vs

Side-by-side financial comparison of CRACKER BARREL OLD COUNTRY STORE, INC (CBRL) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.

CRACKER BARREL OLD COUNTRY STORE, INC is the larger business by last-quarter revenue ($797.2M vs $531.4M, roughly 1.5× PJT Partners Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs -3.1%, a 13.1% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs -10.9%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $-88.9M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% 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...

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

CBRL vs PJT — Head-to-Head

Bigger by revenue
CBRL
CBRL
1.5× larger
CBRL
$797.2M
$531.4M
PJT
Growing faster (revenue YoY)
PJT
PJT
+23.8% gap
PJT
12.9%
-10.9%
CBRL
Higher net margin
PJT
PJT
13.1% more per $
PJT
10.0%
-3.1%
CBRL
More free cash flow
PJT
PJT
$227.5M more FCF
PJT
$138.6M
$-88.9M
CBRL
Faster 2-yr revenue CAGR
PJT
PJT
Annualised
PJT
27.5%
-2.4%
CBRL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBRL
CBRL
PJT
PJT
Revenue
$797.2M
$531.4M
Net Profit
$-24.6M
$53.4M
Gross Margin
68.8%
Operating Margin
-4.1%
23.1%
Net Margin
-3.1%
10.0%
Revenue YoY
-10.9%
12.9%
Net Profit YoY
-235.7%
4.0%
EPS (diluted)
$-1.10

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.

Revenue
CBRL
CBRL
PJT
PJT
Q4 25
$797.2M
$531.4M
Q3 25
$442.3M
Q2 25
$821.1M
$401.1M
Q1 25
$949.4M
$321.9M
Q4 24
$470.5M
Q3 24
$894.4M
$320.3M
Q2 24
$817.1M
$358.1M
Q1 24
$935.4M
$327.1M
Net Profit
CBRL
CBRL
PJT
PJT
Q4 25
$-24.6M
$53.4M
Q3 25
$39.8M
Q2 25
$12.6M
$32.9M
Q1 25
$22.2M
$54.0M
Q4 24
$51.3M
Q3 24
$18.1M
$22.1M
Q2 24
$-9.2M
$28.3M
Q1 24
$26.5M
$32.6M
Gross Margin
CBRL
CBRL
PJT
PJT
Q4 25
68.8%
Q3 25
Q2 25
69.9%
Q1 25
67.4%
Q4 24
Q3 24
69.6%
Q2 24
70.0%
Q1 24
66.3%
Operating Margin
CBRL
CBRL
PJT
PJT
Q4 25
-4.1%
23.1%
Q3 25
20.6%
Q2 25
1.8%
19.1%
Q1 25
3.1%
16.3%
Q4 24
21.9%
Q3 24
2.5%
15.4%
Q2 24
-2.4%
18.0%
Q1 24
3.3%
16.5%
Net Margin
CBRL
CBRL
PJT
PJT
Q4 25
-3.1%
10.0%
Q3 25
9.0%
Q2 25
1.5%
8.2%
Q1 25
2.3%
16.8%
Q4 24
10.9%
Q3 24
2.0%
6.9%
Q2 24
-1.1%
7.9%
Q1 24
2.8%
10.0%
EPS (diluted)
CBRL
CBRL
PJT
PJT
Q4 25
$-1.10
Q3 25
Q2 25
$0.56
Q1 25
$0.99
Q4 24
Q3 24
$0.80
Q2 24
$-0.41
Q1 24
$1.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBRL
CBRL
PJT
PJT
Cash + ST InvestmentsLiquidity on hand
$8.9M
$538.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$428.8M
$308.2M
Total Assets
$2.2B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRL
CBRL
PJT
PJT
Q4 25
$8.9M
$538.9M
Q3 25
$400.5M
Q2 25
$9.8M
$214.6M
Q1 25
$10.3M
$194.3M
Q4 24
$483.9M
Q3 24
$12.0M
$148.8M
Q2 24
$11.9M
$164.2M
Q1 24
$12.6M
$215.5M
Stockholders' Equity
CBRL
CBRL
PJT
PJT
Q4 25
$428.8M
$308.2M
Q3 25
$228.6M
Q2 25
$469.3M
$167.4M
Q1 25
$460.9M
$148.8M
Q4 24
$187.0M
Q3 24
$440.1M
$159.1M
Q2 24
$426.6M
$133.8M
Q1 24
$462.0M
$174.6M
Total Assets
CBRL
CBRL
PJT
PJT
Q4 25
$2.2B
$1.8B
Q3 25
$1.7B
Q2 25
$2.1B
$1.5B
Q1 25
$2.1B
$1.4B
Q4 24
$1.6B
Q3 24
$2.2B
$1.6B
Q2 24
$2.2B
$1.4B
Q1 24
$2.2B
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBRL
CBRL
PJT
PJT
Operating Cash FlowLast quarter
$-53.4M
$155.7M
Free Cash FlowOCF − Capex
$-88.9M
$138.6M
FCF MarginFCF / Revenue
-11.2%
26.1%
Capex IntensityCapex / Revenue
4.5%
3.2%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$480.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRL
CBRL
PJT
PJT
Q4 25
$-53.4M
$155.7M
Q3 25
$256.1M
Q2 25
$23.0M
$190.4M
Q1 25
$-75.9M
Q4 24
$195.7M
Q3 24
$69.5M
$180.5M
Q2 24
$37.6M
$193.6M
Q1 24
$77.7M
$-38.8M
Free Cash Flow
CBRL
CBRL
PJT
PJT
Q4 25
$-88.9M
$138.6M
Q3 25
$240.9M
Q2 25
$-13.6M
$178.9M
Q1 25
$-77.9M
Q4 24
$195.3M
Q3 24
$22.1M
$178.5M
Q2 24
$8.2M
$193.0M
Q1 24
$50.9M
$-39.2M
FCF Margin
CBRL
CBRL
PJT
PJT
Q4 25
-11.2%
26.1%
Q3 25
54.5%
Q2 25
-1.7%
44.6%
Q1 25
-24.2%
Q4 24
41.5%
Q3 24
2.5%
55.7%
Q2 24
1.0%
53.9%
Q1 24
5.4%
-12.0%
Capex Intensity
CBRL
CBRL
PJT
PJT
Q4 25
4.5%
3.2%
Q3 25
3.4%
Q2 25
4.5%
2.9%
Q1 25
0.6%
Q4 24
0.1%
Q3 24
5.3%
0.6%
Q2 24
3.6%
0.1%
Q1 24
2.9%
0.1%
Cash Conversion
CBRL
CBRL
PJT
PJT
Q4 25
2.92×
Q3 25
6.43×
Q2 25
1.83×
5.79×
Q1 25
-1.41×
Q4 24
3.81×
Q3 24
3.83×
8.15×
Q2 24
6.84×
Q1 24
2.93×
-1.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBRL
CBRL

Restaurant$650.6M82%
Retail$146.6M18%

PJT
PJT

Segment breakdown not available.

Related Comparisons