CASY FY 2022 Earnings Report — Casey's General Stores, Inc. Revenue & Financial Results | Market Cap Arena

Casey's General Stores, Inc.CASY

FY 2022 Earnings

Reported June 24, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$13.0B	—	$8.7B	—	48.8%
Op. Income	$498M	—	$454M	—	9.6%
Gross Margin	21.3%	—	27.1%	—	-5.7pp
Net Margin	2.6%	—	3.6%	—	-1.0pp
EPS (Diluted)	$9.10	—	$8.38	—	8.6%
Free Cash Flow	$462M	—	$363M	—	27.4%

Revenue Flow

Item	Amount
REVENUE	$13.0B
Cost of Revenue	$10.2B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.3B
Operating Expenses	$2.3B
Cost & Expenses	$12.5B
OPERATING INCOME	$498M
Interest Income	$48.0K
Interest Expense	$57M
Other Income/Expenses	-$57M
INCOME BEFORE TAX	$441M
Income Tax Expense	$101M
Net Income from Continuing Ops	$340M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$340M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$340M
D&A	$304M
EBIT	$498M
EBITDA	$801M
EPS	$9
EPS Diluted	$9

Income Statement

Item	Amount
REVENUE	$13.0B
Cost of Revenue	$10.2B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.3B
Operating Expenses	$2.3B
Cost & Expenses	$12.5B
OPERATING INCOME	$498M
Interest Income	$48.0K
Interest Expense	$57M
Other Income/Expenses	-$57M
INCOME BEFORE TAX	$441M
Income Tax Expense	$101M
Net Income from Continuing Ops	$340M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$340M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$340M
D&A	$304M
EBIT	$498M
EBITDA	$801M
EPS	$9
EPS Diluted	$9

Cash Flow Statement

Item	Amount
Net Income	$340M
Depreciation & Amortization	$304M
Stock-Based Compensation	$38M
Deferred Income Tax	$83M
Other Non-Cash Items	$23M
Change in Working Capital	$2M
OPERATING CASH FLOW	$789M
Capital Expenditure	-$326M
Acquisitions (Net)	-$902M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$70M
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	$261M
Common Stock Repurchased	-$18M
Common Dividends Paid	-$51M
Other Financing Activities	-$1M
NET CASH FROM FINANCING	$192M
FREE CASH FLOW	$462M
Net Change in Cash	-$178M

Balance Sheet

Item	Amount
Cash & Equivalents	$159M
Short-Term Investments	$0
Net Receivables	$152M
Inventory	$396M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$725M
PP&E (Net)	$4.1B
Goodwill	$613M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$115M
Other Non-Current Assets	-$33M
TOTAL NON-CURRENT ASSETS	$4.8B
TOTAL ASSETS	$5.5B
Account Payables	$589M
Short-Term Debt	$24M
Deferred Revenue	$42M
Other Current Liabilities	$6M
TOTAL CURRENT LIABILITIES	$905M
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$697M
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$3.3B
Common Stock	$79M
Additional Paid-In Capital	$0
Retained Earnings	$2.2B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.2B
Minority Interest	$0
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$5.5B
Total Debt	$1.7B
Net Debt	$1.5B