Casey's General Stores, Inc.

CASY · NASDAQ · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Valuation
Market cap	$30,386	$16,283	$11,830	$8,526	$7,471	$8,245	$5,619	$4,911	$3,585	$4,159	$4,156	$3,050	$2,641	$2,218	$2,145	$1,650	$1,966	$1,351	$1,122	$1,265	$1,093	$850	$827	$644	$649	$555	$610	$701	$857	$495	$566	$452	$276	$181	$180	$100	$101	$127	$179	$162	$113
Enterprise value	$32,768	$18,914	$13,375	$9,821	$9,000	$9,272	$6,945	$6,224	$4,878	$5,006	$4,919	$3,855	$3,373	$2,904	$2,777	$2,271	$1,994	$1,402	$1,183	$1,406	$1,176	$952	$954	$786	$819	$707	$755	$834	$955	$586	$665	$527	$357	$294	$248	$166	$171	$181	$212	$179	$120
P/E (TTM) at period end	42.53×	29.79×	23.57×	19.09×	21.99×	26.35×	21.30×	24.09×	11.28×	23.43×	18.39×	16.88×	20.82×	21.36×	18.70×	17.44×	16.81×	15.77×	13.21×	20.45×	18.07×	23.12×	22.68×	16.19×	22.45×	15.87×	15.46×	17.43×	25.59×	18.33×	21.14×	19.75×	16.60×	13.63×	15.62×	11.14×	12.00×	18.19×	16.87×	18.89×	18.29×
P/S (TTM) at period end	1.73×	1.02×	0.80×	0.56×	0.58×	0.95×	0.61×	0.53×	0.43×	0.55×	0.58×	0.39×	0.34×	0.31×	0.31×	0.29×	0.42×	0.29×	0.23×	0.31×	0.31×	0.30×	0.35×	0.30×	0.32×	0.29×	0.37×	0.56×	0.72×	0.45×	0.59×	0.53×	0.38×	0.27×	0.30×	0.17×	0.20×	0.30×	0.53×	0.57×	0.40×
P/B at period end	7.69×	4.64×	3.92×	3.20×	3.33×	4.27×	3.42×	3.49×	2.82×	3.49×	3.84×	3.48×	3.75×	3.74×	4.26×	4.09×	2.39×	1.87×	1.73×	2.21×	2.09×	1.81×	1.88×	1.59×	1.76×	1.63×	1.98×	2.32×	3.26×	2.13×	2.75×	2.52×	1.74×	1.68×	1.87×	1.18×	1.27×	1.79×	2.87×	2.86×	2.37×
EV / EBITDA (TTM)	22.09×	15.76×	12.62×	10.31×	11.23×	12.89×	10.74×	11.05×	10.03×	9.84×	8.79×	8.04×	9.25×	9.35×	8.91×	8.31×	7.49×	6.40×	5.59×	8.11×	7.07×	7.33×	8.16×	6.26×	7.91×	6.48×	7.19×	8.35×	11.27×	8.27×	9.77×	8.79×	7.60×	7.77×	7.76×	6.27×	7.39×	–	–	–	–
