Biglari price to free cash flow BH-A

Market value divided by free cash flow over the last twelve months, since 2021.

Today, Oct 23, 2026: 88.3×
6-year median: 44.0×
Against its 6-year history: 85th; percentile: 0 is its lowest day, 100 its highest
6-year range: 7.8× to 273×
Peer median: 26.1×

Biglari's price to free cash flow is 88.3× as of Oct 23, 2026.

That is above its 6-year median of 44.0×, higher than on 85% of days in the last 6 years.

Over that time it ranged from 7.8× in Feb 2022 to 273× in Jul 2025.

The median for 10 restaurant stocks of a similar size is 26.1×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	88.3×	39.4×	97.3×
2025	51.6×	39.8×	273×
2024	111×	31.9×	114×
2023	33.8×	15.7×	37.8×
2022	20.6×	7.8×	89.6×
2021	9.4×	8.2×	18.2×

Against its peers

Companies in Restaurants nearest Biglari's size, closest first, today.

Company	Price to free cash flow
BH-ABiglari	88.3×
CAKECheesecake Factory	26.1×
WINGWingstop	25.3×
CAVACava	127×
SHAKShake Shack	n/m
BROSDutch Bros	76.3×
EATBrinker International	13.7×
TXRHTexas Roadhouse	26.8×
CBRLCracker Barrel Old Country Store	17.1×
ARMKAramark	32.0×
YUMCYum China	16.2×
Peer median	26.1×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Biglari

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.