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Stock research / United States / CALM · Agricultural Prod-Livestock & Animal Specialties · Nasdaq

Cal-Maine Foods Inc. (CALM)

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Cal-Maine Foods Inc. (CALM) reported revenue of $540 million for Q1 FY2027, the quarter ended 29 August 2026, down 41.5% on the same quarter a year earlier. Net income was -$59 million, and diluted earnings per share $-1.26. The figures are the company's own, from the 10-Q it filed with the SEC on 30 September 2026.

Revenue$540 milliondown 41.5%
Net income-$59 million
Diluted EPS$-1.26
QuarterQ1 FY2027ended 29 August 2026

Cal-Maine Foods (CALM) in brief

Cal-Maine Foods (CALM) reported revenue of $2.9 billion for fiscal 2026, the year ended 30 May 2026, down 31.7% on the year before.
Read moreNet income was $317 million and diluted earnings per share $6.63. Revenue was $4.3 billion in fiscal 2025, $2.3 billion in fiscal 2024, $3.1 billion in fiscal 2023 and $1.8 billion in fiscal 2022. Net income in the same years was $1.2 billion, $278 million, $758 million and $133 million. Over the twelve months to 29 August 2026, Cal-Maine Foods reported revenue of $2.5 billion and net income of $59 million. Revenue grew 16.6% a year, compounded, over the five years to fiscal 2026. Cal-Maine Foods declared $2.46 a share in dividends over the last four quarters and had 47 million shares outstanding at the latest filed count. At 29 August 2026 it carried $0 million of debt and $114 million of cash. At the close of 9 October 2026 the market cap of Cal-Maine Foods was $3.0 billion, 51.5 times its earnings over the last twelve months.

Ratios

From the filings

ROE2.3%
ROCE0.7%
Operating margin0.7%
Net margin2.3%
FCF margin-1.3%
Interest covern/a
Debt to equity0.00
Cash conversion1.70
Share count, 1 year0.0%
Sales CAGR, 3 years-2.5%
Profit CAGR, 3 years-25.2%
EPS, TTM$1.25

At the close of 9 October 2026

Price$64.34
Market cap$3.0 billion
Stock P/E51.47
Price to book1.17
EV / EBITDA19.67
Dividend yield3.8%
Market cap / sales1.19
52-week high$94.56
52-week low$62.68
Price, 1 year-29.7%
Price CAGR, 3 years10.7%
Price CAGR, 5 years13.1%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Cal-Maine Foods Inc.'s balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
CALMgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CALM

Filings19 in twelve months: 10 current reports (8-K), about 4 results of operations; 2 other events; 2 officer or director change; 2 regulation FD disclosure; 1 shareholder vote
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.5 by open interest at the 9 October 2026 close; the straddle prices a 4.3% move to 16 October 2026
13F holders7 of the followed funds hold it; largest Renaissance Technologies; 5 Schedule 13D or 13G filings in twelve months
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest5.5 million shares short, 4.04 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q2 FY2024Q3 FY2024Q4 FY2024Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *Q1 FY2027
Revenue5237036417869551,4181,104923769667553540
Cost of revenue432485454539599702572611562548519539
Gross profit91.121918624735671653231120711934.10.4
Gross margin17%31%29%31%37%51%48%34%27%18%6%0%
SG&A76.666.057.861.977.680.094.969.582.983.393.681.7
Operating income14.216314218727863643624912435.9-58.8-82.2
Operating margin3%23%22%24%29%45%39%27%16%5%-11%-15%
Pre-tax income22.118515219828966345326313658.2-46.5-74.2
Tax rate25%21%26%24%24%23%25%24%24%12%n/an/a
Net income17.014711315021950934219910350.5-35.9-58.6
Net margin3%21%18%19%23%36%31%22%13%8%-6%-11%
Diluted EPS$0.35$3.00$2.32$3.06$4.47$10.38$7.04$4.12$2.13$1.06-$0.68-$1.26
Operating cash flow50.016421411712357241327994.81042.8-101
Capital expenditure39.130.251.135.829.849.845.945.346.831.627.526.6
Free cash flow10.913416381.792.952236723347.972.0-24.7-128
Dividends paid0.35.748.937.850.073.016911466.434.316.80.0
Shares outstandingn/an/an/an/an/an/a47m47m48m47m47m47m
Filing10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025FY2026TTM
Revenue1,5761,9091,0751,5031,3611,3521,3491,7773,1462,3264,2622,9122,529
Cost of revenue1,1801,2611,0291,1421,1381,1721,1881,4401,9501,7852,4112,2402,167
Gross profit39664845.53612231801613371,1965421,851672361
Gross margin25.1%34.0%4.2%24.0%16.4%13.3%11.9%19.0%38.0%23.3%43.4%23.1%14.3%
Selling, general and administrative160178176179177178184199232253314329341
Operating income235472-13410145.81.3-26.31449683121,53735018.8
Operating margin14.9%24.7%-12.5%6.7%3.4%0.1%-1.9%8.1%30.8%13.4%36.1%12.0%0.7%
Interest expense2.31.20.30.30.60.50.20.40.60.50.6n/an/a
Pre-tax income247487-11411770.820.1-9.91669993601,60341173.5
Income tax84.3169-39.9-8.915.71.7-12.033.624283.738592.910.7
Effective tax rate34.2%34.7%n/a-7.6%22.2%8.6%n/a20.2%24.2%23.2%24.0%22.6%14.6%
Net income161316-74.312654.218.42.11337582781,22031758.7
Net margin10.2%16.6%-6.9%8.4%4.0%1.4%0.2%7.5%24.1%11.9%28.6%10.9%2.3%
Diluted EPS$3.33$6.53-$1.54$2.60$1.12$0.38$0.04$2.72$15.52$5.69$24.95$6.63$1.25
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2024FY2025FY2026Share
latest year
Conventional Shell Egg1,2272,7041,31045.0%
Specialty shell egg sales8631,1271,04936.0%
Other Segments Sales23642830810.6%
Prepared Foodsn/a4.02458.4%
Conventional Shell EggSpecialty shell egg salesOther Segments SalesPrepared Foods
2,326FY20244,262FY20252,912FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service

