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Caseys General Stores, Inc. (CASY)

POSITIVE
Consumer CyclicalSpecialty RetailUnited States

Fundamental

69

Kurs

$825.57

Marktkapitalisierung

$30.93B

Teil 1 · Was das Unternehmen wert ist

Übersicht

Casey's runs convenience stores across small towns in the American Midwest and South, selling fuel alongside made-in-store food like pizza and breakfast sandwiches and everyday grocery items. It has grown mainly by opening and acquiring stores in rural communities that larger chains often skip, and by building a prepared-food business that draws customers in for more than just a fill-up, which most gas stations do not attempt at the same scale.

Wie das Geld verdient wird

Fuel brings in the most revenue but earns a thin margin that swings with wholesale prices, so it mainly draws customers into the store. Prepared food, dispensed beverages and grocery items carry much higher margins and are what actually drives profitability, which is why Casey's keeps expanding its in-store food menu and pushing same-store sales in those categories rather than competing purely on prices at the fuel island alone every quarter.

Umsatz nach Segment

Retail Fuel61.4%

Gasoline and diesel sold at the pump, the largest revenue category but the thinnest margin.

Grocery and General Merchandise25.9%

Packaged food, beverages, tobacco, alcohol and everyday household items sold on the shelves inside the store.

Prepared Food and Dispensed Beverage10.1%

In-store pizza, sandwiches, bakery items and fountain drinks, the smallest category but the highest margin.

Other2.6%

Wholesale fuel distribution and other ancillary revenue, boosted by the recent acquisition of a wholesale fuel network.

Wettbewerbsvorteil

Skaleneffekte · Schmal

Casey's density of stores across small Midwestern towns, many with little direct competition, gives it purchasing power on fuel and food supplies and lets it defend local markets that are too small to attract a second national chain. That advantage is regional rather than universal: in larger towns and cities it competes with bigger convenience and grocery chains on more even terms.

Was die Nachfrage antreibt

Defensiv

Fuel and everyday food purchases are necessities that hold up reasonably well through economic downturns, since people still need to drive and eat regardless of the broader economy. The main swing factor is not the economic cycle but fuel margins, which move with wholesale gasoline prices and competitive pricing in each local market rather than with consumer demand itself.

Wichtigste Risiken

  • Fuel margin volatility — Retail fuel margins can swing with oversupply, volatile wholesale prices and price competition from other fuel marketers, and since fuel is the largest revenue category, this volatility affects overall results.
  • Rural labor availability — Finding and keeping store staff is tighter in small towns than in cities, and persistent wage pressure in a labor-constrained footprint is a long-term cost risk.
  • Commodity cost inflation — Higher costs for cheese, proteins and other prepared-food ingredients can squeeze margins in the highest-profit category if Casey's cannot pass the increases on to customers.
  • Local competition — Casey's must keep adapting its prices, service and store experience to competitors in each market, and failing to do so could pressure both fuel and merchandise sales.

Die Argumente dafür

Buyers argue that Casey's rural store density is hard for larger chains to replicate profitably, that its prepared-food business keeps growing same-store sales faster than fuel volumes alone would, and that disciplined acquisitions like the recent Fikes deal add scale without diluting the local-market advantage.

Die Argumente dagegen

Sellers worry that fuel still drives most of the top line and its margin is largely outside Casey's control, that rural wage inflation could erode the cost advantage that supports its small-town strategy, and that continued expansion through acquisitions raises integration risk with each new deal.

Written by the editors, published on 18. August 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Bilanz & Liquidität

Umsatz

$17.56B

Letzte 12 Monate (bis 30.4.2026)

Nettogewinn

$714M

Letzte 12 Monate (bis 30.4.2026)

Freier Cashflow

$722M

Gesamtes Eigenkapital

$3.95B

Gesamtverbindlichkeiten

$4.98B

Current Ratio

1.01

Zinsdeckungsgrad

-

Schulden/EBITDA

2.02

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wie schwer die Schulden wiegen

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

Fair bewertet

Innerer Wert

$810.61

Aktueller Kurs

$825.57

Sicherheitsmarge

-1.8%

Innerer-Wert-Spanne

$629.68 - $991.54

Bewertungsmethoden

Analyst Target:$957.39
DCF:$862.83
PE-based:$764.29
Graham Growth:$741.77
EPV:$274.61
Analystenkonsens:Starker Kauf (19B / 8H / 0S)
Letzte Gewinnüberraschung:+29.97%

Bewertungskennzahlen

P/E-Verhältnis

44.58

ROE

18.1%

P/B-Verhältnis

8.00

P/FCF

43.80

Bruttomarge

-

ROIC

-

Rentabilitäts-Radar

Value Creation (Economic Moat)

ROIC

-

WACC

7.5%

ROIC − WACC

-

Fundamentalanalyse-Kriterien

Bestanden (16)

  • EPS shows upward trend
  • EPS CAGR 15.39%
  • Price CAGR 21.54%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 18.7%
  • Revenue Growth 5Y 15.1%
  • Analyst Consensus 70% Buy
  • Earnings Surprise avg 15.5%
  • Earnings Quality (OCF/NI) 1.93
  • Share Dilution -0.1%
  • Net Margin Trend 4.1% vs 3.4%
  • Piotroski F-Score 8/9

