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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and Union Pacific Corporation (UNP). Click either name above to swap in a different company.
Union Pacific Corporation is the larger business by last-quarter revenue ($6.2B vs $4.5B, roughly 1.4× CASEYS GENERAL STORES INC). Union Pacific Corporation runs the higher net margin — 27.4% vs 4.6%, a 22.8% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 3.2%). Union Pacific Corporation produced more free cash flow last quarter ($631.0M vs $176.0M). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 1.7%).
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...
The Union Pacific Railroad Company is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second-largest railroad in the United States after BNSF.
CASY vs UNP — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.5B | $6.2B |
| Net Profit | $206.3M | $1.7B |
| Gross Margin | — | — |
| Operating Margin | 6.1% | 39.5% |
| Net Margin | 4.6% | 27.4% |
| Revenue YoY | 14.2% | 3.2% |
| Net Profit YoY | 14.0% | 4.6% |
| EPS (diluted) | $5.53 | $2.87 |
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.
| Q1 26 | — | $6.2B | ||
| Q4 25 | $4.5B | $6.1B | ||
| Q3 25 | $4.6B | $6.2B | ||
| Q2 25 | $4.0B | $6.2B | ||
| Q1 25 | $3.9B | $6.0B | ||
| Q4 24 | $3.9B | $6.1B | ||
| Q3 24 | $4.1B | $6.1B | ||
| Q2 24 | $3.6B | $6.0B |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $206.3M | $1.8B | ||
| Q3 25 | $215.4M | $1.8B | ||
| Q2 25 | $98.3M | $1.9B | ||
| Q1 25 | $87.1M | $1.6B | ||
| Q4 24 | $180.9M | $1.8B | ||
| Q3 24 | $180.2M | $1.7B | ||
| Q2 24 | $87.0M | $1.7B |
| Q1 26 | — | 39.5% | ||
| Q4 25 | 6.1% | 39.5% | ||
| Q3 25 | 6.1% | 40.8% | ||
| Q2 25 | — | 41.0% | ||
| Q1 25 | 2.8% | 39.3% | ||
| Q4 24 | 6.1% | 41.3% | ||
| Q3 24 | 5.8% | 39.7% | ||
| Q2 24 | — | 40.0% |
| Q1 26 | — | 27.4% | ||
| Q4 25 | 4.6% | 30.4% | ||
| Q3 25 | 4.7% | 28.6% | ||
| Q2 25 | 2.5% | 30.5% | ||
| Q1 25 | 2.2% | 27.0% | ||
| Q4 24 | 4.6% | 28.8% | ||
| Q3 24 | 4.4% | 27.4% | ||
| Q2 24 | 2.4% | 27.9% |
| Q1 26 | — | $2.87 | ||
| Q4 25 | $5.53 | $3.12 | ||
| Q3 25 | $5.77 | $3.01 | ||
| Q2 25 | $2.63 | $3.15 | ||
| Q1 25 | $2.33 | $2.70 | ||
| Q4 24 | $4.85 | $2.91 | ||
| Q3 24 | $4.83 | $2.75 | ||
| Q2 24 | $2.34 | $2.74 |
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 | $735.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.8B | — |
| Total Assets | $8.6B | $69.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $735.0M | ||
| Q4 25 | $492.0M | $1.3B | ||
| Q3 25 | $458.1M | $808.0M | ||
| Q2 25 | $326.7M | $1.1B | ||
| Q1 25 | $394.8M | $1.4B | ||
| Q4 24 | $351.7M | $1.0B | ||
| Q3 24 | $305.0M | $947.0M | ||
| Q2 24 | $206.5M | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | $30.3B | ||
| Q3 25 | — | $30.3B | ||
| Q2 25 | $2.4B | $30.3B | ||
| Q1 25 | — | $30.6B | ||
| Q4 24 | — | $29.8B | ||
| Q3 24 | — | $29.8B | ||
| Q2 24 | $1.6B | $31.2B |
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $18.5B | ||
| Q3 25 | $3.6B | $17.3B | ||
| Q2 25 | $3.5B | $16.3B | ||
| Q1 25 | $3.4B | $16.0B | ||
| Q4 24 | $3.3B | $16.9B | ||
| Q3 24 | $3.2B | $16.6B | ||
| Q2 24 | $3.0B | $16.5B |
| Q1 26 | — | $69.6B | ||
| Q4 25 | $8.6B | $69.7B | ||
| Q3 25 | $8.4B | $68.6B | ||
| Q2 25 | $8.2B | $68.6B | ||
| Q1 25 | $8.2B | $68.5B | ||
| Q4 24 | $7.7B | $67.7B | ||
| Q3 24 | $6.5B | $67.6B | ||
| Q2 24 | $6.3B | $67.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.64× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | 0.69× | 1.86× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | — | 1.76× | ||
| Q3 24 | — | 1.79× | ||
| Q2 24 | 0.52× | 1.89× |
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 | — |
| Free Cash FlowOCF − Capex | $176.0M | $631.0M |
| FCF MarginFCF / Revenue | 3.9% | 10.1% |
| Capex IntensityCapex / Revenue | 3.8% | — |
| Cash ConversionOCF / Net Profit | 1.68× | — |
| TTM Free Cash FlowTrailing 4 quarters | $682.2M | $4.8B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $347.1M | $2.2B | ||
| Q3 25 | $372.4M | $2.5B | ||
| Q2 25 | $333.9M | $2.3B | ||
| Q1 25 | $204.9M | $2.2B | ||
| Q4 24 | $270.7M | $2.7B | ||
| Q3 24 | $281.4M | $2.7B | ||
| Q2 24 | $288.4M | $1.9B |
| Q1 26 | — | $631.0M | ||
| Q4 25 | $176.0M | $1.2B | ||
| Q3 25 | $262.4M | $1.6B | ||
| Q2 25 | $153.1M | $1.4B | ||
| Q1 25 | $90.7M | $1.3B | ||
| Q4 24 | $160.0M | $1.7B | ||
| Q3 24 | $180.8M | $1.8B | ||
| Q2 24 | $92.1M | $1.0B |
| Q1 26 | — | 10.1% | ||
| Q4 25 | 3.9% | 20.1% | ||
| Q3 25 | 5.7% | 25.2% | ||
| Q2 25 | 3.8% | 22.7% | ||
| Q1 25 | 2.3% | 21.6% | ||
| Q4 24 | 4.1% | 28.4% | ||
| Q3 24 | 4.4% | 29.9% | ||
| Q2 24 | 2.6% | 16.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 16.4% | ||
| Q3 25 | 2.4% | 15.2% | ||
| Q2 25 | 4.5% | 15.2% | ||
| Q1 25 | 2.9% | 15.0% | ||
| Q4 24 | 2.8% | 15.1% | ||
| Q3 24 | 2.5% | 13.6% | ||
| Q2 24 | 5.5% | 15.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.68× | 1.20× | ||
| Q3 25 | 1.73× | 1.41× | ||
| Q2 25 | 3.40× | 1.24× | ||
| Q1 25 | 2.35× | 1.36× | ||
| Q4 24 | 1.50× | 1.51× | ||
| Q3 24 | 1.56× | 1.59× | ||
| Q2 24 | 3.31× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASY
Segment breakdown not available.
UNP
| Freight revenues | $5.9B | 95% |
| Other revenues | $324.0M | 5% |
