Casey's General Stores, Inc. (CASY) Stock Analysis
Consumer Cyclical · Specialty Retail · NasdaqGS
Casey's General Stores, Inc. (CASY) posted $17.56B in revenue for fiscal 2026 (up 10.2% year over year), at a 4.1% net margin, and has compounded revenue about 15.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Casey's General Stores, Inc.
Casey's General Stores, Inc. has grown revenue from $7.51B to $17.56B over the last 10 fiscal years, compounding about 15.1% a year. The most recent year was up 10.2%, so growth has cooled from its longer-run pace.
Net margin sits at 4.1%, up 0.7 points year over year. It carries about $2.32B of total debt.
At today's valuation the market is pricing in roughly 18.7% annual free-cash-flow growth — versus the 14.7% it actually delivered over the last five years, so the price already assumes a step-up from the recent record.
Synthesised from Casey's General Stores, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Casey's General Stores, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.51B | $8.39B | $9.35B | $9.18B | $8.71B | $12.95B | $15.09B | $14.86B | $15.94B | $17.56B |
| Gross profit | $1.68B | $1.77B | $1.95B | $2.14B | — | — | — | — | — | — |
| Net income | $177.49M | $317.90M | $203.89M | $263.85M | $312.90M | $339.79M | $446.69M | $501.97M | $546.52M | $714.45M |
| Net margin | 2.4% | 3.8% | 2.2% | 2.9% | 3.6% | 2.6% | 3.0% | 3.4% | 3.4% | 4.1% |
Source: Casey's General Stores, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Casey's General Stores, Inc.: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into CASY stock?
At today's market cap of $32.23B, Casey's General Stores, Inc. is priced for free-cash-flow growth of about 18.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $721.62M from the FY ending 2026-04-30). For comparison, free cash flow actually grew 14.7%/yr over the last five fiscal years and revenue 15.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Casey's General Stores, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Casey's General Stores, Inc. financial history by metric
Compare Casey's General Stores, Inc. with peers
About Casey's General Stores, Inc.
Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names in the United States. Its stores offer pizza, donuts, hot breakfast items, and sandwiches; and beverages, tobacco and nicotine products. The company's stores also provide soft drinks, energy, water, sports drinks, juices, coffee, and tea and dairy products; beer, wine, and spirits; snacks, candy, packaged bakery, and other food items; ice, ice cream, meals, and appetizers; health and beauty aids, automotive products, electronic accessories, and housewares. In addition, its stores offer motor fuel for sale on a self-service basis; gasoline and diesel fuel; and ATM, lotto/lottery, and prepaid cards, as well as car wash services. The company also operates distribution centers. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.
Casey's General Stores, Inc. — frequently asked questions
What is Casey's General Stores, Inc.'s revenue?
Casey's General Stores, Inc. (CASY) reported revenue of $17.56B for fiscal year 2026, up 10.2% from the prior year, according to its SEC filings.
Is Casey's General Stores, Inc. profitable?
Yes. CASY earned net income of $714.45M in fiscal 2026, a net margin of 4.1%.
What is CASY's P/E ratio?
Casey's General Stores, Inc. trades at a price-to-earnings ratio of about 45.5 based on the latest data in our nightly-refreshed cache.
How fast is Casey's General Stores, Inc. growing?
CASY's revenue grew at roughly 15.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Casey's General Stores, Inc. have?
As of fiscal year 2026, CASY carried roughly $2.32B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Casey's General Stores, Inc.'s market cap?
Casey's General Stores, Inc. (CASY) has a market capitalization of about $32.23B, based on the latest data in our nightly-refreshed cache.
When does Casey's General Stores, Inc.'s fiscal year end?
CASY's fiscal year ends in April. Its most recent annual filing covers the fiscal year ending 2026-04-30.
What growth is priced into CASY stock?
At today's market cap of $32.23B, Casey's General Stores, Inc. is priced for free-cash-flow growth of about 18.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $721.62M from the FY ending 2026-04-30). For comparison, free cash flow actually grew 14.7%/yr over the last five fiscal years and revenue 15.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Casey's General Stores, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.