Casey's General Stores, Inc. (CASY) 10-Year Financial Performance & Capital Metrics

CASY • • Industrial / General

Consumer CyclicalSpecialty RetailConvenience & Fuel RetailConvenience Store Chains

AboutCasey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. Its stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverages; tobacco and nicotine products; health and beauty aids; automotive products; and other nonfood items. The company's stores also provide motor fuel for sale on a self-service basis; and gasoline and diesel fuel. In addition, its stores offer various products, include soft drinks, energy, water, sports drinks, juices, coffee, and tea and dairy products; beer, wine, and spirits; snacks, candy, packaged bakery, and other food items; ice, ice cream, meals, and appetizers; health and beauty aids, electronic accessories, housewares, and pet supplies; and lotto/lottery and prepaid cards. Further, the company operates two stores that sells tobacco and nicotine products; one liquor store; and one grocery store. As of April 30, 2022, it operated 2,452 convenience stores. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.Show more

Revenue $15.94B +7.3%
EBITDA $1.2B +13.3%
Net Income $547M +8.9%
EPS (Diluted) 14.64 +9.0%
Gross Margin 23.54% +4.5%
EBITDA Margin 7.53% +5.6%
Operating Margin 5% +4.6%
Net Margin 3.43% +1.5%
ROE 16.75% -5.3%
ROIC 11.29% -10.9%
Debt/Equity 0.84 +55.4%
Interest Coverage 8.21 -24.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 15.7%
✓19 consecutive years of dividend growth
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 11.7%
✓Good 3Y average ROE of 17.6%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.45%

5Y11.68%

3Y7.16%

TTM13.33%

Profit (Net Income) CAGR

10Y11.71%

5Y15.68%

3Y17.17%

TTM13.46%

EPS CAGR

10Y12.23%

5Y15.57%

3Y17.17%

TTM13.31%

ROCE

10Y Avg12.8%

5Y Avg12.94%

3Y Avg13.15%

Latest12.51%

Peer Comparison

Convenience Store Chains

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CASYCasey's General Stores, Inc.	23.63B	637.37	43.54	7.25%	3.58%	15.94%	2.47%	0.84
ARKOArko Corp.	569.41M	5.11	39.31	-7.23%	0.24%	4.98%	18.96%	6.86
MUSAMurphy USA Inc.	8.48B	452.64	18.77	-5.97%	2.44%	86.3%	4.59%	2.82

Profit & Loss

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Sales/Revenue+	7.12B	7.51B	8.39B	9.35B	9.18B	8.71B	12.95B	15.09B	14.86B	15.94B
Revenue Growth %	-0.08%	0.05%	0.12%	0.11%	-0.02%	-0.05%	0.49%	0.17%	-0.02%	0.07%
Cost of Goods Sold+	5.51B	5.83B	6.62B	7.4B	7.03B	6.35B	10.19B	12.02B	11.52B	12.19B
COGS % of Revenue	0.77%	0.78%	0.79%	0.79%	0.77%	0.73%	0.79%	0.8%	0.77%	0.76%
Gross Profit+	1.61B	1.68B	1.77B	1.95B	2.14B	2.36B	2.76B	3.07B	3.35B	3.75B
Gross Margin %	0.23%	0.22%	0.21%	0.21%	0.23%	0.27%	0.21%	0.2%	0.23%	0.24%
Gross Profit Growth %	0.12%	0.04%	0.05%	0.1%	0.1%	0.1%	0.17%	0.11%	0.09%	0.12%
Operating Expenses+	1.22B	1.37B	1.5B	1.64B	1.75B	1.9B	2.27B	2.43B	2.64B	2.96B
OpEx % of Revenue	0.17%	0.18%	0.18%	0.17%	0.19%	0.22%	0.17%	0.16%	0.18%	0.19%
Selling, General & Admin	0	0	0	0	0	0	0	0	0	0
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1.22B	1.37B	1.5B	1.64B	1.75B	1.9B	2.27B	2.43B	2.64B	2.96B
Operating Income+	388.88M	311.2M	265.38M	319.06M	395.47M	454.05M	497.7M	639.33M	709.6M	796.4M
Operating Margin %	0.05%	0.04%	0.03%	0.03%	0.04%	0.05%	0.04%	0.04%	0.05%	0.05%
Operating Income Growth %	0.2%	-0.2%	-0.15%	0.2%	0.24%	0.15%	0.1%	0.28%	0.11%	0.12%
EBITDA+	559.82M	508.83M	486.35M	563.45M	646.64M	719.24M	801.24M	952.46M	1.06B	1.2B
EBITDA Margin %	0.08%	0.07%	0.06%	0.06%	0.07%	0.08%	0.06%	0.06%	0.07%	0.08%
EBITDA Growth %	0.17%	-0.09%	-0.04%	0.16%	0.15%	0.11%	0.11%	0.19%	0.11%	0.13%
D&A (Non-Cash Add-back)	170.94M	197.63M	220.97M	244.39M	251.17M	265.19M	303.54M	313.13M	349.8M	403.65M
EBIT	388.88M	311.2M	265.38M	319.06M	395.47M	454.05M	497.7M	639.33M	709.6M	796.4M
Net Interest Income+	-40.17M	-41.54M	-50.94M	-55.66M	-53.42M	-46.68M	-56.97M	-51.81M	-53.44M	-83.95M
Interest Income	157K	588K	1.58M	595K	860K	168K	48K	7.82M	11.74M	13.1M
Interest Expense	40.33M	42.12M	52.52M	56.25M	54.28M	46.85M	57.02M	59.64M	65.18M	97.05M
Other Income/Expense	-40.17M	-41.54M	-50.94M	-55.66M	-53.42M	-46.68M	-56.97M	-51.81M	-53.44M	-83.95M
Pretax Income+	348.71M	269.67M	214.44M	263.4M	342.05M	407.37M	440.73M	587.52M	656.16M	712.45M
Pretax Margin %	0.05%	0.04%	0.03%	0.03%	0.04%	0.05%	0.03%	0.04%	0.04%	0.04%
Income Tax+	122.72M	92.18M	-103.47M	59.52M	78.2M	94.47M	100.94M	140.83M	154.19M	165.93M
Effective Tax Rate %	0.65%	0.66%	1.48%	0.77%	0.77%	0.77%	0.77%	0.76%	0.77%	0.77%
Net Income+	225.98M	177.49M	317.9M	203.89M	263.85M	312.9M	339.79M	446.69M	501.97M	546.52M
Net Margin %	0.03%	0.02%	0.04%	0.02%	0.03%	0.04%	0.03%	0.03%	0.03%	0.03%
Net Income Growth %	0.25%	-0.21%	0.79%	-0.36%	0.29%	0.19%	0.09%	0.31%	0.12%	0.09%
Net Income (Continuing)	225.98M	177.49M	317.9M	203.89M	263.85M	312.9M	339.79M	446.69M	501.97M	546.52M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	5.73	4.48	8.34	5.51	7.10	8.38	9.10	11.91	13.43	14.64
EPS Growth %	0.24%	-0.22%	0.86%	-0.34%	0.29%	0.18%	0.09%	0.31%	0.13%	0.09%
EPS (Basic)	5.79	4.54	8.41	5.55	7.14	8.44	9.14	11.99	13.51	14.72
Diluted Shares Outstanding	39.42M	39.58M	38.13M	36.98M	37.19M	37.36M	37.36M	37.52M	37.37M	37.34M
Basic Shares Outstanding	39.02M	39.13M	37.78M	36.71M	36.96M	37.09M	37.16M	37.27M	37.16M	37.12M
Dividend Payout Ratio	0.15%	0.21%	0.12%	0.2%	0.17%	0.15%	0.15%	0.12%	0.13%	0.13%

