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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
$74.29-0.10(<0.01%)Pre-market
Market Cap
$3.43B
P/E
10.8x
P/S
1.2x
P/B
1.3x

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.

C

How this company scores

AverageMetricSide Score: 45/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Growth (5/25).

Profitability12/25
Growth5/25
Balance Sheet & Red Flags15/25
Cash & Earnings Quality13/25
Strengths
Interest easily coveredNet 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 · 10.8x5y range 3.1x – 514.9x
P/E 10.8x · above its 19-quarter median

Currently above its 19-quarter median.

P/S · 1.2x5y range 0.7x – 1.5x
P/S 1.2x · near its 20-quarter median

Currently near its 20-quarter median.

P/B · 1.3x5y range 1.3x – 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 72.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume
Market Cap $3.43B

Metrics at a Glance

as of May 2026

Revenue & Profit

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

TTM Revenue
$2.91B
3Q
Q. Revenue
$552.58M
5Q
TTM EBITDA
$474.53M
3Q
TTM Op. Income
$350.19M
3Q
Q. Op. Income
$-58.81M
5Q
TTM Net Income
$316.68M
3Q
Q. Net Income
$-35.88M
5Q
EPS
$-0.763
5Q
Shares Out.
$47.00M
5Q
$2.91B in TTM revenue declined 31.7% YoY, reaching $552.58M last quarter. TTM EBITDA of $474.53M and TTM operating income of $350.19M show growth is flowing through to the bottom line. TTM net income of $316.68M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
6.2%
5Q
EBITDA Margin
-4.5%
5Q
Op. Margin
-10.6%
5Q
Net Margin
-6.5%
5Q
Op. margin of -10.6% is down 50.1% YoY — costs are rising relative to revenue. Net margin at -6.5% and gross margin of 6.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 5 consecutive quarters — a weakening trend.

Price Ratios

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

P/E Ratio
10.8x
2Q
P/S Ratio
1.2x
8%
P/B Ratio
1.3x
28%
At 10.8x P/E, the stock trades below typical market levels. P/S of 1.2x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

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

Total Assets
$3.11B
3Q
Cash
$107.22M
79%
Long-Term Debt
N/A
Book Value
$2.63B
3%
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
$2.83M
99%
TTM Free Cash Flow
$328.53M
3Q
FCF Margin
11.3%
2Q
FCF / Net Income
1.0
6Q
TTM FCF of $328.53M on $2.83M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.

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· below its 20-quarter median

Currently below its 20-quarter median.