SILGAN HOLDINGS INC SLGN
We are a leading manufacturer of sustainable rigid packaging solutions for the world's essential consumer goods products. We had consolidated net sales of approximately $6.5 billion in 2025. Our products are used for a wide variety of end markets and we operate 121 manufacturing plants in North America, Europe, Asia and South America. Our products include:
•dispensing and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products;
•steel and aluminum containers for pet and human food and general line products; and
•custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.48B | $5.85B | $5.99B | $6.41B | $5.68B | $4.92B | $4.49B | $4.45B | $4.09B | $3.61B |
| Cost of revenue | $5.33B | $4.84B | $5.00B | $5.36B | $4.76B | $4.05B | $3.78B | $3.76B | $3.46B | $3.10B |
| Gross profit | $1.15B | $1.01B | $992.6M | $1.05B | $918.4M | $867.4M | $713.7M | $689.8M | $634.5M | $511.8M |
| SG&A | $492.7M | $438.4M | $384.4M | $417.0M | $378.1M | $377.7M | $315.7M | $308.4M | $305.2M | $219.9M |
| Operating income | — | — | — | — | — | — | $359.5M | $412.1M | $357.0M | $299.7M |
| Interest expense | $189.4M | $166.4M | $173.3M | $126.3M | $108.4M | $103.8M | $105.7M | $116.3M | $110.3M | $67.8M |
| Pre-tax income | $408.5M | $347.7M | $422.1M | $474.1M | $466.3M | $407.1M | $252.1M | $293.3M | $239.7M | $231.9M |
| Income tax | $123.3M | $72.0M | $96.2M | $133.3M | $107.2M | $98.4M | $58.3M | $69.3M | $30.0M | $78.6M |
| Net income | $288.4M | $276.4M | $326.0M | $340.8M | $359.1M | $308.7M | $193.8M | $224.0M | $269.7M | $153.4M |
| EPS, basic | 2.71 | 2.59 | 3.00 | 3.09 | 3.25 | 2.79 | 1.75 | 2.03 | 2.44 | 1.28 |
| EPS, diluted | 2.70 | 2.58 | 2.98 | 3.07 | 3.23 | 2.77 | 1.74 | 2.01 | 2.42 | 1.27 |
| Shares, diluted (wtd. avg.) | $106.8M | $107.1M | $109.2M | $111.0M | $111.2M | $111.4M | $111.5M | $111.6M | $111.4M | $120.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.08B | $822.9M | $642.9M | $585.6M | $631.4M | $409.5M | $203.8M | $72.8M | $53.5M | $24.7M |
| Receivables | $589.4M | $594.3M | $599.5M | $658.0M | $711.3M | $619.5M | $505.0M | $511.3M | $454.6M | $288.2M |
| Inventory | $1.08B | $928.1M | $940.8M | $769.4M | $798.8M | $677.5M | $633.0M | $634.8M | $721.3M | $603.0M |
| Total current assets | $2.99B | $2.52B | $2.35B | $2.13B | $2.30B | $1.80B | $1.41B | $1.29B | $1.29B | $962.2M |
| Property, plant and equipment | $2.38B | $2.28B | $1.96B | $1.93B | $1.99B | $1.84B | $1.57B | $1.52B | $1.49B | $1.16B |
| Goodwill | $2.49B | $2.32B | $2.02B | $1.98B | $2.04B | $1.74B | $1.14B | $1.15B | $1.17B | $604.7M |
| Other intangibles | $900.1M | $869.5M | $721.0M | $763.8M | $830.8M | $637.2M | $354.6M | $383.4M | $417.1M | $180.8M |
| Total assets | $9.40B | $8.58B | $7.61B | $7.35B | $7.77B | $6.51B | $4.93B | $4.58B | $4.65B | $3.15B |
| Short-term debt | $631.6M | $716.9M | $880.3M | $80.1M | $20.3M | $28.0M | $29.8M | $170.2M | $108.8M | $217.1M |
| Total current liabilities | $2.45B | $2.25B | $2.31B | $1.44B | $1.51B | $1.19B | $1.02B | $1.08B | $958.3M | $861.8M |
| Long-term debt | $3.72B | $3.42B | $2.55B | $3.35B | $3.77B | $3.22B | $2.21B | $2.13B | $2.44B | $1.34B |
| Retained earnings | $3.61B | $3.40B | $3.21B | $2.96B | $2.69B | $2.40B | $2.14B | $2.00B | $1.81B | $1.56B |
| Total equity | $2.27B | $1.99B | $1.89B | $1.72B | $1.56B | $1.25B | $1.02B | $881.3M | $766.1M | $469.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $729.8M | $721.9M | $482.6M | $748.4M | $556.8M | $602.5M | $507.4M | $506.5M | $389.8M | $394.6M |
| Depreciation and amortisation | $319.2M | $275.9M | $263.2M | $262.8M | $250.4M | $219.1M | $206.5M | $191.7M | $174.1M | $143.1M |
| Stock-based compensation | $18.0M | $15.5M | $15.6M | — | — | — | — | — | $14.6M | $13.0M |
| Capital expenditure | $307.1M | $262.8M | $226.8M | $215.8M | $232.3M | $224.2M | $230.9M | $191.0M | $174.4M | $191.9M |
| Investing cash flow | -$297.3M | -$1.18B | -$223.8M | -$215.6M | -$976.0M | -$1.16B | -$230.1M | -$189.9M | -$1.20B | -$180.3M |
| Financing cash flow | -$207.5M | $662.5M | -$211.4M | -$569.6M | $648.6M | $759.9M | -$145.5M | -$293.6M | $836.8M | -$289.5M |
| Dividends paid | $85.8M | $82.1M | $78.9M | $71.9M | $62.5M | $53.6M | $50.8M | $44.5M | $40.5M | $40.9M |
| Buybacks | $74.9M | $9.3M | $184.0M | $45.1M | $8.6M | $42.1M | $27.6M | $7.8M | $4.1M | $280.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-158049.
Others in SIC 3411
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BALL | BALL Corp | $16.59B | 19.0x | 11.6% |
| CCK | CROWN HOLDINGS, INC. | $12.52B | 18.1x | 4.8% |
| AMBP | Ardagh Metal Packaging S.A. | — | — | — |