Balance Sheet

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Total Current Assets+	325.88M	350.69M	396.84M	410.58M	387.25M	723.63M	725.03M	920.96M	829.85M	1.01B
Cash & Short-Term Investments	75.78M	76.72M	53.68M	63.3M	78.28M	336.55M	158.88M	378.87M	206.48M	326.66M
Cash Only	75.78M	76.72M	53.68M	63.3M	78.28M	336.55M	158.88M	378.87M	206.48M	326.66M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	42.11M	63.15M	95.73M	66.75M	63.17M	89.28M	152.1M	143.89M	168.86M	181.52M
Days Sales Outstanding	2.16	3.07	4.16	2.6	2.51	3.74	4.29	3.48	4.15	4.16
Inventory	204.99M	201.64M	241.67M	273.04M	236.01M	286.6M	396.2M	376.08M	428.72M	480.03M
Days Inventory Outstanding	13.58	12.63	13.32	13.47	12.25	16.47	14.19	11.42	13.59	14.38
Other Current Assets	0	0	0	0	0	0	0	0	0	24.64M
Total Non-Current Assets+	2.4B	2.67B	3.07B	3.32B	3.56B	3.74B	4.78B	5.02B	5.52B	7.43B
Property, Plant & Equipment	2.25B	2.51B	2.9B	3.11B	3.32B	3.49B	4.09B	4.21B	4.67B	5.83B
Fixed Asset Turnover	3.16x	2.99x	2.89x	3.01x	2.76x	2.49x	3.17x	3.58x	3.18x	2.73x
Goodwill	128.57M	132.81M	140.26M	157.22M	161.07M	161.07M	612.93M	615.34M	652.66M	1.24B
Intangible Assets	0	0	0	0	0	0	0	69.45M	0	87.39M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	-375.71M	-416.67M	-312.04M	-4.01M	-363.83M	-357.57M	-32.69M	-420.89M	195.56M	32.69M
Total Assets+	2.73B	3.02B	3.46B	3.73B	3.94B	4.46B	5.51B	5.94B	6.35B	8.44B
Asset Turnover	2.61x	2.49x	2.42x	2.51x	2.33x	1.95x	2.35x	2.54x	2.34x	1.89x
Asset Growth %	0.1%	0.11%	0.15%	0.08%	0.06%	0.13%	0.23%	0.08%	0.07%	0.33%
Total Current Liabilities+	387.57M	427.38M	507.85M	590.93M	1.06B	612.75M	904.68M	927.13M	953.47M	1.1B
Accounts Payable	241.21M	293.9M	321.42M	335.24M	184.8M	355.47M	588.78M	560.55M	569.53M	620.45M
Days Payables Outstanding	15.98	18.41	17.72	16.54	9.59	20.43	21.09	17.02	18.05	18.58
Short-Term Debt	15.38M	16.32M	54.97M	92.2M	690.28M	2.35M	24.47M	52.86M	53.18M	109.57M
Deferred Revenue (Current)	0	0	0	0	0	0	1000K	1000K	0	1000K
Other Current Liabilities	0	0	103.75M	123.54M	154.31M	185.7M	5.98M	-4.45M	0	226.96M
Current Ratio	0.84x	0.82x	0.78x	0.69x	0.36x	1.18x	0.80x	0.99x	0.87x	0.92x
Quick Ratio	0.31x	0.35x	0.31x	0.23x	0.14x	0.71x	0.36x	0.59x	0.42x	0.48x
Cash Conversion Cycle	-0.24	-2.71	-0.23	-0.46	5.17	-0.22	-2.61	-2.12	-0.32	-0.05
Total Non-Current Liabilities+	1.26B	1.4B	1.69B	1.73B	1.24B	1.91B	2.36B	2.36B	2.38B	3.83B
Long-Term Debt	822.87M	907.36M	1.29B	1.27B	697.76M	1.35B	1.59B	1.53B	1.58B	2.3B
Capital Lease Obligations	0	8.36M	0	13.38M	16.75M	11.73M	74.23M	95.07M	0	543.63M
Deferred Tax Liabilities	0	440.12M	341.95M	0	0	439.72M	0	0	596.85M	876.94M
Other Non-Current Liabilities	432.25M	46.27M	57.27M	448.4M	522.76M	113.77M	696.81M	734.97M	198.98M	102.52M
Total Liabilities	1.64B	1.83B	2.19B	2.32B	2.3B	2.53B	3.26B	3.28B	3.33B	4.93B
Total Debt+	838.24M	923.68M	1.35B	1.38B	1.4B	1.36B	1.69B	1.67B	1.64B	2.96B
Net Debt	762.47M	846.96M	1.29B	1.31B	1.33B	1.03B	1.53B	1.29B	1.43B	2.63B
Debt / Equity	0.77x	0.78x	1.06x	0.98x	0.85x	0.71x	0.75x	0.63x	0.54x	0.84x
Debt / EBITDA	1.50x	1.82x	2.77x	2.44x	2.17x	1.90x	2.11x	1.76x	1.54x	2.46x
Net Debt / EBITDA	1.36x	1.66x	2.66x	2.33x	2.05x	1.43x	1.91x	1.36x	1.35x	2.19x
Interest Coverage	9.64x	7.39x	5.05x	5.67x	7.29x	9.69x	8.73x	10.72x	10.89x	8.21x
Total Equity+	1.08B	1.19B	1.27B	1.41B	1.64B	1.93B	2.24B	2.66B	3.02B	3.51B
Equity Growth %	0.24%	0.1%	0.07%	0.11%	0.17%	0.18%	0.16%	0.19%	0.13%	0.16%
Book Value per Share	27.48	30.08	33.34	38.10	44.19	51.74	59.98	70.91	80.69	93.96
