vs
Biglari Holdings Inc.（BH）与英国电信集团（BTBD）财务数据对比。点击上方公司名可切换其他公司
Biglari Holdings Inc.的季度营收约是英国电信集团的25.9倍（$99.9M vs $3.9M）。英国电信集团净利率更高（23.7% vs -49.9%，领先73.7%）。Biglari Holdings Inc.同比增速更快（9.6% vs -11.4%）。Biglari Holdings Inc.自由现金流更多（$6.4M vs $261.8K）。过去两年Biglari Holdings Inc.的营收复合增速更高（5.7% vs -1.8%）
Biglari控股是一家总部位于美国得克萨斯州圣安东尼奥的控股公司，由企业家萨达尔·比格拉里创立。旗下业务涵盖餐饮、出版、保险、石油能源多个领域，旗下子品牌包括Steak 'n Shake、《马克西姆》杂志、第一卫士保险、南先锋保险、南方石油、阿布拉克萨斯石油等。
英国电信集团是总部位于英国伦敦的跨国电信控股企业，业务遍及约180个国家，是英国规模最大的固网、宽带与移动服务供应商，同时也提供订阅电视与IT服务。
BH vs BTBD — 直观对比
营收规模更大
BH
是对方的25.9倍
$3.9M
营收增速更快
BH
高出21.0%
-11.4%
净利率更高
BTBD
高出73.7%
-49.9%
自由现金流更多
BH
多$6.1M
$261.8K
两年增速更快
BH
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $99.9M | $3.9M |
| 净利润 | $-49.9M | $915.0K |
| 毛利率 | 58.3% | — |
| 营业利润率 | -64.1% | 19.1% |
| 净利率 | -49.9% | 23.7% |
| 营收同比 | 9.6% | -11.4% |
| 净利润同比 | -385.3% | 516.9% |
| 每股收益（稀释后） | — | $0.15 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BHBTBD
| Q4 25 | $99.9M | — | ||
| Q3 25 | $99.7M | $3.9M | ||
| Q2 25 | $100.6M | $3.8M | ||
| Q1 25 | $95.0M | $3.2M | ||
| Q4 24 | $91.1M | — | ||
| Q3 24 | $90.4M | $4.3M | ||
| Q2 24 | $91.1M | $4.1M | ||
| Q1 24 | $89.5M | $3.2M |
净利润BHBTBD
| Q4 25 | $-49.9M | — | ||
| Q3 25 | $-5.3M | $915.0K | ||
| Q2 25 | $50.9M | $55.0K | ||
| Q1 25 | $-33.3M | $-329.8K | ||
| Q4 24 | $-10.3M | — | ||
| Q3 24 | $32.1M | $-219.5K | ||
| Q2 24 | $-48.2M | $-70.0K | ||
| Q1 24 | $22.6M | $-445.7K |
毛利率BHBTBD
| Q4 25 | 58.3% | — | ||
| Q3 25 | 58.1% | — | ||
| Q2 25 | 60.2% | — | ||
| Q1 25 | 60.3% | — | ||
| Q4 24 | 60.6% | — | ||
| Q3 24 | 59.9% | — | ||
| Q2 24 | 59.5% | — | ||
| Q1 24 | 61.5% | — |
营业利润率BHBTBD
| Q4 25 | -64.1% | — | ||
| Q3 25 | -7.6% | 19.1% | ||
| Q2 25 | 64.7% | -2.0% | ||
| Q1 25 | -43.3% | -9.0% | ||
| Q4 24 | -19.7% | — | ||
| Q3 24 | 47.9% | -1.7% | ||
| Q2 24 | -69.0% | -4.6% | ||
| Q1 24 | 32.9% | -19.8% |
净利率BHBTBD
| Q4 25 | -49.9% | — | ||
| Q3 25 | -5.3% | 23.7% | ||
| Q2 25 | 50.6% | 1.5% | ||
| Q1 25 | -35.0% | -10.2% | ||
| Q4 24 | -11.3% | — | ||
| Q3 24 | 35.5% | -5.0% | ||
| Q2 24 | -52.9% | -1.7% | ||
| Q1 24 | 25.2% | -14.0% |
每股收益（稀释后）BHBTBD
| Q4 25 | — | — | ||
| Q3 25 | — | $0.15 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $268.8M | $3.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $523.4M | $7.7M |
| 总资产 | $1.0B | $11.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BHBTBD
| Q4 25 | $268.8M | — | ||
