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

U.S. Bancorp is the larger business by last-quarter revenue ($7.4B vs $4.5B, roughly 1.6× CASEYS GENERAL STORES INC). U.S. Bancorp runs the higher net margin — 27.8% vs 4.6%, a 23.2% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 5.1%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 4.7%).

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...

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

CASY vs USB — Head-to-Head

Bigger by revenue
USB
USB
1.6× larger
USB
$7.4B
$4.5B
CASY
Growing faster (revenue YoY)
CASY
CASY
+9.1% gap
CASY
14.2%
5.1%
USB
Higher net margin
USB
USB
23.2% more per $
USB
27.8%
4.6%
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
4.7%
USB

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
CASY
CASY
USB
USB
Revenue
$4.5B
$7.4B
Net Profit
$206.3M
$2.0B
Gross Margin
Operating Margin
6.1%
34.4%
Net Margin
4.6%
27.8%
Revenue YoY
14.2%
5.1%
Net Profit YoY
14.0%
23.0%
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.

Revenue
CASY
CASY
USB
USB
Q4 25
$4.5B
$7.4B
Q3 25
$4.6B
$7.3B
Q2 25
$4.0B
$7.0B
Q1 25
$3.9B
$7.0B
Q4 24
$3.9B
$7.0B
Q3 24
$4.1B
$6.9B
Q2 24
$3.6B
$6.9B
Q1 24
$3.3B
$6.7B
Net Profit
CASY
CASY
USB
USB
Q4 25
$206.3M
$2.0B
Q3 25
$215.4M
$2.0B
Q2 25
$98.3M
$1.8B
Q1 25
$87.1M
$1.7B
Q4 24
$180.9M
$1.7B
Q3 24
$180.2M
$1.7B
Q2 24
$87.0M
$1.6B
Q1 24
$86.9M
$1.3B
Operating Margin
CASY
CASY
USB
USB
Q4 25
6.1%
34.4%
Q3 25
6.1%
34.5%
Q2 25
32.7%
Q1 25
2.8%
31.0%
Q4 24
6.1%
30.1%
Q3 24
5.8%
30.2%
Q2 24
29.9%
Q1 24
3.4%
24.9%
Net Margin
CASY
CASY
USB
USB
Q4 25
4.6%
27.8%
Q3 25
4.7%
27.3%
Q2 25
2.5%
25.9%
Q1 25
2.2%
24.6%
Q4 24
4.6%
23.7%
Q3 24
4.4%
25.0%
Q2 24
2.4%
23.3%
Q1 24
2.6%
19.6%
EPS (diluted)
CASY
CASY
USB
USB
Q4 25
$5.53
$1.26
Q3 25
$5.77
$1.22
Q2 25
$2.63
$1.11
Q1 25
$2.33
$1.03
Q4 24
$4.85
$1.01
Q3 24
$4.83
$1.03
Q2 24
$2.34
$0.97
Q1 24
$2.33
$0.78

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
USB
USB
Cash + ST InvestmentsLiquidity on hand
$492.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.8B
$65.2B
Total Assets
$8.6B
$692.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
USB
USB
Q4 25
$492.0M
Q3 25
$458.1M
Q2 25
$326.7M
Q1 25
$394.8M
Q4 24
$351.7M
Q3 24
$305.0M
Q2 24
$206.5M
Q1 24
$177.9M
Total Debt
CASY
CASY
USB
USB
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Q1 24
Stockholders' Equity
CASY
CASY
USB
USB
Q4 25
$3.8B
$65.2B
Q3 25
$3.6B
$63.3B
Q2 25
$3.5B
$61.4B
Q1 25
$3.4B
$60.1B
Q4 24
$3.3B
$58.6B
Q3 24
$3.2B
$58.9B
Q2 24
$3.0B
$56.4B
Q1 24
$2.9B
$55.6B
Total Assets
CASY
CASY
USB
USB
Q4 25
$8.6B
$692.3B
Q3 25
$8.4B
$695.4B
Q2 25
$8.2B
$686.4B
Q1 25
$8.2B
$676.5B
Q4 24
$7.7B
$678.3B
Q3 24
$6.5B
$686.5B
Q2 24
$6.3B
$680.1B
Q1 24
$6.2B
$683.6B
Debt / Equity
CASY
CASY
USB
USB
Q4 25
Q3 25
Q2 25
0.69×
Q1 25
Q4 24
Q3 24
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
CASY
CASY
USB
USB
Operating Cash FlowLast quarter
$347.1M
$2.8B
Free Cash FlowOCF − Capex
$176.0M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.68×
1.39×
TTM Free Cash FlowTrailing 4 quarters
$682.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
USB
USB
Q4 25
$347.1M
$2.8B
Q3 25
$372.4M
$3.4B
Q2 25
$333.9M
$2.0B
Q1 25
$204.9M
$-285.0M
Q4 24
$270.7M
$4.8B
Q3 24
$281.4M
$972.0M
Q2 24
$288.4M
$2.9B
Q1 24
$122.8M
$2.7B
Free Cash Flow
CASY
CASY
USB
USB
Q4 25
$176.0M
Q3 25
$262.4M
Q2 25
$153.1M
Q1 25
$90.7M
Q4 24
$160.0M
Q3 24
$180.8M
Q2 24
$92.1M
Q1 24
$-27.0M
FCF Margin
CASY
CASY
USB
USB
Q4 25
3.9%
Q3 25
5.7%
Q2 25
3.8%
Q1 25
2.3%
Q4 24
4.1%
Q3 24
4.4%
Q2 24
2.6%
Q1 24
-0.8%
Capex Intensity
CASY
CASY
USB
USB
Q4 25
3.8%
Q3 25
2.4%
Q2 25
4.5%
Q1 25
2.9%
Q4 24
2.8%
Q3 24
2.5%
Q2 24
5.5%
Q1 24
4.5%
Cash Conversion
CASY
CASY
USB
USB
Q4 25
1.68×
1.39×
Q3 25
1.73×
1.69×
Q2 25
3.40×
1.12×
Q1 25
2.35×
-0.17×
Q4 24
1.50×
2.87×
Q3 24
1.56×
0.57×
Q2 24
3.31×
1.79×
Q1 24
1.41×
2.02×

Financial Flow Comparison

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

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