Total Shareholders' Equity	1.08B	1.19B	1.27B	1.41B	1.64B	1.93B	2.24B	2.66B	3.02B	3.51B
Common Stock	72.87M	40.07M	0	15.6M	33.29M	58.95M	79.41M	110.04M	27.45M	49.6M
Retained Earnings	1.01B	1.15B	1.27B	1.39B	1.61B	1.87B	2.16B	2.55B	2.99B	3.46B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Cash from Operations+	472.39M	459.27M	419.8M	530.61M	504.31M	804.09M	788.74M	881.95M	892.95M	1.09B
Operating CF Margin %	0.07%	0.06%	0.05%	0.06%	0.05%	0.09%	0.06%	0.06%	0.06%	0.07%
Operating CF Growth %	0.35%	-0.03%	-0.09%	0.26%	-0.05%	0.59%	-0.02%	0.12%	0.01%	0.22%
Net Income	225.98M	177.49M	317.9M	203.89M	263.85M	312.9M	339.79M	446.69M	501.97M	546.52M
Depreciation & Amortization	170.94M	197.63M	220.97M	244.39M	251.17M	265.19M	303.54M	313.13M	349.8M	403.65M
Stock-Based Compensation	7.41M	10.7M	18.8M	16.41M	18.13M	31.99M	37.98M	47.02M	41.38M	47.73M
Deferred Taxes	55.49M	45.19M	-98.18M	45.34M	49.81M	4.12M	82.72M	23.13M	53.25M	59.96M
Other Non-Cash Items	837K	2.3M	2.28M	1.38M	3.5M	11.28M	22.9M	32.89M	20.02M	26.24M
Working Capital Changes	11.72M	25.97M	-41.98M	19.21M	-82.14M	178.6M	1.81M	19.09M	-73.47M	6.75M
Change in Receivables	-5.09M	-15.54M	-1.8M	7.19M	-10.64M	-26.28M	-33.02M	-12.52M	-31.25M	-1.3M
Change in Inventory	-7.39M	4.4M	-38.41M	-29.65M	37.71M	-50.34M	-98.3M	-141K	-51.78M	-7.76M
Change in Payables	3.01M	40.33M	14.75M	12.45M	-140.15M	166.55M	165.89M	-9.48M	-8.73M	-20.78M
Cash from Investing+	-394.97M	-454.73M	-609.34M	-457.83M	-466.64M	-444.34M	-1.16B	-545.03M	-825.36M	-1.73B
Capital Expenditures	-392.84M	-433.39M	-577.42M	-394.7M	-438.98M	-441.25M	-326.48M	-476.57M	-522M	-506.22M
CapEx % of Revenue	0.06%	0.06%	0.07%	0.04%	0.05%	0.05%	0.03%	0.03%	0.04%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.13M	4.14M	5.25M	5.07M	5.04M	6.27M	70.12M	17.1M	26.68M	18.8M
Cash from Financing+	-50.18M	-3.61M	166.5M	-63.17M	-22.69M	-101.48M	191.59M	-116.93M	-239.98M	755.99M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-33.53M	-36.76M	-38.78M	-41.43M	-45.95M	-47.97M	-51.21M	-55.62M	-62.92M	-72.31M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-4.97M	-6.81M	-4.43M	-5.95M	2.96M	-3.74M	-1.02M	-3.94M	-18.51M	-31.47M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	79.55M	25.88M	-157.62M	135.91M	65.34M	362.84M	462.27M	405.38M	370.95M	584.63M
FCF Margin %	0.01%	0%	-0.02%	0.01%	0.01%	0.04%	0.04%	0.03%	0.02%	0.04%
FCF Growth %	7.58%	-0.67%	-7.09%	1.86%	-0.52%	4.55%	0.27%	-0.12%	-0.08%	0.58%
FCF per Share	2.02	0.65	-4.13	3.68	1.76	9.71	12.37	10.80	9.93	15.66
FCF Conversion (FCF/Net Income)	2.09x	2.59x	1.32x	2.60x	1.91x	2.57x	2.32x	1.97x	1.78x	2.00x
Interest Paid	40.4M	41.27M	48.76M	0	54.28M	48.51M	54.5M	56.8M	63.45M	86.6M
Taxes Paid	60.05M	52.96M	24.27M	0	9.36M	80.92M	49.56M	90.4M	105M	89.77M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	23.07%	15.61%	25.83%	15.22%	17.29%	17.5%	16.28%	18.23%	17.69%	16.75%
Return on Invested Capital (ROIC)	16.54%	12.02%	8.65%	9.06%	10.42%	11.49%	11.09%	12.41%	12.67%	11.29%
Gross Margin	22.66%	22.4%	21.09%	20.9%	23.37%	27.06%	21.33%	20.35%	22.53%	23.54%
Net Margin	3.17%	2.36%	3.79%	2.18%	2.88%	3.59%	2.62%	2.96%	3.38%	3.43%
Debt / Equity	0.77x	0.78x	1.06x	0.98x	0.85x	0.71x	0.75x	0.63x	0.54x	0.84x
Interest Coverage	9.64x	7.39x	5.05x	5.67x	7.29x	9.69x	8.73x	10.72x	10.89x	8.21x
FCF Conversion	2.09x	2.59x	1.32x	2.60x	1.91x	2.57x	2.32x	1.97x	1.78x	2.00x
Revenue Growth	-8.31%	5.4%	11.78%	11.46%	-1.9%	-5.1%	48.76%	16.54%	-1.53%	7.25%

