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Annual data and sources

Biglari Holdings Inc. (BH-A) · NYSE · USD · Sector unavailable · CIK 0001726173

Annual coverage: 2018-12-31–2025-12-31 (8 periods). Financial snapshot built 2026-10-09.

BH-A annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for Biglari Holdings Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
Unavailable-143.86UnavailableUnavailableUnavailableDiluted EPS (2026-03-02)
Operating cash flow (2026-03-02) · Capex (2026-03-02)
2024
2024-12-31
Unavailable-13.45UnavailableUnavailableUnavailableDiluted EPS (2026-03-02)
Operating cash flow (2026-03-02) · Capex (2026-03-02)
2023
2023-12-31
Unavailable189.49UnavailableUnavailableUnavailableDiluted EPS (2026-03-02)
Operating cash flow (2026-03-02) · Capex (2026-03-02)
2022
2022-12-31
Unavailable-107.43UnavailableUnavailableUnavailableDiluted EPS (2025-03-03)
Operating cash flow (2025-03-03) · Capex (2025-03-03)
2021
2021-12-31
Unavailable111.83UnavailableUnavailableUnavailableDiluted EPS (2024-02-26)
Operating cash flow (2024-02-26) · Capex (2024-02-26)
2020
2020-12-31
Unavailable-110.05UnavailableUnavailableUnavailableDiluted EPS (2023-02-27)
Operating cash flow (2023-02-27) · Capex (2023-02-27)
2019
2019-12-31
Unavailable131.64UnavailableUnavailableUnavailableDiluted EPS (2022-02-28)
Operating cash flow (2022-02-28) · Capex (2022-02-28)
2018
2018-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2021-03-01) · Capex (2021-03-01)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: Ambiguous share-class allocation; totalDebt: 246990000; periodEndShares: Ambiguous share-class allocation

totalDebt component 1 (2026-03-02) · totalDebt component 2 (2026-03-02)
2024-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: Ambiguous share-class allocation; totalDebt: 45000000; periodEndShares: Ambiguous share-class allocation

totalDebt component 1 (2026-03-02) · totalDebt component 2 (2026-03-02)
2023-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: Ambiguous share-class allocation; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: Ambiguous share-class allocation

Source unavailable
2022-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: Ambiguous share-class allocation; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: Ambiguous share-class allocation

Source unavailable
2021-12-31UnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; averageDilutedShares: Ambiguous share-class allocation; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: Ambiguous share-class allocation

Source unavailable
2020-12-31UnavailableUnavailable
Inputs & filings

revenue: 433683000; averageDilutedShares: Ambiguous share-class allocation; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: Ambiguous share-class allocation

revenue (2021-03-01)
2019-12-31UnavailableUnavailable
Inputs & filings

revenue: 668838000; averageDilutedShares: Ambiguous share-class allocation; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: Ambiguous share-class allocation

revenue (2021-03-01)
2018-12-31UnavailableUnavailable
Inputs & filings

revenue: 809894000; averageDilutedShares: Ambiguous share-class allocation; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: Ambiguous share-class allocation

