Caseys Gen Stores Financials
Caseys Gen Stores (CASY) reported $17.6B in revenue for fiscal year 2026, up 10.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin expansion and improving cash conversion are allowing revenue growth to produce more earnings despite continued capital reinvestment.
Gross margin reached24.6% in FY2026, up from20.4% in FY2023, while net margin also widened; this indicates improved gross economics reached the bottom line rather than remaining only a gross-profit improvement. FY2026 operating cash flow of$1.38B compared with net income of$714M , showing earnings were accompanied by substantial cash generation rather than existing mainly on paper.
The balance sheet became more flexible after FY2025’s leverage step-up: debt-to-equity fell from 0.7x to 0.6x by FY2026 as equity expanded. Liquidity also crossed 1.0x on the current ratio, meaning current assets slightly exceeded current liabilities at the latest year-end.
FY2026 capital spending of
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Caseys Gen Stores's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Caseys Gen Stores, and counted as zero in the overall score.
Caseys Gen Stores's revenue grew 10.2% year-over-year to $17.6B, a solid pace of expansion. This earns a growth score of 62/100.
Caseys Gen Stores has a moderate D/E ratio of 0.59. This balance of debt and equity financing earns a leverage score of 56/100.
Caseys Gen Stores's current ratio of 1.01 is below the typical benchmark, resulting in a score of 19/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Caseys Gen Stores has a free cash flow margin of 4.1%, earning a moderate score of 42/100. The company generates positive cash flow after capital investments, but with room for improvement.
Not available for Caseys Gen Stores, and counted as zero in the overall score.
Caseys Gen Stores passes 9 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Caseys Gen Stores generates $1.93 in operating cash flow ($1.4B OCF vs $714.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Caseys Gen Stores generated $17.6B in revenue in fiscal year 2026. This represents an increase of 10.2% from the prior year.
Caseys Gen Stores reported $714.4M in net income in fiscal year 2026. This represents an increase of 30.7% from the prior year.
Caseys Gen Stores earned $19.16 per diluted share (EPS) in fiscal year 2026. This represents an increase of 30.9% from the prior year.
Not reported for fiscal year 2026.
Cash & Balance Sheet
Caseys Gen Stores generated $721.6M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 23.4% from the prior year.
Caseys Gen Stores held $523.0M in cash against $2.3B in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Caseys Gen Stores's gross margin was 24.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.
Caseys Gen Stores's net profit margin was 4.1% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.
Caseys Gen Stores's ROE was 18.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 2.5 percentage points from the prior year.
Not reported for fiscal year 2026.
Capital Allocation
Caseys Gen Stores spent $200.5M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 27216.8% from the prior year.
Caseys Gen Stores invested $655.9M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 29.6% from the prior year.
Not reported for fiscal year 2026.
CASY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.6B+10.2% | $15.9B+7.3% | $14.9B-1.5% | $15.1B+16.5% | $13.0B+48.8% | $8.7B-5.1% | $9.2B-1.9% | $9.4B+11.5% | $8.4B+11.8% | $7.5B+5.4% | $7.1B-8.3% | $7.8B-0.9% | $7.8B+8.1% | $7.3B+3.8% | $7.0B |
| Cost of Revenue | $13.2B+8.6% | $12.2B+5.8% | $11.5B-4.2% | $12.0B+18.0% | $10.2B+60.5% | $6.4B-9.7% | $7.0B-5.0% | $7.4B+11.7% | $6.6B+13.7% | $5.8B+5.8% | $5.5B-12.9% | $6.3B-4.4% | $6.6B+7.1% | $6.2B+3.2% | $6.0B |
| Gross Profit | $4.3B+15.2% | $3.8B+12.1% | $3.3B+9.0% | $3.1B+11.2% | $2.8B+17.2% | $2.4B+9.9% | $2.1B+9.7% | $2.0B+10.5% | $1.8B+5.2% | $1.7B+4.2% | $1.6B+12.1% | $1.4B+17.8% | $1.2B+14.1% | $1.1B+7.1% | $1.0B |
| Interest Expense | $96.6M+15.1% | $84.0M+57.1% | $53.4M+3.1% | $51.8M-9.1% | $57.0M+22.1% | $46.7M-12.6% | $53.4M-4.0% | $55.7M+9.3% | $50.9M+22.6% | $41.5M+3.4% | $40.2M-2.6% | $41.2M+3.3% | $39.9M+13.2% | $35.3M+0.2% | $35.2M |
| Income Tax | $222.6M+34.1% | $165.9M+7.6% | $154.2M+9.5% | $140.8M+39.5% | $100.9M+6.8% | $94.5M+20.8% | $78.2M+31.4% | $59.5M+157.5% | -$103.5M-212.2% | $92.2M-24.9% | $122.7M+21.0% | $101.4M+51.7% | $66.8M+11.7% | $59.8M-8.4% | $65.3M |
| Net Income | $714.4M+30.7% | $546.5M+8.9% | $502.0M+12.4% | $446.7M+31.5% | $339.8M+8.6% | $312.9M+18.6% | $263.8M+29.4% | $203.9M-35.9% | $317.9M+79.1% | $177.5M-21.5% | $226.0M+25.1% | $180.6M+42.4% | $126.8M+22.2% | $103.8M-9.5% | $114.7M |
| EPS (Diluted) | $19.16+30.9% | $14.64+9.0% | $13.43+12.8% | $11.91+30.9% | $9.10+8.6% | $8.38+18.0% | $7.10+28.9% | $5.51-33.9% | $8.34+86.2% | $4.48-21.8% | $5.73+24.0% | $4.62+41.7% | $3.26+21.2% | $2.69-10.0% | $2.99 |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, Operating Income.