| Q3 25 | $272.5M | $3.5M | ||
| Q2 25 | $32.8M | $3.0M | ||
| Q1 25 | $28.7M | $2.7M | ||
| Q4 24 | $30.7M | — | ||
| Q3 24 | $29.9M | $2.0M | ||
| Q2 24 | $26.9M | $1.5M | ||
| Q1 24 | $34.5M | $1.5M |
股东权益BHBTBD
| Q4 25 | $523.4M | — | ||
| Q3 25 | $580.3M | $7.7M | ||
| Q2 25 | $589.3M | $6.8M | ||
| Q1 25 | $539.8M | $6.7M | ||
| Q4 24 | $573.0M | — | ||
| Q3 24 | $601.8M | $8.5M | ||
| Q2 24 | $569.2M | $8.7M | ||
| Q1 24 | $618.6M | $8.8M |
总资产BHBTBD
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.1B | $11.9M | ||
| Q2 25 | $863.6M | $11.2M | ||
| Q1 25 | $829.1M | $11.0M | ||
| Q4 24 | $866.1M | — | ||
| Q3 24 | $865.1M | $13.7M | ||
| Q2 24 | $809.1M | $14.0M | ||
| Q1 24 | $885.3M | $14.0M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $17.8M | $325.2K |
| 自由现金流经营现金流 - 资本支出 | $6.4M | $261.8K |
| 自由现金流率自由现金流/营收 | 6.4% | 6.8% |
| 资本支出强度资本支出/营收 | 11.4% | 1.6% |
| 现金转化率经营现金流/净利润 | — | 0.36× |
| 过去12个月自由现金流最近4个季度 | $76.6M | — |
8季度趋势，按日历期对齐
经营现金流BHBTBD
| Q4 25 | $17.8M | — | ||
| Q3 25 | $31.2M | $325.2K | ||
| Q2 25 | $42.1M | $384.4K | ||
| Q1 25 | $15.8M | $-306.7K | ||
| Q4 24 | $18.0M | — | ||
| Q3 24 | $10.8M | $129.3K | ||
| Q2 24 | $1.8M | $82.5K | ||
| Q1 24 | $19.1M | $-408.9K |
自由现金流BHBTBD
| Q4 25 | $6.4M | — | ||
| Q3 25 | $22.3M | $261.8K | ||
| Q2 25 | $39.4M | — | ||
| Q1 25 | $8.5M | $-431.1K | ||
| Q4 24 | $10.9M | — | ||
| Q3 24 | $3.7M | $50.4K | ||
| Q2 24 | $-10.0M | $53.7K | ||
| Q1 24 | $14.5M | $-521.3K |
自由现金流率BHBTBD
| Q4 25 | 6.4% | — | ||
| Q3 25 | 22.4% | 6.8% | ||
| Q2 25 | 39.2% | — | ||
| Q1 25 | 8.9% | -13.3% | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 4.1% | 1.2% | ||
| Q2 24 | -11.0% | 1.3% | ||
| Q1 24 | 16.2% | -16.3% |
资本支出强度BHBTBD
| Q4 25 | 11.4% | — | ||
| Q3 25 | 9.0% | 1.6% | ||
| Q2 25 | 2.7% | 0.0% | ||
| Q1 25 | 7.7% | 3.8% | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 7.8% | 1.8% | ||
| Q2 24 | 13.0% | 0.7% | ||
| Q1 24 | 5.1% | 3.5% |
现金转化率BHBTBD
| Q4 25 | — | — | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | 0.83× | 6.98× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.85× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BH
| Products | $45.9M | 46% |
| Franchisor | $20.5M | 21% |
| Insurance Operations | $19.1M | 19% |
| Oil And Gas Segment | $5.4M | 5% |
| Royalty | $4.1M | 4% |
| Abraxas Petroleum | $2.7M | 3% |
| Other | $2.2M | 2% |
BTBD
暂无分部数据
