Eight 4-ha mixed warm-season grass pastures in southwestern Arkansas (33°40'4″ N, 93°35'24″ W, and elevation 107 m) were stocked with either large mature size (571 kg [SD 55.2] BW) or small mature size (463 kg [SD 58.2] BW) spring-calving cows at 4 stocking rates (SR; 1, 1.5, 2, or 2.5 cow-calf pairs/ha) over 4 yr to test the effects of SR and mature body size on cow and calf performance and system economics. Each pasture received 112 kg/ha N as ammonium nitrate in May and was broadcast seeded to annual ryegrass ( Lam.) in mid October each fall along with 112 kg/ha N as ammonium nitrate. Data were analyzed by regression to determine the effects of cow size and SR on calf performance, cow BW change, calf gain, weaning weight per hectare, hay feeding requirements, and net returns. As SR increased, cow BW and BCS at weaning decreased ( < 0.01) by 26 kg and 0.36 condition scores, respectively, for each additional cow stocked per hectare ( = 0.44). Calf BW at weaning in October increased ( < 0.01) 19 kg for each 100-kg increase in cow BW but was not affected ( = 0.66) by SR. As cow BW increased, calf BW at weaning per 100 kg cow BW decreased ( < 0.01) 6.7 kg for each 100-kg increase in cow BW but was not affected ( = 0.44) by SR. Neither cow BW nor SR affected ( ≥ 0.53) pregnancy percentage, which averaged 88% over the 4-yr experiment. Calf BW weaned per hectare was not affected ( = 0.75) by cow BW but linearly increased ( < 0.01) by 217 kg for each additional cow per hectare SR. Hay feeding days and cost of hay per cow increased ( ≤ 0.05) and kilograms of hay offered per cow tended ( = 0.09) to linearly increase with increasing SR, yet cow BW had no effects ( > 0.22). Although there were no effects ( ≥ 0.38) of cow BW on carrying cost or net returns, increasing SR decreased ( < 0.01) total expenses by US$102/cow and increased net returns by $70/cow and $438/ha for each cow per hectare increase in SR. These data indicate that increasing cow size can increase weaning BW of calves but does not affect total production per hectare or profitability, even though weaning weight efficiency ratios were reduced. Increasing SR reduced cow BW and BCS at weaning and increased feeding of conserved forages but did not affect pregnancy rates and led to increases in total calf BW weaned per hectare and net returns.