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Also trades as: BH (NYSE) · $vol 51M

BH-A NYSE

Biglari Holdings Inc.
1W: -12.6% 1M: +9.7% 3M: -1.9% YTD: +3.0% 1Y: +3.7% 3Y: +129.2% 5Y: +141.4%
$1,868.42
-16.22 (-0.86%)
 
Weekly Expected Move ±6.8%
$1649 $1779 $1909 $2039 $2170
NYSE · Consumer Cyclical · Restaurants · Tech Score Neutral · Power 59 · $1.2B mcap · 694188 float · 3.94% daily turnover
Credit Risk of going bust: higher than 56% of companies Debt: 19.1% of company value Bonds: none of note held by US funds details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $42.72 (down 98%), Biglari Holdings Inc. would be worth roughly what it owes.
Total debt $289.3M against a stock market value of $1.23B.
Distance to default 4.60 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $133.4M (short-term plus half of long-term), stock volatility 53.9%; Altman Z'' 4.29. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Smart Money Score
Bullish 75
Insider+$13.4M
Congress—
ETF Holdings—
Key Statistics
Market Cap$1.2B
52W Range1238-2513
Volume38,306
Avg Volume27,383
Beta0.53
Dividend—
Analyst Ratings
1 Buy 1 Hold 0 Sell
Consensus Buy
Company Info
CEOSardar Biglari
Employees2,359
SectorConsumer Cyclical
IndustryRestaurants
IPO Date2018-05-02
19100 Ridgewood Parkway
San Antonio, TX 78259
US
210 344 3400
About Biglari Holdings Inc.

Biglari Holdings Inc. is a diverse corporation primarily recognized for its extensive restaurant operations and franchising activities across the United States. It manages and licenses eateries under its prominent Steak n Shake and Western Sizzlin brands. As of December 31, 2021, its restaurant footprint included 199 company-owned Steak n Shake establishments, alongside 159 franchise partner units and 178 traditional franchise outlets for the same brand. The Western Sizzlin chain comprised 3 company-operated restaurants and 38 franchised locations. Beyond its culinary ventures, the company holds interests in the insurance sector, where it underwrites commercial trucking policies, offers physical damage and non-trucking liability coverage for truckers, and provides a range of property and casualty insurance solutions. Additionally, Biglari Holdings operates oil and natural gas properties situated in the Gulf of Mexico. Its media division is responsible for publishing and selling magazines and related materials under the MAXIM brand, while also engaging in the licensing of various media products and services. The firm further allocates capital through its investment activities. Tracing its origins back to 1934, the entity initially operated as The Steak n Shake Company before adopting its current name, Biglari Holdings Inc., in April 2010. The company's corporate base is located in San Antonio, Texas.

Recent Insider Trades

NameTypeSharesPriceDate
BIGLARI, SARDAR P-Purchase 14,351 $258.06 2026-05-14
BIGLARI, SARDAR P-Purchase 15,358 $260.36 2026-05-13
BIGLARI, SARDAR P-Purchase 22,965 $249.84 2026-05-12
BIGLARI, SARDAR P-Purchase 2,810 $302.20 2026-03-13
BIGLARI, SARDAR P-Purchase 3,320 $301.06 2026-03-09

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms