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← CockpitCompetitor Analysis › CALM Cal-Maine Foods, Inc.Open in the cockpit ↗

Cal-Maine Foods, Inc.CALMCompetitor analysis, valuation and peers

United States · USD·Consumer Staples›Agricultural Commodities/Milling

Largest producer and marketer of shell eggs in the United States.

Momentum weak 29
Mkt cap
$3.02B
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$65.8M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-5.6 pp
WACC 6.4%
Hurdle
n/a
no reverse DCF
Next earnings
61 days
6 Jan 2027
Close · USD$64.60
1D-1.6%
1W+1.6%
1M-0.3%
3M-21.2%
6M-15.1%
YTD-18.8%
1Y-27.1%
ATR %3.6%
Beta-0.06
52w lowhigh32.2% off high

What Cal-Maine Foods does

Largest producer and marketer of shell eggs in the United States.

Egg prices follow a market benchmark that moves with supply, so profit swings sharply from year to year while feed costs, mainly corn and soybean meal, are the main cost. Bird-flu outbreaks cut supply and lift prices, and a dividend policy tied to quarterly profit makes payouts rise and fall with the egg cycle.

Products and services

  • Conventional shell eggs
  • Specialty eggs (cage-free, organic)
  • Egg products (processed)

Customers

  • Grocery retailers
  • Foodservice distributors in the US

Where it sits in the supply chain

  • Consumer staples
  • Egg production
  • Shell egg processing & distribution

What could go right

  • Cage-free/specialty egg demand growth

What could go wrong

  • Avian flu outbreak risk
  • Egg price commodity cyclicality

Moat: narrow (scale, distribution). Largest US egg producer with scale in a low-margin, consolidating commodity industry.

Headquarters: Ridgeland, Mississippi, US · Founded: 1957 · Employees: 4,909

Named competitors

Cal-Maine Foods at a glance

Size Cal-Maine Foods (CALM) is a United States Consumer Staples company (Agricultural Commodities/Milling) with a market value of $3.02B, the 1549th largest of 3,117 United States companies the cockpit tracks. Shares closed at $64.60 on 6 Nov 2026.

Performance Over six months the shares fell 15.1%, against -12.0% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue fell 42.5% over the last twelve months (peer median +8.0%); the operating margin is 0.7% (peer median 5.0%).

Valuation It trades at 0.9× enterprise value to sales against a peer median of 1.2× (9th cheapest of 21).

Capital Return on invested capital runs 5.6 points below its cost of capital (6.4% WACC).

Short interest Short interest is 13.0% of the free float (15 Oct 2026).

Next results Next results expected around 6 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 87CALM 86
Six months, rebased to 100: Cal-Maine Foods against the median of its 20 peers (local-currency closes).

Cal-Maine Foods financials

Reported figures in USD; fiscal year ends 2026-05-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.53B$2.91B$4.26B$2.33B$3.15B
Revenue growth—-32%+83%-26%—
Gross profit$361M$672M$1.85B$542M$1.20B
EBITDA$145M$468M$1.65B$376M$1.04B
Net income$58.7M$317M$1.22B$278M$758M
Free cash flow-$29.5M$332M$1.07B$307M$728M
Capital expenditure$133M$151M$161M$147M$137M
Total debt$0$0$0$0$0

Quarterly statements and history in the cockpit →

Cal-Maine Foods competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%300761EBROSCHOEB5002299SEBE5HGODREJIND2871605296CURA60059826073009726007372002AWL002157BFGTRLVCALM6-month return →1-month return →
Up and to the right = strong over both horizons. Cal-Maine Foods is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%+40%1×2×3×300761EBROSCHOEB5002299SEBE5HGODREJIND2871605296CURA6005982607300972600737AWL002157BFGTRLVCALMRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Cal-Maine Foods is the large dot.

