Caseys General Stores Inc (CASY)
Gross profit margin
Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
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Gross profit (ttm) | US$ in thousands | 2,826,383 | 3,624,456 | 3,498,411 | 3,425,413 | 3,347,911 | 3,237,590 | 3,188,529 | 3,113,910 | 3,072,406 | 3,041,396 | 2,968,429 | 2,875,077 | 2,762,714 | 2,666,963 | 2,542,649 | 2,456,819 | 2,356,435 | 2,320,514 | 2,277,196 | 2,202,501 |
Revenue (ttm) | US$ in thousands | 15,940,900 | 15,548,160 | 14,973,780 | 15,091,410 | 14,862,920 | 14,591,600 | 14,594,910 | 14,509,090 | 15,094,480 | 15,224,720 | 14,940,880 | 14,225,240 | 12,952,590 | 11,871,890 | 10,831,200 | 9,784,160 | 8,707,190 | 8,141,830 | 8,382,000 | 8,653,690 |
Gross profit margin | 17.73% | 23.31% | 23.36% | 22.70% | 22.53% | 22.19% | 21.85% | 21.46% | 20.35% | 19.98% | 19.87% | 20.21% | 21.33% | 22.46% | 23.48% | 25.11% | 27.06% | 28.50% | 27.17% | 25.45% |
April 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,826,383K ÷ $15,940,900K
= 17.73%
The gross profit margin of Caseys General Stores Inc. exhibits notable fluctuations over the analyzed period from July 2020 to April 2025. Initially, the margin increased from 25.45% in July 2020 to reach a peak of 28.50% in January 2021, suggesting improved profitability relative to sales during that period. Following this peak, the margin experienced a downward trend, decreasing to 23.48% in October 2021 and continuing to decline through 2022, reaching a low of 19.87% in October 2022. This sustained decline indicates a reduction in gross profit relative to sales, potentially reflecting increased cost pressures, competitive challenges, or changes in product mix.
Starting from late 2022, the margin begins to stabilize and show signs of recovery, with modest increases observed through 2023. By October 2023, the gross profit margin is recorded at 21.85%, and it continues to improve into 2024, reaching 22.53% in April 2024 and further rising to 23.36% by October 2024. The upward trend suggests a potential turnaround in the company’s gross profitability, possibly due to better management of cost of goods sold or pricing strategies.
However, the margin experienced a significant decline again in the first quarter of 2025, dropping sharply to 17.73% in April 2025. This substantial decrease could point to intensified cost pressures, pricing competitors’ actions, or other factors affecting gross profit relative to sales at that time.
Overall, the gross profit margin displays periods of volatility and reflects the company's evolving ability to manage its direct costs relative to revenues, with periods of both expansion and contraction over the analyzed timetable.
Peer comparison
Apr 30, 2025