Cal-Maine Foods, Inc. (CALM) Balance Sheet
CALM balance sheet, FY2026
May 31, 2026 · U.S. dollars$3.11B assets = $467.0M liabilities + $2.64B equity
Both columns are drawn to the same scale: what CALM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CALM financial health
Current ratio7.70
Comfortable · current assets cover current liabilities 7.70×
Equity / assets84.7%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles5.5%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
CALM balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.03BFY2017 | $3.11BFY2026 | +13.0%/yr | |
| Total liabilities | $188.6MFY2017 | $467.0MFY2026 | +10.6%/yr | |
| Shareholders’ equity | $842.7MFY2017 | $2.63BFY2026 | +13.5%/yr | |
| Cash & short-term investments | $156.0MFY2017 | $924.1MFY2026 | +21.9%/yr | |
| Total debt | $10.9MFY2017 | $918,000FY2023 | −33.8%/yr | |
| Net cash (debt) | $145.1MFY2017 | $647.0MFY2023 | +$501.9M | |
| Working capital | $371.5MFY2017 | $1.38BFY2026 | +$1.0B | |
| Book value per share | $17.42FY2017 | $55.10FY2026 | +13.6%/yr | |
| Current ratio | 6.74FY2017 | 7.70FY2026 | +0.95 | |
| Debt / equity | 0.01FY2017 | 0.00FY2023 | −0.01 | |
| Shares outstanding | 48.4MFY2017 | 47.8MFY2026 | −0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CALM assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
CALM liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
CALM debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CALM balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $924.1M | $1.39B | $812.4M | $647.9M | $174.5M | $169.5M | $232.3M | $319.4M | $331.0M | $156.0M |
| Cash & equivalents | $107.2M | $500.4M | $237.9M | $292.8M | $59.1M | $57.4M | $78.1M | $69.2M | $48.4M | $17.6M |
| Short-term investments | $816.8M | $892.7M | $574.5M | $355.1M | $115.4M | $112.2M | $154.2M | $250.2M | $282.6M | $138.5M |
| Receivables | $264.4M | $272.4M | $162.4M | $187.2M | $219.4M | $126.6M | $98.4M | $71.8M | $85.8M | $117.2M |
| Inventory | $375.3M | $295.7M | $261.8M | $284.4M | $263.3M | $218.4M | $187.2M | $172.2M | $168.6M | $160.7M |
| Other current assets | $17.8M | $7.0M | $5.2M | $5.4M | $4.3M | $5.4M | $4.4M | $4.3M | $2.0M | $2.3M |
| Total current assets | $1.58B | $1.97B | $1.24B | $1.12B | $661.5M | $519.9M | $522.3M | $567.8M | $587.5M | $436.2M |
| Property, plant & equipment (net) | $1.32B | $1.03B | $857.2M | $744.5M | $679.2M | $591.7M | $560.6M | $456.3M | $425.4M | $458.2M |
| Goodwill & intangible assets | $170.2M | $61.9M | $61.8M | $59.9M | $62.1M | $55.9M | $58.3M | $59.3M | $61.8M | $64.7M |
| Long-term investments | $0 | $11.1M | $11.2M | $14.4M | $15.5M | $54.9M | $61.0M | $67.6M | $66.8M | $69.3M |
| Other non-current assets | $37.5M | $34.7M | $26.9M | $19.9M | $18.9M | $19.7M | $13.8M | $5.4M | $8.9M | $4.7M |
| Total assets | $3.11B | $3.10B | $2.20B | $1.96B | $1.44B | $1.24B | $1.22B | $1.16B | $1.15B | $1.03B |
| Liabilities | ||||||||||
| Accounts payable | $96.1M | $101.0M | $75.9M | $82.6M | $82.0M | $52.8M | $55.9M | $73.2M | $37.8M | $30.6M |
| Short-term debt | — | — | — | — | $696,000 | $906,000 | $1.0M | $1.7M | $3.5M | $4.8M |
| Deferred revenue | — | — | — | — | — | — | −$36.3M | −$34.0M | $17.4M | −$29.2M |
| Total current liabilities | $205.5M | $308.4M | $227.7M | $182.7M | $184.7M | $90.1M | $93.2M | $74.9M | $107.8M | $64.7M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $2.4M | $858,000 | $2.6M | $6.1M |
| Lease obligations | — | — | — | — | $1.4M | $2.4M | $3.4M | $1.1M | — | — |
