Biglari Holdings annual capital expenditures (capex)
2018
2019
2020
2021
2022
2023
2024
2025
Biglari Holdings Capital Expenditures (CapEx) Growth & History (BH-A)
Biglari Holdings's capital expenditures (capex) was $30.4M for fiscal 2025.
View full Biglari Holdings company overviewBiglari Holdings annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $30.4M | −$241,000 | −0.79% |
| 2024 | 2024-12-31 | $30.6M | $7.2M | +30.72% |
| 2023 | 2023-12-31 | $23.4M | −$6.3M | −21.32% |
| 2022 | 2022-12-31 | $29.7M | −$34.8M | −53.92% |
| 2021 | 2021-12-31 | $64.5M | $43.8M | +211.80% |
| 2020 | 2020-12-31 | $20.7M | $3.0M | +17.10% |
| 2019 | 2019-12-31 | $17.7M | $2.4M | +15.60% |
| 2018 | 2018-12-31 | $15.3M | — | — |
Biglari Holdings quarterly capital expenditures (capex)
Q1.17
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
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Q4.22
Q1.23
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Q3.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.7M | $4.0M | +146.49% |
| Q1 2026 | 2026-03-31 | $7.0M | −$333,000 | −4.56% |
| Q4 2025 | 2025-12-31 | $11.4M | $4.3M | +60.67% |
| Q3 2025 | 2025-09-30 | $8.9M | $1.9M | +26.57% |
| Q2 2025 | 2025-06-30 | $2.7M | −$9.1M | −77.15% |
| Q1 2025 | 2025-03-31 | $7.3M | $2.7M | +58.83% |
| Q4 2024 | 2024-12-31 | $7.1M | $602,000 | +9.27% |
| Q3 2024 | 2024-09-30 | $7.1M | $715,000 | +11.25% |
| Q2 2024 | 2024-06-30 | $11.8M | $7.2M | +155.68% |
| Q1 2024 | 2024-03-31 | $4.6M | −$1.3M | −22.48% |
| Q4 2023 | 2023-12-31 | $6.5M | $186,000 | +2.95% |
| Q3 2023 | 2023-09-30 | $6.4M | −$671,000 | −9.55% |
| Q2 2023 | 2023-06-30 | $4.6M | −$2.5M | −35.00% |
| Q1 2023 | 2023-03-31 | $5.9M | −$3.4M | −36.20% |
| Q4 2022 | 2022-12-31 | $6.3M | −$11.8M | −65.07% |
| Q3 2022 | 2022-09-30 | $7.0M | −$12.6M | −64.25% |
| Q2 2022 | 2022-06-30 | $7.1M | −$12.3M | −63.28% |
| Q1 2022 | 2022-03-31 | $9.3M | $1.8M | +24.79% |
| Q4 2021 | 2021-12-31 | $18.1M | $10.7M | +143.93% |
| Q3 2021 | 2021-09-30 | $19.6M | $16.4M | +503.25% |
| Q2 2021 | 2021-06-30 | $19.4M | $15.8M | +443.62% |
| Q1 2021 | 2021-03-31 | $7.4M | $974,000 | +15.05% |
| Q4 2020 | 2020-12-31 | $7.4M | −$1.9M | −20.56% |
| Q3 2020 | 2020-09-30 | $3.3M | $1.1M | +53.70% |
| Q2 2020 | 2020-06-30 | $3.6M | $893,000 | +33.40% |
| Q1 2020 | 2020-03-31 | $6.5M | $2.9M | +81.62% |
| Q4 2019 | 2019-12-31 | $9.3M | $4.4M | +90.52% |
| Q3 2019 | 2019-09-30 | $2.1M | −$1.1M | −33.41% |
| Q2 2019 | 2019-06-30 | $2.7M | −$2.1M | −43.89% |
| Q1 2019 | 2019-03-31 | $3.6M | $1.1M | +45.35% |
| Q4 2018 | 2018-12-31 | $4.9M | — | — |
| Q3 2018 | 2018-09-30 | $3.2M | $1.7M | +117.20% |
| Q2 2018 | 2018-06-30 | $4.8M | $2.0M | +70.89% |
| Q1 2018 | 2018-03-31 | $2.5M | $462,000 | +23.22% |
| Q3 2017 | 2017-09-30 | $1.5M | — | — |
| Q2 2017 | 2017-06-30 | $2.8M | — | — |
| Q1 2017 | 2017-03-31 | $2.0M | — | — |
Biglari Holdings capital expenditures (capex) trends
Over the last five fiscal years, Biglari Holdings's capital expenditures (capex) increased from $20.7M to $30.4M, a change of $9.7M. The latest reported quarter, Q2 2026, shows $6.7M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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