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Side-by-side financial comparison of CASEYS GENERAL STORES INC (CASY) and W. R. Berkley Corporation (WRB). 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 $3.7B, roughly 1.2× W. R. Berkley Corporation). W. R. Berkley Corporation runs the higher net margin — 14.0% vs 4.6%, a 9.4% gap on every dollar of revenue. On growth, CASEYS GENERAL STORES INC posted the faster year-over-year revenue change (14.2% vs 4.0%). Over the past eight quarters, CASEYS GENERAL STORES INC's revenue compounded faster (16.3% CAGR vs 5.5%).

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...

William Robert Berkley is the founder and current chairman of W. R. Berkley Corporation and the chairman of the New York University Board of Trustees.

CASY vs WRB — Head-to-Head

Bigger by revenue
CASY
CASY
1.2× larger
CASY
$4.5B
$3.7B
WRB
Growing faster (revenue YoY)
CASY
CASY
+10.1% gap
CASY
14.2%
4.0%
WRB
Higher net margin
WRB
WRB
9.4% more per $
WRB
14.0%
4.6%
CASY
Faster 2-yr revenue CAGR
CASY
CASY
Annualised
CASY
16.3%
5.5%
WRB

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
CASY
CASY
WRB
WRB
Revenue
$4.5B
$3.7B
Net Profit
$206.3M
$515.2M
Gross Margin
Operating Margin
6.1%
Net Margin
4.6%
14.0%
Revenue YoY
14.2%
4.0%
Net Profit YoY
14.0%
EPS (diluted)
$5.53
$1.31

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
WRB
WRB
Q1 26
$3.7B
Q4 25
$4.5B
$3.7B
Q3 25
$4.6B
$3.8B
Q2 25
$4.0B
$3.7B
Q1 25
$3.9B
$3.5B
Q4 24
$3.9B
$3.7B
Q3 24
$4.1B
$3.4B
Q2 24
$3.6B
$3.3B
Net Profit
CASY
CASY
WRB
WRB
Q1 26
$515.2M
Q4 25
$206.3M
$449.5M
Q3 25
$215.4M
$511.0M
Q2 25
$98.3M
$401.3M
Q1 25
$87.1M
$417.6M
Q4 24
$180.9M
$576.1M
Q3 24
$180.2M
$365.6M
Q2 24
$87.0M
$371.9M
Operating Margin
CASY
CASY
WRB
WRB
Q1 26
Q4 25
6.1%
15.4%
Q3 25
6.1%
17.2%
Q2 25
14.2%
Q1 25
2.8%
15.2%
Q4 24
6.1%
19.9%
Q3 24
5.8%
14.0%
Q2 24
14.7%
Net Margin
CASY
CASY
WRB
WRB
Q1 26
14.0%
Q4 25
4.6%
12.1%
Q3 25
4.7%
13.6%
Q2 25
2.5%
10.9%
Q1 25
2.2%
11.8%
Q4 24
4.6%
15.7%
Q3 24
4.4%
10.8%
Q2 24
2.4%
11.2%
EPS (diluted)
CASY
CASY
WRB
WRB
Q1 26
$1.31
Q4 25
$5.53
$1.13
Q3 25
$5.77
$1.28
Q2 25
$2.63
$1.00
Q1 25
$2.33
$1.04
Q4 24
$4.85
$0.89
Q3 24
$4.83
$0.91
Q2 24
$2.34
$0.92

Balance Sheet & Financial Strength

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

Metric
CASY
CASY
WRB
WRB
Cash + ST InvestmentsLiquidity on hand
$492.0M
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.8B
Total Assets
$8.6B
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CASY
CASY
WRB
WRB
Q1 26
$2.1B
Q4 25
$492.0M
$2.5B
Q3 25
$458.1M
$2.4B
Q2 25
$326.7M
$2.0B
Q1 25
$394.8M
$1.7B
Q4 24
$351.7M
$2.0B
Q3 24
$305.0M
$1.6B
Q2 24
$206.5M
$1.6B
Total Debt
CASY
CASY
WRB
WRB
Q1 26
Q4 25
Q3 25
Q2 25
$2.4B
Q1 25
Q4 24
Q3 24
Q2 24
$1.6B
Stockholders' Equity
CASY
CASY
WRB
WRB
Q1 26
Q4 25
$3.8B
$9.7B
Q3 25
$3.6B
$9.8B
Q2 25
$3.5B
$9.3B
Q1 25
$3.4B
$8.9B
Q4 24
$3.3B
$8.4B
Q3 24
$3.2B
$8.4B
Q2 24
$3.0B
$7.8B
Total Assets
CASY
CASY
WRB
WRB
Q1 26
$44.3B
Q4 25
$8.6B
$44.1B
Q3 25
$8.4B
$43.7B
Q2 25
$8.2B
$42.7B
Q1 25
$8.2B
$41.3B
Q4 24
$7.7B
$40.6B
Q3 24
$6.5B
$40.4B
Q2 24
$6.3B
$38.9B
Debt / Equity
CASY
CASY
WRB
WRB
Q1 26
Q4 25
Q3 25
Q2 25
0.69×
Q1 25
Q4 24
Q3 24
Q2 24
0.52×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CASY
CASY
WRB
WRB
Q1 26
Q4 25
$347.1M
$995.1M
Q3 25
$372.4M
$1.1B
Q2 25
$333.9M
$703.8M
Q1 25
$204.9M
$743.8M
Q4 24
$270.7M
$810.0M
Q3 24
$281.4M
$1.2B
Q2 24
$288.4M
$881.3M
Free Cash Flow
CASY
CASY
WRB
WRB
Q1 26
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
FCF Margin
CASY
CASY
WRB
WRB
Q1 26
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%
Capex Intensity
CASY
CASY
WRB
WRB
Q1 26
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%
Cash Conversion
CASY
CASY
WRB
WRB
Q1 26
Q4 25
1.68×
2.21×
Q3 25
1.73×
2.23×
Q2 25
3.40×
1.75×
Q1 25
2.35×
1.78×
Q4 24
1.50×
1.41×
Q3 24
1.56×
3.39×
Q2 24
3.31×
2.37×

Financial Flow Comparison

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

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