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Cal-Maine Foods Inc. (CALM) Stock Fundamental Analysis & AI Rating 2026

CALM Nasdaq Agricultural Prod-Livestock & Animal Specialties DE CIK: 0000016160
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-11-29
Combined AI Rating
BUY
87% Confidence
AGREEMENT
STRONG BUY
92% Conf
BUY
82% Conf

📊 CALM Key Takeaways

Revenue: $1.7B
Net Margin: 17.9%
Free Cash Flow: $281.2M
Current Ratio: 8.02x
Debt/Equity: 0.00x
EPS: $6.26
AI Rating: STRONG BUY with 92% confidence
Cal-Maine Foods Inc. (CALM) receives a BUY rating with 87% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.7B, net profit margin of 17.9%, and return on equity (ROE) of 11.2%, Cal-Maine Foods Inc. demonstrates strong fundamentals in the Market sector. Below is our complete CALM stock analysis for 2026.

Is Cal-Maine Foods Inc. (CALM) a Good Investment?

Claude

Cal-Maine Foods demonstrates exceptional financial health with fortress-like balance sheet strength (0.00x debt/equity, 8.02x current ratio) and exceptional profitability (17.9% net margin, 22.0% operating margin). The company generates substantial free cash flow of $281.2M with 16.6% FCF margin, enabling significant capital deployment while maintaining zero meaningful debt burden.

ChatGPT

Cal-Maine Foods shows strong underlying fundamentals, with high margins, solid free cash flow generation, and an exceptionally conservative balance sheet with minimal debt. Liquidity is very strong, giving the company flexibility through industry cycles, although the near-flat net income growth suggests earnings momentum may still be uneven despite sharply higher diluted EPS.

Why Buy Cal-Maine Foods Inc. Stock? CALM Key Strengths

Claude
  • + Exceptional liquidity position with 8.02x current ratio and $369.4M cash against minimal 2.3M long-term debt
  • + Industry-leading profitability margins with 30.7% gross margin and 17.9% net margin reflecting pricing power and operational efficiency
  • + Strong free cash flow generation of $281.2M with 16.6% FCF margin, providing flexibility for investments and returns
  • + Impressive earnings growth with 338.5% YoY EPS increase despite modest net income growth, indicating improved capital efficiency
  • + Robust interest coverage of 679.5x demonstrates zero financial distress risk with operating income vastly exceeding debt service
  • + Solid asset base of 3.1B with 87% equity-financed, indicating conservative capital structure
ChatGPT
  • + Strong profitability profile with 30.7% gross margin, 22.0% operating margin, and 17.9% net margin
  • + Excellent financial health driven by $369.45M cash, very low long-term debt, and strong liquidity ratios
  • + Healthy cash generation with $373.36M operating cash flow and $281.22M free cash flow

CALM Stock Risks: Cal-Maine Foods Inc. Investment Risks

Claude
  • ! Commodity-driven business with egg prices subject to significant volatility and margin compression from feed costs and disease outbreaks
  • ! Agricultural sector exposure to avian flu and other disease risks that can rapidly impact flock economics and production capacity
  • ! Limited revenue growth visibility with YoY revenue figures not disclosed, suggesting potential market saturation or cyclical headwinds
  • ! High operating leverage in commodity markets means profitability could deteriorate significantly if egg prices normalize downward
  • ! Insider activity showing 13 Form 4 filings in 90 days warrants monitoring for potential insider concerns
ChatGPT
  • ! Net income growth was essentially flat, which may indicate limited near-term earnings expansion
  • ! Business fundamentals can be sensitive to commodity costs, supply conditions, and demand volatility in egg markets
  • ! ROE of 11.2% is solid but not exceptional relative to the company’s very large equity base

Key Metrics to Watch

Claude
  • * Gross margin sustainability and egg price trend relative to feed costs
  • * Operating cash flow consistency across production cycles
  • * Free cash flow conversion and capital allocation strategy
  • * Total debt levels and any leverage changes
  • * Revenue volume trends and market share dynamics
  • * Avian flu impact on flock health and production capacity
ChatGPT
  • * Revenue and net income growth consistency across future periods
  • * Free cash flow and operating margin sustainability

Cal-Maine Foods Inc. (CALM) Financial Metrics & Key Ratios

Revenue
$1.7B
Net Income
$302.1M
EPS (Diluted)
$6.26
Free Cash Flow
$281.2M
Total Assets
$3.1B
Cash Position
$369.5M

💡 AI Analyst Insight

Strong liquidity with a 8.02x current ratio provides a solid financial cushion.

