Casey's General Stores Inc, along with its subsidiaries, operates convenience stores mainly under the names Casey's, GoodStop (by Casey's), and Casey's General Store throughout various states in the USA, approximately half of which are located in Iowa, Missouri, and Illinois.
It is a $23.9B consumer company. Revenue grew 13.8% over the last year, and it keeps 4¢ of every dollar of sales as profit. It trades at 30.9× earnings — around the middle of its own history.
- Website
- caseys.com
- Location
- Ankeny, IA
- Employees
- 49 848
- Sector
- Consumer Cyclical
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth and quality; Valuation and Profitability lag behind.
Valuation47
- P/E vs own history67th pct · 5/25
- FCF yield2.7% · 5/25
- P/S1.3x · 25/25
- EV/EBITDA16.6x · 12/25
Growth77
- Revenue CAGR7.9% · 12/25
- Net income CAGR20.4% · 25/25
- EPS CAGR ~5Y18.0% · 20/25
- Fwd implied growth17.4% · 20/25
Profitability31
- ROICn/a · 0/25
- ROE19.7% · 20/25
- Net margin4.1% · 6/25
- Operating margin5.9% · 5/25
Health62
- Altman Z4.25 · 25/25
- Current ratio1.02 · 12/25
- Interest coverage10.7x · 25/25
- Net cash / debtn/a · 0/25
Quality84
- Piotroski F8/9 · 25/25
- Beneish M-2.62 · 25/25
- FCF conversion84% · 22/25
- Margin stabilityσ 8.5% · 12/25
Moat56
- ROIC >12% years5/7 yrs · 20/25
- Median gross margin21.7% · 6/25
- FCF-positive years10/11 yrs · 18/25
- Worst-year net marginworst 2.2% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBest year on record$714M net income
- 2024AcquisitionThe company acquired Buchanan Energy and became the owner of 94 Bucky's Convenience Stores
- 2023AcquisitionCasey's purchased 63 Minit Mart and Certified Oil locations in Kentucky and Middle Tennessee
- FY2022FinancialRevenue crossed $10B$13.0B for the year
- 2021AcquisitionCasey's purchased 38 Pilot Food Mart locations and two truck stop locations from Pilot Company
- FY2019FinancialPositive free cash flow every year since8-year streak
- 2016ProductThe company launched a mobile app
- FY2016FinancialProfitable every year on record11 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$7.12B in first reported year
- 2011AcquisitionThe company acquired 11 stores in Minnesota
- 2010ProductAlimentation Couche-Tard, operator of several convenience store chains, including Circle K, offered…
- 2010AcquisitionCasey's ended merger discussions with 7-Eleven
- 2006AcquisitionCasey's acquired Lincoln, Nebraska-based Gas 'N Shop, with 58 stores
- 1983IPOCasey's became a public company via an initial public offering
- 1982MilestoneCasey's opened its first Distribution Center in Urbandale, Iowa
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 13.8% year over year
- Interest covered 10.7× by operating earnings
- Piotroski F-Score 8/9 — fundamentally strong checklist
- Altman Z-Score 4.25 — low bankruptcy-risk zone
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+13.8% YoY
- Profitable — makes more than it spends$773M TTM
- Profit growing — earnings are higher than last year+17.2% YoY
- Generates cash — cash left after running and investing$649M TTM
- Debt under control — could handle its obligationscurrent ratio 1.02
- Established company — not a micro-cap — lower blow-up risk$23.9B market cap
- Not printing shares — share count not ballooning — you keep your slice-0.1% shares over ~5y
- Proven track record — years of profitability behind it11/11 profitable years
- Financially stable — balance sheet not near distressAltman Z 4.3 — safe
- Pays a dividend — returns cash to shareholdersyield 0.36%
- Valuation not extreme — price not wildly above earningsP/E 30.9
Peer comparisonCasey's General Stores Inc vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| CASY this company | $23.9B | 30.9 | +13.8% | 4.1% | Solid |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: CASY vs AMZN · CASY vs TSLA · CASY vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/CASY
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of CASY on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $646.27 · market cap $23.9B.