revenue (2021-03-01)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":76606000,"capex":{"accession":"0001628280-26-012987","end":"2025-12-31","filed":"2026-03-02","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-012987","end":"2025-12-31","filed":"2026-03-02","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-37488000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":866133000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingCurrentLiabilities":{"value":147316000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingCapitalEmployed":{"value":718817000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":572961000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingTotalEquity":{"value":572961000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingCash":{"value":30709000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingBorrowings":{"value":45000000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K","reportedValue":35000000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K","reportedValue":10000000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":587252000,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"]},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1025383000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCurrentLiabilities":{"value":155995000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCapitalEmployed":{"value":869388000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":523429000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingTotalEquity":{"value":523429000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCash":{"value":268782000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingBorrowings":{"value":246990000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K","reportedValue":33070000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K","reportedValue":213920000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":501637000,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"]},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-37488000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-10203000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"pretaxIncome":{"value":-47691000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":544444500,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":794102500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Revenue mapping differs from reported total revenue in overlapping annual periods; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2026-03-02) · fcfMargin component 2 (2026-03-02)
cashConversion component 1 (2026-03-02) · cashConversion component 2 (2026-03-02) · cashConversion component 3 (2026-03-02)
roce component 1 (2026-03-02) · roce component 2 (2026-03-02) · roce component 3 (2026-03-02) · roce component 4 (2026-03-02)
2024-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":19066000,"capex":{"accession":"0001628280-26-012987","end":"2024-12-31","filed":"2026-03-02","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-012987","end":"2024-12-31","filed":"2026-03-02","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-3759000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":849422000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"openingCurrentLiabilities":{"value":111100000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"openingCapitalEmployed":{"value":738322000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":599330000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"openingTotalEquity":{"value":599330000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingCash":{"value":28066000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":866133000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCurrentLiabilities":{"value":147316000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCapitalEmployed":{"value":718817000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":572961000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingTotalEquity":{"value":572961000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCash":{"value":30709000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingBorrowings":{"value":45000000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K","reportedValue":35000000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K","reportedValue":10000000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":587252000,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"]},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-3759000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-4395000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"pretaxIncome":{"value":-8154000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":728569500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Revenue mapping differs from reported total revenue in overlapping annual periods; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2026-03-02) · fcfMargin component 2 (2026-03-02)
cashConversion component 1 (2026-03-02) · cashConversion component 2 (2026-03-02) · cashConversion component 3 (2026-03-02)
roce component 1 (2025-03-03) · roce component 2 (2025-03-03) · roce component 3 (2026-03-02) · roce component 4 (2026-03-02)
2023-12-31Unavailable89.30Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":49597000,"capex":{"accession":"0001628280-26-012987","end":"2023-12-31","filed":"2026-03-02","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-012987","end":"2023-12-31","filed":"2026-03-02","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":55539000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":828474000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"openingCurrentLiabilities":{"value":134897000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"openingCapitalEmployed":{"value":693577000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":546966000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"openingTotalEquity":{"value":555568000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"openingCash":{"value":37467000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":849422000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"closingCurrentLiabilities":{"value":111100000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"closingCapitalEmployed":{"value":738322000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":599330000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"closingTotalEquity":{"value":599330000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCash":{"value":28066000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":54948000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":9308000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"pretaxIncome":{"value":64847000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":715949500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Revenue mapping differs from reported total revenue in overlapping annual periods; cashConversion: 89.30121176110481; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2026-03-02) · fcfMargin component 2 (2026-03-02)
cashConversion component 1 (2026-03-02) · cashConversion component 2 (2026-03-02) · cashConversion component 3 (2026-03-02)
roce component 1 (2024-02-26) · roce component 2 (2024-02-26) · roce component 3 (2025-03-03) · roce component 4 (2025-03-03)