| Other long-term liabilities | $261.5M | $228.1M | $174.1M | $171.4M | $148.3M | $139.2M | $110.7M | $90.7M | $84.4M | $117.8M |
| Total liabilities | $467.0M | $536.5M | $401.9M | $354.1M | $333.0M | $229.3M | $206.3M | $166.5M | $194.8M | $188.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $54.1M | $50.7M |
| Retained earnings (deficit) | $2.77B | $2.57B | $1.76B | $1.57B | $1.07B | $976.0M | $975.1M | $954.5M | $924.9M | $816.0M |
| Treasury stock | — | — | — | −$30.0M | −$28.4M | −$27.4M | −$26.7M | −$25.9M | −$25.0M | −$23.9M |
| Accumulated other comprehensive income | −$1.5M | −$1.0M | −$1.8M | −$2.9M | −$1.6M | −$557,999 | $79,000 | $355,000 | −$693,000 | −$128,000 |
| Minority interest | $7.8M | $5.4M | −$3.1M | −$1.5M | −$206,000 | — | — | $3.2M | $2.3M | $1.8M |
| Total shareholders' equity | $2.63B | $2.56B | $1.80B | $1.61B | $1.10B | $1.01B | $1.01B | $989.8M | $953.3M | $842.7M |
| Key figures | ||||||||||
| Total debt | — | — | — | $918,000 | $1.4M | $2.4M | $3.4M | $2.6M | $6.1M | $10.9M |
| Net cash (debt) | — | — | — | $647.0M | $173.1M | $167.1M | $228.9M | $316.9M | $324.9M | $145.1M |
| Working capital | $1.38B | $1.66B | $1.01B | $942.2M | $476.8M | $429.8M | $429.1M | $492.8M | $479.7M | $371.5M |
| Tangible book value | $2.46B | $2.50B | $1.74B | $1.55B | $1.04B | $956.9M | $951.3M | $930.5M | $891.5M | $778.0M |
| Book value per share | $55.10 | $52.37 | $36.83 | $32.99 | $22.66 | $20.82 | $20.78 | $20.37 | $19.67 | $17.42 |
| Shares outstanding | 47.8M | 48.9M | 48.9M | 48.8M | 48.7M | 48.7M | 48.6M | 48.6M | 48.5M | 48.4M |
| Current ratio | 7.70 | 6.38 | 5.45 | 6.16 | 3.58 | 5.77 | 5.60 | 7.58 | 5.45 | 6.74 |
| Quick ratio | 5.78 | 5.40 | 4.28 | 4.57 | 2.13 | 3.29 | 3.55 | 5.22 | 3.87 | 4.22 |
| Debt / equity | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Equity / assets | 84.7% | 82.5% | 81.9% | 82.0% | 76.8% | 81.5% | 83.0% | 85.6% | 82.9% | 81.6% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $767.6M | $924.1M | $1.15B | $1.14B | $1.25B | $1.39B | $1.24B | $797.2M | $753.6M | $812.4M | $694.8M | $567.8M |
| Cash & equivalents | $113.5M | $107.2M | $392.2M | $369.4M | $251.9M | $500.4M | $497.2M | $140.3M | $181.7M | $237.9M | $367.1M | $361.8M |
| Short-term investments | $654.0M | $816.8M | $759.8M | $769.5M | $1.00B | $892.7M | $743.1M | $656.9M | $571.9M | $574.5M | $327.7M | $206.0M |
| Receivables | $285.2M | $264.4M | $234.9M | $262.4M | $245.9M | $272.4M | $428.4M | $317.8M | $282.6M | $162.4M | $246.6M | $199.2M |
| Inventory | $394.7M | $375.3M | $348.9M | $340.6M | $328.4M | $295.7M | $307.3M | $299.4M | $293.2M | $261.8M | $269.2M | $287.3M |
| Other current assets | $24.4M | $17.8M | $13.8M | $12.5M | $19.1M | $7.0M | $7.2M | $10.3M | $14.2M | $5.2M | $6.9M | $9.7M |
| Total current assets | $1.47B | $1.58B | $1.75B | $1.75B | $1.85B | $1.97B | $1.98B | $1.42B | $1.34B | $1.24B | $1.22B | $1.06B |
| Property, plant & equipment (net) | $1.31B | $1.32B | $1.22B | $1.22B | $1.20B | $1.03B | $1.01B | $975.6M | $960.1M | $857.2M | $826.6M | $815.5M |
| Goodwill & intangible assets | $193.7M | $170.2M | $140.4M | $142.2M | $126.3M | $61.9M | $62.4M | $62.0M | $62.0M | $61.8M | $62.3M | $62.9M |
| Long-term investments | $0 | $0 | $9.2M | $10.0M | $10.9M | $11.1M | $13.0M | $11.0M | $11.8M | $11.2M | $16.4M | $14.4M |
| Other non-current assets | $35.5M | $37.5M | $19.0M | $18.9M | $16.8M | $34.7M | $17.5M | $16.9M | $12.8M | $26.9M | $10.7M | $10.2M |
| Total assets | $3.01B | $3.11B | $3.14B | $3.14B | $3.20B | $3.10B | $3.08B | $2.49B | $2.39B | $2.20B | $2.13B | $1.97B |
