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

Kinder Morgan is the larger business by last-quarter revenue ($4.8B vs $4.5B, roughly 1.1× CASEYS GENERAL STORES INC). Kinder Morgan runs the higher net margin — 20.7% vs 4.6%, a 16.2% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 13.8%). Over the past eight quarters, Kinder Morgan's revenue compounded faster (22.6% CAGR vs 16.3%).

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...

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals.

CASY vs KMI — Head-to-Head

Bigger by revenue
KMI
KMI
1.1× larger
KMI
$4.8B
$4.5B
CASY
Growing faster (revenue YoY)
CASY
CASY
+0.3% gap
CASY
14.2%
13.8%
KMI
Higher net margin
KMI
KMI
16.2% more per $
KMI
20.7%
4.6%
CASY
Faster 2-yr revenue CAGR
KMI
KMI
Annualised
KMI
22.6%
16.3%
CASY

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CASY
CASY
KMI
KMI
Revenue
$4.5B
$4.8B
Net Profit
$206.3M
$1.0B
Gross Margin
Operating Margin
6.1%
29.9%
Net Margin
4.6%
20.7%
Revenue YoY
14.2%
13.8%
Net Profit YoY
14.0%
34.7%
EPS (diluted)
$5.53
$0.44

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
KMI
KMI
Q1 26
$4.8B
Q4 25
$4.5B
$4.0B
Q3 25
$4.6B
$3.7B
Q2 25
$4.0B
$3.6B
Q1 25
$3.9B
$3.9B
Q4 24
$3.9B
$3.6B
Q3 24
$4.1B
$3.3B
Q2 24
$3.6B
$3.2B
Net Profit
CASY
CASY
KMI
KMI
Q1 26
$1.0B
Q4 25
$206.3M
$996.0M
Q3 25
$215.4M
$628.0M
Q2 25
$98.3M
$715.0M
Q1 25
$87.1M
$717.0M
Q4 24
$180.9M
$667.0M
Q3 24
$180.2M
$625.0M
Q2 24
$87.0M
$575.0M
Operating Margin
CASY
CASY
KMI
KMI
Q1 26
29.9%
Q4 25
6.1%
34.0%
Q3 25
6.1%
28.6%
Q2 25
31.9%
Q1 25
2.8%
29.6%
Q4 24
6.1%
31.0%
Q3 24
5.8%
30.9%
Q2 24
32.3%
Net Margin
CASY
CASY
KMI
KMI
Q1 26
20.7%
Q4 25
4.6%
24.8%
Q3 25
4.7%
16.9%
Q2 25
2.5%
19.8%
Q1 25
2.2%
18.6%
Q4 24
4.6%
18.7%
Q3 24
4.4%
19.0%
Q2 24
2.4%
17.9%
EPS (diluted)
CASY
CASY
KMI
KMI
Q1 26
$0.44
Q4 25
$5.53
$0.45
Q3 25
$5.77
$0.28
Q2 25
$2.63
$0.32
Q1 25
$2.33
$0.32
Q4 24
$4.85
$0.30
Q3 24
$4.83
$0.28
Q2 24
$2.34
$0.26

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
KMI
KMI
Cash + ST InvestmentsLiquidity on hand
$492.0M
$72.0M
Total DebtLower is stronger
$31.9B
Stockholders' EquityBook value
$3.8B
$32.6B
Total Assets
$8.6B
$73.1B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
KMI
KMI
Q1 26
$72.0M
Q4 25
$492.0M
$63.0M
Q3 25
$458.1M
$71.0M
Q2 25
$326.7M
$82.0M
Q1 25
$394.8M
$80.0M
Q4 24
$351.7M
$88.0M
Q3 24
$305.0M
$108.0M
Q2 24
$206.5M
$98.0M
Total Debt
CASY
CASY
KMI
KMI
Q1 26
$31.9B
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Stockholders' Equity
CASY
CASY
KMI
KMI
Q1 26
$32.6B
Q4 25
$3.8B
$31.2B
Q3 25
$3.6B
$30.7B
Q2 25
$3.5B
$30.8B
Q1 25
$3.4B
$30.6B
Q4 24
$3.3B
$30.5B
Q3 24
$3.2B
$30.4B
Q2 24
$3.0B
$30.3B
Total Assets
CASY
CASY
KMI
KMI
Q1 26
$73.1B
Q4 25
$8.6B
$72.7B
Q3 25
$8.4B
$72.3B
Q2 25
$8.2B
$72.4B
Q1 25
$8.2B
$72.3B
Q4 24
$7.7B
$71.4B
Q3 24
$6.5B
$70.9B
Q2 24
$6.3B
$70.7B
Debt / Equity
CASY
CASY
KMI
KMI
Q1 26
0.98×
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
KMI
KMI
Operating Cash FlowLast quarter
$347.1M
Free Cash FlowOCF − Capex
$176.0M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
3.8%
16.7%
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
KMI
KMI
Q1 26
Q4 25
$347.1M
$1.7B
Q3 25
$372.4M
$1.4B
Q2 25
$333.9M
$1.6B
Q1 25
$204.9M
$1.2B
Q4 24
$270.7M
$1.5B
Q3 24
$281.4M
$1.2B
Q2 24
$288.4M
$1.7B
Free Cash Flow
CASY
CASY
KMI
KMI
Q1 26
Q4 25
$176.0M
$872.0M
Q3 25
$262.4M
$621.0M
Q2 25
$153.1M
$1.0B
Q1 25
$90.7M
$396.0M
Q4 24
$160.0M
$738.0M
Q3 24
$180.8M
$592.0M
Q2 24
$92.1M
$1.1B
FCF Margin
CASY
CASY
KMI
KMI
Q1 26
Q4 25
3.9%
21.7%
Q3 25
5.7%
16.7%
Q2 25
3.8%
27.8%
Q1 25
2.3%
10.3%
Q4 24
4.1%
20.7%
Q3 24
4.4%
18.0%
Q2 24
2.6%
34.4%
Capex Intensity
CASY
CASY
KMI
KMI
Q1 26
16.7%
Q4 25
3.8%
20.4%
Q3 25
2.4%
21.3%
Q2 25
4.5%
17.9%
Q1 25
2.9%
19.8%
Q4 24
2.8%
21.6%
Q3 24
2.5%
20.0%
Q2 24
5.5%
18.1%
Cash Conversion
CASY
CASY
KMI
KMI
Q1 26
Q4 25
1.68×
1.70×
Q3 25
1.73×
2.25×
Q2 25
3.40×
2.31×
Q1 25
2.35×
1.62×
Q4 24
1.50×
2.26×
Q3 24
1.56×
2.00×
Q2 24
3.31×
2.93×

Financial Flow Comparison

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

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