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Side-by-side financial comparison of ALCON INC (ALC) and CASEYS GENERAL STORES INC (CASY). Click either name above to swap in a different company.

CASEYS GENERAL STORES INC is the larger business by last-quarter revenue ($4.5B vs $2.6B, roughly 1.7× ALCON INC). ALCON INC runs the higher net margin — 6.8% vs 4.6%, a 2.2% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 4.0%).

Alcon Inc. is a Swiss-American pharmaceutical and medical device company specializing in eye care products. Alcon is incorporated in the Canton of Fribourg, Switzerland, and its global headquarters are located in Geneva, but its main operational base is in Fort Worth, Texas, United States, where it employs about 4,500 people.

Casey's Retail Company is a chain of convenience stores in the Midwestern and Southern United States. The company is headquartered in Ankeny, Iowa, a suburb of Des Moines. As of October 1, 2023, Casey's had 2,500 stores in 16 states. Following 7-Eleven's purchase of Speedway, Casey's is the third-largest convenience store chain in the United States and the largest that is wholly American-owned. It is one of two Iowa-based Fortune 500 companies. Casey's is famous for their pizza, including a b...

ALC vs CASY — Head-to-Head

Bigger by revenue
CASY
CASY
1.7× larger
CASY
$4.5B
$2.6B
ALC
Growing faster (revenue YoY)
CASY
CASY
+10.2% gap
CASY
14.2%
4.0%
ALC
Higher net margin
ALC
ALC
2.2% more per $
ALC
6.8%
4.6%
CASY

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
ALC
ALC
CASY
CASY
Revenue
$2.6B
$4.5B
Net Profit
$176.0M
$206.3M
Gross Margin
53.5%
Operating Margin
9.5%
6.1%
Net Margin
6.8%
4.6%
Revenue YoY
4.0%
14.2%
Net Profit YoY
-21.1%
14.0%
EPS (diluted)
$0.35
$5.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALC
ALC
CASY
CASY
Q4 25
$4.5B
Q3 25
$4.6B
Q2 25
$2.6B
$4.0B
Q1 25
$3.9B
Q4 24
$3.9B
Q3 24
$4.1B
Q2 24
$2.5B
$3.6B
Q1 24
$3.3B
Net Profit
ALC
ALC
CASY
CASY
Q4 25
$206.3M
Q3 25
$215.4M
Q2 25
$176.0M
$98.3M
Q1 25
$87.1M
Q4 24
$180.9M
Q3 24
$180.2M
Q2 24
$223.0M
$87.0M
Q1 24
$86.9M
Gross Margin
ALC
ALC
CASY
CASY
Q4 25
Q3 25
Q2 25
53.5%
Q1 25
Q4 24
Q3 24
Q2 24
55.0%
Q1 24
Operating Margin
ALC
ALC
CASY
CASY
Q4 25
6.1%
Q3 25
6.1%
Q2 25
9.5%
Q1 25
2.8%
Q4 24
6.1%
Q3 24
5.8%
Q2 24
12.7%
Q1 24
3.4%
Net Margin
ALC
ALC
CASY
CASY
Q4 25
4.6%
Q3 25
4.7%
Q2 25
6.8%
2.5%
Q1 25
2.2%
Q4 24
4.6%
Q3 24
4.4%
Q2 24
8.9%
2.4%
Q1 24
2.6%
EPS (diluted)
ALC
ALC
CASY
CASY
Q4 25
$5.53
Q3 25
$5.77
Q2 25
$0.35
$2.63
Q1 25
$2.33
Q4 24
$4.85
Q3 24
$4.83
Q2 24
$0.45
$2.34
Q1 24
$2.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALC
ALC
CASY
CASY
Cash + ST InvestmentsLiquidity on hand
$1.4B
$492.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$22.1B
$3.8B
Total Assets
$31.4B
$8.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALC
ALC
CASY
CASY
Q4 25
$492.0M
Q3 25
$458.1M
Q2 25
$1.4B
$326.7M
Q1 25
$394.8M
Q4 24
$351.7M
Q3 24
$305.0M
Q2 24
$1.4B
$206.5M
Q1 24
$177.9M
Total Debt
ALC
ALC
CASY
CASY
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Q1 24
Stockholders' Equity
ALC
ALC
CASY
CASY
Q4 25
$3.8B
Q3 25
$3.6B
Q2 25
$22.1B
$3.5B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$20.9B
$3.0B
Q1 24
$2.9B
Total Assets
ALC
ALC
CASY
CASY
Q4 25
$8.6B
Q3 25
$8.4B
Q2 25
$31.4B
$8.2B
Q1 25
$8.2B
Q4 24
$7.7B
Q3 24
$6.5B
Q2 24
$29.7B
$6.3B
Q1 24
$6.2B
Debt / Equity
ALC
ALC
CASY
CASY
Q4 25
Q3 25
Q2 25
0.69×
Q1 25
Q4 24
Q3 24
Q2 24
0.52×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALC
ALC
CASY
CASY
Operating Cash FlowLast quarter
$347.1M
Free Cash FlowOCF − Capex
$176.0M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.68×
TTM Free Cash FlowTrailing 4 quarters
$682.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALC
ALC
CASY
CASY
Q4 25
$347.1M
Q3 25
$372.4M
Q2 25
$333.9M
Q1 25
$204.9M
Q4 24
$270.7M
Q3 24
$281.4M
Q2 24
$288.4M
Q1 24
$122.8M
Free Cash Flow
ALC
ALC
CASY
CASY
Q4 25
$176.0M
Q3 25
$262.4M
Q2 25
$153.1M
Q1 25
$90.7M
Q4 24
$160.0M
Q3 24
$180.8M
Q2 24
$92.1M
Q1 24
$-27.0M
FCF Margin
ALC
ALC
CASY
CASY
Q4 25
3.9%
Q3 25
5.7%
Q2 25
3.8%
Q1 25
2.3%
Q4 24
4.1%
Q3 24
4.4%
Q2 24
2.6%
Q1 24
-0.8%
Capex Intensity
ALC
ALC
CASY
CASY
Q4 25
3.8%
Q3 25
2.4%
Q2 25
4.5%
Q1 25
2.9%
Q4 24
2.8%
Q3 24
2.5%
Q2 24
5.5%
Q1 24
4.5%
Cash Conversion
ALC
ALC
CASY
CASY
Q4 25
1.68×
Q3 25
1.73×
Q2 25
3.40×
Q1 25
2.35×
Q4 24
1.50×
Q3 24
1.56×
Q2 24
3.31×
Q1 24
1.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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