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Biglari Holdings Inc. BH Restaurant operations — Depreciation, depletion, and amortization

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Other financials

Income statement

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Revenue$97.5M+2.6%
Gross profit$60.0M+4.8%
Net income-$14.5M+56.3%
EPS (diluted)-$11.16+55.9%

Balance sheet

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Cash & equivalents$200.1M+598%
Total debt$290.3M+627%
Total equity$519.2M-3.8%
Total assets$1.0B+22.8%

Cash flow

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Operating cash flow$20.3M+28.7%
CapEx$7.0M-4.6%
Free cash flow$13.4M+57.3%

Valuation

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Market cap$1.13B+28.7%
Enterprise value$1.22B+37.2%
P/S2.8×+0.5×

Profitability

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Gross margin59.5%-0.6pp
Net margin-4.7%-2.0pp
FCF margin20.5%

Returns & leverage

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Return on equity-3.5%-1.4pp
Debt / equity0.6×+0.5×
Current ratio2.5×+1.3×

Where this comes from

Reported directly by Biglari Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Biglari Holdings Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Biglari Holdings Inc.'s restaurant operations — depreciation, depletion, and amortization?
Biglari Holdings Inc. (BH) reported restaurant operations — depreciation, depletion, and amortization of $6.69M in Q4 2025.
How has Biglari Holdings Inc.'s restaurant operations — depreciation, depletion, and amortization changed year-over-year?
Biglari Holdings Inc.'s restaurant operations — depreciation, depletion, and amortization decreased by 0.9% year-over-year, from $6.75M to $6.69M.
What is the long-term trend for Biglari Holdings Inc.'s restaurant operations — depreciation, depletion, and amortization?
Over 4 years (2021 to 2025), Biglari Holdings Inc.'s restaurant operations — depreciation, depletion, and amortization has grown at a 5.6% compound annual growth rate (CAGR), from $21.48M to $26.76M.
What does restaurant operations — depreciation, depletion, and amortization mean?
Represents the non-cash expense allocated to systematically reduce the carrying value of tangible and intangible assets over their estimated useful lives within the restaurant segment. This metric accounts for the wear and tear of restaurant equipment and the expiration of intangible assets. It is a critical component in reconciling net income to cash flow from operations.