BH (Biglari Holdings) ROCE % : -22.30% (As of Mar. 2025)

View and export this data going back to 1984. Start your Free Trial

What is Biglari Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Biglari Holdings's annualized ROCE % for the quarter that ended in Mar. 2025 was -22.30%.

Biglari Holdings ROCE % Historical Data

The historical data trend for Biglari Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Biglari Holdings ROCE % Chart

Biglari Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-4.01

6.68

-5.14

9.87

-0.28

Biglari Holdings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															16.32	-33.48	24.69	-8.78	-22.30

Biglari Holdings ROCE % Calculation

Biglari Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-2.022	/	( ( (849.422 - 111.1)	+	(866.133 - 147.316) )	/ 2 )
	=	-2.022	/	( (738.322	+	718.817)	/ 2 )
	=	-2.022	/	728.5695
	=	-0.28 %

Biglari Holdings's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	-155.8	/	( ( (866.133 - 147.316)	+	(829.06 - 150.314) )	/ 2 )
	=	-155.8	/	( ( 718.817	+	678.746 )	/ 2 )
	=	-155.8	/	698.7815
	=	-22.30 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Biglari Holdings (NYSE:BH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Biglari Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Biglari Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Biglari Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Biglari Holdings Inc (NYSE:BH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BH.A:USA

Address

19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259

Website

http://www.biglariholdings.com

Biglari Holdings Inc is a holding company that owns subsidiaries in a range of businesses. The company's reportable segments include Restaurant Operations, Insurance Operations, Oil and Gas Operations. Company's restaurant operations include Steak n Shake and Western Sizzlin. Its insurance operations include First Guard, Southern Pioneer, and Biglari Reinsurance. Oil and gas operations include Southern Oil and Abraxas Petroleum. The Company also reports segment information for Maxim. The majority of revenue is derived from the Maxim Segment.

Executives

Sardar Biglari,	director, 10 percent owner, officer: Chairman and CEO	C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
John Garrett Cardwell	director	17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Campbell Edmund B Iii	director	C/O BIGLARI HOLDINGS INC., 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Lion Fund Ii, L.p.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund, L.p.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259