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CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）与MAXIMUS, INC.（MMS）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是CRACKER BARREL OLD COUNTRY STORE, INC的1.7倍（$1.3B vs $797.2M），MAXIMUS, INC.净利率更高（7.0% vs -3.1%，领先10.1%），MAXIMUS, INC.同比增速更快（-4.1% vs -10.9%），CRACKER BARREL OLD COUNTRY STORE, INC自由现金流更多（$-88.9M vs $-250.7M），过去两年MAXIMUS, INC.的营收复合增速更高（-0.1% 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。
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
CBRL vs MMS — 直观对比
营收规模更大
MMS
是对方的1.7倍
$797.2M
营收增速更快
MMS
高出6.8%
-10.9%
净利率更高
MMS
高出10.1%
-3.1%
自由现金流更多
CBRL
多$161.7M
$-250.7M
两年增速更快
MMS
近两年复合增速
-2.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $797.2M | $1.3B |
| 净利润 | $-24.6M | $93.9M |
| 毛利率 | 68.8% | 23.7% |
| 营业利润率 | -4.1% | 10.9% |
| 净利率 | -3.1% | 7.0% |
| 营收同比 | -10.9% | -4.1% |
| 净利润同比 | -235.7% | 128.0% |
| 每股收益（稀释后） | $-1.10 | $1.70 |
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CBRLMMS
| Q4 25 | $797.2M | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $821.1M | $1.3B | ||
| Q1 25 | $949.4M | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $894.4M | $1.3B | ||
| Q2 24 | $817.1M | $1.3B | ||
| Q1 24 | $935.4M | $1.3B |
净利润CBRLMMS
| Q4 25 | $-24.6M | $93.9M | ||
| Q3 25 | — | $75.3M | ||
| Q2 25 | $12.6M | $106.0M | ||
| Q1 25 | $22.2M | $96.6M | ||
| Q4 24 | — | $41.2M | ||
| Q3 24 | $18.1M | $72.5M | ||
| Q2 24 | $-9.2M | $89.8M | ||
| Q1 24 | $26.5M | $80.5M |
毛利率CBRLMMS
| Q4 25 | 68.8% | 23.7% | ||
| Q3 25 | — | 25.3% | ||
| Q2 25 | 69.9% | 26.7% | ||
| Q1 25 | 67.4% | 24.9% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | 69.6% | 22.9% | ||
| Q2 24 | 70.0% | 25.3% | ||
| Q1 24 | 66.3% | 23.6% |
营业利润率CBRLMMS
| Q4 25 | -4.1% | 10.9% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | 1.8% | 12.3% | ||
| Q1 25 | 3.1% | 11.2% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | 2.5% | 8.5% | ||
| Q2 24 | -2.4% | 10.8% | ||
| Q1 24 | 3.3% | 9.5% |
净利率CBRLMMS
| Q4 25 | -3.1% | 7.0% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | 1.5% | 7.9% | ||
| Q1 25 | 2.3% | 7.1% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | 2.0% | 5.5% | ||
| Q2 24 | -1.1% | 6.8% | ||
| Q1 24 | 2.8% | 6.0% |
每股收益（稀释后）CBRLMMS
| Q4 25 | $-1.10 | $1.70 | ||
| Q3 25 | — | $1.27 | ||
| Q2 25 | $0.56 | $1.86 | ||
| Q1 25 | $0.99 | $1.69 | ||
| Q4 24 | — | $0.69 | ||
| Q3 24 | $0.80 | $1.18 | ||
| Q2 24 | $-0.41 | $1.46 | ||
| Q1 24 | $1.19 | $1.31 |
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 | $137.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $428.8M | $1.7B |
| 总资产 | $2.2B | $4.2B |
| 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CBRLMMS
| Q4 25 | $8.9M | $137.6M | ||
| Q3 25 | — | $222.4M | ||
| Q2 25 | $9.8M | $59.8M | ||
| Q1 25 | $10.3M | $108.1M | ||
| Q4 24 | — | $72.7M | ||
| Q3 24 | $12.0M | $183.1M | ||
| Q2 24 | $11.9M | $102.8M | ||
| Q1 24 | $12.6M | $77.4M |
股东权益CBRLMMS
| Q4 25 | $428.8M | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $469.3M | $1.8B | ||
| Q1 25 | $460.9M | $1.7B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $440.1M | $1.8B | ||
| Q2 24 | $426.6M | $1.8B | ||
| Q1 24 | $462.0M | $1.8B |
总资产CBRLMMS
| Q4 25 | $2.2B | $4.2B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $2.1B | $4.5B | ||
| Q1 25 | $2.1B | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | $2.2B | $4.1B | ||
| Q2 24 | $2.2B | $4.0B | ||
| Q1 24 | $2.2B | $4.0B |
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 | $-244.4M |
| 自由现金流经营现金流 - 资本支出 | $-88.9M | $-250.7M |
| 自由现金流率自由现金流/营收 | -11.2% | -18.6% |
| 资本支出强度资本支出/营收 | 4.5% | 0.5% |
| 现金转化率经营现金流/净利润 | — | -2.60× |
| 过去12个月自由现金流最近4个季度 | — | $218.5M |
8季度趋势，按日历期对齐
经营现金流CBRLMMS
| Q4 25 | $-53.4M | $-244.4M | ||
| Q3 25 | — | $649.4M | ||
| Q2 25 | $23.0M | $-182.7M | ||
| Q1 25 | — | $42.7M | ||
| Q4 24 | — | $-80.0M | ||
| Q3 24 | $69.5M | $163.8M | ||
| Q2 24 | $37.6M | $199.3M | ||
| Q1 24 | $77.7M | $130.5M |
自由现金流CBRLMMS
| Q4 25 | $-88.9M | $-250.7M | ||
| Q3 25 | — | $641.8M | ||
| Q2 25 | $-13.6M | $-198.2M | ||
| Q1 25 | — | $25.5M | ||
| Q4 24 | — | $-103.0M | ||
| Q3 24 | $22.1M | $131.9M | ||
| Q2 24 | $8.2M | $164.6M | ||
| Q1 24 | $50.9M | $105.2M |
自由现金流率CBRLMMS
| Q4 25 | -11.2% | -18.6% | ||
| Q3 25 | — | 48.7% | ||
| Q2 25 | -1.7% | -14.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | -7.3% | ||
| Q3 24 | 2.5% | 10.0% | ||
| Q2 24 | 1.0% | 12.5% | ||
| Q1 24 | 5.4% | 7.8% |
资本支出强度CBRLMMS
| Q4 25 | 4.5% | 0.5% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | 4.5% | 1.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | 5.3% | 2.4% | ||
| Q2 24 | 3.6% | 2.6% | ||
| Q1 24 | 2.9% | 1.9% |
现金转化率CBRLMMS
| Q4 25 | — | -2.60× | ||
| Q3 25 | — | 8.63× | ||
| Q2 25 | 1.83× | -1.72× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | -1.94× | ||
| Q3 24 | 3.83× | 2.26× | ||
| Q2 24 | — | 2.22× | ||
| Q1 24 | 2.93× | 1.62× |
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% |
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
