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Side-by-side financial comparison of Blackstone Inc. (BX) 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 $3.3B, roughly 1.4× Blackstone Inc.). Blackstone Inc. runs the higher net margin — 36.7% vs 4.6%, a 32.2% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs -9.1%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 8.5%).

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe.

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...

BX vs CASY — Head-to-Head

Bigger by revenue
CASY
CASY
1.4× larger
CASY
$4.5B
$3.3B
BX
Growing faster (revenue YoY)
CASY
CASY
+23.2% gap
CASY
14.2%
-9.1%
BX
Higher net margin
BX
BX
32.2% more per $
BX
36.7%
4.6%
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
8.5%
BX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
BX
BX
CASY
CASY
Revenue
$3.3B
$4.5B
Net Profit
$1.2B
$206.3M
Gross Margin
Operating Margin
6.1%
Net Margin
36.7%
4.6%
Revenue YoY
-9.1%
14.2%
Net Profit YoY
-3.9%
14.0%
EPS (diluted)
$0.80
$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
BX
BX
CASY
CASY
Q1 26
$3.3B
Q4 25
$4.4B
$4.5B
Q3 25
$3.1B
$4.6B
Q2 25
$3.7B
$4.0B
Q1 25
$3.3B
$3.9B
Q4 24
$3.1B
$3.9B
Q3 24
$3.7B
$4.1B
Q2 24
$2.8B
$3.6B
Net Profit
BX
BX
CASY
CASY
Q1 26
$1.2B
Q4 25
$1.0B
$206.3M
Q3 25
$624.9M
$215.4M
Q2 25
$764.2M
$98.3M
Q1 25
$614.9M
$87.1M
Q4 24
$703.9M
$180.9M
Q3 24
$780.8M
$180.2M
Q2 24
$444.4M
$87.0M
Operating Margin
BX
BX
CASY
CASY
Q1 26
Q4 25
54.1%
6.1%
Q3 25
46.8%
6.1%
Q2 25
51.6%
Q1 25
44.2%
2.8%
Q4 24
50.6%
6.1%
Q3 24
49.4%
5.8%
Q2 24
43.2%
Net Margin
BX
BX
CASY
CASY
Q1 26
36.7%
Q4 25
23.3%
4.6%
Q3 25
20.2%
4.7%
Q2 25
20.6%
2.5%
Q1 25
18.7%
2.2%
Q4 24
22.8%
4.6%
Q3 24
21.3%
4.4%
Q2 24
15.9%
2.4%
EPS (diluted)
BX
BX
CASY
CASY
Q1 26
$0.80
Q4 25
$1.29
$5.53
Q3 25
$0.80
$5.77
Q2 25
$0.98
$2.63
Q1 25
$0.80
$2.33
Q4 24
$0.91
$4.85
Q3 24
$1.02
$4.83
Q2 24
$0.58
$2.34

Balance Sheet & Financial Strength

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

Metric
BX
BX
CASY
CASY
Cash + ST InvestmentsLiquidity on hand
$2.4B
$492.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$18.5B
$3.8B
Total Assets
$45.3B
$8.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BX
BX
CASY
CASY
Q1 26
$2.4B
Q4 25
$2.6B
$492.0M
Q3 25
$2.4B
$458.1M
Q2 25
$2.2B
$326.7M
Q1 25
$2.4B
$394.8M
Q4 24
$2.0B
$351.7M
Q3 24
$2.4B
$305.0M
Q2 24
$2.4B
$206.5M
Total Debt
BX
BX
CASY
CASY
Q1 26
Q4 25
$12.6B
Q3 25
$12.1B
Q2 25
$12.1B
$2.4B
Q1 25
$12.6B
Q4 24
$11.5B
Q3 24
$10.9B
Q2 24
$10.8B
$1.6B
Stockholders' Equity
BX
BX
CASY
CASY
Q1 26
$18.5B
Q4 25
$8.7B
$3.8B
Q3 25
$8.4B
$3.6B
Q2 25
$8.4B
$3.5B
Q1 25
$8.0B
$3.4B
Q4 24
$8.2B
$3.3B
Q3 24
$7.0B
$3.2B
Q2 24
$6.8B
$3.0B
Total Assets
BX
BX
CASY
CASY
Q1 26
$45.3B
Q4 25
$47.7B
$8.6B
Q3 25
$46.6B
$8.4B
Q2 25
$45.4B
$8.2B
Q1 25
$45.3B
$8.2B
Q4 24
$43.5B
$7.7B
Q3 24
$42.6B
$6.5B
Q2 24
$40.6B
$6.3B
Debt / Equity
BX
BX
CASY
CASY
Q1 26
Q4 25
1.45×
Q3 25
1.44×
Q2 25
1.45×
0.69×
Q1 25
1.58×
Q4 24
1.40×
Q3 24
1.55×
Q2 24
1.58×
0.52×

Cash Flow & Capital Efficiency

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

Metric
BX
BX
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
BX
BX
CASY
CASY
Q1 26
Q4 25
$1.1B
$347.1M
Q3 25
$1.6B
$372.4M
Q2 25
$888.5M
$333.9M
Q1 25
$1.1B
$204.9M
Q4 24
$161.4M
$270.7M
Q3 24
$1.2B
$281.4M
Q2 24
$1.2B
$288.4M
Free Cash Flow
BX
BX
CASY
CASY
Q1 26
Q4 25
$1.0B
$176.0M
Q3 25
$1.6B
$262.4M
Q2 25
$848.4M
$153.1M
Q1 25
$1.1B
$90.7M
Q4 24
$149.5M
$160.0M
Q3 24
$1.2B
$180.8M
Q2 24
$1.1B
$92.1M
FCF Margin
BX
BX
CASY
CASY
Q1 26
Q4 25
24.0%
3.9%
Q3 25
51.0%
5.7%
Q2 25
22.9%
3.8%
Q1 25
32.8%
2.3%
Q4 24
4.9%
4.1%
Q3 24
32.8%
4.4%
Q2 24
41.0%
2.6%
Capex Intensity
BX
BX
CASY
CASY
Q1 26
Q4 25
0.5%
3.8%
Q3 25
0.8%
2.4%
Q2 25
1.1%
4.5%
Q1 25
0.9%
2.9%
Q4 24
0.4%
2.8%
Q3 24
0.5%
2.5%
Q2 24
0.4%
5.5%
Cash Conversion
BX
BX
CASY
CASY
Q1 26
Q4 25
1.05×
1.68×
Q3 25
2.56×
1.73×
Q2 25
1.16×
3.40×
Q1 25
1.80×
2.35×
Q4 24
0.23×
1.50×
Q3 24
1.56×
1.56×
Q2 24
2.61×
3.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BX
BX

Management and Advisory Fees, Net$1.9B58%
Realized$562.0M17%
Other$368.1M11%
Unrealized$263.2M8%
Incentive Fees$191.8M6%

CASY
CASY

Segment breakdown not available.

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