Biglari Holdings Inc (BH-A) — Cash Flow Reinvestment Rate
Biglari Holdings Inc (BH-A) has a Cash Flow Reinvestment Rate of 0.34x as of March 2026, reinvesting $6.97 Million (capex $6.97 Million ) from operating cash flow of $20.33 Million. Check BH-A operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Biglari Holdings Inc Cash Flow Reinvestment Rate (1991–2025)
Historical reinvestment intensity for Biglari Holdings Inc across 35 annual periods. Explore BH-A long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Biglari Holdings Inc (1991–2025)
Year-by-year capital reinvestment analysis for Biglari Holdings Inc. For live market cap and broader valuation context, see Biglari Holdings Inc stock valuation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.59x | $63.37 Million | $106.96 Million | $30.35 Million | ▼ -75.1% |
| 2024 | 2.38x | $117.98 Million | $49.66 Million | $30.59 Million | ▲ +52.4% |
| 2023 | 1.56x | $113.77 Million | $73.00 Million | $23.41 Million | ▲ +19.8% |
| 2022 | 1.30x | $166.35 Million | $127.83 Million | $29.75 Million | ▲ +333.8% |
| 2021 | 0.30x | $68.63 Million | $228.77 Million | $64.55 Million | ▲ +27.8% |
| 2020 | 0.23x | $27.59 Million | $117.56 Million | $20.70 Million | ▼ -74.9% |
| 2019 | 0.94x | $87.66 Million | $93.68 Million | $17.68 Million | ▼ -55.1% |
| 2018 | 2.08x | $43.09 Million | $20.68 Million | $17.80 Million | ▲ +174.3% |
| 2017 | 0.76x | $19.58 Million | $25.78 Million | $8.03 Million | ▲ +17.9% |
| 2016 | 0.64x | $40.83 Million | $63.35 Million | $12.03 Million | ▼ -70.2% |
| 2015 | 2.16x | $113.44 Million | $52.50 Million | $11.08 Million | ▼ -58.9% |
| 2014 | 5.25x | $144.89 Million | $27.57 Million | $35.81 Million | ▲ +1338.8% |
| 2013 | 0.37x | $14.17 Million | $38.79 Million | $14.17 Million | ▲ +110.3% |
| 2012 | 0.17x | $8.68 Million | $49.97 Million | $8.68 Million | ▼ -4.5% |
| 2011 | 0.18x | $13.02 Million | $71.58 Million | $13.02 Million | ▲ +44.3% |
| 2010 | 0.13x | $8.65 Million | $68.62 Million | $8.65 Million | ▲ +14.7% |
| 2009 | 0.11x | $5.75 Million | $52.31 Million | $5.75 Million | ▼ -91.5% |
| 2008 | 1.29x | $31.44 Million | $24.43 Million | $31.44 Million | ▼ -18.6% |
| 2007 | 1.58x | $68.64 Million | $43.43 Million | $68.64 Million | ▲ +21.6% |
| 2006 | 1.30x | $90.44 Million | $69.58 Million | $90.44 Million | ▲ +31.3% |
| 2005 | 0.99x | $63.62 Million | $64.28 Million | $63.62 Million | ▲ +1.4% |
| 2004 | 0.98x | $46.28 Million | $47.39 Million | $46.28 Million | ▲ +61.2% |
| 2003 | 0.61x | $30.71 Million | $50.70 Million | $30.71 Million | ▼ -19.4% |
| 2002 | 0.75x | $41.35 Million | $55.01 Million | $41.35 Million | ▼ -18.9% |
| 2001 | 0.93x | $37.20 Million | $40.13 Million | $37.20 Million | ▼ -51.0% |
| 2000 | 1.89x | $73.46 Million | $38.86 Million | $73.46 Million | ▼ -5.8% |
| 1999 | 2.01x | $67.00 Million | $33.40 Million | $67.00 Million | ▲ +43.2% |
| 1998 | 1.40x | $51.40 Million | $36.70 Million | $51.40 Million | ▼ -19.0% |
| 1997 | 1.73x | $52.20 Million | $30.20 Million | $52.20 Million | ▲ +7.7% |
| 1996 | 1.60x | $46.20 Million | $28.80 Million | $46.20 Million | ▼ -21.5% |
| 1995 | 2.04x | $42.90 Million | $21.00 Million | $42.90 Million | ▲ +76.5% |
| 1994 | 1.16x | $20.60 Million | $17.80 Million | $20.60 Million | ▼ -31.2% |
| 1993 | 1.68x | $14.80 Million | $8.80 Million | $14.80 Million | ▲ +137.4% |
| 1992 | 0.71x | $6.80 Million | $9.60 Million | $6.80 Million | ▲ +14.0% |
| 1991 | 0.62x | $6.40 Million | $10.30 Million | $6.40 Million | — |