CASEYS GENERAL STORES INC CASY
As of April 30, 2026, Casey's General Stores, Inc. and its direct and indirect wholly-owned subsidiaries operate convenience stores primarily under the names "Casey's" and "Casey's General Store" (collectively, with the stores below referenced as "GoodStop (by Casey's)" or "CEFCO", referred to as "Casey's" or the "Company") throughout 19 states, approximately half of which are located in Iowa, Missouri and Illinois.
As of April 30, 2026, there were 2,944 stores in operation. Approximately 71% of all stores were opened in areas with populations of fewer than 20,000 persons. The Company competes on the basis of traditional features of convenience store operations such as location, extended hours, product offerings, price and quality of service.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.56B | $15.94B | $14.86B | $15.09B | $12.95B | $8.71B | $9.18B | $9.35B | $8.39B | $7.51B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | $5.83B |
| Gross profit | — | — | — | — | — | — | $2.14B | $1.95B | $1.77B | $1.68B |
| Total operating expenses | $2.84B | $2.55B | $2.29B | $2.12B | $1.96B | $1.64B | $1.50B | $1.39B | $1.28B | $1.17B |
| Interest expense | $96.6M | $84.0M | $53.4M | $51.8M | $57.0M | $46.7M | $53.4M | $55.7M | $50.9M | $41.5M |
| Pre-tax income | $937.0M | $712.4M | $656.2M | $587.5M | $440.7M | $407.4M | $342.0M | $263.4M | $214.4M | $269.7M |
| Income tax | $222.6M | $165.9M | $154.2M | $140.8M | $100.9M | $94.5M | $78.2M | $59.5M | $103.5M | $92.2M |
| Net income | $714.4M | $546.5M | $502.0M | $446.7M | $339.8M | $312.9M | $263.8M | $203.9M | $317.9M | $177.5M |
| EPS, basic | 19.28 | 14.72 | 13.51 | 11.99 | 9.14 | 8.44 | 7.14 | 5.55 | 8.41 | 4.54 |
| EPS, diluted | 19.16 | 14.64 | 13.43 | 11.91 | 9.10 | 8.38 | 7.10 | 5.51 | 8.34 | 4.48 |
| Shares, diluted (wtd. avg.) | $37.3M | $37.3M | $37.4M | $37.5M | $37.4M | $37.4M | $37.2M | $37.0M | $38.1M | $39.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $523.0M | $326.7M | $206.5M | $378.9M | $158.9M | $336.5M | $78.3M | $63.3M | $53.7M | $76.7M |
| Receivables | — | — | — | — | — | — | — | $37.9M | $45.0M | $43.2M |
| Inventory | $557.2M | $480.0M | $428.7M | $376.1M | $396.2M | $286.6M | $236.0M | $273.0M | $241.7M | $201.6M |
| Total current assets | $1.36B | $1.01B | $829.9M | $921.0M | $725.0M | $723.6M | $387.2M | $410.6M | $396.8M | $350.7M |
| Property, plant and equipment | — | — | — | — | $3.98B | $3.49B | $3.32B | $3.12B | $2.90B | $2.51B |
| Goodwill | $1.27B | $1.24B | $652.7M | $615.3M | $612.9M | $161.1M | $161.1M | $157.2M | $140.3M | $132.8M |
| Total assets | $8.94B | $8.21B | $6.35B | $5.94B | $5.51B | $4.46B | $3.94B | $3.73B | $3.47B | $3.02B |
| Accounts payable | $823.8M | $620.4M | $569.5M | $560.5M | $588.8M | $355.5M | $184.8M | $335.2M | $321.4M | $293.9M |
| Short-term debt | $101.4M | $94.9M | $53.2M | $52.9M | $24.5M | $2.4M | $570.3M | $17.2M | $15.4M | $15.4M |
| Total current liabilities | $1.35B | $1.10B | $953.5M | $927.1M | $904.7M | $612.7M | $1.06B | $590.9M | $507.9M | $427.4M |
| Long-term debt | $2.33B | $2.41B | $1.58B | $1.62B | $1.66B | $1.36B | $714.5M | $1.28B | $1.29B | $907.4M |
| Total liabilities | $4.98B | $4.70B | $3.33B | $3.28B | $3.26B | $2.53B | $2.30B | $2.32B | $2.20B | $1.83B |
| Retained earnings | $3.95B | $3.46B | $2.99B | $2.55B | $2.16B | $1.87B | $1.61B | $1.39B | $1.27B | $1.15B |
| Total equity | $3.95B | $3.51B | $3.02B | $2.66B | $2.24B | $1.93B | $1.64B | $1.41B | $1.27B | $1.19B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.38B | $1.09B | $893.0M | $882.0M | $788.7M | $804.1M | $504.3M | $530.6M | $419.8M | $459.3M |
| Stock-based compensation | $63.4M | $47.7M | $41.4M | $47.0M | $38.0M | $32.0M | $18.1M | $16.4M | $18.8M | $10.7M |
| Capital expenditure | $655.9M | $506.2M | $522.0M | $476.6M | $326.5M | $441.3M | $439.0M | $394.7M | $577.4M | $433.4M |
| Investing cash flow | -$755.4M | -$1.73B | -$825.4M | -$545.0M | -$1.16B | -$444.3M | -$466.6M | -$457.8M | -$609.3M | -$454.7M |
| Financing cash flow | -$425.8M | $756.0M | -$240.0M | -$116.9M | $191.6M | -$101.5M | -$22.7M | -$63.2M | $166.5M | -$3.6M |
| Dividends paid | $83.1M | $72.3M | $62.9M | $55.6M | $51.2M | $48.0M | $46.0M | $41.4M | $38.8M | $36.8M |
| Buybacks | $200.5M | $734.0K | $104.9M | $0 | $0 | $0 | $0 | $37.5M | $214.7M | $47.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-029280.
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