| Liabilities | ||||||||||||
| Accounts payable | $102.4M | $96.1M | $106.5M | $123.5M | $108.8M | $101.0M | $170.4M | $116.8M | $128.6M | $75.9M | $95.6M | $98.1M |
| Total current liabilities | $191.1M | $205.5M | $213.0M | $218.8M | $270.0M | $308.4M | $513.7M | $260.8M | $325.4M | $227.7M | $215.7M | $153.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $242.3M | $261.5M | $219.2M | $227.5M | $224.5M | $228.1M | $180.4M | $177.9M | $165.5M | $174.1M | $196.9M | $189.1M |
| Total liabilities | $433.4M | $467.0M | $432.1M | $446.3M | $494.5M | $536.5M | $694.1M | $438.6M | $490.9M | $401.9M | $412.6M | $342.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 | $751,000 |
| Retained earnings (deficit) | $2.71B | $2.77B | $2.80B | $2.77B | $2.70B | $2.57B | $2.34B | $2.00B | $1.86B | $1.76B | $1.68B | $1.58B |
| Accumulated other comprehensive income | −$2.4M | −$1.5M | $1.4M | $1.3M | $954,000 | −$1.0M | −$757,000 | −$908,000 | −$474,000 | −$1.8M | −$1.5M | −$1.6M |
| Minority interest | — | $7.8M | $7.0M | $6.3M | $5.2M | $5.4M | — | — | — | — | — | — |
| Total shareholders' equity | $2.57B | $2.63B | $2.70B | $2.69B | $2.70B | $2.56B | $2.38B | $2.05B | $1.90B | $1.80B | $1.72B | $1.63B |
| Key figures | ||||||||||||
| Working capital | $1.28B | $1.38B | $1.54B | $1.54B | $1.58B | $1.66B | $1.47B | $1.16B | $1.02B | $1.01B | $1.00B | $910.1M |
| Tangible book value | $2.38B | $2.46B | $2.56B | $2.55B | $2.57B | $2.50B | $2.32B | $1.98B | $1.84B | $1.74B | $1.66B | $1.56B |
| Book value per share | $55.02 | $56.02 | $56.95 | $55.88 | $55.69 | $52.60 | $48.64 | $41.77 | $38.88 | $36.81 | $35.26 | $33.28 |
| Shares outstanding | 46.7M | 47.0M | 47.4M | 48.2M | 48.4M | 48.7M | 49.0M | 49.0M | 48.9M | 48.9M | 48.9M | 48.9M |
| Current ratio | 7.70 | 7.70 | 8.21 | 8.02 | 6.84 | 6.38 | 3.86 | 5.46 | 4.13 | 5.45 | 5.65 | 6.92 |
| Quick ratio | 5.51 | 5.78 | 6.51 | 6.40 | 5.55 | 5.40 | 3.25 | 4.28 | 3.18 | 4.28 | 4.36 | 4.99 |
| Equity / assets | 85.3% | 84.7% | 86.0% | 85.6% | 84.4% | 82.5% | 77.3% | 82.1% | 79.6% | 81.9% | 80.8% | 82.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 22, 2026); data from EODHD.
CALM financial position
At the end of fiscal 2026 (May 31, 2026), Cal-Maine Foods had total assets of $3.1 billion (up 0.2% from a year earlier), total liabilities of $467.0 million and shareholders' equity of $2.6 billion. Its current ratio was 7.70. In the latest quarter (ended August 31, 2026) total assets were $3.0 billion and equity $2.6 billion.
Related: CALM income statement, CALM cash flow statement, CALM key metrics. See the CALM stock overview for the latest quote and news.
CALM balance sheet FAQ
What are Cal-Maine Foods's total assets?
Cal-Maine Foods reported total assets of $3.1 billion at the end of fiscal 2026 (May 31, 2026), compared with $3.1 billion a year earlier.
How much cash does Cal-Maine Foods have?
Cal-Maine Foods held $924.1 million in cash and short-term investments at the end of fiscal 2026.
What is Cal-Maine Foods's book value?
Cal-Maine Foods's shareholders' equity (book value) was $2.6 billion at the end of fiscal 2026, or $55.10 per share.
What is Cal-Maine Foods's current ratio?
Cal-Maine Foods had current assets of $1.6 billion and current liabilities of $205.5 million, a current ratio of 7.70 (it can cover its short-term obligations).
How much goodwill does Cal-Maine Foods have?
Cal-Maine Foods carried $170.2 million of goodwill and intangible assets, 5.5% of total assets, at the end of fiscal 2026.