Cal-Maine Foods, Inc.

CALM Consumer Defensive Farm Products

Cal-Maine Foods, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $2.9 billion, down 31.7% from fiscal 2025. In the quarter to August 2026, revenue fell 41.5%, EPS fell 129.1% and free cash flow fell 154.8%, each against the same quarter a year earlier.

63.65 0.06 +0.09%
Market cap
$3.0B
P/E
51.1×
Fwd P/E
19.7×
Dividend yield
3.86%
F-score
6/9
Altman Z
7.66
Beneish M
−1.61
Dividend safety
42/100
May '17 May '18 May '19 May '20 May '21 May '22 May '23 May '24 May '25 May '26
Piotroski F-Score
2 8 5 5 5 6 8 4 8 6
P/E ratio
0.00 18.48 33.05 116.45 900.50 17.55 3.05 10.82 3.87 11.42
Altman Z-Score
7.87 10.38 9.44 9.26 7.26 7.33 8.97 7.87 10.24 7.66
P/S ratio
1.67 1.55 1.32 1.59 1.30 1.30 0.74 1.29 1.11 1.23
Altman Z″-Score (non-manufacturers)
8.76 11.10 12.00 10.36 9.65 8.89 14.01 11.49 14.78 12.50
P/FCF ratio
0.00 12.79 36.86 0.00 0.00 42.55 3.18 9.86 4.42 10.89
P/Operating CF
159.22 42.76 87.62 19.49 153.22 22.00 14.78 14.05 11.43 1,264.72
Beneish M-Score
2.38 (3.44) (2.55) (2.31) (2.26) (2.45) (2.75) (2.75) (2.10) (1.61)
Dividend Safety Score
— — — — — — — — — 42
P/B ratio
2.13 2.43 1.81 2.12 1.73 2.10 1.44 1.67 1.84 1.36
Price to Tangible BV
2.31 2.60 1.93 2.25 1.83 2.22 1.49 1.73 1.89 1.45
EV/Sales
1.54 1.33 1.09 1.42 1.17 1.21 0.53 0.94 0.78 0.91
EV/EBITDA
0.00 12.79 14.57 32.06 46.31 10.12 1.60 5.58 2.04 5.60
EV/Operating CF
(36.02) 9.97 12.84 26.00 60.43 17.00 1.93 4.86 2.72 5.54
EV/FCF
(14.70) 11.00 30.35 (40.49) (24.10) 39.37 2.29 7.20 3.12 8.08
Quick Ratio
4.22 3.87 5.22 3.55 3.29 2.13 4.57 4.28 5.40 5.78
Current Ratio
6.74 5.45 7.58 5.60 5.77 3.58 6.16 5.45 6.38 7.70
Net Debt/EBITDA
1.78 (2.08) (3.13) (3.88) (4.96) (0.82) (0.62) (2.07) (0.85) (1.95)
Debt/Assets
1.06% 0.53% 0.20% 0.05% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt/Equity
0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Asset Turnover
1.00 1.38 1.18 1.14 1.11 1.34 1.86 1.12 1.62 0.94
Operating CF/Net income
0.62 1.59 2.12 4.00 12.69 0.95 1.14 1.62 1.00 1.51
Capex/Depreciation
(1.27) (0.34) (1.19) (2.07) (1.52) (1.05) (1.88) (1.83) (1.67) (1.21)
Interest Coverage
(421.84) 379.27 71.09 2.55 (123.31) 356.17 1,659.91 569.13 2,510.68 —
ROE
(8.43%) 13.99% 5.57% 1.84% 0.20% 12.53% 55.86% 16.31% 55.93% 12.16%
ROA
(6.93%) 11.53% 4.70% 1.56% 0.17% 9.99% 44.83% 13.43% 46.31% 10.23%
ROIC
(11.99%) 9.96% 4.25% 0.10% (1.95%) 9.65% 62.89% 19.83% 81.81% 12.75%
Return on Tangible Assets
(8.95%) 13.91% 5.72% 1.86% 0.20% 11.49% 44.94% 14.85% 45.42% 11.75%
Average Days of Receivables
39.81 20.85 19.24 26.57 34.27 45.06 21.72 25.49 23.33 33.15
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
16.38% 11.93% 13.01% 13.19% 13.64% 11.18% 7.38% 10.86% 7.38% 11.31%
Intangible Assets out of Total Assets
