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Caseys General Stores Inc. (CASY) Stock Fundamental Analysis & AI Rating 2026

CASY Nasdaq Retail-Auto Dealers & Gasoline Stations IA CIK: 0000726958
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2026-01-31
Combined AI Rating
BUY
73% Confidence
AGREEMENT
HOLD
62% Conf
BUY
84% Conf

📊 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
Caseys General Stores Inc. (CASY) receives a BUY rating with 73% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $13.0B, net profit margin of 4.2%, and return on equity (ROE) of 14.3%, Caseys General Stores Inc. demonstrates strong fundamentals in the Automotive sector. Below is our complete CASY stock analysis for 2026.

Is Caseys General Stores Inc. (CASY) a Good Investment?

Claude

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.

ChatGPT

CASEYS GENERAL STORES INC shows solid fundamental quality with healthy cash generation, disciplined leverage, and resilient profitability for a fuel and convenience retail business. Operating cash flow and free cash flow comfortably support reinvestment, while interest coverage and debt levels appear manageable. The main caveat is thin retail margin structure and some apparent revenue data distortion, which makes trend interpretation less clean.

Why Buy Caseys General Stores Inc. Stock? CASY Key Strengths

Claude
  • + 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%
ChatGPT
  • + Strong cash generation with $979.03M operating cash flow and $514.19M free cash flow
  • + Manageable balance sheet leverage with 0.61x debt-to-equity and 9.7x interest coverage
  • + Good profitability profile for the industry, including 16.5% gross margin, 5.6% operating margin, and 14.3% ROE

CASY Stock Risks: Caseys General Stores Inc. Investment Risks

Claude
  • ! 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
ChatGPT
  • ! Current ratio of 1.04x and quick ratio of 0.64x indicate limited liquidity cushion
  • ! Net margin of 4.2% leaves earnings sensitive to fuel, merchandise, labor, and operating cost pressure
  • ! Reported revenue growth of +121567.7% YoY suggests data comparability or quality issues that may distort growth analysis

Key Metrics to Watch

Claude
  • * Normalized revenue growth excluding any one-time items or acquisitions
  • * Working capital trends and cash conversion cycle given tight current ratio
  • * Fuel margin volatility and commodity price hedging effectiveness
ChatGPT
  • * Free cash flow and capital expenditure discipline
  • * Operating margin and same-store profitability trends

Caseys General Stores Inc. (CASY) Financial Metrics & Key Ratios

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 Profit Margin, ROE & Profitability Analysis

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

CASY vs Automotive Sector: How Caseys General Stores Inc. Compares

How Caseys General Stores Inc. compares to Automotive sector averages

Net Margin
CASY 4.2%
vs
Sector Avg 6.0%
CASY Sector
ROE
CASY 14.3%
vs
Sector Avg 12.0%
CASY Sector
Current Ratio
CASY 1.0x
vs
Sector Avg 1.2x
CASY Sector
Debt/Equity
CASY 0.6x
vs
Sector Avg 1.0x
CASY Sector

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

Is Caseys General Stores Inc. Stock Overvalued? CASY Valuation Analysis 2026

Based on fundamental analysis, Caseys General Stores Inc. has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
14.3%
Sector avg: 12%
Net Profit Margin
4.2%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.61x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Caseys General Stores Inc. Balance Sheet: CASY Debt, Cash & 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 Revenue & Earnings Growth: 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 Revenue Growth, EPS Growth & YoY Performance

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 Earnings & 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.

Caseys General Stores Inc. Dividends, Buybacks & 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: Latest 10-K & 10-Q Analysis

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 a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CASY's key strengths?

Claude: 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. ChatGPT: Strong cash generation with $979.03M operating cash flow and $514.19M free cash flow. Manageable balance sheet leverage with 0.61x debt-to-equity and 9.7x interest coverage.

What are the risks of investing in CASY?

Claude: 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. ChatGPT: Current ratio of 1.04x and quick ratio of 0.64x indicate limited liquidity cushion. Net margin of 4.2% leaves earnings sensitive to fuel, merchandise, labor, and operating cost pressure.

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?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CASY a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Caseys General Stores Inc. has a BUY rating with 73% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CASY stock overvalued or undervalued?

Valuation metrics for CASY: ROE of 14.3% (sector avg: 12%), net margin of 4.2% (sector avg: 6%). Higher ROE suggests strong returns relative to peers.

Should I buy CASY stock in 2026?

Our dual AI analysis gives Caseys General Stores Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CASY's free cash flow?

Caseys General Stores Inc.'s operating cash flow is $979.0M, with capital expenditures of $464.8M. FCF margin is 4.0%.

How does CASY compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 4.2% (avg: 6%), ROE 14.3% (avg: 12%), current ratio 1.04 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) 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