Revenue by Segment

	2015	2016	2017	2018	2019	2020
Gasoline	5.14B	4.21B	4.41B	5.15B	5.85B	5.52B
Gasoline Growth	-	-18.07%	4.73%	16.58%	13.66%	-5.67%
Grocery And Other Merchandise	1.79B	1.97B	2.09B	2.18B	2.37B	2.5B
Grocery And Other Merchandise Growth	-	9.99%	5.74%	4.64%	8.49%	5.46%
Prepared Food And Fountain	780.89M	880.71M	953.43M	1.01B	1.07B	1.1B
Prepared Food And Fountain Growth	-	12.78%	8.26%	5.47%	6.83%	2.13%
Other Products And Services	-	-	51.68M	55.37M	-	-
Other Products And Services Growth	-	-	-	7.14%	-	-
Others	47.12M	52.5M	-	-	-	-
Others Growth	-	11.41%	-	-	-	-

Frequently Asked Questions

Valuation & Price

Casey's General Stores, Inc. (CASY) has a price-to-earnings (P/E) ratio of 43.5x. This suggests investors expect higher future growth.

Growth & Financials

Casey's General Stores, Inc. (CASY) reported $16.97B in revenue for fiscal year 2025. This represents a 143% increase from $6.99B in 2012.

Casey's General Stores, Inc. (CASY) grew revenue by 7.3% over the past year. This is steady growth.

Yes, Casey's General Stores, Inc. (CASY) is profitable, generating $607.1M in net income for fiscal year 2025 (3.4% net margin).

