CALM · Cal-Maine Foods Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.26B | $2.33B | $3.15B | $1.78B | $1.35B | $1.35B |
| Cost of Revenue | $2.41B | $1.78B | $1.95B | $1.44B | $1.19B | $1.17B |
| Gross Profit | $1.85B | $541.57M | $1.20B | $337.06M | $160.66M | $179.59M |
| R&D | - | - | - | - | - | - |
| SG&A | $314.45M | $252.63M | $232.21M | $198.63M | $183.94M | $176.24M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $94.02M | $80.24M | $72.23M | $68.39M | $59.48M | $58.10M |
| Operating Income | $1.54B | $312.45M | $967.73M | $143.54M | ($26.26M) | $1.27M |
| Interest Expense | $583.0K | $549.0K | $583.0K | $403.0K | $213.0K | $498.0K |
| Income Tax | $384.91M | $83.69M | $241.82M | $33.57M | ($12.01M) | $1.73M |
| Net Income | $1.22B | $277.89M | $758.02M | $132.65M | $2.06M | $18.39M |
| EPS - Basic | $25.04 | $5.70 | $15.58 | $2.73 | $0.04 | $0.38 |
| EPS - Diluted | $24.95 | $5.69 | $15.52 | $2.72 | $0.04 | $0.38 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $499.39M | $237.88M | $292.82M | $59.08M | $57.35M | $78.13M |
| Accounts Receivable | $244.08M | $138.55M | $110.98M | $169.11M | $79.07M | $84.98M |
| Inventory | $295.67M | $261.78M | $284.42M | $263.32M | $218.38M | $187.22M |
| Accounts Payable | $101.03M | $75.86M | $82.59M | $82.05M | $52.78M | $55.90M |
| Current Assets | $1.97B | $1.24B | $1.12B | $661.52M | $519.93M | $522.25M |
| Total Assets | $3.08B | $2.18B | $1.95B | $1.43B | $1.23B | $1.21B |
| Current Liabilities | $308.37M | $227.74M | $182.73M | $184.67M | $90.10M | $93.18M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $518.60M | $387.72M | $344.94M | $323.14M | $216.39M | $197.02M |
| Stockholders' Equity | $2.56B | $1.80B | $1.61B | $1.10B | $1.01B | $1.01B |
| Retained Earnings | $2.57B | $1.76B | $1.57B | $1.07B | $975.98M | $975.15M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.22B | $451.40M | $863.01M | $126.21M | $26.14M | $115.08M |
| Investing Cash Flow | ($575.47M) | ($412.59M) | ($375.11M) | ($117.02M) | ($44.19M) | ($163.85M) |
| Financing Cash Flow | ($386.72M) | ($93.76M) | ($254.16M) | ($7.46M) | ($2.72M) | ($5.70M) |
| CapEx | $161.25M | $147.12M | $136.57M | $72.40M | $95.07M | $124.18M |
| Free Cash Flow | $1.06B | $304.28M | $726.44M | $53.81M | ($68.93M) | ($9.09M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 43.4% | 23.3% | 38.0% | 19.0% | 11.9% | 13.3% |
| Operating margin | 36.1% | 13.4% | 30.8% | 8.1% | -1.9% | 0.1% |
| EBITDA margin | 38.3% | 16.9% | 33.1% | 11.9% | 2.5% | 4.4% |
| Net margin | 28.6% | 11.9% | 24.1% | 7.5% | 0.2% | 1.4% |
| Free cash flow margin | 25.0% | 13.1% | 23.1% | 3.0% | -5.1% | -0.7% |
| FCF / Net income | 0.87 | 1.09 | 0.96 | 0.41 | -33.46 | -0.49 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 7.4% | 10.9% | 7.4% | 11.2% | 13.6% | 13.0% |
| Effective tax rate | 24.0% | 23.1% | 24.2% | 20.2% | - | 8.6% |
| Return on assets | 39.6% | 12.7% | 38.8% | 9.3% | 0.2% | 1.5% |
| Return on equity | 47.6% | 15.4% | 47.1% | 12.0% | 0.2% | 1.8% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 6.38 | 5.45 | 6.16 | 3.58 | 5.77 | 5.60 |
| Quick ratio | 5.42 | 4.30 | 4.60 | 2.16 | 3.35 | 3.60 |
