Cal-Maine Foods (STU:CM2) EBIT: €799 Mil (TTM As of Feb. 2026)


STU:CM2 Cal-Maine Foods Inc STU:CM2
78 GF Score
Price €70.20
GF Value €61.42
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Cal-Maine Foods EBIT?

Cal-Maine Foods STU:CM2 +2.75% 78 EBIT is €799 Mil as of Feb. 2026. GuruFocus rates STU:CM2 with a GF Score™ of 78/100 and a GF Value™ of €61.42 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Cal-Maine Foods's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was €30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was €799 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cal-Maine Foods's annualized ROC % for the quarter that ended in Feb. 2026 was 7.02%. Cal-Maine Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 9.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cal-Maine Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 34.19%.


Cal-Maine Foods  (STU:CM2) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cal-Maine Foods's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=121.752 * ( 1 - 12.15% )/( (1545.104 + 1501.106)/ 2 )
=106.959132/1523.105
=7.02 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2719.615 - 189.286 - ( 985.225 - max(0, 189.286 - 1517.572+985.225))
=1545.104

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2655.815 - 180.179 - ( 974.53 - max(0, 180.179 - 1480.065+974.53))
=1501.106

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Cal-Maine Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=121.752/( ( (1054.136 + max(319.713, 0)) + (1033.103 + max(283.291, 0)) )/ 2 )
=121.752/( ( 1373.849 + 1316.394 )/ 2 )
=121.752/1345.1215
=9.05 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(203.601 + 294.609 + 10.789) - (189.286 + 0 + 0)
=319.713

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.659 + 295.178 + 11.633) - (180.179 + 0 + 0)
=283.291

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cal-Maine Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=799.237/2337.726
=34.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cal-Maine Foods EBIT Related Terms


Cal-Maine Foods EBIT Historical Data

* Premium members only.

The historical data trend for Cal-Maine Foods's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cal-Maine Foods EBIT Chart

Cal-Maine Foods Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.01 157.43 919.20 333.48 1,422.53

Cal-Maine Foods Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 610.70 446.97 214.14 107.69 30.44

STU:CM2 vs AGRO, FDP, DOLE: EBIT Comparison

For the Farm Products subindustry, Cal-Maine Foods's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cal-Maine Foods EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cal-Maine Foods's EV-to-EBIT falls into.


STU:CM2
78GF Score
Cal-Maine Foods Inc STU:CM2
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cal-Maine Foods EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €799 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €799 Mil mean?
Cal-Maine Foods (STU:CM2) has a EBIT of €799 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cal-Maine Foods.
Is Cal-Maine Foods' EBIT too high?
Cal-Maine Foods' current EBIT is €799 Mil. Overall, Cal-Maine Foods has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cal-Maine Foods' EBIT compare to AGRO and FDP?
Cal-Maine Foods' EBIT of €799 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cal-Maine Foods. Cal-Maine Foods's current EBIT is €799 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cal-Maine Foods stock overvalued right now?
Based on GuruFocus' analysis, Cal-Maine Foods (STU:CM2) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.42, compared to a current price of €70.20 — trading 14.3% above its estimated fair value. The current EBIT is €799 Mil. Cal-Maine Foods' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cal-Maine Foods (STU:CM2), the current EBIT is €799 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cal-Maine Foods (STU:CM2) Overvalued in 2026?

Based on GuruFocus' analysis, Cal-Maine Foods stock appears to be overvalued. The current stock price of €70.20 is trading 14.3% above its estimated GF Value™ of €61.42. GuruFocus considers Cal-Maine Foods to be Modestly Overvalued.

Key valuation signals for STU:CM2:

  • EBIT: €799 Mil
  • GF Value™: €61.42 vs. price of €70.20 (14.3% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the STU:CM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cal-Maine Foods Business Description

Other Exchanges CALM:USA1CALM:Italy
Address 1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, USA, 39157
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.
78GF Score

Get the complete analysis for STU:CM2

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€70.20
Price
€61.42
GF Value