CALMNasdaqAgricultural Prod-Livestock & Animal SpecialtiesFiscal year ends May 29
CAL-MAINE FOODS INC
Financials through Q1 FY2027, quarter ended Aug 29, 2026Last filing: 10-Q on Sep 30, 2026
$62.04−1.61 (-2.53%)
Close on Oct 19, 2026
- Market cap
- $2.90B
- P/E (TTM)
- 53.0
- Dividend yield
- 3.96%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
23.1%+11.2 pts over 5 years
Operating margin
12.0%+14.0 pts over 5 years
Net margin
10.9%+10.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -31.7% | -2.5% | +16.6% | +4.3% | |
| Gross profit | -63.7% | -17.5% | +33.1% | +0.4% | |
| Operating income | -77.2% | -28.7% | – | -2.9% | |
| Net income | -74.0% | -25.2% | +173.7% | +0.0% | |
| EPS, diluted | -73.4% | -24.7% | +177.9% | +0.2% | |
| Free cash flow | -69.1% | -23.2% | – | +0.5% | |
| Dividend per share | -70.5% | -21.9% | +135.4% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -8.5% | 0.2% | 12.2% | |
| Return on assets | -6.9% | 0.2% | 10.2% | |
| Current ratio | 6.74 | 5.77 | 7.70 | |
| Debt to equity | 0.01 | – | – | |
| Net debt to EBITDA | 0.08× | – | – | |
| Interest coverage | -421.8× | -123.3× | – | |
| Inventory turnover | 6.5× | 5.9× | 6.7× | |
| Capex to revenue | 6.2% | 7.0% | 5.2% | |
| Diluted shares | 48M | 49M | 48M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Cal-Maine Foods generated $3.15B from operations and spent $1.58B on capital expenditure, dividends and share buybacks. 42% of that went back into the business.
Generated
$3.15B
Used
$1.58B
Capital expenditure$668.56M42%Dividends$912.18M58%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin10.9%
×Asset turnover0.94×
×Equity multiplier1.19×
=Return on equity, FY202612.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 10.9% | 0.94× | 1.19× | 12.2% |
| FY2025 | 28.6% | 1.62× | 1.21× | 56.0% |
| FY2024 | 11.9% | 1.12× | 1.21× | 16.3% |
| FY2023 | 24.1% | 1.86× | 1.25× | 55.8% |
| FY2022 | 7.5% | 1.34× | 1.25× | 12.5% |
| FY2021 | 0.2% | 1.11× | 1.20× | 0.2% |
| FY2020 | 1.4% | 1.14× | 1.18× | 1.8% |
| FY2019 | 4.0% | 1.18× | 1.19× | 5.6% |
| FY2018 | 8.4% | 1.38× | 1.22× | 14.0% |
| FY2017 | -6.9% | 1.00× | 1.22× | -8.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$316.68M
- Cash generatingOperating cash flow above zero$479.75M
- Return on assets improvedROA up on the prior year55.8% → 10.3%
- Earnings backed by cashOperating cash flow above net income$479.75M vs $316.68M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose6.38 → 7.70
- No dilutionShare count did not rise49M → 48M
- Gross margin improvedGross margin up on the prior year43.43% → 23.08%
- More efficientAsset turnover rose1.95 → 0.94