CA
NZ
UK
AU
IND
US
…
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. It also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, the company operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM brand names. Further, it involved investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Biglari Holdings is a holding company that owns restaurant brands and a portfolio of marketable securities. Long-term growth may be supported by operational recovery at dining businesses, returns from investments, and disciplined capital deployment. The company may appeal to investors who prefer a concentrated, value-oriented capital allocation approach.
Key risks include concentrated executive control, operational and competitive challenges in restaurants, sensitivity to commodity and labor costs, and volatility of its investment holdings.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -47.69M | -8.15M | 64.85M | -43.03M | 42.27M |
| Minority interest | 0.00M | 0.00M | -0.27M | 0.29M | - |
| Net income | -37.49M | -3.76M | 54.95M | -32.30M | 35.48M |
| Selling general administrative | 86.84M | 63.09M | 64.37M | 0.07M | 76.02M |
| Selling and marketing expenses | - | 12.58M | 12.63M | 70.54M | - |
| Gross profit | 108.64M | 138.62M | 116.38M | 152.78M | 142.78M |
| Reconciled depreciation | 40.78M | 39.84M | 38.98M | 36.44M | 30.05M |
| Ebit | 18.11M | -2.02M | 70.64M | -30.22M | 47.66M |
| Ebitda | 58.89M | 37.82M | 109.62M | 6.22M | 77.71M |
| Depreciation and amortization | 40.78M | 39.84M | 38.98M | 36.44M | 30.05M |
| Non operating income net other | - | - | - | - | 17.35M |
| Operating income | 18.11M | 23.11M | 39.38M | -30.22M | 47.66M |
| Other operating expenses | 377.15M | 339.01M | 325.94M | 322.50M | 329.40M |
| Interest expense | 5.42M | 6.13M | 5.79M | 5.89M | 7.16M |
| Tax provision | -10.20M | -4.39M | 5.81M | -10.72M | 6.79M |
| Interest income | 80.11M | 46.85M | 15.86M | 85.24M | 10.19M |
| Net interest income | -13.64M | -6.13M | -5.79M | -5.89M | -7.16M |
| Non recurring | - | - | - | - | 4.63M |
| Income tax expense | -10.20M | -4.39M | 9.31M | -10.72M | 6.79M |
| Total revenue | 395.26M | 362.11M | 365.32M | 368.23M | 366.11M |
| Total operating expenses | 90.52M | 115.51M | 77.00M | 107.05M | 106.07M |
| Cost of revenue | 286.62M | 223.49M | 248.94M | 215.45M | 223.33M |
| Total other income expense net | -65.80M | -31.26M | 25.47M | -12.80M | -5.39M |
| Net income from continuing ops | -37.49M | -3.76M | 20.63M | -32.30M | 35.48M |
| Net income applicable to common shares | -37.49M | -3.76M | 54.95M | -32.30M | 35.48M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1049.13M | 866.13M | 849.42M | 828.47M | 894.81M |
| Intangible assets | 23.67M | 22.82M | 23.23M | 23.04M | 23.46M |
| Other current assets | 9.77M | 7.72M | 7.38M | 10.49M | 7.09M |
| Total liab | 525.71M | 293.17M | 250.09M | 272.91M | 307.11M |
| Total stockholder equity | 523.43M | 572.96M | 599.33M | 546.97M | 587.70M |
| Deferred long term liab | - | - | - | - | 46.53M |
| Other current liab | 73.55M | 61.19M | 47.89M | 50.52M | 41.07M |
| Common stock | 1.14M | 1.14M | 1.14M | 1.14M | 1.14M |
| Capital stock | 1.14M | 1.14M | 1.14M | 1.14M | 1.14M |
| Retained earnings | 590.21M | 627.70M | 631.46M | 576.51M | 608.53M |
| Other liab | - | - | - | 46.16M | 58.99M |
| Good will | 52.57M | 52.50M | 53.53M | 53.51M | 53.55M |
| Other assets | 9.68M | 8.31M | - | 10.01M | 10.70M |
| Cash | 268.78M | 30.71M | 28.07M | 37.47M | 42.35M |
| Cash and equivalents | 268.78M | 30.71M | - | 37.47M | 42.35M |
| Total current liabilities | 156.00M | 147.32M | 111.10M | 134.90M | 143.64M |
| Current deferred revenue | - | - | 9.87M | 28.97M | 37.59M |
| Net debt | 89.86M | 119.48M | 73.18M | 81.36M | 79.03M |
| Short term debt | 47.02M | 49.45M | 29.71M | 26.98M | 16.90M |
| Short long term debt | 33.07M | 35.00M | - | 10.00M | - |
| Short long term debt total | 358.64M | 150.19M | 101.24M | 118.83M | 121.38M |
| Other stockholder equity | -66.57M | -53.00M | -30.75M | -27.89M | -20.06M |
| Property plant equipment | 406.66M | 410.17M | - | 435.46M | 391.89M |
| Total current assets | 374.65M | 170.62M | 152.55M | 150.65M | 164.81M |
| Long term investments | 154.28M | 201.73M | 199.10M | 155.79M | 250.40M |