Dividend & Returns

Yes, Casey's General Stores, Inc. (CASY) pays a dividend with a yield of 0.30%. This makes it attractive for income-focused investors.

Casey's General Stores, Inc. (CASY) has a return on equity (ROE) of 16.8%. This is reasonable for most industries.

Casey's General Stores, Inc. (CASY) generated $682.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Casey's General Stores, Inc. (CASY) 10-Year Financial Performance & Capital Metrics

CASY • • Industrial / General

Consumer CyclicalSpecialty RetailConvenience & Fuel RetailConvenience Store Chains

Revenue $15.94B +7.3%
EBITDA $1.2B +13.3%
Net Income $547M +8.9%
EPS (Diluted) 14.64 +9.0%
Gross Margin 23.54% +4.5%
EBITDA Margin 7.53% +5.6%
Operating Margin 5% +4.6%
Net Margin 3.43% +1.5%
ROE 16.75% -5.3%
ROIC 11.29% -10.9%
Debt/Equity 0.84 +55.4%
Interest Coverage 8.21 -24.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 15.7%
✓19 consecutive years of dividend growth
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 11.7%
✓Good 3Y average ROE of 17.6%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y7.45%

5Y11.68%

3Y7.16%

TTM13.33%

Profit (Net Income) CAGR

10Y11.71%

5Y15.68%

3Y17.17%

TTM13.46%

EPS CAGR

10Y12.23%

5Y15.57%

3Y17.17%

TTM13.31%

ROCE

10Y Avg12.8%

5Y Avg12.94%

3Y Avg13.15%

Latest12.51%

Peer Comparison

Convenience Store Chains

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CASYCasey's General Stores, Inc.	23.63B	637.37	43.54	7.25%	3.58%	15.94%	2.47%	0.84
ARKOArko Corp.	569.41M	5.11	39.31	-7.23%	0.24%	4.98%	18.96%	6.86
MUSAMurphy USA Inc.	8.48B	452.64	18.77	-5.97%	2.44%	86.3%	4.59%	2.82

Profit & Loss

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Sales/Revenue+	7.12B	7.51B	8.39B	9.35B	9.18B	8.71B	12.95B	15.09B	14.86B	15.94B
Revenue Growth %	-0.08%	0.05%	0.12%	0.11%	-0.02%	-0.05%	0.49%	0.17%	-0.02%	0.07%
Cost of Goods Sold+	5.51B	5.83B	6.62B	7.4B	7.03B	6.35B	10.19B	12.02B	11.52B	12.19B
COGS % of Revenue	0.77%	0.78%	0.79%	0.79%	0.77%	0.73%	0.79%	0.8%	0.77%	0.76%
Gross Profit+	1.61B	1.68B	1.77B	1.95B	2.14B	2.36B	2.76B	3.07B	3.35B	3.75B
Gross Margin %	0.23%	0.22%	0.21%	0.21%	0.23%	0.27%	0.21%	0.2%	0.23%	0.24%
Gross Profit Growth %	0.12%	0.04%	0.05%	0.1%	0.1%	0.1%	0.17%	0.11%	0.09%	0.12%
Operating Expenses+	1.22B	1.37B	1.5B	1.64B	1.75B	1.9B	2.27B	2.43B	2.64B	2.96B
OpEx % of Revenue	0.17%	0.18%	0.18%	0.17%	0.19%	0.22%	0.17%	0.16%	0.18%	0.19%
Selling, General & Admin	0	0	0	0	0	0	0	0	0	0
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1.22B	1.37B	1.5B	1.64B	1.75B	1.9B	2.27B	2.43B	2.64B	2.96B
Operating Income+	388.88M	311.2M	265.38M	319.06M	395.47M	454.05M	497.7M	639.33M	709.6M	796.4M
Operating Margin %	0.05%	0.04%	0.03%	0.03%	0.04%	0.05%	0.04%	0.04%	0.05%	0.05%
Operating Income Growth %	0.2%	-0.2%	-0.15%	0.2%	0.24%	0.15%	0.1%	0.28%	0.11%	0.12%
EBITDA+	559.82M	508.83M	486.35M	563.45M	646.64M	719.24M	801.24M	952.46M	1.06B	1.2B
EBITDA Margin %	0.08%	0.07%	0.06%	0.06%	0.07%	0.08%	0.06%	0.06%	0.07%	0.08%
EBITDA Growth %	0.17%	-0.09%	-0.04%	0.16%	0.15%	0.11%	0.11%	0.19%	0.11%	0.13%
D&A (Non-Cash Add-back)	170.94M	197.63M	220.97M	244.39M	251.17M	265.19M	303.54M	313.13M	349.8M	403.65M
EBIT	388.88M	311.2M	265.38M	319.06M	395.47M	454.05M	497.7M	639.33M	709.6M	796.4M
Net Interest Income+	-40.17M	-41.54M	-50.94M	-55.66M	-53.42M	-46.68M	-56.97M	-51.81M	-53.44M	-83.95M
Interest Income	157K	588K	1.58M	595K	860K	168K	48K	7.82M	11.74M	13.1M
Interest Expense	40.33M	42.12M	52.52M	56.25M	54.28M	46.85M	57.02M	59.64M	65.18M	97.05M
Other Income/Expense	-40.17M	-41.54M	-50.94M	-55.66M	-53.42M	-46.68M	-56.97M	-51.81M	-53.44M	-83.95M
Pretax Income+	348.71M	269.67M	214.44M	263.4M	342.05M	407.37M	440.73M	587.52M	656.16M	712.45M
Pretax Margin %	0.05%	0.04%	0.03%	0.03%	0.04%	0.05%	0.03%	0.04%	0.04%	0.04%
Income Tax+	122.72M	92.18M	-103.47M	59.52M	78.2M	94.47M	100.94M	140.83M	154.19M	165.93M
Effective Tax Rate %	0.65%	0.66%	1.48%	0.77%	0.77%	0.77%	0.77%	0.76%	0.77%	0.77%
Net Income+	225.98M	177.49M	317.9M	203.89M	263.85M	312.9M	339.79M	446.69M	501.97M	546.52M
Net Margin %	0.03%	0.02%	0.04%	0.02%	0.03%	0.04%	0.03%	0.03%	0.03%	0.03%
Net Income Growth %	0.25%	-0.21%	0.79%	-0.36%	0.29%	0.19%	0.09%	0.31%	0.12%	0.09%
Net Income (Continuing)	225.98M	177.49M	317.9M	203.89M	263.85M	312.9M	339.79M	446.69M	501.97M	546.52M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	5.73	4.48	8.34	5.51	7.10	8.38	9.10	11.91	13.43	14.64
EPS Growth %	0.24%	-0.22%	0.86%	-0.34%	0.29%	0.18%	0.09%	0.31%	0.13%	0.09%
EPS (Basic)	5.79	4.54	8.41	5.55	7.14	8.44	9.14	11.99	13.51	14.72
Diluted Shares Outstanding	39.42M	39.58M	38.13M	36.98M	37.19M	37.36M	37.36M	37.52M	37.37M	37.34M
Basic Shares Outstanding	39.02M	39.13M	37.78M	36.71M	36.96M	37.09M	37.16M	37.27M	37.16M	37.12M
Dividend Payout Ratio	0.15%	0.21%	0.12%	0.2%	0.17%	0.15%	0.15%	0.12%	0.13%	0.13%

Balance Sheet

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Total Current Assets+	325.88M	350.69M	396.84M	410.58M	387.25M	723.63M	725.03M	920.96M	829.85M	1.01B
Cash & Short-Term Investments	75.78M	76.72M	53.68M	63.3M	78.28M	336.55M	158.88M	378.87M	206.48M	326.66M
Cash Only	75.78M	76.72M	53.68M	63.3M	78.28M	336.55M	158.88M	378.87M	206.48M	326.66M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	42.11M	63.15M	95.73M	66.75M	63.17M	89.28M	152.1M	143.89M	168.86M	181.52M
Days Sales Outstanding	2.16	3.07	4.16	2.6	2.51	3.74	4.29	3.48	4.15	4.16
Inventory	204.99M	201.64M	241.67M	273.04M	236.01M	286.6M	396.2M	376.08M	428.72M	480.03M
Days Inventory Outstanding	13.58	12.63	13.32	13.47	12.25	16.47	14.19	11.42	13.59	14.38
Other Current Assets	0	0	0	0	0	0	0	0	0	24.64M
Total Non-Current Assets+	2.4B	2.67B	3.07B	3.32B	3.56B	3.74B	4.78B	5.02B	5.52B	7.43B
Property, Plant & Equipment	2.25B	2.51B	2.9B	3.11B	3.32B	3.49B	4.09B	4.21B	4.67B	5.83B
Fixed Asset Turnover	3.16x	2.99x	2.89x	3.01x	2.76x	2.49x	3.17x	3.58x	3.18x	2.73x
Goodwill	128.57M	132.81M	140.26M	157.22M	161.07M	161.07M	612.93M	615.34M	652.66M	1.24B
Intangible Assets	0	0	0	0	0	0	0	69.45M	0	87.39M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	-375.71M	-416.67M	-312.04M	-4.01M	-363.83M	-357.57M	-32.69M	-420.89M	195.56M	32.69M
Total Assets+	2.73B	3.02B	3.46B	3.73B	3.94B	4.46B	5.51B	5.94B	6.35B	8.44B
Asset Turnover	2.61x	2.49x	2.42x	2.51x	2.33x	1.95x	2.35x	2.54x	2.34x	1.89x
Asset Growth %	0.1%	0.11%	0.15%	0.08%	0.06%	0.13%	0.23%	0.08%	0.07%	0.33%
Total Current Liabilities+	387.57M	427.38M	507.85M	590.93M	1.06B	612.75M	904.68M	927.13M	953.47M	1.1B
Accounts Payable	241.21M	293.9M	321.42M	335.24M	184.8M	355.47M	588.78M	560.55M	569.53M	620.45M
Days Payables Outstanding	15.98	18.41	17.72	16.54	9.59	20.43	21.09	17.02	18.05	18.58
Short-Term Debt	15.38M	16.32M	54.97M	92.2M	690.28M	2.35M	24.47M	52.86M	53.18M	109.57M
Deferred Revenue (Current)	0	0	0	0	0	0	1000K	1000K	0	1000K
Other Current Liabilities	0	0	103.75M	123.54M	154.31M	185.7M	5.98M	-4.45M	0	226.96M
Current Ratio	0.84x	0.82x	0.78x	0.69x	0.36x	1.18x	0.80x	0.99x	0.87x	0.92x
Quick Ratio	0.31x	0.35x	0.31x	0.23x	0.14x	0.71x	0.36x	0.59x	0.42x	0.48x
Cash Conversion Cycle	-0.24	-2.71	-0.23	-0.46	5.17	-0.22	-2.61	-2.12	-0.32	-0.05
Total Non-Current Liabilities+	1.26B	1.4B	1.69B	1.73B	1.24B	1.91B	2.36B	2.36B	2.38B	3.83B
Long-Term Debt	822.87M	907.36M	1.29B	1.27B	697.76M	1.35B	1.59B	1.53B	1.58B	2.3B
Capital Lease Obligations	0	8.36M	0	13.38M	16.75M	11.73M	74.23M	95.07M	0	543.63M
Deferred Tax Liabilities	0	440.12M	341.95M	0	0	439.72M	0	0	596.85M	876.94M
Other Non-Current Liabilities	432.25M	46.27M	57.27M	448.4M	522.76M	113.77M	696.81M	734.97M	198.98M	102.52M
Total Liabilities	1.64B	1.83B	2.19B	2.32B	2.3B	2.53B	3.26B	3.28B	3.33B	4.93B
Total Debt+	838.24M	923.68M	1.35B	1.38B	1.4B	1.36B	1.69B	1.67B	1.64B	2.96B
Net Debt	762.47M	846.96M	1.29B	1.31B	1.33B	1.03B	1.53B	1.29B	1.43B	2.63B
Debt / Equity	0.77x	0.78x	1.06x	0.98x	0.85x	0.71x	0.75x	0.63x	0.54x	0.84x
Debt / EBITDA	1.50x	1.82x	2.77x	2.44x	2.17x	1.90x	2.11x	1.76x	1.54x	2.46x
Net Debt / EBITDA	1.36x	1.66x	2.66x	2.33x	2.05x	1.43x	1.91x	1.36x	1.35x	2.19x
Interest Coverage	9.64x	7.39x	5.05x	5.67x	7.29x	9.69x	8.73x	10.72x	10.89x	8.21x
Total Equity+	1.08B	1.19B	1.27B	1.41B	1.64B	1.93B	2.24B	2.66B	3.02B	3.51B
Equity Growth %	0.24%	0.1%	0.07%	0.11%	0.17%	0.18%	0.16%	0.19%	0.13%	0.16%
Book Value per Share	27.48	30.08	33.34	38.10	44.19	51.74	59.98	70.91	80.69	93.96
