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Side-by-side financial comparison of CRACKER BARREL OLD COUNTRY STORE, INC (CBRL) and CARPENTER TECHNOLOGY CORP (CRS). Click either name above to swap in a different company.
CARPENTER TECHNOLOGY CORP is the larger business by last-quarter revenue ($811.5M vs $797.2M, roughly 1.0× CRACKER BARREL OLD COUNTRY STORE, INC). CARPENTER TECHNOLOGY CORP runs the higher net margin — 17.2% vs -3.1%, a 20.3% gap on every dollar of revenue. On growth, CARPENTER TECHNOLOGY CORP posted the faster year-over-year revenue change (11.6% vs -10.9%). CARPENTER TECHNOLOGY CORP produced more free cash flow last quarter ($124.8M vs $-88.9M). Over the past eight quarters, CARPENTER TECHNOLOGY CORP's revenue compounded faster (0.8% CAGR vs -2.4%).
Cracker Barrel Old Country Store, Inc., doing business as Cracker Barrel, is an American chain of restaurant and gift stores with a Southern country theme. The company's headquarters are in Lebanon, Tennessee, where Cracker Barrel was founded by Dan Evins and Tommy Lowe in 1969. The chain's early locations were positioned near Interstate Highway exits in the Southeastern and Midwestern United States, but expanded across the country during the 1990s and 2000s. As of August 10, 2023, the compan...
Carpenter Technology Corporation develops, manufactures, and distributes stainless steels and corrosion-resistant nickel, copper and titanium alloys as well as powdered alloys for 3D additive manufacturing. In fiscal year 2018, the company's revenues were derived from the aerospace and defense industry (55%), the industrial and consumer industry (17%), the medical industry (8%), the transportation industry (7%), the energy industry (7%), and the distribution industry (6%). The company's produ...
CBRL vs CRS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $797.2M | $811.5M |
| Net Profit | $-24.6M | $139.6M |
| Gross Margin | 68.8% | 31.0% |
| Operating Margin | -4.1% | 23.0% |
| Net Margin | -3.1% | 17.2% |
| Revenue YoY | -10.9% | 11.6% |
| Net Profit YoY | -235.7% | 46.3% |
| EPS (diluted) | $-1.10 | $2.77 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $811.5M | ||
| Q4 25 | $797.2M | $728.0M | ||
| Q3 25 | — | $733.7M | ||
| Q2 25 | $821.1M | $755.6M | ||
| Q1 25 | $949.4M | $727.0M | ||
| Q4 24 | — | $676.9M | ||
| Q3 24 | $894.4M | $717.6M | ||
| Q2 24 | $817.1M | $798.7M |
| Q1 26 | — | $139.6M | ||
| Q4 25 | $-24.6M | $105.3M | ||
| Q3 25 | — | $122.5M | ||
| Q2 25 | $12.6M | $111.7M | ||
| Q1 25 | $22.2M | $95.4M | ||
| Q4 24 | — | $84.1M | ||
| Q3 24 | $18.1M | $84.8M | ||
| Q2 24 | $-9.2M | $93.6M |
| Q1 26 | — | 31.0% | ||
| Q4 25 | 68.8% | 30.0% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | 69.9% | 28.3% | ||
| Q1 25 | 67.4% | 27.6% | ||
| Q4 24 | — | 26.2% | ||
| Q3 24 | 69.6% | 24.6% | ||
| Q2 24 | 70.0% | 23.9% |
| Q1 26 | — | 23.0% | ||
| Q4 25 | -4.1% | 21.3% | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | 1.8% | 20.1% | ||
| Q1 25 | 3.1% | 19.0% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | 2.5% | 15.8% | ||
| Q2 24 | -2.4% | 13.6% |
| Q1 26 | — | 17.2% | ||
| Q4 25 | -3.1% | 14.5% | ||
| Q3 25 | — | 16.7% | ||
| Q2 25 | 1.5% | 14.8% | ||
| Q1 25 | 2.3% | 13.1% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | 2.0% | 11.8% | ||
| Q2 24 | -1.1% | 11.7% |
| Q1 26 | — | $2.77 | ||
| Q4 25 | $-1.10 | $2.09 | ||
| Q3 25 | — | $2.43 | ||
| Q2 25 | $0.56 | $2.21 | ||
| Q1 25 | $0.99 | $1.88 | ||
| Q4 24 | — | $1.66 | ||
| Q3 24 | $0.80 | $1.67 | ||
| Q2 24 | $-0.41 | $1.85 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.9M | $294.8M |
| Total DebtLower is stronger | — | $690.4M |
| Stockholders' EquityBook value | $428.8M | $2.1B |
| Total Assets | $2.2B | $3.7B |
| Debt / EquityLower = less leverage | — | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $294.8M | ||
| Q4 25 | $8.9M | $231.9M | ||
| Q3 25 | — | $208.0M | ||
| Q2 25 | $9.8M | $315.5M | ||
| Q1 25 | $10.3M | $151.5M | ||
| Q4 24 | — | $162.1M | ||
| Q3 24 | $12.0M | $150.2M | ||
| Q2 24 | $11.9M | $199.1M |
| Q1 26 | — | $690.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $428.8M | $2.0B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $469.3M | $1.9B | ||
| Q1 25 | $460.9M | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $440.1M | $1.7B | ||
| Q2 24 | $426.6M | $1.6B |
| Q1 26 | — | $3.7B | ||
| Q4 25 | $2.2B | $3.5B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $2.1B | $3.5B | ||
| Q1 25 | $2.1B | $3.4B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.2B | $3.3B |
| Q1 26 | — | 0.33× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-53.4M | — |
| Free Cash FlowOCF − Capex | $-88.9M | $124.8M |
| FCF MarginFCF / Revenue | -11.2% | 15.4% |
| Capex IntensityCapex / Revenue | 4.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $407.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-53.4M | $132.2M | ||
| Q3 25 | — | $39.2M | ||
| Q2 25 | $23.0M | $258.1M | ||
| Q1 25 | — | $74.2M | ||
| Q4 24 | — | $67.9M | ||
| Q3 24 | $69.5M | $40.2M | ||
| Q2 24 | $37.6M | $169.5M |
| Q1 26 | — | $124.8M | ||
| Q4 25 | $-88.9M | $85.9M | ||
| Q3 25 | — | $-3.4M | ||
| Q2 25 | $-13.6M | $200.2M | ||
| Q1 25 | — | $34.0M | ||
| Q4 24 | — | $38.6M | ||
| Q3 24 | $22.1M | $13.3M | ||
| Q2 24 | $8.2M | $141.8M |
| Q1 26 | — | 15.4% | ||
| Q4 25 | -11.2% | 11.8% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | -1.7% | 26.5% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 2.5% | 1.9% | ||
| Q2 24 | 1.0% | 17.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | 6.4% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | 4.5% | 7.7% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | 5.3% | 3.7% | ||
| Q2 24 | 3.6% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.26× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | 1.83× | 2.31× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.81× | ||
| Q3 24 | 3.83× | 0.47× | ||
| Q2 24 | — | 1.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBRL
| Restaurant | $650.6M | 82% |
| Retail | $146.6M | 18% |
CRS
| Aerospace and Defense | $435.6M | 54% |
| Surcharge revenue | $155.9M | 19% |
| Industrial and Consumer | $78.1M | 10% |
| Medical | $51.7M | 6% |
| Energy | $50.5M | 6% |
| Distribution | $20.4M | 3% |
| Transportation | $19.3M | 2% |