Cal-Maine Foods, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.91B | $4.26B | $2.33B | $3.15B | $1.78B | $1.35B | $1.35B | $1.36B |
| Cost of Revenue | $2.24B | $2.41B | $1.78B | $1.95B | $1.44B | $1.19B | $1.17B | $1.14B |
| Gross Profit | $672.0M | $1.85B | $541.6M | $1.20B | $337.1M | $160.7M | $179.6M | $222.9M |
| Gross Margin | 23.1% | 43.4% | 23.3% | 38.0% | 19.0% | 11.9% | 13.3% | 16.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $329.3M | $314.4M | $252.6M | $232.2M | $198.6M | $183.9M | $178.2M | $177.0M |
| Operating Income | $350.2M | $1.54B | $312.5M | $967.7M | $143.5M | $-26.3M | $1.3M | $45.8M |
| Operating Margin | 12.0% | 36.1% | 13.4% | 30.8% | 8.1% | -1.9% | 0.1% | 3.4% |
| Interest Expense | — | — | $549.0K | $583.0K | $403.0K | $213.0K | $498.0K | $644.0K |
| Pretax Income | $411.0M | $1.60B | $360.0M | $998.6M | $166.0M | $-9.9M | $20.1M | $70.8M |
| Income Tax Expense | $92.9M | $384.9M | $83.7M | $241.8M | $33.6M | $-12.0M | $1.7M | $15.7M |
| Net Income | $316.7M | $1.22B | $277.9M | $758.0M | $132.7M | $2.1M | $18.4M | $54.2M |
| Net Margin | 10.9% | 28.6% | 11.9% | 24.1% | 7.5% | 0.2% | 1.4% | 4.0% |
| EPS (Basic) | $6.65 | $25.04 | $5.70 | $15.58 | $2.73 | $0.04 | $0.38 | $1.12 |
| EPS (Diluted) | $6.63 | $24.95 | $5.69 | $15.52 | $2.72 | $0.04 | $0.38 | $1.12 |
| Shares Outstanding (Basic) | 47.7M | 48.7M | 48.7M | 48.6M | 48.6M | 48.5M | 48.5M | 48.5M |
| Shares Outstanding (Diluted) | 47.8M | 48.9M | 48.9M | 48.8M | 48.7M | 48.7M | 48.6M | 48.6M |
| Dividends Per Share | $2.46 | $8.32 | $1.89 | $5.16 | $0.87 | $0.03 | $0.00 | $0.51 |