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

CASEYS GENERAL STORES INC is the larger business by last-quarter revenue ($4.5B vs $3.0B, roughly 1.5× Wabtec). Wabtec runs the higher net margin — 12.3% vs 4.6%, a 7.7% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 13.0%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 5.6%).

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...

Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower in 1999. It is headquartered in Pittsburgh, Pennsylvania.

CASY vs WAB — Head-to-Head

Bigger by revenue
CASY
CASY
1.5× larger
CASY
$4.5B
$3.0B
WAB
Growing faster (revenue YoY)
CASY
CASY
+1.1% gap
CASY
14.2%
13.0%
WAB
Higher net margin
WAB
WAB
7.7% more per $
WAB
12.3%
4.6%
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
5.6%
WAB

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CASY
CASY
WAB
WAB
Revenue
$4.5B
$3.0B
Net Profit
$206.3M
$363.0M
Gross Margin
36.0%
Operating Margin
6.1%
17.5%
Net Margin
4.6%
12.3%
Revenue YoY
14.2%
13.0%
Net Profit YoY
14.0%
11.0%
EPS (diluted)
$5.53
$2.12

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
WAB
WAB
Q1 26
$3.0B
Q4 25
$4.5B
$3.0B
Q3 25
$4.6B
$2.9B
Q2 25
$4.0B
$2.7B
Q1 25
$3.9B
$2.6B
Q4 24
$3.9B
$2.6B
Q3 24
$4.1B
$2.7B
Q2 24
$3.6B
$2.6B
Net Profit
CASY
CASY
WAB
WAB
Q1 26
$363.0M
Q4 25
$206.3M
$202.0M
Q3 25
$215.4M
$310.0M
Q2 25
$98.3M
$336.0M
Q1 25
$87.1M
$322.0M
Q4 24
$180.9M
$212.0M
Q3 24
$180.2M
$283.0M
Q2 24
$87.0M
$289.0M
Gross Margin
CASY
CASY
WAB
WAB
Q1 26
36.0%
Q4 25
32.6%
Q3 25
34.7%
Q2 25
34.7%
Q1 25
34.5%
Q4 24
30.9%
Q3 24
33.0%
Q2 24
33.1%
Operating Margin
CASY
CASY
WAB
WAB
Q1 26
17.5%
Q4 25
6.1%
12.0%
Q3 25
6.1%
17.0%
Q2 25
17.4%
Q1 25
2.8%
18.2%
Q4 24
6.1%
12.9%
Q3 24
5.8%
16.3%
Q2 24
16.3%
Net Margin
CASY
CASY
WAB
WAB
Q1 26
12.3%
Q4 25
4.6%
6.8%
Q3 25
4.7%
10.7%
Q2 25
2.5%
12.4%
Q1 25
2.2%
12.3%
Q4 24
4.6%
8.2%
Q3 24
4.4%
10.6%
Q2 24
2.4%
10.9%
EPS (diluted)
CASY
CASY
WAB
WAB
Q1 26
$2.12
Q4 25
$5.53
$1.18
Q3 25
$5.77
$1.81
Q2 25
$2.63
$1.96
Q1 25
$2.33
$1.88
Q4 24
$4.85
$1.24
Q3 24
$4.83
$1.63
Q2 24
$2.34
$1.64

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
WAB
WAB
Cash + ST InvestmentsLiquidity on hand
$492.0M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$3.8B
$11.1B
Total Assets
$8.6B
$23.2B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
WAB
WAB
Q1 26
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
Total Debt
CASY
CASY
WAB
WAB
Q1 26
$4.7B
Q4 25
$5.5B
Q3 25
$5.3B
Q2 25
$2.4B
$4.8B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$1.6B
$4.0B
Stockholders' Equity
CASY
CASY
WAB
WAB
Q1 26
$11.1B
Q4 25
$3.8B
$11.1B
Q3 25
$3.6B
$11.0B
Q2 25
$3.5B
$10.8B
Q1 25
$3.4B
$10.4B
Q4 24
$3.3B
$10.1B
Q3 24
$3.2B
$10.3B
Q2 24
$3.0B
$10.5B
Total Assets
CASY
CASY
WAB
WAB
Q1 26
$23.2B
Q4 25
$8.6B
$22.1B
Q3 25
$8.4B
$21.5B
Q2 25
$8.2B
$20.4B
Q1 25
$8.2B
$19.1B
Q4 24
$7.7B
$18.7B
Q3 24
$6.5B
$18.6B
Q2 24
$6.3B
$18.9B
Debt / Equity
CASY
CASY
WAB
WAB
Q1 26
0.42×
Q4 25
0.50×
Q3 25
0.48×
Q2 25
0.69×
0.44×
Q1 25
0.39×
Q4 24
0.39×
Q3 24
0.39×
Q2 24
0.52×
0.38×

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
WAB
WAB
Operating Cash FlowLast quarter
$347.1M
$199.0M
Free Cash FlowOCF − Capex
$176.0M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.68×
0.55×
TTM Free Cash FlowTrailing 4 quarters
$682.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
WAB
WAB
Q1 26
$199.0M
Q4 25
$347.1M
$992.0M
Q3 25
$372.4M
$367.0M
Q2 25
$333.9M
$209.0M
Q1 25
$204.9M
$191.0M
Q4 24
$270.7M
$723.0M
Q3 24
$281.4M
$542.0M
Q2 24
$288.4M
$235.0M
Free Cash Flow
CASY
CASY
WAB
WAB
Q1 26
Q4 25
$176.0M
$870.0M
Q3 25
$262.4M
$312.0M
Q2 25
$153.1M
$170.0M
Q1 25
$90.7M
$147.0M
Q4 24
$160.0M
$639.0M
Q3 24
$180.8M
$496.0M
Q2 24
$92.1M
$189.0M
FCF Margin
CASY
CASY
WAB
WAB
Q1 26
Q4 25
3.9%
29.3%
Q3 25
5.7%
10.8%
Q2 25
3.8%
6.3%
Q1 25
2.3%
5.6%
Q4 24
4.1%
24.7%
Q3 24
4.4%
18.6%
Q2 24
2.6%
7.1%
Capex Intensity
CASY
CASY
WAB
WAB
Q1 26
Q4 25
3.8%
4.1%
Q3 25
2.4%
1.9%
Q2 25
4.5%
1.4%
Q1 25
2.9%
1.7%
Q4 24
2.8%
3.3%
Q3 24
2.5%
1.7%
Q2 24
5.5%
1.7%
Cash Conversion
CASY
CASY
WAB
WAB
Q1 26
0.55×
Q4 25
1.68×
4.91×
Q3 25
1.73×
1.18×
Q2 25
3.40×
0.62×
Q1 25
2.35×
0.59×
Q4 24
1.50×
3.41×
Q3 24
1.56×
1.92×
Q2 24
3.31×
0.81×

Financial Flow Comparison

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

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