CASY FY 2021 Earnings Report — Casey's General Stores, Inc. Revenue & Financial Results | Market Cap Arena

Casey's General Stores, Inc.CASY

FY 2021 Earnings

Reported June 25, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$8.7B	—	$9.2B	—	-5.1%
Op. Income	$454M	—	$395M	—	14.8%
Gross Margin	27.1%	—	23.4%	—	3.7pp
Net Margin	3.6%	—	2.9%	—	0.7pp
EPS (Diluted)	$8.38	—	$7.10	—	18.0%
Free Cash Flow	$363M	—	$65M	—	455.3%

Revenue Flow

Item	Amount
REVENUE	$8.7B
Cost of Revenue	$6.4B
GROSS PROFIT	$2.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$1.9B
Operating Expenses	$1.9B
Cost & Expenses	$8.3B
OPERATING INCOME	$454M
Interest Income	$168.0K
Interest Expense	$47M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$407M
Income Tax Expense	$94M
Net Income from Continuing Ops	$313M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$313M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$313M
D&A	$265M
EBIT	$454M
EBITDA	$719M
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$8.7B
Cost of Revenue	$6.4B
GROSS PROFIT	$2.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$1.9B
Operating Expenses	$1.9B
Cost & Expenses	$8.3B
OPERATING INCOME	$454M
Interest Income	$168.0K
Interest Expense	$47M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$407M
Income Tax Expense	$94M
Net Income from Continuing Ops	$313M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$313M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$313M
D&A	$265M
EBIT	$454M
EBITDA	$719M
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$313M
Depreciation & Amortization	$265M
Stock-Based Compensation	$32M
Deferred Income Tax	$4M
Other Non-Cash Items	$11M
Change in Working Capital	$179M
OPERATING CASH FLOW	$804M
Capital Expenditure	-$441M
Acquisitions (Net)	-$9M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$444M
Net Debt Issuance	-$42M
Common Stock Repurchased	-$8M
Common Dividends Paid	-$48M
Other Financing Activities	-$4M
NET CASH FROM FINANCING	-$101M
FREE CASH FLOW	$363M
Net Change in Cash	$258M

Balance Sheet

Item	Amount
Cash & Equivalents	$337M
Short-Term Investments	$0
Net Receivables	$89M
Inventory	$287M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$724M
PP&E (Net)	$3.5B
Goodwill	$161M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$440M
Other Non-Current Assets	-$358M
TOTAL NON-CURRENT ASSETS	$3.7B
TOTAL ASSETS	$4.5B
Account Payables	$355M
Short-Term Debt	$2M
Deferred Revenue	$0
Other Current Liabilities	$186M
TOTAL CURRENT LIABILITIES	$613M
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$440M
Other Non-Current Liabilities	$114M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$2.5B
Common Stock	$59M
Additional Paid-In Capital	$0
Retained Earnings	$1.9B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$4.5B
Total Debt	$1.4B
Net Debt	$1.0B