Casey's General Stores (CASY) FY2019 results: revenue $9.4 billion, up 11.5% on the year
Casey's General Stores, Inc. (CASY) reported revenue of $9.4 billion for fiscal 2019, the year ended 30 April 2019, up 11.5% on the year before. Net income was $204 million, down 35.9%, and diluted earnings per share $5.51. The figures are the company's own, from the 10-K it filed with the SEC on 28 June 2019.
Revenue
$9.4 billion
+11.5% on the year
FY2012FY2019
Operating margin
6.0%
5.8% a year earlier
FY2012FY2019
Net income
$204 million
-35.9% on the year
FY2012FY2019
Diluted EPS
$5.51
-33.9% on the year
FY2012FY2019
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Revenue
9,353
8,391
7,507
+11.5%
Cost of revenue
7,398
6,622
5,825
+11.7%
Gross profit
1,955
1,769
1,681
+10.5%
Gross margin
20.9%
21.1%
22.4%
Operating income
563
486
509
+15.9%
Operating margin
6.0%
5.8%
6.8%
Interest expense
55.7
50.9
41.5
+9.3%
Pre-tax income
263
214
270
+22.8%
Income tax
59.5
-103
92.2
Effective tax rate
22.6%
-48.3%
34.2%
Net income
204
318
177
-35.9%
Net margin
2.2%
3.8%
2.4%
Diluted EPS
$5.51
$8.34
$4.48
-33.9%
$ 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
FY2019
FY2018
FY2017
On the year
Last 8 years
Operating cash flow
531
420
459
+26.4%
Capital expenditure
395
577
433
-31.6%
Free cash flow
136
-158
25.9
Free cash flow margin
1.5%
-1.9%
0.3%
Cash from investing
-458
-609
-455
Cash from financing
-63.2
166
-3.6
Depreciation and amortisation
244
221
198
+10.6%
Share-based compensation
16.4
18.8
10.7
-12.7%
Buybacks
37.5
215
47.9
-82.5%
Dividends paid
41.4
38.8
36.8
+6.8%
Dividend per share
$1.16
$1.04
$0.96
+11.5%
Diluted shares, weighted
37m
38m
40m
-3.0%
Shares outstanding at period end
37m
37m
39m
-0.6%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
1,409
1,271
1,191
+10.8%
Debt
1,375
1,347
923
+2.1%
Other liabilities
947
852
907
+11.2%
Total liabilities and equity
3,731
3,470
3,020
+7.5%
Fixed assets
3,122
2,903
2,513
+7.6%
Goodwill
157
140
133
+12.1%
Cash and equivalents
63.3
53.7
76.7
+17.9%
Receivables
37.9
45.0
43.2
-16.0%
Inventory
273
242
202
+13.0%
Other assets
77.5
86.4
52.5
-10.2%
Total assets
3,731
3,470
3,020
+7.5%
10-K for the year ended 30 April 2019, filed 28 June 2019: the filing.