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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and FirstEnergy (FE). 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 $3.8B, roughly 1.2× FirstEnergy). CASEYS GENERAL STORES INC runs the higher net margin — 4.6% vs -1.3%, a 5.9% gap on every dollar of revenue. On growth, FirstEnergy posted the faster year-over-year revenue change (19.6% vs 14.2%). CASEYS GENERAL STORES INC produced more free cash flow last quarter ($176.0M vs $-30.0M). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 7.5%).

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...

FirstEnergy Corp. is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison merged with Centerior Energy in 1997.

CASY vs FE — Head-to-Head

Bigger by revenue
CASY
CASY
1.2× larger
CASY
$4.5B
$3.8B
FE
Growing faster (revenue YoY)
FE
FE
+5.4% gap
FE
19.6%
14.2%
CASY
Higher net margin
CASY
CASY
5.9% more per $
CASY
4.6%
-1.3%
FE
More free cash flow
CASY
CASY
$206.0M more FCF
CASY
$176.0M
$-30.0M
FE
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
7.5%
FE

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
CASY
CASY
FE
FE
Revenue
$4.5B
$3.8B
Net Profit
$206.3M
$-49.0M
Gross Margin
Operating Margin
6.1%
-0.6%
Net Margin
4.6%
-1.3%
Revenue YoY
14.2%
19.6%
Net Profit YoY
14.0%
-118.8%
EPS (diluted)
$5.53
$-0.08

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
FE
FE
Q4 25
$4.5B
$3.8B
Q3 25
$4.6B
$4.1B
Q2 25
$4.0B
$3.4B
Q1 25
$3.9B
$3.8B
Q4 24
$3.9B
$3.2B
Q3 24
$4.1B
$3.7B
Q2 24
$3.6B
$3.3B
Q1 24
$3.3B
$3.3B
Net Profit
CASY
CASY
FE
FE
Q4 25
$206.3M
$-49.0M
Q3 25
$215.4M
$441.0M
Q2 25
$98.3M
$268.0M
Q1 25
$87.1M
$360.0M
Q4 24
$180.9M
$261.0M
Q3 24
$180.2M
$419.0M
Q2 24
$87.0M
$45.0M
Q1 24
$86.9M
$253.0M
Operating Margin
CASY
CASY
FE
FE
Q4 25
6.1%
-0.6%
Q3 25
6.1%
20.0%
Q2 25
19.1%
Q1 25
2.8%
20.0%
Q4 24
6.1%
19.3%
Q3 24
5.8%
19.5%
Q2 24
12.9%
Q1 24
3.4%
18.6%
Net Margin
CASY
CASY
FE
FE
Q4 25
4.6%
-1.3%
Q3 25
4.7%
10.6%
Q2 25
2.5%
7.9%
Q1 25
2.2%
9.6%
Q4 24
4.6%
8.2%
Q3 24
4.4%
11.2%
Q2 24
2.4%
1.4%
Q1 24
2.6%
7.7%
EPS (diluted)
CASY
CASY
FE
FE
Q4 25
$5.53
$-0.08
Q3 25
$5.77
$0.76
Q2 25
$2.63
$0.46
Q1 25
$2.33
$0.62
Q4 24
$4.85
$0.45
Q3 24
$4.83
$0.73
Q2 24
$2.34
$0.08
Q1 24
$2.33
$0.44

