Cal-Maine Foods Valuation Multiples

Cal-Maine Foods is valued at $3B as of October 2026, a 0.8x revenue multiple. In the last 12 months, Cal-Maine Foods revenue was $2.7B and Cal-Maine Foods EBITDA was $235M.

Cal-Maine Foods Overview

About Cal-Maine Foods

Cal-Maine Foods Inc is an egg company in the U.S. Its shell egg portfolio includes conventional, specialty, cage-free, nutritionally enhanced, organic, brown, pasture-raised, and free-range eggs. The Company operates through the Conventional Shell Eggs, Specialty Shell Eggs and Prepared Foods segments, with Conventional Shell Eggs generating maximum revenue. The Conventional Shell Eggs segment consists mainly of the production, grading, packaging, marketing and distribution of conventional shell eggs, including Sunups and Sunny Meadow. The Company sells its products to grocery store chains, club stores, independent supermarkets, and foodservice distributors serving restaurants, convenience stores, healthcare and education facilities, and hotels throughout the U.S.


Founded

1969

HQ

United States

Employees

4.9K

Financials (LTM)

Revenue: $2.7B
EBITDA: $235M

EV

$2.2B

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Cal-Maine Foods Financials

Cal-Maine Foods reported last 12-month revenue of $2.7B and EBITDA of $235M.

In the same LTM period, Cal-Maine Foods generated $486M in gross profit, $235M in EBITDA, and $126M in net income.

Revenue (LTM)


Cal-Maine Foods P&L

In the most recent fiscal year, Cal-Maine Foods reported revenue of $2.9B and EBITDA of $489M.

Cal-Maine Foods is profitable as of last fiscal year, with gross margin of 23%, EBITDA margin of 17%, and net margin of 11%.

See analyst estimates for Cal-Maine Foods
LTMLast FY202320242025202620272028
Revenue$2.7B$2.9B$2.7B$3.5B$3.5B
Gross Profit$486M$672M$814M$1.3B$1.2B
Gross Margin18%23%31%38%33%
EBITDA$235M$489M$677M$1.1B$972M
EBITDA Margin9%17%25%33%28%
EBIT Margin4%12%21%29%24%
Net Profit$126M$317M$478M$827M$693M
Net Margin5%11%18%24%20%

Financial data powered by Morningstar, Inc.

Cal-Maine Foods Stock Performance

Cal-Maine Foods has current market cap of $3B, and enterprise value of $2.2B.

Market Cap Evolution


Cal-Maine Foods' stock price is $63.56.

Cal-Maine Foods share price decreased by 25.0% in the last year.

Cal-Maine Foods has an EPS (earnings per share) of $6.78.

See more trading valuation data for Cal-Maine Foods
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2.2B$3B0.0%0.0%-19.5%-25.0%$6.78

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Cal-Maine Foods Valuation Multiples

Cal-Maine Foods trades at 0.8x EV/Revenue multiple, and 9.4x EV/EBITDA.

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EV / Revenue (LTM)


Cal-Maine Foods Financial Valuation Multiples

As of November 1, 2026, Cal-Maine Foods has market cap of $3B and EV of $2.2B.

Cal-Maine Foods has a P/E ratio of 23.5x.

LTMLast FY202320242025202620272028
EV/Revenue0.8x0.8x0.8x0.6x0.6x
EV/EBITDA9.4x4.5x3.3x2.0x2.3x
EV/EBIT20.7x6.5x3.9x2.2x2.6x
EV/Gross Profit4.6x3.3x2.7x1.7x1.9x
P/E23.5x9.4x6.2x3.6x4.3x
EV/FCF26.2x6.7x4.6x3.0x3.5x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Cal-Maine Foods Valuation Multiples

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Cal-Maine Foods Margins & Growth Rates

Cal-Maine Foods decreased revenue by 20% and EBITDA by 118% in the last fiscal year.

In the most recent fiscal year, Cal-Maine Foods reported gross margin of 23%, EBITDA margin of 17%, and net margin of 11%.