EV / Sales (TTM)	1.87×	1.19×	0.90×	0.65×	0.69×	1.06×	0.76×	0.67×	0.58×	0.67×	0.69×	0.50×	0.43×	0.40×	0.40×	0.40×	0.43×	0.30×	0.24×	0.35×	0.34×	0.34×	0.41×	0.37×	0.40×	0.37×	0.46×	0.67×	0.80×	0.53×	0.70×	0.62×	0.49×	0.44×	0.41×	0.29×	0.34×	0.43×	0.63×	0.63×	0.42×
Returns
Return on equity	18.1%	15.6%	16.6%	16.8%	15.2%	16.2%	16.1%	14.5%	25.0%	14.9%	20.9%	20.6%	18.0%	17.5%	22.8%	23.4%	14.2%	11.9%	13.1%	10.8%	11.6%	7.8%	8.3%	9.8%	7.8%	10.3%	12.8%	13.3%	12.7%	11.6%	13.0%	12.7%	10.5%	12.3%	12.0%	10.6%	10.6%	9.8%	17.0%	15.1%	13.0%
Return on invested capital	12.4%	9.9%	11.9%	12.3%	10.2%	11.8%	10.3%	9.1%	10.3%	10.1%	13.7%	12.3%	10.7%	9.9%	12.1%	11.7%	14.6%	12.0%	12.9%	9.9%	11.4%	8.6%	8.2%	9.0%	6.9%	8.3%	9.1%	9.5%	9.4%	8.5%	8.9%	9.1%	7.2%	6.1%	6.9%	5.9%	5.2%	4.6%	9.3%	9.4%	12.2%
Dividend yield	0.3%	0.4%	0.5%	0.7%	0.7%	0.6%	0.8%	0.8%	1.1%	0.9%	0.8%	1.0%	1.0%	1.1%	1.1%	1.2%	0.9%	1.1%	1.2%	0.8%	0.8%	1.1%	0.8%	0.8%	0.6%	0.7%	0.5%	0.5%	0.3%	0.5%	0.4%	0.5%	0.6%	0.7%	0.7%	0.8%	–	–	–	–	–
Financial health
Current ratio	1.01×	0.92×	0.87×	0.99×	0.80×	1.18×	0.36×	0.69×	0.78×	0.82×	0.84×	0.84×	1.00×	0.68×	0.91×	1.00×	1.29×	1.29×	1.21×	1.03×	0.79×	0.84×	1.01×	1.00×	0.87×	1.05×	0.53×	0.84×	0.58×	0.74×	0.84×	0.56×	0.55×	0.84×	0.71×	0.88×	1.02×	1.07×	1.62×	3.15×	1.10×
Debt / equity	0.62×	0.71×	0.54×	0.63×	0.75×	0.71×	0.78×	0.92×	1.03×	0.78×	0.77×	0.98×	1.21×	1.13×	1.35×	1.68×	0.22×	0.27×	0.33×	0.43×	0.30×	0.32×	0.39×	0.45×	0.51×	0.57×	0.55×	0.46×	0.38×	0.41×	0.54×	0.44×	0.54×	1.06×	0.73×	0.81×	0.90×	0.86×	0.78×	0.76×	0.16×
Effective tax rate	23.8%	23.3%	23.5%	24.0%	22.9%	23.2%	22.9%	22.6%	(48.3%)	34.2%	35.2%	36.0%	34.5%	36.6%	36.3%	37.4%	35.6%	38.4%	36.6%	35.0%	35.9%	37.0%	31.1%	37.2%	37.2%	37.0%	37.2%	37.5%	37.5%	37.5%	37.7%	38.8%	38.7%	38.1%	37.8%	37.5%	37.3%	37.5%	40.1%	49.4%	42.6%
Share count
Diluted shares outstanding	37	37	37	38	37	37	37	37	38	40	39	39	39	39	38	43	51	51	51	51	51	50	50	50	50	46	52	53	53	53	53	52	49	46	46	45	44	44	48	45	44

