Cal-Maine Foods Inc
Cal-Maine Foods, Inc., together with its subsidiaries, engages in the production, grading, packaging, marketing, and distribution of shell eggs, egg products, and prepared foods. The company offers specialty shell eggs, including cage-free, organic, brown, free-range, and pasture-raised and nutritionally enhanced eggs, as well as conventional eggs under the Egg-Land's Best, Land O' Lakes, Farmhou… Read more
Cal-Maine Foods Inc (CALM) - Net Assets
Latest net assets as of November 2025: $2.70 Billion USD
Based on the latest financial reports, Cal-Maine Foods Inc (CALM) has net assets worth $2.70 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.14 Billion) and total liabilities ($446.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.70 Billion |
| % of Total Assets | 85.81% |
| Annual Growth Rate | 14.71% |
| 5-Year Change | 153.36% |
| 10-Year Change | 179.72% |
| Growth Volatility | 27.54 |
Cal-Maine Foods Inc - Net Assets Trend (1996–2025)
This chart illustrates how Cal-Maine Foods Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cal-Maine Foods Inc (1996–2025)
The table below shows the annual net assets of Cal-Maine Foods Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $2.57 Billion | +42.79% |
| 2024-05-31 | $1.80 Billion | +11.65% |
| 2023-05-31 | $1.61 Billion | +45.75% |
| 2022-05-31 | $1.10 Billion | +9.04% |
| 2021-05-31 | $1.01 Billion | +0.31% |
| 2020-05-31 | $1.01 Billion | +2.01% |
| 2019-05-31 | $989.81 Million | +3.57% |
| 2018-05-31 | $955.68 Million | +13.17% |
| 2017-05-31 | $844.49 Million | -7.94% |
| 2016-05-31 | $917.36 Million | +30.20% |
| 2015-05-31 | $704.56 Million | +18.46% |
| 2014-05-31 | $594.75 Million | +14.81% |
| 2013-05-31 | $518.04 Million | +8.08% |
| 2012-05-31 | $479.33 Million | +14.43% |
| 2011-05-31 | $418.88 Million | +11.12% |
| 2010-05-31 | $376.96 Million | +13.20% |
| 2009-05-31 | $333.01 Million | +20.06% |
| 2008-05-31 | $277.37 Million | +75.96% |
| 2007-05-31 | $157.63 Million | +30.61% |
| 2006-05-31 | $120.69 Million | -0.95% |
| 2005-05-31 | $121.86 Million | -13.06% |
| 2004-05-31 | $140.16 Million | +112.10% |
| 2003-05-31 | $66.08 Million | +21.35% |
| 2002-05-31 | $54.46 Million | -17.73% |
| 2001-05-31 | $66.20 Million | +7.89% |
| 2000-05-31 | $61.35 Million | -23.88% |
| 1999-05-31 | $80.60 Million | +1.38% |
| 1998-05-31 | $79.50 Million | +6.57% |
| 1997-05-31 | $74.60 Million | +55.74% |
| 1996-05-31 | $47.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cal-Maine Foods Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5347.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.57 Billion | 100.21% |
| Common Stock | $751.00K | 0.03% |
| Other Comprehensive Income | $-1.01 Million | -0.04% |
| Total Equity | $2.56 Billion | 100.00% |
Cal-Maine Foods Inc Competitors by Market Cap
The table below lists competitors of Cal-Maine Foods Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LAGERCRANTZ GROUP SER.B
F:LG72
|
$3.73 Billion |
|
International Bancshares Corporation
NASDAQ:IBOC
|
$3.73 Billion |
|
LEENO Industrial Inc
KQ:058470
|
$3.73 Billion |
|
Sensient Technologies Corporation
NYSE:SXT
|
$3.73 Billion |
|
MISC Bhd
KLSE:3816
|
$3.72 Billion |
|
Zhejiang Crystal Optech Co Ltd
SHE:002273
|
$3.72 Billion |
|
PBF Energy Inc
NYSE:PBF
|
$3.72 Billion |
|
Amada Co. Ltd
OTCGREY:AMDLY
|
$3.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cal-Maine Foods Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,800,147,000 to 2,560,624,000, a change of 760,477,000 (42.2%).
- Net income of 1,220,048,000 contributed positively to equity growth.
- Dividend payments of 330,290,000 reduced retained earnings.
- Share repurchases of 53,953,000 reduced equity.
- Other comprehensive income increased equity by 766,000.
