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

Casey's General Stores, Inc. (CASY) is a Consumer Discretionary stock trading at $828.70 (as of 2026-08-20), with a market capitalization of $30.67B and a trailing P/E of 48.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. Its stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverages; tobacco and nicotine products; health and beauty aids; automotive products; and other nonfood items. The company's stores also provide motor fuel for sale on a self-service basis; and gasoline and diesel fuel. In addition, its stores offer various products, include soft drinks, energy, water, sports drinks, juices, coffee, and tea and dairy products; beer, wine, and spirits; snacks, candy, packaged bakery, and other food items; ice, ice cream, meals, and appetizers; health and beauty aids, electronic accessories, housewares, and pet supplies; and lotto/lottery and prepaid cards. Further, the company operates two stores that sells tobacco and nicotine products; one liquor store; and one grocery store. As of April 30, 2022, it operated 2,452 convenience stores. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.

Understand Casey's General Stores, Inc.: how it makes money

Casey's operates convenience stores (Casey's and Casey's General Store) that sell freshly prepared foods, beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other nonfood items, and also sell self-service motor fuel (gasoline and diesel).

The store-level profit model is built on selling high-traffic convenience categories inside the store (food, beverages, tobacco, and other essentials) alongside self-service gasoline and diesel fuel sold at the same location.

Business quality (Weak): Clear business description, but the provided data does not include a complete official segment breakdown that sums to the total revenue figure.

Valuation: At 41× earnings, CASY trades 114% above the Retail average (19×). Note: one-time items can distort reported P/E.

Bull case

  • Convenience assortment spans prepared food, beverages, and general merchandise: Casey's store offering includes freshly prepared foods like pizza, donuts, and sandwiches, plus beverages and a range of nonfood items, which can support inside sales across multiple categories.
  • Adds fuel sales through gasoline and diesel at self-service pumps: The stores also provide motor fuel, which extends the value proposition beyond inside retail items.

Bear case

  • Results can be sensitive to consumer demand at convenience stores: Because sales depend on in-store purchases (food, beverages, tobacco and nicotine, and other nonfood items), weakening consumer spending can pressure inside sales.
  • Fuel operations can be exposed to competitive and pricing conditions: Self-service gasoline and diesel sales add another driver of performance that can be affected by fuel pricing and market competition.
Valuation — source: SEC EDGAR (first-party)
Price$828.70
Market Cap$30.67B
P/E Ratio48.0
EV / EBITDA18.2
Price / Book7.76
Price / Sales1.82
FCF Yield5.4%
DCF Value (model)$329.32
DCF Upside vs Price-60.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$17.56B
Net Margin4.1%
Revenue Growth (YoY)10.2%
EPS Growth (YoY)31.0%
FCF Growth (YoY)23.4%
Valuation vs Sector & Industry
Stock P/E48.0
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Retail)19.5
vs Sector134.4%
vs Industry145.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($3.09B)
Institutional Holders Tracked10
Congressional Trades (recent)6
Company
SectorConsumer Discretionary
IndustryRetail
CEODarren Rebelez
Employees20,935
CountryUS
IPO Date1983-10-20

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CASY earnings history · CASY institutional & insider holders · CASY KPIs & operating metrics · CASY financials · CASY investor presentations & press releases · CASY SEC filings · CASY peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.