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CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）与CASELLA WASTE SYSTEMS INC（CWST）财务数据对比。点击上方公司名可切换其他公司
CRACKER BARREL OLD COUNTRY STORE, INC的季度营收约是CASELLA WASTE SYSTEMS INC的1.7倍（$797.2M vs $469.1M），CASELLA WASTE SYSTEMS INC净利率更高（-0.5% vs -3.1%，领先2.6%），CASELLA WASTE SYSTEMS INC同比增速更快（9.7% vs -10.9%），CASELLA WASTE SYSTEMS INC自由现金流更多（$39.3M vs $-88.9M），过去两年CASELLA WASTE SYSTEMS INC的营收复合增速更高（17.3% vs -2.4%）
Cracker Barrel是源自美国南方乡村风格的连锁餐厅与礼品店品牌，1969年由丹·埃文斯与汤米·洛创立，总部位于田纳西州黎巴嫩。品牌最初门店多开设在美国东南部和中西部的高速公路出口附近，于上世纪90年代至21世纪初逐步扩张至全美各地。
Casella Waste Systems Inc.是总部位于美国佛蒙特州拉特兰的废弃物管理企业，1975年创立时仅靠一辆卡车起步，现为区域型垂直一体化固体废物服务提供商，面向住宅、商业、市政及工业客户提供固废收集处置、中转、回收、有机废弃物处理等专业资源管理服务。
CBRL vs CWST — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $797.2M | $469.1M |
| 净利润 | $-24.6M | $-2.5M |
| 毛利率 | 68.8% | 33.3% |
| 营业利润率 | -4.1% | 2.5% |
| 净利率 | -3.1% | -0.5% |
| 营收同比 | -10.9% | 9.7% |
| 净利润同比 | -235.7% | -151.5% |
| 每股收益（稀释后） | $-1.10 | $-0.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $797.2M | $469.1M | ||
| Q3 25 | — | $485.4M | ||
| Q2 25 | $821.1M | $465.3M | ||
| Q1 25 | $949.4M | $417.1M | ||
| Q4 24 | — | $427.5M | ||
| Q3 24 | $894.4M | $411.6M | ||
| Q2 24 | $817.1M | $377.2M | ||
| Q1 24 | $935.4M | $341.0M |
| Q4 25 | $-24.6M | $-2.5M | ||
| Q3 25 | — | $10.0M | ||
| Q2 25 | $12.6M | $5.2M | ||
| Q1 25 | $22.2M | $-4.8M | ||
| Q4 24 | — | $4.9M | ||
| Q3 24 | $18.1M | $5.8M | ||
| Q2 24 | $-9.2M | $7.0M | ||
| Q1 24 | $26.5M | $-4.1M |
| Q4 25 | 68.8% | 33.3% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | 69.9% | 33.8% | ||
| Q1 25 | 67.4% | 32.8% | ||
| Q4 24 | — | 33.2% | ||
| Q3 24 | 69.6% | 35.1% | ||
| Q2 24 | 70.0% | 35.4% | ||
| Q1 24 | 66.3% | 32.3% |
| Q4 25 | -4.1% | 2.5% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | 1.8% | 4.1% | ||
| Q1 25 | 3.1% | 0.8% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | 2.5% | 5.9% | ||
| Q2 24 | -2.4% | 6.1% | ||
| Q1 24 | 3.3% | 2.0% |
| Q4 25 | -3.1% | -0.5% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | 1.5% | 1.1% | ||
| Q1 25 | 2.3% | -1.2% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 2.0% | 1.4% | ||
| Q2 24 | -1.1% | 1.9% | ||
| Q1 24 | 2.8% | -1.2% |
| Q4 25 | $-1.10 | $-0.04 | ||
| Q3 25 | — | $0.16 | ||
| Q2 25 | $0.56 | $0.08 | ||
| Q1 25 | $0.99 | $-0.08 | ||
| Q4 24 | — | $0.08 | ||
| Q3 24 | $0.80 | $0.10 | ||
| Q2 24 | $-0.41 | $0.12 | ||
| Q1 24 | $1.19 | $-0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.9M | $123.8M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $428.8M | $1.6B |
| 总资产 | $2.2B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.72× |
8季度趋势，按日历期对齐
| Q4 25 | $8.9M | $123.8M | ||