CASY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.9B+8.9% | $8.2B+29.3% | $6.3B+6.8% | $5.9B+7.9% | $5.5B+23.4% | $4.5B+13.1% | $3.9B+5.7% | $3.7B+7.5% | $3.5B+14.9% | $3.0B+10.8% | $2.7B+10.4% | $2.5B+7.2% | $2.3B+15.8% | $2.0B+12.1% | $1.8B |
| Current Assets | $1.4B+34.7% | $1.0B+22.1% | $829.9M-9.9% | $921.0M+27.0% | $725.0M+0.2% | $723.6M+86.9% | $387.3M-5.7% | $410.6M+3.5% | $396.8M+13.2% | $350.7M+7.6% | $325.9M+6.8% | $305.3M-21.6% | $389.6M+39.6% | $279.0M-0.1% | $279.3M |
| Cash & Equivalents | $523.0M+60.1% | $326.7M+58.2% | $206.5M-45.5% | $378.9M+138.5% | $158.9M-52.8% | $336.5M+330.0% | $78.3M+23.7% | $63.3M+17.9% | $53.7M-30.0% | $76.7M+1.2% | $75.8M+56.1% | $48.5M-60.1% | $121.6M+194.7% | $41.3M-26.2% | $55.9M |
| Inventory | $557.2M+16.1% | $480.0M+12.0% | $428.7M+14.0% | $376.1M-5.1% | $396.2M+38.2% | $286.6M+21.4% | $236.0M-13.6% | $273.0M+13.0% | $241.7M+19.8% | $201.6M-1.6% | $205.0M+3.9% | $197.3M-3.7% | $204.8M+8.1% | $189.5M+11.0% | $170.8M |
| Goodwill | $1.3B+1.9% | $1.2B+90.7% | $652.7M+6.1% | $615.3M+0.4% | $612.9M+280.5% | $161.1M0.0% | $161.1M+2.5% | $157.2M+12.1% | $140.3M+5.6% | $132.8M+3.3% | $128.6M+1.2% | $127.0M+5.5% | $120.4M+4.9% | $114.8M+10.0% | $104.4M |
| Total Liabilities | $5.0B+6.1% | $4.7B+41.0% | $3.3B+1.5% | $3.3B+0.5% | $3.3B+29.2% | $2.5B+9.9% | $2.3B-0.9% | $2.3B+5.6% | $2.2B+20.2% | $1.8B+11.4% | $1.6B+3.0% | $1.6B-0.4% | $1.6B+14.7% | $1.4B+10.1% | $1.3B |
| Current Liabilities | $1.4B+22.6% | $1.1B+15.5% | $953.5M+2.8% | $927.1M+2.5% | $904.7M+47.6% | $612.7M-42.4% | $1.1B+80.0% | $590.9M+16.4% | $507.9M+18.8% | $427.4M+10.3% | $387.6M+6.2% | $364.9M-6.7% | $390.9M-5.3% | $412.8M+34.6% | $306.6M |
| Long-Term Debt | $2.3B-3.5% | $2.4B+52.5% | $1.6B-2.3% | $1.6B-2.6% | $1.7B+22.2% | $1.4B+90.5% | $714.5M-44.3% | $1.3B-0.7% | $1.3B+42.4% | $907.4M+10.3% | $822.9M-1.8% | $838.2M-1.8% | $853.6M+30.7% | $653.1M-2.2% | $667.9M |
| Total Equity | $4.0B+12.6% | $3.5B+16.4% | $3.0B+13.3% | $2.7B+18.7% | $2.2B+15.9% | $1.9B+17.6% | $1.6B+16.6% | $1.4B+10.8% | $1.3B+6.8% | $1.2B+9.9% | $1.1B+23.8% | $875.2M+24.5% | $703.3M+18.5% | $593.4M+17.7% | $503.9M |
| Retained Earnings | $4.0B+14.2% | $3.5B+15.8% | $3.0B+17.1% | $2.6B+18.0% | $2.2B+15.4% | $1.9B+16.4% | $1.6B+15.6% | $1.4B+9.6% | $1.3B+10.5% | $1.2B+13.8% | $1.0B+23.4% | $819.0M+22.3% | $669.4M+17.4% | $570.3M+15.5% | $493.8M |
Not reported in any period shown, so not listed: Accounts Receivable.
