Caseys General Stores Inc (CASY)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 640,826 | 767,508 | 759,008 | 726,980 | 709,601 | 668,311 | 683,285 | 656,643 | 639,333 | 641,913 | 596,243 | 545,313 | 497,700 | 474,516 | 437,095 | 451,525 | 454,049 | 481,649 | 477,349 | 441,025 |
| Total assets | US$ in thousands | 8,208,120 | 8,220,180 | 7,725,570 | 6,496,420 | 6,347,430 | 6,207,010 | 6,227,460 | 6,062,350 | 5,943,270 | 5,840,620 | 5,790,460 | 5,679,140 | 5,505,730 | 5,401,940 | 5,252,110 | 5,075,970 | 4,460,310 | 4,396,990 | 4,323,670 | 4,098,990 |
| Operating ROA | 7.81% | 9.34% | 9.82% | 11.19% | 11.18% | 10.77% | 10.97% | 10.83% | 10.76% | 10.99% | 10.30% | 9.60% | 9.04% | 8.78% | 8.32% | 8.90% | 10.18% | 10.95% | 11.04% | 10.76% |
April 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $640,826K ÷ $8,208,120K
= 7.81%
The operating return on assets (ROA) for Caseys General Stores Inc. demonstrates a generally stable performance over the analyzed period from July 2020 through April 2025, with some fluctuations evident.
Between July 2020 and October 2020, the operating ROA increased slightly from 10.76% to 11.04%, indicating a marginal improvement in operational efficiency relative to the company's assets. This upward trend continued into January 2021, where the ratio reached 10.95%. However, a decline is observed thereafter, with a notable decrease to 10.18% by April 2021, potentially reflecting temporary operational challenges or increased asset base not immediately translating into proportional earnings.
A more pronounced decline occurred through 2021, with the operating ROA dropping to 8.90% in July 2021 and further down to 8.32% by October 2021, suggesting periods of diminished operational profitability relative to asset investments. The ratio then shows signs of recovery, rising slightly to 8.78% in January 2022 and to 9.04% in April 2022, before continuing an upward trajectory into 2022 and 2023, peaking at 10.99% in January 2023.
From early 2023 onward, the operating ROA sustains a generally positive trend, surpassing the 10% mark again, with values reaching 10.83% in July 2023 and peaking at 10.97% in October 2023. This suggests an improved ability to generate operating income from its assets in the recent period. Nonetheless, some decline is noticeable in late 2024 and early 2025, with the ratio decreasing to 9.82% in October 2024 and further to 9.34% in January 2025, culminating in a notable drop to 7.81% in April 2025.
Overall, the operating ROA exhibits cyclical patterns characterized by periods of recovery and decline, with recent figures indicating a downturn after reaching recent highs. These fluctuations may reflect changes in operational efficiency, asset management strategies, industry conditions, or macroeconomic factors influencing the company's profitability and asset utilization over the analyzed timeframe.
Peer comparison
Apr 30, 2025