Casey's General Stores, Inc. (NASDAQ:CASY) is a well-known convenience store chain in the United States, competing with giants like 7-Eleven and Circle K. The company aims to maintain its market position through strong financial performance and strategic growth initiatives.
On September 8, 2025, Casey's reported an impressive earnings per share (EPS) of $5.77, surpassing the estimated $5.01. This represents a 19.5% increase compared to the same period last year. The company's net income also rose to $215.4 million, reflecting the same percentage growth. These figures highlight Casey's ability to enhance profitability and deliver value to its shareholders.
Casey's revenue for the first quarter reached approximately $4.57 billion, exceeding the estimated $4.47 billion. This strong revenue performance is supported by an EBITDA of $414.3 million, up 19.8% from the previous year. Despite these positive results, the stock remained flat, indicating that the earnings figures did not significantly impact investor sentiment, as highlighted by Benzinga.
The company's financial metrics provide further insight into its market valuation. Casey's has a price-to-earnings (P/E) ratio of approximately 35.43, reflecting the market's valuation of its earnings. The price-to-sales ratio stands at about 1.22, while the enterprise value to sales ratio is around 1.38. These ratios suggest how much investors are willing to pay per dollar of sales and the company's total valuation compared to its sales.
Casey's financial health is also evident in its debt-to-equity ratio of approximately 0.84, indicating a moderate level of leverage. The current ratio of around 0.92 shows the company's ability to cover short-term liabilities with short-term assets. Additionally, the enterprise value to operating cash flow ratio of approximately 20.19 provides insight into the company's cash flow generation relative to its valuation.