SW vs. LIN
SW (Smurfit WestRock PLC) and LIN (Linde plc) are both stocks. SW operates in Packaging & Containers (Consumer Cyclical), while LIN operates in Specialty Chemicals (Basic Materials). Over the past year, SW returned 2.65% vs 9.03% for LIN. At a 0.30 correlation, their price movements are largely independent.
Performance
SW vs. LIN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SW achieves a 11.14% return, which is significantly lower than LIN's 19.44% return.
SW
- 1D
- -0.28%
- 1M
- 12.20%
- YTD
- 11.14%
- 6M
- 18.99%
- 1Y
- 2.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LIN
- 1D
- 2.35%
- 1M
- 2.84%
- YTD
- 19.44%
- 6M
- 24.47%
- 1Y
- 9.03%
- 3Y*
- 13.41%
- 5Y*
- 12.55%
- 10Y*
- —
SW vs. LIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SW Smurfit WestRock PLC | 11.14% | -25.31% | 18.10% |
LIN Linde plc | 19.44% | 3.22% | -3.34% |
Correlation
The correlation between SW and LIN is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024 | 0.30 |
Fundamentals
SW:
$0.93
LIN:
$15.16
SW:
45.23
LIN:
33.48
SW:
0.58
LIN:
6.88
SW:
$28.91B
LIN:
$34.66B
SW:
$5.30B
LIN:
$15.94B
SW:
$3.32B
LIN:
$12.31B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SW vs. LIN — Risk / Return Rank
SW
LIN
SW vs. LIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Smurfit WestRock PLC (SW) and Linde plc (LIN). 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.
| SW | LIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.10 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 0.47 | -0.39 |
| Martin ratioReturn relative to average drawdown | 0.16 | 1.33 | -1.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SW | LIN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.54 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.71 | -0.74 |
Drawdowns
SW vs. LIN - Drawdown Comparison
The maximum SW drawdown since its inception was -39.78%, which is greater than LIN's maximum drawdown of -32.59%. Use the drawdown chart below to compare losses from any high point for SW and LIN.
Loading charts...
Drawdown Indicators
| SW | LIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.78% | -32.59% | -7.19% |
Max Drawdown (1Y)Largest decline over 1 year | -31.37% | -19.18% | -12.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.18% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.82% | — |
Current DrawdownCurrent decline from peak | -21.07% | -1.93% | -19.14% |
Average DrawdownAverage peak-to-trough decline | -17.32% | -5.43% | -11.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.68% | 6.80% | +9.88% |
Volatility
SW vs. LIN - Volatility Comparison
Smurfit WestRock PLC (SW) has a higher volatility of 12.41% compared to Linde plc (LIN) at 5.45%. This indicates that SW's price experiences larger fluctuations and is considered to be riskier than LIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SW | LIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.41% | 5.45% | +6.96% |
Volatility (6M)Calculated over the trailing 6-month period | 31.22% | 13.49% | +17.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.37% | 17.01% | +23.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.47% | 20.77% | +19.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.47% | 24.08% | +16.39% |
Dividends
SW vs. LIN - Dividend Comparison
SW's dividend yield for the trailing twelve months is around 4.19%, more than LIN's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LIN Linde plc | 1.20% | 1.41% | 1.33% | 1.24% | 1.43% | 1.22% | 1.46% | 1.64% | 0.53% |
SW Smurfit WestRock PLC | 4.19% | 4.46% | 1.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SW vs. LIN - Financials Comparison
This section allows you to compare key financial metrics between Smurfit WestRock PLC and Linde plc. 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
SW vs. LIN - Profitability Comparison
SW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smurfit WestRock PLC reported a gross profit of 1.27B and revenue of 7.71B. Therefore, the gross margin over that period was 16.4%.
LIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Linde plc reported a gross profit of 4.26B and revenue of 8.78B. Therefore, the gross margin over that period was 48.5%.
SW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smurfit WestRock PLC reported an operating income of 253.00M and revenue of 7.71B, resulting in an operating margin of 3.3%.
LIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Linde plc reported an operating income of 3.26B and revenue of 8.78B, resulting in an operating margin of 37.2%.
SW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smurfit WestRock PLC reported a net income of 65.00M and revenue of 7.71B, resulting in a net margin of 0.8%.
LIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Linde plc reported a net income of 1.86B and revenue of 8.78B, resulting in a net margin of 21.2%.
Frequently Asked Questions
SW and LIN have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SW has higher volatility (12.41%) compared to LIN (5.45%). In terms of maximum drawdown, SW dropped -39.78% vs LIN's -32.59%.
LIN currently has the higher Sharpe Ratio (0.54 vs 0.07), 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.
Find the right allocation for SW and LIN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer