Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Casey's

CASY stock analysis · Consumer Staples · Food Retail

FY 2026-04-30ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$794.79HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$29.4B

Price × SEC outstanding shares. Shares measured 2026-06-16. Approximate; share and price dates can differ.

View share-count filing ↗
Derived operating income

Derived consolidated operating income from the primary statement: total revenue less cost of goods sold (explicitly excluding depreciation/amortization), operating expenses, and separately reported depreciation/amortization. All reported operating costs are retained; only net interest is outside this equation. This is not EBITDA and does not omit acquisition operating costs. The unusual pretax tag is not used as a generic alias. Applies only to FY2025 and FY2026. Read the financial statement ↗

Valuation

DCF value

$296.19

Equity cash-flow scenario · SEC outstanding shares at 2026-06-16 · -62.7% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

30.5%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-42.5%

26 sector peers · median 23.7×

How this is calculated ↗
Valuation

Historical multiples

Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

2.5%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

14.1%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

23/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

8.9%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

-7.7%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

4.0%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 1.4B2021-04-30: cfo $804,088,000.002021-04-30: capex $441,252,000.0020212022-04-30: cfo $788,741,000.002022-04-30: capex $326,475,000.0020222023-04-30: cfo $881,951,000.002023-04-30: capex $476,568,000.0020232024-04-30: cfo $892,953,000.002024-04-30: capex $522,004,000.0020242025-04-30: cfo $1,090,854,000.002025-04-30: capex $506,224,000.0020252026-04-30: cfo $1,377,540,000.002026-04-30: capex $655,920,000.002026
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$371.50$405.35$441.73
10.0%$272.23$296.19$321.91
12.0%$214.77$233.05$252.64

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2026-04-3017.6B714.4M1.4B655.9M8.9B
2025-04-3015.9B546.5M1.1B506.2M8.2B
2024-04-3014.9B502M893M522M6.3B
2023-04-3015.1B446.7M882M476.6M5.9B
2022-04-3013B339.8M788.7M326.5M5.5B
2021-04-308.7B312.9M804.1M441.3M4.5B
2020-04-309.2B263.8M504.3M439M3.9B
2019-04-309.4B203.9M530.6M394.7M3.7B
2018-04-308.4B317.9M419.8M577.4M3.5B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue17.6BRevenues2026-06-22
netIncome714.4MNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-06-22
Parent/common earnings proxy714.4MNetIncomeLoss2026-06-22
cfo1.4BNetCashProvidedByUsedInOperatingActivities2026-06-22
capex655.9MPaymentsToAcquirePropertyPlantAndEquipment2026-06-22
operatingIncome1BReviewed manual correction
Derived consolidated operating income from the primary statement: total revenue less cost of goods sold (explicitly excluding depreciation/amortization), operating expenses, and separately reported depreciation/amortization. All reported operating costs are retained; only net interest is outside this equation. This is not EBITDA and does not omit acquisition operating costs. The unusual pretax tag is not used as a generic alias. Applies only to FY2025 and FY2026.
2026-06-22
assets8.9BAssets2026-06-22
equity4BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-06-22
Parent book equity proxy4BStockholdersEquity2026-06-22
debt2.4BLongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities2026-06-22
shortDebtNot reported under a supported tag
cash523MCashAndCashEquivalentsAtCarryingValue2026-06-22
shares37.3MWeightedAverageNumberOfDilutedSharesOutstanding2026-06-22
dividends83.1MPaymentsOfDividends2026-06-22
buybacks200.5MPaymentsForRepurchaseOfCommonStock2026-06-22
issuanceNot reported under a supported tag