CALM Profit Margin, ROE & Profitability Analysis

Gross Margin 30.7%
Operating Margin 22.0%
Net Margin 17.9%
ROE 11.2%
ROA 9.6%
FCF Margin 16.6%

CALM vs Market Sector: How Cal-Maine Foods Inc. Compares

How Cal-Maine Foods Inc. compares to Market sector averages

Net Margin
CALM 17.9%
vs
Sector Avg 12.0%
CALM Sector
ROE
CALM 11.2%
vs
Sector Avg 15.0%
CALM Sector
Current Ratio
CALM 8.0x
vs
Sector Avg 1.8x
CALM Sector
Debt/Equity
CALM 0.0x
vs
Sector Avg 0.7x
CALM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cal-Maine Foods Inc. Stock Overvalued? CALM Valuation Analysis 2026

Based on fundamental analysis, Cal-Maine Foods Inc. appears fundamentally strong relative to the Market sector in 2026.

Return on Equity
11.2%
Sector avg: 15%
Net Profit Margin
17.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cal-Maine Foods Inc. Balance Sheet: CALM Debt, Cash & Liquidity

Current Ratio
8.02x
Quick Ratio
6.46x
Debt/Equity
0.00x
Debt/Assets
14.2%
Interest Coverage
679.51x
Long-term Debt
$2.3M

CALM Revenue & Earnings Growth: 5-Year Financial Trend

CALM 5-year financial data: Year 2021: Revenue $1.4B, Net Income $54.2M, EPS $1.12. Year 2022: Revenue $1.8B, Net Income $18.4M, EPS $0.38. Year 2023: Revenue $3.1B, Net Income $2.1M, EPS $0.04. Year 2024: Revenue $3.1B, Net Income $132.7M, EPS $2.72. Year 2025: Revenue $4.3B, Net Income $758.0M, EPS $15.52.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cal-Maine Foods Inc.'s revenue has grown significantly by 213% over the 5-year period, indicating strong business expansion. The most recent EPS of $15.52 reflects profitable operations.

CALM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
16.6%
Free cash flow / Revenue

CALM Quarterly Earnings & Performance

Quarterly financial performance data for Cal-Maine Foods Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $667.0M $50.5M $1.06
Q2 2026 $769.5M $102.8M $2.13
Q1 2026 $785.9M $150.0M $3.06
Q3 2025 $703.1M $146.7M $3.00
Q2 2025 $523.2M $17.0M $0.35
Q1 2025 $459.3M $926.0K $0.02
Q3 2024 $703.1M $146.7M $3.00
Q2 2024 $523.2M $17.0M $0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cal-Maine Foods Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$373.4M
Cash generated from operations
Stock Buybacks
$871.0K
Shares repurchased (TTM)
Capital Expenditures
$92.1M
Investment in assets
Dividends Paid
$180.5M
Returned to shareholders

CALM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cal-Maine Foods Inc. (CIK: 0000016160)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 8-K 8k20260331.htm View →
Apr 1, 2026 10-Q calm-20260228.htm View →
Apr 1, 2026 8-K 8k20260401.htm View →
Mar 3, 2026 8-K 8k20260302.htm View →
Jan 14, 2026 4 xslF345X05/primary_01.xml View →

Frequently Asked Questions about CALM

What is the AI rating for CALM?

Cal-Maine Foods Inc. (CALM) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 87% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CALM's key strengths?

Claude: Exceptional liquidity position with 8.02x current ratio and $369.4M cash against minimal 2.3M long-term debt. Industry-leading profitability margins with 30.7% gross margin and 17.9% net margin reflecting pricing power and operational efficiency. ChatGPT: Strong profitability profile with 30.7% gross margin, 22.0% operating margin, and 17.9% net margin. Excellent financial health driven by $369.45M cash, very low long-term debt, and strong liquidity ratios.

What are the risks of investing in CALM?

Claude: Commodity-driven business with egg prices subject to significant volatility and margin compression from feed costs and disease outbreaks. Agricultural sector exposure to avian flu and other disease risks that can rapidly impact flock economics and production capacity. ChatGPT: Net income growth was essentially flat, which may indicate limited near-term earnings expansion. Business fundamentals can be sensitive to commodity costs, supply conditions, and demand volatility in egg markets.

What is CALM's revenue and growth?

Cal-Maine Foods Inc. reported revenue of $1.7B.

Does CALM pay dividends?

Cal-Maine Foods Inc. pays dividends, with $180.5M distributed to shareholders in the trailing twelve months.

Where can I find CALM SEC filings?

Official SEC filings for Cal-Maine Foods Inc. (CIK: 0000016160) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CALM's EPS?

Cal-Maine Foods Inc. has a diluted EPS of $6.26.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CALM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Cal-Maine Foods Inc. has a BUY rating with 87% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CALM stock overvalued or undervalued?

Valuation metrics for CALM: ROE of 11.2% (sector avg: 15%), net margin of 17.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy CALM stock in 2026?

Our dual AI analysis gives Cal-Maine Foods Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CALM's free cash flow?

Cal-Maine Foods Inc.'s operating cash flow is $373.4M, with capital expenditures of $92.1M. FCF margin is 16.6%.

How does CALM compare to other Market stocks?

Vs Default sector averages: Net margin 17.9% (avg: 12%), ROE 11.2% (avg: 15%), current ratio 8.02 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-11-29 | Powered by Claude AI