CASY
Casey's General Stores, Inc.
CASY has a slight edge over F overall, supported by stronger fundamentals and stronger modeled upside.
F
Ford Motor Company
F offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CASY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Stable |
CASY's revenue and profitability are currently healthy, and its cash flow and balance sheet are stable.
F Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
F's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
CASY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $442 | -38% |
| Fair | 24x | $506 | -28% |
| Forward | 32x | $707 | — |
| Expensive | 34x | $707 | 0% |
| Current | 34x | $707 | — |
Historical ranges are pointers, not guarantees.
CASY's PE is in its expensive range at 34x. If earnings grow as analysts expect, today's price would be 32x next year's earnings.
F PE Valuation
F has no meaningful PE right now: it lost money over the past year.
CASY Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for CASY, with profitability holding steady.
F Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect F's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
CASY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $22.23 | +7.1% |
| Q3 2026 | $20.76 | +33% |
| Q2 2026 | $19.16 | +31% |
| Q1 2026 | $17.42 | +21% |
| Q4 2025 | $16.26 | +13% |
| Q3 2025 | $15.58 | +13% |
| Q2 2025 | $14.64 | +9% |
| Q1 2025 | $14.35 | +14% |
| Q4 2024 | $14.35 | +11% |
CASY has the edge over F on earnings quality, reporting a profit while its opponent remains loss making.
F Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$1.97 | -270% |
| Q2 2026 | -$1.87 | -340% |
| Q1 2026 | -$1.55 | -224% |
| Q4 2025 | -$2.06 | -241% |
| Q3 2025 | $1.16 | +32% |
| Q2 2025 | $0.78 | -19% |
| Q1 2025 | $1.25 | +29% |
| Q4 2024 | $1.46 | +35% |
F has swung to a loss: it lost $1.97 per share over the past year, after a profit the year before.
CASY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.7B | +24% |
| Q2 2026 | $4.6B | +15% |
| Q1 2026 | $3.9B | +0.3% |
| Q4 2025 | $4.5B | +14% |
| Q3 2025 | $4.6B | +11% |
| Q2 2025 | $4B | +11% |
| Q1 2025 | $3.9B | +17% |
| Q4 2024 | $3.9B | -2.9% |
CASY has the edge over F on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.1% | 0 points |
| Q1 2026 | 4.4% | +1.6 points |
| Q4 2025 | 6.1% | 0 points |
| Q3 2025 | 6.1% | +0.3 points |
| Q1 2025 | 2.8% | -0.7 points |
| Q4 2024 | 6.1% | +1 points |
| Q3 2024 | 5.8% | +0.1 points |
| Q1 2024 | 3.4% | -0.5 points |
CASY has the edge over F on profitability, with a higher operating margin.
F Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.5B | -2% |
| Q2 2026 | $48.3B | -3.8% |
| Q1 2026 | $43.3B | +6.4% |
| Q4 2025 | $45.9B | -4.8% |
| Q3 2025 | $50.5B | +9.4% |
| Q2 2025 | $50.2B | +5% |
| Q1 2025 | $40.7B | -5% |
| Q4 2024 | $48.2B | +4.9% |
F's revenue grew through 2023 and has held roughly level since: $49.5B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.9% | -0.1 points |
| Q2 2026 | 1.3% | +0.3 points |
| Q1 2026 | 5.4% | +4.6 points |
| Q4 2025 | -25% | -28 points |
| Q3 2025 | 3.1% | +1.2 points |
| Q2 2025 | 1% | -2.9 points |
| Q1 2025 | 0.8% | -2.1 points |
| Q4 2024 | 2.5% | +3.1 points |
F's operating margin was 2.9% last quarter, about level with the same quarter a year ago.
CASY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $189.7M | -28% |
| Q2 2026 | $207.4M | +35% |
| Q1 2026 | $75.8M | -16% |
| Q4 2025 | $176M | +10% |
| Q3 2025 | $262.4M | +45% |
| Q2 2025 | $153.1M | +66% |
| Q1 2025 | $90.7M | +$117.6M |
| Q4 2024 | $160M | +9.9% |
CASY has the edge over F on cash flow, with more consistent year-over-year improvement.
F Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.1B | -40% |
| Q2 2026 | $2B | -54% |
| Q1 2026 | -$1.1B | -157% |
| Q4 2025 | $1.1B | +108% |
| Q3 2025 | $5.3B | +50% |
| Q2 2025 | $4.2B | +24% |
| Q1 2025 | $1.9B | +$2.6B |
| Q4 2024 | $530M | +169% |
F still generates free cash flow, though less than at its 2020 peak: $5.1B over the past year.
CASY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -139K shares |
| 1 year | -0.6% | -210K shares |
| 3 years | -0.8% | -314K shares |
| 5 years | -0.5% | -193K shares |
| Available history | 0% | +6.1K shares |
CASY has the edge over F on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $44.9M |
| Q2 2026 | $63.2M |
| Q1 2026 | $74.8M |
| Q4 2025 | $31.3M |
| Q3 2025 | $31.3M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $734,000 |
CASY spent $214M buying back its own shares over the past year, about seven times what it spent the year before.
F Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +89M shares |
| 1 year | +0.7% | +28M shares |
| 3 years | +0.6% | +26M shares |
| 5 years | +1% | +40M shares |
| Available history | +1.8% | +72M shares |
F has 4.1B diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $311M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $150M |
F spent $311M buying back its own shares over the past year, up 107% from the year before.
CASY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2020 | 2.3x | Moderate |
| Q4 2019 | 2.3x | Moderate |
CASY's net debt is about 2.3 years of its operating earnings (EBITDA).
F Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
F has more cash than debt.
CASY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.6 | Neutral |
| Stochastic | 37.7 | Neutral |
CASY's weekly RSI is 49 (neutral) and its Stochastic is 38 (neutral).
F Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 19.6 | Oversold |
F's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
CASY PE vs Consumer Cyclical Sector
| Metric | CASY | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 18x | 89% above |
| PE % | 83 | 47 | 36 pts above |
CASY is trading at 34x earnings, a 89% premium to the Consumer Cyclical sector's median of 18x.
F PE vs Consumer Cyclical Sector
| Metric | F | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
F has no meaningful PE right now: it lost money over the past year.
CASY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $665.7 | 6.2% above |
| 20 week MA | $738.8 | 4.3% below |
| 50 week MA | $717.3 | 1.5% below |
| 100 week MA | $596.8 | 18% above |
| 200 week MA | $446.9 | 58% above |
CASY has the edge over F on trend strength, trading above more of its moving averages.
F Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.2 | 2.5% below |
| 20 week MA | $13.3 | 11% below |
| 50 week MA | $13.4 | 11% below |
| 100 week MA | $12.1 | 2% below |
| 200 week MA | $12.1 | 1.4% below |
F is in a downtrend: it's below all five of its weekly moving averages, and 1.4% below its 200-week average.
CASY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $157.4 | $177.7 | +13% |
| 2021 | $177.7 | $194.6 | +9.5% |
| 2022 | $194.6 | $235.3 | +21% |
| 2023 | $235.3 | $274.7 | +17% |
| 2024 | $274.7 | $404.0 | +47% |
| 2025 | $404.0 | $568.8 | +41% |
| 2026 YTD | $568.8 | $706.6 | +24% |
CASY has the edge over F on returns for 2026, with the stronger performance.
F Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.36 | $8.86 | -5.3% |
| 2021 | $8.86 | $20.3 | +129% |
| 2022 | $20.3 | $11.4 | -44% |
| 2023 | $11.4 | $12.2 | +7.3% |
| 2024 | $12.2 | $10.0 | -18% |
| 2025 | $10.0 | $13.3 | +33% |
| 2026 YTD | $13.3 | $11.9 | -11% |
F's yearly returns have swung widely, from +129% in 2021 to −44% in 2022. It's down 11% so far in 2026.