Total Shareholders' Equity	1.08B	1.19B	1.27B	1.41B	1.64B	1.93B	2.24B	2.66B	3.02B	3.51B
Common Stock	72.87M	40.07M	0	15.6M	33.29M	58.95M	79.41M	110.04M	27.45M	49.6M
Retained Earnings	1.01B	1.15B	1.27B	1.39B	1.61B	1.87B	2.16B	2.55B	2.99B	3.46B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Apr 2016	Apr 2017	Apr 2018	Apr 2019	Apr 2020	Apr 2021	Apr 2022	Apr 2023	Apr 2024	Apr 2025
Cash from Operations+	472.39M	459.27M	419.8M	530.61M	504.31M	804.09M	788.74M	881.95M	892.95M	1.09B
Operating CF Margin %	0.07%	0.06%	0.05%	0.06%	0.05%	0.09%	0.06%	0.06%	0.06%	0.07%
Operating CF Growth %	0.35%	-0.03%	-0.09%	0.26%	-0.05%	0.59%	-0.02%	0.12%	0.01%	0.22%
Net Income	225.98M	177.49M	317.9M	203.89M	263.85M	312.9M	339.79M	446.69M	501.97M	546.52M
Depreciation & Amortization	170.94M	197.63M	220.97M	244.39M	251.17M	265.19M	303.54M	313.13M	349.8M	403.65M
Stock-Based Compensation	7.41M	10.7M	18.8M	16.41M	18.13M	31.99M	37.98M	47.02M	41.38M	47.73M
Deferred Taxes	55.49M	45.19M	-98.18M	45.34M	49.81M	4.12M	82.72M	23.13M	53.25M	59.96M
Other Non-Cash Items	837K	2.3M	2.28M	1.38M	3.5M	11.28M	22.9M	32.89M	20.02M	26.24M
Working Capital Changes	11.72M	25.97M	-41.98M	19.21M	-82.14M	178.6M	1.81M	19.09M	-73.47M	6.75M
Change in Receivables	-5.09M	-15.54M	-1.8M	7.19M	-10.64M	-26.28M	-33.02M	-12.52M	-31.25M	-1.3M
Change in Inventory	-7.39M	4.4M	-38.41M	-29.65M	37.71M	-50.34M	-98.3M	-141K	-51.78M	-7.76M
Change in Payables	3.01M	40.33M	14.75M	12.45M	-140.15M	166.55M	165.89M	-9.48M	-8.73M	-20.78M
Cash from Investing+	-394.97M	-454.73M	-609.34M	-457.83M	-466.64M	-444.34M	-1.16B	-545.03M	-825.36M	-1.73B
Capital Expenditures	-392.84M	-433.39M	-577.42M	-394.7M	-438.98M	-441.25M	-326.48M	-476.57M	-522M	-506.22M
CapEx % of Revenue	0.06%	0.06%	0.07%	0.04%	0.05%	0.05%	0.03%	0.03%	0.04%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.13M	4.14M	5.25M	5.07M	5.04M	6.27M	70.12M	17.1M	26.68M	18.8M
Cash from Financing+	-50.18M	-3.61M	166.5M	-63.17M	-22.69M	-101.48M	191.59M	-116.93M	-239.98M	755.99M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-33.53M	-36.76M	-38.78M	-41.43M	-45.95M	-47.97M	-51.21M	-55.62M	-62.92M	-72.31M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-4.97M	-6.81M	-4.43M	-5.95M	2.96M	-3.74M	-1.02M	-3.94M	-18.51M	-31.47M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	79.55M	25.88M	-157.62M	135.91M	65.34M	362.84M	462.27M	405.38M	370.95M	584.63M
FCF Margin %	0.01%	0%	-0.02%	0.01%	0.01%	0.04%	0.04%	0.03%	0.02%	0.04%
FCF Growth %	7.58%	-0.67%	-7.09%	1.86%	-0.52%	4.55%	0.27%	-0.12%	-0.08%	0.58%
FCF per Share	2.02	0.65	-4.13	3.68	1.76	9.71	12.37	10.80	9.93	15.66
FCF Conversion (FCF/Net Income)	2.09x	2.59x	1.32x	2.60x	1.91x	2.57x	2.32x	1.97x	1.78x	2.00x
Interest Paid	40.4M	41.27M	48.76M	0	54.28M	48.51M	54.5M	56.8M	63.45M	86.6M
Taxes Paid	60.05M	52.96M	24.27M	0	9.36M	80.92M	49.56M	90.4M	105M	89.77M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	23.07%	15.61%	25.83%	15.22%	17.29%	17.5%	16.28%	18.23%	17.69%	16.75%
Return on Invested Capital (ROIC)	16.54%	12.02%	8.65%	9.06%	10.42%	11.49%	11.09%	12.41%	12.67%	11.29%
Gross Margin	22.66%	22.4%	21.09%	20.9%	23.37%	27.06%	21.33%	20.35%	22.53%	23.54%
Net Margin	3.17%	2.36%	3.79%	2.18%	2.88%	3.59%	2.62%	2.96%	3.38%	3.43%
Debt / Equity	0.77x	0.78x	1.06x	0.98x	0.85x	0.71x	0.75x	0.63x	0.54x	0.84x
Interest Coverage	9.64x	7.39x	5.05x	5.67x	7.29x	9.69x	8.73x	10.72x	10.89x	8.21x
FCF Conversion	2.09x	2.59x	1.32x	2.60x	1.91x	2.57x	2.32x	1.97x	1.78x	2.00x
Revenue Growth	-8.31%	5.4%	11.78%	11.46%	-1.9%	-5.1%	48.76%	16.54%	-1.53%	7.25%

