Biglari Holdings Inc (BH) — Cash Flow Reinvestment Rate
Biglari Holdings Inc (BH) 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. See Biglari Holdings Inc (BH) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see BH operating cash flow.
Annual Cash Flow Reinvestment Rate for Biglari Holdings Inc (1991–2025)
Year-by-year capital reinvestment analysis for Biglari Holdings Inc. See BH FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| 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 | ▲ +93.8% |
| 2023 | 1.23x | $89.48 Million | $73.00 Million | $23.41 Million | ▼ -5.8% |
| 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 | ▼ -52.7% |
| 2014 | 4.57x | $125.98 Million | $27.57 Million | $35.81 Million | ▲ +1151.0% |
| 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 | — |