SLGN vs. AVY
SLGN (Silgan Holdings Inc.) and AVY (Avery Dennison Corporation) are both stocks. SLGN operates in Packaging & Containers (Consumer Cyclical), while AVY operates in Business Equipment & Supplies (Industrials). Over the past 10 years, SLGN returned 4.91%/yr vs 9.25%/yr for AVY. At a 0.37 correlation, their price movements are largely independent.
Performance
SLGN vs. AVY - Performance Comparison
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Returns By Period
In the year-to-date period, SLGN achieves a -9.17% return, which is significantly higher than AVY's -14.78% return. Over the past 10 years, SLGN has underperformed AVY with an annualized return of 4.91%, while AVY has yielded a comparatively higher 9.25% annualized return.
SLGN
- 1D
- 0.11%
- 1M
- -7.52%
- YTD
- -9.17%
- 6M
- -4.91%
- 1Y
- -30.78%
- 3Y*
- -5.54%
- 5Y*
- -1.50%
- 10Y*
- 4.91%
AVY
- 1D
- -1.69%
- 1M
- -4.78%
- YTD
- -14.78%
- 6M
- -11.41%
- 1Y
- -12.32%
- 3Y*
- -0.61%
- 5Y*
- -5.35%
- 10Y*
- 9.25%
SLGN vs. AVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLGN Silgan Holdings Inc. | -9.17% | -21.11% | 16.80% | -11.33% | 22.68% | 17.06% | 21.06% | 33.55% | -18.44% | 16.08% |
AVY Avery Dennison Corporation | -14.78% | -0.73% | -5.95% | 13.66% | -15.06% | 41.41% | 20.86% | 48.54% | -20.28% | 66.75% |
Correlation
The correlation between SLGN and AVY is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 1997 | 0.37 |
Over the past year, SLGN and AVY have become more correlated (0.67) than their long-term average of 0.37, meaning their price movements have been converging.
Fundamentals
SLGN:
$3.84B
AVY:
$11.80B
SLGN:
$2.66
AVY:
$8.87
SLGN:
13.63
AVY:
17.27
SLGN:
0.59
AVY:
1.32
SLGN:
$6.58B
AVY:
$9.01B
SLGN:
$1.14B
AVY:
$2.59B
SLGN:
$842.47M
AVY:
$1.24B
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Return for Risk
SLGN vs. AVY — Risk / Return Rank
SLGN
AVY
SLGN vs. AVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Silgan Holdings Inc. (SLGN) and Avery Dennison Corporation (AVY). 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.
| SLGN | AVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.92 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.58 | -0.31 |
| Martin ratioReturn relative to average drawdown | -1.30 | -1.27 | -0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SLGN | AVY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.97 | -0.53 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | -0.22 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.34 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.35 | -0.05 |
Drawdowns
SLGN vs. AVY - Drawdown Comparison
The maximum SLGN drawdown since its inception was -86.14%, which is greater than AVY's maximum drawdown of -73.03%. Use the drawdown chart below to compare losses from any high point for SLGN and AVY.
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Drawdown Indicators
| SLGN | AVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.14% | -73.03% | -13.11% |
Max Drawdown (1Y)Largest decline over 1 year | -34.87% | -21.50% | -13.37% |
Max Drawdown (3Y)Largest decline over 3 years | -35.03% | -30.45% | -4.58% |
Max Drawdown (5Y)Largest decline over 5 years | -35.03% | -31.80% | -3.23% |
Max Drawdown (10Y)Largest decline over 10 years | -35.03% | -43.52% | +8.49% |
Current DrawdownCurrent decline from peak | -34.96% | -30.45% | -4.51% |
Average DrawdownAverage peak-to-trough decline | -16.62% | -16.78% | +0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.74% | 9.70% | +14.04% |
Volatility
SLGN vs. AVY - Volatility Comparison
Silgan Holdings Inc. (SLGN) has a higher volatility of 8.00% compared to Avery Dennison Corporation (AVY) at 6.21%. This indicates that SLGN's price experiences larger fluctuations and is considered to be riskier than AVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLGN | AVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.00% | 6.21% | +1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 20.15% | 16.22% | +3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.91% | 23.30% | +8.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.61% | 24.60% | +1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.83% | 27.02% | -3.19% |
Dividends
SLGN vs. AVY - Dividend Comparison
SLGN's dividend yield for the trailing twelve months is around 2.26%, less than AVY's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVY Avery Dennison Corporation | 2.49% | 2.03% | 1.84% | 1.57% | 1.62% | 1.23% | 1.52% | 1.73% | 2.24% | 1.53% | 2.28% | 2.33% |
SLGN Silgan Holdings Inc. | 2.26% | 1.98% | 1.46% | 1.59% | 1.23% | 1.31% | 1.29% | 1.42% | 1.69% | 1.22% | 1.33% | 1.19% |
Financials
SLGN vs. AVY - Financials Comparison
This section allows you to compare key financial metrics between Silgan Holdings Inc. and Avery Dennison Corporation. 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
SLGN vs. AVY - Profitability Comparison
SLGN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Silgan Holdings Inc. reported a gross profit of 265.80M and revenue of 1.56B. Therefore, the gross margin over that period was 17.0%.
AVY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported a gross profit of 664.80M and revenue of 2.30B. Therefore, the gross margin over that period was 28.9%.
SLGN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Silgan Holdings Inc. reported an operating income of 134.60M and revenue of 1.56B, resulting in an operating margin of 8.6%.
AVY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported an operating income of 271.90M and revenue of 2.30B, resulting in an operating margin of 11.8%.
SLGN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Silgan Holdings Inc. reported a net income of 63.00M and revenue of 1.56B, resulting in a net margin of 4.0%.
AVY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported a net income of 168.10M and revenue of 2.30B, resulting in a net margin of 7.3%.
Frequently Asked Questions
SLGN and AVY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLGN has higher volatility (8.00%) compared to AVY (6.21%). In terms of maximum drawdown, SLGN dropped -86.14% vs AVY's -73.03%.
AVY currently has the higher Sharpe Ratio (-0.53 vs -0.97), 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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