Casey's General Stores, Inc. (CASY) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$6.82	$7.37	+8.1%	—	—	—
Q1 27	$3.31	$4.37	+32.0%	—	—	—
Q4 26	$2.99	$3.49	+16.7%	—	—	—
Q3 26	$5.2	$5.53	+6.3%	—	—	—
Q2 26	$5	$5.77	+15.4%	—	—	—
Q1 26	$1.92	$2.63	+37.0%	—	—	—
Q4 25	$2.09	$2.33	+11.5%	—	—	—
Q3 25	$4.27	$4.85	+13.6%	—	—	—
Q2 25	$4.51	$4.83	+7.1%	—	—	—
Q1 25	$1.7	$2.34	+37.6%	—	—	—
Q4 24	$2.14	$2.33	+8.9%	—	—	—
Q3 24	$3.8	$4.24	+11.6%	—	—	—
Q2 24	$3.37	$4.52	+34.1%	—	—	—
Q1 24	$1.65	$1.49	-9.7%	—	—	—
Q4 23	$1.99	$2.67	+34.2%	—	—	—
Q3 23	$3.16	$3.69	+16.8%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$19.3	—	—	$17.6B	—
FY25	—	$14.7	—	—	$15.9B	—
FY24	—	$13.5	—	—	$14.9B	—
FY23	—	$12	—	—	$15.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$7.5B	$8.4B	$9.4B	$9.2B	$8.7B	$13B	$15.1B	$14.9B	$15.9B	$17.6B
YoY change	+5.4%	+11.8%	+11.5%	-1.9%	-5.1%	+48.8%	+16.5%	-1.53%	+7.25%	+10.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	7.5B	8.4B	9.4B	9.2B	8.7B	13B	15.1B	14.9B	15.9B	17.6B
Cost of revenue	5.8B	6.6B	7.4B	7B	6.4B	10.2B	12B	11.5B	12.2B	13.2B
Gross profit	1.7B	1.8B	2B	2.1B	2.4B	2.8B	3.1B	3.3B	3.8B	4.3B
Gross margin	22.4%	21.1%	20.9%	23.4%	27.1%	21.3%	20.4%	22.5%	23.5%	24.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—
Operating expenses	1.2B	1.3B	1.4B	1.5B	1.6B	2B	2.1B	2.3B	2.6B	2.8B
Operating income	311.2M	265.4M	319.1M	395.5M	454M	497.7M	639.3M	709.6M	796.4M	1B
Operating margin	4.15%	3.16%	3.41%	4.31%	5.21%	3.84%	4.24%	4.77%	5%	5.89%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	269.7M	214.4M	263.4M	342M	407.4M	440.7M	587.5M	656.2M	712.4M	937M
Income tax	92.2M	-103.5M	59.5M	78.2M	94.5M	100.9M	140.8M	154.2M	165.9M	222.6M
Net income	177.5M	317.9M	203.9M	263.8M	312.9M	339.8M	446.7M	502M	546.5M	714.4M
Net margin	2.36%	3.79%	2.18%	2.88%	3.59%	2.62%	2.96%	3.38%	3.43%	4.07%
EBITDA	508.8M	486.3M	563.4M	646.6M	719.2M	801.2M	952.5M	1.1B	1.2B	1.5B
EPS	4.54	8.41	5.55	7.14	8.44	9.14	12	13.5	14.7	19.3
Diluted EPS	4.48	8.34	5.51	7.1	8.38	9.1	11.9	13.4	14.6	19.2

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	4.1B	3.3B	3.6B	4.1B	3.9B	3.9B	4B	4.6B	4.5B	3.9B	4.6B	5.7B
Cost of revenue	3.2B	2.5B	2.8B	3.1B	3B	3B	3.1B	3.5B	3.4B	2.9B	3.5B	4.4B
Gross profit	885.6M	786.5M	798.1M	955.3M	958.6M	912.6M	926M	1.1B	1.1B	1B	1.1B	1.2B
Gross margin	21.8%	23.6%	22.2%	23.3%	24.3%	23.4%	23.2%	24.4%	24.9%	25.7%	23.6%	21.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	579.7M	568.9M	579M	609.5M	609.7M	670.2M	663M	698.2M	711.6M	697.6M	730M	754.1M
Operating income	220.3M	128.7M	126.7M	251.4M	252.3M	137.2M	155.6M	305.3M	298.7M	194.8M	234.8M	369.1M
Operating margin	5.42%	3.86%	3.52%	6.13%	6.39%	3.51%	3.9%	6.68%	6.63%	4.98%	5.14%	6.5%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	208M	114.5M	112.2M	237.3M	239.7M	107.8M	127.7M	278.5M	274M	171.4M	213.1M	347M
Income tax	49.2M	27.6M	25.2M	57.1M	58.8M	20.7M	29.4M	63.1M	67.7M	41.4M	50.4M	73.3M
Net income	158.8M	86.9M	87M	180.2M	180.9M	87.1M	98.3M	215.4M	206.3M	130.1M	162.7M	273.7M
Net margin	3.91%	2.61%	2.42%	4.4%	4.58%	2.23%	2.46%	4.72%	4.58%	3.32%	3.56%	4.82%
EBITDA	305.9M	217.6M	219M	345.8M	348.9M	242.4M	263M	414.3M	410.1M	308.9M	350.3M	485.1M
EPS	4.27	2.34	2.35	4.86	4.87	2.35	2.65	5.8	5.56	3.51	4.4	7.4
Diluted EPS	4.24	2.33	2.34	4.83	4.85	2.33	2.63	5.77	5.53	3.49	4.37	7.37

