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

Medtronic is the larger business by last-quarter revenue ($9.0B vs $4.5B, roughly 2.0× CASEYS GENERAL STORES INC). Medtronic runs the higher net margin — 15.3% vs 4.6%, a 10.8% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 6.6%). Medtronic produced more free cash flow last quarter ($457.0M vs $176.0M). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 5.3%).

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...

Medtronic plc is an Irish medical device company. The company's legal and executive headquarters are in Ireland, while its operational headquarters are in Minneapolis, Minnesota. Medtronic rebased to Ireland following its acquisition of Irish-based Covidien in 2015. While it primarily operates in the United States, it operates in more than 150 countries and employs over 90,000 people. It develops and manufactures healthcare technologies and therapies.

CASY vs MDT — Head-to-Head

Bigger by revenue
MDT
MDT
2.0× larger
MDT
$9.0B
$4.5B
CASY
Growing faster (revenue YoY)
CASY
CASY
+7.5% gap
CASY
14.2%
6.6%
MDT
Higher net margin
MDT
MDT
10.8% more per $
MDT
15.3%
4.6%
CASY
More free cash flow
MDT
MDT
$281.0M more FCF
MDT
$457.0M
$176.0M
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
5.3%
MDT

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
CASY
CASY
MDT
MDT
Revenue
$4.5B
$9.0B
Net Profit
$206.3M
$1.4B
Gross Margin
65.8%
Operating Margin
6.1%
18.8%
Net Margin
4.6%
15.3%
Revenue YoY
14.2%
6.6%
Net Profit YoY
14.0%
8.2%
EPS (diluted)
$5.53
$1.07

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
MDT
MDT
Q4 25
$4.5B
$9.0B
Q3 25
$4.6B
$8.6B
Q2 25
$4.0B
$8.9B
Q1 25
$3.9B
$8.3B
Q4 24
$3.9B
$8.4B
Q3 24
$4.1B
$7.9B
Q2 24
$3.6B
$8.6B
Q1 24
$3.3B
$8.1B
Net Profit
CASY
CASY
MDT
MDT
Q4 25
$206.3M
$1.4B
Q3 25
$215.4M
$1.0B
Q2 25
$98.3M
$1.1B
Q1 25
$87.1M
$1.3B
Q4 24
$180.9M
$1.3B
Q3 24
$180.2M
$1.0B
Q2 24
$87.0M
$654.0M
Q1 24
$86.9M
$1.3B
Gross Margin
CASY
CASY
MDT
MDT
Q4 25
65.8%
Q3 25
65.0%
Q2 25
64.8%
Q1 25
66.5%
Q4 24
64.9%
Q3 24
65.1%
Q2 24
64.5%
Q1 24
65.6%
Operating Margin
CASY
CASY
MDT
MDT
Q4 25
6.1%
18.8%
Q3 25
6.1%
16.8%
Q2 25
16.1%
Q1 25
2.8%
19.9%
Q4 24
6.1%
19.0%
Q3 24
5.8%
16.1%
Q2 24
12.3%
Q1 24
3.4%
18.3%
Net Margin
CASY
CASY
MDT
MDT
Q4 25
4.6%
15.3%
Q3 25
4.7%
12.1%
Q2 25
2.5%
11.8%
Q1 25
2.2%
15.6%
Q4 24
4.6%
15.1%
Q3 24
4.4%
13.2%
Q2 24
2.4%
7.6%
Q1 24
2.6%
16.3%
EPS (diluted)
CASY
CASY
MDT
MDT
Q4 25
$5.53
$1.07
Q3 25
$5.77
$0.81
Q2 25
$2.63
$0.81
Q1 25
$2.33
$1.01
Q4 24
$4.85
$0.99
Q3 24
$4.83
$0.80
Q2 24
$2.34
$0.50
Q1 24
$2.33
$0.99

