Biglari Holdings Inc Tangible Net Worth Ratio
Biglari Holdings Inc tangible net worth ratio. Biglari Holdings Inc (BH) has a Tangible Net Worth Ratio of 95.5% as of March 2026. This metric is calculated by deducting intangible assets ($23.52 Million) from net assets ($519.16 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Biglari Holdings Inc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Biglari Holdings Inc (1986–2025)
Tangible net worth ratio of Biglari Holdings Inc from 1986 to 2025. This chart shows how Biglari Holdings Inc's Tangible Net Worth Ratio has changed across 39 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 95.5%, reflecting net assets of $519.16 Million with intangible assets of $23.52 Million USD. Check BH capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Biglari Holdings Inc Tangible Net Worth Ratio by Year (1986–2025)
Biglari Holdings Inc tangible net worth ratio by year from 1986 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Biglari Holdings Inc from 1986 to 2025, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Biglari Holdings Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.5% | $523.43 Million | $23.67 Million | $1.05 Billion | ▼ -0.5 pp |
| 2024 | 96.0% | $572.96 Million | $22.82 Million | $866.13 Million | ▼ -0.1 pp |
| 2023 | 96.1% | $599.33 Million | $23.23 Million | $849.42 Million | ▲ +0.3 pp |
| 2022 | 95.9% | $555.57 Million | $23.04 Million | $828.47 Million | ▼ -0.2 pp |
| 2021 | 96.0% | $587.70 Million | $23.46 Million | $894.81 Million | ▲ +0.3 pp |
| 2020 | 95.7% | $564.83 Million | $24.07 Million | $1.02 Billion | ▲ +0.2 pp |
| 2019 | 95.6% | $616.30 Million | $27.35 Million | $1.14 Billion | ▲ +0.5 pp |
| 2018 | 95.1% | $570.46 Million | $28.11 Million | $1.03 Billion | ▼ -0.3 pp |
| 2017 | 95.4% | $571.33 Million | $26.56 Million | $1.06 Billion | ▲ +0.2 pp |
| 2016 | 95.1% | $531.94 Million | $26.05 Million | $1.10 Billion | ▼ -0.1 pp |
| 2015 | 95.2% | $451.37 Million | $21.67 Million | $1.00 Billion | ▼ -1.2 pp |
| 2014 | 96.4% | $638.72 Million | $22.91 Million | $1.17 Billion | ▼ -2.2 pp |
| 2013 | 98.6% | $564.59 Million | $7.72 Million | $988.54 Million | ▲ +0.2 pp |
| 2012 | 98.4% | $401.21 Million | $6.25 Million | $773.79 Million | ▲ +0.6 pp |
| 2011 | 97.9% | $324.93 Million | $6.95 Million | $672.86 Million | ▲ +0.4 pp |
| 2010 | 97.4% | $311.24 Million | $7.96 Million | $563.84 Million | ▼ -2.0 pp |
| 2009 | 99.5% | $292.05 Million | $1.57 Million | $514.50 Million | ▲ +2.8 pp |
| 2008 | 96.7% | $283.58 Million | $9.45 Million | $520.14 Million | ▼ -2.7 pp |
| 2007 | 99.4% | $303.07 Million | $1.91 Million | $562.76 Million | ▲ +0.1 pp |
| 2006 | 99.3% | $287.04 Million | $2.15 Million | $542.52 Million | ▲ +3.1 pp |
| 2005 | 96.2% | $258.51 Million | $9.84 Million | $491.34 Million | ▼ -3.3 pp |
| 2004 | 99.5% | $225.49 Million | $1.20 Million | $445.12 Million | ▲ +0.1 pp |
| 2003 | 99.3% | $193.89 Million | $1.29 Million | $415.66 Million | ▲ +0.2 pp |
| 2002 | 99.1% | $167.05 Million | $1.43 Million | $395.89 Million | ▼ -0.9 pp |
| 2001 | 100.0% | $165.80 Million | $0.00 | $245.07 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $152.11 Million | $0.00 | $240.77 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $135.50 Million | $0.00 | $210.50 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $120.40 Million | $0.00 | $191.90 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $93.00 Million | $0.00 | $167.30 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $57.80 Million | $0.00 | $131.40 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $42.60 Million | $0.00 | $99.80 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $19.70 Million | $0.00 | $80.30 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $11.10 Million | $0.00 | $70.60 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $1.80 Million | $0.00 | $67.10 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $22.50 Million | $0.00 | $55.80 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $18.00 Million | $0.00 | $50.00 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $13.80 Million | $0.00 | $46.80 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $12.90 Million | $0.00 | $49.30 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $10.80 Million | $0.00 | $47.90 Million | — |