BH vs MRC

Comparison between Biglari Holdings Inc - Class B (BH, Company) and MRC Global Inc (MRC, Company).

BH is from the Consumer Cyclical sector, while MRC is from the Energy sector.

5-Year PerformanceMRC has outperformed BH, delivering a return of +24.1% compared to +17.2%

BH vs MRC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BH(COMPANY)	MRC(COMPANY)
Market Cap	$1.16B	$1.16B
Max Drawdown	87.84%	89.55%
Sharpe Ratio	0.53	0.41
5Y Beta	0.91	N/A
Industry	Restaurants	Oil & Gas Equipment & Services
P/E Ratio	N/A	-28.79
Forward P/E	10.57	N/A
PEG Ratio	-12.63	N/A
Debt to Equity	46.22%	89.64%
Free Cash Flow Yield	7.02%	-1.98%
P/S Ratio	2.95	0.41
P/B Ratio	2.38	2.19

Market Cap

$1.16B

Winner

MRC

$1.16B

Max Drawdown

Winner

87.84%

MRC

89.55%

Sharpe Ratio

Winner

0.53

MRC

0.41

5Y Beta

0.91

MRC

N/A

Industry

Restaurants

MRC

Oil & Gas Equipment & Services

P/E Ratio

N/A

MRC

-28.79

Forward P/E

10.57

MRC

N/A

PEG Ratio

-12.63

MRC

N/A

Debt to Equity

Winner

46.22%

MRC

89.64%

Free Cash Flow Yield

Winner

7.02%

MRC

-1.98%

P/S Ratio

2.95

Winner

MRC

0.41

P/B Ratio

2.38

Winner

MRC

2.19

BH vs MRC - Historical Returns

Returns include dividend reinvestment.

Period	BH	MRC
1 month	+5.75%	-8.32%
3 months	+22.90%	-4.04%
6 months	-18.61%	+13.88%
1 year	+21.20%	+9.37%
5 years(CAGR)	+17.22%	+24.06%
10 years(CAGR)	+3.13%	+0.84%
Max(CAGR)	+3.51%	-3.07%

Winner

+5.75%

MRC

-8.32%

Winner

+22.90%

MRC

-4.04%

-18.61%

Winner

MRC

+13.88%

Winner

+21.20%

MRC

+9.37%

5Y(CAGR)

+17.22%

Winner

MRC

+24.06%

10Y(CAGR)

Winner

+3.13%

MRC

+0.84%

Max(CAGR)

Winner

+3.51%

MRC

-3.07%

BH vs MRC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BH	MRC
2026	+10.63%	N/A
2025	+32.99%	+8.59%
2024	+59.80%	+13.90%
2023	+19.21%	-1.70%
2022	-1.68%	+63.79%
2021	+30.19%	+7.33%
2020	-2.97%	-51.00%
2019	-2.10%	+6.73%
2018	-59.43%	-28.94%
2017	-13.48%	-19.27%
2016	+41.03%	+58.65%
2015	-19.15%	-15.91%
2014	-20.21%	-51.80%
2013	+37.54%	+16.80%
2012	+4.01%	+32.03%
2011	-11.27%	N/A
2010	+30.54%	N/A
2009	+162.66%	N/A
2008	-43.33%	N/A
2007	-37.96%	N/A
2006	+5.20%	N/A
2005	-13.25%	N/A
2004	+11.56%	N/A
2003	+75.86%	N/A
2002	-5.03%	N/A
2001	+62.11%	N/A
2000	-31.20%	N/A
1999	-17.71%	N/A

BH vs MRC Drawdown Comparison

The maximum drawdown for BH was -87.84%, occurring on Mar 20, 2020. Recovery took 2966 trading sessions.

The maximum drawdown for MRC was -89.55%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current BH drawdown is -20.28%. The current MRC drawdown is -59.11%.

Rank	BH	MRC
#1	-87.84% Dec 26, 2013 - Oct 13, 2025	-89.55% May 21, 2013 - Mar 18, 2020
#2	-86.56% Aug 1, 2005 - Dec 20, 2010	-13.67% Mar 28, 2013 - May 17, 2013
#3	-48.04% Jan 21, 2026 - May 11, 2026	-9.49% Sep 21, 2012 - Nov 20, 2012
#4	-46.45% Nov 2, 1999 - Jan 14, 2002	-8.96% Feb 15, 2013 - Mar 21, 2013
#5	-43.19% Jun 28, 2002 - Jul 9, 2003	-8.33% Aug 7, 2012 - Sep 14, 2012
#6	-37.63% Feb 8, 2011 - Aug 22, 2013	-6.84% Apr 12, 2012 - May 7, 2012
#7	-27.01% Oct 24, 2025 - Jan 7, 2026	-6.84% May 7, 2012 - Jun 19, 2012
#8	-24.52% Jan 21, 2004 - Aug 1, 2005	-6.68% Jun 19, 2012 - Jul 2, 2012
#9	-13.18% Feb 25, 2002 - Jun 14, 2002	-5.97% Jul 6, 2012 - Jul 17, 2012
#10	-11.86% Jun 17, 2002 - Jun 28, 2002	-5.34% Jul 30, 2012 - Aug 6, 2012
#11	-10.28% Jul 9, 2003 - Sep 11, 2003	-4.91% Dec 4, 2012 - Jan 3, 2013
#12	-9.60% Sep 18, 2003 - Oct 14, 2003	-4.30% Jan 24, 2013 - Feb 14, 2013
#13	-9.38% Nov 3, 2003 - Dec 30, 2003	-2.63% Jul 20, 2012 - Jul 26, 2012
#14	-7.76% Dec 20, 2010 - Jan 14, 2011	-1.88% Mar 22, 2013 - Mar 27, 2013
#15	-7.76% Jan 23, 2002 - Feb 22, 2002	-1.81% Jan 8, 2013 - Jan 16, 2013