Cal-Maine Foods (CALM) Financials

$78.01 -1.50 (-1.89%)

Closing price 04:00 PM Eastern

Extended Trading

$77.69 -0.32 (-0.41%)

As of 06:12 PM Eastern

Annual Income Statements for Cal-Maine Foods

This table shows Cal-Maine Foods' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024	5/31/2025
Net Income / (Loss) Attributable to Common Shareholders	161	316	-74	126	54	18	2.06	133	758	278	1,220
Consolidated Net Income / (Loss)	162	318	-74	126	55	18	2.06	132	757	276	1,218
Net Income / (Loss) Continuing Operations	162	318	-74	126	55	18	2.06	132	757	276	1,218
Total Pre-Tax Income	247	487	-114	117	71	20	-9.95	166	999	360	1,603
Total Operating Income	235	472	-134	101	46	1.27	-26	144	968	312	1,537
Total Gross Profit	396	648	46	361	223	180	161	337	1,196	542	1,851
Total Revenue	1,576	1,909	1,075	1,503	1,361	1,352	1,349	1,787	3,156	2,338	4,262
Operating Revenue	1,576	1,909	1,075	1,503	1,361	1,352	1,349	1,787	3,156	2,338	4,262
Total Cost of Revenue	1,180	1,261	1,029	1,142	1,138	1,172	1,188	1,440	1,950	1,785	2,411
Operating Cost of Revenue	1,180	1,261	1,029	1,142	1,138	1,172	1,188	1,440	1,950	1,785	2,411
Total Operating Expenses	161	176	180	261	177	178	187	199	232	253	314
Selling, General & Admin Expense	160	178	176	179	177	178	184	199	232	253	314
Other Operating Expenses / (Income)	-	-	-	-	-	-	-	-	-	-	0.16
Other Special Charges / (Income)	0.57	-1.56	3.66	81	0.03	0.08	2.98	0.38	-0.13	0.03	-0.26
Total Other Income / (Expense), net	12	15	20	17	25	19	16	18	24	60	55
Interest Expense	2.31	1.16	0.32	0.27	0.64	0.50	0.21	0.40	0.58	0.55	0.61
Interest & Investment Income	11	16	12	16	13	5.50	3.45	2.93	19	34	55
Other Income / (Expense), net	2.75	0.27	8.01	1.60	13	14	13	15	5.21	27	1.13
Income Tax Expense	84	169	-40	-8.86	16	1.73	-12	34	242	84	385
Net Income / (Loss) Attributable to Noncontrolling Interest	1.03	2.01	-0.15	0.26	0.83	-0.06	0.00	-0.21	-1.29	-1.61	-1.82
Basic Earnings per Share	$3.35	$6.56	($1.54)	$2.60	$1.12	$0.38	$0.04	$2.73	$15.58	$5.70	$25.04
Weighted Average Basic Shares Outstanding	48.14M	48.20M	48.36M	48.35M	48.47M	48.47M	48.52M	48.58M	48.65M	48.72M	48.72M
Diluted Earnings per Share	$3.33	$6.53	($1.54)	$2.60	$1.12	$0.38	$0.04	$2.72	$15.52	$5.69	$24.95
Weighted Average Diluted Shares Outstanding	48.44M	48.37M	48.36M	48.47M	48.59M	48.58M	48.66M	48.73M	48.83M	48.87M	48.89M
Weighted Average Basic & Diluted Shares Outstanding	48.10M	48.20M	48.20M	48.40M	48.40M	48.30M	48.86M	48.94M	48.98M	49.04M	48.50M
Cash Dividends to Common per Share	-	-	$0.00	$0.35	$0.51	$0.00	$0.03	$0.87	$5.16	$1.89	$11,197,000.00

This table shows Cal-Maine Foods' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/2/2023	12/2/2023	3/2/2024	6/1/2024	8/31/2024	11/30/2024	3/1/2025	5/31/2025	8/30/2025	11/29/2025	2/28/2026
Net Income / (Loss) Attributable to Common Shareholders	0.93	17	147	113	150	219	509	342	199	103	50
Consolidated Net Income / (Loss)	0.41	17	146	113	150	218	508	342	199	103	51
Net Income / (Loss) Continuing Operations	0.41	17	146	113	150	218	508	342	199	103	51
Total Pre-Tax Income	0.73	22	185	152	198	289	663	453	263	136	58
Total Operating Income	-6.76	14	163	142	187	278	636	436	249	124	36
Total Gross Profit	45	91	219	186	247	356	716	532	311	207	119
Total Revenue	459	523	714	641	786	955	1,418	1,104	923	769	667
Operating Revenue	459	523	714	641	786	955	1,418	1,104	923	769	667
Total Cost of Revenue	414	432	485	454	539	599	702	572	611	562	548
Operating Cost of Revenue	414	432	485	454	539	599	702	572	611	562	548
Total Operating Expenses	52	77	66	58	60	78	80	96	62	84	83
Selling, General & Admin Expense	52	77	66	58	62	78	80	95	70	83	83
Other Operating Expenses / (Income)	-	-	-	-	0.15	0.01	0.00	-	-7.49	0.00	-0.48
Other Special Charges / (Income)	-0.06	0.32	-0.31	0.07	-1.82	0.34	0.48	0.59	0.10	0.63	0.52
Total Other Income / (Expense), net	7.49	7.88	21	23	11	11	27	6.15	14	12	22
Interest Expense	-7.35	-6.99	-7.55	22	-9.79	-9.77	-13	33	-13	-12	-11
Other Income / (Expense), net	0.14	0.90	13	15	1.21	1.13	15	-16	1.23	-0.06	11
Income Tax Expense	0.32	5.54	39	39	48	71	155	111	64	33	7.07
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.52	-0.43	-0.35	-0.31	-0.39	-0.71	-0.38	-0.35	-0.23	0.17	0.66
Basic Earnings per Share	$0.02	$0.35	$3.01	$2.32	$3.08	$4.49	$10.42	$7.05	$4.13	$2.14	$1.07
Weighted Average Basic Shares Outstanding	48.69M	48.69M	48.73M	48.72M	48.76M	48.77M	48.80M	48.72M	48.28M	48.02M	47.30M
Diluted Earnings per Share	$0.02	$0.35	$3.00	$2.32	$3.06	$4.47	$10.38	$7.04	$4.12	$2.13	$1.06
Weighted Average Diluted Shares Outstanding	48.84M	48.87M	48.88M	48.87M	48.93M	48.97M	48.97M	48.89M	48.42M	48.17M	47.41M
Weighted Average Basic & Diluted Shares Outstanding	48.98M	48.98M	49.04M	49.04M	49.04M	49.04M	49.05M	48.50M	48.50M	47.65M	47.38M
Cash Dividends to Common per Share	$0.00	$0.00	$1.00	$0.89	$1.02	$1.49	$3.46	$11,196,996.54	$1.37	$0.72	$0.36

