vs
Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and Williams Companies (WMB). 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 $3.8B, roughly 1.2× Williams Companies). Williams Companies runs the higher net margin — 19.1% vs 4.6%, a 14.5% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 12.7%). CASEYS GENERAL STORES INC produced more free cash flow last quarter ($176.0M vs $-379.0M). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 7.3%).
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...
The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.
CASY vs WMB — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.5B | $3.8B |
| Net Profit | $206.3M | $734.0M |
| Gross Margin | — | — |
| Operating Margin | 6.1% | 27.3% |
| Net Margin | 4.6% | 19.1% |
| Revenue YoY | 14.2% | 12.7% |
| Net Profit YoY | 14.0% | 51.0% |
| EPS (diluted) | $5.53 | $0.60 |
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 | $3.8B | ||
| Q3 25 | $4.6B | $3.5B | ||
| Q2 25 | $4.0B | $3.4B | ||
| Q1 25 | $3.9B | $4.2B | ||
| Q4 24 | $3.9B | $3.4B | ||
| Q3 24 | $4.1B | $3.0B | ||
| Q2 24 | $3.6B | $2.8B | ||
| Q1 24 | $3.3B | $3.3B |
| Q4 25 | $206.3M | $734.0M | ||
| Q3 25 | $215.4M | $647.0M | ||
| Q2 25 | $98.3M | $546.0M | ||
| Q1 25 | $87.1M | $691.0M | ||
| Q4 24 | $180.9M | $486.0M | ||
| Q3 24 | $180.2M | $706.0M | ||
| Q2 24 | $87.0M | $401.0M | ||
| Q1 24 | $86.9M | $632.0M |
| Q4 25 | 6.1% | 27.3% | ||
| Q3 25 | 6.1% | 31.8% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | 2.8% | 26.1% | ||
| Q4 24 | 6.1% | 23.2% | ||
| Q3 24 | 5.8% | 27.6% | ||
| Q2 24 | — | 24.4% | ||
| Q1 24 | 3.4% | 30.3% |
| Q4 25 | 4.6% | 19.1% | ||
| Q3 25 | 4.7% | 18.5% | ||
| Q2 25 | 2.5% | 16.2% | ||
| Q1 25 | 2.2% | 16.5% | ||
| Q4 24 | 4.6% | 14.2% | ||
| Q3 24 | 4.4% | 23.3% | ||
| Q2 24 | 2.4% | 14.1% | ||
| Q1 24 | 2.6% | 18.9% |
| Q4 25 | $5.53 | $0.60 | ||
| Q3 25 | $5.77 | $0.53 | ||
| Q2 25 | $2.63 | $0.45 | ||
| Q1 25 | $2.33 | $0.56 | ||
| Q4 24 | $4.85 | $0.39 | ||
| Q3 24 | $4.83 | $0.58 | ||
| Q2 24 | $2.34 | $0.33 | ||
| Q1 24 | $2.33 | $0.52 |
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 | — |
| Total DebtLower is stronger | — | $27.3B |
| Stockholders' EquityBook value | $3.8B | $12.8B |
| Total Assets | $8.6B | $58.6B |
| Debt / EquityLower = less leverage | — | 2.13× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q4 25 | — | $27.3B | ||
| Q3 25 | — | $25.6B | ||
| Q2 25 | $2.4B | $25.6B | ||
| Q1 25 | — | $24.1B | ||
| Q4 24 | — | $24.7B | ||
| Q3 24 | — | $24.8B | ||
| Q2 24 | $1.6B | $24.1B | ||
| Q1 24 | — | $24.1B |
| Q4 25 | $3.8B | $12.8B | ||
