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. Explore BH-A capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Biglari Holdings Inc balance sheet assets for the complete picture of this company's asset base.
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 BH-A market cap.
| 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 | — |