This table details how cash moves in and out of Cal-Maine Foods' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024	5/31/2025
Net Change in Cash & Equivalents	-5.85	20	-11	31	21	8.88	-21	1.73	234	-55	263
Net Cash From Operating Activities	195	388	-46	200	115	74	26	126	863	451	1,225
Net Cash From Continuing Operating Activities	195	388	-46	200	115	74	26	126	863	451	1,225
Net Income / (Loss) Continuing Operations	162	318	-74	126	55	18	2.06	132	757	276	1,218
Consolidated Net Income / (Loss)	162	318	-74	126	55	18	2.06	132	757	276	1,218
Depreciation Expense	41	45	49	54	55	58	59	68	72	80	94
Non-Cash Adjustments To Reconcile Net Income	-0.15	-4.29	5.69	0.42	-1.12	7.43	7.65	4.06	4.21	9.86	20
Changes in Operating Assets and Liabilities, net	-7.51	24	-30	18	5.54	-10	-44	-79	30	85	-107
Net Cash From Investing Activities	-142	-219	53	-164	-48	-61	-44	-117	-375	-413	-575
Net Cash From Continuing Investing Activities	-142	-219	53	-164	-48	-61	-44	-117	-375	-413	-575
Purchase of Property, Plant & Equipment	-82	-76	-67	-20	-68	-124	-95	-72	-137	-147	-161
Acquisitions	0.00	0.00	-86	-4.10	-22	-45	0.00	-48	-1.67	-54	-116
Purchase of Investments	-203	-403	-30	-275	-177	-107	-88	-98	-531	-574	-1,214
Sale of Property, Plant & Equipment	4.52	8.29	6.67	0.96	1.58	3.31	3.39	0.69	0.58	0.27	3.88
Sale and/or Maturity of Investments	147	286	248	134	218	211	136	93	293	362	912
Other Investing Activities, net	-8.16	-34	-20	-	-	-	0.00	7.66	0.00	0.00	0.00
Net Cash From Financing Activities	-60	-149	-18	-5.70	-46	-3.36	-2.72	-7.46	-254	-94	-387
Net Cash From Continuing Financing Activities	-60	-149	-18	-5.70	-46	-3.36	-2.72	-7.46	-254	-94	-387
Repayment of Debt	-10	-25	-17	-4.85	-3.75	-1.50	-0.21	-0.22	0.00	0.00	-2.48
Repurchase of Common Equity	-	-	-	-	-0.99	-	-0.87	-1.13	-1.64	-1.69	-54
Payment of Dividends	-50	-122	-0.07	0.28	-42	-0.76	-1.65	-6.12	-252	-92	-330
Issuance of Common Equity	-	-	-	-	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Other Financing Activities, net	0.53	-1.76	-1.72	-1.13	0.00	-1.11	-	-	-0.22	-0.21	0.00
Cash Interest Paid	2.31	1.07	0.32	0.27	0.64	0.50	0.51	0.00	0.00	0.00	0.00
Cash Income Taxes Paid	76	167	-15	-45	36	0.03	1.00	1.75	258	35	426

This table details how cash moves in and out of Cal-Maine Foods' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/2/2023	12/2/2023	3/2/2024	6/1/2024	8/31/2024	11/30/2024	3/1/2025	5/31/2025	8/30/2025	11/29/2025	2/28/2026
Net Change in Cash & Equivalents	68	1.44	5.34	-129	-56	-41	357	3.18	-245	117	23
Net Cash From Operating Activities	24	50	164	214	117	123	572	413	279	95	104
Net Cash From Continuing Operating Activities	24	50	164	214	117	123	572	413	279	95	104
Net Income / (Loss) Continuing Operations	0.41	17	146	113	150	218	508	342	199	103	51
Consolidated Net Income / (Loss)	0.41	17	146	113	150	218	508	342	199	103	51
Depreciation Expense	19	20	20	21	22	24	24	25	30	30	31
Changes in Operating Assets and Liabilities, net	3.61	14	-2.17	70	-54	-119	40	27	50	-38	22
Net Cash From Investing Activities	81	-48	-151	-294	-136	-112	-138	-190	-410	164	-20
Net Cash From Continuing Investing Activities	81	-48	-151	-294	-136	-112	-138	-190	-410	164	-20
Purchase of Property, Plant & Equipment	-27	-39	-30	-51	-36	-30	-50	-46	-45	-47	-32
Purchase of Investments	-28	-15	-200	-330	-202	-299	-312	-400	-270	-75	-158
Sale of Property, Plant & Equipment	0.07	0.08	0.09	0.03	3.95	0.06	-0.35	0.23	0.05	0.08	0.06
Sale and/or Maturity of Investments	136	60	78	88	210	217	228	257	181	309	169
Net Cash From Financing Activities	-37	-0.45	-7.37	-49	-38	-53	-77	-219	-114	-141	-60
Net Cash From Continuing Financing Activities	-37	-0.45	-7.37	-49	-38	-53	-77	-219	-114	-141	-60
Repurchase of Common Equity	-	-	-1.68	-	-0.03	-0.03	-3.89	-50	-0.02	-75	-26
Payment of Dividends	-37	-0.29	-5.69	-49	-38	-50	-73	-169	-114	-66	-34

This table presents Cal-Maine Foods' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024	5/31/2025
Total Assets	929	1,112	1,033	1,150	1,156	1,207	1,229	1,427	1,955	2,185	3,085
Total Current Assets	509	626	436	588	568	522	520	662	1,125	1,242	1,968
Cash & Equivalents	8.67	29	18	48	69	78	57	59	293	238	499
Short-Term Investments	250	361	138	283	250	-	112	115	355	574	893
Accounts Receivable	102	67	65	86	62	88	211	177	120	152	259
Inventories, net	146	155	161	169	172	187	218	263	284	262	296
Prepaid Expenses	2.10	2.66	2.29	2.02	4.33	4.37	5.41	4.29	5.38	5.24	7.98
Current Deferred & Refundable Income Taxes	-	12	53	0.00	9.75	9.88	43	42	67	10	13
Plant, Property, & Equipment, net	359	392	458	425	455	557	589	678	745	857	1,027
Total Noncurrent Assets	61	93	139	138	133	127	119	88	85	86	90
Long-Term Investments	19	54	66	67	68	61	55	16	14	11	11
Goodwill	29	29	36	36	36	36	36	44	44	46	47
Intangible Assets	7.56	4.96	29	26	24	23	20	18	16	16	15
Other Noncurrent Operating Assets	5.30	5.08	8.30	8.91	5.39	7.07	8.49	11	11	13	17
Total Liabilities & Shareholders' Equity	929	1,112	1,033	1,150	1,156	1,207	1,229	1,427	1,955	2,185	3,085
Total Liabilities	224	194	189	195	166	197	216	323	345	388	519
Total Current Liabilities	102	83	65	108	75	93	90	185	183	228	308
Accounts Payable	45	36	31	38	39	56	53	82	83	76	134
Dividends Payable	15	-	0.00	17	-	-	0.00	37	37	38	114
Current Employee Benefit Liabilities	17	23	16	19	23	23	24	26	39	33	60
Total Noncurrent Liabilities	123	111	124	87	92	104	126	138	162	160	210
Noncurrent Deferred & Payable Income Tax Liabilities	76	95	110	76	83	93	114	128	152	143	155
Other Noncurrent Operating Liabilities	5.75	6.32	7.53	8.32	8.11	10	10	10	10.00	17	56
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	705	917	844	956	990	1,009	1,013	1,104	1,610	1,797	2,566
Total Preferred & Common Equity	704	915	843	953	987	1,009	1,013	1,105	1,611	1,800	2,561
Total Common Equity	703	915	843	953	986	1,009	1,013	1,104	1,611	1,800	2,561
Common Stock	43	47	51	54	57	60	65	68	73	77	82
Retained Earnings	680	890	816	925	955	975	976	1,066	1,571	1,756	2,566
Treasury Stock	-20	-22	-24	-25	-26	-27	-27	-28	-30	-32	-86
Accumulated Other Comprehensive Income / (Loss)	0.02	-0.05	-0.13	-0.69	0.36	0.08	-0.56	-1.60	-2.89	-1.77	-1.01
Noncontrolling Interest	1.00	2.09	1.81	2.35	3.18	-	0.00	-0.21	-1.50	-3.10	5.39

