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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and Camping World Holdings, Inc. (CWH). 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 $1.2B, roughly 3.8× Camping World Holdings, Inc.). CASEYS GENERAL STORES INC runs the higher net margin — 4.6% vs -9.3%, a 13.9% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs -2.6%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs -7.2%).

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...

Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in Lincolnshire, Illinois. In October 2016 it became a publicly traded company when it raised $251 million in an IPO. Camping World has 202 locations. In addition to its RV dealerships and accessories stores, the company sells goods through phone order and...

CASY vs CWH — Head-to-Head

Bigger by revenue
CASY
CASY
3.8× larger
CASY
$4.5B
$1.2B
CWH
Growing faster (revenue YoY)
CASY
CASY
+16.7% gap
CASY
14.2%
-2.6%
CWH
Higher net margin
CASY
CASY
13.9% more per $
CASY
4.6%
-9.3%
CWH
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
-7.2%
CWH

Income Statement — Q2 2026 vs Q4 2025

Metric
CASY
CASY
CWH
CWH
Revenue
$4.5B
$1.2B
Net Profit
$206.3M
$-109.1M
Gross Margin
28.8%
Operating Margin
6.1%
-4.3%
Net Margin
4.6%
-9.3%
Revenue YoY
14.2%
-2.6%
Net Profit YoY
14.0%
-83.3%
EPS (diluted)
$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
CASY
CASY
CWH
CWH
Q4 25
$4.5B
$1.2B
Q3 25
$4.6B
$1.8B
Q2 25
$4.0B
$2.0B
Q1 25
$3.9B
$1.4B
Q4 24
$3.9B
$1.2B
Q3 24
$4.1B
$1.7B
Q2 24
$3.6B
$1.8B
Q1 24
$3.3B
$1.4B
Net Profit
CASY
CASY
CWH
CWH
Q4 25
$206.3M
$-109.1M
Q3 25
$215.4M
$-40.4M
Q2 25
$98.3M
$30.2M
Q1 25
$87.1M
$-12.3M
Q4 24
$180.9M
$-59.5M
Q3 24
$180.2M
$5.5M
Q2 24
$87.0M
$9.8M
Q1 24
$86.9M
$-22.3M
Gross Margin
CASY
CASY
CWH
CWH
Q4 25
28.8%
Q3 25
28.6%
Q2 25
30.0%
Q1 25
30.4%
Q4 24
31.3%
Q3 24
28.9%
Q2 24
30.3%
Q1 24
29.5%
Operating Margin
CASY
CASY
CWH
CWH
Q4 25
6.1%
-4.3%
Q3 25
6.1%
4.4%
Q2 25
6.6%
Q1 25
2.8%
1.5%
Q4 24
6.1%
-1.3%
Q3 24
5.8%
3.7%
Q2 24
5.3%
Q1 24
3.4%
0.3%
Net Margin
CASY
CASY
CWH
CWH
Q4 25
4.6%
-9.3%
Q3 25
4.7%
-2.2%
Q2 25
2.5%
1.5%
Q1 25
2.2%
-0.9%
Q4 24
4.6%
-4.9%
Q3 24
4.4%
0.3%
Q2 24
2.4%
0.5%
Q1 24
2.6%
-1.6%
EPS (diluted)
CASY
CASY
CWH
CWH
Q4 25
$5.53
Q3 25
$5.77
Q2 25
$2.63
Q1 25
$2.33
Q4 24
$4.85
Q3 24
$4.83
Q2 24
$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
CASY
CASY
CWH
CWH
Cash + ST InvestmentsLiquidity on hand
$492.0M
$215.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$3.8B
$228.6M
Total Assets
$8.6B
$5.0B
Debt / EquityLower = less leverage
6.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
CWH
CWH
Q4 25
$492.0M
$215.0M
Q3 25
$458.1M
$230.5M
Q2 25
$326.7M
$118.1M
Q1 25
$394.8M
$20.9M
Q4 24
$351.7M
$208.4M
Q3 24
$305.0M
$28.4M
Q2 24
$206.5M
$23.7M
Q1 24
$177.9M
$29.7M
Total Debt
CASY
CASY
CWH
CWH
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$2.4B
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.6B
$1.5B
Q1 24
$1.6B
Stockholders' Equity
CASY
CASY
CWH
CWH
Q4 25
$3.8B
$228.6M
Q3 25
$3.6B
$296.2M
Q2 25
$3.5B
$340.5M
Q1 25
$3.4B
$310.5M
Q4 24
$3.3B
$326.6M
Q3 24
$3.2B
$151.6M
Q2 24
$3.0B
$149.7M
Q1 24
$2.9B
$142.8M
Total Assets
CASY
CASY
CWH
CWH
Q4 25
$8.6B
$5.0B
Q3 25
$8.4B
$5.0B
Q2 25
$8.2B
$5.2B
Q1 25
$8.2B
$5.1B
Q4 24
$7.7B
$4.9B
Q3 24
$6.5B
$4.7B
Q2 24
$6.3B
$5.0B
Q1 24
$6.2B
$5.1B
Debt / Equity
CASY
CASY
CWH
CWH
Q4 25
6.44×
Q3 25
5.00×
Q2 25
0.69×
4.42×
Q1 25
4.87×
Q4 24
4.64×
Q3 24
10.09×
Q2 24
0.52×
10.28×
Q1 24
11.00×

Cash Flow & Capital Efficiency

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

Metric
CASY
CASY
CWH
CWH
Operating Cash FlowLast quarter
$347.1M
$-227.2M
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
CASY
CASY
CWH
CWH
Q4 25
$347.1M
$-227.2M
Q3 25
$372.4M
$139.8M
Q2 25
$333.9M
$187.9M
Q1 25
$204.9M
$-232.5M
Q4 24
$270.7M
$-163.4M
Q3 24
$281.4M
$324.2M
Q2 24
$288.4M
$152.3M
Q1 24
$122.8M
$-68.0M
Free Cash Flow
CASY
CASY
CWH
CWH
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
CASY
CASY
CWH
CWH
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
CASY
CASY
CWH
CWH
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
CASY
CASY
CWH
CWH
Q4 25
1.68×
Q3 25
1.73×
Q2 25
3.40×
6.22×
Q1 25
2.35×
Q4 24
1.50×
Q3 24
1.56×
58.93×
Q2 24
3.31×
15.59×
Q1 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CASY
CASY

Segment breakdown not available.

CWH
CWH

New Vehicles$457.8M39%
Used Vehicles$386.5M33%
Products Service And Other$160.5M14%
Finance And Insurance Net$111.4M9%
Good Sam Services And Plans$48.0M4%
Good Sam Club$10.5M1%

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