Casey's General Stores (STU:CS2) ROE %: 16.71% (As of Apr. 2026) — Near Median


STU:CS2 Casey's General Stores Inc STU:CS2
69 GF Score
Price €729.80
GF Value €382.06
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Casey's General Stores ROE %?

Casey's General Stores STU:CS2 +0.61% 69 ROE % is 16.71% as of Apr. 2026, which is 4% below its 10-year median of 17.40. GuruFocus rates STU:CS2 with a GF Score™ of 69/100 and a GF Value™ of €382.06 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Casey's General Stores ranks better than 80.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Casey's General Stores's annualized net income for the quarter that ended in Apr. 2026 was €556 Mil. Casey's General Stores's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was €3,329 Mil. Therefore, Casey's General Stores's annualized ROE % for the quarter that ended in Apr. 2026 was 16.71%.

The historical rank and industry rank for Casey's General Stores's ROE % or its related term are showing as below:

STU:CS2' s ROE % Range Over the Past 10 Years
Min: 15.22   Med: 17.4   Max: 25.83
Current: 19.04

During the past 13 years, Casey's General Stores's highest ROE % was 25.83%. The lowest was 15.22%. And the median was 17.40%.

STU:CS2's ROE % is ranked better than
80.49% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 6.46 vs STU:CS2: 19.04

Casey's General Stores  (STU:CS2) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=556.38/3329.018
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(556.38 / 15635.484)*(15635.484 / 7473.4)*(7473.4 / 3329.018)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.56 %*2.0922*2.2449
=ROA %*Equity Multiplier
=7.45 %*2.2449
=16.71 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=556.38/3329.018
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (556.38 / 728.892) * (728.892 / 803.148) * (803.148 / 15635.484) * (15635.484 / 7473.4) * (7473.4 / 3329.018)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7633 * 0.9075 * 5.14 % * 2.0922 * 2.2449
=16.71 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Casey's General Stores ROE % Related Terms


Casey's General Stores ROE % Historical Data

* Premium members only.

The historical data trend for Casey's General Stores's ROE % 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.

Casey's General Stores ROE % Chart

Casey's General Stores Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.05 18.10 17.87 16.40 18.79

Casey's General Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROE % 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 10.90 23.65 22.18 13.52 16.71

STU:CS2 vs WSM, ULTA, DKS: ROE % Comparison

For the Specialty Retail subindustry, Casey's General Stores's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Casey's General Stores ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's ROE % distribution charts can be found below:

* The bar in red indicates where Casey's General Stores's ROE % falls into.


STU:CS2
69GF Score
Casey's General Stores Inc STU:CS2
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Casey's General Stores ROE % Calculation

Casey's General Stores's annualized ROE % for the fiscal year that ended in Apr. 2026 is calculated as

ROE %=Net Income (A: Apr. 2026 )/( (Total Stockholders Equity (A: Apr. 2025 )+Total Stockholders Equity (A: Apr. 2026 ))/ count )
=610.853/( (3122.716+3378.72)/ 2 )
=610.853/3250.718
=18.79 %

Casey's General Stores's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=556.38/( (3279.316+3378.72)/ 2 )
=556.38/3329.018
=16.71 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.71% mean?
Casey's General Stores (STU:CS2) has a ROE % of 16.71% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Casey's General Stores and its competitors. This is near median its historical median of 17.40. Over the past decade, Casey's General Stores' ROE % has ranged from 15.22 to 25.83. According to the industry distribution chart, Casey's General Stores ranks #214 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 19.5%.
Is Casey's General Stores' ROE % too high?
Casey's General Stores' current ROE % of 16.71% is near median its 10-year median of 17.40. Over the past 10 years, this metric has ranged from a low of 15.22 to a high of 25.83. The Retail - Cyclical industry median ROE % is 6.46. Casey's General Stores' value of 16.71% is 158.7% above this industry median. Based on the distribution chart, Casey's General Stores ranks #214 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Casey's General Stores has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' ROE % compare to WSM and ULTA?
According to the Retail - Cyclical industry distribution chart, Casey's General Stores ranks #214 out of 1097 companies for ROE %. This places Casey's General Stores in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.46. Casey's General Stores' value of 16.71% is 158.7% above this benchmark. Historically, Casey's General Stores' own ROE % has ranged from 15.22 to 25.83 over the past decade. While the company's 10-year median is 17.40 vs. the industry median of 6.46, Casey's General Stores has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Casey's General Stores's current ROE % of 16.71% is 158.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Casey's General Stores and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casey's General Stores's current ROE % is 16.71%, which is near median its own 10-year median of 17.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (STU:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €382.06, compared to a current price of €729.80 — trading 91% above its estimated fair value. The current ROE % is 16.71%, which is near median its 10-year median of 17.40 and 158.7% above the Retail - Cyclical industry median of 6.46. Casey's General Stores' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Casey's General Stores (STU:CS2), the current ROE % is 16.71% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Casey's General Stores (STU:CS2) Overvalued in 2026?

Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued. The current stock price of €729.80 is trading 91% above its estimated GF Value™ of €382.06. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for STU:CS2:

  • ROE %: 16.71% (near median its 10-year median of 17.40)
  • GF Value™: €382.06 vs. price of €729.80 (91% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 158.7% above the Retail - Cyclical median (#214 of 1097)

No single metric tells the full story. See the STU:CS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casey's General Stores Business Description

Other Exchanges CASY:USACASY:Mexico
Address One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
69GF Score

Get the complete analysis for STU:CS2

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€729.80
Price
€382.06
GF Value