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Zacks Company Profile for Biglari Holdings Inc. (BH : NYSE)

• Company Description    Biglari Holdings Inc., formerly known as The Steak n Shake Company, is engaged primarily in the ownership, operation, and franchising of restaurants in the United States. Steak n Shake Operations, Inc. (Steak n Shake) is a wholly-owned subsidiary of the Company. Steak n Shake is an American brand serving burgers and milk shakes. It offers its patrons full-service dining with counter and dining room seating, as well as drive-thru and carry-out service. Biglari Holdings is based in San Antonio, Texas. Number of Employees: 2,535

• Price / Volume Information    Yesterday's Closing Price: $332.43 Daily Weekly Monthly 20 Day Moving Average: 55,242 shares Shares Outstanding: 2.28 (millions) Market Capitalization: $756.45 (millions) Beta: 0.81 52 Week High: $381.83 52 Week Low: $195.05 Short Interest Ratio:   % Price Change % Price Change Relative to S&P 500 4 Week 7.42% 7.61% 12 Week -3.21% -4.77% Year To Date 0.00% 0.00%

• Address & Contact Information Street Address Phone / Fax Email Address Web URL 19100 RIDGEWOOD PKWY SUITE 1200 - SAN ANTONIO,TX 78259 USA ph: 210-344-3400 fax: SAN ANTONIO None http://www.biglariholdings.com

• General Corporate Information    Officers Sardar Biglari - Chairman of the Board and Chief Executive Officer Philip Cooley - Director - Vice Chairman Bruce Lewis - Controller Kenneth R. Cooper - Director Ruth J. Person - Director Peer Information Biglari Holdings Inc. (BH) Biglari Holdings Inc. (BUCA) Biglari Holdings Inc. (BUNZQ) Biglari Holdings Inc. (FRRG) Biglari Holdings Inc. (CHEF.) Biglari Holdings Inc. (BGMTQ) Industry / Sector / Ticker Info Analyst Coverage: No Industry Group: RETAIL-RESTRNTS Sector: Retail/Wholesale CUSIP: 08986R309 SIC: 5812 Fiscal Year Fiscal Year End: December Last Reported Quarter: 09/01/25 Next Expected EPS Date: 03/06/26 Share - Related Items Shares Outstanding: 2.28 Most Recent Split Date: 12.00 (0.05:1) Beta: 0.81 Market Capitalization: $756.45 (millions)

• EPS Information     • Dividend Information Analyst Coverage: No Dividend Yield: 0.00% Current Fiscal Quarter EPS Consensus Estimate: $ Indicated Annual Dividend: $0.00 Current Fiscal Year EPS Consensus Estimate: $ Payout Ratio: 0.00 Number of Estimates in the Fiscal Year Consensus: Change In Payout Ratio: 0.00 Estmated Long-Term EPS Growth Rate: % Last Dividend Paid: NA - $0.00 Next EPS Report Date: 03/06/26

• Fundamental Ratios P/E Current FY Estimate: - Trailing 12 Months: 17.14 PEG Ratio: - Price Ratios Price/Book: 1.30 Price/Cash Flow: 9.38 Price / Sales: 1.96 EPS Growth vs. Year Ago Period: -79.56% vs. Previous Quarter: 155.83% Sales Growth vs. Year Ago Period: 10.32% vs. Previous Quarter: -0.88% ROE 12/31/25 - - 09/30/25 - 0.77 06/30/25 - 5.28 ROA 12/31/25 - - 09/30/25 - 0.48 06/30/25 - 3.55 Current Ratio 12/31/25 - - 09/30/25 - 2.83 06/30/25 - 1.38 Quick Ratio 12/31/25 - - 09/30/25 - 2.80 06/30/25 - 1.35 Operating Margin 12/31/25 - - 09/30/25 - 1.13 06/30/25 - 8.06 Net Margin 12/31/25 - - 09/30/25 - 0.54 06/30/25 - 10.48 Pre-Tax Margin 12/31/25 - - 09/30/25 - -0.41 06/30/25 - 13.07 Book Value 12/31/25 - - 09/30/25 - 255.01 06/30/25 - 258.97 Inventory Turnover 12/31/25 - - 09/30/25 - 57.59 06/30/25 - 56.59 Debt-to-Equity 12/31/25 - - 09/30/25 - 0.54 06/30/25 - 0.16 Debt-to-Capital 12/31/25 - - 09/30/25 - 34.96 06/30/25 - 13.43

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