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Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) ROE %

: 23.02% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cracker Barrel Old Country Store's annualized net income for the quarter that ended in Jan. 2024 was $106 Mil. Cracker Barrel Old Country Store's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $461 Mil. Therefore, Cracker Barrel Old Country Store's annualized ROE % for the quarter that ended in Jan. 2024 was 23.02%.

The historical rank and industry rank for Cracker Barrel Old Country Store's ROE % or its related term are showing as below:

CBRL' s ROE % Range Over the Past 10 Years
Min: -6.35   Med: 33.14   Max: 47.04
Current: 17.63

During the past 13 years, Cracker Barrel Old Country Store's highest ROE % was 47.04%. The lowest was -6.35%. And the median was 33.14%.

CBRL's ROE % is ranked better than
74.62% of 331 companies
in the Restaurants industry
Industry Median: 8.76 vs CBRL: 17.63

Cracker Barrel Old Country Store ROE % Historical Data

The historical data trend for Cracker Barrel Old Country Store's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cracker Barrel Old Country Store Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.66 -6.35 47.04 22.45 19.90

Cracker Barrel Old Country Store Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.04 11.64 31.29 4.62 23.02

Competitive Comparison

For the Restaurants subindustry, Cracker Barrel Old Country Store's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cracker Barrel Old Country Store ROE % Distribution

For the Restaurants industry and Consumer Cyclical sector, Cracker Barrel Old Country Store's ROE % distribution charts can be found below:

* The bar in red indicates where Cracker Barrel Old Country Store's ROE % falls into.



Cracker Barrel Old Country Store ROE % Calculation

Cracker Barrel Old Country Store's annualized ROE % for the fiscal year that ended in Jul. 2023 is calculated as

ROE %=Net Income (A: Jul. 2023 )/( (Total Stockholders Equity (A: Jul. 2022 )+Total Stockholders Equity (A: Jul. 2023 ))/ count )
=99.05/( (511.479+483.825)/ 2 )
=99.05/497.652
=19.90 %

Cracker Barrel Old Country Store's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=106.136/( (460.252+461.967)/ 2 )
=106.136/461.1095
=23.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


Cracker Barrel Old Country Store  (NAS:CBRL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=106.136/461.1095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(106.136 / 3741.604)*(3741.604 / 2202.345)*(2202.345 / 461.1095)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.84 %*1.6989*4.7762
=ROA %*Equity Multiplier
=4.82 %*4.7762
=23.02 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=106.136/461.1095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (106.136 / 102.78) * (102.78 / 123.048) * (123.048 / 3741.604) * (3741.604 / 2202.345) * (2202.345 / 461.1095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0327 * 0.8353 * 3.29 % * 1.6989 * 4.7762
=23.02 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Cracker Barrel Old Country Store ROE % Related Terms

Thank you for viewing the detailed overview of Cracker Barrel Old Country Store's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Business Description

Traded in Other Exchanges
Address
305 Hartmann Drive, Lebanon, TN, USA, 37087-4779
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business.
Executives
Sandra B Cochran officer: Executive VP & CFO 305 HARTMANN DRIVE, LEBANON TN 37087
Julie D. Masino officer: CEO-elect C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jim Mark Spurgin officer: SVP Chief Supply Chain Officer 305 S. HARTMANN DRIVE, LEBANON TN 37087
William W. Moreton director 3630 SOUTH GEYER ROAD, SUITE 100, ST LOUIS MO 63127
Jody L Bilney director 2202 NORTH WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Cammie Schaefer officer: SVP Operations 305 HARTMANN DR, LEBANON TN 37087
Craig Pommells officer: SVP & CFO 305 HARTMANN DR, LEBANON TN 37087
Donna Roberts officer: SVP, Chief HR Officer 305 HARTMANN DR, LEBANON TN 37087
Darryl L Wade director 1208 SHARON PLACE, WINTER PARK FL 32789
Bruce Hoffmeister officer: SVP, Chief Information Officer 8546 ROBERTS ROAD, ELLICOTT CITY MD 21043
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Jennifer Tate officer: SVP & CMO 305 HARTMANN DRIVE, LEBANON TN 37087
Gilbert Raymond Davila director 15838 SEVILLE LANE, ENCINO CA 91436
Carl T Berquist director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Kara Jacobs officer: VP, Controller & PAO 305 HARTMANN DR, LEBANON TN 37087