This table presents Cal-Maine Foods' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	11/26/2022	2/25/2023	9/2/2023	12/2/2023	3/2/2024	8/31/2024	11/30/2024	3/1/2025	8/30/2025	11/29/2025	2/28/2026
Total Assets	1,763	1,992	1,900	1,967	2,134	2,390	2,490	3,082	3,196	3,144	3,139
Total Current Assets	974	1,193	1,064	1,064	1,218	1,343	1,425	1,983	1,847	1,754	1,749
Cash & Equivalents	179	222	360	362	367	182	140	497	252	369	392
Short-Term Investments	201	423	250	206	328	572	657	743	1,001	770	760
Accounts Receivable	263	207	125	165	213	272	307	418	243	235	185
Inventories, net	281	291	281	287	269	293	299	307	328	341	349
Prepaid Expenses	8.97	7.60	14	9.67	6.88	14	10	7.22	19	12	14
Current Deferred & Refundable Income Taxes	42	43	34	34	34	10	10	10	3.07	27	50
Plant, Property, & Equipment, net	704	713	753	815	827	960	976	1,005	1,196	1,219	1,221
Total Noncurrent Assets	86	87	84	87	89	86	90	93	154	171	169
Long-Term Investments	15	16	14	14	16	12	11	13	11	9.98	9.18
Goodwill	44	44	44	46	46	46	46	47	76	87	87
Intangible Assets	17	16	15	17	17	16	16	16	50	55	53
Other Noncurrent Operating Assets	9.82	9.97	10	10	11	13	17	17	17	19	19
Total Liabilities & Shareholders' Equity	1,763	1,992	1,900	1,967	2,134	2,390	2,490	3,082	3,196	3,144	3,139
Total Liabilities	443	458	289	343	413	491	439	694	494	446	432
Total Current Liabilities	307	313	126	154	216	325	261	514	270	219	213
Accounts Payable	155	139	118	119	111	150	138	190	137	155	160
Dividends Payable	66	108	0.29	5.68	49	50	73	170	66	34	17
Current Employee Benefit Liabilities	-	-	-	20	26	19	29	47	26	29	37
Total Noncurrent Liabilities	137	145	163	189	197	166	178	180	225	227	219
Noncurrent Deferred & Payable Income Tax Liabilities	127	135	153	158	166	129	129	128	169	170	185
Other Noncurrent Operating Liabilities	9.41	9.72	9.93	31	31	37	49	52	56	58	35
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,320	1,535	1,611	1,624	1,721	1,899	2,051	2,388	2,702	2,698	2,707
Total Preferred & Common Equity	1,321	1,536	1,613	1,626	1,724	1,903	2,045	2,382	2,697	2,691	2,700
Total Common Equity	1,321	1,536	1,613	1,626	1,724	1,903	2,045	2,382	2,697	2,691	2,700
Common Stock	71	72	74	75	76	78	79	80	83	84	85
Retained Earnings	1,282	1,497	1,572	1,583	1,681	1,856	1,999	2,338	2,699	2,767	2,801
Treasury Stock	-28	-30	-30	-30	-32	-32	-32	-35	-86	-161	-187
Accumulated Other Comprehensive Income / (Loss)	-3.09	-3.07	-2.29	-1.61	-1.51	-0.47	-0.91	-0.76	0.95	1.33	1.40
Noncontrolling Interest	-0.65	-1.10	-2.01	-2.44	-2.79	-3.49	6.12	5.74	5.16	6.31	6.96

