Cal-Maine Foods (CALM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Cal-Maine Foods

NasdaqGS•Consumer Defensive•Farm Products

$62.37+0.05(<0.01%)After hours

Market Cap

$3.09B

P/E

52.6x

P/S

1.2x

P/B

1.2x

Cal-Maine Foods, Inc., together with its subsidiaries, engages in the production, grading, packaging, marketing, and distribution of shell eggs, egg products, and prepared foods in the United Sates. It operates through Conventional Shell Eggs, Specialty Shell Eggs, and Prepared Foods segments. The company offers specialty shell eggs, including cage-free, organic, brown, free-range, and pasture-raised and nutritionally enhanced eggs, as well as conventional and co-pack shell eggs. It also provides prepared food products, such as pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, pancakes, waffles, and specialty wraps. The company offers its products under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, 4Grain, Van's, MeadowCreek Foods, and Crepini brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.

How this company scores

WeakMetricSide Score: 37/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Growth (4/25).

Profitability4/25

Growth4/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality14/25

Strengths

Interest easily coveredCash-backed earningsNet cash positionNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 52.6x5y range 3.1x – 117.2x

Currently above its 19-quarter median.

P/S · 1.2x5y range 0.7x – 1.5x

Currently near its 20-quarter median.

P/B · 1.2x5y range 1.2x – 2.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 103.1% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $3.09B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.53B
Q. Revenue: $539.61M
TTM EBITDA: $147.05M
TTM Op. Income: $18.84M
Q. Op. Income: $-82.17M
TTM Net Income: $58.73M
Q. Net Income: $-58.62M
EPS: $-1.26
Shares Out.: $46.70M

$2.53B in TTM revenue declined 42.5% YoY, reaching $539.61M last quarter. TTM EBITDA of $147.05M and TTM operating income of $18.84M show growth is flowing through to the bottom line. TTM net income of $58.73M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 4 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 0.1%
EBITDA Margin: -9.0%
Op. Margin: -15.2%
Net Margin: -10.9%

Op. margin of -15.2% is down 42.2% YoY — costs are rising relative to revenue. Net margin at -10.9% and gross margin of 0.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 6 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 52.6x
P/S Ratio: 1.2x
P/B Ratio: 1.2x

At 52.6x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.2x and P/B of 1.2x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Across the last 8 quarters, P/E has risen for 3 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.01B
Cash: $113.54M
Long-Term Debt: N/A
Book Value: $2.57B
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-101.39M
TTM Free Cash Flow: $-32.77M
FCF Margin: -1.3%
FCF / Net Income: -0.6

TTM FCF of $-32.77M on $-101.39M in operating cash flow. The FCF / Net Income ratio of -0.6x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.