BH.A Scorecard | BIGLARI HOLDINGS INC.

BIGLARI HOLDINGS INC. (BH.A) Scorecard

2026-Q2: Total return Win; Revenue growth Lose; EPS growth Lose.
2026-Q1: Total return Win; Revenue growth Lose; EPS growth Lose.
2025-Q4: Total return Win; Revenue growth Win; EPS growth Lose.
2025-Q3: Total return Win; Revenue growth Win; EPS growth Lose.

40 QUARTERS × 3 ROAST BATTLES

21/120 All 120 Win/Lose results shown below

Every strict quarterly win earns 1 point. A loss, tie, or unavailable scoring value earns 0.

Trailing 1 year (4 quarters): 6 wins, 6 lossesLast fetched: 4 Sept 2026

Complete point ledger

Each cell identifies the missing side explicitly.

Quarter	Total return	Revenue growth	EPS growth
2026-Q21/3	WinBH.A / S&P 20.77% / 15.20%	LoseBH.A / S&P 7.54% / 15.00%	LoseBH.A / S&P BH.A unavailable / 50.40%
2026-Q11/3	WinBH.A / S&P 0.15% / -4.33%	LoseBH.A / S&P 8.16% / 11.30%	LoseBH.A / S&P BH.A unavailable / 27.70%
2025-Q42/3	WinBH.A / S&P 12.62% / 2.65%	WinBH.A / S&P 9.15% / 9.00%	LoseBH.A / S&P BH.A unavailable / 13.40%
2025-Q32/3	WinBH.A / S&P 10.33% / 8.12%	WinBH.A / S&P 6.87% / 4.61%	LoseBH.A / S&P BH.A unavailable / 13.45%
2025-Q21/3	WinBH.A / S&P 27.31% / 10.94%	LoseBH.A / S&P 4.14% / 4.83%	LoseBH.A / S&P BH.A unavailable / 10.63%
2025-Q10/3	LoseBH.A / S&P -13.73% / -4.27%	LoseBH.A / S&P 0.85% / 4.98%	LoseBH.A / S&P BH.A unavailable / 10.57%
2024-Q41/3	WinBH.A / S&P 53.18% / 2.41%	LoseBH.A / S&P -0.88% / 5.25%	LoseBH.A / S&P BH.A unavailable / 6.15%
2024-Q30/3	LoseBH.A / S&P -8.78% / 5.89%	LoseBH.A / S&P -3.07% / 5.89%	LoseBH.A / S&P BH.A unavailable / 6.11%
2024-Q20/3	LoseBH.A / S&P -5.78% / 4.28%	LoseBH.A / S&P -3.21% / 5.38%	LoseBH.A / S&P BH.A unavailable / 5.12%
2024-Q11/3	WinBH.A / S&P 21.99% / 10.56%	LoseBH.A / S&P -2.26% / 5.71%	LoseBH.A / S&P BH.A unavailable / 5.59%
2023-Q40/3	LoseBH.A / S&P -5.20% / 11.69%	LoseBH.A / S&P -0.79% / 6.81%	LoseBH.A / S&P BH.A unavailable / 7.78%
2023-Q30/3	LoseBH.A / S&P -11.84% / -3.27%	LoseBH.A / S&P 1.19% / 7.52%	LoseBH.A / S&P BH.A unavailable / -5.03%
2023-Q21/3	WinBH.A / S&P 14.12% / 8.74%	LoseBH.A / S&P 4.30% / 9.50%	LoseBH.A / S&P BH.A unavailable / -8.57%
2023-Q11/3	WinBH.A / S&P 21.09% / 7.50%	LoseBH.A / S&P 4.44% / 10.77%	LoseBH.A / S&P BH.A unavailable / -15.69%
2022-Q41/3	WinBH.A / S&P 11.42% / 7.56%	LoseBH.A / S&P 0.58% / 11.88%	LoseBH.A / S&P BH.A unavailable / -17.99%
2022-Q31/3	WinBH.A / S&P 4.97% / -4.88%	LoseBH.A / S&P -13.90% / 13.47%	LoseBH.A / S&P BH.A unavailable / -1.41%
2022-Q20/3	LoseBH.A / S&P -19.48% / -16.10%	LoseBH.A / S&P -15.75% / 13.71%	LoseBH.A / S&P BH.A unavailable / 11.04%
2022-Q11/3	WinBH.A / S&P 5.04% / -4.60%	LoseBH.A / S&P -13.69% / 15.97%	LoseBH.A / S&P BH.A unavailable / 42.23%
2021-Q40/3	LoseBH.A / S&P -15.24% / 11.03%	LoseBH.A / S&P -15.58% / 15.00%	LoseBH.A / S&P BH.A unavailable / 96.40%
2021-Q31/3	WinBH.A / S&P 5.26% / 0.58%	LoseBH.A / S&P -0.64% / 10.77%	LoseBH.A / S&P BH.A unavailable / 69.42%
2021-Q21/3	WinBH.A / S&P 15.32% / 8.55%	LoseBH.A / S&P -16.75% / 6.58%	LoseBH.A / S&P BH.A unavailable / 51.81%
2021-Q11/3	WinBH.A / S&P 15.47% / 6.17%	LoseBH.A / S&P -31.16% / -1.06%	LoseBH.A / S&P BH.A unavailable / 7.39%
2020-Q41/3	WinBH.A / S&P 19.93% / 12.15%	LoseBH.A / S&P -35.16% / -3.72%	LoseBH.A / S&P BH.A unavailable / -33.42%
