Cracker Barrel Old Country Store (CBRL) financial statements
Cracker Barrel Old Country Store reported revenue of $3.3B in fiscal 2026, up 1.4% a year over 9 years.
Net income was $32M and the operating margin -0.4%, against 10.7% in 2017.
Free cash flow was $88M, and the company returned $23M in dividends.
The diluted share count fell 7% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Cracker Barrel Old Country Store's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | $3.1B | $2.5B | $2.8B | $3.3B | $3.4B | $3.5B | $3.5B | $3.3B |
| Cost of revenue | $891M | $935M | $931M | $780M | $865M | $1.0B | $1.1B | $1.1B | $1.1B | $1.0B |
| Gross profit | $2.0B | $2.1B | $2.1B | $1.7B | $2.0B | $2.2B | $2.3B | $2.4B | $2.4B | $2.3B |
| Selling, general and admin | $141M | $144M | $153M | $147M | $148M | $157M | $174M | $207M | $218M | $211M |
| Operating income | $313M | $294M | $283M | $104M | $367M | $153M | $121M | $45M | $55M | -$12M |
| Interest expense | $14M | $15M | $16M | — | — | — | — | — | — | — |
| Pre-tax income | $299M | $278M | $266M | $81M | $311M | $143M | $104M | $24M | $38M | $21M |
| Income tax | $97M | $31M | $43M | -$29M | $56M | $12M | $5M | -$17M | -$9M | -$11M |
| Net income | $202M | $248M | $223M | -$32M | $255M | $132M | $99M | $41M | $46M | $32M |
| EPS (diluted) | $8.37 | $10.29 | $9.27 | -$1.36 | $10.71 | $5.67 | $4.45 | $1.83 | $2.06 | $1.40 |
| Diluted shares | 24M | 24M | 24M | 24M | 24M | 23M | 22M | 22M | 22M | 23M |
| Gross margin | 69.5% | 69.1% | 69.7% | 69.1% | 69.3% | 67.9% | 67.2% | 68.7% | 69.0% | 69.1% |
| Operating margin | 10.7% | 9.7% | 9.2% | 4.1% | 13.0% | 4.7% | 3.5% | 1.3% | 1.6% | -0.4% |
| Net margin | 6.9% | 8.2% | 7.3% | -1.3% | 9.0% | 4.0% | 2.9% | 1.2% | 1.3% | 1.0% |
Balance sheet
Fiscal years, from Cracker Barrel Old Country Store's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $161M | $115M | $37M | $437M | $145M | $45M | $25M | $12M | $40M | $37M |
| Receivables | $18M | $19M | $23M | $20M | $27M | $32M | $30M | $39M | $35M | $37M |
| Inventory | $156M | $156M | $155M | $139M | $138M | $213M | $189M | $181M | $181M | $164M |
| Total current assets | $359M | $307M | $242M | $643M | $354M | $317M | $282M | $278M | $313M | $276M |
| Property, plant and equipment | $1.1B | $1.1B | $1.2B | $1.1B | $980M | $970M | $972M | $960M | $967M | $886M |
| Goodwill | — | — | $0 | $5M | $5M | $5M | $5M | — | — | — |
| Total assets | $1.5B | $1.5B | $1.6B | $2.5B | $2.4B | $2.3B | $2.2B | $2.2B | $2.2B | $2.0B |
| Total current liabilities | $376M | $365M | $392M | $451M | $465M | $502M | $489M | $454M | $626M | $476M |
| Long-term debt | $400M | $400M | $400M | $910M | $327M | $423M | $415M | $477M | $335M | $337M |
| Total liabilities | $977M | $946M | $977M | $2.1B | $1.7B | $1.8B | $1.7B | $1.7B | $1.7B | $1.5B |
| Shareholders' equity | $545M | $582M | $605M | $418M | $664M | $511M | $484M | $440M | $462M | $478M |
| Net debt | $239M | $285M | $363M | $512M | $183M | $378M | $390M | $465M | $445M | $301M |
Cash flow
Fiscal years, from Cracker Barrel Old Country Store's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $321M | $331M | $363M | $161M | $302M | $205M | $250M | $169M | $219M | $206M |
| Capital spending | $111M | $152M | $138M | $297M | $71M | $98M | $127M | $128M | $159M | $118M |
| Free cash flow | $210M | $178M | $225M | -$136M | $230M | $107M | $123M | $41M | $60M | $88M |
| Stock-based compensation | $8M | $7M | $8M | $6M | $9M | $8M | $9M | $10M | $12M | $9M |
| Dividends paid | $197M | $207M | $193M | $95M | $32M | $115M | $116M | $116M | $23M | $23M |
| Share buybacks (net) | $0 | -$15M | $0 | -$55M | -$35M | -$132M | -$17M | — | — | — |
| Net borrowing | $0 | $0 | $0 | $549M | -$925M | $45M | -$10M | $60M | -$180M | $0 |
| Free cash flow margin | 7.2% | 5.9% | 7.3% | -5.4% | 8.2% | 3.3% | 3.6% | 1.2% | 1.7% | 2.7% |
| Dividends per share | $8.16 | $8.60 | $8.03 | $3.96 | $1.33 | $4.94 | $5.21 | $5.20 | $1.03 | $1.03 |
Questions
What was Cracker Barrel Old Country Store's revenue in 2026?
$3.3B in fiscal 2026, from its 10-K filing.
How much free cash flow does Cracker Barrel Old Country Store generate?
$88M in fiscal 2026 (operating cash flow minus capital spending).
From Cracker Barrel Old Country Store's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.