If You Invested $1000 in Casey's General Stores a Decade Ago, This is How Much It'd Be Worth Now

For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.

Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.

What if you'd invested in Casey's General Stores (CASY) ten years ago? It may not have been easy to hold on to CASY for all that time, but if you did, how much would your investment be worth today?

Casey's General Stores' Business In-Depth

With that in mind, let's take a look at Casey's General Stores' main business drivers.

Founded in 1959 and based in Ankeny, IA, Casey's General Stores, Inc. operates convenience stores primarily under the Casey's and Casey's General Store names in 19 states, mainly Iowa, Missouri and Illinois. As of Apr. 30, 2026, the company operated 2,944 stores. Approximately 71% of all stores were located in areas with populations of fewer than 20,000 people.

Casey's offers a broad range of products and services to meet customer needs. In addition to fuel, the stores provide groceries, prepared food, snacks, beverages, tobacco and nicotine products, health and beauty aids, housewares, pet supplies and automotive supplies. Casey's is known for its signature made-from-scratch pizza. As of Apr. 30, 2026, 241 stores offered car washes. All but six store locations provide fuel on a self-service basis.

Casey's operates a limited number of stores under the GoodStop (by Casey's) and CEFCO brands. These sites offer fuel, snacks, beverages, tobacco and nicotine products, and other essentials. Some do not have full-service kitchens and therefore offer a more limited prepared food offerings. Acquired stores are typically rebranded as Casey's after they are remodeled to include a full-service kitchen. If the layout does not allow for a full-service kitchen, the site is typically operated as GoodStop (by Casey's) or under the acquired brand.

Casey's has made strides in digital technologies. The company offers a mobile app and online ordering capabilities, allowing customers to order food, locate stores, and access exclusive deals and promotions. Casey's Rewards had more than 10 million members at fiscal year-end.

The company primarily generates revenues under four categories — Fuel (60.4% of fiscal 2026 total revenues), Grocery & General Merchandise (26%), Prepared Food & Dispensed Beverage (10.1%) and Other (3.4%). The Other category mainly includes wholesale fuel, car wash revenue and lottery activity. Three distribution centers are in operation, located in Ankeny, Iowa, Terre Haute, Indiana and Joplin, Missouri. These centers supply grocery and general merchandise items as well as prepared food and dispensed beverage items to most stores. The company also owns and operates a fuel terminal in Waco, Texas and self-distributes the majority of fuel to its stores.

Bottom Line

Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Casey's General Stores a decade ago, you're probably feeling pretty good about your investment today.

A $1000 investment made in July 2016 would be worth $6,043.57, or a 504.36% gain, as of July 1, 2026, according to our calculations. Investors should note that this return excludes dividends but includes price increases.

In comparison, the S&P 500's gained 257.31% and the price of gold went up 191.28% over the same time frame.

Looking ahead, analysts are expecting more upside for CASY.

Casey's continues to benefit from solid inside sales momentum, supported by prepared foods, beverages and grocery categories, while product innovation and disciplined cost management support margin expansion. We expect inside same-store sales to increase 3.6% in fiscal 2027. The fuel business remains a key earnings driver, benefiting from strong margins, volume growth and the expanded store network. The successful integration of the Fikes/CEFCO acquisition is enhancing scale, strengthening the wholesale fuel business and creating additional growth opportunities through store conversions. Strong cash generation and disciplined capital allocation further strengthen Casey's financial position. However, rising operating expenses, elevated interest costs, intense competition and potential weakness in consumer spending could pressure margins.

Shares have gained 5.38% over the past four weeks and there have been 5 higher earnings estimate revisions for fiscal 2026 compared to none lower. The consensus estimate has moved up as well.

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This article originally published on Zacks Investment Research (zacks.com).

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