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CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是CRACKER BARREL OLD COUNTRY STORE, INC的1.1倍（$851.9M vs $797.2M），美森净利率更高（16.8% vs -3.1%，领先19.9%），美森同比增速更快（-4.3% vs -10.9%），美森自由现金流更多（$42.2M vs $-88.9M），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
CBRL vs MATX — 直观对比
营收规模更大
MATX
是对方的1.1倍
$797.2M
营收增速更快
MATX
高出6.6%
-10.9%
净利率更高
MATX
高出19.9%
-3.1%
自由现金流更多
MATX
多$131.1M
$-88.9M
两年增速更快
MATX
近两年复合增速
-2.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $797.2M | $851.9M |
| 净利润 | $-24.6M | $143.1M |
| 毛利率 | 68.8% | — |
| 营业利润率 | -4.1% | 16.9% |
| 净利率 | -3.1% | 16.8% |
| 营收同比 | -10.9% | -4.3% |
| 净利润同比 | -235.7% | 11.8% |
| 每股收益（稀释后） | $-1.10 | $4.47 |
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CBRLMATX
| Q4 25 | $797.2M | $851.9M | ||
| Q3 25 | — | $880.1M | ||
| Q2 25 | $821.1M | $830.5M | ||
| Q1 25 | $949.4M | $782.0M | ||
| Q4 24 | — | $890.3M | ||
| Q3 24 | $894.4M | $962.0M | ||
| Q2 24 | $817.1M | $847.4M | ||
| Q1 24 | $935.4M | $722.1M |
净利润CBRLMATX
| Q4 25 | $-24.6M | $143.1M | ||
| Q3 25 | — | $134.7M | ||
| Q2 25 | $12.6M | $94.7M | ||
| Q1 25 | $22.2M | $72.3M | ||
| Q4 24 | — | $128.0M | ||
| Q3 24 | $18.1M | $199.1M | ||
| Q2 24 | $-9.2M | $113.2M | ||
| Q1 24 | $26.5M | $36.1M |
毛利率CBRLMATX
| 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CBRLMATX
| Q4 25 | -4.1% | 16.9% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | 1.8% | 13.6% | ||
| Q1 25 | 3.1% | 10.5% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 2.5% | 25.2% | ||
| Q2 24 | -2.4% | 14.7% | ||
| Q1 24 | 3.3% | 5.1% |
净利率CBRLMATX
| Q4 25 | -3.1% | 16.8% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | 1.5% | 11.4% | ||
| Q1 25 | 2.3% | 9.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 2.0% | 20.7% | ||
| Q2 24 | -1.1% | 13.4% | ||
| Q1 24 | 2.8% | 5.0% |
每股收益（稀释后）CBRLMATX
| Q4 25 | $-1.10 | $4.47 | ||
| Q3 25 | — | $4.24 | ||
| Q2 25 | $0.56 | $2.92 | ||
| Q1 25 | $0.99 | $2.18 | ||
| Q4 24 | — | $3.69 | ||
| Q3 24 | $0.80 | $5.89 | ||
| Q2 24 | $-0.41 | $3.31 | ||
| Q1 24 | $1.19 | $1.04 |
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 | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $428.8M | $2.8B |
| 总资产 | $2.2B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资CBRLMATX
| Q4 25 | $8.9M | $141.9M | ||
| Q3 25 | — | $92.7M | ||
| Q2 25 | $9.8M | $59.1M | ||
| Q1 25 | $10.3M | $122.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | $12.0M | $270.3M | ||
| Q2 24 | $11.9M | $168.2M | ||
| Q1 24 | $12.6M | $25.9M |
总债务CBRLMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M | ||
| Q1 24 | — | $390.8M |
股东权益CBRLMATX
| Q4 25 | $428.8M | $2.8B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $469.3M | $2.6B | ||
| Q1 25 | $460.9M | $2.6B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | $440.1M | $2.6B | ||
| Q2 24 | $426.6M | $2.4B | ||
| Q1 24 | $462.0M | $2.4B |
总资产CBRLMATX
| Q4 25 | $2.2B | $4.6B | ||
| Q3 25 | — | $4.6B | ||
| Q2 25 | $2.1B | $4.5B | ||
| Q1 25 | $2.1B | $4.5B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $2.2B | $4.4B | ||
| Q2 24 | $2.2B | $4.3B | ||
| Q1 24 | $2.2B | $4.2B |
负债/权益比CBRLMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | — | 0.16× |
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 | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $-88.9M | $42.2M |
| 自由现金流率自由现金流/营收 | -11.2% | 5.0% |
| 资本支出强度资本支出/营收 | 4.5% | 15.8% |
| 现金转化率经营现金流/净利润 | — | 1.24× |
| 过去12个月自由现金流最近4个季度 | — | $153.7M |
8季度趋势，按日历期对齐
经营现金流CBRLMATX
| Q4 25 | $-53.4M | $176.9M | ||
| Q3 25 | — | $175.6M | ||
| Q2 25 | $23.0M | $105.6M | ||
| Q1 25 | — | $89.0M | ||
| Q4 24 | — | $174.7M | ||
| Q3 24 | $69.5M | $248.6M | ||
| Q2 24 | $37.6M | $307.9M | ||
| Q1 24 | $77.7M | $36.6M |
自由现金流CBRLMATX
| Q4 25 | $-88.9M | $42.2M | ||
| Q3 25 | — | $92.4M | ||
| Q2 25 | $-13.6M | $19.3M | ||
| Q1 25 | — | $-200.0K | ||
| Q4 24 | — | $49.3M | ||
| Q3 24 | $22.1M | $189.0M | ||
| Q2 24 | $8.2M | $238.1M | ||
| Q1 24 | $50.9M | $-18.7M |
自由现金流率CBRLMATX
| Q4 25 | -11.2% | 5.0% | ||
| Q3 25 | — | 10.5% | ||
| Q2 25 | -1.7% | 2.3% | ||
| Q1 25 | — | -0.0% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | 2.5% | 19.6% | ||
| Q2 24 | 1.0% | 28.1% | ||
| Q1 24 | 5.4% | -2.6% |
资本支出强度CBRLMATX
| Q4 25 | 4.5% | 15.8% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | 4.5% | 10.4% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 14.1% | ||
| Q3 24 | 5.3% | 6.2% | ||
| Q2 24 | 3.6% | 8.2% | ||
| Q1 24 | 2.9% | 7.7% |
现金转化率CBRLMATX
| Q4 25 | — | 1.24× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | 1.83× | 1.12× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | 3.83× | 1.25× | ||
| Q2 24 | — | 2.72× | ||
| Q1 24 | 2.93× | 1.01× |
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% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
