Casey's
CASY Nasdaq· Food Retail
Last close · Oct 26, 2026
$703.93
KIRA · Stoqly’s AI analyst, in plain words
- Casey's had $17.6B of revenue in fiscal 2026, up 10.2% on the year before. Over five years, revenue changed +15.1% a year on average.
- Casey's made $714M of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew 17.5% a year.
- Free cash flow was $722M in fiscal 2026, 4.1% of revenue.
- Casey's returned $284M to shareholders in fiscal 2026, 39% of free cash flow. The diluted share count fell 0.2%.
- Casey's owes $1.9B more than it holds in cash, about 1.3 years of operating profit.
Market cap
$26.1B
P/E
33.9x
Revenue
$17.6B
Net income
$714M
Free cash flow
$722M
Operating margin
—
Casey's in 30 seconds · fiscal 2026
Are sales growing?
+10.2%
Yes. Sales grew 10.2% last year.
Does it make a profit?
4.1%
A little. It keeps 4.1% of every sale as profit.
Does profit turn into cash?
4.1%
Partly. 4.1% of sales ends up as free cash.
Is debt under control?
1.3x
Keep an eye on it. Repaying its debt would take 1.3 years of operating profit.
How healthy are the accounts?
7 / 8
Solid. It passes 7 of 8 health tests.
How is the share priced?
33.9x
One share costs 33.9 times its yearly profit per share. Typical for its sector: 24.2x.
What Casey's does
Casey's runs convenience stores that sell gasoline, prepared food, drinks, groceries and other items. At the end of April 2026 it operated 2,944 stores in 19 states, about half of them in Iowa, Missouri and Illinois. Approximately 71% of its stores were opened in towns with fewer than 20,000 people, where national convenience chains are often absent. Almost all stores have a full kitchen that makes pizza, sandwiches, donuts and other hot food, and nearly all sell fuel. It earns most of its revenue from retail fuel and from the products sold inside its stores. Over the last three fiscal years, prepared food, drinks, groceries and general merchandise brought in about 36% of total revenue but about 63% of revenue less cost of goods sold, so the inside sales matter more to profit than their share of revenue suggests. A small wholesale fuel business supplies dealer sites and made up approximately 3% of fiscal 2026 revenue.
Biggest risks, in its own words
- The volatility of wholesale fuel costs, and falling fuel demand from efficiency gains and changing consumer habits.
- Rising food ingredient costs, since prepared food is a key part of its profit.
- Disruption to its distribution network or distribution centers that supply its stores.
- Government action and tax increases that cut tobacco and nicotine sales.
- Fiscal year ends
- April 30, 2026
- Latest annual report
- 10-K · Jun 22, 2026
- Legal name
- CASEY’S GENERAL STORES, INC.
- CIK
- 0000726958
Casey's · CASY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $13.0B | $15.1B | $14.9B | $15.9B | $17.6B |
| Revenue growth | 48.8% | 16.5% | −1.5% | 7.3% | 10.2% |
| Net income | $340M | $447M | $502M | $547M | $714M |
| Net margin | 2.6% | 3.0% | 3.4% | 3.4% | 4.1% |
| Diluted EPS | $9.10 | $11.91 | $13.43 | $14.64 | $19.16 |
| Cash | |||||
| Cash from operations | $789M | $882M | $893M | $1.1B | $1.4B |
| Capital expenditure | $327M | $477M | $522M | $506M | $656M |
| Free cash flow | $462M | $405M | $371M | $585M | $722M |
| FCF margin | 3.6% | 2.7% | 2.5% | 3.7% | 4.1% |
| Dividends paid | $51.2M | $55.6M | $62.9M | $72.3M | $83.1M |
| Share buybacks | $0.0M | $0.0M | $105M | $0.7M | $201M |
| Share count change | 0.0% | 0.4% | −0.4% | −0.1% | −0.2% |
| Debt and strength | |||||
| Cash and short-term investments | $159M | $379M | $207M | $327M | $523M |
| Debt incl. finance leases | $1.7B | $1.7B | $1.6B | $2.5B | $2.4B |
| Shareholders' equity | $2.2B | $2.7B | $3.0B | $3.5B | $4.0B |
| Net debt / EBITDA | 1.9x | 1.4x | 1.4x | 1.8x | 1.3x |
| Current ratio | 0.8x | 1.0x | 0.9x | 0.9x | 1.0x |
| Interest coverage | 8.7x | 12.3x | 13.3x | 9.5x | 10.7x |
| Returns and quality | |||||
| Return on capital | 11.4% | 12.6% | 12.9% | 12.1% | 13.6% |
| Return on equity | 16.3% | 18.2% | 17.7% | 16.8% | 19.2% |
| Piotroski F-score | 4 | 6 | 6 | 7 | 7 |
| Altman Z'' | 2.4 | 3.0 | 3.1 | 2.7 | 3.1 |
Insiders bought, 12 months
$0.6M
2 insiders
Insiders sold, 12 months
$29.2M
6 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Casey's · CASY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Casey's CASY | $26.1B | 10.2% | — | 4.1% | 13.6% | 33.9x | 7 |
| United Natural Foods UNFI | $3.0B | −2.0% | 0.7% | 1.0% | 5.3% | — | 6 |
| Sprouts Farmers Market SFM | $6.2B | 14.1% | 7.8% | 5.3% | 46.9% | 12.6x | 7 |
| Grocery Outlet GO | $1.3B | 7.3% | −4.7% | 0.5% | −11.6% | — | 5 |
| Maplebear CART | $15.2B | 10.8% | 13.3% | 24.3% | 22.5% | 33.3x | 6 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $703.93 a share, the company is worth $26.1B: 33.9 times its earnings of the last four quarters.
Casey's grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 2 of 2.
Source: SEC EDGAR XBRL filings (CIK 0000726958). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.