This table displays calculated financial ratios and metrics derived from Cal-Maine Foods' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	5/30/2015	5/28/2016	6/3/2017	6/2/2018	6/1/2019	5/30/2020	5/29/2021	5/28/2022	6/3/2023	6/1/2024	5/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.38%	21.10%	-43.70%	39.87%	-9.43%	-0.70%	-0.19%	32.49%	76.61%	-25.94%	82.31%
EBITDA Growth	44.87%	88.10%	-114.07%	314.35%	-27.57%	-35.72%	-35.79%	381.64%	359.93%	-59.89%	289.18%
EBIT Growth	53.39%	98.79%	-126.72%	180.95%	-42.51%	-74.34%	-187.55%	1,304.68%	512.49%	-65.15%	353.55%
NOPAT Growth	55.94%	99.33%	-130.49%	215.11%	-67.06%	-96.74%	-1,685.59%	722.85%	540.45%	-67.30%	386.89%
Net Income Growth	47.79%	95.99%	-123.40%	269.56%	-56.37%	-66.71%	-88.76%	6,329.17%	471.37%	-63.49%	340.94%
EPS Growth	47.35%	96.10%	-123.58%	268.83%	-56.92%	-66.07%	-89.47%	6,700.00%	470.59%	-63.34%	338.49%
Operating Cash Flow Growth	57.63%	98.86%	-111.82%	536.46%	-42.58%	-36.04%	-64.49%	382.89%	583.79%	-47.69%	171.32%
Free Cash Flow Firm Growth	290.29%	170.80%	-175.58%	170.46%	-92.89%	-2,417.17%	75.72%	225.48%	767.57%	-69.58%	323.55%
Invested Capital Growth	9.56%	1.23%	26.89%	-8.32%	4.16%	43.96%	5.27%	3.69%	3.51%	2.73%	26.28%
Revenue Q/Q Growth	2.03%	-4.98%	-2.58%	12.63%	-10.67%	14.66%	-7.13%	15.75%	3.47%	-2.42%	12.18%
EBITDA Q/Q Growth	9.17%	-10.43%	-56.10%	398.75%	-51.08%	264.82%	-67.74%	277.40%	-1.86%	7.22%	19.75%
EBIT Q/Q Growth	10.59%	-12.67%	-33.76%	562.44%	-67.23%	114.87%	-115.21%	2,806.58%	-2.16%	8.37%	20.88%
NOPAT Q/Q Growth	8.77%	-12.64%	-42.76%	632.80%	-71.73%	101.57%	-134.95%	407.62%	-0.84%	1.11%	23.66%
Net Income Q/Q Growth	9.86%	-12.77%	-48.52%	327.94%	-62.47%	129.71%	-96.91%	622.58%	0.09%	0.87%	23.17%
EPS Q/Q Growth	9.18%	-13.16%	-48.08%	326.23%	-62.79%	129.69%	-97.10%	635.14%	0.00%	1.07%	23.33%
Operating Cash Flow Q/Q Growth	3.12%	-0.83%	-2,961.20%	27.34%	-22.73%	560.72%	-79.06%	291.58%	6.30%	14.54%	19.43%
Free Cash Flow Firm Q/Q Growth	20.61%	-3.48%	-35.15%	170.95%	-82.46%	-33.65%	-647.17%	145.83%	3.53%	33.09%	29.00%
Invested Capital Q/Q Growth	0.71%	-5.70%	0.16%	5.05%	-1.41%	18.00%	17.70%	3.59%	0.30%	-4.48%	-2.05%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	25.11%	33.95%	4.24%	24.02%	16.37%	13.29%	11.91%	18.86%	37.91%	23.17%	43.43%
EBITDA Margin	17.65%	27.42%	-6.85%	10.50%	8.40%	5.44%	3.50%	12.71%	33.11%	17.93%	38.29%
Operating Margin	14.90%	24.72%	-12.48%	6.69%	3.36%	0.09%	-1.95%	8.03%	30.66%	13.37%	36.05%
EBIT Margin	15.07%	24.74%	-11.74%	6.79%	4.31%	1.11%	-0.98%	8.89%	30.82%	14.50%	36.08%
Profit (Net Income) Margin	10.30%	16.66%	-6.93%	8.40%	4.05%	1.36%	0.15%	7.41%	23.97%	11.82%	28.58%
Tax Burden Percent	65.82%	65.27%	65.12%	107.55%	77.77%	91.37%	-20.71%	79.78%	75.78%	76.75%	75.99%
Interest Burden Percent	103.80%	103.20%	90.61%	114.92%	120.63%	133.19%	75.45%	104.51%	102.63%	106.18%	104.26%
Effective Tax Rate	34.18%	34.73%	0.00%	-7.55%	22.23%	8.63%	0.00%	20.22%	24.22%	23.25%	24.01%
Return on Invested Capital (ROIC)	32.75%	62.05%	-16.57%	17.80%	6.00%	0.16%	-2.06%	12.26%	75.79%	24.03%	102.06%
ROIC Less NNEP Spread (ROIC-NNEP)	28.39%	58.86%	-22.77%	11.61%	0.88%	-6.42%	-19.58%	-2.14%	69.79%	18.86%	97.18%
Return on Net Nonoperating Assets (RNNOA)	-7.77%	-22.84%	8.13%	-3.78%	-0.34%	1.68%	2.26%	0.25%	-20.02%	-7.81%	-46.21%
Return on Equity (ROE)	24.98%	39.22%	-8.45%	14.02%	5.66%	1.83%	0.20%	12.51%	55.77%	16.22%	55.84%
Cash Return on Invested Capital (CROIC)	23.63%	60.83%	-40.28%	26.47%	1.93%	-35.88%	-7.19%	8.64%	72.34%	21.34%	78.83%
Operating Return on Assets (OROA)	27.30%	46.28%	-11.76%	9.35%	5.09%	1.27%	-1.08%	11.96%	57.54%	16.38%	58.36%
Return on Assets (ROA)	18.65%	31.17%	-6.94%	11.56%	4.77%	1.55%	0.17%	9.97%	44.75%	13.35%	46.24%
Return on Common Equity (ROCE)	24.92%	39.13%	-8.43%	13.99%	5.64%	1.83%	0.20%	12.51%	55.79%	16.24%	55.81%
Return on Equity Simple (ROE_SIMPLE)	23.07%	34.75%	-8.83%	13.24%	5.58%	1.82%	0.20%	11.99%	46.97%	15.35%	47.58%
Net Operating Profit after Tax (NOPAT)	155	308	-94	108	36	1.16	-18	115	733	240	1,168
NOPAT Margin	9.80%	16.14%	-8.74%	7.19%	2.62%	0.09%	-1.36%	6.41%	23.23%	10.26%	27.40%
Net Nonoperating Expense Percent (NNEP)	4.36%	3.19%	6.20%	6.18%	5.13%	6.57%	17.52%	14.40%	6.00%	5.17%	4.88%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	45.50%
Cost of Revenue to Revenue	74.89%	66.05%	95.76%	75.98%	83.63%	86.71%	88.09%	80.57%	61.77%	76.35%	56.57%
SG&A Expenses to Revenue	10.18%	9.31%	16.38%	11.93%	13.01%	13.19%	13.64%	11.11%	7.36%	10.81%	7.38%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.21%	9.23%	16.72%	17.34%	13.01%	13.19%	13.86%	11.14%	7.35%	10.81%	7.38%
Earnings before Interest and Taxes (EBIT)	238	472	-126	102	59	15	-13	159	973	339	1,538
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	278	523	-74	158	114	73	47	227	1,045	419	1,632
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.16	2.06	1.88	2.02	1.58	1.86	1.46	1.85	1.38	1.66	1.84
Price to Tangible Book Value (P/TBV)	3.34	2.14	2.04	2.16	1.68	1.98	1.54	1.96	1.43	1.72	1.88
Price to Revenue (P/Rev)	1.41	0.99	1.48	1.28	1.15	1.39	1.09	1.14	0.70	1.28	1.10
Price to Earnings (P/E)	13.79	5.96	0.00	15.32	28.75	102.19	716.62	15.41	2.93	10.76	3.86
Dividend Yield	2.20%	6.43%	0.00%	0.00%	2.68%	0.00%	0.11%	0.30%	11.35%	3.07%	7.06%
Earnings Yield	7.25%	16.79%	0.00%	6.53%	3.48%	0.98%	0.14%	6.49%	34.10%	9.29%	25.93%
Enterprise Value to Invested Capital (EV/IC)	4.05	2.94	2.18	2.65	1.95	2.00	1.37	1.95	1.58	2.14	2.59
Enterprise Value to Revenue (EV/Rev)	1.27	0.77	1.28	1.02	0.87	1.29	0.93	1.04	0.49	0.93	0.78
Enterprise Value to EBITDA (EV/EBITDA)	7.18	2.80	0.00	9.76	10.30	23.69	26.58	8.16	1.49	5.16	2.03
Enterprise Value to EBIT (EV/EBIT)	8.41	3.11	0.00	15.08	20.06	115.59	0.00	11.67	1.60	6.38	2.15
Enterprise Value to NOPAT (EV/NOPAT)	12.93	4.76	0.00	14.25	33.07	1,501.49	0.00	16.20	2.13	9.03	2.83
Enterprise Value to Operating Cash Flow (EV/OCF)	10.23	3.77	0.00	7.68	10.23	23.65	47.98	14.69	1.81	4.80	2.70
Enterprise Value to Free Cash Flow (EV/FCFF)	17.92	4.86	0.00	9.58	103.00	0.00	0.00	22.98	2.23	10.17	3.67
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.07	0.03	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.06	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.27	-0.39	-0.36	-0.33	-0.39	-0.26	-0.12	-0.12	-0.29	-0.41	-0.48
Leverage Ratio	1.34	1.26	1.22	1.21	1.19	1.18	1.20	1.25	1.25	1.22	1.21
