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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and WEC Energy Group (WEC). 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 $2.5B, roughly 1.8× WEC Energy Group). WEC Energy Group runs the higher net margin — 12.5% vs 4.6%, a 7.9% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 11.1%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs -2.7%).

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...

WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.

CASY vs WEC — Head-to-Head

Bigger by revenue
CASY
CASY
1.8× larger
CASY
$4.5B
$2.5B
WEC
Growing faster (revenue YoY)
CASY
CASY
+3.1% gap
CASY
14.2%
11.1%
WEC
Higher net margin
WEC
WEC
7.9% more per $
WEC
12.5%
4.6%
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
-2.7%
WEC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
CASY
CASY
WEC
WEC
Revenue
$4.5B
$2.5B
Net Profit
$206.3M
$316.8M
Gross Margin
63.7%
Operating Margin
6.1%
17.9%
Net Margin
4.6%
12.5%
Revenue YoY
14.2%
11.1%
Net Profit YoY
14.0%
-30.1%
EPS (diluted)
$5.53

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
WEC
WEC
Q4 25
$4.5B
$2.5B
Q3 25
$4.6B
$2.1B
Q2 25
$4.0B
$2.0B
Q1 25
$3.9B
$3.1B
Q4 24
$3.9B
$2.3B
Q3 24
$4.1B
$1.9B
Q2 24
$3.6B
$1.8B
Q1 24
$3.3B
$2.7B
Net Profit
CASY
CASY
WEC
WEC
Q4 25
$206.3M
$316.8M
Q3 25
$215.4M
$270.2M
Q2 25
$98.3M
$243.0M
Q1 25
$87.1M
$725.5M
Q4 24
$180.9M
$453.1M
Q3 24
$180.2M
$238.6M
Q2 24
$87.0M
$210.0M
Q1 24
$86.9M
$622.6M
Gross Margin
CASY
CASY
WEC
WEC
Q4 25
63.7%
Q3 25
71.1%
Q2 25
71.6%
Q1 25
63.0%
Q4 24
67.7%
Q3 24
72.1%
Q2 24
73.5%
Q1 24
65.4%
Operating Margin
CASY
CASY
WEC
WEC
Q4 25
6.1%
17.9%
Q3 25
6.1%
21.4%
Q2 25
20.1%
Q1 25
2.8%
29.8%
Q4 24
6.1%
25.9%
Q3 24
5.8%
20.6%
Q2 24
20.6%
Q1 24
3.4%
30.3%
Net Margin
CASY
CASY
WEC
WEC
Q4 25
4.6%
12.5%
Q3 25
4.7%
12.8%
Q2 25
2.5%
12.1%
Q1 25
2.2%
23.0%
Q4 24
4.6%
19.8%
Q3 24
4.4%
12.8%
Q2 24
2.4%
11.9%
Q1 24
2.6%
23.2%
EPS (diluted)
CASY
CASY
WEC
WEC
Q4 25
$5.53
Q3 25
$5.77
Q2 25
$2.63
Q1 25
$2.33
Q4 24
$4.85
Q3 24
$4.83
Q2 24
$2.34
Q1 24
$2.33

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
WEC
WEC
Cash + ST InvestmentsLiquidity on hand
$492.0M
$27.6M
Total DebtLower is stronger
$20.0B
Stockholders' EquityBook value
$3.8B
$14.1B
Total Assets
$8.6B
$51.5B
Debt / EquityLower = less leverage
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
WEC
WEC
Q4 25
$492.0M
$27.6M
Q3 25
$458.1M
$51.1M
Q2 25
$326.7M
$23.0M
Q1 25
$394.8M
$82.2M
Q4 24
$351.7M
$9.8M
Q3 24
$305.0M
$322.5M
Q2 24
$206.5M
$224.0M
Q1 24
$177.9M
$38.9M
Total Debt
CASY
CASY
WEC
WEC
Q4 25
$20.0B
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
$18.9B
Q3 24
$16.9B
Q2 24
$1.6B
$16.9B
Q1 24
$15.4B
Stockholders' Equity
CASY
CASY
WEC
WEC
Q4 25
$3.8B
$14.1B
Q3 25
$3.6B
$14.0B
Q2 25
$3.5B
$13.7B
Q1 25
$3.4B
$13.4B
Q4 24
$3.3B
$12.8B
Q3 24
$3.2B
$12.4B
Q2 24
$3.0B
$12.4B
Q1 24
$2.9B
$12.4B
Total Assets
CASY
CASY
WEC
WEC
Q4 25
$8.6B
$51.5B
Q3 25
$8.4B
$49.8B
Q2 25
$8.2B
$48.5B
Q1 25
$8.2B
$48.2B
Q4 24
$7.7B
$47.4B
Q3 24
$6.5B
$45.2B
Q2 24
$6.3B
$44.6B
Q1 24
$6.2B
$43.9B
Debt / Equity
CASY
CASY
WEC
WEC
Q4 25
1.42×
Q3 25
Q2 25
0.69×
Q1 25
Q4 24
1.48×
Q3 24
1.36×
Q2 24
0.52×
1.36×
Q1 24
1.24×

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
WEC
WEC
Operating Cash FlowLast quarter
$347.1M
$424.6M
Free Cash FlowOCF − Capex
$176.0M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.68×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$682.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
WEC
WEC
Q4 25
$347.1M
$424.6M
Q3 25
$372.4M
$938.9M
Q2 25
$333.9M
$853.3M
Q1 25
$204.9M
$1.2B
Q4 24
$270.7M
$581.8M
Q3 24
$281.4M
$729.0M
Q2 24
$288.4M
$1.0B
Q1 24
$122.8M
$863.6M
Free Cash Flow
CASY
CASY
WEC
WEC
Q4 25
$176.0M
Q3 25
$262.4M
$-625.7M
Q2 25
$153.1M
$23.9M
Q1 25
$90.7M
$461.5M
Q4 24
$160.0M
Q3 24
$180.8M
$-67.3M
Q2 24
$92.1M
$343.5M
Q1 24
$-27.0M
$419.1M
FCF Margin
CASY
CASY
WEC
WEC
Q4 25
3.9%
Q3 25
5.7%
-29.7%
Q2 25
3.8%
1.2%
Q1 25
2.3%
14.7%
Q4 24
4.1%
Q3 24
4.4%
-3.6%
Q2 24
2.6%
19.4%
Q1 24
-0.8%
15.6%
Capex Intensity
CASY
CASY
WEC
WEC
Q4 25
3.8%
Q3 25
2.4%
74.4%
Q2 25
4.5%
41.3%
Q1 25
2.9%
22.3%
Q4 24
2.8%
Q3 24
2.5%
42.7%
Q2 24
5.5%
39.2%
Q1 24
4.5%
16.6%
Cash Conversion
CASY
CASY
WEC
WEC
Q4 25
1.68×
1.34×
Q3 25
1.73×
3.47×
Q2 25
3.40×
3.51×
Q1 25
2.35×
1.60×
Q4 24
1.50×
1.28×
Q3 24
1.56×
3.06×
Q2 24
3.31×
4.94×
Q1 24
1.41×
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CASY
CASY

Segment breakdown not available.

WEC
WEC

Wisconsin$1.9B73%
Illinois$441.2M17%
Other States$165.1M7%
External Revenues$74.0M3%
Otheroperatingrevenues$8.0M0%

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