| Cash ratio | 1.62 | 1.04 | 1.60 | 0.32 | 0.64 | 0.84 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 2635.6x | 569.1x | 1659.9x | 356.2x | -123.3x | 2.5x |
| Equity multiplier | 1.20 | 1.21 | 1.21 | 1.29 | 1.21 | 1.20 |
| Liabilities / Assets | 0.17 | 0.18 | 0.18 | 0.23 | 0.18 | 0.16 |
| Efficiency | ||||||
| Asset turnover | 1.38 | 1.06 | 1.61 | 1.24 | 1.10 | 1.12 |
| Inventory turnover | 8.15 | 6.82 | 6.86 | 5.47 | 5.44 | 6.26 |
| Days sales outstanding | 21d | 22d | 13d | 35d | 21d | 23d |
| Days inventory outstanding | 45d | 54d | 53d | 67d | 67d | 58d |
| Days payable outstanding | 15d | 16d | 15d | 21d | 16d | 17d |
| Cash conversion cycle | 50d | 60d | 51d | 81d | 72d | 64d |
| Valuation | ||||||
| P / E | 3.8x | 10.8x | 3.1x | 17.5x | 872.7x | 117.3x |
| P / B | 1.8x | 1.7x | 1.4x | 2.1x | 1.7x | 2.1x |
| P / S | 1.1x | 1.3x | 0.7x | 1.3x | 1.3x | 1.6x |
| EV / EBITDA | 2.6x | 7.1x | 2.0x | 10.7x | 49.4x | 35.1x |
| Growth | ||||||
| Revenue growth (YoY) | 83.2% | -26.1% | 77.0% | 31.5% | 0.0% | 25.8% |
| Revenue CAGR (3y) | 33.9% | 19.8% | 32.5% | 18.3% | -3.5% | 7.9% |
| Revenue CAGR (5y) | 25.8% | 16.7% | 15.9% | 10.6% | -6.7% | -3.0% |
| Gross profit growth (YoY) | 241.8% | -54.7% | 255.0% | 109.8% | -10.5% | -19.4% |
| Operating income growth (YoY) | 391.8% | -67.7% | 574.2% | - | - | -97.2% |
| Net income growth (YoY) | 339.0% | -63.3% | 471.4% | 6339.3% | -88.8% | -66.1% |
| EPS growth (YoY) | 338.5% | -63.3% | 470.6% | 6700.0% | -89.5% | -66.1% |
| EPS CAGR (3y) | 109.3% | 422.0% | 244.4% | 34.4% | -75.1% | - |
| EPS CAGR (5y) | 130.9% | 38.4% | 42.9% | - | -63.9% | -35.2% |
| FCF growth (YoY) | 249.5% | -58.1% | 1250.0% | - | -658.1% | - |
| FCF CAGR (5y) | - | 45.2% | 32.1% | - | - | - |
| Book value growth (YoY) | 42.2% | 11.7% | 45.9% | 9.1% | 0.3% | 2.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-05-31.
Product / service
$8.52B totalRetail$3.61B · 42.4%
Non Specialty Shell Egg Sales$2.84B · 33.3%
Specialty Shell Egg Sales$1.18B · 13.9%
Food And Beverage$608.17M · 7.1%
Egg Products$198.83M · 2.3%
Other$43.14M · 0.5%
Service Other$39.89M · 0.5%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
6.09
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Agricultural Prod-Livestock & Animal Specialties
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| NCRA | $17.01M | -16.9% | 653.5% |
Comparing CAL-MAINE FOODS INC against the 1 most active filer in the same SIC group.
Dividends
$4.80/share trailing 12 months · -28.7% YoY
| Ex-date | Per share |
|---|---|
| Apr 29, 2026 | $0.3550 |
| Jan 28, 2026 | $0.7190 |
| Oct 29, 2025 | $1.3710 |
| Aug 4, 2025 | $2.3540 |
| Apr 30, 2025 | $3.4560 |
| Jan 29, 2025 | $1.4890 |
| Oct 30, 2024 | $1.0190 |
| Aug 5, 2024 | $0.7700 |
| Apr 30, 2024 | $0.9970 |
| Jan 30, 2024 | $0.1160 |
| Oct 31, 2023 | $0.0060 |
| Aug 4, 2023 | $0.7550 |
| Apr 25, 2023 | $2.1990 |
| Jan 24, 2023 | $1.3510 |
| Oct 25, 2022 | $0.8530 |
| Jul 29, 2022 | $0.7490 |
| Apr 26, 2022 | $0.1250 |
| Apr 27, 2021 | $0.0340 |
| Apr 30, 2019 | $0.2720 |
| Jan 29, 2019 | $0.1490 |
| Oct 30, 2018 | $0.0850 |
| Aug 3, 2018 | $0.3510 |
| Apr 25, 2016 | $0.4410 |
| Jan 25, 2016 | $0.7510 |