Compound Leverage Factor	1.39	1.30	1.10	1.39	1.43	1.57	0.91	1.31	1.28	1.29	1.26
Debt to Total Capital	6.73%	2.71%	1.28%	0.63%	0.24%	0.06%	0.21%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	1.33%	1.73%	0.56%	0.37%	0.15%	0.00%	0.07%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	5.40%	0.98%	0.71%	0.27%	0.09%	0.06%	0.15%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.13%	0.22%	0.21%	0.24%	0.32%	0.00%	0.00%	-0.02%	-0.09%	-0.17%	0.21%
Common Equity to Total Capital	93.04%	97.07%	98.50%	99.12%	99.37%	99.94%	99.79%	99.95%	100.09%	100.13%	99.79%
Debt to EBITDA	0.18	0.05	-0.15	0.04	0.02	0.01	0.05	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-0.81	-0.80	2.86	-2.48	-3.36	-1.88	-4.71	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.15	0.02	-0.08	0.02	0.01	0.01	0.03	0.00	0.00	0.00	0.00
Debt to NOPAT	0.33	0.08	-0.12	0.06	0.07	0.56	-0.12	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-1.47	-1.36	2.25	-3.62	-10.80	-119.41	12.09	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.26	0.03	-0.07	0.02	0.02	0.56	-0.08	0.00	0.00	0.00	0.00
Altman Z-Score	10.05	10.63	7.23	9.17	8.63	8.44	6.69	6.86	8.83	7.89	10.28
Noncontrolling Interest Sharing Ratio	0.23%	0.24%	0.22%	0.24%	0.33%	0.20%	0.00%	0.03%	-0.04%	-0.11%	0.05%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.01	7.50	6.74	5.45	7.58	5.60	5.77	3.58	6.16	5.45	6.38
Quick Ratio	3.55	5.48	3.41	3.87	5.09	1.79	4.23	1.90	4.20	4.23	5.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	111	302	-228	161	11	-265	-64	81	700	213	902
Operating Cash Flow to CapEx	251.24%	572.60%	-76.55%	1,071.28%	173.28%	60.90%	28.51%	175.99%	634.62%	307.40%	778.24%
Free Cash Flow to Firm to Interest Expense	48.20	261.18	-717.63	606.79	17.75	-531.87	-301.89	200.21	1,200.65	387.85	1,473.64
Operating Cash Flow to Interest Expense	84.45	336.02	-144.40	756.28	178.70	147.81	122.70	313.17	1,480.29	822.22	2,001.20
Operating Cash Flow Less CapEx to Interest Expense	50.84	277.33	-333.03	685.69	75.58	-94.91	-307.71	135.23	1,247.03	554.74	1,744.05
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.81	1.87	1.00	1.38	1.18	1.14	1.11	1.35	1.87	1.13	1.62
Accounts Receivable Turnover	16.64	22.53	16.28	19.99	18.42	17.96	9.02	9.21	21.22	17.18	20.72
Inventory Turnover	8.07	8.37	6.52	6.93	6.68	6.52	5.86	5.98	7.12	6.54	8.65
Fixed Asset Turnover	4.68	5.08	2.53	3.40	3.09	2.67	2.35	2.82	4.44	2.92	4.52
Accounts Payable Turnover	28.21	31.14	30.77	33.35	29.55	24.64	21.87	21.36	23.69	22.53	27.26
Days Sales Outstanding (DSO)	21.94	16.20	22.42	18.26	19.82	20.32	40.49	39.62	17.20	21.25	17.61
Days Inventory Outstanding (DIO)	45.20	43.59	55.96	52.64	54.65	55.97	62.29	61.04	51.27	55.85	42.20
Days Payable Outstanding (DPO)	12.94	11.72	11.86	10.94	12.35	14.81	16.69	17.09	15.41	16.20	13.39
Cash Conversion Cycle (CCC)	54.21	48.06	66.51	59.95	62.12	61.48	86.08	83.58	53.06	60.90	46.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	493	499	634	581	605	871	917	951	984	1,011	1,277
Invested Capital Turnover	3.34	3.85	1.90	2.47	2.30	1.83	1.51	1.91	3.26	2.34	3.73
Increase / (Decrease) in Invested Capital	43	6.09	134	-53	24	266	46	34	33	27	266
Enterprise Value (EV)	1,998	1,466	1,379	1,540	1,177	1,741	1,254	1,854	1,559	2,165	3,307
Market Capitalization	2,224	1,882	1,588	1,929	1,559	1,879	1,476	2,045	2,223	2,991	4,705
Book Value per Share	$14.50	$18.86	$17.35	$19.60	$20.25	$20.69	$20.73	$22.55	$32.89	$36.69	$52.21
Tangible Book Value per Share	$13.74	$18.15	$16.02	$18.33	$19.03	$19.49	$19.59	$21.28	$31.67	$35.43	$50.95
Total Capital	755	943	855	962	992	1,010	1,015	1,104	1,610	1,797	2,566
Total Debt	51	26	11	6.09	2.36	0.65	2.16	0.00	0.00	0.00	0.00
Total Long-Term Debt	41	9.25	6.11	2.55	0.86	0.65	1.47	0.00	0.00	0.00	0.00
Net Debt	-227	-418	-211	-392	-385	-138	-222	-190	-662	-824	-1,403
Capital Expenditures (CapEx)	78	68	60	19	66	121	92	72	136	147	157
Debt-free, Cash-free Net Working Capital (DFCFNWC)	159	170	220	152	175	351	261	302	294	202	268
Debt-free Net Working Capital (DFNWC)	417	559	376	483	494	429	431	477	942	1,014	1,660
Net Working Capital (NWC)	407	543	372	480	493	429	430	477	942	1,014	1,660
Net Nonoperating Expense (NNE)	-7.76	-10	-19	-18	-19	-17	-20	-18	-23	-36	-51
Net Nonoperating Obligations (NNO)	-211	-418	-211	-375	-385	-138	-96	-153	-625	-786	-1,289
Total Depreciation and Amortization (D&A)	41	51	53	56	56	58	60	68	72	80	94
Debt-free, Cash-free Net Working Capital to Revenue	10.08%	8.89%	20.50%	10.13%	12.85%	25.96%	19.35%	16.92%	9.32%	8.63%	6.28%
Debt-free Net Working Capital to Revenue	26.49%	29.30%	35.03%	32.15%	36.32%	31.75%	31.91%	26.68%	29.85%	43.38%	38.94%
Net Working Capital to Revenue	25.85%	28.44%	34.58%	31.92%	36.21%	31.75%	31.86%	26.68%	29.85%	43.38%	38.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.35	$6.56	($1.54)	$2.60	$1.12	$0.38	$0.04	$2.73	$15.58	$5.70	$25.04
Adjusted Weighted Average Basic Shares Outstanding	48.14M	48.20M	48.36M	48.35M	48.47M	48.47M	48.52M	48.58M	48.65M	48.72M	48.72M
Adjusted Diluted Earnings per Share	$3.33	$6.53	($1.54)	$2.60	$1.12	$0.38	$0.04	$2.72	$15.52	$5.69	$24.95
Adjusted Weighted Average Diluted Shares Outstanding	48.44M	48.37M	48.36M	48.47M	48.59M	48.58M	48.66M	48.73M	48.83M	48.87M	48.89M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	48.50M	48.53M	48.57M	48.63M	48.69M	48.30M	48.86M	48.94M	48.98M	49.04M	48.50M
Normalized Net Operating Profit after Tax (NOPAT)	155	307	-91	127	36	1.23	-16	115	733	240	1,167
Normalized NOPAT Margin	9.83%	16.08%	-8.50%	8.46%	2.62%	0.09%	-1.21%	6.42%	23.23%	10.26%	27.39%
Pre Tax Income Margin	15.64%	25.53%	-10.64%	7.81%	5.20%	1.48%	-0.74%	9.29%	31.64%	15.40%	37.62%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	102.69	408.43	-396.65	385.29	91.14	30.24	-61.91	394.17	1,668.85	617.53	2,512.52
NOPAT to Interest Expense	66.81	266.45	-295.29	407.91	55.28	2.33	-86.31	284.14	1,257.93	436.81	1,907.88
EBIT Less CapEx to Interest Expense	69.07	349.75	-585.29	314.69	-11.99	-212.47	-492.32	216.22	1,435.59	350.06	2,255.38
NOPAT Less CapEx to Interest Expense	33.20	207.76	-483.93	337.31	-47.84	-240.39	-516.73	106.19	1,024.67	169.34	1,650.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.72%	38.32%	-0.10%	-0.22%	75.76%	4.12%	80.19%	4.62%	33.34%	33.25%	27.11%
Augmented Payout Ratio	30.72%	38.32%	-0.10%	-0.22%	77.55%	4.12%	122.48%	5.47%	33.56%	33.86%	31.54%