| Net tangible assets | - | - | - | 470.42M | 510.69M |
| Short term investments | 69.05M | 102.97M | 91.88M | 69.47M | 83.06M |
| Net receivables | 23.28M | 25.18M | 22.24M | 29.38M | 28.51M |
| Long term debt | 213.92M | 10.00M | - | - | - |
| Inventory | 3.77M | 4.03M | 2.98M | 3.85M | 3.80M |
| Accounts payable | 35.43M | 28.54M | 22.45M | 28.43M | 36.68M |
| Accumulated other comprehensive income | -1.35M | -2.87M | -2.52M | -2.79M | -1.91M |
| Common stock total equity | - | - | - | - | 1.14M |
| Retained earnings total equity | - | - | - | - | 608.53M |
| Treasury stock | - | - | - | - | -401.85M |
| Non currrent assets other | 36.59M | 8.31M | 8.30M | 10.01M | 10.70M |
| Non current assets total | 674.48M | 695.52M | 696.87M | 677.82M | 730.00M |
| Capital lease obligations | 111.65M | 105.19M | 101.24M | 108.83M | 121.38M |
| Long term debt total | 277.96M | 73.13M | - | 63.00M | 68.47M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 33.02M | -87.39M | -66.08M | -136.60M | -4.08M |
| Change to liabilities | - | - | - | -24.58M | -0.59M |
| Total cashflows from investing activities | -65.47M | -87.39M | - | -136.60M | -58.52M |
| Net borrowings | 198.40M | 39.48M | - | 3.86M | -156.16M |
| Total cash from financing activities | 196.53M | 39.48M | -16.13M | 3.86M | -156.16M |
| Change to operating activities | - | - | - | 8.52M | 0.14M |
| Net income | -37.49M | -3.76M | 54.95M | -32.30M | 35.48M |
| Change in cash | 238.06M | 1.78M | -9.15M | -4.88M | 14.02M |
| Begin period cash flow | 31.43M | 29.65M | 38.80M | 43.69M | 29.67M |
| End period cash flow | 269.49M | 31.43M | 29.65M | 38.80M | 43.69M |
| Total cash from operating activities | 106.96M | 49.66M | 73.00M | 127.83M | 228.77M |
| Depreciation | 40.78M | 39.84M | 38.98M | 36.44M | 30.05M |
| Other cashflows from investing activities | -68.14M | -46.80M | - | -106.86M | 6.02M |
| Change to inventory | - | - | - | -3.34M | 9.32M |
| Change to account receivables | 3.46M | -5.24M | 5.78M | 3.34M | -9.32M |
| Other cashflows from financing activities | 196.53M | 39.48M | -66.08M | -136.60M | -58.52M |
| Change to netincome | - | - | - | 136.12M | 173.02M |
| Capital expenditures | 30.35M | 30.59M | 23.41M | 29.75M | 64.55M |
| Cash flows other operating | - | - | - | - | 160.03M |
| Exchange rate changes | - | - | - | - | -0.06M |
| Cash and cash equivalents changes | - | - | - | - | 14.02M |
| Change in working capital | 6.80M | -6.97M | -3.64M | -12.72M | -9.78M |
| Stock based compensation | - | - | 12.23M | - | - |
| Other non cash items | 108.35M | 29.03M | -23.85M | 151.99M | 167.75M |
| Free cash flow | 76.61M | 19.07M | 49.60M | 98.08M | 164.22M |
Sector: Consumer Cyclical Industry: Restaurants
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| BH Biglari Holdings Inc |
-1.41 0.37% |
384.65 | - | 10.57 | 2.38 | 1.75 | 2.43 | 142.46 |
| MCD McDonald’s Corporation |
1.03 0.41% |
250.50 | 25.70 | 23.09 | 8.38 | - | 10.23 | 18.80 |
| SBUX Starbucks Corporation |
0.16 0.16% |
103.20 | 21.34 | 20.79 | 2.62 | - | 3.20 | 15.23 |
| CMPGF Compass Group PLC |
- -% |
34.69 | 26.48 | 20.16 | 1.11 | 6.71 | 1.28 | 13.86 |
| CMPGY Compass Group PLC ADR |
-0.36 1.06% |
33.64 | 26.32 | 20.20 | 1.10 | 6.71 | 1.28 | 13.86 |
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. It also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, the company operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM brand names. Further, it involved investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
19100 Ridgewood Parkway, San Antonio, TX, United States, 78259
210 344 3400
2359
| Name | Title | Year Born |
|---|---|---|
| Mr. Sardar Biglari C.F.A. | Chairman & CEO | 1978 |
| Mr. Bruce W. Lewis | Controller | 1965 |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.
Download a free report with stock ideas and industry insights for general information.
Download Free Report Now →
Basic Materials
+0.02%
Communication Services
-0.63%
Consumer Cyclical
-0.11%
Consumer Defensive
-0.45%
Energy
+0.39%
Financial Services
-0.10%
Financials
-0.81%
Healthcare
+1.03%
Industrials
+0.32%
Real Estate
-0.31%
Technology
+0.59%
Utilities
-0.18%
Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.
Portfolio
Watchlist
Please wait processing your request...