Cal-Maine Foods, Inc.

CALMNASDAQConsumer Defensive● Active

$76.49

+$0.84(+1.11%)

Market Cap$3.6B

P/E Ratio—

52W High$126.4

52W Low$71.92

Avg Volume857K

Open$75.35

Beta0.24

Free Cash Flow Financials Revenue

Cal-Maine Foods, Inc. (CALM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CALM · free cash flow · updated Jun 8, 2026

Core FCF metrics

CALM · FCF · TTM · margin & CAGR

Free cash flow was $1.07B for FY2025 (fiscal year ending 2025-05-31), up 250.8% year-over-year The FCF margin was 25.1%.

FY2025 Free Cash Flow$1.07B▲ +250.8% YoY

Trailing 12M (TTM)$722.9Mtrailing 4 quarters sum

FCF Margin25.1%$1.07B ÷ revenue

3-Year CAGR+170.7%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CALM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.23B(161M)$1.07B▲ +250.8%25.1%

FY2024$451.4M(147M)$304.3M▼ 58.1%13.1%

FY2023$863.0M(137M)$726.4M▲ +1250.0%23.1%

FY2022$126.2M(72M)$53.8M▲ +178.1%3.0%

FY2021$26.1M(95M)−$68.9M▼ 36.3%-5.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CALM · P/FCF · FCF yield · FCF per share

Cal-Maine Foods, Inc. (CALM) trades at a FCF yield of 19.96% and a price-to-free-cash-flow ratio of 5.2x. FCF per share stands at $14.84, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

19.96%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$14.84

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x4.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-05-31

Cash flow statement summary

CALM · cash flow statement · operating / investing / financing

For FY2025, Cal-Maine Foods, Inc. generated $1.23B in operating cash flow and spent 161M in capital expenditures, yielding $1.07B in free cash flow.

Operating Activities

+$1.23B

Cash from core business operations

2025-05-31

Investing Activities

−$579.5M

CapEx, acquisitions & investments

2025-05-31

Financing Activities

−$386.7M

Buybacks, dividends & debt

2025-05-31

FCF FormulaOperating CF ($1.23B) − |CapEx| (161M) = FCF ($1.07B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

CALM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cal-Maine Foods, Inc.YOU

CALM

$1.07B+250.8%25.0%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Cal-Maine Foods, Inc. (CALM) reported free cash flow of $1.07B for FY2025 (fiscal year ending 2025-05-31), up 250.8% year-over-year. The FCF margin was 25.1%.

Based on available data, Cal-Maine Foods, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $1.07B in FY2025.

Cal-Maine Foods, Inc.'s FCF yield is 19.96% and price-to-FCF ratio is 5.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CALM free cash flow · 8 questions

Cal-Maine Foods, Inc. free cash flow was $1.07B for FY2025, up 250.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $722.9M.

CALM free cash flowCALM FCFCALM FCF 2025CALM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cal-Maine Foods, Inc. · Cal-Maine Foods, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026