This table displays calculated financial ratios and metrics derived from Cal-Maine Foods' official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/2/2023	12/2/2023	3/2/2024	6/1/2024	8/31/2024	11/30/2024	3/1/2025	5/31/2025	8/30/2025	11/29/2025	2/28/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	47,654,046.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	47,654,046.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.06
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-30.23%	-34.73%	-28.38%	-8.31%	71.09%	82.46%	98.45%	72.23%	17.40%	-19.40%	-52.95%
EBITDA Growth	-92.98%	-87.36%	-55.66%	18.77%	1,551.73%	761.05%	243.90%	153.47%	33.23%	-49.20%	-88.51%
EBIT Growth	-104.03%	-94.20%	-58.44%	19.92%	2,945.43%	1,745.16%	269.05%	172.18%	33.08%	-55.65%	-92.79%
NOPAT Growth	-103.06%	-94.57%	-58.46%	2.40%	3,828.98%	1,869.51%	278.61%	211.39%	33.39%	-55.41%	-93.52%
Net Income Growth	-99.67%	-91.64%	-54.65%	2.17%	36,296.59%	1,217.16%	247.19%	202.96%	33.10%	-52.86%	-89.94%
EPS Growth	-99.22%	-91.40%	-54.68%	2.65%	15,200.00%	1,177.14%	246.00%	203.45%	34.64%	-52.35%	-89.79%
Operating Cash Flow Growth	-86.29%	-70.95%	-54.67%	36.61%	395.89%	145.56%	248.62%	93.18%	137.21%	-22.78%	-81.88%
Free Cash Flow Firm Growth	-168.45%	6.41%	-79.10%	12.87%	7.63%	-32.48%	370.26%	-19.68%	-141.06%	-194.93%	-194.00%
Invested Capital Growth	5.95%	5.54%	7.87%	2.73%	19.85%	25.66%	23.15%	26.28%	27.07%	20.27%	19.88%
Revenue Q/Q Growth	-34.28%	13.91%	36.53%	-10.30%	22.63%	21.48%	48.50%	-22.15%	-16.41%	-16.59%	-13.33%
EBITDA Q/Q Growth	-91.54%	176.46%	453.41%	-7.37%	17.65%	44.12%	122.48%	-34.05%	-36.99%	-45.04%	-49.69%
EBIT Q/Q Growth	-105.03%	328.81%	1,069.75%	-8.98%	19.41%	48.37%	132.96%	-35.44%	-40.36%	-50.56%	-62.11%
NOPAT Q/Q Growth	-103.67%	381.59%	1,106.13%	-17.88%	33.70%	48.73%	131.86%	-32.46%	-42.72%	-50.29%	-66.30%
Net Income Q/Q Growth	-99.63%	3,933.58%	782.87%	-22.84%	32.46%	45.97%	132.71%	-32.67%	-41.80%	-48.31%	-50.34%
EPS Q/Q Growth	-99.12%	1,650.00%	757.14%	-22.67%	31.90%	46.08%	132.21%	-32.18%	-41.48%	-48.30%	-50.23%
Operating Cash Flow Q/Q Growth	-84.87%	110.96%	228.12%	30.40%	-45.06%	4.47%	365.84%	-27.74%	-32.54%	-65.99%	9.30%
Free Cash Flow Firm Q/Q Growth	-184.88%	25.21%	216.21%	53.01%	-169.46%	-7.26%	512.50%	-73.87%	-308.47%	-31.23%	-31.48%
Invested Capital Q/Q Growth	0.34%	6.05%	1.07%	-4.48%	17.05%	11.20%	-0.96%	-2.05%	17.78%	5.25%	-1.28%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	9.89%	17.42%	30.60%	29.09%	31.46%	37.29%	50.51%	48.16%	33.74%	26.95%	17.88%
EBITDA Margin	2.77%	6.72%	27.00%	27.88%	26.75%	31.73%	47.54%	40.27%	30.36%	20.00%	11.61%
Operating Margin	-1.47%	2.72%	22.79%	22.19%	23.79%	29.13%	44.84%	39.49%	27.01%	16.10%	5.39%
EBIT Margin	-1.44%	2.89%	24.24%	24.59%	23.94%	29.24%	45.88%	38.05%	27.14%	16.09%	7.03%
Profit (Net Income) Margin	0.09%	3.17%	20.49%	17.62%	19.03%	22.87%	35.84%	31.00%	21.58%	13.38%	7.66%
Tax Burden Percent	56.07%	74.95%	79.05%	74.32%	75.57%	75.57%	76.64%	75.49%	75.63%	75.64%	87.85%
Interest Burden Percent	-11.08%	146.18%	106.95%	96.43%	105.20%	103.50%	101.94%	107.93%	105.13%	109.91%	124.02%
Effective Tax Rate	43.93%	25.05%	20.95%	25.68%	24.43%	24.43%	23.36%	24.51%	24.37%	24.36%	12.15%
Return on Invested Capital (ROIC)	-2.54%	5.36%	42.31%	38.63%	44.12%	57.65%	110.53%	111.06%	66.86%	35.39%	11.44%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.50%	4.05%	39.40%	37.60%	42.88%	56.40%	108.13%	109.79%	65.74%	34.39%	9.68%
Return on Net Nonoperating Assets (RNNOA)	1.10%	-1.24%	-14.71%	-15.58%	-16.35%	-20.13%	-45.96%	-52.21%	-27.34%	-13.40%	-4.24%
Return on Equity (ROE)	-1.44%	4.11%	27.60%	23.06%	27.76%	37.53%	64.57%	58.84%	39.52%	21.99%	7.20%
Cash Return on Invested Capital (CROIC)	57.16%	35.62%	15.68%	21.34%	17.55%	26.85%	59.19%	78.83%	66.55%	57.36%	26.92%
Operating Return on Assets (OROA)	-2.46%	4.15%	28.15%	27.78%	29.74%	40.63%	66.84%	61.54%	42.74%	24.07%	7.83%
Return on Assets (ROA)	0.15%	4.55%	23.79%	19.91%	23.64%	31.77%	52.22%	50.15%	33.98%	20.01%	8.53%
Return on Common Equity (ROCE)	-1.44%	4.12%	27.63%	23.08%	27.81%	37.49%	64.53%	58.81%	39.51%	21.94%	7.19%
Return on Equity Simple (ROE_SIMPLE)	39.17%	27.69%	15.89%	0.00%	22.36%	30.67%	41.53%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.79	11	129	106	141	210	487	329	188	94	32
NOPAT Margin	-0.82%	2.04%	18.01%	16.49%	17.98%	22.01%	34.36%	29.81%	20.43%	12.18%	4.73%
Net Nonoperating Expense Percent (NNEP)	0.96%	1.31%	2.91%	1.03%	1.24%	1.26%	2.40%	1.26%	1.11%	1.00%	1.75%
Return On Investment Capital (ROIC_SIMPLE)	-	0.66%	-	-	-	10.24%	20.41%	12.82%	6.98%	3.47%	1.17%
Cost of Revenue to Revenue	90.11%	82.58%	67.82%	70.90%	68.54%	62.71%	49.49%	51.84%	66.26%	73.05%	82.12%
SG&A Expenses to Revenue	11.37%	14.64%	9.24%	9.02%	7.88%	8.13%	5.64%	8.60%	7.53%	10.77%	12.49%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.36%	14.70%	9.20%	9.03%	7.67%	8.17%	5.67%	8.67%	6.73%	10.85%	12.50%
Earnings before Interest and Taxes (EBIT)	-6.61	15	173	158	188	279	650	420	250	124	47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	35	193	179	210	303	674	444	280	154	77
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.40	1.42	1.54	1.66	1.86	2.34	1.86	1.84	2.08	1.50	1.54
Price to Tangible Book Value (P/TBV)	1.46	1.48	1.60	1.72	1.92	2.41	1.91	1.88	2.18	1.59	1.62
Price to Revenue (P/Rev)	0.77	0.86	1.11	1.28	1.33	1.55	1.17	1.10	1.28	0.96	1.20
Price to Earnings (P/E)	3.58	5.12	9.64	10.76	8.27	7.61	4.47	3.86	4.42	3.50	5.97
Dividend Yield	11.15%	9.13%	5.67%	3.07%	2.62%	2.97%	4.73%	7.06%	7.23%	0.00%	0.00%
Earnings Yield	27.96%	19.54%	10.37%	9.29%	12.09%	13.14%	22.35%	25.93%	22.63%	28.54%	16.74%
Enterprise Value to Invested Capital (EV/IC)	1.66	1.65	1.84	2.14	2.34	3.03	2.44	2.59	2.89	1.83	1.92
Enterprise Value to Revenue (EV/Rev)	0.55	0.65	0.81	0.93	1.04	1.29	0.84	0.78	0.99	0.69	0.87
Enterprise Value to EBITDA (EV/EBITDA)	1.87	2.73	4.97	5.16	4.48	4.50	2.34	2.03	2.56	1.87	3.14