Revenue by Segment

	2015	2016	2017	2018	2019	2020
Gasoline	5.14B	4.21B	4.41B	5.15B	5.85B	5.52B
Gasoline Growth	-	-18.07%	4.73%	16.58%	13.66%	-5.67%
Grocery And Other Merchandise	1.79B	1.97B	2.09B	2.18B	2.37B	2.5B
Grocery And Other Merchandise Growth	-	9.99%	5.74%	4.64%	8.49%	5.46%
Prepared Food And Fountain	780.89M	880.71M	953.43M	1.01B	1.07B	1.1B
Prepared Food And Fountain Growth	-	12.78%	8.26%	5.47%	6.83%	2.13%
Other Products And Services	-	-	51.68M	55.37M	-	-
Other Products And Services Growth	-	-	-	7.14%	-	-
Others	47.12M	52.5M	-	-	-	-
Others Growth	-	11.41%	-	-	-	-

Frequently Asked Questions

Valuation & Price

Casey's General Stores, Inc. (CASY) has a price-to-earnings (P/E) ratio of 43.5x. This suggests investors expect higher future growth.

Growth & Financials

Casey's General Stores, Inc. (CASY) reported $16.97B in revenue for fiscal year 2025. This represents a 143% increase from $6.99B in 2012.

Casey's General Stores, Inc. (CASY) grew revenue by 7.3% over the past year. This is steady growth.

Yes, Casey's General Stores, Inc. (CASY) is profitable, generating $607.1M in net income for fiscal year 2025 (3.4% net margin).

Dividend & Returns

Yes, Casey's General Stores, Inc. (CASY) pays a dividend with a yield of 0.30%. This makes it attractive for income-focused investors.

Casey's General Stores, Inc. (CASY) has a return on equity (ROE) of 16.8%. This is reasonable for most industries.

Casey's General Stores, Inc. (CASY) generated $682.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.