Caseys General Stores Inc (CASY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Operating profit margin | 4.02% | 4.94% | 5.07% | 4.82% | 4.77% | 4.58% | 4.68% | 4.53% | 4.24% | 4.22% | 3.99% | 3.83% | 3.84% | 4.00% | 4.04% | 4.61% | 5.21% | 5.92% | 5.69% | 5.10% |
| Pretax margin | 4.47% | 4.48% | 4.70% | 4.45% | 4.41% | 4.23% | 4.34% | 4.18% | 3.89% | 3.86% | 3.61% | 3.43% | 3.40% | 3.55% | 3.57% | 4.13% | 4.68% | 5.31% | 5.09% | 4.48% |
| Net profit margin | 3.43% | 3.44% | 3.57% | 3.40% | 3.38% | 3.23% | 3.32% | 3.19% | 2.96% | 2.96% | 2.77% | 2.63% | 2.62% | 2.71% | 2.74% | 3.18% | 3.59% | 4.09% | 3.92% | 3.45% |
The profitability analysis of Caseys General Stores Inc., based on the provided financial ratios from July 2020 through October 2025, reveals insights into the company's margin trends over this period.
Starting with the gross profit margin, the data indicate a general upward trajectory. In July 2020, the gross profit margin stood at 25.45%, increasing steadily to reach approximately 23.36% as of October 2024. Notably, after a brief decline in the earlier periods, the margin showed improvement in the latter years, surpassing the 21% mark by October 2024. The recent figures for 2025 suggest a slight decline at 17.73% in April 2025, which appears anomalous relative to prior upward trends, potentially indicative of margin compression or other operational challenges late in the period.
The operating profit margin exhibits more fluctuations but generally follows a modest upward trend. Initially recorded at 5.10% in July 2020, it experienced some variation before gradually ascending to values around 4.68% in October 2023. The margin showcases a pattern of slight recovery toward the end of the period, reaching 4.82% by October 2024. The marginal decline to 4.02% in April 2025 may reflect increased operating expenses or competitive pressures impacting operating efficiency.
Pre-tax margins mirror the pattern observed in operating margins, starting at 4.48% in July 2020, rising minimally over time, with some variability. The pre-tax margin posts a peak of approximately 4.70% in October 2024, before slightly decreasing to 4.47% in April 2025. This stability suggests that pre-tax profitability remains relatively consistent but sensitive to operational factors.
Net profit margins follow the trend of the margins above, indicating the company's bottom-line profitability. Beginning at 3.45% in July 2020, margins trend upward slightly over the period, reaching around 3.57% in October 2024, before declining marginally in early 2025 to approximately 3.43%. The incremental increases imply improvements in operational efficiency or effective cost management, although the slight decrease toward April 2025 may point to emerging pressures on profitability.
Overall, Caseys General Stores Inc. exhibits a trajectory of improving gross and operating profit margins over the analyzed period, with some recent volatility and intermittent declines. The consistent but modest increases in pre-tax and net profit margins suggest that the company has been able to sustain profitability amidst dynamic operational conditions. However, the recent decline in margins during 2025 highlights potential challenges such as rising costs, competitive headwinds, or shifts in revenue mix that may warrant strategic attention.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 6.66% | 6.51% | 6.93% | 7.90% | 7.91% | 7.59% | 7.78% | 7.64% | 7.52% | 7.71% | 7.15% | 6.58% | 6.17% | 5.96% | 5.64% | 6.14% | 7.02% | 7.58% | 7.60% | 7.29% |
| Return on total capital | 21.90% | 22.46% | 22.74% | 22.98% | 23.53% | 22.67% | 23.58% | 23.65% | 24.03% | 24.62% | 23.73% | 22.91% | 22.21% | 21.71% | 20.59% | 22.24% | 23.49% | 25.44% | 25.67% | 25.18% |
| Return on equity (ROE) | 15.58% | 15.66% | 16.03% | 16.22% | 16.65% | 15.98% | 16.71% | 16.68% | 16.79% | 17.28% | 16.49% | 15.70% | 15.16% | 14.72% | 13.96% | 15.34% | 16.19% | 17.60% | 17.67% | 17.05% |
The analysis of Caseys General Stores Inc.'s profitability ratios over the specified period indicates both stability and some variability in its financial performance.
Operating Return on Assets (Operating ROA):
The Operating ROA figures demonstrate a relatively consistent profitability derived from operating activities. Initially, the ratio ranges from approximately 8.32% in October 2021 to a high of 11.19% in July 2024. After a slight peak at 11.19%, there is a noticeable decline to 9.34% by January 2025. The overall trend suggests modest fluctuations but with a general upward trajectory from mid-2021 to mid-2024, indicating improved efficiency in generating operating income relative to asset base during this period. The decline in late 2024 and early 2025 may suggest operational challenges or increased asset base without proportional profitability.
Return on Assets (ROA):
The ROA shows a lower level of profitability compared to Operating ROA, reflecting the impact of non-operating factors such as financing costs or non-operating income. The ROA ranges from approximately 5.64% in October 2021 to 7.91% in April 2024. There is a gradual upward trend from mid-2021 through early 2024, which signals an improvement in overall asset efficiency and profitability. However, similar to Operating ROA, a decline is observed toward the end of the period, with the ratio decreasing to around 6.51% in January 2025, indicating a potential reduction in overall income generated from total assets.
Return on Total Capital:
This ratio remains relatively high and stable over time, hovering around 20% to 25%. It peaks at 25.67% in October 2020 and maintains above 20% throughout the period, reflecting effective deployment of both debt and equity capital. Slight declines toward early 2025 suggest a minor reduction in the overall return generated from all invested capital, possibly due to increased capital costs or reduced profitability.
Return on Equity (ROE):
ROE illustrates how efficiently the company utilizes shareholders’ equity to generate earnings. The ratio varies between approximately 13.96% in October 2021 to a high of 17.67% in October 2020. Although the ROE experienced some fluctuations, the general trend shows a decline over the period, with values settling around 15.58% by April 2025. The reduction indicates that shareholders’ earnings relative to equity have decreased, which could be attributable to slower profit growth or increased equity base.
Summary:
Overall, Caseys General Stores Inc. exhibits consistent profitability ratios with some upward momentum in early to mid-2024, particularly in Operating ROA and ROA. The stability in return on total capital and the moderate fluctuations in ROE suggest effective use of capital, though recent declines point to potential pressures on profitability or shifts in operational efficiency. The period reflects a company maintaining relatively steady profit-generating capacity, with minor variations that could result from market conditions, operational changes, or financial leverage adjustments.