CASY vs. AMAT
CASY (Casey's General Stores, Inc.) and AMAT (Applied Materials, Inc.) are both stocks. CASY operates in Grocery Stores (Consumer Defensive), while AMAT operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, CASY returned 23.37%/yr vs 38.86%/yr for AMAT. At a 0.22 correlation, their price movements are largely independent.
Performance
CASY vs. AMAT - Performance Comparison
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Returns By Period
In the year-to-date period, CASY achieves a 62.22% return, which is significantly lower than AMAT's 121.28% return. Over the past 10 years, CASY has underperformed AMAT with an annualized return of 23.37%, while AMAT has yielded a comparatively higher 38.86% annualized return.
CASY
- 1D
- -2.31%
- 1M
- 4.97%
- YTD
- 62.22%
- 6M
- 66.01%
- 1Y
- 77.53%
- 3Y*
- 60.28%
- 5Y*
- 34.73%
- 10Y*
- 23.37%
AMAT
- 1D
- 2.64%
- 1M
- 30.08%
- YTD
- 121.28%
- 6M
- 119.38%
- 1Y
- 234.96%
- 3Y*
- 60.05%
- 5Y*
- 34.02%
- 10Y*
- 38.86%
CASY vs. AMAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CASY Casey's General Stores, Inc. | 62.22% | 40.12% | 45.01% | 23.27% | 14.49% | 11.25% | 13.24% | 25.12% | 15.59% | -4.99% |
AMAT Applied Materials, Inc. | 121.28% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 43.29% | 89.86% | -34.92% | 59.86% |
Correlation
The correlation between CASY and AMAT is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.22 |
The correlation between CASY and AMAT shifts across timeframes, from 0.12 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CASY:
$33.29B
AMAT:
$453.23B
CASY:
$19.17
AMAT:
$10.61
CASY:
46.69
AMAT:
53.45
CASY:
2.23
AMAT:
6.80
CASY:
1.90
AMAT:
15.67
CASY:
8.42
AMAT:
18.96
CASY:
$17.56B
AMAT:
$29.02B
CASY:
$4.32B
AMAT:
$14.21B
CASY:
$1.58B
AMAT:
$9.92B
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Return for Risk
CASY vs. AMAT — Risk / Return Rank
CASY
AMAT
CASY vs. AMAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Casey's General Stores, Inc. (CASY) and Applied Materials, Inc. (AMAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CASY | AMAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.59 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.83 | 10.67 | -5.84 |
| Martin ratioReturn relative to average drawdown | 19.15 | 30.41 | -11.26 |
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Drawdowns
CASY vs. AMAT - Drawdown Comparison
The maximum CASY drawdown since its inception was -74.32%, smaller than the maximum AMAT drawdown of -85.22%. Use the drawdown chart below to compare losses from any high point for CASY and AMAT.
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Drawdown Indicators
| CASY | AMAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.32% | -85.22% | +10.90% |
Max Drawdown (1Y)Largest decline over 1 year | -16.07% | -21.37% | +5.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.07% | -49.88% | +33.81% |
Max Drawdown (5Y)Largest decline over 5 years | -17.13% | -55.14% | +38.01% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -55.14% | +21.73% |
Current DrawdownCurrent decline from peak | -2.31% | 0.00% | -2.31% |
Average DrawdownAverage peak-to-trough decline | -15.15% | -38.78% | +23.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.05% | 7.49% | -3.44% |
Volatility
CASY vs. AMAT - Volatility Comparison
Casey's General Stores, Inc. (CASY) and Applied Materials, Inc. (AMAT) have volatilities of 20.67% and 20.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CASY | AMAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.67% | 20.52% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 25.59% | 38.83% | -13.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.95% | 49.03% | -18.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.79% | 44.20% | -16.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.13% | 42.94% | -14.81% |
Dividends
CASY vs. AMAT - Dividend Comparison
CASY's dividend yield for the trailing twelve months is around 0.25%, less than AMAT's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.34% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
CASY Casey's General Stores, Inc. | 0.25% | 0.39% | 0.47% | 0.59% | 0.65% | 0.69% | 0.72% | 0.77% | 0.86% | 0.89% | 0.77% | 0.70% |
Financials
CASY vs. AMAT - Financials Comparison
This section allows you to compare key financial metrics between Casey's General Stores, Inc. and Applied Materials, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CASY vs. AMAT - Profitability Comparison
CASY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Casey's General Stores, Inc. reported a gross profit of 1.19B and revenue of 4.57B. Therefore, the gross margin over that period was 26.0%.
AMAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported a gross profit of 3.95B and revenue of 7.91B. Therefore, the gross margin over that period was 49.9%.
CASY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Casey's General Stores, Inc. reported an operating income of 3.13B and revenue of 4.57B, resulting in an operating margin of 68.5%.
AMAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported an operating income of 2.52B and revenue of 7.91B, resulting in an operating margin of 31.9%.
CASY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Casey's General Stores, Inc. reported a net income of 162.68M and revenue of 4.57B, resulting in a net margin of 3.6%.
AMAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported a net income of 2.81B and revenue of 7.91B, resulting in a net margin of 35.5%.
Frequently Asked Questions
CASY and AMAT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CASY has higher volatility (20.67%) compared to AMAT (20.52%). In terms of maximum drawdown, CASY dropped -74.32% vs AMAT's -85.22%.
AMAT currently has the higher Sharpe Ratio (4.65 vs 2.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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