CASY vs. MSFT

Last updated Jun 23, 2026

CASY (Casey's General Stores, Inc.) and MSFT (Microsoft Corporation) are both stocks. CASY operates in Grocery Stores (Consumer Defensive), while MSFT operates in Software - Infrastructure (Technology). Over the past 10 years, CASY returned 21.94%/yr vs 23.62%/yr for MSFT. At a 0.23 correlation, their price movements are largely independent.

Performance

CASY vs. MSFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Casey's General Stores, Inc. (CASY) and Microsoft Corporation (MSFT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CASY achieves a 50.72% return, which is significantly higher than MSFT's -23.71% return. Over the past 10 years, CASY has underperformed MSFT with an annualized return of 21.94%, while MSFT has yielded a comparatively higher 23.62% annualized return.

CASY

• 1D: -1.26%
• 1M: 0.81%
• YTD: 50.72%
• 6M: 45.23%
• 1Y: 66.88%
• 3Y*: 55.46%
• 5Y*: 33.98%
• 10Y*: 21.94%

MSFT

• 1D: -3.18%
• 1M: -12.24%
• YTD: -23.71%
• 6M: -23.91%
• 1Y: -22.44%
• 3Y*: 3.92%
• 5Y*: 7.61%
• 10Y*: 23.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CASY vs. MSFT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CASY Casey's General Stores, Inc.	50.72%	40.12%	45.01%	23.27%	14.49%	11.25%	13.24%	25.12%	15.59%	-4.99%
MSFT Microsoft Corporation	-23.71%	15.58%	12.93%	58.19%	-28.02%	52.48%	42.53%	57.56%	20.80%	40.73%

Correlation

The correlation between CASY and MSFT is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Mar 13, 1986	0.23

The correlation between CASY and MSFT shifts across timeframes, from -0.03 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CASY : $30.93B MSFT : $2.73T
EPS CASY : $19.17 MSFT : $16.79
PE Ratio CASY : 43.38 MSFT : 21.88
PEG Ratio CASY : 2.07 MSFT : 1.53
PS Ratio CASY : 1.76 MSFT : 8.61
PB Ratio CASY : 7.83 MSFT : 6.60
Total Revenue (TTM) CASY : $17.56B MSFT : $318.27B
Gross Profit (TTM) CASY : $4.32B MSFT : $217.41B
EBITDA (TTM) CASY : $1.58B MSFT : $200.96B

Return for Risk

CASY vs. MSFT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CASY

CASY Risk / Return Rank: 92
CASY Sharpe Ratio Rank: 90
CASY Sortino Ratio Rank: 94
CASY Omega Ratio Rank: 91
CASY Calmar Ratio Rank: 89
CASY Martin Ratio Rank: 94

MSFT

MSFT Risk / Return Rank: 11
MSFT Sharpe Ratio Rank: 8
MSFT Sortino Ratio Rank: 10
MSFT Omega Ratio Rank: 10
MSFT Calmar Ratio Rank: 17
MSFT Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CASY vs. MSFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Casey's General Stores, Inc. (CASY) and Microsoft Corporation (MSFT). 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	MSFT	Difference
Sharpe ratio: Return per unit of total volatility	2.16	-0.87	+3.03
Sortino ratio: Return per unit of downside risk	3.69	-1.10	+4.79
Omega ratio: Gain probability vs. loss probability	1.44	0.86	+0.58
Calmar ratio: Return relative to maximum drawdown	4.18	-0.66	+4.85
Martin ratio: Return relative to average drawdown	16.10	-1.32	+17.42

CASY vs. MSFT - Sharpe Ratio Comparison

The current CASY Sharpe Ratio is 2.16, which is higher than the MSFT Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of CASY and MSFT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CASY vs. MSFT - Drawdown Comparison

The maximum CASY drawdown since its inception was -74.32%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for CASY and MSFT.

Drawdown Indicators

	CASY	MSFT	Difference
Max Drawdown Largest peak-to-trough decline	-74.32%	-69.38%	-4.94%
Max Drawdown (1Y) Largest decline over 1 year	-16.07%	-33.91%	+17.84%
Max Drawdown (3Y) Largest decline over 3 years	-16.07%	-33.91%	+17.84%
Max Drawdown (5Y) Largest decline over 5 years	-17.13%	-37.15%	+20.02%
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	-37.15%	+3.74%
Current Drawdown Current decline from peak	-9.23%	-31.80%	+22.57%
Average Drawdown Average peak-to-trough decline	-15.14%	-21.79%	+6.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	16.97%	-12.80%

Volatility

CASY vs. MSFT - Volatility Comparison

Casey's General Stores, Inc. (CASY) has a higher volatility of 20.73% compared to Microsoft Corporation (MSFT) at 11.08%. This indicates that CASY's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CASY	MSFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.73%	11.08%	+9.65%
Volatility (6M) Calculated over the trailing 6-month period	25.88%	22.93%	+2.95%
Volatility (1Y) Calculated over the trailing 1-year period	31.21%	26.01%	+5.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.80%	26.78%	+1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.15%	27.11%	+1.04%

Dividends

CASY vs. MSFT - Dividend Comparison

CASY's dividend yield for the trailing twelve months is around 0.27%, less than MSFT's 0.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CASY Casey's General Stores, Inc.	0.27%	0.39%	0.47%	0.59%	0.65%	0.69%	0.72%	0.77%	0.86%	0.89%	0.77%	0.70%
MSFT Microsoft Corporation	0.97%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%

Financials

CASY vs. MSFT - Profitability Comparison

The chart below illustrates the profitability comparison between Casey's General Stores, Inc. and Microsoft Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

MSFT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.

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%.

MSFT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.

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%.

MSFT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.

Frequently Asked Questions

Can I hold both CASY and MSFT in my portfolio?

CASY and MSFT have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CASY or MSFT?

CASY has higher volatility (20.73%) compared to MSFT (11.08%). In terms of maximum drawdown, CASY dropped -74.32% vs MSFT's -69.38%.

Which has better risk-adjusted returns?

CASY currently has the higher Sharpe Ratio (2.16 vs -0.87), 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.