FY2024FY2025FY2026Share
latest year
Retail2,0423,6122,38982.1%
Foodservice27361245015.5%
Other11.138.272.02.5%
RetailFoodserviceOther
2,326FY20244,262FY20252,912FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025FY2026TTM
Operating cash flow195388n/a20011573.626.11268634511,22548099.8
Capital expenditure82.376.166.719.768.012495.172.4137147161151133
Free cash flow113312n/a18147.1-50.6-68.953.87263041,063329-32.8
Free cash flow margin7.2%16.4%n/a12.0%3.5%-3.7%-5.1%3.0%23.1%13.1%25.0%11.3%-1.3%
Cash from investingn/an/an/a-164-47.8-61.4-44.2-117-375-413-575-50416.5
Cash from financingn/an/an/a-5.7-46.5-3.4-2.7-7.5-254-93.8-387-363-254
Depreciation and amortisation40.744.649.154.054.658.159.568.472.280.294.0124128
Share-based compensation2.31.73.43.53.63.63.84.14.24.44.55.8n/a
Dividends paid48.91210.00.041.70.01.76.125291.9330232117
Dividend per sharen/an/a$0.00$351.00$0.51$0.00$0.03$0.87$5.16$1.89$8.32$2.46n/a
Diluted shares, weighted48m48m48m48m49m49m49m49m49m49m49m48m47m
Shares outstanding at period endn/an/an/a49m49m49m49m49mn/an/an/an/a47m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025FY2026TTM
Funded by
Shareholders' equity7049158439539871,0101,0131,1051,6111,8002,5612,6332,570
Non-controlling interest1.02.11.82.33.20.00.0-0.2-1.5-3.15.47.810.2
Debt50.925.610.96.12.3n/an/an/a0.00.00.00.00.0
Operating lease liabilitiesn/an/an/an/a0.01.71.00.5n/an/an/an/an/a
Finance lease liabilitiesn/an/an/an/a0.90.70.40.2n/an/an/an/an/a
Other liabilities173169178189163195215322345388519467433
Total liabilities and equity9291,1121,0331,1501,1561,2071,2291,4271,9552,1853,0853,1083,013
Owned
Fixed assets3593924584254555575896787458571,0271,3181,312
Goodwill29.229.235.535.535.535.535.544.044.045.846.897.197.1
Intangible assets7.65.029.126.323.822.820.318.115.916.015.273.196.6
Investments252362141286254157116119357574893817654
Cash and equivalents8.729.017.648.469.278.157.459.1293238499107114
Receivables99.062.061.380.757.185.079.1169111139244136176
Inventory146155161169172187218263284262296375395
Other assets27.577.113079.789.583.711376.910553.064.2183169
Total assets9291,1121,0331,1501,1561,2071,2291,4271,9552,1853,0853,1083,013
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded4.3%16.6%-2.5%-42.5%
Profit growth, compounded0.0%173.7%-25.2%-95.4%
Return on equity, average14.6%26.8%25.0%12.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Cal-Maine Foods' revenue in fiscal 2026?

Cal-Maine Foods (CALM) reported revenue of $2.9 billion for fiscal 2026, the year ended 30 May 2026, down 31.7% on the year before.

How much did Cal-Maine Foods earn in fiscal 2026?

Net income was $317 million for fiscal 2026, and diluted earnings per share $6.63.

What is Cal-Maine Foods' P/E ratio?

At the close of 9 October 2026, Cal-Maine Foods traded at 51.5 times its earnings over the twelve months to 29 August 2026.

What is Cal-Maine Foods' market cap?

The market cap of Cal-Maine Foods was $3.0 billion at the close of 9 October 2026.

Does Cal-Maine Foods pay a dividend?

Yes. Cal-Maine Foods declared $2.46 a share in dividends over the four quarters to 29 August 2026.

Peers: Agriculture

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Corteva, Inc. CTVA$8.8 billion8.764.0%n/a3.7%0.195.3%
Cal-Maine Foods Inc. CALM$3.0 billion51.472.3%0.7%-42.5%0.003.8%
DEL Monte Corp. DMC$1.4 billion41.511.7%1.8%-0.2%0.214.1%
No other company here shares its SEC industry code (Agricultural Prod-Livestock & Animal Specialties); these are the names nearest in size in its wider industry, Agriculture, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q29 August 202630 September 2026EDGAR
10-K30 May 202622 July 2026EDGAR
10-Q28 February 20261 April 2026EDGAR
10-Q29 November 20257 January 2026EDGAR
10-Q30 August 20251 October 2025EDGAR
10-K31 May 202522 July 2025EDGAR
10-Q1 March 20258 April 2025EDGAR
10-Q30 November 20247 January 2025EDGAR
10-Q31 August 20241 October 2024EDGAR
10-K1 June 202423 July 2024EDGAR

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