CASY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4B+26.3% | $1.1B+22.2% | $893.0M+1.2% | $882.0M+11.8% | $788.7M-1.9% | $804.1M+59.4% | $504.3M-5.0% | $530.6M+26.4% | $419.8M-8.6% | $459.3M-2.8% | $472.4M+35.5% | $348.6M+11.0% | $314.2M+9.7% | $286.3M-2.9% | $294.9M |
| Capital Expenditures | $655.9M+29.6% | $506.2M-3.0% | $522.0M+9.5% | $476.6M+46.0% | $326.5M-26.0% | $441.3M+0.5% | $439.0M+11.2% | $394.7M-31.6% | $577.4M+33.2% | $433.4M+10.3% | $392.8M+8.9% | $360.7M+16.9% | $308.6M+1.1% | $305.3M+26.7% | $240.9M |
| Free Cash Flow | $721.6M+23.4% | $584.6M+57.6% | $370.9M-8.5% | $405.4M-12.3% | $462.3M+27.4% | $362.8M+455.3% | $65.3M-51.9% | $135.9M+186.2% | -$157.6M-709.0% | $25.9M-67.5% | $79.5M+758.0% | -$12.1M-318.7% | $5.5M+129.1% | -$19.0M-135.1% | $54.0M |
| Investing Cash Flow | -$755.4M+56.2% | -$1.7B-109.2% | -$825.4M-51.4% | -$545.0M+52.9% | -$1.2B-160.6% | -$444.3M+4.8% | -$466.6M-1.9% | -$457.8M+24.9% | -$609.3M-34.0% | -$454.7M-15.1% | -$395.0M+1.0% | -$399.1M-18.5% | -$336.9M-1.7% | -$331.3M-19.1% | -$278.1M |
| Financing Cash Flow | -$425.8M-156.3% | $756.0M+415.0% | -$240.0M-105.2% | -$116.9M-161.0% | $191.6M+288.8% | -$101.5M-347.2% | -$22.7M+64.1% | -$63.2M-137.9% | $166.5M+4717.3% | -$3.6M+92.8% | -$50.2M-122.0% | -$22.6M-121.9% | $103.1M+240.2% | $30.3M+248.5% | -$20.4M |
| Dividends Paid | $83.1M+15.0% | $72.3M+14.9% | $62.9M+13.1% | $55.6M+8.6% | $51.2M+6.8% | $48.0M+4.4% | $46.0M+10.9% | $41.4M+6.8% | $38.8M+5.5% | $36.8M+9.6% | $33.5M+11.1% | $30.2M+11.4% | $27.1M+9.8% | $24.7M+8.0% | $22.8M |
| Share Buybacks | $200.5M+27216.8% | $734K-99.3% | $104.9M | $0 | $0 | $0 | $0-100.0% | $37.5M-82.5% | $214.7M+348.3% | $47.9M | $0 | $0 | N/A | N/A | N/A |
CASY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.6%+1.1pp | 23.5%+1.0pp | 22.5%+2.2pp | 20.3%-1.0pp | 21.3%-5.7pp | 27.1%+3.7pp | 23.4%+2.5pp | 20.9%-0.2pp | 21.1%-1.3pp | 22.4%-0.3pp | 22.7%+4.1pp | 18.5%+2.9pp | 15.6%+0.8pp | 14.8%+0.5pp | 14.3% |
| Net Margin | 4.1%+0.6pp | 3.4%+0.1pp | 3.4%+0.4pp | 3.0%+0.3pp | 2.6%-1.0pp | 3.6%+0.7pp | 2.9%+0.7pp | 2.2%-1.6pp | 3.8%+1.4pp | 2.4%-0.8pp | 3.2%+0.8pp | 2.3%+0.7pp | 1.6%+0.2pp | 1.4%-0.2pp | 1.6% |
| Return on Equity | 18.1%+2.5pp | 15.6%-1.1pp | 16.7%-0.1pp | 16.8%+1.6pp | 15.2%-1.0pp | 16.2%+0.1pp | 16.1%+1.6pp | 14.5%-10.5pp | 25.0%+10.1pp | 14.9%-5.9pp | 20.9%+0.2pp | 20.6%+2.6pp | 18.0%+0.5pp | 17.5%-5.3pp | 22.8% |
| Return on Assets | 8.0%+1.3pp | 6.7%-1.2pp | 7.9%+0.4pp | 7.5%+1.4pp | 6.2%-0.9pp | 7.0%+0.3pp | 6.7%+1.2pp | 5.5%-3.7pp | 9.2%+3.3pp | 5.9%-2.4pp | 8.3%+1.0pp | 7.3%+1.8pp | 5.5%+0.3pp | 5.2%-1.2pp | 6.5% |
| Current Ratio | 1.01+0.1x | 0.920.0x | 0.87-0.1x | 0.99+0.2x | 0.80-0.4x | 1.18+0.8x | 0.36-0.3x | 0.69-0.1x | 0.780.0x | 0.820.0x | 0.840.0x | 0.84-0.2x | 1.00+0.3x | 0.68-0.2x | 0.91 |
| Debt-to-Equity | 0.59-0.1x | 0.69+0.2x | 0.52-0.1x | 0.61-0.1x | 0.740.0x | 0.70+0.3x | 0.43-0.5x | 0.91-0.1x | 1.02+0.3x | 0.760.0x | 0.76-0.2x | 0.96-0.3x | 1.21+0.1x | 1.10-0.2x | 1.33 |