2022-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":98079000,"capex":{"accession":"0001726173-25-000003","end":"2022-12-31","filed":"2025-03-03","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001726173-25-000003","end":"2022-12-31","filed":"2025-03-03","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-32305000,"tag":"ProfitLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":894807000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"openingCurrentLiabilities":{"value":143641000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"openingCapitalEmployed":{"value":751166000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":587696000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"openingTotalEquity":{"value":587696000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"openingCash":{"value":42349000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":828474000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"closingCurrentLiabilities":{"value":134897000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"closingCapitalEmployed":{"value":693577000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":546966000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"closingTotalEquity":{"value":555568000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-03-02","accession":"0001628280-26-012987","form":"10-K"},"closingCash":{"value":37467000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-32018000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-10722000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"pretaxIncome":{"value":-43027000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":722371500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Revenue mapping differs from reported total revenue in overlapping annual periods; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2025-03-03) · fcfMargin component 2 (2025-03-03)
cashConversion component 1 (2025-03-03) · cashConversion component 2 (2025-03-03) · cashConversion component 3 (2025-03-03)
roce component 1 (2023-02-27) · roce component 2 (2023-02-27) · roce component 3 (2024-02-26) · roce component 4 (2024-02-26)
2021-12-31Unavailable462.87Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":164218000,"capex":{"accession":"0001726173-24-000004","end":"2021-12-31","filed":"2024-02-26","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001726173-24-000004","end":"2021-12-31","filed":"2024-02-26","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":35478000,"tag":"ProfitLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":1017968000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"openingCurrentLiabilities":{"value":288447000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"openingCapitalEmployed":{"value":729521000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":564828000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"openingTotalEquity":{"value":564828000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"openingCash":{"value":24503000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":894807000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"closingCurrentLiabilities":{"value":143641000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"closingCapitalEmployed":{"value":751166000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":587696000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"closingTotalEquity":{"value":587696000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-03-03","accession":"0001726173-25-000003","form":"10-K"},"closingCash":{"value":42349000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":35478000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":6789000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"pretaxIncome":{"value":42267000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":740343500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Revenue mapping differs from reported total revenue in overlapping annual periods; cashConversion: 462.8727662213203; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2024-02-26) · fcfMargin component 2 (2024-02-26)
cashConversion component 1 (2024-02-26) · cashConversion component 2 (2024-02-26) · cashConversion component 3 (2024-02-26)
roce component 1 (2022-02-28) · roce component 2 (2022-02-28) · roce component 3 (2023-02-27) · roce component 4 (2023-02-27)
2020-12-3122.33UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":96854000,"capex":{"accession":"0001726173-23-000009","end":"2020-12-31","filed":"2023-02-27","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001726173-23-000009","end":"2020-12-31","filed":"2023-02-27","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":433683000,"tag":"Revenues","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"netIncome":{"value":-37989000,"tag":"ProfitLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":1139309000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"openingCurrentLiabilities":{"value":139817000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"openingCapitalEmployed":{"value":999492000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":616298000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"openingTotalEquity":{"value":616298000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"openingCash":{"value":67772000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1017968000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"closingCurrentLiabilities":{"value":288447000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"closingCapitalEmployed":{"value":729521000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":564828000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"closingTotalEquity":{"value":564828000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-26","accession":"0001726173-24-000004","form":"10-K"},"closingCash":{"value":24503000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-37989000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-12212000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"pretaxIncome":{"value":-50201000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":864506500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":96854000,"capex":{"accession":"0001726173-23-000009","end":"2020-12-31","filed":"2023-02-27","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001726173-23-000009","end":"2020-12-31","filed":"2023-02-27","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":433683000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"}}}}; fcfMargin: 22.33290214280938; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2023-02-27) · fcfMargin component 2 (2023-02-27) · fcfMargin component 3 (2023-02-27)
cashConversion component 1 (2023-02-27) · cashConversion component 2 (2023-02-27) · cashConversion component 3 (2023-02-27)
roce component 1 (2021-03-01) · roce component 2 (2021-03-01) · roce component 3 (2022-02-28) · roce component 4 (2022-02-28)
2019-12-3111.36167.48Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":76004000,"capex":{"accession":"0001726173-22-000004","end":"2019-12-31","filed":"2022-02-28","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001726173-22-000004","end":"2019-12-31","filed":"2022-02-28","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":668838000,"tag":"Revenues","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"netIncome":{"value":45380000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31"},"openingParentEquity":{"value":570455000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":48557000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1139309000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"closingCurrentLiabilities":{"value":139817000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"closingCapitalEmployed":{"value":999492000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":616298000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"closingTotalEquity":{"value":616298000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-27","accession":"0001726173-23-000009","form":"10-K"},"closingCash":{"value":67772000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":45380000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":9761000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"pretaxIncome":{"value":55141000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":76004000,"capex":{"accession":"0001726173-22-000004","end":"2019-12-31","filed":"2022-02-28","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001726173-22-000004","end":"2019-12-31","filed":"2022-02-28","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":668838000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"}}}}; fcfMargin: 11.363588791306714; cashConversion: 167.48347289554872; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome, openingCapitalEmployed; Missing or conflicting matching SEC fact; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31

