Caseys General Stores Inc (CASY)
Return on equity (ROE)
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 546,520 | 501,972 | 446,691 | 339,790 | 312,900 |
| Total stockholders’ equity | US$ in thousands | 3,508,670 | 3,015,380 | 2,660,670 | 2,240,840 | 1,932,680 |
| ROE | 15.58% | 16.65% | 16.79% | 15.16% | 16.19% |
April 30, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $546,520K ÷ $3,508,670K
= 15.58%
The Return on Equity (ROE) for Caseys General Stores Inc. exhibits a pattern of fluctuation over the period from April 2021 to April 2025. Specifically, the ROE was 16.19% as of April 30, 2021, indicating a relatively strong level of profitability generated on shareholders' equity. This figure declined to 15.16% by April 30, 2022, reflecting a decrease in efficiency or profitability attributable to the company's equity base during that year.
Subsequently, the ROE experienced an increase, reaching 16.79% as of April 30, 2023. This upward movement suggests an improvement in the company's ability to generate earnings from its equity, possibly driven by operational efficiencies or improved profit margins. However, the ROE slightly declined again to 16.65% as of April 30, 2024, indicating a marginal reduction in profitability efficiency relative to the prior year.
Finally, by April 30, 2025, the ROE decreased further to 15.58%. Despite this dip, the ROE remained relatively close to the historical levels observed at the start of this period, remaining within a consistent range of approximately 15% to 17%. This consistency suggests that while there are incremental fluctuations, the company's overall profitability relative to shareholder equity has been stable over the period analyzed.
Peer comparison
Apr 30, 2025