Cracker Barrel Old Country Store (NAS:CBRL) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Cracker Barrel Old Country Store had a gross margin of 31.89% for the quarter that ended in Apr. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Cracker Barrel Old Country Store Gross Margin % Related Terms
Cracker Barrel Old Country Store Gross Margin % Historical Data
* 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.
Cracker Barrel Old Country Store Gross Margin % Chart
CBRL vs BLMN, FWRG, KRUS: Gross Margin % Comparison
For the Restaurants subindustry, Cracker Barrel Old Country Store's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Cracker Barrel Old Country Store's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cracker Barrel Old Country Store's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Cracker Barrel Old Country Store (CBRL) has a Gross Margin % of 31.89% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cracker Barrel Old Country Store and its competitors. This is near median its historical median of 33.27. Over the past decade, Cracker Barrel Old Country Store's Gross Margin % has ranged from 31.61 to 34.78. According to the industry distribution chart, Cracker Barrel Old Country Store ranks #256 out of 359 companies in the Restaurants industry, placing it in the top 71.3%.
Is Cracker Barrel Old Country Store's Gross Margin % too high?
Cracker Barrel Old Country Store's current Gross Margin % of 31.89% is near median its 10-year median of 33.27. Over the past 10 years, this metric has ranged from a low of 31.61 to a high of 34.78. The Restaurants industry median Gross Margin % is 45.71. Cracker Barrel Old Country Store's value of 31.89% is 30.2% below this industry median. Based on the distribution chart, Cracker Barrel Old Country Store ranks #256 out of 359 companies in the Restaurants industry, which is below the industry midpoint. Overall, Cracker Barrel Old Country Store has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cracker Barrel Old Country Store's Gross Margin % compare to BLMN and FWRG?
According to the Restaurants industry distribution chart, Cracker Barrel Old Country Store ranks #256 out of 359 companies for Gross Margin %. This places Cracker Barrel Old Country Store in the lower half of its industry. The industry median Gross Margin % is 45.71. Cracker Barrel Old Country Store's value of 31.89% is 30.2% below this benchmark. Historically, Cracker Barrel Old Country Store's own Gross Margin % has ranged from 31.61 to 34.78 over the past decade. While the company's 10-year median is 33.27 vs. the industry median of 45.71, Cracker Barrel Old Country Store has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Restaurants company?
The median Gross Margin % among Restaurants companies is 45.71, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cracker Barrel Old Country Store's current Gross Margin % of 31.89% is 30.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Cracker Barrel Old Country Store and its competitors. For the Restaurants industry, the median Gross Margin % is 45.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cracker Barrel Old Country Store's current Gross Margin % is 31.89%, which is near median its own 10-year median of 33.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cracker Barrel Old Country Store stock overvalued right now?
Based on GuruFocus' analysis, Cracker Barrel Old Country Store (CBRL) is currently considered Fairly Valued. The stock's GF Value™ is $46.84, compared to a current price of $48.38 — trading 3.3% above its estimated fair value. The current Gross Margin % is 31.89%, which is near median its 10-year median of 33.27 and 30.2% below the Restaurants industry median of 45.71. Cracker Barrel Old Country Store's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Cracker Barrel Old Country Store (CBRL), the current Gross Margin % is 31.89% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cracker Barrel Old Country Store (CBRL) Overvalued in 2026?
Based on GuruFocus' analysis, Cracker Barrel Old Country Store stock appears to be overvalued.
The current stock price of $48.38 is trading 3.3% above its estimated GF Value™ of $46.84.
GuruFocus considers Cracker Barrel Old Country Store to be Fairly Valued.
Key valuation signals for CBRL:
Gross Margin %: 31.89% (near median its 10-year median of 33.27)
GF Value™: $46.84 vs. price of $48.38 (3.3% above fair value)
Industry Position: 30.2% below the Restaurants median (#256 of 359)
No single metric tells the full story. See the CBRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cracker Barrel Old Country Store Business Description
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. The Cracker Barrel stores consists of a restaurant with a gift shop. The restaurants serve breakfast, lunch and dinner. The gift shop offers a variety of decorative and functional items specializing in rocking chairs, holiday gifts, toys, apparel and foods.
64GF Score
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