Biglari Holdings Inc (BH) — Free Cash Flow Generation Index

Latest as of March 2026: 0.66x

Biglari Holdings Inc (BH) has a Free Cash Flow Generation Index of 0.66x as of March 2026. Free cash flow of $13.37 Million represents 1% of operating cash flow ($20.33 Million). Read Biglari Holdings Inc (BH) total liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.66x
Free Cash Flow / Operating CF

Free Cash Flow

$13.37 Million
USD

Operating Cash Flow

$20.33 Million
USD

Capital Expenditures

$6.97 Million
USD

Biglari Holdings Inc Free Cash Flow Generation Index (1991–2025)

Historical FCF Generation Index trend for Biglari Holdings Inc across 35 annual periods. Explore BH capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Biglari Holdings Inc (1991–2025)

Year-by-year Free Cash Flow Generation Index for Biglari Holdings Inc. For the full company profile including market capitalisation, see BH market cap.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.72x $76.61 Million $106.96 Million $30.35 Million ▲ +86.5%
2024 0.38x $19.07 Million $49.66 Million $30.59 Million ▼ -43.5%
2023 0.68x $49.60 Million $73.00 Million $23.41 Million ▼ -11.5%
2022 0.77x $98.08 Million $127.83 Million $29.75 Million ▲ +6.9%
2021 0.72x $164.22 Million $228.77 Million $64.55 Million ▼ -12.9%
2020 0.82x $96.85 Million $117.56 Million $20.70 Million ▲ +1.6%
2019 0.81x $76.00 Million $93.68 Million $17.68 Million ▲ +482.1%
2018 0.14x $2.88 Million $20.68 Million $17.80 Million ▼ -79.8%
2017 0.69x $17.75 Million $25.78 Million $8.03 Million ▼ -15.0%
2016 0.81x $51.32 Million $63.35 Million $12.03 Million ▲ +2.7%
2015 0.79x $41.41 Million $52.50 Million $11.08 Million ▲ +364.1%
2014 -0.30x $-8.24 Million $27.57 Million $35.81 Million ▼ -147.1%
2013 0.63x $24.62 Million $38.79 Million $14.17 Million ▼ -23.2%
2012 0.83x $41.29 Million $49.97 Million $8.68 Million ▲ +1.0%
2011 0.82x $58.56 Million $71.58 Million $13.02 Million ▼ -6.4%
2010 0.87x $59.97 Million $68.62 Million $8.65 Million ▼ -1.8%
2009 0.89x $46.56 Million $52.31 Million $5.75 Million ▲ +410.1%
2008 -0.29x $-7.01 Million $24.43 Million $31.44 Million ▲ +50.5%
2007 -0.58x $-25.21 Million $43.43 Million $68.64 Million ▼ -93.6%
2006 -0.30x $-20.86 Million $69.58 Million $90.44 Million ▼ -3033.2%
2005 0.01x $657.00K $64.28 Million $63.62 Million ▼ -56.4%
2004 0.02x $1.11 Million $47.39 Million $46.28 Million ▼ -94.0%
2003 0.39x $20.00 Million $50.70 Million $30.71 Million ▲ +58.8%
2002 0.25x $13.66 Million $55.01 Million $41.35 Million ▲ +239.8%
2001 0.07x $2.93 Million $40.13 Million $37.20 Million ▲ +108.2%
2000 -0.89x $-34.60 Million $38.86 Million $73.46 Million ▲ +11.5%
1999 -1.01x $-33.60 Million $33.40 Million $67.00 Million ▼ -151.2%
1998 -0.40x $-14.70 Million $36.70 Million $51.40 Million ▲ +45.0%
1997 -0.73x $-22.00 Million $30.20 Million $52.20 Million ▼ -20.6%
1996 -0.60x $-17.40 Million $28.80 Million $46.20 Million ▲ +42.1%
1995 -1.04x $-21.90 Million $21.00 Million $42.90 Million ▼ -563.0%
1994 -0.16x $-2.80 Million $17.80 Million $20.60 Million ▲ +76.9%
1993 -0.68x $-6.00 Million $8.80 Million $14.80 Million ▼ -333.8%
1992 0.29x $2.80 Million $9.60 Million $6.80 Million ▼ -23.0%
1991 0.38x $3.90 Million $10.30 Million $6.40 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).