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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and IQVIA (IQV). 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 $4.2B, roughly 1.1× IQVIA). IQVIA runs the higher net margin — 6.6% vs 4.6%, a 2.0% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 8.4%). IQVIA produced more free cash flow last quarter ($491.0M vs $176.0M). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 4.3%).

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...

IQVIA Holdings, Inc., headquartered in Durham, North Carolina, is an American company focused on health information technology and clinical research.

CASY vs IQV — Head-to-Head

Bigger by revenue
CASY
CASY
1.1× larger
CASY
$4.5B
$4.2B
IQV
Growing faster (revenue YoY)
CASY
CASY
+5.8% gap
CASY
14.2%
8.4%
IQV
Higher net margin
IQV
IQV
2.0% more per $
IQV
6.6%
4.6%
CASY
More free cash flow
IQV
IQV
$315.0M more FCF
IQV
$491.0M
$176.0M
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
4.3%
IQV

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CASY
CASY
IQV
IQV
Revenue
$4.5B
$4.2B
Net Profit
$206.3M
$275.0M
Gross Margin
Operating Margin
6.1%
12.4%
Net Margin
4.6%
6.6%
Revenue YoY
14.2%
8.4%
Net Profit YoY
14.0%
10.0%
EPS (diluted)
$5.53
$1.61

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
IQV
IQV
Q1 26
$4.2B
Q4 25
$4.5B
$4.4B
Q3 25
$4.6B
$4.1B
Q2 25
$4.0B
$4.0B
Q1 25
$3.9B
$3.8B
Q4 24
$3.9B
$4.0B
Q3 24
$4.1B
$3.9B
Q2 24
$3.6B
$3.8B
Net Profit
CASY
CASY
IQV
IQV
Q1 26
$275.0M
Q4 25
$206.3M
$514.0M
Q3 25
$215.4M
$331.0M
Q2 25
$98.3M
$266.0M
Q1 25
$87.1M
$249.0M
Q4 24
$180.9M
$437.0M
Q3 24
$180.2M
$285.0M
Q2 24
$87.0M
$363.0M
Gross Margin
CASY
CASY
IQV
IQV
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
23.5%
Q2 24
22.6%
Operating Margin
CASY
CASY
IQV
IQV
Q1 26
12.4%
Q4 25
6.1%
14.4%
Q3 25
6.1%
13.5%
Q2 25
12.6%
Q1 25
2.8%
13.0%
Q4 24
6.1%
15.8%
Q3 24
5.8%
14.1%
Q2 24
13.6%
Net Margin
CASY
CASY
IQV
IQV
Q1 26
6.6%
Q4 25
4.6%
11.8%
Q3 25
4.7%
8.1%
Q2 25
2.5%
6.6%
Q1 25
2.2%
6.5%
Q4 24
4.6%
11.0%
Q3 24
4.4%
7.3%
Q2 24
2.4%
9.5%
EPS (diluted)
CASY
CASY
IQV
IQV
Q1 26
$1.61
Q4 25
$5.53
$2.97
Q3 25
$5.77
$1.93
Q2 25
$2.63
$1.54
Q1 25
$2.33
$1.40
Q4 24
$4.85
$2.41
Q3 24
$4.83
$1.55
Q2 24
$2.34
$1.97

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
IQV
IQV
Cash + ST InvestmentsLiquidity on hand
$492.0M
$1.9B
Total DebtLower is stronger
$15.8B
Stockholders' EquityBook value
$3.8B
$6.3B
Total Assets
$8.6B
$29.7B
Debt / EquityLower = less leverage
2.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
IQV
IQV
Q1 26
$1.9B
Q4 25
$492.0M
$2.1B
Q3 25
$458.1M
$2.0B
Q2 25
$326.7M
$2.2B
Q1 25
$394.8M
$1.9B
Q4 24
$351.7M
$1.8B
Q3 24
$305.0M
$1.7B
Q2 24
$206.5M
$1.7B
Total Debt
CASY
CASY
IQV
IQV
Q1 26
$15.8B
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Stockholders' Equity
CASY
CASY
IQV
IQV
Q1 26
$6.3B
Q4 25
$3.8B
$6.5B
Q3 25
$3.6B
$6.2B
Q2 25
$3.5B
$5.8B
Q1 25
$3.4B
$6.0B
Q4 24
$3.3B
$6.1B
Q3 24
$3.2B
$7.0B
Q2 24
$3.0B
$6.7B
Total Assets
CASY
CASY
IQV
IQV
Q1 26
$29.7B
Q4 25
$8.6B
$29.9B
Q3 25
$8.4B
$28.7B
Q2 25
$8.2B
$28.6B
Q1 25
$8.2B
$27.3B
Q4 24
$7.7B
$26.9B
Q3 24
$6.5B
$27.2B
Q2 24
$6.3B
$26.4B
Debt / Equity
CASY
CASY
IQV
IQV
Q1 26
2.49×
Q4 25
Q3 25
Q2 25
0.69×
Q1 25
Q4 24
Q3 24
Q2 24
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
CASY
CASY
IQV
IQV
Operating Cash FlowLast quarter
$347.1M
$618.0M
Free Cash FlowOCF − Capex
$176.0M
$491.0M
FCF MarginFCF / Revenue
3.9%
11.8%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.68×
2.25×
TTM Free Cash FlowTrailing 4 quarters
$682.2M
$2.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
IQV
IQV
Q1 26
$618.0M
Q4 25
$347.1M
$735.0M
Q3 25
$372.4M
$908.0M
Q2 25
$333.9M
$443.0M
Q1 25
$204.9M
$568.0M
Q4 24
$270.7M
$885.0M
Q3 24
$281.4M
$721.0M
Q2 24
$288.4M
$588.0M
Free Cash Flow
CASY
CASY
IQV
IQV
Q1 26
$491.0M
Q4 25
$176.0M
$561.0M
Q3 25
$262.4M
$772.0M
Q2 25
$153.1M
$292.0M
Q1 25
$90.7M
$426.0M
Q4 24
$160.0M
$721.0M
Q3 24
$180.8M
$571.0M
Q2 24
$92.1M
$445.0M
FCF Margin
CASY
CASY
IQV
IQV
Q1 26
11.8%
Q4 25
3.9%
12.9%
Q3 25
5.7%
18.8%
Q2 25
3.8%
7.3%
Q1 25
2.3%
11.1%
Q4 24
4.1%
18.2%
Q3 24
4.4%
14.7%
Q2 24
2.6%
11.7%
Capex Intensity
CASY
CASY
IQV
IQV
Q1 26
Q4 25
3.8%
4.0%
Q3 25
2.4%
3.3%
Q2 25
4.5%
3.8%
Q1 25
2.9%
3.7%
Q4 24
2.8%
4.1%
Q3 24
2.5%
3.9%
Q2 24
5.5%
3.7%
Cash Conversion
CASY
CASY
IQV
IQV
Q1 26
2.25×
Q4 25
1.68×
1.43×
Q3 25
1.73×
2.74×
Q2 25
3.40×
1.67×
Q1 25
2.35×
2.28×
Q4 24
1.50×
2.03×
Q3 24
1.56×
2.53×
Q2 24
3.31×
1.62×

Financial Flow Comparison

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

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