Nicht bestanden (7)

  • P/FCF 43.80
  • P/B Ratio 8.00
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • PEG Ratio 2.46

Nicht verfügbar (5)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage

Piotroski F-Score

8/9

Starke finanzielle Gesundheit

score
criteria

Gewinnqualität

1.93

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

-0.1%

Aktienrückkäufe. Aktionärsfreundlich

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Darren M. RebelezPresident, CEO & Board Chair59
Mr. Stephen P. Bramlage Jr.Senior VP & CFO55
Ms. Ena Williams KoschelChief Operating Officer55
Mr. Chad Michael FrazellChief Human Resources Officer52
Mr. Thomas P. Brennan Jr.Senior VP & Chief Merchandising Officer50
Mr. Kory RossVice President of Accounting-
Mr. Sanjeev SatturuSenior VP & Chief Information Officer-
Mr. Brian Joseph JohnsonSenior Vice President of Investor Relations & Business Development49
Ms. Katrina S. LindseyChief Legal Officer53
Katie PetruDirector of Communications-

Prüfungsrisiko

5

Vorstandsrisiko

4

Vergütungsrisiko

3

Aktionärsrechterisiko

7

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

Latest News

Recent headlines for CASY, sourced from Markets Gazette.

  • 11d agoPOSITIVE
    Hunt for AI-proof trades turns convenience shops into hot stocks

    Casey's General Stores has seen its stock surge over 54% year-to-date, reflecting a strong investor appetite for businesses resilient to economic downturns and technological disruption, particularly in the AI era. The company's focus on essential consumer needs like fuel, food, and everyday staples provides a defensive moat. This performance highlights a strategic shift by investors towards companies with predictable, non-discretionary revenue streams, potentially signaling a broader trend in market allocation towards 'AI-proof' sectors.

  • 6/18/2026NEUTRAL
    Here's How Much You Would Have Made Owning Casey's General Stores Stock In The Last 10 Years

    An analysis of Casey's General Stores Inc. stock performance over the past decade reveals its trajectory for investors. While specific return figures are not detailed in this summary, the article prompts a review of its historical performance, suggesting potential for wealth creation or loss depending on the investment period. Investors considering Casey's should examine its long-term growth, market position, and strategic initiatives to understand its past returns and future potential.

  • 6/10/2026NEUTRAL
    Casey's General Stores Q4 2026 Earnings Call Transcript

    Casey's General Stores Inc. released its Q4 2026 Earnings Call Transcript on June 10, 2026. The transcript provides detailed insights into the company's financial performance, strategic initiatives, and outlook for the upcoming fiscal year. Investors can analyze management's commentary on sales trends, operational efficiencies, and market conditions. While the transcript itself is informational, its true value lies in the forward-looking statements and guidance that may influence future stock performance. A thorough review is recommended for shareholders and potential investors to gauge the company's trajectory.

  • 6/10/2026POSITIVE
    Caseys General Stores Upbeat Q4 Earnings, Joins Applied Optoelectronics, Clover Health Investments And Other Big Stocks Moving Higher On Wednesday

    Casey's General Stores Inc. (CASY) experienced a significant surge of 14.4% in its share price following the release of its Q4 earnings report, which surpassed analyst expectations. This positive performance places Casey's among other notable stocks like Applied Optoelectronics and Clover Health Investments that also saw upward movement. Despite a broader market downturn with the Dow Jones falling 150 points, Casey's strong earnings indicate robust operational performance and potential for continued growth, making it an attractive prospect for investors seeking individual stock opportunities amidst market volatility.

  • 5/20/2026POSITIVE
    Here's How Much $100 Invested In Casey's General Stores 15 Years Ago Would Be Worth Today

    An investment of $100 in Casey's General Stores 15 years ago would have grown to approximately $1,080 today, representing a significant return on investment. This performance highlights the company's sustained growth and operational efficiency over the past decade and a half. Investors who held Casey's stock have benefited from its expansion in convenience store offerings and fuel sales, demonstrating a strong track record of value creation. The substantial appreciation suggests robust business fundamentals and effective management strategies that have consistently outperformed market averages.

  • 3/10/2026POSITIVE
    Casey's General Stores Q3 Results Show 'Momentum Across The Board': Analyst

    Casey's General Stores Inc. (CASY) has reported robust third-quarter financial results, accompanied by an upward revision of its EBITDA growth forecast. This positive performance has led Stephens to initiate coverage with an 'Overweight' rating. The company's ability to exceed expectations and enhance its future outlook suggests strong operational execution and favorable market conditions. Investors should note that this analyst upgrade, coupled with the raised EBITDA guidance, signals potential for sustained share price appreciation.

  • 3/4/2026POSITIVE
    $1000 Invested In Casey's General Stores 5 Years Ago Would Be Worth This Much Today

    An investment of $1000 in Casey's General Stores Inc. five years ago would be worth approximately $3000 today, a 200% return significantly outperforming the stock market during the same period. This performance highlights the company's robust growth and ability to generate shareholder value, driven by effective strategies in the convenience store and prepared food sectors. For investors, the stock demonstrates significant appreciation potential, supported by a resilient business model and consistent expansion.

via Markets Gazette