Enterprise Value to EBIT (EV/EBIT)	2.04	3.11	6.21	6.38	5.18	4.99	2.50	2.15	2.72	2.01	3.56
Enterprise Value to NOPAT (EV/NOPAT)	2.71	4.13	8.19	9.03	7.15	6.80	3.37	2.83	3.58	2.64	4.65
Enterprise Value to Operating Cash Flow (EV/OCF)	2.30	2.92	4.93	4.80	5.07	6.45	3.11	2.70	3.14	2.13	3.37
Enterprise Value to Free Cash Flow (EV/FCFF)	2.99	4.76	12.14	10.17	14.51	12.56	4.56	3.67	4.86	3.49	7.77
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.31	-0.31	-0.37	-0.41	-0.38	-0.36	-0.43	-0.48	-0.42	-0.39	-0.44
Leverage Ratio	1.23	1.27	1.27	1.22	1.22	1.21	1.27	1.21	1.21	1.19	1.22
Compound Leverage Factor	-0.14	1.85	1.36	1.17	1.29	1.26	1.29	1.30	1.28	1.30	1.51
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.12%	-0.15%	-0.16%	-0.17%	-0.18%	0.30%	0.24%	0.21%	0.19%	0.23%	0.26%
Common Equity to Total Capital	100.12%	100.15%	100.16%	100.13%	100.18%	99.70%	99.76%	99.79%	99.81%	99.77%	99.74%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	8.00	7.12	6.92	7.62	7.29	9.85	7.40	9.08	10.21	8.72	8.75
Noncontrolling Interest Sharing Ratio	-0.08%	-0.11%	-0.12%	-0.11%	-0.16%	0.10%	0.07%	0.05%	0.04%	0.26%	0.25%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	8.42	6.92	5.65	5.45	4.13	5.46	3.86	6.38	6.84	8.02	8.21
Quick Ratio	5.82	4.77	4.21	4.23	3.15	4.24	3.23	5.36	5.54	6.28	6.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-59	-44	51	79	-55	-59	242	63	-132	-173	-228
Operating Cash Flow to CapEx	89.07%	128.02%	544.65%	418.24%	369.03%	412.34%	1,139.48%	905.16%	615.66%	202.69%	328.61%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	3.51	0.00	0.00	0.00	1.93	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	9.53	0.00	0.00	0.00	12.59	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	7.25	0.00	0.00	0.00	11.20	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.71	1.44	1.16	1.13	1.24	1.39	1.46	1.62	1.57	1.50	1.11
Accounts Receivable Turnover	19.48	12.51	11.42	17.18	13.41	13.10	12.05	20.72	17.08	15.53	11.48
Inventory Turnover	7.04	6.59	6.50	6.54	6.65	7.08	7.96	8.65	7.99	7.65	6.99
Fixed Asset Turnover	4.10	3.53	3.11	2.92	3.11	3.46	4.15	4.52	4.08	3.84	3.11
Accounts Payable Turnover	12.55	13.65	14.59	22.53	14.25	16.10	15.23	27.26	17.31	16.67	13.11
Days Sales Outstanding (DSO)	18.73	29.18	31.98	21.25	27.23	27.87	30.30	17.61	21.37	23.51	31.79
Days Inventory Outstanding (DIO)	51.88	55.39	56.13	55.85	54.86	51.57	45.88	42.20	45.68	47.73	52.22
Days Payable Outstanding (DPO)	29.09	26.74	25.01	16.20	25.61	22.67	23.97	13.39	21.09	21.90	27.83
Cash Conversion Cycle (CCC)	41.52	57.83	63.09	60.90	56.47	56.76	52.21	46.42	45.95	49.34	56.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	988	1,047	1,059	1,011	1,184	1,316	1,304	1,277	1,504	1,583	1,563
Invested Capital Turnover	3.08	2.63	2.35	2.34	2.45	2.62	3.22	3.73	3.27	2.91	2.42
Increase / (Decrease) in Invested Capital	55	55	77	27	196	269	245	266	320	267	259
Enterprise Value (EV)	1,640	1,729	1,943	2,165	2,764	3,984	3,185	3,307	4,349	2,898	2,997
Market Capitalization	2,266	2,314	2,657	2,991	3,533	4,786	4,432	4,705	5,608	4,041	4,151
Book Value per Share	$32.94	$33.20	$35.19	$36.69	$38.80	$41.71	$48.57	$52.21	$55.61	$55.49	$56.66
Tangible Book Value per Share	$31.72	$31.92	$33.92	$35.43	$37.53	$40.45	$47.30	$50.95	$53.00	$52.56	$53.72
Total Capital	1,611	1,624	1,721	1,797	1,899	2,051	2,388	2,566	2,702	2,698	2,707
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-624	-582	-711	-824	-765	-808	-1,253	-1,403	-1,264	-1,149	-1,161
Capital Expenditures (CapEx)	27	39	30	51	32	30	50	46	45	47	32
Debt-free, Cash-free Net Working Capital (DFCFNWC)	328	342	307	202	264	367	229	268	324	397	385
Debt-free Net Working Capital (DFNWC)	938	910	1,002	1,014	1,018	1,164	1,470	1,660	1,577	1,536	1,537
Net Working Capital (NWC)	938	910	1,002	1,014	1,018	1,164	1,470	1,660	1,577	1,536	1,537
Net Nonoperating Expense (NNE)	-4.20	-5.91	-18	-7.26	-8.31	-8.24	-21	-13	-11	-9.24	-20
Net Nonoperating Obligations (NNO)	-624	-577	-662	-786	-715	-735	-1,084	-1,289	-1,198	-1,115	-1,144
Total Depreciation and Amortization (D&A)	19	20	20	21	22	24	24	25	30	30	31
Debt-free, Cash-free Net Working Capital to Revenue	11.08%	12.78%	12.82%	8.63%	9.93%	11.84%	6.03%	6.28%	7.35%	9.41%	11.11%
Debt-free Net Working Capital to Revenue	31.71%	33.97%	41.82%	43.38%	38.21%	37.60%	38.68%	38.94%	35.85%	36.45%	44.37%
Net Working Capital to Revenue	31.71%	33.97%	41.82%	43.38%	38.21%	37.60%	38.68%	38.94%	35.85%	36.45%	44.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.02	$0.35	$3.01	$2.32	$3.08	$4.49	$10.42	$7.05	$4.13	$2.14	$1.07
Adjusted Weighted Average Basic Shares Outstanding	48.69M	48.69M	48.73M	48.72M	48.76M	48.77M	48.80M	48.72M	48.28M	48.02M	47.30M
Adjusted Diluted Earnings per Share	$0.02	$0.35	$3.00	$2.32	$3.06	$4.47	$10.38	$7.04	$4.12	$2.13	$1.06
Adjusted Weighted Average Diluted Shares Outstanding	48.84M	48.87M	48.88M	48.87M	48.93M	48.97M	48.97M	48.89M	48.42M	48.17M	47.41M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	48.98M	48.98M	49.04M	49.04M	49.04M	49.04M	49.05M	48.50M	48.50M	47.65M	47.38M
Normalized Net Operating Profit after Tax (NOPAT)	-3.82	11	128	106	140	210	488	329	189	94	32
Normalized NOPAT Margin	-0.83%	2.08%	17.98%	16.50%	17.82%	22.04%	34.39%	29.85%	20.44%	12.24%	4.80%
Pre Tax Income Margin	0.16%	4.23%	25.92%	23.71%	25.19%	30.27%	46.77%	41.06%	28.54%	17.68%	8.72%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	7.02	0.00	0.00	0.00	12.80	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	4.71	0.00	0.00	0.00	10.03	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	4.75	0.00	0.00	0.00	11.41	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	2.43	0.00	0.00	0.00	8.64	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.97%	46.90%	55.02%	33.25%	21.77%	22.70%	21.20%	27.11%	32.08%	36.71%	55.27%
Augmented Payout Ratio	39.97%	47.25%	55.64%	33.86%	21.77%	22.97%	21.60%	31.54%	36.33%	47.89%	76.99%

