About Biglari Holdings Inc.
https://www.biglariholdings.comBiglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names.

CEO
Sardar Biglari
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2018-05-01 | Forward | 3:2 |
| 2014-08-15 | Forward | 1077:1000 |
ETFs Holding This Stock
Summary
Showing Top 3 of 76
Ratings Snapshot
Rating : C+
Price Target
Institutional Ownership

BIGLARI CAPITAL CORP.
Shares:1.39M
Value:$637.55M

DIMENSIONAL FUND ADVISORS LP
Shares:100.82K
Value:$46.1M

BLACKROCK, INC.
Shares:53.91K
Value:$24.65M
Summary
Showing Top 3 of 108
About Biglari Holdings Inc.
https://www.biglariholdings.comBiglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $99.74M ▼ | $20.42M ▼ | $-5.29M ▼ | -5.3% ▼ | $-1.71 ▼ | $8.02M ▼ |
| Q2-2025 | $100.62M ▲ | $23.4M ▼ | $50.93M ▲ | 50.62% ▲ | $16.41 ▲ | $77.47M ▲ |
| Q1-2025 | $95.03M ▲ | $31.62M ▲ | $-33.27M ▼ | -35.01% ▼ | $-10.72 ▼ | $-28.69M ▼ |
| Q4-2024 | $91.11M ▲ | $29.32M ▲ | $-10.27M ▼ | -11.27% ▼ | $-7.34 ▼ | $-6.08M ▼ |
| Q3-2024 | $90.41M | $19.51M | $32.13M | 35.53% | $22.95 | $15.43M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $369.17M ▲ | $1.08B ▲ | $499.22M ▲ | $580.28M ▼ |
| Q2-2025 | $137.31M ▲ | $863.58M ▲ | $274.29M ▼ | $589.29M ▲ |
| Q1-2025 | $135.33M ▲ | $829.06M ▼ | $289.22M ▼ | $539.84M ▼ |
| Q4-2024 | $133.68M ▲ | $866.13M ▲ | $293.17M ▲ | $572.96M ▼ |
| Q3-2024 | $132.79M | $865.12M | $263.35M | $601.76M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-5.29M ▼ | $31.25M ▼ | $-9.04M ▼ | $217.5M ▲ | $239.72M ▲ | $22.3M ▼ |
| Q2-2025 | $50.93M ▲ | $42.15M ▲ | $-7.27M ▲ | $-30.78M ▼ | $4.1M ▲ | $39.44M ▲ |
| Q1-2025 | $-33.27M ▼ | $15.79M ▼ | $-19.89M ▲ | $2M ▼ | $-2.06M ▼ | $8.49M ▼ |
| Q4-2024 | $-10.27M ▼ | $18M ▲ | $-52.47M ▼ | $34.62M ▲ | $202K ▼ | $10.9M ▲ |
| Q3-2024 | $32.13M | $10.76M | $-15.33M | $7.56M | $2.95M | $3.69M |
Revenue by Products
| Product | Q4-2024 | Q3-2024 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
Insurance Operations | $0 ▲ | $0 ▲ | $20.00M ▲ | $20.00M ▲ |
Licensing And Media | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Media And Licensing | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Oil and Gas | $20.00M ▲ | $10.00M ▼ | $10.00M ▲ | $10.00M ▲ |

CEO
Sardar Biglari
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2018-05-01 | Forward | 3:2 |
| 2014-08-15 | Forward | 1077:1000 |
ETFs Holding This Stock
Summary
Showing Top 3 of 76
Ratings Snapshot
Rating : C+
Price Target
Institutional Ownership

BIGLARI CAPITAL CORP.
Shares:1.39M
Value:$637.55M

DIMENSIONAL FUND ADVISORS LP
Shares:100.82K
Value:$46.1M

BLACKROCK, INC.
Shares:53.91K
Value:$24.65M
Summary
Showing Top 3 of 108