| Q3 25 | $3.6B | $12.5B | ||
| Q2 25 | $3.5B | $12.4B | ||
| Q1 25 | $3.4B | $12.5B | ||
| Q4 24 | $3.3B | $12.4B | ||
| Q3 24 | $3.2B | $12.4B | ||
| Q2 24 | $3.0B | $12.3B | ||
| Q1 24 | $2.9B | $12.4B |
| Q4 25 | $8.6B | $58.6B | ||
| Q3 25 | $8.4B | $55.7B | ||
| Q2 25 | $8.2B | $56.1B | ||
| Q1 25 | $8.2B | $54.9B | ||
| Q4 24 | $7.7B | $54.5B | ||
| Q3 24 | $6.5B | $53.8B | ||
| Q2 24 | $6.3B | $52.4B | ||
| Q1 24 | $6.2B | $52.7B |
| Q4 25 | — | 2.13× | ||
| Q3 25 | — | 2.04× | ||
| Q2 25 | 0.69× | 2.06× | ||
| Q1 25 | — | 1.93× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 2.00× | ||
| Q2 24 | 0.52× | 1.96× | ||
| Q1 24 | — | 1.94× |
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 | $1.6B |
| Free Cash FlowOCF − Capex | $176.0M | $-379.0M |
| FCF MarginFCF / Revenue | 3.9% | -9.9% |
| Capex IntensityCapex / Revenue | 3.8% | 50.9% |
| Cash ConversionOCF / Net Profit | 1.68× | 2.15× |
| TTM Free Cash FlowTrailing 4 quarters | $682.2M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $347.1M | $1.6B | ||
| Q3 25 | $372.4M | $1.4B | ||
| Q2 25 | $333.9M | $1.4B | ||
| Q1 25 | $204.9M | $1.4B | ||
| Q4 24 | $270.7M | $1.2B | ||
| Q3 24 | $281.4M | $1.2B | ||
| Q2 24 | $288.4M | $1.3B | ||
| Q1 24 | $122.8M | $1.2B |
| Q4 25 | $176.0M | $-379.0M | ||
| Q3 25 | $262.4M | $485.0M | ||
| Q2 25 | $153.1M | $478.0M | ||
| Q1 25 | $90.7M | $421.0M | ||
| Q4 24 | $160.0M | $450.0M | ||
| Q3 24 | $180.8M | $561.0M | ||
| Q2 24 | $92.1M | $700.0M | ||
| Q1 24 | $-27.0M | $690.0M |
| Q4 25 | 3.9% | -9.9% | ||
| Q3 25 | 5.7% | 13.9% | ||
| Q2 25 | 3.8% | 14.2% | ||
| Q1 25 | 2.3% | 10.1% | ||
| Q4 24 | 4.1% | 13.2% | ||
| Q3 24 | 4.4% | 18.5% | ||
| Q2 24 | 2.6% | 24.6% | ||
| Q1 24 | -0.8% | 20.7% |
| Q4 25 | 3.8% | 50.9% | ||
| Q3 25 | 2.4% | 27.3% | ||
| Q2 25 | 4.5% | 28.8% | ||
| Q1 25 | 2.9% | 24.2% | ||
| Q4 24 | 2.8% | 22.5% | ||
| Q3 24 | 2.5% | 22.5% | ||
| Q2 24 | 5.5% | 20.3% | ||
| Q1 24 | 4.5% | 16.3% |
| Q4 25 | 1.68× | 2.15× | ||
| Q3 25 | 1.73× | 2.22× | ||
| Q2 25 | 3.40× | 2.66× | ||
| Q1 25 | 2.35× | 2.07× | ||
| Q4 24 | 1.50× | 2.51× | ||
| Q3 24 | 1.56× | 1.76× | ||
| Q2 24 | 3.31× | 3.19× | ||
| Q1 24 | 1.41× | 1.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASY
Segment breakdown not available.
WMB
| Services | $2.2B | 57% |
| Natural Gas Us Regulated | $740.0M | 19% |
| West | $730.0M | 19% |
| Non Regulated Service Commodity Consideration | $51.0M | 1% |
| Natural Gas Gathering Transportation Marketing And Processing | $45.0M | 1% |
| Affiliated Entity | $23.0M | 1% |
| Other | $14.0M | 0% |
| Other Service | $11.0M | 0% |
