# Casey's General Stores, Inc. (CASY)

> Source: Nexqual · https://nexqual.com/CASY · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Casey's General Stores, Inc. (CASY), nexqual.com/CASY" · informational, not investment advice.

**Price:** USD 673.63 (+3.06% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 653.61 · day 668.21–682.02 · 52w 497.38–927.85 · market cap $24.9B · NMS

## Key facts
- Last four reported quarters (through Jul 31, 2026): revenue $18.7B, net income $773M (4.1% margin), free cash flow $649M (SEC filings).
- Valuation: P/E 32.2x (avg 32.8x at the last 3 fiscal year-ends), net debt $1.91B.
- 3 of 80 tracked superinvestors hold CASY (13F, Q2 2026): 0 new, 1 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (20 analysts), mean target USD 788.68 (range 687–933).
- Total return with dividends: 1Y +20.4% vs S&P 500 +18.1%; 5Y +269.6% vs S&P 500 +85.1%.
- Next earnings: 2026-12-08, EPS estimate USD 5.82, revenue estimate $5.52B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $13.0B | $15.1B | $14.9B | $15.9B | $17.6B | $18.7B |
| Net income | $340M | $447M | $502M | $547M | $714M | $773M |
| EPS (diluted) | $9.10 | $11.91 | $13.43 | $14.64 | $19.16 | — |
| Free cash flow | $462M | $405M | $371M | $585M | $722M | $649M |
| Net margin | 2.6% | 3.0% | 3.4% | 3.4% | 4.1% | 4.1% |
| Revenue growth | +48.8% | +16.5% | -1.5% | +7.3% | +10.2% | — |
| Cash + short-term investments | $159M | $379M | $206M | $327M | $523M | — |
| Total debt | $1.69B | $1.67B | $1.64B | $2.51B | $2.43B | — |
Fiscal years end Apr. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 31, 2026)
P/E 32.2x · P/S 1.3x · EV/Sales 1.4x · P/FCF 38.4x · P/B 6.1x · FCF yield 2.61% · Earnings yield 3.10% · Dividend yield (paid, TTM) 0.34% · Buyback yield (TTM) 0.86% · Net debt $1.91B · EV $26.8B
P/E at fiscal year-ends: Apr 2026 42.9x, Apr 2025 31.6x, Apr 2024 23.8x.

## Superinvestors (SEC 13F-HR, Q2 2026)
3 of 80 tracked investors hold CASY. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Torray Funds |  | 1.80% | $13.3M | Reduced -2.0% |
| Mairs & Power | Mairs & Power Funds | 0.66% | $72.4M | Reduced -5.0% |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $954K | Added +50.0% |

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 20 analysts; mean target USD 788.68 (low 687, high 933).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | RBC Capital | Upgrade | Sector Perform → Outperform | $910 → $825 |
| 2026-09-11 | Evercore ISI Group | Target lowered | Outperform | $880 → $775 |
| 2026-09-10 | Raymond James | Upgrade | Market Perform → Outperform | $750 |
| 2026-09-10 | UBS | Target lowered | Neutral | $925 → $720 |
| 2026-09-10 | Keybanc | Target lowered | Overweight | $970 → $780 |
| 2026-09-09 | Wells Fargo | Target lowered | Overweight | $960 → $750 |
| 2026-09-09 | RBC Capital | Target lowered | Sector Perform | $913 → $910 |
| 2026-09-09 | Stephens & Co. | Reiterated | Overweight | $975 |
| 2026-09-03 | JP Morgan | Target lowered | Neutral | $975 → $833 |
| 2026-08-27 | UBS | Target lowered | Neutral | $945 → $925 |
| 2026-06-29 | BMO Capital | Upgrade | Market Perform → Outperform | $950 |
| 2026-06-25 | BNP Paribas | Target lowered | Outperform | $1032 → $995 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +20.4% | +269.6% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +20.5% | +29.8% |
| Volatility (annualized) | 37.3% | 28.3% |
| Max drawdown | -36.1% (Jun 2026→Sep 2026) | -33.2% (Jun 2026→Sep 2026) |

## Peers (Specialty Retail)
ULTA (Ulta Beauty, Inc.) USD 609.24 +5.22% · WSM (Williams-Sonoma, Inc.) USD 252.03 +5.02% · BBY (Best Buy Co., Inc.) USD 94.17 +7.06% · TSCO (Tractor Supply Company) USD 33.37 -0.98% · GME (GameStop Corporation) USD 28.02 +2.94% · DKS (Dick's Sporting Goods Inc) USD 140.84 +2.39%

## More
Full page: https://nexqual.com/CASY · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt