# Cal-Maine Foods Inc. (CALM) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Defensive / Household Products. Price $74.63, market value $3.5 billion.

## Valuation
- **P/E (trailing): 11.3×** (5-yr avg 8.2×, 3-yr avg 8.2×). Cal-Maine Foods Inc. trades at 11.3× trailing earnings, well above its own five-year average of 8.2×: investors are paying up relative to the company's past. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 20.8×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.1×**. Enterprise value is 7.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 9.4%** (5-yr avg 16.8%). Free cash flow equals 9.4% of the market value, below its five-year average of 16.8%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 8.9%**. The inverse of the P/E: 8.9% of the price is earned each year.

## Profitability
- **Gross margin: 23.1%**. Cal-Maine Foods Inc. keeps 23.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 12.0%**. 12.0% of revenue is left after running the business.
- **Net margin: 10.9%**. 10.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.0%**. 12.0% on shareholders' equity is solid.
- **Return on invested capital: 11.0%**. Return on all capital, debt included, is 11.0%.
- **Return on assets: 10.2%**. Each dollar of assets produces 10.2% of profit.

## Growth
- **Revenue growth (1 yr): -31.7%** (3-yr -2.5%/yr, 5-yr 16.6%/yr). Revenue fell 31.7% over the last year, against 16.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -73.4%** (3-yr -24.7%/yr, 5-yr 177.9%/yr). Earnings per share fell 73.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -23.2%/yr**. Free cash flow has compounded at -23.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Cal-Maine Foods Inc. holds more cash than debt.
- **Current ratio: 7.70** (quick 7.70). Current assets cover the next year's liabilities 7.70 times.
- **Altman Z-score: 7.50**. A Z-score of 7.50 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.44%** ($2.46 per share, trailing). Cal-Maine Foods Inc. yields 6.44%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 73%** (71% of free cash flow). 73% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 1**. 1 straight year of increases.

## Price and momentum
- **Total return (1 yr): -32.1%** (YTD -5.0%, 3-mo -1.3%). The shares are down 32.1% over twelve months including dividends.
- **From 52-week high: -33.4%** (3.8% above the low). Trading 33% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 29**. An RSI of 29 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): -0.17** (volatility 30%). Beta of -0.17 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CALM · Page: https://foliofundamentals.com/stocks/calm

Not investment advice.