0.06 0.05 0.05 0.05 0.05 0.04 0.03 0.03 0.02 0.05
Share Based Compensation of Revenue
0.32% 0.23% 0.27% 0.27% 0.28% 0.23% 0.13% 0.19% 0.11% 0.20%
Graham Net Nets
0.14 0.17 0.22 0.15 0.17 0.15 0.34 0.28 0.31 0.31
Graham Number
0.00 34.00 22.69 13.35 4.33 37.30 107.70 68.78 172.26 90.58
Earnings Yield
(4.14%) 5.41% 3.03% 0.86% 0.11% 5.70% 32.77% 9.24% 25.84% 8.76%
Free Cash Flow Yield
(6.25%) 7.82% 2.71% (2.20%) (3.75%) 2.35% 31.43% 10.14% 22.61% 9.18%
Revenue per Share
22.22 31.08 28.08 27.89 27.80 36.58 64.67 47.75 87.48 61.10
Operating CF per Share
(0.95) 4.14 2.37 1.52 0.54 2.60 17.74 9.27 25.14 10.07
Capex per Share
(1.38) (0.39) (1.37) (2.49) (1.89) (1.48) (2.80) (3.01) (3.23) (3.17)
Free Cash Flow per Share
(2.33) 3.76 1.00 (0.98) (1.35) 1.12 14.94 6.25 21.91 6.90
Cash per Share
3.23 6.85 6.59 4.79 3.49 3.59 13.32 16.68 28.57 19.39
Shareholders Equity per Share
17.46 19.76 20.42 20.83 20.87 22.73 33.09 36.89 52.67 55.42
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
17.46 19.76 20.42 20.83 20.87 22.73 33.09 36.89 52.67 55.42
Free Cash Flow
(112.49) 181.71 48.67 (47.26) (65.54) 54.50 727.02 304.55 1,067.36 328.86
Working Capital
371.53 479.68 492.85 429.07 429.83 476.85 942.19 1,014.10 1,659.74 1,376.03
Capital Expenditures
(66.57) (18.71) (66.41) (120.87) (91.68) (71.71) (135.99) (146.84) (157.37) (150.89)
Net Current Asset Value
247.61 392.76 401.28 325.23 303.54 338.38 779.98 854.12 1,449.51 1,114.50
EV/EBIT
0.00 19.88 32.27 1,508.21 0.00 14.95 1.72 7.02 2.17 7.59
Capex to Sales
0.06 0.01 0.05 0.09 0.07 0.04 0.04 0.06 0.04 0.05
Price to Operating Income
0.00 23.12 39.19 1,690.18 0.00 16.15 2.39 9.62 3.07 10.22
Other line items
Depreciation/Fixed assets
0.11 0.13 0.12 0.10 0.10 0.10 0.10 0.09 0.09 0.09
Cash ROIC
(11.12%) 14.06% 3.71% (3.80%) (5.54%) 4.26% 32.20% 11.67% 26.97% 9.23%
Accounts Receivable Turnover
10.94 14.80 17.27 15.89 11.99 10.27 15.48 13.31 19.60 10.85
Accounts Payable Turnover
30.77 33.35 29.55 24.64 21.87 21.36 23.69 22.53 27.26 22.72
Inventory Turnover
6.52 6.93 6.68 6.52 5.86 5.98 7.12 6.54 8.65 6.68
Average Days of Payables
10.86 12.10 12.57 17.41 16.21 20.80 15.46 15.51 15.30 15.66
Days of Inventory on Hand
57.00 53.91 55.23 58.30 67.07 66.74 53.24 53.53 44.76 61.16
Average Receivables
98.24 101.52 78.80 85.07 112.51 173.02 203.31 174.83 217.40 268.40
Average Payables
33.45 34.23 38.53 47.56 54.34 67.42 82.32 79.23 88.45 98.57
Average Inventory
157.75 164.67 170.44 179.73 202.80 240.85 273.87 273.10 278.73 335.47
Average Assets
1,072.43 1,091.77 1,153.36 1,181.49 1,217.93 1,328.33 1,691.01 2,069.64 2,634.69 3,096.09
Average Common Equity
880.93 900.09 972.74 999.74 1,011.23 1,058.56 1,356.96 1,703.31 2,181.53 2,603.27

Fold the line items

Columns are period end dates · fundamentals updated 6 Oct 2026