Casey's General Stores (CASY) FY2020 results: revenue $9.2 billion, down 1.9% on the year
Casey's General Stores, Inc. (CASY) reported revenue of $9.2 billion for fiscal 2020, the year ended 30 April 2020, down 1.9% on the year before. Net income was $264 million, up 29.4%, and diluted earnings per share $7.10. The figures are the company's own, from the 10-K it filed with the SEC on 26 June 2020.
Revenue
$9.2 billion
-1.9% on the year
FY2013FY2020
Operating margin
7.0%
6.0% a year earlier
FY2013FY2020
Net income
$264 million
+29.4% on the year
FY2013FY2020
Diluted EPS
$7.10
+28.9% on the year
FY2013FY2020
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Revenue
9,175
9,353
8,391
-1.9%
Cost of revenue
7,031
7,398
6,622
-5.0%
Gross profit
2,145
1,955
1,769
+9.7%
Gross margin
23.4%
20.9%
21.1%
Operating income
647
563
486
+14.8%
Operating margin
7.0%
6.0%
5.8%
Interest expense
53.4
55.7
50.9
-4.0%
Pre-tax income
n/a
263
214
Income tax
78.2
59.5
-103
+31.4%
Effective tax rate
n/a
22.6%
-48.3%
Net income
264
204
318
+29.4%
Net margin
2.9%
2.2%
3.8%
Diluted EPS
$7.10
$5.51
$8.34
+28.9%
$ 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
FY2020
FY2019
FY2018
On the year
Last 8 years
Operating cash flow
504
531
420
-5.0%
Capital expenditure
439
395
577
+11.2%
Free cash flow
65.3
136
-158
-51.9%
Free cash flow margin
0.7%
1.5%
-1.9%
Cash from investing
-467
-458
-609
Cash from financing
-22.7
-63.2
166
Depreciation and amortisation
251
244
221
+2.8%
Share-based compensation
18.1
16.4
18.8
+10.5%
Buybacks
0.0
37.5
215
Dividends paid
46.0
41.4
38.8
+10.9%
Dividend per share
$1.28
$1.16
$1.04
+10.3%
Diluted shares, weighted
37m
37m
38m
+0.6%
Shares outstanding at period end
37m
37m
37m
+0.4%
Balance sheet
$ million
FY2020
FY2019
FY2018
On the year
Last 8 years
Shareholders' equity
1,643
1,409
1,271
+16.6%
Debt
1,405
1,375
1,347
+2.1%
Other liabilities
896
947
852
-5.4%
Total liabilities and equity
3,944
3,731
3,470
+5.7%
Fixed assets
3,324
3,122
2,903
+6.4%
Goodwill
161
157
140
+2.5%
Cash and equivalents
78.3
63.3
53.7
+23.7%
Receivables
48.5
37.9
45.0
+28.1%
Inventory
236
273
242
-13.6%
Other assets
96.2
77.5
86.4
+24.1%
Total assets
3,944
3,731
3,470
+5.7%
10-K for the year ended 30 April 2020, filed 26 June 2020: the filing.