- Other factors decreased equity by 76,094,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.22 Billion | +47.65% |
| Dividends Paid | $330.29 Million | -12.9% |
| Share Repurchases | $53.95 Million | -2.11% |
| Other Comprehensive Income | $766.00K | +0.03% |
| Other Changes | $-76.09 Million | -2.97% |
| Total Change | $- | 42.25% |
Book Value vs Market Value Analysis
This analysis compares Cal-Maine Foods Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 167.75x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-05-31 | $0.52 | $86.62 | x |
| 1997-05-31 | $0.85 | $86.62 | x |
| 1998-05-31 | $1.51 | $86.62 | x |
| 1999-05-31 | $1.61 | $86.62 | x |
| 2000-05-31 | $1.26 | $86.62 | x |
| 2001-05-31 | $1.37 | $86.62 | x |
| 2002-05-31 | $1.16 | $86.62 | x |
| 2003-05-31 | $1.39 | $86.62 | x |
| 2004-05-31 | $2.88 | $86.62 | x |
| 2005-05-31 | $2.56 | $86.62 | x |
| 2006-05-31 | $2.55 | $86.62 | x |
| 2007-05-31 | $3.30 | $86.62 | x |
| 2008-05-31 | $5.81 | $86.62 | x |
| 2009-05-31 | $6.97 | $86.62 | x |
| 2010-05-31 | $7.91 | $86.62 | x |
| 2011-05-31 | $8.75 | $86.62 | x |
| 2012-05-31 | $10.01 | $86.62 | x |
| 2013-05-31 | $10.77 | $86.62 | x |
| 2014-05-31 | $12.30 | $86.62 | x |
| 2015-05-31 | $14.53 | $86.62 | x |
| 2016-05-31 | $18.92 | $86.62 | x |
| 2017-05-31 | $17.42 | $86.62 | x |
| 2018-05-31 | $19.67 | $86.62 | x |
| 2019-05-31 | $20.37 | $86.62 | x |
| 2020-05-31 | $20.83 | $86.62 | x |
| 2021-05-31 | $20.82 | $86.62 | x |
| 2022-05-31 | $22.66 | $86.62 | x |
| 2023-05-31 | $32.99 | $86.62 | x |
| 2024-05-31 | $36.83 | $86.62 | x |
| 2025-05-31 | $52.37 | $86.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cal-Maine Foods Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 47.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.63%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 1.21x
- Recent ROE (47.65%) is above the historical average (14.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 22.76% | 3.85% | 1.89x | 3.13x | $6.11 Million |
| 1997 | 19.84% | 5.06% | 1.60x | 2.44x | $7.34 Million |
| 1998 | 6.79% | 1.75% | 1.52x | 2.56x | $-2.55 Million |
| 1999 | 6.33% | 1.77% | 1.35x | 2.65x | $-2.96 Million |
| 2000 | -28.33% | -6.05% | 1.24x | 3.78x | $-23.51 Million |
| 2001 | 10.31% | 1.90% | 1.53x | 3.55x | $204.40K |
| 2002 | -19.42% | -3.24% | 1.42x | 4.22x | $-16.02 Million |
| 2003 | 18.48% | 3.15% | 1.65x | 3.56x | $5.60 Million |
| 2004 | 47.40% | 11.61% | 1.90x | 2.15x | $52.43 Million |
| 2005 | -8.50% | -2.76% | 1.39x | 2.21x | $-22.54 Million |
| 2006 | -0.85% | -0.21% | 1.51x | 2.65x | $-12.99 Million |
| 2007 | 23.54% | 6.13% | 1.64x | 2.34x | $21.08 Million |
| 2008 | 55.09% | 16.58% | 1.83x | 1.82x | $124.29 Million |
| 2009 | 23.94% | 8.56% | 1.59x | 1.76x | $46.29 Million |
| 2010 | 17.95% | 7.45% | 1.44x | 1.67x | $30.03 Million |
| 2011 | 14.52% | 6.46% | 1.47x | 1.53x | $18.95 Million |
| 2012 | 18.73% | 8.06% | 1.53x | 1.52x | $41.82 Million |
| 2013 | 9.74% | 3.91% | 1.73x | 1.44x | $-1.35 Million |
| 2014 | 18.39% | 7.58% | 1.78x | 1.37x | $49.82 Million |
| 2015 | 22.92% | 10.23% | 1.70x | 1.32x | $90.90 Million |
| 2016 | 34.53% | 16.56% | 1.72x | 1.21x | $224.51 Million |
| 2017 | -8.81% | -6.91% | 1.04x | 1.23x | $-158.55 Million |
| 2018 | 13.21% | 8.38% | 1.31x | 1.21x | $30.60 Million |
| 2019 | 5.48% | 3.98% | 1.18x | 1.17x | $-44.75 Million |
| 2020 | 1.82% | 1.36% | 1.11x | 1.20x | $-82.58 Million |
| 2021 | 0.20% | 0.15% | 1.09x | 1.23x | $-99.22 Million |
| 2022 | 12.01% | 7.46% | 1.24x | 1.30x | $22.19 Million |
| 2023 | 47.05% | 24.09% | 1.60x | 1.22x | $596.92 Million |
| 2024 | 15.44% | 11.94% | 1.06x | 1.22x | $97.87 Million |
| 2025 | 47.65% | 28.63% | 1.37x | 1.21x | $963.99 Million |
Industry Comparison
This section compares Cal-Maine Foods Inc's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cal-Maine Foods Inc (CALM) | $2.70 Billion | 22.76% | 0.17x | $3.72 Billion |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |