CASY FY 2024 Earnings Report — Casey's General Stores, Inc. Revenue & Financial Results | Market Cap Arena

Casey's General Stores, Inc.CASY

FY 2024 Earnings

Reported June 24, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$14.9B	—	$15.1B	—	-1.5%
Op. Income	$710M	—	$639M	—	11.0%
Gross Margin	22.5%	—	20.4%	—	2.2pp
Net Margin	3.4%	—	3.0%	—	0.4pp
EPS (Diluted)	$13.43	—	$11.91	—	12.8%
Free Cash Flow	$371M	—	$405M	—	-8.5%

Revenue Flow

Item	Amount
REVENUE	$14.9B
Cost of Revenue	$11.5B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.6B
Operating Expenses	$2.6B
Cost & Expenses	$14.2B
OPERATING INCOME	$710M
Interest Income	$12M
Interest Expense	$65M
Other Income/Expenses	-$53M
INCOME BEFORE TAX	$656M
Income Tax Expense	$154M
Net Income from Continuing Ops	$502M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$502M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$502M
D&A	$350M
EBIT	$710M
EBITDA	$1.1B
EPS	$14
EPS Diluted	$13

Income Statement

Item	Amount
REVENUE	$14.9B
Cost of Revenue	$11.5B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.6B
Operating Expenses	$2.6B
Cost & Expenses	$14.2B
OPERATING INCOME	$710M
Interest Income	$12M
Interest Expense	$65M
Other Income/Expenses	-$53M
INCOME BEFORE TAX	$656M
Income Tax Expense	$154M
Net Income from Continuing Ops	$502M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$502M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$502M
D&A	$350M
EBIT	$710M
EBITDA	$1.1B
EPS	$14
EPS Diluted	$13

Cash Flow Statement

Item	Amount
Net Income	$502M
Depreciation & Amortization	$350M
Stock-Based Compensation	$41M
Deferred Income Tax	$53M
Other Non-Cash Items	$20M
Change in Working Capital	-$73M
OPERATING CASH FLOW	$893M
Capital Expenditure	-$522M
Acquisitions (Net)	-$330M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$27M
NET CASH FROM INVESTING	-$825M
Net Debt Issuance	-$54M
Common Stock Repurchased	-$105M
Common Dividends Paid	-$63M
Other Financing Activities	-$19M
NET CASH FROM FINANCING	-$240M
FREE CASH FLOW	$371M
Net Change in Cash	-$172M

Balance Sheet

Item	Amount
Cash & Equivalents	$206M
Short-Term Investments	$0
Net Receivables	$169M
Inventory	$429M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$830M
PP&E (Net)	$4.7B
Goodwill	$653M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$196M
TOTAL NON-CURRENT ASSETS	$5.5B
TOTAL ASSETS	$6.3B
Account Payables	$570M
Short-Term Debt	$53M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$953M
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$597M
Other Non-Current Liabilities	$199M
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$3.3B
Common Stock	$27M
Additional Paid-In Capital	$0
Retained Earnings	$3.0B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.0B
Minority Interest	$0
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$6.3B
Total Debt	$1.6B
Net Debt	$1.4B