BH Stock — Biglari Holdings Inc.

Biglari Holdings Inc. (BH)

Updated October 16, 2026.

BH is a Stock. Total return is 7066.0% over the past 46.6 years.

Biglari Holdings operates and franchises Steak n Shake and Western Sizzlin restaurants across the United States, and also conducts commercial truck insurance underwriting, property and casualty insurance and reinsurance, offshore oil and natural gas exploration, and MAXIM magazine publishing and licensing, along with investment activities. The company does not currently distribute to shareholders, though it has made special one-time distributions in the past that should not be relied upon as recurring income. This diversified operating company may appeal to investors seeking capital appreciation rather than current income.

BH performance

Price and return data through 2026-10-16.

Total return is 7066.0% over the past 46.6 years. Over the past year its total return — price change plus distributions reinvested — is 21.9%. Its deepest 1-year drawdown was 48.0%.

BH key facts

Asset type

Stock

Asset class

Equity

Inception date

03/17/1980

Distribution frequency

None

5-year average yield

1.38

Last close

$434.04 (as of 2026-10-16)

Market cap

$916,721,995

Average volume

72899.0

Ex-dividend date

06/14/1996

Beta

0.511

Payout ratio

0.0%

Forward P/E

10.5708

EPS

$-22.74

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BH risks and drawbacks

The deepest 1-year drawdown on record here is 48.0%.

Who may consider BH — and who may not

It is a weaker fit for investors who need monthly cash flow (BH does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on BH

• All tickers starting with B

Tagged: Consumer Discretionary.

Frequently asked questions