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

Mastercard is the larger business by last-quarter revenue ($8.4B vs $4.5B, roughly 1.9× CASEYS GENERAL STORES INC). Mastercard runs the higher net margin — 46.4% vs 4.6%, a 41.8% gap on every dollar of revenue. On growth, Mastercard posted the faster year-over-year revenue change (16.0% vs 14.2%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 9.9%).

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...

Mastercard Inc. is an American multinational payment card services corporation headquartered in Purchase, New York. It offers a range of payment transaction processing and other related-payment services. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the Mastercard-brand debit, credit and prepaid cards to make purchases. Mastercard has been publicly traded since 2006.

CASY vs MA — Head-to-Head

Bigger by revenue
MA
MA
1.9× larger
MA
$8.4B
$4.5B
CASY
Growing faster (revenue YoY)
MA
MA
+1.8% gap
MA
16.0%
14.2%
CASY
Higher net margin
MA
MA
41.8% more per $
MA
46.4%
4.6%
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
9.9%
MA

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CASY
CASY
MA
MA
Revenue
$4.5B
$8.4B
Net Profit
$206.3M
$3.9B
Gross Margin
Operating Margin
6.1%
58.3%
Net Margin
4.6%
46.4%
Revenue YoY
14.2%
16.0%
Net Profit YoY
14.0%
18.0%
EPS (diluted)
$5.53
$4.35

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
MA
MA
Q1 26
$8.4B
Q4 25
$4.5B
$8.8B
Q3 25
$4.6B
$8.6B
Q2 25
$4.0B
$8.1B
Q1 25
$3.9B
$7.3B
Q4 24
$3.9B
$7.5B
Q3 24
$4.1B
$7.4B
Q2 24
$3.6B
$7.0B
Net Profit
CASY
CASY
MA
MA
Q1 26
$3.9B
Q4 25
$206.3M
$4.1B
Q3 25
$215.4M
$3.9B
Q2 25
$98.3M
$3.7B
Q1 25
$87.1M
$3.3B
Q4 24
$180.9M
$3.3B
Q3 24
$180.2M
$3.3B
Q2 24
$87.0M
$3.3B
Operating Margin
CASY
CASY
MA
MA
Q1 26
58.3%
Q4 25
6.1%
55.8%
Q3 25
6.1%
58.8%
Q2 25
58.7%
Q1 25
2.8%
57.2%
Q4 24
6.1%
52.6%
Q3 24
5.8%
54.3%
Q2 24
58.0%
Net Margin
CASY
CASY
MA
MA
Q1 26
46.4%
Q4 25
4.6%
46.1%
Q3 25
4.7%
45.7%
Q2 25
2.5%
45.5%
Q1 25
2.2%
45.2%
Q4 24
4.6%
44.6%
Q3 24
4.4%
44.3%
Q2 24
2.4%
46.8%
EPS (diluted)
CASY
CASY
MA
MA
Q1 26
$4.35
Q4 25
$5.53
$4.52
Q3 25
$5.77
$4.34
Q2 25
$2.63
$4.07
Q1 25
$2.33
$3.59
Q4 24
$4.85
$3.64
Q3 24
$4.83
$3.53
Q2 24
$2.34
$3.50

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
MA
MA
Cash + ST InvestmentsLiquidity on hand
$492.0M
$7.9B
Total DebtLower is stronger
$19.0B
Stockholders' EquityBook value
$3.8B
$6.7B
Total Assets
$8.6B
$52.4B
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
MA
MA
Q1 26
$7.9B
Q4 25
$492.0M
$10.6B
Q3 25
$458.1M
$10.3B
Q2 25
$326.7M
$9.0B
Q1 25
$394.8M
$7.6B
Q4 24
$351.7M
$8.4B
Q3 24
$305.0M
$11.1B
Q2 24
$206.5M
$7.0B
Total Debt
CASY
CASY
MA
MA
Q1 26
$19.0B
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Stockholders' Equity
CASY
CASY
MA
MA
Q1 26
$6.7B
Q4 25
$3.8B
$7.7B
Q3 25
$3.6B
$7.9B
Q2 25
$3.5B
$7.9B
Q1 25
$3.4B
$6.7B
Q4 24
$3.3B
$6.5B
Q3 24
$3.2B
$7.4B
Q2 24
$3.0B
$7.4B
Total Assets
CASY
CASY
MA
MA
Q1 26
$52.4B
Q4 25
$8.6B
$54.2B
Q3 25
$8.4B
$53.3B
Q2 25
$8.2B
$51.4B
Q1 25
$8.2B
$48.5B
Q4 24
$7.7B
$48.1B
Q3 24
$6.5B
$47.2B
Q2 24
$6.3B
$42.3B
Debt / Equity
CASY
CASY
MA
MA
Q1 26
2.82×
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
MA
MA
Operating Cash FlowLast quarter
$347.1M
$3.0B
Free Cash FlowOCF − Capex
$176.0M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.68×
0.77×
TTM Free Cash FlowTrailing 4 quarters
$682.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
MA
MA
Q1 26
$3.0B
Q4 25
$347.1M
$5.0B
Q3 25
$372.4M
$5.7B
Q2 25
$333.9M
$4.6B
Q1 25
$204.9M
$2.4B
Q4 24
$270.7M
$4.8B
Q3 24
$281.4M
$5.1B
Q2 24
$288.4M
$3.1B
Free Cash Flow
CASY
CASY
MA
MA
Q1 26
Q4 25
$176.0M
$4.9B
Q3 25
$262.4M
$5.5B
Q2 25
$153.1M
$4.6B
Q1 25
$90.7M
$2.2B
Q4 24
$160.0M
$4.7B
Q3 24
$180.8M
$5.0B
Q2 24
$92.1M
$3.0B
FCF Margin
CASY
CASY
MA
MA
Q1 26
Q4 25
3.9%
55.5%
Q3 25
5.7%
63.8%
Q2 25
3.8%
56.1%
Q1 25
2.3%
30.6%
Q4 24
4.1%
63.3%
Q3 24
4.4%
68.2%
Q2 24
2.6%
43.4%
Capex Intensity
CASY
CASY
MA
MA
Q1 26
Q4 25
3.8%
1.3%
Q3 25
2.4%
2.1%
Q2 25
4.5%
0.5%
Q1 25
2.9%
2.2%
Q4 24
2.8%
1.3%
Q3 24
2.5%
1.5%
Q2 24
5.5%
1.7%
Cash Conversion
CASY
CASY
MA
MA
Q1 26
0.77×
Q4 25
1.68×
1.23×
Q3 25
1.73×
1.44×
Q2 25
3.40×
1.24×
Q1 25
2.35×
0.73×
Q4 24
1.50×
1.45×
Q3 24
1.56×
1.57×
Q2 24
3.31×
0.96×

Financial Flow Comparison

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

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