FHI vs BH-A

Comparison between Federated Hermes Inc - Class B (FHI, Company) and Biglari Holdings Inc - Class A (BH-A, Company).

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

5-Year PerformanceFHI has outperformed BH-A, delivering a return of +16.9% compared to +16.6%

FHI vs BH-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHI(COMPANY)	BH-A(COMPANY)
Market Cap	$4.29B	$4.28B
Max Drawdown	70.56%	77.48%
Sharpe Ratio	1.59	0.71
5Y Beta	0.67	0.53
Industry	Asset Management	Restaurants
P/E Ratio	11.25	192.33
Forward P/E	11.56	N/A
PEG Ratio	0.18	N/A
Dividend Yield	2.31%	N/A
5Y Dividends CAGR	-5.83%	N/A
5Y EPS CAGR	18.75%	N/A
Debt to Equity	28.93%	40.64%
Free Cash Flow Yield	7.09%	1.90%
P/S Ratio	N/A	3.32
P/B Ratio	N/A	1.70

Market Cap

Winner

FHI

$4.29B

BH-A

$4.28B

Max Drawdown

Winner

FHI

70.56%

BH-A

77.48%

Sharpe Ratio

Winner

FHI

1.59

BH-A

0.71

5Y Beta

FHI

0.67

Winner

BH-A

0.53

Industry

FHI

Asset Management

BH-A

Restaurants

P/E Ratio

Winner

FHI

11.25

BH-A

192.33

Forward P/E

FHI

11.56

BH-A

N/A

PEG Ratio

FHI

0.18

BH-A

N/A

Dividend Yield

FHI

2.31%

BH-A

N/A

5Y Dividends CAGR

FHI

-5.83%

BH-A

N/A

5Y EPS CAGR

FHI

18.75%

BH-A

N/A

Debt to Equity

Winner

FHI

28.93%

BH-A

40.64%

Free Cash Flow Yield

Winner

FHI

7.09%

BH-A

1.90%

P/S Ratio

FHI

N/A

BH-A

3.32

P/B Ratio

FHI

N/A

BH-A

1.70

FHI vs BH-A - Historical Returns

Returns include dividend reinvestment.

Period	FHI	BH-A
1 month	+8.54%	+19.72%
3 months	+6.29%	+6.43%
6 months	+13.11%	+1.17%
1 year	+43.56%	+28.11%
5 years(CAGR)	+16.85%	+16.55%
10 years(CAGR)	+12.01%	+4.80%
Max(CAGR)	+10.76%	+4.80%

FHI

+8.54%

Winner

BH-A

+19.72%

FHI

+6.29%

Winner

BH-A

+6.43%

Winner

FHI

+13.11%

BH-A

+1.17%

Winner

FHI

+43.56%

BH-A

+28.11%

5Y(CAGR)

Winner

FHI

+16.85%

BH-A

+16.55%

10Y(CAGR)

Winner

FHI

+12.01%

BH-A

+4.80%

Max(CAGR)

Winner

FHI

+10.76%

BH-A

+4.80%

FHI vs BH-A - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FHI	BH-A
2026	+14.30%	-5.26%
2025	+31.26%	+37.01%
2024	+29.78%	+60.59%
2023	-6.26%	+14.88%
2022	-1.47%	-1.08%
2021	+38.67%	+20.87%
2020	-4.63%	-0.68%
2019	+28.61%	-5.44%
2018	-22.29%	-50.01%
2017	+30.30%	N/A
2016	+7.86%	N/A
2015	-10.40%	N/A
2014	+20.62%	N/A
2013	+41.61%	N/A
2012	+42.12%	N/A
2011	-39.41%	N/A
2010	+2.24%	N/A
2009	+64.08%	N/A
2008	-53.29%	N/A
2007	+23.02%	N/A
2006	-6.84%	N/A
2005	+26.32%	N/A
2004	+6.97%	N/A
2003	+14.18%	N/A
2002	-16.27%	N/A
2001	+13.76%	N/A
2000	+129.17%	N/A
1999	+17.59%	N/A

FHI vs BH-A Drawdown Comparison

The maximum drawdown for FHI was -64.89%, occurring on Mar 23, 2020. Recovery took 342 trading sessions.

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

The current FHI drawdown is -0.37%. The current BH-A drawdown is -30.14%.

Rank	FHI	BH-A
#1	-64.89% Feb 6, 2020 - Jun 16, 2021	-77.48% May 1, 2018 - Dec 16, 2024
#2	-59.32% Jan 23, 2008 - Jul 11, 2013	-45.84% Jan 21, 2026 - May 11, 2026
#3	-37.47% Dec 26, 2017 - Jul 26, 2019	-24.85% Dec 26, 2024 - Jun 18, 2025
#4	-32.68% May 15, 2002 - Oct 10, 2005	-22.73% Oct 27, 2025 - Dec 23, 2025
#5	-32.31% Jun 5, 2015 - Oct 16, 2017	-13.54% Jul 23, 2025 - Aug 15, 2025
#6	-29.62% Apr 18, 2023 - Nov 1, 2024	-8.99% Dec 17, 2024 - Dec 26, 2024
#7	-26.94% Jan 7, 2022 - Nov 30, 2022	-7.47% Dec 23, 2025 - Jan 6, 2026
#8	-24.16% Feb 23, 2006 - Apr 17, 2007	-5.99% Aug 28, 2025 - Oct 2, 2025
#9	-22.86% Nov 27, 2000 - May 8, 2001	-5.15% Aug 15, 2025 - Aug 27, 2025
#10	-21.44% Jul 17, 2007 - Oct 3, 2007	-3.02% Oct 9, 2025 - Oct 13, 2025
#11	-21.20% May 10, 2001 - Feb 1, 2002	-2.74% Jun 23, 2025 - Jul 8, 2025
#12	-17.68% Jul 27, 2000 - Oct 26, 2000	-2.20% Jan 16, 2026 - Jan 21, 2026
#13	-16.56% Dec 5, 2024 - May 8, 2025	-2.01% Jul 9, 2025 - Jul 17, 2025
#14	-14.98% Oct 31, 2007 - Jan 11, 2008	-1.31% Oct 15, 2025 - Oct 17, 2025
#15	-14.56% Aug 27, 2021 - Nov 3, 2021	-1.00% Oct 2, 2025 - Oct 7, 2025