Cal-Maine Foods Inc (CALM)
Gross profit margin
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,850,885 | 1,505,811 | 976,132 | 838,662 | 810,016 | 714,710 | 619,404 | 446,265 | 273,126 | 380,088 | 487,050 | 904,643 | 1,322,236 | 1,441,993 | 1,561,750 | 1,316,214 | 1,070,678 | 947,914 | 825,150 | 699,242 |
| Revenue (ttm) | US$ in thousands | 4,261,882 | 3,799,011 | 3,022,120 | 2,778,385 | 2,695,590 | 2,584,704 | 2,467,149 | 2,222,959 | 1,979,227 | 2,138,004 | 2,303,450 | 2,834,197 | 3,378,493 | 3,491,513 | 3,606,434 | 3,267,285 | 2,922,859 | 2,714,123 | 2,503,481 | 2,322,622 |
| Gross profit margin | 43.43% | 39.64% | 32.30% | 30.19% | 30.05% | 27.65% | 25.11% | 20.08% | 13.80% | 17.78% | 21.14% | 31.92% | 39.14% | 41.30% | 43.30% | 40.28% | 36.63% | 34.93% | 32.96% | 30.11% |
May 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,850,885K ÷ $4,261,882K
= 43.43%
The gross profit margin of Cal-Maine Foods Inc. demonstrates notable fluctuations over the analyzed period. Starting from 30.11% on August 27, 2022, it exhibits an upward trend reaching a peak of approximately 43.30% on February 28, 2023. This rise indicates improved efficiency in generating gross profit relative to sales during this interval, possibly due to favorable pricing strategies, cost management, or market conditions.
Following this peak, a significant decline is observed, with the gross profit margin dropping to approximately 21.14% by September 2, 2023, and further down to 13.80% on December 2, 2023. This downward trend suggests increased costs, competitive pressures, or declining selling prices impacting profitability.
Subsequently, the margin begins to recover, reaching about 25.11% on March 2, 2024, and continuing an upward trajectory to 43.43% by May 31, 2025. This resurgence indicates a potential restructuring or market improvement, allowing the company to enhance its gross profitability again.
Overall, the gross profit margin has experienced substantial volatility, reflecting underlying shifts in operational costs, supply chain conditions, or pricing strategies. The recent trend toward recovery hints at a possible stabilization or strategic adjustments aimed at restoring margins to higher levels.