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	4.4B	3.6B	4.9B	5.6B	8.2B	7.5B	8.5B	11.9B	17.2B	30.5B	22.4B
Enterprise value	5.2B	4.9B	6.2B	6.9B	9.3B	9B	9.8B	13.3B	19.8B	32.9B	24.5B
Shares outstanding	39.1M	37.8M	36.7M	37M	37.1M	37.2M	37.3M	37.2M	37.1M	37.1M	37.1M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	24.7	11.5	23.8	21.2	26.3	22	19.1	23.7	31.4	42.7	29.3
P/S	0.58	0.43	0.52	0.61	0.95	0.58	0.56	0.8	1.08	1.74	1.2
P/B	3.68	2.87	3.45	3.41	4.26	3.34	3.2	3.94	4.89	7.71	5.49
EV/EBITDA	10.3	10.2	11	10.7	12.9	11.2	10.3	12.6	16.5	22.1	15.7
EV/Sales	0.7	0.59	0.66	0.75	1.06	0.7	0.65	0.9	1.24	1.87	1.31
Earnings yield	4.05%	8.71%	4.2%	4.72%	3.8%	4.54%	5.24%	4.23%	3.18%	2.34%	3.42%
FCF yield	0.59%	-4.32%	2.8%	1.17%	4.4%	6.18%	4.75%	3.12%	3.41%	2.37%	2.25%
PEG	—	—	—	—	—	—	—	—	—	—	1.06

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	22.4%	21.1%	20.9%	23.4%	27.1%	21.3%	20.4%	22.5%	23.5%	24.6%	21.8%
Operating margin	4.15%	3.16%	3.41%	4.31%	5.21%	3.84%	4.24%	4.77%	5%	5.89%	6.5%
Net margin	2.36%	3.79%	2.18%	2.88%	3.59%	2.62%	2.96%	3.38%	3.43%	4.07%	4.14%
ROE	14.9%	25%	14.5%	16.1%	16.2%	15.2%	16.8%	16.6%	15.6%	18.1%	20%
ROA	5.88%	9.16%	5.46%	6.69%	7.02%	6.17%	7.52%	7.91%	6.66%	8%	7.91%
ROIC	10.1%	10.3%	9.08%	10.3%	11.8%	10.2%	12.3%	12.2%	9.95%	12.4%	13.1%
Return on tangible assets	6.44%	9.97%	5.97%	7.29%	7.56%	7.94%	9.48%	9.96%	9.56%	11.2%	11.8%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	0.82	0.78	0.69	0.36	1.18	0.8	0.99	0.87	0.92	1.01	1.02
Quick ratio	0.35	0.31	0.23	0.14	0.71	0.36	0.59	0.42	0.48	0.6	0.61
Debt / equity	0.78	1.06	0.98	0.85	0.71	0.75	0.63	0.54	0.84	0.74	0.71
Debt / assets	0.31	0.39	0.37	0.36	0.31	0.31	0.28	0.26	0.36	0.33	0.32
Net debt / EBITDA	1.66	2.66	2.33	2.05	1.43	1.91	1.36	1.35	2.19	1.61	1.52
Effective tax rate	34.2%	0%	22.6%	22.9%	23.2%	22.9%	24%	23.5%	23.3%	23.8%	23.1%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	191.9	222.1	254.8	248.3	234.7	348.6	405	399.9	429.5	473.8	504.4
EPS (basic)	4.54	8.41	5.55	7.14	8.44	9.14	12	13.5	14.7	19.3	19.3
EPS (diluted)	4.48	8.34	5.51	7.1	8.38	9.1	11.9	13.4	14.6	19.2	20.8
Book value per share	30.4	33.6	38.4	44.5	52.1	60.3	71.4	81.1	94.5	106.6	110.7
FCF per share	0.66	-4.17	3.7	1.77	9.78	12.4	10.9	9.98	15.8	19.5	17.5
Cash per share	1.96	1.42	1.72	2.12	9.07	4.28	10.2	5.56	8.8	14.1	14.2
Capex per share	11	15.1	10.6	11.7	11.7	6.9	12.3	13.3	13.1	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	5.72%	6.82%	4.17%	4.73%	5%	1.98%	3.04%	3.33%	3.06%	—	—
Capex / operating cash flow	95.7%	143.7%	77.9%	91%	59.6%	33.2%	53.5%	56.6%	46.3%	—	—
Payout ratio	20.7%	12.2%	20.3%	17.4%	15.3%	15.1%	12.5%	12.5%	13.2%	11.6%	11.4%
Dividend yield	0.84%	1.06%	0.85%	0.82%	0.58%	0.68%	0.65%	0.53%	0.42%	0.27%	0.43%

