BLMN vs CBRL: Correlation
Bloomin' Brands, Inc. (BLMN) and Cracker Barrel Old Country Store, Inc. (CBRL) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLMN and CBRL?
On 3 years of weekly data the BLMN/CBRL correlation comes out at 0.50, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.50 over 3. The 5-year figure is 0.55, and annualized covariance runs at 1663.9 %².
Within BLMN's tracked universe of 20 assets, CBRL comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BLMN outperformed by 53.1 percentage points (+43.8% for BLMN against -9.3% for CBRL).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BLMN vs CBRL: side by side
| BLMN (Bloomin' Brands, Inc.) | CBRL (Cracker Barrel Old Country Store, Inc.) | |
|---|---|---|
| 1-year return | +43.8% | -9.3% |
| 5-year return | -53.9% | -52.2% |
| Volatility (ann.) | 61.1% | 55.0% |
| Beta vs S&P 500 | 1.23 | 0.96 |
| Max drawdown (3Y) | -80.5% | -68.0% |
| Market cap | $0.9B | $1.2B |
| P/E (trailing) | 32.6 | 51.0 |
| Dividend yield | 1.35% | 1.71% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLMN | CBRL |
|---|---|---|
| 2022 | -1.7% | -22.7% |
| 2023 | +45.5% | -14.0% |
| 2024 | -54.4% | -27.9% |
| 2025 | -46.6% | -50.9% |
| 2026 | +69.2% | +121.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLMN and CBRL good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BLMN and CBRL?
As of 2026-08-27, the correlation of weekly returns between BLMN and CBRL is 0.50 over 3 years, 0.44 over 1 year and 0.55 over 5 years.
Is CBRL a good diversifier for BLMN?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/blmn-vs-cbrl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/blmn-vs-cbrl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLMN correlations · CBRL correlations
