Cal-maine Foods vs Marzetti
Cal-maine Foods is the larger business, with $2.91bn of revenue in fiscal 2026 against $1.93bn for Marzetti (1.5 times as much). Marzetti grew faster (1.1% against -31.7%). Cal-maine Foods kept more of each dollar of sales as profit: a net margin of 10.9% against 9.9%. Cal-maine Foods carries less debt relative to equity (0.0% against 19.0%).
| Latest fiscal year | Cal-maine FoodsCALM, 2026 | MarzettiMZTI, 2026 |
|---|---|---|
| Revenue | $2.91bn | $1.93bn |
| Revenue growth | -31.7% | 1.1% |
| Net income | $317m | $192m |
| Operating margin | 12.0% | 12.4% |
| Net margin | 10.9% | 9.9% |
| Return on equity | 12.2% | 18.7% |
| Free cash flow | $329m | $206m |
| Cash | $107m | $25.1m |
| Total debt | $0 | $200m |
| Debt to equity | 0.0% | 19.0% |
| Dividend per share | — | $3.95 |
| Dividend yield | 3.8% | 3.7% |
| Share buybacks | — | $36.3m |
| Employees | 4,909 | 3,500 |
| Market value | $3.08bn | $3.01bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 28 (Weak) | 72 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 2 sales |