Caseys General Stores Stock Net Income

CASY Stock  USD 426.69  1.19  0.28%   
Caseys General Stores fundamentals help investors to digest information that contributes to Caseys General's financial success or failures. It also enables traders to predict the movement of Caseys Stock. The fundamental analysis module provides a way to measure Caseys General's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Caseys General stock.
Last ReportedProjected for Next Year
Net Income502 M527.1 M
Net Income Applicable To Common Shares513.7 M539.4 M
Net Income From Continuing Ops502 M840.9 M
Net Income Per Share 13.51  14.18 
Net Income Per E B T 0.77  0.54 
At this time, Caseys General's Net Income is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 539.4 M in 2024, whereas Net Income Per E B T is likely to drop 0.54 in 2024.
  
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Caseys General Stores Company Net Income Analysis

Caseys General's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Caseys General Net Income

    
  501.97 M  
Most of Caseys General's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Caseys General Stores is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Caseys Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Caseys General is extremely important. It helps to project a fair market value of Caseys Stock properly, considering its historical fundamentals such as Net Income. Since Caseys General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Caseys General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Caseys General's interrelated accounts and indicators.

Caseys Net Income Historical Pattern

Today, most investors in Caseys General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Caseys General's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Caseys General net income as a starting point in their analysis.
   Caseys General Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Caseys Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

0.0

At this time, Caseys General's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Caseys General Stores reported net income of 501.97 M. This indicator is about the same for the Consumer Staples Distribution & Retail average (which is currently at 510.65 M) sector and 41.32% lower than that of the Consumer Staples industry. The net income for all United States stocks is 12.09% higher than that of the company.

Caseys Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Caseys General's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Caseys General could also be used in its relative valuation, which is a method of valuing Caseys General by comparing valuation metrics of similar companies.
Caseys General is currently under evaluation in net income category among its peers.

Caseys General ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Caseys General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Caseys General's managers, analysts, and investors.
Environmental
Governance
Social

Caseys General Institutional Holders

Institutional Holdings refers to the ownership stake in Caseys General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Caseys General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Caseys General's value.
Shares
Franklin Resources Inc2024-09-30
524.2 K
Dimensional Fund Advisors, Inc.2024-09-30
485.4 K
Norges Bank2024-06-30
447.6 K
Macquarie Group Ltd2024-06-30
440.7 K
Envestnet Asset Management Inc2024-09-30
434.5 K
Brown Advisory Holdings Inc2024-09-30
400.9 K
Congress Asset Management Company, Llp2024-09-30
380.3 K
Bank Of New York Mellon Corp2024-06-30
368.9 K
Citadel Advisors Llc2024-09-30
343.9 K
Vanguard Group Inc2024-09-30
3.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
3.3 M

Caseys Fundamentals

About Caseys General Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Caseys General Stores's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Caseys General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caseys General Stores based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Caseys Stock Analysis

When running Caseys General's price analysis, check to measure Caseys General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.