Biglari Holdings Inc. BH Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Restaurant operations by Business | ||||||
| Insurance Segment | $76.05M-0.5% | $76.46M+0.1% | $76.37M+1.2% | $75.44M+1.5% | $74.31M+2.2% | |
| Oil And Gas Segment | $29.42M-2.6% | $30.21M-11.1% | $33.99M-6.1% | $36.19M-3.1% | $37.37M+1.1% | |
| Restaurant Segment | $282.67M+0.6% | $280.87M+3.8% | $270.69M+3.6% | $261.34M+3.0% | $253.8M+0.9% | |
| Earnings (loss) before income taxes by Business | ||||||
| Insurance Segment | $14.42M+13.4% | $12.72M+21.7% | $10.45M+25.5% | $8.32M-0.7% | $8.38M-7.8% | |
| Oil And Gas Segment | $3.76M-70.9% | $12.9M+1.1% | $12.76M-0.4% | $12.8M-56.0% | $29.1M+46.1% | |
| Restaurant Segment | $22.7M-1.9% | $23.14M+5.9% | $21.85M+5.5% | $20.72M+3.3% | $20.05M-7.2% | |
| Costs and Expenses by Business | ||||||
| Insurance Segment | $61.63M-3.3% | $63.75M-3.3% | $65.92M-1.8% | $67.11M+1.8% | $65.93M+3.7% | |
| Oil And Gas Segment | $28.71M-1.7% | $29.19M-7.4% | $31.53M-6.3% | $33.64M-0.9% | $33.95M+0.2% | |
| Restaurant Segment | $259.96M+0.9% | $257.73M+3.6% | $248.84M+3.4% | $240.62M+2.9% | $233.75M+1.7% | |
| G&A by Business | ||||||
| Oil And Gas Segment | $4.99M+0.4% | $4.97M-17.4% | $6.02M-0.8% | $6.06M-2.3% | $6.2M+1.1% | |
| Depreciation, depletion, and amortization by Business | ||||||
| Oil And Gas Segment | $11.29M-3.3% | $11.67M-2.0% | $11.91M-6.9% | $12.8M+10.7% | $11.57M+4.2% | |
| Total revenues by Product | ||||||
| Other | $2.72M-8.8% | $2.98M-2.2% | $3.04M-4.2% | $3.18M+13.2% | $2.81M-5.0% | |
| Earnings (loss) before income taxes by Product | ||||||
| Insurance Underwriting | 1,023,700,000%+166,800,000pp | 856,900,000%-2,900,000pp | 859,800,000%+225,900,000pp | 633,900,000%+76,000,000pp | 557,900,000%+35,600,000pp | |
| Investment Income | 315,300,000%-18,600,000pp | 333,900,000%-40,300,000pp | 374,200,000%+800,000pp | 373,400,000%-11,600,000pp | 385,000,000%-7,800,000pp | |
| Other | 188,700,000%-28,000,000pp | 216,700,000%— | —— | —— | —— | |
| Restaurant operations by Product | ||||||
| Franchise partner fees | $80.4M+4.4% | $77M+4.0% | $74.01M+2.8% | $72M+2.9% | $70M-0.9% | |
| Franchise royalties and fees | $13.22M-2.7% | $13.59M+7.7% | $12.61M-4.1% | $13.16M-3.6% | $13.64M+0.1% | |
| Insurance premiums and other | $76.05M-0.5% | $76.46M+0.1% | $76.37M+1.2% | $75.44M+1.5% | $74.31M+2.2% | |
| Oil and gas | $29.42M-2.6% | $30.21M-11.1% | $33.99M-6.1% | $36.19M-3.1% | $37.37M+1.1% | |
| Restaurant operations | $282.67M+0.6% | $280.87M+3.8% | $270.69M+3.6% | $261.34M+3.0% | $253.8M+0.9% | |
| Other segment items by Product | ||||||
| Insurance Underwriting | $0— | $0— | $0— | $0— | $0— | |
| Investment Income | $0— | $0— | $0— | $0— | $0— | |
| Costs and Expenses by Product | ||||||
| Insurance Underwriting | $60.8M-3.4% | $62.94M+0.9% | $62.35M-1.9% | $63.55M+0.3% | $63.36M+3.2% | |
| Investment Income | $0— | $0— | $0— | $0— | $0— | |
| Insurance losses and underwriting expenses by Product | ||||||
| Insurance Underwriting | $19.71M-0.4% | $19.8M+21.4% | $16.31M-9.7% | $18.07M-2.8% | $18.59M+4.9% | |
| Investment Income | $0— | $0— | $0— | $0— | $0— | |
| Other | -$96K— | $0— | $0— | $0— | $0— | |
| Insurance losses by Product | ||||||
| Insurance Underwriting | $41.09M-4.7% | $43.14M-6.3% | $46.04M+1.2% | $45.48M+1.6% | $44.77M+2.6% | |
| Investment Income | $0— | $0— | $0— | $0— | $0— | |
| Other | $0— | $0— | $0— | $0— | $0— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Biglari Holdings Inc. break its business down?
- Biglari Holdings Inc. (BH) reports restaurant operations by business across 4 parts — Insurance Segment, Maxim, Oil And Gas Segment and Restaurant Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Biglari Holdings Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Biglari Holdings Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
