BH-A vs HLNE

Comparison between Biglari Holdings Inc - Class A (BH-A, Company) and Hamilton Lane Inc - Class A (HLNE, Company).

BH-A is from the Consumer Cyclical sector, while HLNE is from the Financial Services sector.

5-Year PerformanceBH-A has outperformed HLNE, delivering a return of +18.2% compared to -0.6%

BH-A vs HLNE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BH-A(COMPANY)	HLNE(COMPANY)
Market Cap	$4.28B	$4.30B
Max Drawdown	77.48%	63.40%
Sharpe Ratio	0.73	-1.34
5Y Beta	0.52	1.41
Industry	Restaurants	Asset Management
P/E Ratio	192.33	17.26
Forward P/E	N/A	12.30
PEG Ratio	N/A	2.81
Dividend Yield	N/A	2.74%
5Y Dividends CAGR	N/A	16.47%
5Y EPS CAGR	N/A	9.76%
Debt to Equity	40.64%	38.95%
Free Cash Flow Yield	1.90%	9.81%
P/S Ratio	3.32	5.78
P/B Ratio	1.70	3.77

Market Cap

BH-A

$4.28B

Winner

HLNE

$4.30B

Max Drawdown

BH-A

77.48%

Winner

HLNE

63.40%

Sharpe Ratio

Winner

BH-A

0.73

HLNE

-1.34

5Y Beta

Winner

BH-A

0.52

HLNE

1.41

Industry

BH-A

Restaurants

HLNE

Asset Management

P/E Ratio

BH-A

192.33

Winner

HLNE

17.26

Forward P/E

BH-A

N/A

HLNE

12.30

PEG Ratio

BH-A

N/A

HLNE

2.81

Dividend Yield

BH-A

N/A

HLNE

2.74%

5Y Dividends CAGR

BH-A

N/A

HLNE

16.47%

5Y EPS CAGR

BH-A

N/A

HLNE

9.76%

Debt to Equity

BH-A

40.64%

Winner

HLNE

38.95%

Free Cash Flow Yield

BH-A

1.90%

Winner

HLNE

9.81%

P/S Ratio

Winner

BH-A

3.32

HLNE

5.78

P/B Ratio

Winner

BH-A

1.70

HLNE

3.77

BH-A vs HLNE - Historical Returns

Returns include dividend reinvestment.

Period	BH-A	HLNE
1 month	+15.70%	+4.60%
3 months	+8.74%	-11.48%
6 months	-11.55%	-44.60%
1 year	+31.57%	-46.00%
5 years(CAGR)	+18.25%	-0.58%
10 years(CAGR)	+6.05%	+19.71%
Max(CAGR)	+6.05%	+19.71%

Winner

BH-A

+15.70%

HLNE

+4.60%

Winner

BH-A

+8.74%

HLNE

-11.48%

Winner

BH-A

-11.55%

HLNE

-44.60%

Winner

BH-A

+31.57%

HLNE

-46.00%

5Y(CAGR)

Winner

BH-A

+18.25%

HLNE

-0.58%

10Y(CAGR)

BH-A

+6.05%

Winner

HLNE

+19.71%

Max(CAGR)

BH-A

+6.05%

Winner

HLNE

+19.71%

BH-A vs HLNE - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	BH-A	HLNE
2026	+4.71%	-39.91%
2025	+37.01%	-8.59%
2024	+60.59%	+34.37%
2023	+14.88%	+78.35%
2022	-1.08%	-36.37%
2021	+20.87%	+38.87%
2020	-0.68%	+31.82%
2019	-5.44%	+67.70%
2018	-50.01%	+6.69%
2017	N/A	+100.50%

BH-A vs HLNE Drawdown Comparison

The maximum drawdown for BH-A was -77.48%, occurring on May 15, 2020. Recovery took 1668 trading sessions.

The maximum drawdown for HLNE was -62.27%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The current BH-A drawdown is -22.79%. The current HLNE drawdown is -58.53%.

Rank	BH-A	HLNE
#1	-77.48% May 1, 2018 - Dec 16, 2024	-62.27% Nov 11, 2024 - Jun 24, 2026
#2	-45.84% Jan 21, 2026 - May 11, 2026	-48.45% Nov 19, 2021 - Dec 14, 2023
#3	-24.85% Dec 26, 2024 - Jun 18, 2025	-43.33% Feb 13, 2020 - May 29, 2020
#4	-22.73% Oct 27, 2025 - Dec 23, 2025	-36.29% Jul 18, 2018 - May 3, 2019
#5	-13.54% Jul 23, 2025 - Aug 15, 2025	-19.44% Sep 1, 2020 - Nov 11, 2020
#6	-8.99% Dec 17, 2024 - Dec 26, 2024	-16.13% Jun 1, 2020 - Sep 1, 2020
#7	-7.47% Dec 23, 2025 - Jan 6, 2026	-14.81% Jan 23, 2018 - Apr 19, 2018
#8	-5.99% Aug 28, 2025 - Oct 2, 2025	-14.55% Sep 5, 2019 - Jan 13, 2020
#9	-5.15% Aug 15, 2025 - Aug 27, 2025	-13.25% Feb 22, 2021 - Oct 20, 2021
#10	-3.02% Oct 9, 2025 - Oct 13, 2025	-12.59% Jul 31, 2024 - Aug 19, 2024
#11	-2.74% Jun 23, 2025 - Jul 8, 2025	-11.86% Jul 10, 2019 - Aug 29, 2019
#12	-2.20% Jan 16, 2026 - Jan 21, 2026	-11.36% Jan 22, 2024 - May 21, 2024
#13	-2.01% Jul 9, 2025 - Jul 17, 2025	-10.76% May 28, 2024 - Jul 11, 2024
#14	-1.31% Oct 15, 2025 - Oct 17, 2025	-9.05% Jan 14, 2021 - Feb 8, 2021
#15	-1.00% Oct 2, 2025 - Oct 7, 2025	-8.97% Nov 16, 2020 - Dec 16, 2020