Casey's General Stores (CASY) Cash Flow: Operating & Free Cash Flow

Casey's General Stores (CASY) Cash Flow Statement

In fiscal 2026 (fiscal year ended Apr 30, 2026), Casey's General Stores generated $1.38B of operating cash flow and spent $655.92M on capital expenditures. That left free cash flow of $721.62M, up 23.4% from $584.63M a year earlier, or 4.1% of revenue. It returned $283.64M to shareholders through $83.14M in dividends and $200.50M in share buybacks.

Casey's General Stores Cash Flow Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for Casey's General Stores, Inc. (CASY) - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Apr 2026	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017
Operating Activities
Net Income	0.71	0.55	0.50	0.45	0.34	0.31	0.26	0.20	0.32	0.18
Depreciation & Amortization	0.45	0.40	0.35	0.31	0.30	0.27	0.25	0.24	0.22	0.20
Deferred Income Tax	0.09	0.06	0.05	0.02	0.08	0.00	0.05	0.05	-0.10	0.05
Stock Based Compensation	0.06	0.05	0.04	0.05	0.04	0.03	0.02	0.02	0.02	0.01
Change in Working Capital	0.02	0.01	-0.07	0.02	0.00	0.18	-0.08	0.02	-0.04	0.03
Change in Accounts Receivable	-0.06	0.00	-0.03	-0.01	-0.03	-0.03	-0.01	0.01	0.00	-0.02
Change in Inventory	-0.09	-0.01	-0.05	0.00	-0.10	-0.05	0.04	-0.03	-0.04	0.00
Change in Accounts Payable	0.16	-0.02	-0.01	-0.01	0.17	0.17	-0.14	0.01	0.01	0.04
Change in Other Working Capital	-0.01	0.00	0.02	0.00	0.02	0.09	0.03	0.03	-0.02	0.00
Other Operating Activities	0.13	0.09	0.02	0.06	0.02	0.01	0.00	0.00	0.00	0.00
Net Cash from Operating Activities	1.38	1.09	0.89	0.88	0.79	0.80	0.50	0.53	0.42	0.46
Investing Activities
Capital Expenditures	-0.66	-0.51	-0.52	-0.48	-0.33	-0.44	-0.44	-0.39	-0.58	-0.43
Acquisitions	-0.14	-1.24	-0.33	-0.09	-0.90	-0.01	-0.03	-0.07	-0.04	-0.03
Other Investing Activities	0.04	0.02	0.03	0.02	0.07	0.01	0.01	0.01	0.01	0.00
Net Cash from Investing Activities	-0.76	-1.73	-0.83	-0.55	-1.16	-0.44	-0.47	-0.46	-0.61	-0.45
Financing Activities
Debt Repayment	-0.09	-0.24	-0.05	-0.04	-0.19	-0.04	0.03	0.02	0.42	0.09
Common Stock Repurchased	-0.20	0.00	-0.10	-0.02	-0.02	-0.01	-0.01	-0.04	-0.21	-0.05
Dividends Paid	-0.08	-0.07	-0.06	-0.06	-0.05	-0.05	-0.05	-0.04	-0.04	-0.04
Other Financing Activities	-0.05	-0.01	-0.02	0.00	-0.02	0.00	0.00	0.00	0.00	0.00
Net Cash from Financing Activities	-0.43	0.76	-0.24	-0.12	0.19	-0.10	-0.02	-0.06	0.17	0.00
Summary
Net Change in Cash	0.20	0.12	-0.17	0.22	-0.18	0.26	0.01	0.01	-0.02	0.00
Cash at Beginning of Period	0.33	0.21	0.38	0.16	0.34	0.08	0.06	0.05	0.08	0.08
Cash at End of Period	0.52	0.33	0.21	0.38	0.16	0.34	0.08	0.06	0.05	0.08
Free Cash Flow	0.72	0.58	0.37	0.41	0.46	0.36	0.07	0.14	-0.16	0.03
Supplemental Disclosures
Interest Paid	-	0.09	0.06	0.06	0.05	0.05	-	-	-	-
Income Taxes Paid	-	0.09	0.11	0.09	0.05	0.08	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Casey's General Stores Cash Flow

What is Casey's General Stores's free cash flow?

Casey's General Stores generated free cash flow of $721.62M in fiscal 2026 (fiscal year ended Apr 30, 2026), operating cash flow of $1.38B minus $655.92M of capital expenditures. That was up 23.4% from $584.63M a year earlier. Free cash flow equaled 4.1% of revenue.

How much does Casey's General Stores spend on capital expenditures?

Casey's General Stores spent $655.92M on capital expenditures in fiscal 2026, compared with $506.22M a year earlier. That equals 47.6% of operating cash flow.

Does Casey's General Stores pay dividends or buy back shares?

Yes. In fiscal 2026 Casey's General Stores returned $83.14M in dividends and $200.50M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition