COMP <GO>
BH vs HD // OPERATING MARGIN
Biglari Holdings Inc. (Class B) (NYSE) VS. Home Depot Inc. (NYSE) • 15-METRIC TALLY: BH 4
— HD 5
■ METRIC PARITY
LAST: $388.23 (-1.39%) • MKT CAP: $916.0M
operating-margins
—
LAST: $341.15 (+3.63%) • MKT CAP: $328.44B
operating-margins
12.70%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BH VS. HD)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BH | HD | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 59.20% | 33.30% | +25.90 | BH | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -7.20% | 32.90% | -40.10 | HD | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 13.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.44% | 2.72% | +5.72 | BH | /fcf-yield <GO> |
| Operating Margin ACTIVE | — | 12.70% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -9.50% | 8.60% | -18.10 | HD | /net-margins <GO> |
| Revenue Growth (YoY) | 9.20% | 3.20% | +6.00 | BH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.79% | -2.79 | HD | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 5.64 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | BH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.5 | 67.5 | -15.00 | HD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.88 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 21.6x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $916.0M | $328.44B | -$327.52B | HD | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BH REV | HD REV | BH GROSS % | HD GROSS % | BH FCF | HD FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $395.3M | $164.68B | 59.2% | 33.3% | $76.6M | $8.91B |
| FY 2024 | $362.1M | $159.51B | 60.4% | 33.4% | $19.1M | $12.63B |
| FY 2023 | $365.3M | $152.67B | — | — | $73.0M | $14.30B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BH // BETA —
HD // BETA 0.88