Stocks · Industrials · Metal Cans

SILGAN HOLDINGS INC

SLGN Clue Score48
United States Fiscal year ends December CIK 0000849869
$35.44 -1.01% Close, 9 Oct 2026
Price $35.44 −10.78% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue3,612.9Operating income299.7Net income153.4EPS, diluted1.27Fiscal year 2017Revenue4,089.9 +13.2%Operating income357.0Net income269.7 +75.8%EPS, diluted2.42 +90.6%Fiscal year 2018Revenue4,448.9 +8.8%Operating income412.1Net income224.0 −16.9%EPS, diluted2.01 −16.9%Fiscal year 2019Revenue4,489.9 +0.9%Operating income359.5Net income193.8 −13.5%EPS, diluted1.74 −13.4%Fiscal year 2020Revenue4,921.9 +9.6%Net income308.7 +59.3%EPS, diluted2.77 +59.2%Fiscal year 2021Revenue5,677.1 +15.3%Net income359.1 +16.3%EPS, diluted3.23 +16.6%Fiscal year 2022Revenue6,411.5 +12.9%Net income340.8 −5.1%EPS, diluted3.07 −5.0%Fiscal year 2023Revenue5,988.2 −6.6%Net income326.0 −4.4%EPS, diluted2.98 −2.9%Fiscal year 2024Revenue5,854.7 −2.2%Net income276.4 −15.2%EPS, diluted2.58 −13.4%Fiscal year 2025Revenue6,483.2 +10.7%Net income288.4 +4.4%EPS, diluted2.70 +4.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3,612.9 4,089.9 4,448.9 4,489.9 4,921.9 5,677.1 6,411.5 5,988.2 5,854.7 6,483.2
Growth +13.2% +8.8% +0.9% +9.6% +15.3% +12.9% −6.6% −2.2% +10.7%
Operating income 299.7 357.0 412.1 359.5 n/a n/a n/a n/a n/a n/a
Net income 153.4 269.7 224.0 193.8 308.7 359.1 340.8 326.0 276.4 288.4
Growth +75.8% −16.9% −13.5% +59.3% +16.3% −5.1% −4.4% −15.2% +4.4%
EPS, diluted 1.27 2.42 2.01 1.74 2.77 3.23 3.07 2.98 2.58 2.70
Growth +90.6% −16.9% −13.4% +59.2% +16.6% −5.0% −2.9% −13.4% +4.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin14.2%Operating margin8.3%Net margin4.2%Free cash flow margin5.6%Fiscal year 2017Gross margin15.5%Operating margin8.7%Net margin6.6%Free cash flow margin5.3%Fiscal year 2018Gross margin15.5%Operating margin9.3%Net margin5.0%Free cash flow margin7.1%Fiscal year 2019Gross margin15.9%Operating margin8.0%Net margin4.3%Free cash flow margin6.2%Fiscal year 2020Gross margin17.6%Net margin6.3%Free cash flow margin7.7%Fiscal year 2021Gross margin16.2%Net margin6.3%Free cash flow margin5.7%Fiscal year 2022Gross margin16.3%Net margin5.3%Free cash flow margin8.3%Fiscal year 2023Gross margin16.6%Net margin5.4%Free cash flow margin4.3%Fiscal year 2024Gross margin17.3%Net margin4.7%Free cash flow margin7.8%Fiscal year 2025Gross margin17.7%Net margin4.4%Free cash flow margin6.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 14.2% 15.5% 15.5% 15.9% 17.6% 16.2% 16.3% 16.6% 17.3% 17.7%
Operating margin 8.3% 8.7% 9.3% 8.0% n/a n/a n/a n/a n/a n/a
Net margin 4.2% 6.6% 5.0% 4.3% 6.3% 6.3% 5.3% 5.4% 4.7% 4.4%
Free cash flow margin 5.6% 5.3% 7.1% 6.2% 7.7% 5.7% 8.3% 4.3% 7.8% 6.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow394.6Capital expenditure−191.9Free cash flow202.7Buybacks−280.7Dividends paid−40.9Fiscal year 2017Operating cash flow389.8Capital expenditure−174.4Free cash flow215.3 +6.3%Buybacks−4.1Dividends paid−40.5Fiscal year 2018Operating cash flow506.5Capital expenditure−191.0Free cash flow315.5 +46.5%Buybacks−7.8Dividends paid−44.5Fiscal year 2019Operating cash flow507.4Capital expenditure−230.9Free cash flow276.4 −12.4%Buybacks−27.6Dividends paid−50.8Fiscal year 2020Operating cash flow602.5Capital expenditure−224.2Free cash flow378.3 +36.9%Buybacks−42.1Dividends paid−53.6Fiscal year 2021Operating cash flow556.8Capital expenditure−232.3Free cash flow324.6 −14.2%Buybacks−8.6Dividends paid−62.5Fiscal year 2022Operating cash flow748.4Capital expenditure−215.8Free cash flow532.7 +64.1%Buybacks−45.1Dividends paid−71.9Fiscal year 2023Operating cash flow482.6Capital expenditure−226.8Free cash flow255.8 −52.0%Buybacks−184.0Dividends paid−78.9Fiscal year 2024Operating cash flow721.9Capital expenditure−262.8Free cash flow459.1 +79.5%Buybacks−9.3Dividends paid−82.1Fiscal year 2025Operating cash flow729.8Capital expenditure−307.1Free cash flow422.7 −7.9%Buybacks−74.9Dividends paid−85.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 394.6 389.8 506.5 507.4 602.5 556.8 748.4 482.6 721.9 729.8
Capital expenditure −191.9 −174.4 −191.0 −230.9 −224.2 −232.3 −215.8 −226.8 −262.8 −307.1
Free cash flow 202.7 215.3 315.5 276.4 378.3 324.6 532.7 255.8 459.1 422.7
Growth +6.3% +46.5% −12.4% +36.9% −14.2% +64.1% −52.0% +79.5% −7.9%
Buybacks −280.7 −4.1 −7.8 −27.6 −42.1 −8.6 −45.1 −184.0 −9.3 −74.9
Dividends paid −40.9 −40.5 −44.5 −50.8 −53.6 −62.5 −71.9 −78.9 −82.1 −85.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash24.7Total debt1,561.6Net cash (debt)−1,536.9Shareholders’ equity469.4Debt to equity3.33Fiscal year 2017Cash53.5Total debt2,547.3Net cash (debt)−2,493.8Shareholders’ equity766.1Debt to equity3.33Fiscal year 2018Cash72.8Total debt2,304.6Net cash (debt)−2,231.8Shareholders’ equity881.3Debt to equity2.62Fiscal year 2019Cash203.8Total debt2,244.4Net cash (debt)−2,040.6Shareholders’ equity1,023.3Debt to equity2.19Fiscal year 2020Cash409.5Total debt3,251.3Net cash (debt)−2,841.8Shareholders’ equity1,252.9Debt to equity2.60Fiscal year 2021Cash631.4Total debt3,793.2Net cash (debt)−3,161.7Shareholders’ equity1,562.7Debt to equity2.43Fiscal year 2022Cash585.6Total debt3,425.4Net cash (debt)−2,839.8Shareholders’ equity1,718.3Debt to equity1.99Fiscal year 2023Cash642.9Total debt3,426.8Net cash (debt)−2,783.8Shareholders’ equity1,889.4Debt to equity1.81Fiscal year 2024Cash822.9Total debt4,136.9Net cash (debt)−3,314.0Shareholders’ equity1,989.6Debt to equity2.08Fiscal year 2025Cash1,080.7Total debt4,346.8Net cash (debt)−3,266.2Shareholders’ equity2,274.3Debt to equity1.91
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 24.7 53.5 72.8 203.8 409.5 631.4 585.6 642.9 822.9 1,080.7
Total debt 1,561.6 2,547.3 2,304.6 2,244.4 3,251.3 3,793.2 3,425.4 3,426.8 4,136.9 4,346.8
Net cash (debt) −1,536.9 −2,493.8 −2,231.8 −2,040.6 −2,841.8 −3,161.7 −2,839.8 −2,783.8 −3,314.0 −3,266.2
Shareholders’ equity 469.4 766.1 881.3 1,023.3 1,252.9 1,562.7 1,718.3 1,889.4 1,989.6 2,274.3
Debt to equity 3.33 3.33 2.62 2.19 2.60 2.43 1.99 1.81 2.08 1.91

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
3,612.9 4,089.9 4,448.9 4,489.9 4,921.9 5,677.1 6,411.5 5,988.2 5,854.7 6,483.2
Growth +13.2% +8.8% +0.9% +9.6% +15.3% +12.9% −6.6% −2.2% +10.7%
3,101.1 3,455.3 3,759.1 3,776.2 4,054.5 4,758.7 5,363.7 4,995.6 4,842.9 5,333.7
511.8 634.5 689.8 713.7 867.4 918.4 1,047.8 992.6 1,011.8 1,149.4
Growth +24.0% +8.7% +3.5% +21.5% +5.9% +14.1% −5.3% +1.9% +13.6%
219.9 305.2 308.4 315.7 377.7 378.1 417.0 384.4 438.4 492.7
299.7 357.0 412.1 359.5 n/a n/a n/a n/a n/a n/a
Growth +19.1% +15.4% −12.8%
231.9 239.7 293.3 252.1 407.1 466.3 474.1 422.1 347.7 408.5
78.6 −30.0 69.3 58.3 98.4 107.2 133.3 96.2 72.0 123.3
153.4 269.7 224.0 193.8 308.7 359.1 340.8 326.0 276.4 288.4
Growth +75.8% −16.9% −13.5% +59.3% +16.3% −5.1% −4.4% −15.2% +4.4%
Per share
1.28 2.44 2.03 1.75 2.79 3.25 3.09 3.00 2.59 2.71
1.27 2.42 2.01 1.74 2.77 3.23 3.07 2.98 2.58 2.70
Growth +90.6% −16.9% −13.4% +59.2% +16.6% −5.0% −2.9% −13.4% +4.7%
119.7 110.4 110.6 110.9 110.8 110.4 110.5 108.8 106.8 106.5
120.5 111.4 111.6 111.5 111.4 111.2 111.0 109.2 107.1 106.8
Growth −7.6% +0.2% −0.1% −0.1% −0.2% −0.1% −1.6% −1.9% −0.3%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 5.7% a year over five years, and earnings per share fell 0.5% a year.
  • The diluted share count fell 4.1% in five years, so buybacks did some of the work per share.
  • Gross margin is flat at 17.7%.
  • Profitable in every one of the 10 years on file.