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Earnings transcript
Read the complete earnings call transcript.
CALM
Cal-Maine Foods, Inc.
$78.1
-5.26
(-6.31%)
| Exchange: | NASDAQ |
| Market Cap: | 3.722B |
| Shares Outstanding: | 92.766M |
About The Company
| Sector: | Consumer Defensive | |||||
| Industry: | Agricultural Farm Products | |||||
| CEO: | Sherman L. Miller | |||||
| Full Time Employees: | 2929 | |||||
| Address: |
| |||||
| Website: | https://www.calmainefoods.com |
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.
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Revenue Segmentation
EPS
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Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3,146,217 | 2,326,443 | 4,261,885 |
| Gross Profit | 1,196,457 | 541,571 | 1,850,885 |
| EBITDA | 1,071,367 | 440,761 | 1,697,775 |
| Operating Income | 967,726 | 312,452 | 1,536,539 |
| Net Income | 758,024 | 277,888 | 1,220,048 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 1,963,724 | 2,198,935 | 3,102,488 |
| Total Liabilities | 354,141 | 401,892 | 536,472.999 |
| Total Stockholders Equity | 1,611,081 | 1,800,147 | 2,560,624 |
| Total Debt | 0 | 0 | 0 |
| Cash and Cash Equivalents | 292,824 | 237,878 | 500,392 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 863,010 | 451,398 | 1,228,784 |
| Capital Expenditure | -136,569 | -147,116 | -161,255 |
| Free Cash Flow | 726,441 | 304,282 | 1,067,529 |
| Net Income | 756,732 | 277,888 | 1,220,048 |
| Net Change in Cash | 233,740 | -54,946 | 262,514 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 2,956,635.355 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 3,040,131.974 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 2,998,706.500 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 648,890.465 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 667,215.403 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 658,123.787 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 243,214.151 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 269,815.745 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 256,627 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 293,212.517 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 301,492.962 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 297,384.755 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 5.250 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 5.520 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 4.970 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 2 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: Cal-Maine Foods reported strong net sales of $922.6 million in Q1 FY2026, reflecting solid revenue growth as highlighted in the earnings call transcript. This performance underscores the company’s ability to maintain profitability amidst industry challenges, supported by positive net income and operating cash flow trends from historical income and cash flow statements.
- Operational Efficiency: Key metrics such as gross profit margin (TTM) and net profit margin (TTM) indicate effective cost management and profitability, positioning CALM favorably within the industry. The earnings call summary emphasizes strategic initiatives that enhance operational capabilities.
- Strong Balance Sheet: Data from the balance sheet shows healthy levels of cash and cash equivalents alongside manageable total liabilities, with a reasonable debt-to-equity ratio (TTM). This financial stability provides flexibility for future investments or dividend payouts, as evidenced by consistent dividend yields (TTM).
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates CALM intrinsic value between $91.61 – $260.26 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CALM valuation
Is Cal-Maine Foods, Inc. (CALM) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Cal-Maine Foods, Inc. (CALM) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CALM a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CALM trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CALM’s P/E ratio?
You can see CALM’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CALM?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CALM a good long-term investment?
Whether CALM fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
CALM
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-6.31
Trading Metrics:
| Open: | 84.22 | Previous Close: | 83.36 | |
| Day Low: | 77.38 | Day High: | 84.82 | |
| Year Low: | 71.92 | Year High: | 126.4 | |
| Price Avg 50: | 83.54 | Price Avg 200: | 92.67 | |
| Volume: | 1.931M | Average Volume: | 1.01M |
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Login — it's freeCALM full analysis
Welcome to MARKETSNAP’s SWOT analysis for Cal-Maine Foods, one of the big players in the egg production game. If you’re not familiar with them, Cal-Maine Foods is a leading name in the shell egg industry, operating in the agricultural sector with a focus on producing and distributing eggs across the United States. They’re a heavyweight in their niche, with a solid market position as one of the largest producers and distributors of fresh shell eggs. Today, we’re diving deep into…