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986
Revenue and gross profit
Revenue	$18,672	$17,561	$15,941	$14,863	$15,094	$12,953	$8,707	$9,175	$9,353	$8,391	$7,507	$7,122	$7,767	$7,840	$7,251	$6,988	$5,635	$4,637	$4,691	$4,829	$4,024	$3,492	$2,788	$2,331	$2,120	$2,035	$1,909	$1,648	$1,251	$1,187	$1,109	$955	$849	$731	$674	$607	$580	$501	$419	$336	$284	$285
Cost of revenue	($14,225)	($13,240)	($12,188)	($11,515)	($12,022)	($10,190)	($6,351)	($7,031)	($7,398)	($6,622)	($5,825)	($5,508)	($6,327)	($6,618)	($6,180)	($5,988)	($4,754)	($3,845)	($3,967)	($4,143)	($3,441)	($2,966)	($2,331)	($1,909)	($1,709)	($1,663)	($1,558)	($1,323)	($962)	($930)	($886)	($748)	($666)	($574)	($534)	($480)	($463)	($394)	($335)	($264)	($224)	($238)
Gross profit	$4,448	$4,321	$3,752	$3,348	$3,072	$2,763	$2,356	$2,145	$1,955	$1,769	$1,681	$1,614	$1,440	$1,222	$1,071	$1,000	$881	$792	$724	$686	$583	$526	$457	$422	$410	$372	$351	$325	$289	$256	$223	$207	$183	$157	$140	$126	$117	$106	$84	$73	$60	$47
Operating expenses
Research and development	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	–	($279)	–	–	–	–	–	($1,498)	($1,391)	($1,283)	($1,172)	($1,054)	($960)	($857)	($760)	($688)	($608)	($526)	($504)	($475)	($410)	($362)	($327)	($306)	($286)	($269)	($241)	($220)	($189)	($172)	($152)	($139)	($123)	($110)	($102)	($94)	($91)	($83)	($66)	($51)	($40)	($31)
Total operating expenses	($3,350)	($3,287)	($2,956)	($2,638)	($2,433)	($2,265)	($1,902)	($1,749)	($1,636)	($1,504)	($1,370)	($1,225)	($1,117)	($988)	($872)	($785)	($690)	($600)	($574)	($542)	($474)	($419)	($379)	($354)	($332)	($313)	($283)	($259)	($223)	($202)	($179)	($163)	($145)	($129)	($118)	($108)	($103)	($94)	($75)	($58)	($46)	($35)
Total costs and expenses	($17,575)	($16,527)	($15,144)	($14,153)	($14,455)	($12,455)	($8,253)	($8,780)	($9,034)	($8,126)	($7,195)	($6,733)	($7,444)	($7,607)	($7,052)	($6,773)	($5,444)	($4,445)	($4,541)	($4,685)	($3,915)	($3,385)	($2,709)	($2,263)	($2,041)	($1,976)	($1,841)	($1,581)	($1,185)	($1,133)	($1,065)	($912)	($811)	($703)	($652)	($588)	($566)	($488)	($410)	($322)	($270)	($273)
Operating income	$1,097	$1,034	$796	$710	$639	$498	$454	$395	$319	$265	$311	$389	$323	$234	$199	$215	$191	$193	$150	$144	$109	$107	$78	$67	$78	$59	$68	$67	$66	$54	$44	$43	$38	$28	$22	$18	$14	$12	$9	$15	$14	$12
Earnings
EBITDA	$1,554	$1,484	$1,200	$1,059	$952	$801	$719	$647	$563	$486	$509	$560	$479	$365	$311	$312	$273	$266	$219	$212	$173	$166	$130	$117	$126	$104	$109	$105	$100	$85	$71	$68	$60	$47	$38	$32	$26	$23	–	–	–	–
Interest income	–	$97	$13	$12	$8	$0	$0	$1	$1	$2	$1	$0	$0	$0	$0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($92)	($97)	($84)	($53)	($52)	($57)	($47)	($53)	($56)	($51)	($42)	($40)	($41)	($40)	($35)	($35)	($28)	($11)	($11)	($10)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pre-tax income	$1,006	$937	$712	$656	$588	$441	$407	$342	$263	$214	$270	$349	$282	$194	$164	$180	$151	$182	$139	$134	$98	$99	$67	$55	$65	$46	$56	$63	$64	$54	$43	$43	$37	$27	$22	$18	$14	$13	$11	$18	$17	$11