Financials Breakdown Chart

Key Financial Trends

here is a concise, investor-focused view of CAL-MAINE FOODS INC (CALM) based on the quarterly statements provided for the last several years. The highlights focus on liquidity, debt, profitability, and cash flow trends.

Zero long-term debt in recent periods. The balance sheets show long-term debt at 0.0 in multiple quarters (e.g., Q2 2026 and other recent periods), which supports a conservative balance sheet and lower interest expense.
Strong liquidity position. At the end of Q2 2026, Cash & Equivalents were about $369.5M and Short-Term Investments about $769.5M, totaling roughly $1.14B in near-term liquidity.
Consistent positive operating cash flow. Operating cash flow remained positive across observed quarters, with notable figures such as CFO around $571.6M in Q3 2025 and $413.0M in Q4 2025, and still positive in later quarters (e.g., Q1 2026 and Q2 2026).
Solid quarterly net income to common shareholders. Net income attributable to common shareholders was strong in several quarters (e.g., about $508.5M in Q3 2025 and $342.5M in Q4 2025; $199.3M in Q1 2026; $102.8M in Q2 2026).
Per-share profitability shown in notable quarters. Quarter EPS figures were strong in certain periods, with Q3 2025 Basic EPS at $10.42 and Diluted $10.38, and other quarters showing positive EPS (e.g., Q4 2025 around $7.05; Q1 2026 around $4.13; Q2 2026 around $2.14).
Healthy equity base and modest leverage. Total assets and total equity figures indicate a solid equity base (e.g., Total equity around $2.7B in recent balance sheets, with total liabilities modest relative to equity), suggesting room for growth without heavy leverage.
Occasional capital return activity. There is evidence of share repurchases in some periods (e.g., modest negative cash outflows for repurchases in certain quarters), implying some capital return activity without excessive dilution risk.
Recurring cash dividend payments. Dividends per share are a regular cash outflow to shareholders, contributing to financing cash outflows in several quarters (e.g., notable dividend-related outflows in multiple periods).
Financing cash outflows in several quarters. Net cash from financing activities is often negative (e.g., Q4 2025 and Q2 2026 show meaningful outflows due to dividends, buybacks, and related activities), which reduces cash available for other uses.
Investing cash outflows due to acquisitions and investments. Cash used in investing activities has been sizable in various quarters (e.g., large investing outflows in several quarters for acquisitions and investments), reflecting ongoing strategic activity and capex, which dampens near-term cash accumulation despite strong CFO.

Bottom line: CALM demonstrates solid profitability and a strong liquidity cushion with minimal to no long-term debt, which is favorable for stability. However, meaningful cash outflows from investing and financing activities in several quarters warrant attention from investors tracking how capital is deployed and how it affects short-term cash balances.

05/14/26 05:53 PM ETAI Generated. May Contain Errors.

Cal-Maine Foods Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Cal-Maine Foods' fiscal year ends in May. Their fiscal year 2025 ended on May 31, 2025.

Cal-Maine Foods' net income appears to be on an upward trend, with a most recent value of $1.22 billion in 2025, rising from $162.28 million in 2015. The previous period was $276.28 million in 2024. See where experts think Cal-Maine Foods is headed by visiting Cal-Maine Foods' forecast page.

Cal-Maine Foods' total operating income in 2025 was $1.54 billion, based on the following breakdown:

Total Gross Profit: $1.85 billion
Total Operating Expenses: $314.35 million

Over the last 10 years, Cal-Maine Foods' total revenue changed from $1.58 billion in 2015 to $4.26 billion in 2025, a change of 170.4%.

Cal-Maine Foods' total liabilities were at $518.60 million at the end of 2025, a 33.8% increase from 2024, and a 131.4% increase since 2015.

In the past 10 years, Cal-Maine Foods' cash and equivalents has ranged from $8.67 million in 2015 to $499.39 million in 2025, and is currently $499.39 million as of their latest financial filing in 2025.

Over the last 10 years, Cal-Maine Foods' book value per share changed from 14.50 in 2015 to 52.21 in 2025, a change of 260.1%.

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Financial statements for NASDAQ:CALM last updated on 4/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Cal-Maine Foods (CALM) Financials

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Cal-Maine Foods (CALM) Financials

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