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Biglari Holdings Inc. BH Insurance premiums and other — Depreciation, depletion, and amortization

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Restaurant operations
$26.76M-0.9%
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$2.79M-7.8%
Brand Licensing
$228K+128%

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Other financials

Income statement

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Revenue$108.5M+7.9%
Gross profit$67.4M+11.3%
Net income$39.9M-21.6%
EPS (diluted)$31.63-18.7%

Balance sheet

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Cash & equivalents$68.4M+109%
Total debt$289.3M+577%
Total equity$543.8M-7.7%
Total assets$1.1B+22.6%

Cash flow

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Operating cash flow$14.9M-64.5%
CapEx$6.7M+146%
Free cash flow$8.3M-79.0%

Valuation

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Market cap$1.21B+42.1%
Enterprise value$1.43B+66.0%
P/S+0.7×

Profitability

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Gross margin60%-0.2pp
Net margin-7.3%-17.8pp
FCF margin12.4%-4.2pp

Returns & leverage

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Return on equity-5.3%-12.1pp
Debt / equity0.5×+0.5×
Current ratio2.4×+1.1×

Where this comes from

Reported directly by Biglari Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Biglari Holdings Inc.’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 6:32 AM EST
Fiscal year
FY2025
Accession
0001628280-26-012987
Line itemDepreciation, Depletion, and Amortization / 2025Depreciation, Depletion, and Amortization / 2024Depreciation, Depletion, and Amortization / 2023
Operating Businesses:
Restaurant$26,759$27,002$27,031
Insurance368341339
Oil and gas11,67411,10210,339
Brand licensing446
Operating businesses39,24738,44537,709
Corporate and other1,5321,3981,270
$40,779$39,843$38,979

Item 8. Financial Statements and Supplementary Data

FAQ

What is Biglari Holdings Inc.'s insurance premiums and other — depreciation, depletion, and amortization?
Biglari Holdings Inc. (BH) reported insurance premiums and other — depreciation, depletion, and amortization of $92K in Q4 2025.
How has Biglari Holdings Inc.'s insurance premiums and other — depreciation, depletion, and amortization changed year-over-year?
Biglari Holdings Inc.'s insurance premiums and other — depreciation, depletion, and amortization increased by 7.9% year-over-year, from $85.25K to $92K.
What is the long-term trend for Biglari Holdings Inc.'s insurance premiums and other — depreciation, depletion, and amortization?
Over 4 years (2021 to 2025), Biglari Holdings Inc.'s insurance premiums and other — depreciation, depletion, and amortization has grown at a 20.2% compound annual growth rate (CAGR), from $176K to $368K.
What does insurance premiums and other — depreciation, depletion, and amortization mean?
Reflects the non-cash accounting expense allocated to the insurance segment to account for the gradual wear and tear or expiration of tangible and intangible assets over their useful lives. This metric provides insight into the ongoing cost of maintaining the segment's asset base. It is a critical component for understanding the true economic cost of operations beyond cash-based expenditures.

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