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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and Lam Research (LRCX). Click either name above to swap in a different company.
Lam Research is the larger business by last-quarter revenue ($5.3B vs $4.5B, roughly 1.2× CASEYS GENERAL STORES INC). Lam Research runs the higher net margin — 29.8% vs 4.6%, a 25.2% gap on every dollar of revenue. On growth, Lam Research posted the faster year-over-year revenue change (22.1% vs 14.2%). Lam Research produced more free cash flow last quarter ($1.2B vs $176.0M). Over the past eight quarters, Lam Research's revenue compounded faster (18.7% 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...
Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP) and for related manufacturing markets such as for microelectromechanical systems (MEMS).
CASY vs LRCX — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.5B | $5.3B |
| Net Profit | $206.3M | $1.6B |
| Gross Margin | — | 49.6% |
| Operating Margin | 6.1% | 33.9% |
| Net Margin | 4.6% | 29.8% |
| Revenue YoY | 14.2% | 22.1% |
| Net Profit YoY | 14.0% | 33.8% |
| EPS (diluted) | $5.53 | $1.26 |
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.
| Q4 25 | $4.5B | $5.3B | ||
| Q3 25 | $4.6B | $5.3B | ||
| Q2 25 | $4.0B | $5.2B | ||
| Q1 25 | $3.9B | $4.7B | ||
| Q4 24 | $3.9B | $4.4B | ||
| Q3 24 | $4.1B | $4.2B | ||
| Q2 24 | $3.6B | $3.9B | ||
| Q1 24 | $3.3B | $3.8B |
| Q4 25 | $206.3M | $1.6B | ||
| Q3 25 | $215.4M | $1.6B | ||
| Q2 25 | $98.3M | $1.7B | ||
| Q1 25 | $87.1M | $1.3B | ||
| Q4 24 | $180.9M | $1.2B | ||
| Q3 24 | $180.2M | $1.1B | ||
| Q2 24 | $87.0M | $1.0B | ||
| Q1 24 | $86.9M | $965.8M |
| Q4 25 | — | 49.6% | ||
| Q3 25 | — | 50.4% | ||
| Q2 25 | — | 50.1% | ||
| Q1 25 | — | 49.0% | ||
| Q4 24 | — | 47.4% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 47.5% | ||
| Q1 24 | — | 47.5% |
| Q4 25 | 6.1% | 33.9% | ||
| Q3 25 | 6.1% | 34.4% | ||
| Q2 25 | — | 33.7% | ||
| Q1 25 | 2.8% | 33.1% | ||
| Q4 24 | 6.1% | 30.5% | ||
| Q3 24 | 5.8% | 30.3% | ||
| Q2 24 | — | 29.1% | ||
| Q1 24 | 3.4% | 27.9% |
| Q4 25 | 4.6% | 29.8% | ||
| Q3 25 | 4.7% | 29.5% | ||
| Q2 25 | 2.5% | 33.3% | ||
| Q1 25 | 2.2% | 28.2% | ||
| Q4 24 | 4.6% | 27.2% | ||
| Q3 24 | 4.4% | 26.8% | ||
| Q2 24 | 2.4% | 26.4% | ||
| Q1 24 | 2.6% | 25.5% |
| Q4 25 | $5.53 | $1.26 | ||
| Q3 25 | $5.77 | $1.24 | ||
| Q2 25 | $2.63 | $1.34 | ||
| Q1 25 | $2.33 | $1.03 | ||
| Q4 24 | $4.85 | $0.92 | ||
| Q3 24 | $4.83 | $0.86 | ||
| Q2 24 | $2.34 | $7.78 | ||
| Q1 24 | $2.33 | $7.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $492.0M | $6.2B |
| Total DebtLower is stronger | — | $3.7B |
| Stockholders' EquityBook value | $3.8B | $10.1B |
| Total Assets | $8.6B | $21.4B |
