The historical rank and industry rank for Biglari Holdings's Net Margin % or its related term are showing as below:
BH'
s Net Margin % Range Over the Past 10 Years
Min: -9.48 Med: 4.18 Max: 15.04
Current: -4.71
BH's Net Margin % is ranked worse than 78.12% of 361
companies
in the Restaurants industry
Industry Median: 2.22
vs BH: -4.71
Biglari Holdings (NYSE:BH) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Biglari Holdings Net Margin % Related Terms
Biglari Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for Biglari Holdings's Net Margin % 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.
For the Restaurants subindustry, Biglari Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Biglari Holdings Net Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Biglari Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where Biglari Holdings's Net Margin % falls into.
* 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.
Biglari Holdings (BH) has a Net Margin % of -14.91% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Biglari Holdings and its competitors. According to the industry distribution chart, Biglari Holdings ranks #282 out of 361 companies in the Restaurants industry, placing it in the top 78.1%.
Is Biglari Holdings' Net Margin % too high?
Biglari Holdings' current Net Margin % is -14.91%. Based on the distribution chart, Biglari Holdings ranks #282 out of 361 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Biglari Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Biglari Holdings' Net Margin % compare to BJRI and PZZA?
According to the Restaurants industry distribution chart, Biglari Holdings ranks #282 out of 361 companies for Net Margin %. This places Biglari Holdings in the lower half of its industry. The industry median Net Margin % is 2.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.22, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Biglari Holdings and its competitors. For the Restaurants industry, the median Net Margin % is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biglari Holdings's current Net Margin % is -14.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biglari Holdings stock overvalued right now?
Based on GuruFocus' analysis, Biglari Holdings (BH) is currently considered Significantly Overvalued. The stock's GF Value™ is $241.25, compared to a current price of $420.92 — trading 74.5% above its estimated fair value. The current Net Margin % is -14.91%. Biglari Holdings' overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Biglari Holdings (BH), the current Net Margin % is -14.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Biglari Holdings (BH) Overvalued in 2026?
Based on GuruFocus' analysis, Biglari Holdings stock appears to be overvalued.
The current stock price of $420.92 is trading 74.5% above its estimated GF Value™ of $241.25.
GuruFocus considers Biglari Holdings to be Significantly Overvalued.
Key valuation signals for BH:
Net Margin %: -14.91%
GF Value™: $241.25 vs. price of $420.92 (74.5% above fair value)
No single metric tells the full story. See the BH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, and Oil and Gas Operations. Its 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 Restaurant Operations Segment.
56GF Score
Get the complete analysis for BH
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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