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
MDT
MDT
Cash + ST InvestmentsLiquidity on hand
$492.0M
$8.3B
Total DebtLower is stronger
$27.7B
Stockholders' EquityBook value
$3.8B
$48.7B
Total Assets
$8.6B
$91.3B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
MDT
MDT
Q4 25
$492.0M
$8.3B
Q3 25
$458.1M
$8.1B
Q2 25
$326.7M
$9.0B
Q1 25
$394.8M
$7.9B
Q4 24
$351.7M
$8.0B
Q3 24
$305.0M
$7.8B
Q2 24
$206.5M
$8.0B
Q1 24
$177.9M
$8.3B
Total Debt
CASY
CASY
MDT
MDT
Q4 25
$27.7B
Q3 25
$26.2B
Q2 25
$2.4B
$25.6B
Q1 25
$24.0B
Q4 24
$24.6B
Q3 24
$26.3B
Q2 24
$1.6B
$23.9B
Q1 24
$24.2B
Stockholders' Equity
CASY
CASY
MDT
MDT
Q4 25
$3.8B
$48.7B
Q3 25
$3.6B
$47.9B
Q2 25
$3.5B
$48.0B
Q1 25
$3.4B
$49.4B
Q4 24
$3.3B
$48.5B
Q3 24
$3.2B
$47.9B
Q2 24
$3.0B
$50.2B
Q1 24
$2.9B
$51.8B
Total Assets
CASY
CASY
MDT
MDT
Q4 25
$8.6B
$91.3B
Q3 25
$8.4B
$91.0B
Q2 25
$8.2B
$91.7B
Q1 25
$8.2B
$90.0B
Q4 24
$7.7B
$90.0B
Q3 24
$6.5B
$89.7B
Q2 24
$6.3B
$90.0B
Q1 24
$6.2B
$90.8B
Debt / Equity
CASY
CASY
MDT
MDT
Q4 25
0.57×
Q3 25
0.55×
Q2 25
0.69×
0.53×
Q1 25
0.49×
Q4 24
0.51×
Q3 24
0.55×
Q2 24
0.52×
0.48×
Q1 24
0.47×

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
MDT
MDT
Operating Cash FlowLast quarter
$347.1M
$925.0M
Free Cash FlowOCF − Capex
$176.0M
$457.0M
FCF MarginFCF / Revenue
3.9%
5.1%
Capex IntensityCapex / Revenue
3.8%
5.2%
Cash ConversionOCF / Net Profit
1.68×
0.67×
TTM Free Cash FlowTrailing 4 quarters
$682.2M
$5.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
MDT
MDT
Q4 25
$347.1M
$925.0M
Q3 25
$372.4M
$1.1B
Q2 25
$333.9M
$2.5B
Q1 25
$204.9M
$2.6B
Q4 24
$270.7M
$958.0M
Q3 24
$281.4M
$986.0M
Q2 24
$288.4M
$2.8B
Q1 24
$122.8M
$2.5B
Free Cash Flow
CASY
CASY
MDT
MDT
Q4 25
$176.0M
$457.0M
Q3 25
$262.4M
$584.0M
Q2 25
$153.1M
$2.1B
Q1 25
$90.7M
$2.1B
Q4 24
$160.0M
$554.0M
Q3 24
$180.8M
$466.0M
Q2 24
$92.1M
$2.4B
Q1 24
$-27.0M
$2.1B
FCF Margin
CASY
CASY
MDT
MDT
Q4 25
3.9%
5.1%
Q3 25
5.7%
6.8%
Q2 25
3.8%
23.2%
Q1 25
2.3%
25.3%
Q4 24
4.1%
6.6%
Q3 24
4.4%
5.9%
Q2 24
2.6%
27.4%
Q1 24
-0.8%
26.3%
Capex Intensity
CASY
CASY
MDT
MDT
Q4 25
3.8%
5.2%
Q3 25
2.4%
5.9%
Q2 25
4.5%
5.1%
Q1 25
2.9%
5.7%
Q4 24
2.8%
4.8%
Q3 24
2.5%
6.6%
Q2 24
5.5%
5.0%
Q1 24
4.5%
4.3%
Cash Conversion
CASY
CASY
MDT
MDT
Q4 25
1.68×
0.67×
Q3 25
1.73×
1.05×
Q2 25
3.40×
2.39×
Q1 25
2.35×
1.99×
Q4 24
1.50×
0.75×
Q3 24
1.56×
0.95×
Q2 24
3.31×
4.25×
Q1 24
1.41×
1.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CASY
CASY

Segment breakdown not available.

MDT
MDT

Cardiac Rhythm And Heart Failure Division$1.8B20%
Surgical Endoscopy$1.7B19%
Other$1.3B14%
Structural Heart And Aortic Division$956.0M11%
Diabetes Group$757.0M8%
Specialty Therapies Division$744.0M8%
Coronary And Peripheral Vascular Division$655.0M7%
Neuromodulation Division$520.0M6%
Acute Care Monitoring$493.0M6%
IE$35.0M0%

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