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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and Smurfit Westrock (SW). Click either name above to swap in a different company.
Smurfit Westrock is the larger business by last-quarter revenue ($7.6B vs $4.5B, roughly 1.7× CASEYS GENERAL STORES INC). CASEYS GENERAL STORES INC runs the higher net margin — 4.6% vs 1.3%, 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 0.5%). Smurfit Westrock produced more free cash flow last quarter ($612.0M vs $176.0M). Over the past eight quarters, Smurfit Westrock's revenue compounded faster (60.8% 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...
Smurfit Westrock plc is an Irish company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
CASY vs SW — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $4.5B | $7.6B |
| Net Profit | $206.3M | $97.0M |
| Gross Margin | — | 18.2% |
| Operating Margin | 6.1% | 5.1% |
| Net Margin | 4.6% | 1.3% |
| Revenue YoY | 14.2% | 0.5% |
| Net Profit YoY | 14.0% | -33.6% |
| EPS (diluted) | $5.53 | $0.18 |
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 | $7.6B | ||
| Q3 25 | $4.6B | $8.0B | ||
| Q2 25 | $4.0B | $7.9B | ||
| Q1 25 | $3.9B | $7.7B | ||
| Q4 24 | $3.9B | $7.5B | ||
| Q3 24 | $4.1B | $7.7B | ||
| Q2 24 | $3.6B | $3.0B | ||
| Q1 24 | $3.3B | $2.9B |
| Q4 25 | $206.3M | $97.0M | ||
| Q3 25 | $215.4M | $246.0M | ||
| Q2 25 | $98.3M | $-28.0M | ||
| Q1 25 | $87.1M | $384.0M | ||
| Q4 24 | $180.9M | $146.0M | ||
| Q3 24 | $180.2M | $-150.0M | ||
| Q2 24 | $87.0M | $132.0M | ||
| Q1 24 | $86.9M | $191.0M |
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 23.3% | ||
| Q1 24 | — | 24.2% |
| Q4 25 | 6.1% | 5.1% | ||
| Q3 25 | 6.1% | 6.6% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | 2.8% | 7.2% | ||
| Q4 24 | 6.1% | 5.3% | ||
| Q3 24 | 5.8% | 0.7% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | 3.4% | 10.5% |
| Q4 25 | 4.6% | 1.3% | ||
| Q3 25 | 4.7% | 3.1% | ||
| Q2 25 | 2.5% | -0.4% | ||
| Q1 25 | 2.2% | 5.0% | ||
| Q4 24 | 4.6% | 1.9% | ||
| Q3 24 | 4.4% | -2.0% | ||
| Q2 24 | 2.4% | 4.4% | ||
| Q1 24 | 2.6% | 6.5% |
| Q4 25 | $5.53 | $0.18 | ||
| Q3 25 | $5.77 | $0.47 | ||
| Q2 25 | $2.63 | $-0.05 | ||
| Q1 25 | $2.33 | $0.73 | ||
| Q4 24 | $4.85 | $-0.12 | ||
| Q3 24 | $4.83 | $-0.30 | ||
| Q2 24 | $2.34 | $0.51 | ||
| Q1 24 | $2.33 | $0.73 |
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 | $892.0M |
| Total DebtLower is stronger | — | $13.4B |
| Stockholders' EquityBook value | $3.8B | $18.3B |
| Total Assets | $8.6B | $45.2B |
| Debt / EquityLower = less leverage | — | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $492.0M | $892.0M | ||
| Q3 25 | $458.1M | $851.0M | ||
| Q2 25 | $326.7M | $778.0M | ||
| Q1 25 | $394.8M | $797.0M | ||
| Q4 24 | $351.7M | $855.0M | ||
| Q3 24 | $305.0M | — | ||
| Q2 24 | $206.5M | $26.8K | ||
| Q1 24 | $177.9M | $108 |
| Q4 25 | — | $13.4B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | $2.4B | $13.3B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.8B | $18.3B | ||
| Q3 25 | $3.6B | $18.4B | ||
| Q2 25 | $3.5B | $18.3B | ||
| Q1 25 | $3.4B | $17.9B | ||
| Q4 24 | $3.3B | $17.4B | ||
| Q3 24 | $3.2B | $18.0B | ||
| Q2 24 | $3.0B | $14.5K | ||
| Q1 24 | $2.9B | $108 |
| Q4 25 | $8.6B | $45.2B | ||
| Q3 25 | $8.4B | $45.6B | ||
| Q2 25 | $8.2B | $45.7B | ||
| Q1 25 | $8.2B | $44.6B | ||
| Q4 24 | $7.7B | $43.8B | ||
| Q3 24 | $6.5B | $45.0B | ||
| Q2 24 | $6.3B | $26.8K | ||
| Q1 24 | $6.2B | $108 |
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | 0.69× | 0.73× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | 0.52× | — | ||
| Q1 24 | — | — |
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 | $1.2B |
| Free Cash FlowOCF − Capex | $176.0M | $612.0M |
| FCF MarginFCF / Revenue | 3.9% | 8.1% |
| Capex IntensityCapex / Revenue | 3.8% | 7.7% |
| Cash ConversionOCF / Net Profit | 1.68× | 12.32× |
| TTM Free Cash FlowTrailing 4 quarters | $682.2M | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $347.1M | $1.2B | ||
| Q3 25 | $372.4M | $1.1B | ||
| Q2 25 | $333.9M | $829.0M | ||
| Q1 25 | $204.9M | $235.0M | ||
| Q4 24 | $270.7M | $781.0M | ||
| Q3 24 | $281.4M | $320.0M | ||
| Q2 24 | $288.4M | $340.0M | ||
| Q1 24 | $122.8M | $42.0M |
| Q4 25 | $176.0M | $612.0M | ||
| Q3 25 | $262.4M | $523.0M | ||
| Q2 25 | $153.1M | $307.0M | ||
| Q1 25 | $90.7M | $-242.0M | ||
| Q4 24 | $160.0M | $212.0M | ||
| Q3 24 | $180.8M | $-192.0M | ||
| Q2 24 | $92.1M | $163.0M | ||
| Q1 24 | $-27.0M | $-166.0M |
| Q4 25 | 3.9% | 8.1% | ||
| Q3 25 | 5.7% | 6.5% | ||
| Q2 25 | 3.8% | 3.9% | ||
| Q1 25 | 2.3% | -3.2% | ||
| Q4 24 | 4.1% | 2.8% | ||
| Q3 24 | 4.4% | -2.5% | ||
| Q2 24 | 2.6% | 5.5% | ||
| Q1 24 | -0.8% | -5.7% |
| Q4 25 | 3.8% | 7.7% | ||
| Q3 25 | 2.4% | 7.6% | ||
| Q2 25 | 4.5% | 6.6% | ||
| Q1 25 | 2.9% | 6.2% | ||
| Q4 24 | 2.8% | 7.5% | ||
| Q3 24 | 2.5% | 6.7% | ||
| Q2 24 | 5.5% | 6.0% | ||
| Q1 24 | 4.5% | 7.1% |
| Q4 25 | 1.68× | 12.32× | ||
| Q3 25 | 1.73× | 4.61× | ||
| Q2 25 | 3.40× | — | ||
| Q1 25 | 2.35× | 0.61× | ||
| Q4 24 | 1.50× | 5.35× | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 3.31× | 2.58× | ||
| Q1 24 | 1.41× | 0.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASY
Segment breakdown not available.
SW
| Packaging | $3.3B | 43% |
| Other | $3.2B | 43% |
| Paper | $1.1B | 14% |