Cal-Maine Foods competitors and peer comparison

Head to head with its named competitors (CALM vs VITL vs POST)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Cal-Maine Foods CALM$3.02B-15%-43%1%0.9×n/a
Vital Farms VITL$409M+6%+5%-3%0.7×n/a
Post POST$3.65B-19%+6%10%1.3×-2.1%

How Cal-Maine Foods compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Cal-Maine Foods against its 20 peers (data as of 6 Nov 2026)
MeasureCALMPeer medianRank in peer set
1-month return-0.3%+0.8%10th lowest of 21
6-month return-15.1%-12.0%11th highest of 21
Distance from 52-week high-32.2%-23.0%8th lowest of 21
Revenue growth (TTM)-42.5%+8.0%lowest of 21
Operating margin0.7%5.0%4th lowest of 21
EV / Sales0.9×1.2×9th cheapest of 21
ROIC minus cost of capital-5.6 pp+0.6 pp5th lowest of 21
EV / EBITDA15.5×7.7×2nd most expensive of 12
Net debt / EBITDA-5.3×1.5×least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Cal-Maine Foods CALMUnited States$3.02B-15%-43%1%0.9×n/an/a
Jiangsu Lihua Animal Husbandry 300761.SZChina$2.94B+2%+7%3%1.1×4.0%+16.8%
Ebro Foods EBRO.MCSpain$3.12B+1%-4%10%1.1×-7.7%+4.4%
Schouw & SCHO.CODenmark$2.90B+30%-1%4%0.7×-3.3%+9.9%
First Resources Ltd. (Singapore) EB5.SISingapore$3.27B-26%+51%30%2.1×-7.1%+19.0%
Fujian Sunner Development 002299.SZChina$3.28B-7%+13%5%1.3×-1.0%+7.9%
Seaboard SEBUnited States$3.38B-22%+7%3%0.4×n/an/a
Golden Agri-Resources E5H.SISingapore$2.68B-18%+9%6%0.4×-13.7%+11.6%
Godrej Industries GODREJIND.NSIndia$3.41B-22%+17%8%1.4×n/an/a
Nichirei 2871.TJapan$3.42B+13%+10%5%0.8×2.4%+4.6%
Yunnan Shennong Agricultural Industry 605296.SSChina$2.60B+10%+2%-19%3.4×n/an/a
Curaleaf CURA.TOCanada$2.50B-18%+5%1%2.6×n/an/a
Heilongjiang Agriculture 600598.SSChina$3.66B-18%-12%24%4.6×n/an/a
Fuji Oil 2607.TJapan$2.46B+36%+10%5%0.8×0.9%+16.2%
Fujian Wanchen Food 300972.SZChina$3.86B-43%+46%7%0.3×-18.7%+157.9%
Cofco Sugar 600737.SSChina$3.94B-18%-29%6%1.4×n/an/a
Nisshin Seifun 2002.TJapan$3.94B+14%+3%5%0.7×-1.1%+4.9%
AWL Agri Business AWL.NSIndia$2.30B-21%+18%2%0.4×13.4%+15.0%
Jiangxi Zhengbang Technology 002157.SZChina$3.97B-17%+15%-10%1.6×n/an/a
B.F BFG.MIItaly$2.29B+56%+30%-2%1.6×n/an/a
Trulieve Cannabis TRLVUnited States$2.23B+31%-4%14%2.2×13.5%+17.8%

Questions

Who are Cal-Maine Foods's main competitors?
Named competitors: Rose Acre Farms (private or unlisted), Vital Farms (VITL), Post Holdings (POST). The cockpit's measured peer set (industry) also includes Jiangsu Lihua Animal Husbandry (300761.SZ), Ebro Foods (EBRO.MC), Schouw & (SCHO.CO), First Resources Ltd. (Singapore) (EB5.SI), Fujian Sunner Development (002299.SZ), Seaboard (SEB).
Is Cal-Maine Foods expensive compared with its peers?
On ev / sales it trades at 0.9× against a peer median of 1.2×, 9th cheapest of 21 in its peer set.
How has Cal-Maine Foods stock performed?
Over six months to 6 Nov 2026 the shares returned -15.1% against -12.0% for the median peer; over one year -27.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.