Caseys General Stores (CASY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Caseys General Stores

NasdaqGS•Consumer Cyclical•Specialty Retail

$733.49-22.60(-0.03%)Pre-market

Market Cap

$22.09B

P/E

28.6x

P/S

1.2x

P/B

5.4x

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.

How this company scores

GoodMetricSide Score: 77/100

Strongest: Growth (23/25); weakest: Cash & Earnings Quality (16/25).

Profitability18/25

Growth23/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality16/25

Strengths

High ROERising earningsInterest easily coveredConsistent free cash flow

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 28.6x5y range 19.1x – 40.4x

Currently near its 20-quarter median.

P/S · 1.2x5y range 0.5x – 1.6x

Currently above its 20-quarter median.

P/B · 5.4x5y range 3.2x – 7.3x

Price & Volume

Market Cap $22.09B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $18.67B
Q. Revenue: $5.68B
TTM EBITDA: $2.01B
TTM Op. Income: $1.55B
Q. Op. Income: $485.08M
TTM Net Income: $772.81M
Q. Net Income: $273.72M
EPS: $7.4
Shares Out.: $36.97M

$18.67B in TTM revenue grew 13.8% YoY, reaching $5.68B last quarter. TTM EBITDA of $2.01B and TTM operating income of $1.55B show growth is flowing through to the bottom line. TTM net income of $772.81M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 21.8%
EBITDA Margin: 10.6%
Op. Margin: 8.5%
Net Margin: 4.8%

Op. margin of 8.5% is down 0.5% YoY — costs are rising relative to revenue. Net margin at 4.8% and gross margin of 21.8% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 6% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 28.6x
P/S Ratio: 1.2x
P/B Ratio: 5.4x

At 28.6x P/E, the stock trades within typical market levels. P/S of 1.2x and P/B of 5.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 15% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $9.12B
Cash: $524.06M
Long-Term Debt: $2.33B
Book Value: $4.09B
D/E Ratio: 0.6
Debt/EBITDA: 3.9

With $9.12B in assets and $2.33B in long-term debt, D/E is 0.6and book value is $4.09B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $384.07M
TTM Free Cash Flow: $648.93M
FCF Margin: 3.5%
FCF / Net Income: 0.8

TTM FCF of $648.93M on $384.07M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 3% — a weakening trend.