fcfMargin component 1 (2022-02-28) · fcfMargin component 2 (2022-02-28) · fcfMargin component 3 (2022-02-28)
cashConversion component 1 (2022-02-28) · cashConversion component 2 (2022-02-28) · cashConversion component 3 (2022-02-28)
roce component 1 (2021-03-01) · roce component 2 (2021-03-01)
2018-12-310.6627.77Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":5385000,"capex":{"accession":"0001628280-21-003517","end":"2018-12-31","filed":"2021-03-01","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-21-003517","end":"2018-12-31","filed":"2021-03-01","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":809894000,"tag":"Revenues","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"netIncome":{"value":19392000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31"},"openingParentEquity":{"value":571328000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2017-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31"},"closingParentEquity":{"value":570455000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-28","accession":"0001726173-22-000004","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":48557000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":19392000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-2637000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"pretaxIncome":{"value":16755000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001628280-21-003517","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 0.6649018266587974; cashConversion: 27.76918316831683; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: operatingIncome, openingCapitalEmployed, closingCapitalEmployed; Missing or conflicting matching SEC fact; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31

fcfMargin component 1 (2021-03-01) · fcfMargin component 2 (2021-03-01) · fcfMargin component 3 (2021-03-01)
cashConversion component 1 (2021-03-01) · cashConversion component 2 (2021-03-01) · cashConversion component 3 (2021-03-01)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: No unambiguous matching annual USD fact; netIncome: -37488000

netIncome (2026-03-02)
2024-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: No unambiguous matching annual USD fact; netIncome: -3759000

netIncome (2026-03-02)
2023-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: No unambiguous matching annual USD fact; netIncome: 55539000

netIncome (2026-03-02)
2022-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: No unambiguous matching annual USD fact; netIncome: -32305000

netIncome (2025-03-03)
2021-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: Revenue mapping differs from reported total revenue in overlapping annual periods; operatingIncome: No unambiguous matching annual USD fact; netIncome: 35478000

netIncome (2024-02-26)
2020-12-31433,683,000.00Unavailable-8.76
Inputs & filings

revenue: 433683000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -37989000

revenue (2021-03-01)
netIncome (2023-02-27)
2019-12-31668,838,000.00Unavailable6.78
Inputs & filings

revenue: 668838000; operatingIncome: No unambiguous matching annual USD fact; netIncome: 45380000

revenue (2021-03-01)
netIncome (2022-02-28)
2018-12-31809,894,000.00Unavailable2.39
Inputs & filings

revenue: 809894000; operatingIncome: No unambiguous matching annual USD fact; netIncome: 19392000

revenue (2021-03-01)
netIncome (2021-03-01)

Biglari Holdings Inc. (BH-A) P/E ratio history

The interactive P/E chart contains all 435 stored weekly price points (2018-05-04–2026-10-08); 152 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

3 eligible fiscal-year-end observations span 2019-12-31–2023-12-31. Latest eligible diluted P/E: 4.19×; basic P/E: Unavailable×, for fiscal end 2023-12-31, using the close on 2023-12-29.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (8 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-261,841.01Adjusted closeUnavailableUnavailable Diluted EPS (2026-03-02)
2024-12-312024-12-271,268.32Adjusted closeUnavailableUnavailable Diluted EPS (2026-03-02)
2023-12-312023-12-29793.93Adjusted closeUnavailable4.19 Diluted EPS (2026-03-02)
2022-12-312022-12-29687.50Adjusted closeUnavailableUnavailable Diluted EPS (2025-03-03)
2021-12-312021-12-31695.00Adjusted closeUnavailable6.21 Diluted EPS (2024-02-26)
2020-12-312020-12-31585.00Adjusted closeUnavailableUnavailable Diluted EPS (2023-02-27)
2019-12-312019-12-27599.00Adjusted closeUnavailable4.55 Diluted EPS (2022-02-28)
2018-12-312018-12-28610.04Adjusted closeUnavailableUnavailable Source unavailable

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