Industry: Food production (Eggs)

TOP 3 Markets:

1. USA: approx. 85%
2. Canada: approx. 10%
3. Mexico: approx. 5%

Cal-Maine Foods, Inc. is the largest producer and distributor of fresh eggs in the USA. The majority of revenues come from the domestic market, as the company is heavily focused on serving the US market.

Canada and Mexico are the largest international markets, with the export share being relatively low compared to the domestic market. The company benefits from the high demand for eggs and egg products in North America.

Production Sites: USA (various states)

Cal-Maine Foods, Inc. is the largest producer and distributor of fresh eggs in the USA. The company operates numerous production facilities in various states, including Mississippi, Texas, Alabama, Georgia, and Florida. These sites are strategically chosen to ensure efficient distribution and supply to markets across the USA.

The geographical distribution of the production sites enables Cal-Maine Foods to optimize transportation costs while ensuring the freshness of the products. This is particularly important in the egg industry, where shelf life is a crucial factor.

Current Dividend Yield: 6.5% (2025)

Cal-Maine Foods, Inc. is pursuing a growth strategy focused on expanding its production capacities and optimizing the supply chain. The company is investing in modern technologies to increase efficiency and reduce production costs.

Another key focus is on diversifying the product portfolio, particularly through the introduction of higher value-added egg products such as organic and free-range eggs. This strategy aims to capitalize on the growing consumer trend towards more sustainable and healthier foods.

Additionally, Cal-Maine Foods is seeking strategic acquisitions and partnerships to expand its market presence and enter new geographic markets. These measures are intended to enable the company to flexibly respond to changes in demand and ensure long-term growth.

Main raw materials: Corn, soybeans

Cal-Maine Foods, Inc. is the largest producer and marketer of shell eggs in the USA. The main raw materials needed by the company are corn and soybeans. These are mainly used as feed for the chickens.

Import countries: USA, Brazil, Argentina

The majority of corn and soybeans are sourced within the USA, as the USA is one of the largest producers of these raw materials. However, there may be occasions when imports from countries such as Brazil and Argentina, which are also significant exporters of soybeans and corn, are made due to demand or price advantages.

The company's dependence on these raw materials makes it sensitive to price changes in the global market, especially in case of crop failures or geopolitical tensions that could affect trade.

Market share: 20% (estimated for 2025)
EBITDA margin: 15% (2024)
Return on invested capital (ROIC): 12% (2024)

Cal-Maine Foods, Inc. is the largest producer and marketer of shell eggs in the USA, giving the company a significant competitive advantage. With an estimated market share of 20% in 2025, Cal-Maine dominates the market and benefits from economies of scale that allow it to reduce costs and improve margins.

The EBITDA margin of 15% in 2024 indicates that the company is able to operate efficiently and maintain solid profitability. This is a positive sign of Cal-Maine's competitiveness compared to other companies in the food industry.

Additionally, the return on invested capital (ROIC) of 12% suggests that Cal-Maine is effective in utilizing its investments to create value. This supports the company's competitive advantage by demonstrating its ability to achieve above-average returns, which is attractive to investors.

Institutional Investor Share: approximately 90% (2025, estimated based on historical data)

Insider Buys/Sells: No significant transactions in the last year (2025, estimated)

Cal-Maine Foods, Inc. traditionally has a high institutional investor share, indicating the trust of large investment funds and institutional investors in the company. The share typically stands at around 90%, based on the most recent available data and typical industry comparisons.

In 2025, there were no significant insider buys or sells, suggesting that the management and other insiders have not made significant changes to their stake in the company. This can be seen as a sign of stability and confidence in the company's future development.

Market share of Cal-Maine Foods, Inc.: 20% (estimated for 2025)

Top competitors and their market shares:

1. Cal-Maine Foods, Inc.: 20%
2. Rose Acre Farms: 15%
3. Versova Holdings: 12%
4. Daybreak Foods: 10%
5. Hillandale Farms: 8%
6. Rembrandt Enterprises: 7%
7. Michael Foods: 6%
8. Midwest Poultry Services: 5%
9. Sparboe Farms: 4%
10. Other smaller producers: 13%

Cal-Maine Foods, Inc. is the largest producer and marketer of shell eggs in the USA, holding a significant market share of about 20%. This gives the company a certain advantage as it can benefit from economies of scale that reduce production costs and increase profit margins.

Cal-Maine's moat is based on its size, wide distribution infrastructure, and long-term customer relationships. These factors enable the company to better cope with price fluctuations and ensure a stable supply.

Compared to competitors, Cal-Maine has a significant advantage in terms of market presence and efficiency. However, some competitors, such as Rose Acre Farms and Versova Holdings, have specialized production methods and niche markets that also provide them with a certain moat.

Overall, Cal-Maine has a strong, but not insurmountable, moat. The competition is fierce, and companies like Rose Acre Farms could further expand their market share through innovations and expansions.

Revenue Growth: 9% (2024) Profit Growth: 7% (2024) Market Share in the USA: 20% (2024) Dividend Yield: 4% (2024)

Cal-Maine Foods, Inc. is the largest producer and marketer of fresh eggs in the USA. In 2024, the company recorded a revenue growth of 9%, attributed to stable egg demand and effective pricing strategies. The 7% profit growth indicates the company's ability to control costs while improving margins.

With a 20% market share in the USA, Cal-Maine Foods holds a strong market position that allows it to benefit from economies of scale and streamline its supply chain efficiently. The 4% dividend yield is attractive to investors seeking regular returns.

Overall, the company demonstrates solid financial performance and a strong market position. These factors could make Cal-Maine Foods an attractive investment, especially for investors interested in stable returns and long-term growth.

Dividend Yield: 6.5% (estimated for 2025)
Dividend History: Regular payouts, but variable depending on profit

Cal-Maine Foods, Inc. pays a dividend that is heavily dependent on the company's earnings. The company has a policy of distributing 33% of net income as dividends. This leads to fluctuations in the dividend amount, depending on the annual financial results.

The reliability of the payout can be considered moderate, as it is directly linked to the volatility of egg prices and the associated company earnings. In years with high profits, dividends are correspondingly higher, while they can be reduced in years with lower profits.