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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and Labcorp (LH). 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 $3.5B, roughly 1.3× Labcorp). Labcorp runs the higher net margin — 7.9% vs 4.6%, a 3.3% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 5.8%). CASEYS GENERAL STORES INC produced more free cash flow last quarter ($176.0M vs $70.5M). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 4.8%).

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...

Labcorp is a leading global life sciences and diagnostic testing firm that offers comprehensive clinical laboratory services, drug development support, and medical testing solutions for healthcare providers, pharmaceutical companies, and individual patients. It uses advanced scientific expertise and innovative technologies to deliver accurate, actionable health insights that support clinical decisions, accelerate new treatment development, and improve patient health outcomes globally.

CASY vs LH — Head-to-Head

Bigger by revenue
CASY
CASY
1.3× larger
CASY
$4.5B
$3.5B
LH
Growing faster (revenue YoY)
CASY
CASY
+8.4% gap
CASY
14.2%
5.8%
LH
Higher net margin
LH
LH
3.3% more per $
LH
7.9%
4.6%
CASY
More free cash flow
CASY
CASY
$105.5M more FCF
CASY
$176.0M
$70.5M
LH
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
4.8%
LH

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CASY
CASY
LH
LH
Revenue
$4.5B
$3.5B
Net Profit
$206.3M
$277.8M
Gross Margin
28.7%
Operating Margin
6.1%
10.8%
Net Margin
4.6%
7.9%
Revenue YoY
14.2%
5.8%
Net Profit YoY
14.0%
30.5%
EPS (diluted)
$5.53
$3.35

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
LH
LH
Q1 26
$3.5B
Q4 25
$4.5B
$3.5B
Q3 25
$4.6B
$3.6B
Q2 25
$4.0B
$3.5B
Q1 25
$3.9B
$3.3B
Q4 24
$3.9B
$3.3B
Q3 24
$4.1B
$3.3B
Q2 24
$3.6B
$3.2B
Net Profit
CASY
CASY
LH
LH
Q1 26
$277.8M
Q4 25
$206.3M
$164.7M
Q3 25
$215.4M
$261.1M
Q2 25
$98.3M
$237.9M
Q1 25
$87.1M
$212.8M
Q4 24
$180.9M
$143.4M
Q3 24
$180.2M
$169.3M
Q2 24
$87.0M
$205.3M
Gross Margin
CASY
CASY
LH
LH
Q1 26
28.7%
Q4 25
28.2%
Q3 25
28.8%
Q2 25
29.7%
Q1 25
28.3%
Q4 24
26.9%
Q3 24
27.6%
Q2 24
28.8%
Operating Margin
CASY
CASY
LH
LH
Q1 26
10.8%
Q4 25
6.1%
7.6%
Q3 25
6.1%
11.1%
Q2 25
11.2%
Q1 25
2.8%
9.7%
Q4 24
6.1%
6.5%
Q3 24
5.8%
7.7%
Q2 24
9.2%
Net Margin
CASY
CASY
LH
LH
Q1 26
7.9%
Q4 25
4.6%
4.7%
Q3 25
4.7%
7.3%
Q2 25
2.5%
6.7%
Q1 25
2.2%
6.4%
Q4 24
4.6%
4.3%
Q3 24
4.4%
5.2%
Q2 24
2.4%
6.4%
EPS (diluted)
CASY
CASY
LH
LH
Q1 26
$3.35
Q4 25
$5.53
$1.98
Q3 25
$5.77
$3.12
Q2 25
$2.63
$2.84
Q1 25
$2.33
$2.52
Q4 24
$4.85
$1.72
Q3 24
$4.83
$2.00
Q2 24
$2.34
$2.43

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
LH
LH
Cash + ST InvestmentsLiquidity on hand
$492.0M
$981.1M
Total DebtLower is stronger
$5.8B
Stockholders' EquityBook value
$3.8B
$8.7B
Total Assets
$8.6B
$19.1B
Debt / EquityLower = less leverage
0.67×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
LH
LH
Q1 26
$981.1M
Q4 25
$492.0M
$532.3M
Q3 25
$458.1M
$598.1M
Q2 25
$326.7M
$647.3M
Q1 25
$394.8M
$369.4M
Q4 24
$351.7M
$1.5B
Q3 24
$305.0M
$1.5B
Q2 24
$206.5M
$265.1M
Total Debt
CASY
CASY
LH
LH
Q1 26
$5.8B
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Stockholders' Equity
CASY
CASY
LH
LH
Q1 26
$8.7B
Q4 25
$3.8B
$8.6B
Q3 25
$3.6B
$8.7B
Q2 25
$3.5B
$8.5B
Q1 25
$3.4B
$8.3B
Q4 24
$3.3B
$8.1B
Q3 24
$3.2B
$8.2B
Q2 24
$3.0B
$8.0B
Total Assets
CASY
CASY
LH
LH
Q1 26
$19.1B
Q4 25
$8.6B
$18.4B
Q3 25
$8.4B
$18.3B
Q2 25
$8.2B
$18.1B
Q1 25
$8.2B
$17.6B
Q4 24
$7.7B
$18.4B
Q3 24
$6.5B
$18.6B
Q2 24
$6.3B
$16.7B
Debt / Equity
CASY
CASY
LH
LH
Q1 26
0.67×
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
LH
LH
Operating Cash FlowLast quarter
$347.1M
$191.5M
Free Cash FlowOCF − Capex
$176.0M
$70.5M
FCF MarginFCF / Revenue
3.9%
2.0%
Capex IntensityCapex / Revenue
3.8%
3.4%
Cash ConversionOCF / Net Profit
1.68×
0.69×
TTM Free Cash FlowTrailing 4 quarters
$682.2M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
LH
LH
Q1 26
$191.5M
Q4 25
$347.1M
$614.2M
Q3 25
$372.4M
$387.2M
Q2 25
$333.9M
$620.6M
Q1 25
$204.9M
$18.5M
Q4 24
$270.7M
$777.2M
Q3 24
$281.4M
$277.3M
Q2 24
$288.4M
$561.1M
Free Cash Flow
CASY
CASY
LH
LH
Q1 26
$70.5M
Q4 25
$176.0M
$490.3M
Q3 25
$262.4M
$280.5M
Q2 25
$153.1M
$542.7M
Q1 25
$90.7M
$-107.5M
Q4 24
$160.0M
$665.1M
Q3 24
$180.8M
$161.5M
Q2 24
$92.1M
$432.9M
FCF Margin
CASY
CASY
LH
LH
Q1 26
2.0%
Q4 25
3.9%
13.9%
Q3 25
5.7%
7.9%
Q2 25
3.8%
15.4%
Q1 25
2.3%
-3.2%
Q4 24
4.1%
20.0%
Q3 24
4.4%
4.9%
Q2 24
2.6%
13.4%
Capex Intensity
CASY
CASY
LH
LH
Q1 26
3.4%
Q4 25
3.8%
3.5%
Q3 25
2.4%
3.0%
Q2 25
4.5%
2.2%
Q1 25
2.9%
3.8%
Q4 24
2.8%
3.4%
Q3 24
2.5%
3.5%
Q2 24
5.5%
4.0%
Cash Conversion
CASY
CASY
LH
LH
Q1 26
0.69×
Q4 25
1.68×
3.73×
Q3 25
1.73×
1.48×
Q2 25
3.40×
2.61×
Q1 25
2.35×
0.09×
Q4 24
1.50×
5.42×
Q3 24
1.56×
1.64×
Q2 24
3.31×
2.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CASY
CASY

Segment breakdown not available.

LH
LH

Revenues$2.8B78%
Other$775.5M22%

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