Question 1

What is Casey's General Stores's EV/EBITDA ratio?

Accepted Answer

Casey's General Stores (CASY) EV/EBITDA ratio is 24.7× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Casey's General Stores?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Casey's General Stores specifically, the relevant sector benchmark is the current sector median of 13.4×.

Question 5

Is Casey's General Stores's EV/EBITDA ratio high or low?

Accepted Answer

Casey's General Stores's EV/EBITDA ratio of 24.7× is above its own 5-year average of 13.6× and above the sector median of 13.4×. That places the current reading at the 98th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Casey's General Stores's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Casey's General Stores (CASY) EV/EBITDA ratio has ranged from a low of 5.4× in 2009 to a high of 26.6× in 2026. The 5-year average is 13.6× and the 5-year median is 12.0×.

Question 7

What was Casey's General Stores's EV/EBITDA ratio in 2026?

Accepted Answer

Casey's General Stores (CASY) EV/EBITDA ratio at the end of 2026 was 23.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Casey's General Stores's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$30.5B	$1.39B	23.7×	+7.2×	Apr 30, 2026
2025	$17.2B	$1.2B	16.5×	+3.9×	Apr 30, 2025
2024	$11.8B	$1.06B	12.6×	+2.2×	Apr 30, 2024
2023	$8.68B	$952M	10.5×	-0.8×	Apr 30, 2023
2022	$7.48B	$801M	11.2×	-1.6×	Apr 30, 2022
2021	$8.25B	$719M	12.9×	+2.2×	Apr 30, 2021
2020	$5.6B	$647M	10.7×	-0.3×	Apr 30, 2020
2019	$4.86B	$563M	11.0×	+0.9×	Apr 30, 2019
2018	$3.6B	$486M	10.1×	-0.1×	Apr 30, 2018
2017	$4.34B	$509M	10.2×	+1.0×	Apr 30, 2017
2016	$4.37B	$560M	9.2×	+0.8×	Apr 30, 2016
2015	$3.19B	$480M	8.3×	-0.8×	Apr 30, 2015
2014	$2.64B	$368M	9.2×	+0.2×	Apr 30, 2014
2013	$2.22B	$322M	9.0×	+0.2×	Apr 30, 2013
2012	$2.15B	$316M	8.8×	+0.8×	Apr 30, 2012
2011	$1.48B	$263M	8.0×	+0.5×	Apr 30, 2011
2010	$1.97B	$266M	7.5×	+1.1×	Apr 30, 2010
2009	$1.35B	$219M	6.4×	+0.8×	Apr 30, 2009
2008	$1.12B	$212M	5.6×	-2.4×	Apr 30, 2008
2007	$1.26B	$174M	8.0×	+1.0×	Apr 30, 2007
2006	$1.09B	$168M	7.0×	-0.3×	Apr 30, 2006
2005	$840M	$130M	7.3×	-1.0×	Apr 30, 2005
2004	$825M	$115M	8.3×	+2.0×	Apr 30, 2004
2003	$639M	$125M	6.3×	-0.7×	Apr 30, 2003
2002	$635M	$115M	7.0×	—	Apr 30, 2002


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EV/EBITDA for Casey's General Stores (CASY) 2002-2026

EV/EBITDA daily chart for Casey's General Stores (CASY)

Historical EV/EBITDA for Casey's General Stores (CASY) from 2002 to 2026

About EV/EBITDA at Casey's General Stores (CASY)

Casey's General Stores EV/EBITDA by Year

Casey's General Stores EV/EBITDA 2026: 23.7×

Casey's General Stores EV/EBITDA 2025: 16.5×

Casey's General Stores EV/EBITDA 2024: 12.6×

Casey's General Stores EV/EBITDA 2023: 10.5×

Casey's General Stores EV/EBITDA 2022: 11.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Casey's General Stores (CASY) Key Financials