Biglari Holdings Inc.
BH · NYSE
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$5,291 | $50,931 | -$33,275 | -$10,273 |
| Dep. & Amort. | $9,545 | $10,272 | $10,257 | $0 |
| Deferred Tax | -$12,671 | $20,410 | -$9,156 | -$5,733 |
| Stock-Based Comp. | $0 | $0 | $0 | $0 |
| Change in WC | $9,275 | -$12,316 | $5,852 | -$5,860 |
| Other Non-Cash | $30,388 | -$27,150 | $42,117 | $39,861 |
| Operating Cash Flow | $31,246 | $42,147 | $15,795 | $17,995 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$8,946 | -$2,704 | -$7,300 | -$7,097 |
| Net Acquisitions | -$14,900 | -$9,827 | -$7,761 | -$45,439 |
| Inv. Purchases | -$16,896 | -$13,035 | -$18,444 | -$11,262 |
| Inv. Sales/Matur. | $26,212 | $18,299 | $13,611 | $7,600 |
| Other Inv. Act. | $5,491 | $0 | $0 | $3,726 |
| Investing Cash Flow | -$9,039 | -$7,267 | -$19,894 | -$52,472 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $217,500 | -$30,780 | $2,002 | $34,615 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | $0 | $0 | $0 | $0 |
| Financing Cash Flow | $217,500 | -$30,780 | $2,002 | $34,615 |
| Forex Effect | $12 | $2 | $40 | $64 |
| Net Chg. in Cash | $239,719 | $4,102 | -$2,057 | $202 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $33,477 | $28,664 | $31,432 | $31,230 |
| End Cash | $273,196 | $32,766 | $29,375 | $31,432 |
| Free Cash Flow | $22,300 | $39,443 | $8,495 | $10,898 |