| Debt / EquityLower = less leverage | — | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $492.0M | $6.2B | ||
| Q3 25 | $458.1M | $6.7B | ||
| Q2 25 | $326.7M | $6.4B | ||
| Q1 25 | $394.8M | $5.5B | ||
| Q4 24 | $351.7M | $5.7B | ||
| Q3 24 | $305.0M | $6.1B | ||
| Q2 24 | $206.5M | $5.8B | ||
| Q1 24 | $177.9M | $5.7B |
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | $2.4B | $3.7B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | $1.6B | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $3.8B | $10.1B | ||
| Q3 25 | $3.6B | $10.2B | ||
| Q2 25 | $3.5B | $9.9B | ||
| Q1 25 | $3.4B | $9.5B | ||
| Q4 24 | $3.3B | $8.8B | ||
| Q3 24 | $3.2B | $8.5B | ||
| Q2 24 | $3.0B | $8.5B | ||
| Q1 24 | $2.9B | $8.0B |
| Q4 25 | $8.6B | $21.4B | ||
| Q3 25 | $8.4B | $21.9B | ||
| Q2 25 | $8.2B | $21.3B | ||
| Q1 25 | $8.2B | $20.0B | ||
| Q4 24 | $7.7B | $19.8B | ||
| Q3 24 | $6.5B | $19.5B | ||
| Q2 24 | $6.3B | $18.7B | ||
| Q1 24 | $6.2B | $18.3B |
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | 0.69× | 0.38× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | 0.52× | 0.52× | ||
| Q1 24 | — | 0.56× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $347.1M | $1.5B |
| Free Cash FlowOCF − Capex | $176.0M | $1.2B |
| FCF MarginFCF / Revenue | 3.9% | 22.8% |
| Capex IntensityCapex / Revenue | 3.8% | 4.9% |
| Cash ConversionOCF / Net Profit | 1.68× | 0.93× |
| TTM Free Cash FlowTrailing 4 quarters | $682.2M | $6.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $347.1M | $1.5B | ||
| Q3 25 | $372.4M | $1.8B | ||
| Q2 25 | $333.9M | $2.6B | ||
| Q1 25 | $204.9M | $1.3B | ||
| Q4 24 | $270.7M | $741.9M | ||
| Q3 24 | $281.4M | $1.6B | ||
| Q2 24 | $288.4M | $862.4M | ||
| Q1 24 | $122.8M | $1.4B |
| Q4 25 | $176.0M | $1.2B | ||
| Q3 25 | $262.4M | $1.6B | ||
| Q2 25 | $153.1M | $2.4B | ||
| Q1 25 | $90.7M | $1.0B | ||
| Q4 24 | $160.0M | $553.6M | ||
| Q3 24 | $180.8M | $1.5B | ||
| Q2 24 | $92.1M | $761.7M | ||
| Q1 24 | $-27.0M | $1.3B |
| Q4 25 | 3.9% | 22.8% | ||
| Q3 25 | 5.7% | 29.9% | ||
| Q2 25 | 3.8% | 46.1% | ||
| Q1 25 | 2.3% | 21.6% | ||
| Q4 24 | 4.1% | 12.7% | ||
| Q3 24 | 4.4% | 35.0% | ||
| Q2 24 | 2.6% | 19.7% | ||
| Q1 24 | -0.8% | 33.8% |
| Q4 25 | 3.8% | 4.9% | ||
| Q3 25 | 2.4% | 3.5% | ||
| Q2 25 | 4.5% | 3.3% | ||
| Q1 25 | 2.9% | 6.1% | ||
| Q4 24 | 2.8% | 4.3% | ||
| Q3 24 | 2.5% | 2.7% | ||
| Q2 24 | 5.5% | 2.6% | ||
| Q1 24 | 4.5% | 2.7% |
| Q4 25 | 1.68× | 0.93× | ||
| Q3 25 | 1.73× | 1.13× | ||
| Q2 25 | 3.40× | 1.48× | ||
| Q1 25 | 2.35× | 0.98× | ||
| Q4 24 | 1.50× | 0.62× | ||
| Q3 24 | 1.56× | 1.40× | ||
| Q2 24 | 3.31× | 0.85× | ||
| Q1 24 | 1.41× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASY
Segment breakdown not available.
LRCX
| System | $3.4B | 63% |
| Customer Supportand Other | $2.0B | 37% |