Yield

0.43%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.65

ex-dividend Oct 30, 2026

Payout ratio

11%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Oct 30, 2026upcoming	$0.65
Jul 31, 2026	$0.65
May 1, 2026	$0.57

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$4.1B	$3.3B	$3.6B	$4.1B	$3.9B	$3.9B	$4B	$4.6B	$4.5B	$3.9B	$4.6B	$5.7B
YoY change	+2.16%	-0.1%	+8.15%	+5.91%	-2.89%	+17.3%	+10.9%	+11.5%	+14.2%	+0.32%	+14.5%	+24.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	76.7M	53.7M	63.3M	78.3M	336.5M	158.9M	378.9M	206.5M	326.7M	523M
Receivables	43.2M	45M	37.9M	48.5M	79.7M	108M	120.5M	151.8M	180.7M	243.5M
Inventory	201.6M	241.7M	273M	236M	286.6M	396.2M	376.1M	428.7M	480M	557.2M
Total current assets	350.7M	396.8M	410.6M	387.3M	723.6M	725M	921M	829.9M	1B	1.4B
Property, plant & equipment	1.1B	1.3B	1.4B	1.4B	1.3B	1.5B	1.6B	1.7B	2.3B	2.4B
Goodwill & intangibles	265.6M	280.5M	314.4M	322.1M	322.1M	1.2B	1.2B	1.3B	2.5B	2.5B
Total assets	3B	3.5B	3.7B	3.9B	4.5B	5.5B	5.9B	6.3B	8.2B	8.9B
Accounts payable	293.9M	321.4M	335.2M	184.8M	355.5M	588.8M	560.5M	569.5M	620.4M	823.8M
Short-term debt	16.3M	55M	92.2M	690.3M	2.4M	24.5M	52.9M	53.2M	109.6M	115.6M
Total current liabilities	427.4M	507.9M	590.9M	1.1B	612.7M	904.7M	927.1M	953.5M	1.1B	1.4B
Long-term debt	907.4M	1.3B	1.3B	714.5M	1.4B	1.7B	1.6B	1.6B	2.8B	2.8B
Total liabilities	1.8B	2.2B	2.3B	2.3B	2.5B	3.3B	3.3B	3.3B	4.7B	5B
Shareholders' equity	1.2B	1.3B	1.4B	1.6B	1.9B	2.2B	2.7B	3B	3.5B	4B
Total debt	923.7M	1.3B	1.4B	1.4B	1.4B	1.7B	1.7B	1.6B	3B	2.9B
Net debt	847M	1.3B	1.3B	1.3B	1B	1.5B	1.3B	1.4B	2.6B	2.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	409.9M	177.9M	206.5M	305M	351.7M	394.8M	326.7M	458.1M	492M	465M	523M	524.1M
Receivables	147M	136.7M	151.8M	164.9M	156.4M	166.2M	180.7M	195.5M	192.5M	186.8M	243.5M	245.8M
Inventory	418.9M	414.7M	428.7M	452M	432.3M	482.1M	480M	478.9M	452.1M	440.8M	557.2M	558M
Total current assets	1B	781M	829.9M	955M	978.7M	1.1B	1B	1.2B	1.2B	1.1B	1.4B	1.4B
Property, plant & equipment	-2.8B	-2.8B	1.7B	-2.9B	-3B	5.8B	2.3B	5.8B	6B	6B	2.4B	6.3B
Goodwill & intangibles	1.2B	1.3B	1.3B	1.3B	1.3B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.6B
Total assets	6.2B	6.2B	6.3B	6.5B	7.7B	8.2B	8.2B	8.4B	8.6B	8.6B	8.9B	9.1B
Accounts payable	601.3M	521.9M	569.5M	597.1M	573.3M	585.9M	620.4M	673.9M	666.1M	603.3M	823.8M	853.7M
Short-term debt	53.2M	53.3M	53.2M	208.2M	245.6M	243.8M	109.6M	98.1M	101.3M	101.5M	115.6M	104.3M
Total current liabilities	949.8M	880.9M	953.5M	1.1B	1.1B	1.2B	1.1B	1.1B	1.1B	1.1B	1.4B	1.4B
Long-term debt	1.6B	1.6B	1.6B	1.4B	2.5B	2.9B	2.8B	2.8B	2.8B	2.8B	2.8B	2.8B
Total liabilities	3.3B	3.3B	3.3B	3.3B	4.4B	4.8B	4.7B	4.7B	4.8B	4.7B	5B	5B