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
FE
FE
Cash + ST InvestmentsLiquidity on hand
$492.0M
$57.0M
Total DebtLower is stronger
$25.5B
Stockholders' EquityBook value
$3.8B
$12.5B
Total Assets
$8.6B
$55.9B
Debt / EquityLower = less leverage
2.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
FE
FE
Q4 25
$492.0M
$57.0M
Q3 25
$458.1M
$1.4B
Q2 25
$326.7M
$569.0M
Q1 25
$394.8M
$132.0M
Q4 24
$351.7M
$111.0M
Q3 24
$305.0M
$439.0M
Q2 24
$206.5M
$60.0M
Q1 24
$177.9M
$888.0M
Total Debt
CASY
CASY
FE
FE
Q4 25
$25.5B
Q3 25
$25.5B
Q2 25
$2.4B
$23.7B
Q1 25
$21.2B
Q4 24
$22.5B
Q3 24
$21.6B
Q2 24
$1.6B
$20.8B
Q1 24
$21.7B
Stockholders' Equity
CASY
CASY
FE
FE
Q4 25
$3.8B
$12.5B
Q3 25
$3.6B
$12.8B
Q2 25
$3.5B
$12.9B
Q1 25
$3.4B
$12.6B
Q4 24
$3.3B
$12.5B
Q3 24
$3.2B
$12.4B
Q2 24
$3.0B
$12.5B
Q1 24
$2.9B
$12.4B
Total Assets
CASY
CASY
FE
FE
Q4 25
$8.6B
$55.9B
Q3 25
$8.4B
$55.9B
Q2 25
$8.2B
$54.2B
Q1 25
$8.2B
$52.8B
Q4 24
$7.7B
$52.0B
Q3 24
$6.5B
$50.8B
Q2 24
$6.3B
$51.0B
Q1 24
$6.2B
$51.3B
Debt / Equity
CASY
CASY
FE
FE
Q4 25
2.04×
Q3 25
1.99×
Q2 25
0.69×
1.85×
Q1 25
1.69×
Q4 24
1.81×
Q3 24
1.74×
Q2 24
0.52×
1.67×
Q1 24
1.75×

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
FE
FE
Operating Cash FlowLast quarter
$347.1M
$1.1B
Free Cash FlowOCF − Capex
$176.0M
$-30.0M
FCF MarginFCF / Revenue
3.9%
-0.8%
Capex IntensityCapex / Revenue
3.8%
30.7%
Cash ConversionOCF / Net Profit
1.68×
TTM Free Cash FlowTrailing 4 quarters
$682.2M
$-1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
FE
FE
Q4 25
$347.1M
$1.1B
Q3 25
$372.4M
$845.0M
Q2 25
$333.9M
$1.1B
Q1 25
$204.9M
$637.0M
Q4 24
$270.7M
$1.0B
Q3 24
$281.4M
$775.0M
Q2 24
$288.4M
$1.1B
Q1 24
$122.8M
$-40.0M
Free Cash Flow
CASY
CASY
FE
FE
Q4 25
$176.0M
$-30.0M
Q3 25
$262.4M
$-471.0M
Q2 25
$153.1M
$-136.0M
Q1 25
$90.7M
$-368.0M
Q4 24
$160.0M
$-250.0M
Q3 24
$180.8M
$-229.0M
Q2 24
$92.1M
$170.0M
Q1 24
$-27.0M
$-830.0M
FCF Margin
CASY
CASY
FE
FE
Q4 25
3.9%
-0.8%
Q3 25
5.7%
-11.4%
Q2 25
3.8%
-4.0%
Q1 25
2.3%
-9.8%
Q4 24
4.1%
-7.9%
Q3 24
4.4%
-6.1%
Q2 24
2.6%
5.2%
Q1 24
-0.8%
-25.3%
Capex Intensity
CASY
CASY
FE
FE
Q4 25
3.8%
30.7%
Q3 25
2.4%
31.7%
Q2 25
4.5%
36.0%
Q1 25
2.9%
26.7%
Q4 24
2.8%
40.7%
Q3 24
2.5%
26.9%
Q2 24
5.5%
28.7%
Q1 24
4.5%
24.0%
Cash Conversion
CASY
CASY
FE
FE
Q4 25
1.68×
Q3 25
1.73×
1.92×
Q2 25
3.40×
4.04×
Q1 25
2.35×
1.77×
Q4 24
1.50×
4.00×
Q3 24
1.56×
1.85×
Q2 24
3.31×
24.71×
Q1 24
1.41×
-0.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CASY
CASY

Segment breakdown not available.

FE
FE

Integrated Segment$1.4B37%
Other$1.4B36%
Stand Alone Transmission Segment$466.0M12%
Industrial Customers$167.0M4%
Mid Atlantic Interstate Transmission LLC$118.0M3%
Transmission$105.0M3%
Transmission Segment$68.0M2%
Tr AIL$63.0M2%
Internal Customers$10.0M0%
Wholesale Sales$6.0M0%

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