Income tax expense	($233)	($223)	($166)	($154)	($141)	($101)	($94)	($78)	($60)	$103	($92)	($123)	($101)	($67)	($60)	($65)	($57)	($65)	($53)	($49)	($34)	($35)	($25)	($17)	($24)	($17)	($21)	($23)	($24)	($20)	($16)	($16)	($14)	($10)	($8)	($7)	($5)	($5)	($4)	($7)	($8)	($5)
Net income	$773	$714	$547	$502	$447	$340	$313	$264	$204	$318	$177	$226	$181	$127	$104	$115	$95	$117	$86	$85	$62	$60	$37	$36	$40	$29	$35	$39	$40	$34	$27	$27	$23	$17	$13	$12	$9	$8	$7	$11	$9	$6
Per share
Diluted EPS (GAAP)	$20.76	$19.16	$14.64	$13.43	$11.91	$9.10	$8.38	$7.10	$5.51	$8.34	$4.48	$5.73	$4.62	$3.26	$2.69	$2.99	$2.22	$2.29	$1.68	$1.67	$1.22	$1.19	$0.73	$0.73	$0.80	$0.58	$0.76	$0.76	$0.76	$0.63	$0.52	$0.51	$0.44	$0.34	$0.29	$0.25	$0.20	$0.19	$0.16	$0.22	$0.19	$0.14
Basic EPS (GAAP)	$20.88	$19.28	$14.72	$13.51	$11.99	$9.14	$8.44	$7.14	$5.55	$8.41	$4.54	$5.79	$4.66	$3.30	$2.71	$3.01	$2.24	$2.30	$1.69	$1.68	$1.23	$1.20	$0.73	$0.73	$0.80	$0.58	$0.76	$0.76	$0.76	$0.64	$0.52	$0.51	$0.44	$0.37	$0.30	$0.26	$0.21	$0.19	$0.16	$0.23	$0.19	$0.14
Basic shares outstanding	37	37	37	37	37	37	37	37	37	38	39	39	39	38	38	38	42	51	51	51	50	50	50	50	50	50	46	52	53	52	52	53	52	45	44	44	43	44	44	46	45	44
Margins
Gross margin	23.8%	24.6%	23.5%	22.5%	20.4%	21.3%	27.1%	23.4%	20.9%	21.1%	22.4%	22.7%	18.5%	15.6%	14.8%	14.3%	15.6%	17.1%	15.4%	14.2%	14.5%	15.1%	16.4%	18.1%	19.4%	18.3%	18.4%	19.7%	23.1%	21.6%	20.1%	21.6%	21.5%	21.5%	20.8%	20.8%	20.2%	21.3%	20.0%	21.6%	21.0%	16.5%
Operating margin	5.9%	5.9%	5.0%	4.8%	4.2%	3.8%	5.2%	4.3%	3.4%	3.2%	4.1%	5.5%	4.2%	3.0%	2.7%	3.1%	3.4%	4.2%	3.2%	3.0%	2.7%	3.1%	2.8%	2.9%	3.7%	2.9%	3.5%	4.1%	5.3%	4.6%	4.0%	4.5%	4.4%	3.9%	3.3%	3.0%	2.5%	2.5%	2.2%	4.4%	4.8%	4.1%
Net margin	4.1%	4.1%	3.4%	3.4%	3.0%	2.6%	3.6%	2.9%	2.2%	3.8%	2.4%	3.2%	2.3%	1.6%	1.4%	1.6%	1.7%	2.5%	1.8%	1.8%	1.5%	1.7%	1.3%	1.6%	1.9%	1.4%	1.8%	2.4%	3.2%	2.8%	2.4%	2.8%	2.7%	2.3%	2.0%	1.9%	1.6%	1.7%	1.7%	3.2%	3.0%	2.2%

Analyst consensus

Buy26 analysts

Bearish · 0 · Hold · 7 · Bullish · 19

Earnings history

	EPS	Estimate
Q2 2025	$4.85	$4.29	Beat
Q3 2025	$2.33	$1.99	Beat
Q4 2025	$2.63	$1.94	Beat
Q1 2026	$5.77	$5.02	Beat
Q2 2026	$5.53	$5.19	Beat
Q3 2026	$3.49	$3.00	Beat
Q4 2026	$4.37	$3.31	Beat
Q1 2027	$7.37	$6.78	Beat

Peers

Company overview

IPO dateOct 20, 1983

CEODarren Rebelez

Employees49,848

SectorConsumer Cyclical

IndustrySpecialty Retail

CountryUS

ExchangeNASDAQ

Websitewww.caseys.com

Casey's General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. The company was founded by Donald F. Lamberti in 1968 and is headquartered in Ankeny, IA.

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