Biglari Holdings Past Earnings Performance
Past criteria checks 2/6
Biglari Holdings has been growing earnings at an average annual rate of 2.2%, while the Hospitality industry saw earnings growing at 21% annually. Revenues have been declining at an average rate of 19% per year. Biglari Holdings's return on equity is 9.3%, and it has net margins of 15%.
Key information
2.2%
Earnings growth rate
3.8%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | -19.0% |
| Return on equity | 9.3% |
| Net Margin | 15.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
There's Been No Shortage Of Growth Recently For Biglari Holdings' (NYSE:BH.A) Returns On Capital
Dec 13
Biglari Holdings Inc. Secures Oil And Gas Development Deal
Dec 12Biglari Holdings: Sum-Of-The-Parts Valuation Implies Significant Upside
Jul 10Biglari Holdings (NYSE:BH.A) Has A Rock Solid Balance Sheet
Mar 18Biglari Holdings (NYSE:BHA) Shareholders Will Want The ROCE Trajectory To Continue
Aug 10Biglari Holdings (NYSE:BH.A) Is Experiencing Growth In Returns On Capital
Nov 03Most Shareholders Will Probably Find That The Compensation For Biglari Holdings Inc.'s (NYSE:BH.A) CEO Is Reasonable
May 21There Are Some Reasons To Suggest That Biglari Holdings' (NYSE:BH.A) Earnings A Poor Reflection Of Profitability
May 15We Like These Underlying Return On Capital Trends At Biglari Holdings (NYSE:BH.A)
Apr 28Is Biglari Holdings (NYSE:BH.A) Using Too Much Debt?
Apr 02The Biglari Holdings (NYSE:BH.A) Share Price Has Gained 41% And Shareholders Are Hoping For More
Mar 07What Is The Ownership Structure Like For Biglari Holdings Inc. (NYSE:BH.A)?
Feb 09We Like These Underlying Trends At Biglari Holdings (NYSE:BH.A)
Jan 12Biglari Holdings (NYSE:BH.A) Has A Pretty Healthy Balance Sheet
Dec 08Revenue & Expenses BreakdownBeta
How Biglari Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 365 | 55 | 77 | 0 |
| 30 Sep 23 | 373 | 20 | 77 | 0 |
| 30 Jun 23 | 374 | 109 | 74 | 0 |
| 31 Mar 23 | 373 | 33 | 72 | 0 |
| 31 Dec 22 | 368 | -32 | 71 | 0 |
| 30 Sep 22 | 369 | -47 | 73 | 0 |
| 30 Jun 22 | 359 | -90 | 75 | 0 |
| 31 Mar 22 | 357 | -37 | 77 | 0 |
| 31 Dec 21 | 366 | 35 | 76 | 0 |
| 30 Sep 21 | 367 | 77 | 72 | 0 |
| 30 Jun 21 | 387 | 108 | 75 | 0 |
| 31 Mar 21 | 392 | 172 | 75 | 0 |
| 31 Dec 20 | 434 | -38 | 76 | 0 |
| 30 Sep 20 | 492 | -61 | 65 | 0 |
| 30 Jun 20 | 551 | -82 | 68 | 0 |
| 31 Mar 20 | 623 | -102 | 76 | 0 |
| 31 Dec 19 | 669 | 45 | 100 | 0 |
| 30 Sep 19 | 706 | 74 | 112 | 0 |
| 30 Jun 19 | 749 | 61 | 121 | 0 |
| 31 Mar 19 | 790 | 31 | 128 | 0 |
| 31 Dec 18 | 810 | 19 | 127 | 0 |
| 30 Sep 18 | 824 | 46 | 134 | 0 |
| 30 Jun 18 | 834 | 35 | 135 | 0 |
| 31 Mar 18 | 839 | 64 | 134 | 0 |
| 31 Dec 17 | 840 | 50 | 129 | 0 |
| 30 Sep 17 | 837 | 52 | 126 | 0 |
| 30 Jun 17 | 839 | 16 | 125 | 0 |
| 31 Mar 17 | 845 | 32 | 126 | 0 |
| 31 Dec 16 | 850 | 99 | 127 | 0 |
| 30 Sep 16 | 859 | -7 | 129 | 0 |
| 30 Jun 16 | 861 | 63 | 130 | 0 |
| 31 Mar 16 | 864 | 25 | 133 | 0 |
| 31 Dec 15 | 861 | -16 | 135 | 0 |
| 30 Sep 15 | 871 | 110 | 131 | 0 |
| 30 Jun 15 | 860 | 110 | 137 | 0 |
| 31 Mar 15 | 847 | 138 | 133 | 0 |
| 31 Dec 14 | 828 | 101 | 130 | 0 |
| 24 Sep 14 | 794 | 29 | 128 | 0 |
| 02 Jul 14 | 780 | 47 | 137 | 0 |
| 09 Apr 14 | 771 | 144 | 126 | 0 |
| 18 Dec 13 | 762 | 152 | 125 | 0 |
| 25 Sep 13 | 756 | 140 | 124 | 0 |
| 03 Jul 13 | 751 | 117 | 116 | 0 |
Quality Earnings: BH.A has a large one-off gain of $29.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BH.A became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BH.A's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: BH.A has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BH.A has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (8.1%).
Return on Equity
High ROE: BH.A's Return on Equity (9.3%) is considered low.