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CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）与骏利亨德森集团（JHG）财务数据对比。点击上方公司名可切换其他公司
骏利亨德森集团的季度营收约是CRACKER BARREL OLD COUNTRY STORE, INC的1.4倍（$1.1B vs $797.2M），骏利亨德森集团净利率更高（35.3% vs -3.1%，领先38.4%），骏利亨德森集团同比增速更快（61.3% vs -10.9%），骏利亨德森集团自由现金流更多（$320.4M vs $-88.9M），过去两年骏利亨德森集团的营收复合增速更高（43.9% 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。
骏利亨德森集团是英美联手设立的全球资产管理企业，总部位于英国伦敦金融城，旗下以「骏利亨德森投资者」为运营品牌，面向全球个人投资者、中介顾问及机构客户提供多元金融产品与专业资产管理服务。
CBRL vs JHG — 直观对比
营收规模更大
JHG
是对方的1.4倍
$797.2M
营收增速更快
JHG
高出72.1%
-10.9%
净利率更高
JHG
高出38.4%
-3.1%
自由现金流更多
JHG
多$409.3M
$-88.9M
两年增速更快
JHG
近两年复合增速
-2.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $797.2M | $1.1B |
| 净利润 | $-24.6M | $403.2M |
| 毛利率 | 68.8% | — |
| 营业利润率 | -4.1% | 42.7% |
| 净利率 | -3.1% | 35.3% |
| 营收同比 | -10.9% | 61.3% |
| 净利润同比 | -235.7% | 231.0% |
| 每股收益（稀释后） | $-1.10 | $2.59 |
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
营收CBRLJHG
| Q4 25 | $797.2M | $1.1B | ||
| Q3 25 | — | $700.4M | ||
| Q2 25 | $821.1M | $633.2M | ||
| Q1 25 | $949.4M | $621.4M | ||
| Q4 24 | — | $708.3M | ||
| Q3 24 | $894.4M | $624.8M | ||
| Q2 24 | $817.1M | $588.4M | ||
| Q1 24 | $935.4M | $551.7M |
净利润CBRLJHG
| Q4 25 | $-24.6M | $403.2M | ||
| Q3 25 | — | $142.1M | ||
| Q2 25 | $12.6M | $149.9M | ||
| Q1 25 | $22.2M | $120.7M | ||
| Q4 24 | — | $121.8M | ||
| Q3 24 | $18.1M | $27.3M | ||
| Q2 24 | $-9.2M | $129.7M | ||
| Q1 24 | $26.5M | $130.1M |
毛利率CBRLJHG
| 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% | — |
营业利润率CBRLJHG
| Q4 25 | -4.1% | 42.7% | ||
| Q3 25 | — | 24.6% | ||
| Q2 25 | 1.8% | 25.9% | ||
| Q1 25 | 3.1% | 24.7% | ||
| Q4 24 | — | 27.9% | ||
| Q3 24 | 2.5% | 26.4% | ||
| Q2 24 | -2.4% | 27.9% | ||
| Q1 24 | 3.3% | 21.6% |
净利率CBRLJHG
| Q4 25 | -3.1% | 35.3% | ||
| Q3 25 | — | 20.3% | ||
| Q2 25 | 1.5% | 23.7% | ||
| Q1 25 | 2.3% | 19.4% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | 2.0% | 4.4% | ||
| Q2 24 | -1.1% | 22.0% | ||
| Q1 24 | 2.8% | 23.6% |
每股收益（稀释后）CBRLJHG
| Q4 25 | $-1.10 | $2.59 | ||
| Q3 25 | — | $0.92 | ||
| Q2 25 | $0.56 | $0.95 | ||
| Q1 25 | $0.99 | $0.77 | ||
| Q4 24 | — | $0.77 | ||
| Q3 24 | $0.80 | $0.17 | ||
| Q2 24 | $-0.41 | $0.81 | ||
| Q1 24 | $1.19 | $0.81 |
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 | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $428.8M | $5.1B |
| 总资产 | $2.2B | $8.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CBRLJHG
| Q4 25 | $8.9M | $1.6B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $9.8M | $1.3B | ||
| Q1 25 | $10.3M | $1.4B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $12.0M | $1.8B | ||
| Q2 24 | $11.9M | $1.3B | ||
| Q1 24 | $12.6M | $1.1B |
股东权益CBRLJHG
| Q4 25 | $428.8M | $5.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $469.3M | $4.8B | ||
| Q1 25 | $460.9M | $4.7B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $440.1M | $4.6B | ||
| Q2 24 | $426.6M | $4.5B | ||
| Q1 24 | $462.0M | $4.4B |
总资产CBRLJHG
| Q4 25 | $2.2B | $8.3B | ||
| Q3 25 | — | $7.6B | ||
| Q2 25 | $2.1B | $7.5B | ||
| Q1 25 | $2.1B | $7.1B | ||
| Q4 24 | — | $7.0B | ||
| Q3 24 | $2.2B | $7.3B | ||
| Q2 24 | $2.2B | $6.4B | ||
| Q1 24 | $2.2B | $6.3B |
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 | $322.7M |
| 自由现金流经营现金流 - 资本支出 | $-88.9M | $320.4M |
| 自由现金流率自由现金流/营收 | -11.2% | 28.0% |
| 资本支出强度资本支出/营收 | 4.5% | 0.2% |
| 现金转化率经营现金流/净利润 | — | 0.80× |
| 过去12个月自由现金流最近4个季度 | — | $710.9M |
8季度趋势，按日历期对齐
经营现金流CBRLJHG
| Q4 25 | $-53.4M | $322.7M | ||
| Q3 25 | — | $258.8M | ||
| Q2 25 | $23.0M | $135.2M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | $247.3M | ||
| Q3 24 | $69.5M | $228.5M | ||
| Q2 24 | $37.6M | $223.8M | ||
| Q1 24 | $77.7M | $-5.0M |
自由现金流CBRLJHG
| Q4 25 | $-88.9M | $320.4M | ||
| Q3 25 | — | $256.4M | ||
| Q2 25 | $-13.6M | $133.2M | ||
| Q1 25 | — | $900.0K | ||
| Q4 24 | — | $243.5M | ||
| Q3 24 | $22.1M | $225.9M | ||
| Q2 24 | $8.2M | $221.9M | ||
| Q1 24 | $50.9M | $-6.8M |
自由现金流率CBRLJHG
| Q4 25 | -11.2% | 28.0% | ||
| Q3 25 | — | 36.6% | ||
| Q2 25 | -1.7% | 21.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | 2.5% | 36.2% | ||
| Q2 24 | 1.0% | 37.7% | ||
| Q1 24 | 5.4% | -1.2% |
资本支出强度CBRLJHG
| Q4 25 | 4.5% | 0.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | 4.5% | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 5.3% | 0.4% | ||
| Q2 24 | 3.6% | 0.3% | ||
| Q1 24 | 2.9% | 0.3% |
现金转化率CBRLJHG
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 1.82× | ||
| Q2 25 | 1.83× | 0.90× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 2.03× | ||
| Q3 24 | 3.83× | 8.37× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | 2.93× | -0.04× |
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% |
JHG
| Investment Advice | $585.2M | 51% |
| Investment Performance | $425.8M | 37% |
| Other | $76.4M | 7% |
