← Back to All US Stocks

CASY Stock Analysis - CASEYS GENERAL STORES INC AI Rating

CASY Nasdaq Retail-Auto Dealers & Gasoline Stations IA CIK: 0000726958
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2026-01-31
AI Rating
HOLD
62% Confidence

📊 CASY Key Takeaways

Revenue: $13.0B
Net Margin: 4.2%
Free Cash Flow: $514.2M
Current Ratio: 1.04x
Debt/Equity: 0.61x
EPS: $14.79
AI Rating: HOLD with 62% confidence

Investment Thesis

Casey's demonstrates solid operational performance with healthy profitability margins (4.2% net margin, 5.6% operating margin) and strong cash generation (514.2M FCF). However, the extreme revenue growth figure (121,567.7% YoY) appears anomalous and suggests a data quality issue or acquisition/restatement, warranting caution until the underlying driver is clarified. The company maintains adequate financial health with moderate leverage and reasonable liquidity, but growth quality concerns and tight current ratios (1.04x) require monitoring.

CASY Strengths

  • + Strong free cash flow generation of 514.2M with 4.0% FCF margin demonstrates operational efficiency
  • + Healthy interest coverage of 9.7x and moderate debt-to-equity of 0.61x indicate manageable leverage and financial stability
  • + Consistent profitability across margins (16.5% gross, 5.6% operating, 4.2% net) with positive ROE of 14.3% and ROA of 6.4%

CASY Risks

  • ! Anomalous revenue growth of 121,567.7% YoY is unexplained and suggests potential data quality issues, acquisition impact, or accounting restatement requiring clarification
  • ! Tight liquidity position with current ratio of 1.04x and quick ratio of 0.64x limits financial flexibility in adverse scenarios
  • ! Modest operating margins (5.6%) are typical of retail/gasoline station sector but leave limited cushion for competitive or commodity price pressures

Key Metrics to Watch

CASY Financial Metrics

Revenue
$13.0B
Net Income
$551.8M
EPS (Diluted)
$14.79
Free Cash Flow
$514.2M
Total Assets
$8.6B
Cash Position
$465.0M

💡 AI Analyst Insight

The relatively thin 4.0% FCF margin may limit capital allocation flexibility.

CASY Profitability Ratios

Gross Margin 16.5%
Operating Margin 5.6%
Net Margin 4.2%
ROE 14.3%
ROA 6.4%
FCF Margin 4.0%

CASY vs Consumer Sector

How CASEYS GENERAL STORES INC compares to Consumer sector averages

Net Margin
CASY 4.2%
vs
Sector Avg 8.0%
CASY Sector
ROE
CASY 14.3%
vs
Sector Avg 18.0%
CASY Sector
Current Ratio
CASY 1.0x
vs
Sector Avg 1.5x
CASY Sector
Debt/Equity
CASY 0.6x
vs
Sector Avg 0.8x
CASY Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CASY Balance Sheet & Liquidity

Current Ratio
1.04x
Quick Ratio
0.64x
Debt/Equity
0.61x
Debt/Assets
55.1%
Interest Coverage
9.66x
Long-term Debt
$2.3B

CASY 5-Year Financial Trend

CASY 5-year financial data: Year 2021: Revenue $9.4B, Net Income $203.9M, EPS $5.51. Year 2022: Revenue $13.0B, Net Income $263.8M, EPS $7.10. Year 2023: Revenue $15.1B, Net Income $312.9M, EPS $8.38. Year 2024: Revenue $15.1B, Net Income $339.8M, EPS $9.10. Year 2025: Revenue $15.9B, Net Income $446.7M, EPS $11.91.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: CASEYS GENERAL STORES INC's revenue has grown significantly by 70% over the 5-year period, indicating strong business expansion. The most recent EPS of $11.91 reflects profitable operations.

CASY Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.0%
Free cash flow / Revenue

CASY Quarterly Performance

Quarterly financial performance data for CASEYS GENERAL STORES INC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $3.9B $87.1M $2.33
Q2 2026 $3.9B $180.2M $4.85
Q1 2026 $4.1B $180.2M $4.83
Q3 2025 $3.3B $86.9M $2.33
Q2 2025 $3.9B $158.8M $4.24
Q1 2025 $3.9B $169.2M $4.52
Q3 2024 $3.3B $86.9M $2.33
Q2 2024 $4.0B $137.6M $3.67

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CASY Capital Allocation

Operating Cash Flow
$979.0M
Cash generated from operations
Stock Buybacks
$137.3M
Shares repurchased (TTM)
Capital Expenditures
$464.8M
Investment in assets
Dividends Paid
$62.0M
Returned to shareholders

CASY SEC Filings

Access official SEC EDGAR filings for CASEYS GENERAL STORES INC (CIK: 0000726958)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 4 xslF345X06/wk-form4_1773952376.xml View →
Mar 16, 2026 4 xslF345X05/wk-form4_1773693858.xml View →
Mar 12, 2026 4 xslF345X05/wk-form4_1773352400.xml View →
Mar 9, 2026 8-K casy-20260309.htm View →
Mar 9, 2026 10-Q casy-20260131.htm View →

Frequently Asked Questions about CASY

What is the AI rating for CASY?

CASEYS GENERAL STORES INC (CASY) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CASY's key strengths?

Strong free cash flow generation of 514.2M with 4.0% FCF margin demonstrates operational efficiency. Healthy interest coverage of 9.7x and moderate debt-to-equity of 0.61x indicate manageable leverage and financial stability.

What are the risks of investing in CASY?

Anomalous revenue growth of 121,567.7% YoY is unexplained and suggests potential data quality issues, acquisition impact, or accounting restatement requiring clarification. Tight liquidity position with current ratio of 1.04x and quick ratio of 0.64x limits financial flexibility in adverse scenarios.

What is CASY's revenue and growth?

CASEYS GENERAL STORES INC reported revenue of $13.0B.

Does CASY pay dividends?

CASEYS GENERAL STORES INC pays dividends, with $62.0M distributed to shareholders in the trailing twelve months.

Where can I find CASY SEC filings?

Official SEC filings for CASEYS GENERAL STORES INC (CIK: 0000726958) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CASY's EPS?

CASEYS GENERAL STORES INC has a diluted EPS of $14.79.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2026-01-31 | Powered by Claude AI