Casey's General Stores (STU:CS2) Asset Turnover: 0.52 (As of Apr. 2026)


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 Asset Turnover?

Casey's General Stores STU:CS2 +0.61% 69 Asset Turnover is 0.52 as of Apr. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Casey's General Stores's Revenue for the three months ended in Apr. 2026 was €3,909 Mil. Casey's General Stores's Total Assets for the quarter that ended in Apr. 2026 was €7,473 Mil. Therefore, Casey's General Stores's Asset Turnover for the quarter that ended in Apr. 2026 was 0.52.

Asset Turnover is linked to ROE % through Du Pont Formula. Casey's General Stores's annualized ROE % for the quarter that ended in Apr. 2026 was 16.71%. It is also linked to ROA % through Du Pont Formula. Casey's General Stores's annualized ROA % for the quarter that ended in Apr. 2026 was 7.44%.


Casey's General Stores  (STU:CS2) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

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

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
=7.44 %*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.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Casey's General Stores's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=556.38/7473.4
=(Net Income / Revenue)*(Revenue / Total Assets)
=(556.38 / 15635.484)*(15635.484 / 7473.4)
=Net Margin %*Asset Turnover
=3.56 %*2.0922
=7.44 %

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.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Casey's General Stores Asset Turnover Related Terms


Casey's General Stores Asset Turnover Historical Data

* Premium members only.

The historical data trend for Casey's General Stores's Asset Turnover 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 Asset Turnover Chart

Casey's General Stores Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 2.62 2.44 2.15 2.01

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
Asset Turnover 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 0.47 0.54 0.53 0.45 0.52

STU:CS2 vs WSM, ULTA, DKS: Asset Turnover Comparison

For the Specialty Retail subindustry, Casey's General Stores's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Retail - Cyclical Industry

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

* The bar in red indicates where Casey's General Stores's Asset Turnover falls into.


STU:CS2
69GF Score
Casey's General Stores Inc STU:CS2
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Casey's General Stores Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Casey's General Stores's Asset Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=15014.741/( (7305.225+7640.327)/ 2 )
=15014.741/7472.776
=2.01

Casey's General Stores's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=3908.871/( (7306.473+7640.327)/ 2 )
=3908.871/7473.4
=0.52

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.52 mean?
Casey's General Stores (STU:CS2) has a Asset Turnover of 0.52 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Casey's General Stores and its competitors.
Is Casey's General Stores' Asset Turnover too high?
Casey's General Stores' current Asset Turnover is 0.52. 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' Asset Turnover compare to WSM and ULTA?
Casey's General Stores' Asset Turnover of 0.52 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Casey's General Stores and its competitors. Casey's General Stores's current Asset Turnover is 0.52. 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 Asset Turnover is 0.52. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Casey's General Stores (STU:CS2), the current Asset Turnover is 0.52 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:

  • Asset Turnover: 0.52
  • GF Value™: €382.06 vs. price of €729.80 (91% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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

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

€729.80
Price
€382.06
GF Value