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Biglari Holdings Inc. BH Net debt / EBITDA

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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$1.22B+35.3%
Enterprise value$1.45B+58.0%
P/S+0.6×

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

Calculated from Biglari Holdings Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Biglari Holdings Inc.’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054841

FAQ

What is Biglari Holdings Inc.'s net debt / EBITDA?
Biglari Holdings Inc. (BH) reported net debt / EBITDA of 11.1× in Q2 2026.
How has Biglari Holdings Inc.'s net debt / EBITDA changed year-over-year?
Biglari Holdings Inc.'s net debt / EBITDA increased by 10281.0% year-over-year, from 0.1× to 11.1×.
What is the long-term trend for Biglari Holdings Inc.'s net debt / EBITDA?
Over 2 years (2023 to 2025), Biglari Holdings Inc.'s net debt / EBITDA has grown at a 1259.0% compound annual growth rate (CAGR), from 0.1× to 21×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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