Caseys General Stores Inc
NASDAQ:CASY

Watchlist Manager
Caseys General Stores Inc Logo
Caseys General Stores Inc
NASDAQ:CASY
Watchlist
Price: 384.535 USD -1.61%
Market Cap: 14.3B USD
Have any thoughts about
Caseys General Stores Inc?
Write Note

Gross Margin
Caseys General Stores Inc

23.4%
Current
22%
Average
32.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
23.4%
=
Gross Profit
3.5B
/
Revenue
15B

Gross Margin Across Competitors

No Stocks Found

Caseys General Stores Inc
Glance View

Economic Moat
None
Market Cap
14.3B USD
Industry
Retail

Casey's General Stores Inc., founded in 1959, has carved out a unique niche in the American landscape by combining the appeal of a convenience store with the reliability of a small-town grocery. Primarily situated in rural and small-town areas, Casey's operates over 2,000 convenience stores across 16 states, predominantly in the Midwest. This strategic positioning allows Casey's to cater to underserved communities, offering a wide variety of products ranging from fuel and groceries to freshly prepared food. It has become a local mainstay, capitalizing on the one-stop-shop offering that attracts both regulars and travelers alike. At the heart of Casey's profitability lies its diverse revenue streams. Most prominently, its fuel sales dominate the revenue pie, leveraging its extensive network of accessible locations to capture a steady flow of customers in need of gasoline. Yet, it's Casey’s famous in-store offerings, particularly its made-from-scratch pizza and other fresh food items, that set it apart and buoy its margins. By blending convenience with quality, Casey's effectively boosts its in-store sales, with food and grocery often being higher-margin categories. This combination of fuel sales and fresh, in-demand food options forms a dynamic business model that not only sustains but thrives by maintaining loyalty in rural heartlands and tapping into the convenience-driven market.

CASY Intrinsic Value
272.492 USD
Overvaluation 29%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
23.4%
=
Gross Profit
3.5B
/
Revenue
15B
What is the Gross Margin of Caseys General Stores Inc?

Based on Caseys General Stores Inc's most recent financial statements, the company has Gross Margin of 23.4%.

Back to Top