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Cal-Maine Foods (Cal-Maine Foods) 10-Year ROIIC % : 101.65% (As of May. 2023)


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What is Cal-Maine Foods 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Cal-Maine Foods's 10-Year ROIIC % for the quarter that ended in May. 2023 was 101.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Cal-Maine Foods's 10-Year ROIIC % or its related term are showing as below:

CALM's 10-Year ROIIC % is ranked better than
95.77% of 1727 companies
in the Consumer Packaged Goods industry
Industry Median: 3.23 vs CALM: 101.65

Cal-Maine Foods 10-Year ROIIC % Historical Data

The historical data trend for Cal-Maine Foods's 10-Year ROIIC % 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.

* Premium members only.

Cal-Maine Foods 10-Year ROIIC % Chart

Cal-Maine Foods Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.64 -12.30 -8.35 7.51 101.65

Cal-Maine Foods Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
10-Year ROIIC % 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 - 101.65 - - -

Competitive Comparison of Cal-Maine Foods's 10-Year ROIIC %

For the Farm Products subindustry, Cal-Maine Foods's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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's 10-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Cal-Maine Foods's 10-Year ROIIC % falls into.



Cal-Maine Foods 10-Year ROIIC % Calculation

Cal-Maine Foods's 10-Year ROIIC % for the quarter that ended in May. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 730.70865 (May. 2023) - 58.8362181 (May. 2013) )/( 1123.88 (May. 2023) - 462.912 (May. 2013) )
=671.8724319/660.968
=101.65%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Cal-Maine Foods  (NAS:CALM) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Cal-Maine Foods 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Cal-Maine Foods's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cal-Maine Foods (Cal-Maine Foods) Business Description

Traded in Other Exchanges
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.
Executives
Charles Jeff Hardin officer: Vice President Marketing 3650 GUENTHER ROAD, LAGRANGE TX 78945
Michael Todd Walters officer: COO 1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Letitia Callender Hughes director 48 AVERY CIRCLE, JACKSON MS 39211
James E Poole director PO BOX 5167, JACKSON MS 39296
Matthew Samuel Glover officer: Vice President - Accounting 1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Camille S Young director 2992 WEST BEACH BLVD, GULFPORT MS 39501
Adolphus B Baker director, 10 percent owner, officer: Chairman, President & CEO P. O. BOX 2960, JACKSON MS 39207
Jean Morris Adams 10 percent owner 312 VIEWPOINTE PLACE, CLINTON MS 39056
Holladay Robert L Jr officer: VP - General Counsel 3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Max P Bowman director, officer: Vice President, CFO, Sec/Treas 3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Dlnl, Llc 10 percent owner 3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Adams Fred R Jr 10 percent owner C/O CM FOODS, PO BOX 2960, JACKSON MS 39207
Steve W Sanders director 2 OAKLEIGH PLACE, JACKSON MS 39211
Michael D Castleberry officer: Vice President, Controller 3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Timothy A Dawson director, officer: Vice President, CFO, Sec/Treas CAL-MAINE FOODS, INC., PO BOX 2960, JACKSON MS 39207