| FCF Margin | 4.1%+0.4pp | 3.7%+1.2pp | 2.5%-0.2pp | 2.7%-0.9pp | 3.6%-0.6pp | 4.2%+3.5pp | 0.7%-0.7pp | 1.5%+3.3pp | -1.9%-2.2pp | 0.3%-0.8pp | 1.1%+1.3pp | -0.2%-0.2pp | 0.1%+0.3pp | -0.3%-1.0pp | 0.8% |
Not reported in any period shown, so not listed: Operating Margin.
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Where Caseys Gen Stores Ranks
Frequently Asked Questions
What is Caseys Gen Stores's annual revenue?
Caseys Gen Stores (CASY) reported $17.6B in total revenue for fiscal year 2026. This represents a 10.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Caseys Gen Stores's revenue growing?
Caseys Gen Stores (CASY) revenue grew by 10.2% year-over-year, from $15.9B to $17.6B in fiscal year 2026.
Is Caseys Gen Stores profitable?
Yes, Caseys Gen Stores (CASY) reported a net income of $714.4M in fiscal year 2026, with a net profit margin of 4.1%.
How much debt does Caseys Gen Stores have?
As of fiscal year 2026, Caseys Gen Stores (CASY) had $523.0M in cash and equivalents against $2.3B in long-term debt.
What is Caseys Gen Stores's gross margin?
Caseys Gen Stores (CASY) had a gross margin of 24.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Caseys Gen Stores's net profit margin?
Caseys Gen Stores (CASY) had a net profit margin of 4.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Caseys Gen Stores's return on equity (ROE)?
Caseys Gen Stores (CASY) has a return on equity of 18.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Caseys Gen Stores's free cash flow?
Caseys Gen Stores (CASY) generated $721.6M in free cash flow during fiscal year 2026. This represents a 23.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Caseys Gen Stores's operating cash flow?
Caseys Gen Stores (CASY) generated $1.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Caseys Gen Stores's total assets?
Caseys Gen Stores (CASY) had $8.9B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Caseys Gen Stores's capital expenditures?
Caseys Gen Stores (CASY) invested $655.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Caseys Gen Stores's current ratio?
Caseys Gen Stores (CASY) had a current ratio of 1.01 as of fiscal year 2026, which is considered adequate.
What is Caseys Gen Stores's debt-to-equity ratio?
Caseys Gen Stores (CASY) had a debt-to-equity ratio of 0.59 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Caseys Gen Stores's return on assets (ROA)?
Caseys Gen Stores (CASY) had a return on assets of 8.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Caseys Gen Stores's Piotroski F-Score?
Caseys Gen Stores (CASY) has a Piotroski F-Score of 9 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Caseys Gen Stores's earnings high quality?
Caseys Gen Stores (CASY) has an earnings quality ratio of 1.93x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Caseys Gen Stores?
Caseys Gen Stores (CASY) scores 30 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.