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Casey's General Stores (Casey's General Stores) Net Income : $471 Mil (TTM As of Jan. 2024)


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What is Casey's General Stores Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Casey's General Stores's Net Income for the three months ended in Jan. 2024 was $87 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $471 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Casey's General Stores's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $2.33.


Casey's General Stores Net Income Historical Data

The historical data trend for Casey's General Stores's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Casey's General Stores Net Income Chart

Casey's General Stores Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.89 263.85 312.90 339.79 446.69

Casey's General Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.11 56.09 169.24 158.78 86.93

Casey's General Stores Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Casey's General Stores's Net Income for the fiscal year that ended in Apr. 2023 is calculated as

Net Income(A: Apr. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=587.518+-140.827+0+-5.6843418860808E-14
=447

Casey's General Stores's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=114.519+-27.586+0+0
=87

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $471 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Casey's General Stores  (NAS:CASY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Casey's General Stores's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Casey's General Stores Net Income Related Terms

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Casey's General Stores (Casey's General Stores) Business Description

Traded in Other Exchanges
Address
One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.
Executives
Mike Spanos director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Brennan Thomas P Jr officer: SVP, Chief Merch. Officer ONE SE CONVENIENCE BOULEVARD, ANKENY IA 50021
Sri Donthi director 5008 AIRPORT ROAD NW, ROANOKE VA 24021
Katrina S Lindsey officer: Chief Legal Officer & Sec. ONE SE CONVENIENCE BLVD., ANKENY IA 50021
Larree M Renda director
Greg Trojan director ONE ICON, FOOTHILL RANCH CA 92610
Julia L Jackowski officer: SVP, Corp Gen Counsel & HR CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., PO BOX 3001, ANKENY IA 50021
Diane C Bridgewater director 8161 HEATHER BOW, JOHNSTON IA 50131
Brian Joseph Johnson officer: SVP, Store Development CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., ANKENY IA 50021
Williams Ena Koschel officer: Chief Operating Officer 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Bramlage Stephen P Jr officer: Chief Financial Officer ARAMARK, 1101 MARKET STREET, PHILADELPHIA PA 19107
Adrian M Butler officer: Chief Information Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
William J Walljasper officer: Senior VP and CFO ONE CONVENIENCE BLVD, PO BOX 3001, ANKENY IA 50021
Chad Michael Frazell officer: SVP, Chief HR Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Allison M. Wing director 1909 HUMBOLDT AVENUE, MINNEAPOLIS MN 55403