2020-Q31/3	WinBH.A / S&P 45.61% / 8.93%	LoseBH.A / S&P -35.82% / -2.04%	LoseBH.A / S&P BH.A unavailable / -27.10%
2020-Q20/3	LoseBH.A / S&P 12.79% / 20.54%	LoseBH.A / S&P -28.45% / -0.46%	LoseBH.A / S&P BH.A unavailable / -27.11%
2020-Q10/3	LoseBH.A / S&P -50.50% / -19.60%	LoseBH.A / S&P -20.42% / 3.47%	LoseBH.A / S&P BH.A unavailable / -14.75%
2019-Q40/3	LoseBH.A / S&P 6.92% / 9.07%	LoseBH.A / S&P -13.78% / 5.36%	LoseBH.A / S&P BH.A unavailable / 2.99%
2019-Q31/3	WinBH.A / S&P 5.78% / 1.70%	LoseBH.A / S&P BH.A unavailable / 5.02%	LoseBH.A / S&P BH.A unavailable / 0.21%
2019-Q20/3	LoseBH.A / S&P -27.86% / 4.30%	LoseBH.A / S&P BH.A unavailable / 6.64%	LoseBH.A / S&P BH.A unavailable / 8.65%
2019-Q11/3	WinBH.A / S&P 25.14% / 13.65%	LoseBH.A / S&P BH.A unavailable / 8.12%	LoseBH.A / S&P BH.A unavailable / 14.29%
2018-Q40/3	LoseBH.A / S&P -36.26% / -13.52%	LoseBH.A / S&P BH.A unavailable / 9.05%	LoseBH.A / S&P BH.A unavailable / 18.23%
2018-Q30/3	LoseBH.A / S&P -2.95% / 7.71%	LoseBH.A / S&P BH.A unavailable / 10.21%	LoseBH.A / S&P BH.A unavailable / 19.06%
2018-Q20/3	LoseBH.A / S&P BH.A unavailable / 3.43%	LoseBH.A / S&P BH.A unavailable / 9.03%	LoseBH.A / S&P BH.A unavailable / 14.46%
2018-Q10/3	LoseBH.A / S&P BH.A unavailable / -0.76%	LoseBH.A / S&P BH.A unavailable / 7.68%	LoseBH.A / S&P BH.A unavailable / 12.46%
2017-Q40/3	LoseBH.A / S&P BH.A unavailable / 6.64%	LoseBH.A / S&P BH.A unavailable / 7.03%	LoseBH.A / S&P BH.A unavailable / 13.82%
2017-Q30/3	LoseBH.A / S&P BH.A unavailable / 4.48%	LoseBH.A / S&P BH.A unavailable / 5.68%	LoseBH.A / S&P BH.A unavailable / 17.57%
2017-Q20/3	LoseBH.A / S&P BH.A unavailable / 3.09%	LoseBH.A / S&P BH.A unavailable / 4.83%	LoseBH.A / S&P BH.A unavailable / 17.74%
2017-Q10/3	LoseBH.A / S&P BH.A unavailable / 6.07%	LoseBH.A / S&P BH.A unavailable / 3.67%	LoseBH.A / S&P BH.A unavailable / 13.32%
2016-Q40/3	LoseBH.A / S&P BH.A unavailable / 3.82%	LoseBH.A / S&P BH.A unavailable / 2.09%	LoseBH.A / S&P BH.A unavailable / 7.05%
2016-Q30/3	LoseBH.A / S&P BH.A unavailable / 3.85%	LoseBH.A / S&P BH.A unavailable / 0.20%	LoseBH.A / S&P BH.A unavailable / -3.15%

Dividend-reinvested, split-adjusted total return

1Y · 2025-08-29 to 2026-08-28

Metric	BH.A total return	S&P 500 Total Return Index
Total return	22.03%	20.78%
Annualized return	22.03%	20.78%

5Y · 2021-09-01 to 2026-08-28

Metric	BH.A total return	S&P 500 Total Return Index
Total return	113.85%	83.14%
Annualized return	16.42%	12.86%

10Y · 2018-05-02 to 2026-08-28

Metric	BH.A total return	S&P 500 Total Return Index
Total return	70.14%	319.30%
Annualized return	5.46%	15.41%

Calculation rules

window: Latest 40 completed benchmark quarters; unavailable issuer evidence remains visible and scores 0.
return Basis: Issuer adjusted close reinvests distributions and normalizes splits; the S&P 500 Total Return Index is the direct benchmark.
point Rule: Strict same-quarter win = 1. Loss, tie or unavailable evidence = 0. No partial or subjective points.
frequency: Quarter endpoints only.
fundamentals: Trailing-four-quarter issuer revenue and EPS growth use the issuer's normalized government-filed facts.
non Scoring

Snapshot captured 2026-09-04.