| Q3 25 | — | $192.7M | ||
| Q2 25 | $9.8M | $217.8M | ||
| Q1 25 | $10.3M | $267.7M | ||
| Q4 24 | — | $358.3M | ||
| Q3 24 | $12.0M | $519.0M | ||
| Q2 24 | $11.9M | $208.5M | ||
| Q1 24 | $12.6M | $189.5M |
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $976.6M | ||
| Q1 24 | — | $980.9M |
| Q4 25 | $428.8M | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $469.3M | $1.6B | ||
| Q1 25 | $460.9M | $1.5B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $440.1M | $1.5B | ||
| Q2 24 | $426.6M | $1.0B | ||
| Q1 24 | $462.0M | $1.0B |
| Q4 25 | $2.2B | $3.3B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $2.1B | $3.3B | ||
| Q1 25 | $2.1B | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $2.2B | $3.1B | ||
| Q2 24 | $2.2B | $2.5B | ||
| Q1 24 | $2.2B | $2.5B |
| Q4 25 | — | 0.72× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.94× | ||
| Q1 24 | — | 0.96× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-53.4M | $96.6M |
| 自由现金流经营现金流 - 资本支出 | $-88.9M | $39.3M |
| 自由现金流率自由现金流/营收 | -11.2% | 8.4% |
| 资本支出强度资本支出/营收 | 4.5% | 12.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $84.7M |
8季度趋势，按日历期对齐
| Q4 25 | $-53.4M | $96.6M | ||
| Q3 25 | — | $93.6M | ||
| Q2 25 | $23.0M | $89.5M | ||
| Q1 25 | — | $50.1M | ||
| Q4 24 | — | $109.8M | ||
| Q3 24 | $69.5M | $91.8M | ||
| Q2 24 | $37.6M | $72.1M | ||
| Q1 24 | $77.7M | $7.7M |
| Q4 25 | $-88.9M | $39.3M | ||
| Q3 25 | — | $27.6M | ||
| Q2 25 | $-13.6M | $23.1M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $32.9M | ||
| Q3 24 | $22.1M | $40.4M | ||
| Q2 24 | $8.2M | $27.5M | ||
| Q1 24 | $50.9M | $-22.6M |
| Q4 25 | -11.2% | 8.4% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | -1.7% | 5.0% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | 2.5% | 9.8% | ||
| Q2 24 | 1.0% | 7.3% | ||
| Q1 24 | 5.4% | -6.6% |
| Q4 25 | 4.5% | 12.2% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | 4.5% | 14.3% | ||
| Q1 25 | — | 13.3% | ||
| Q4 24 | — | 18.0% | ||
| Q3 24 | 5.3% | 12.5% | ||
| Q2 24 | 3.6% | 11.8% | ||
| Q1 24 | 2.9% | 8.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | 9.37× | ||
| Q2 25 | 1.83× | 17.19× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 22.51× | ||
| Q3 24 | 3.83× | 15.91× | ||
| Q2 24 | — | 10.29× | ||
| Q1 24 | 2.93× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CBRL
| Restaurant | $650.6M | 82% |
| Retail | $146.6M | 18% |
CWST
| Transferred Over Time | $120.9M | 26% |
| Resource Solutions Region | $92.9M | 20% |
| Collection | $90.9M | 19% |
| Mid Atlantic Region | $89.6M | 19% |
| National Accounts | $60.9M | 13% |
| Landfill Revenue | $8.3M | 2% |
| Processing Services | $2.1M | 0% |
| Transportation | $1.4M | 0% |
