Biglari Financial Ratios
NYSE: BH.AConsumer CyclicalRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Biglari ratio analysis
Biglari earned a net margin of -9.5% in FY 2025, down from -1.0% a year earlier. Gross margin was 59.2% compared with a median of 54.3% over the prior 7 years. Return on equity reached -7.2%, meaning Biglari generated -0.07 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.47 versus 0.08 the year before, and the current ratio was 2.43. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Biglari financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | — | — | 4.19 | — | 6.21 | — | 4.42 | — | — | — |
| Gross margin | 59.2% | 60.4% | 62.2% | 61.9% | 54.3% | 43.1% | 25.1% | 21.4% | — | — |
| Net margin | -9.5% | -1.0% | 15.0% | -8.7% | 9.7% | -8.8% | 6.8% | 2.4% | — | — |
| Free cash flow margin | 19.4% | 5.3% | 13.6% | 26.6% | 44.9% | 22.3% | 11.4% | 0.7% | — | — |
| Return on equity (ROE) | -7.2% | -0.7% | 9.2% | -5.9% | 6.0% | -6.7% | 7.4% | 3.4% | 8.8% | 18.7% |
| Return on assets (ROA) | -3.7% | -0.4% | 6.5% | -3.9% | 4.0% | -3.7% | 4.0% | 1.9% | 4.7% | — |
| Debt / equity | 0.47 | 0.08 | 0.00 | 0.02 | 0.18 | 0.47 | 0.44 | 0.43 | 0.46 | — |
| Current ratio | 2.43 | 1.16 | 1.37 | 1.12 | 1.15 | 0.51 | 1.04 | 0.93 | 0.83 | — |
| Revenue growth | 9.2% | -0.9% | -0.8% | 0.6% | -15.6% | -35.2% | -17.4% | — | — | — |
| EPS growth | — | -107.1% | — | -196.1% | — | -183.6% | — | — | — | — |