Casey's General Stores (CASY) FY2016 results: revenue $7.1 billion, down 8.3% on the year
Casey's General Stores, Inc. (CASY) reported revenue of $7.1 billion for fiscal 2016, the year ended 30 April 2016, down 8.3% on the year before. Net income was $226 million, up 25.1%, and diluted earnings per share $5.73. The figures are the company's own, from the 10-K it filed with the SEC on 29 June 2018.
Revenue
$7.1 billion
-8.3% on the year
FY2009FY2016
Operating margin
7.9%
6.2% a year earlier
FY2009FY2016
Net income
$226 million
+25.1% on the year
FY2009FY2016
Diluted EPS
$5.73
+24.0% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
7,122
7,767
7,840
-8.3%
Cost of revenue
5,508
6,327
6,606
-12.9%
Gross profit
1,614
1,440
1,222
+12.1%
Gross margin
22.7%
18.5%
15.6%
Operating income
560
479
377
+16.8%
Operating margin
7.9%
6.2%
4.8%
Interest expense
40.2
41.2
39.9
-2.6%
Pre-tax income
349
282
194
+23.6%
Income tax
123
101
66.8
+21.0%
Effective tax rate
35.2%
36.0%
34.5%
Net income
226
181
127
+25.1%
Net margin
3.2%
2.3%
1.6%
Diluted EPS
$5.73
$4.62
$3.26
+24.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
472
349
314
+35.5%
Capital expenditure
393
361
309
+8.9%
Free cash flow
79.5
-12.1
5.5
Free cash flow margin
1.1%
-0.2%
0.1%
Cash from investing
-395
-399
-337
Cash from financing
-50.2
-22.6
103
Depreciation and amortisation
171
156
131
+9.5%
Share-based compensation
7.4
7.3
5.6
+1.5%
Buybacks
0.0
0.0
n/a
Dividends paid
33.5
30.2
27.1
+11.1%
Dividend per share
$0.88
$0.80
$0.72
+10.0%
Diluted shares, weighted
39m
39m
39m
+0.8%
Shares outstanding at period end
39m
39m
39m
+0.4%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,083
875
703
+23.8%
Debt
838
854
854
-1.8%
Other liabilities
804
741
747
+8.5%
Total liabilities and equity
2,726
2,470
2,305
+10.4%
Fixed assets
2,252
2,019
1,779
+11.5%
Goodwill
129
127
120
+1.2%
Cash and equivalents
75.8
48.5
122
+56.1%
Receivables
27.7
22.6
25.8
+22.5%
Inventory
205
197
205
+3.9%
Other assets
36.6
55.1
53.2
-33.5%
Total assets
2,726
2,470
2,305
+10.4%
10-K for the year ended 30 April 2016, filed 29 June 2018: the filing.