TLRY vs. CGC
Compare and contrast key facts about Tilray, Inc. (TLRY) and Canopy Growth Corporation (CGC).
Performance
TLRY vs. CGC - Performance Comparison
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TLRY vs. CGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TLRY Tilray, Inc. | -28.35% | -32.11% | -42.17% | -14.50% | -61.74% | -14.89% | -51.78% | -75.72% | 215.05% |
CGC Canopy Growth Corporation | -16.74% | -58.39% | -46.38% | -77.88% | -73.54% | -64.57% | 16.83% | -21.51% | 5.70% |
Fundamentals
TLRY:
$713.92M
CGC:
$327.98M
TLRY:
-$27.99
CGC:
-$1.21
TLRY:
0.63
CGC:
0.87
TLRY:
$1.08B
CGC:
$294.24M
TLRY:
$304.37M
CGC:
$71.95M
TLRY:
-$2.92B
CGC:
-$225.88M
Returns By Period
In the year-to-date period, TLRY achieves a -28.35% return, which is significantly lower than CGC's -16.74% return.
TLRY
- 1D
- 8.01%
- 1M
- -17.79%
- YTD
- -28.35%
- 6M
- -62.60%
- 1Y
- -1.60%
- 3Y*
- -36.53%
- 5Y*
- -50.75%
- 10Y*
- —
CGC
- 1D
- 10.80%
- 1M
- -15.25%
- YTD
- -16.74%
- 6M
- -34.99%
- 1Y
- 4.31%
- 3Y*
- -62.15%
- 5Y*
- -68.79%
- 10Y*
- -26.31%
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Return for Risk
TLRY vs. CGC — Risk / Return Rank
TLRY
CGC
TLRY vs. CGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tilray, Inc. (TLRY) and Canopy Growth Corporation (CGC). 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.
| TLRY | CGC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.01 | 0.04 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.04 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | -0.03 | -0.07 | +0.03 |
Martin ratioReturn relative to average drawdown | -0.06 | -0.11 | +0.05 |
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
| TLRY | CGC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.04 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.53 | -0.56 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.33 | -0.26 | -0.06 |
Correlation
The correlation between TLRY and CGC is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TLRY vs. CGC - Dividend Comparison
Neither TLRY nor CGC has paid dividends to shareholders.
Drawdowns
TLRY vs. CGC - Drawdown Comparison
The maximum TLRY drawdown since its inception was -99.83%, roughly equal to the maximum CGC drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for TLRY and CGC.
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Drawdown Indicators
| TLRY | CGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.83% | -99.85% | +0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -71.48% | -55.61% | -15.87% |
Max Drawdown (5Y)Largest decline over 5 years | -98.39% | -99.74% | +1.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.85% | — |
Current DrawdownCurrent decline from peak | -99.70% | -99.83% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -91.21% | -61.53% | -29.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.25% | 33.86% | +8.39% |
Volatility
TLRY vs. CGC - Volatility Comparison
Tilray, Inc. (TLRY) and Canopy Growth Corporation (CGC) have volatilities of 17.00% and 17.62%, 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
| TLRY | CGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.00% | 17.62% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 74.29% | 68.50% | +5.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 134.40% | 117.39% | +17.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.79% | 123.85% | -28.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.90% | 102.96% | +9.94% |
Financials
TLRY vs. CGC - Financials Comparison
This section allows you to compare key financial metrics between Tilray, Inc. and Canopy Growth 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
TLRY vs. CGC - Profitability Comparison
TLRY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tilray, Inc. reported a gross profit of 57.50M and revenue of 217.51M. Therefore, the gross margin over that period was 26.4%.
CGC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Canopy Growth Corporation reported a gross profit of 21.47M and revenue of 90.39M. Therefore, the gross margin over that period was 23.8%.
TLRY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tilray, Inc. reported an operating income of -22.28M and revenue of 217.51M, resulting in an operating margin of -10.2%.
CGC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Canopy Growth Corporation reported an operating income of -26.35M and revenue of 90.39M, resulting in an operating margin of -29.2%.
TLRY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tilray, Inc. reported a net income of -43.51M and revenue of 217.51M, resulting in a net margin of -20.0%.
CGC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Canopy Growth Corporation reported a net income of -62.63M and revenue of 90.39M, resulting in a net margin of -69.3%.