Shareholders' equity	2.9B	2.9B	3B	3.2B	3.3B	3.4B	3.5B	3.6B	3.8B	3.9B	4B	4.1B
Total debt	1.6B	1.6B	1.6B	1.6B	2.7B	3.1B	3B	2.9B	2.9B	2.9B	2.9B	2.9B
Net debt	1.2B	1.5B	1.4B	1.3B	2.4B	2.7B	2.6B	2.4B	2.4B	2.4B	2.4B	2.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	177.5M	317.9M	203.9M	263.8M	312.9M	339.8M	446.7M	502M	546.5M	714.4M
Depreciation & amortization	197.6M	221M	244.4M	251.2M	265.2M	303.5M	313.1M	349.8M	403.6M	450M
Stock-based compensation	10.7M	18.8M	16.4M	18.1M	32M	38M	47M	41.4M	47.7M	63.4M
Change in working capital	17.4M	-61.4M	-10M	-106.2M	114.5M	-15.4M	3M	-84.2M	-18.4M	-8.5M
Operating cash flow	448.4M	398.1M	500M	476.7M	730.3M	772.7M	859M	875.8M	1.1B	1.4B
Capital expenditure	-429.3M	-572.2M	-389.6M	-433.9M	-435M	-256.4M	-459.5M	-495.3M	-487.4M	—
Investing cash flow	-454.7M	-609.3M	-457.8M	-466.6M	-444.3M	-1.2B	-545M	-825.4M	-1.7B	-141.6M
Dividends paid	-36.8M	-38.8M	-41.4M	-46M	-48M	-51.2M	-55.6M	-62.9M	-72.3M	-83.1M
Share repurchases	-47.9M	-214.7M	-37.5M	0	0	0	0	-104.9M	-734K	-200.5M
Financing cash flow	-6M	165.1M	-65.5M	-25.7M	-223.3M	191.5M	-116.9M	-240M	756M	-425.8M
Net change in cash	-12.3M	-46.1M	-23.3M	-15.6M	62.7M	-193.8M	197.1M	-189.5M	82.6M	810.2M
Free cash flow	25.9M	-157.6M	135.9M	65.3M	362.8M	462.3M	405.4M	370.9M	584.6M	721.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	158.8M	86.9M	87M	180.2M	180.9M	87.1M	98.3M	215.4M	206.3M	130.1M	162.7M	273.7M
Depreciation & amortization	85.6M	89M	92.3M	94.4M	96.6M	105.2M	107.4M	109M	111.4M	114.1M	115.5M	116M
Stock-based compensation	9M	9.9M	12M	11M	12.6M	11.8M	12.2M	15.2M	15.4M	12.3M	20.4M	16.9M
Change in working capital	-20.2M	-85.9M	52M	29.4M	-27.8M	-78.3M	58.3M	21.8M	-21.8M	-52.6M	44M	22.3M
Operating cash flow	260.4M	108.8M	253.4M	324.9M	271.5M	168.5M	288.4M	372.4M	347.1M	259.5M	398.5M	384.1M
Capital expenditure	-107.1M	-149.8M	-169.6M	-100.6M	-110.7M	-114.3M	-161.9M	—	—	—	—	—
Investing cash flow	-230.6M	-295.2M	-202.8M	-112M	-133.9M	-1.3B	-189.6M	8M	-71.1M	15M	-53.7M	-40.3M
Dividends paid	-16M	-16M	-15.9M	-16.6M	-18.6M	-18.6M	-18.6M	-19.7M	-21.2M	-21.2M	-21.1M	-22.3M
Share repurchases	-29.6M	-30.3M	-15.1M	0	-734K	0	0	-31.3M	-31.3M	-74.8M	-63.2M	-44.9M
Financing cash flow	-51.3M	-59.7M	-36.6M	-70.9M	-30M	-45.3M	-197.9M	-139M	-70.9M	-117.8M	-98M	-148.3M
Net change in cash	-21.5M	-246M	14M	142.1M	107.6M	-1.2B	-99.1M	241.5M	205M	156.7M	246.8M	195.5M
Free cash flow	145.6M	-27M	92.1M	180.8M	160M	90.7M	153.1M	262.4M	176M	75.8M	207.4M	189.7M

Date	Ratio
Feb 17, 1998	2:1
Feb 16, 1994	2:1
Aug 5, 1986	2:1
Jun 25, 1985	3:2

Casey's General Stores, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history