See estimated margins and future growth rates for Cal-Maine Foods

Cal-Maine Foods Margins

Last FY202420252026202720282029
Gross Margin23%38%33%15%
EBITDA Margin17%33%28%6%
EBIT Margin12%29%24%0%
Net Margin11%24%20%2%
FCF Margin11%22%18%7%

Cal-Maine Foods Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(20%)30%1%(26%)
Gross Profit Growth(74%)60%(11%)(67%)
EBITDA Growth(118%)67%(14%)(84%)
EBIT Growth(165%)78%(17%)(99%)
Net Profit Growth(142%)73%(16%)(92%)
FCF Growth(79%)56%(15%)(72%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Cal-Maine Foods Operational KPIs

Cal-Maine Foods' revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.1M for the same period.

Cal-Maine Foods' Rule of 40 is (20%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Cal-Maine Foods' Rule of X is (59%) (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Cal-Maine Foods
LTMLast FY202320242025202620272028
Rule of 401%(20%)---
Bessemer Rule of X(12%)(59%)---
Revenue per Employee-$0.6M---
Opex per Employee-$0.1M---
S&M Expenses to Revenue--4%2%2%
G&A Expenses to Revenue--5%6%8%
Opex to Revenue-11%9%8%9%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Cal-Maine Foods Competitors

Cal-Maine Foods competitors include The Marzetti, Unilever Indonesia, China Feihe, Ebro Foods, Indofood, Greencore Group, Leroy Seafood Group, Premium Brands Holdings, CJ and United Breweries.

Most Cal-Maine Foods public comparables operate across Food & Beverages.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
The Marzetti$1.9B$315M1.7x1.6x10.2x10.2x
Unilever Indonesia$1.8B$290M1.6x1.5x9.8x9.3x
China Feihe$2.7B$515M0.4x0.4x1.9x1.8x
Ebro Foods$3.4B$490M1.0x1.0x6.9x7.2x
Indofood$6.8B$1.5B1.0x0.9x4.5x4.1x
Greencore Group$2.6B$211M1.7x1.0x20.9x9.2x
Leroy Seafood Group$3.7B$307M1.1x1.1x13.1x7.8x
Premium Brands Holdings$5.3B$315M1.0x0.8x16.8x9.1x

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Acquisitions by Cal-Maine Foods

Cal-Maine Foods has acquired 8 companies to date.

Last acquisition by Cal-Maine Foods was on May 11th 2026. Cal-Maine Foods acquired Van's Natural Foods for undisclosed valuation.

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Latest Acquisitions by Cal-Maine Foods

Van's Natural Foods
Creighton Brothers
Crystal Lake
Echo Lake Foods
Description
Van's Natural Foods produces gluten-free and allergy-friendly frozen breakfast foods for consumers seeking nutritious, convenient meals.
Creighton Brothers manages three million laying hens through a brooding and growing program, alongside crop farming of 8,000 acres of corn and soybeans and a feed mill producing 400 tons of feed daily to support poultry production.
Crystal Lake is a producer of egg products serving the food service and food manufacturing industries.
Echo Lake Foods produces egg-based products and breakfast entrees from facilities in Elmhurst, Illinois, and St. Charles, Minnesota. The company manufactures precooked scrambled eggs, diced eggs, French toast, waffles, pancakes, and heat-and-serve dinner rolls. Echo Lake supplies foodservice operators, schools, and retailers with IQF products meeting USDA standards for large-scale preparation.
HQ CountryMexicoUnited StatesUnited StatesUnited States
HQ City
Arizona
Warsaw, IN
Salina, KS
-
Deal Date11 May 20261 Mar 20261 Mar 20268 Apr 2025
Valuationundisclosedundisclosedundisclosed$258M
EV/Revenue
EV/EBITDA

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About Cal-Maine Foods

Who are competitors of Cal-Maine Foods?Cal-Maine Foods main competitors include The Marzetti, Unilever Indonesia, China Feihe, Ebro Foods, Indofood, Greencore Group, Leroy Seafood Group, Premium Brands Holdings, CJ, United Breweries.

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