SILGAN HOLDINGS INC
Business
Silgan Holdings is a worldwide manufacturer of rigid packaging solutions for consumer goods, including dispensing and specialty closures, steel and aluminum containers, and custom plastic containers. The company operates manufacturing plants across North America, Europe, Asia, and South America, serving fragrance, beauty, food, beverage, personal care, health care, and home care markets globally. Silgan's three reportable business segments are dispensing and specialty closures, metal containers, and custom containers, with the majority of metal container sales and a significant portion of other sales conducted under multi-year customer supply arrangements.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 6,483 | 5,855 | 5,988 | 6,411 | 5,677 | |
| Cost of goods sold | 5,334 | 4,843 | 4,996 | 5,364 | 4,759 | |
| Gross profit | 1,149 | 1,012 | 993 | 1,048 | 918 | |
| Selling, general and administrative expenses | 493 | 438 | 384 | 417 | 378 | |
| Rationalization charges | 61 | 60 | 8 | 74 | 15 | |
| Other pension and postretirement (income) expense | −2 | −1 | 4 | −45 | −51 | |
| Income before interest and income taxes | 598 | 515 | 595 | 602 | 576 | |
| Interest and other debt expense before loss on early extinguishment of debt | 189 | 166 | 173 | 126 | 108 | |
| Loss on early extinguishment of debt | 0 | 1 | 0 | 1 | 1 | |
| Interest and other debt expense | 189 | 167 | 173 | 128 | 110 | |
| Income before income taxes | 409 | 348 | 422 | 474 | 466 | |
| Income Tax Expense (Benefit) | 123 | 72 | 96 | 133 | 107 | |
| Income before equity in earnings of affiliates | 285 | 276 | 326 | 341 | — | |
| Equity in earnings of affiliates, net of tax | 3 | 685,000 | 0 | 0 | — | |
| Net income | 288 | 276 | 326 | 341 | 359 | |
| Basic net income per share (in dollars per share) | 2.71 | 2.59 | 3 | 3.09 | 3.25 | |
| Diluted net income per share (in dollars per share) | 2.7 | 2.58 | 2.98 | 3.07 | 3.23 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,081 | 823 | 643 | 586 | 631 | |
| Trade accounts receivable, less allowances of $7,965 and $9,506, respectively | 589 | 594 | 600 | 658 | 711 | |
| Inventories | 1,080 | 928 | 941 | 769 | 799 | |
| Prepaid expenses and other current assets | 242 | 177 | 166 | 120 | 154 | |
| Total current assets | 2,992 | 2,523 | 2,349 | 2,133 | 2,296 | |
| Property, plant and equipment, net | 2,378 | 2,283 | — | — | — | |
| Goodwill | 2,487 | 2,316 | 2,018 | 1,985 | 2,038 | |
| Other intangible assets, net | 900 | 869 | 721 | 764 | 831 | |
| Other assets, net | 640 | 594 | 561 | 533 | 612 | |
| Total assets | 9,397 | 8,585 | 7,611 | 7,346 | 7,771 | |
| Revolving loans and current portion of long-term debt | 632 | 717 | 880 | 80 | 20 | |
| Trade accounts payable | 1,252 | 1,112 | 1,076 | 974 | 1,133 | |
| Accrued payroll and related costs | 121 | 109 | 98 | 99 | 109 | |
| Accrued liabilities | 447 | 310 | 258 | 285 | 246 | |
| Total current liabilities | 2,452 | 2,248 | 2,312 | 1,438 | 1,509 | |
| Long-term debt | 3,715 | 3,420 | 2,546 | 3,345 | 3,773 | |
| Deferred income taxes | 502 | 506 | 434 | 389 | 435 | |
| Other liabilities | 454 | 422 | 430 | 456 | 491 | |
| Commitments and contingencies | — | — | — | — | — | |
| Common stock ($0.01 par value per share; 400,000,000 shares authorized, 175,112,496 shares issued and 105,441,971 and 106,794,650 shares outstanding, respectively) | 2 | 2 | 2 | 2 | 2 | |
| Paid-in capital | 385 | 368 | 354 | 340 | 325 | |
| Retained earnings | 3,605 | 3,403 | 3,208 | 2,961 | 2,692 | |
| Accumulated other comprehensive loss | −214 | −353 | −251 | −345 | −260 | |
| Treasury stock at cost (69,670,525 and 68,317,846 shares, respectively) | −1,504 | −1,429 | −1,423 | −1,239 | — | |
| Total stockholders equity | 2,274 | 1,990 | 1,889 | 1,718 | 1,563 | |
| Liabilities and equity, total | 9,397 | 8,585 | 7,611 | 7,346 | 7,771 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 319 | 276 | 263 | 263 | 250 | |
| Amortization of debt discount and debt issuance costs | 6 | 5 | 5 | 5 | 6 | |
| Stock compensation expense | 18 | 16 | 16 | — | — | |
| Deferred income tax provision (benefit) | 19 | −33 | 33 | −32 | 60 | |
| Trade accounts receivable, net | 50 | 37 | 74 | 30 | −81 | |
| Inventories | −116 | 58 | −162 | 6 | −110 | |
| Trade accounts payable | 97 | 76 | −4 | 20 | 172 | |
| Accrued liabilities | 34 | −47 | −55 | 43 | −30 | |
| Other, net | −47 | −3 | −22 | −20 | −106 | |
| Net cash provided by operating activities | 730 | 722 | 483 | 748 | 557 | |
| Purchase of business, net of cash acquired | 0 | −922 | 0 | −3 | −746 | |
| Capital expenditures | −307 | −263 | −227 | −216 | −232 | |
| Proceeds from asset sales | 10 | 8 | 2 | — | — | |
| Other, net | −253,000 | 258,000 | 1 | −691,000 | −824,000 | |
| Net cash (used in) investing activities | −297 | −1,176 | −224 | −216 | −976 | |
| Borrowings under revolving loans | 1,512 | 993 | 1,122 | 829 | 1,185 | |
| Repayments under revolving loans | −1,535 | −1,011 | −1,121 | −819 | −1,195 | |
| Repayment of principal amounts under finance leases | −5 | −28 | −3 | −3 | −1 | |
| Changes in outstanding checks principally vendors | 12 | −76 | 99 | −164 | 142 | |
| Proceeds from issuance of long-term debt | 704 | 984 | 12 | 6 | 1,500 | |
| Repayments of long-term debt | −725 | −100 | −58 | −301 | −900 | |
| Debt issuance costs | −9 | −8 | 0 | 0 | −11 | |
| Dividends paid on common stock | −86 | −82 | −79 | −72 | −62 | |
| Repurchase of common stock | −75 | −9 | −184 | −45 | −9 | |
| Net cash (used in) provided by financing activities | −207 | 663 | −211 | −570 | 649 | |
| Effect of exchange rate changes on cash and cash equivalents | 33 | −28 | 10 | −9 | −8 | |
| Net increase | 258 | 180 | 57 | −46 | 222 | |
| Interest paid, net | 185 | 160 | 155 | 124 | 102 | |
| Income taxes paid, net of refunds | 104 | 92 | 116 | 94 | 94 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is SILGAN HOLDINGS INC's CIK number?
SILGAN HOLDINGS INC's SEC CIK number is 0000849869 (849869). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find SILGAN HOLDINGS INC's SEC filings?
All of SILGAN HOLDINGS INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did SILGAN HOLDINGS INC last report earnings?
SILGAN HOLDINGS INC (SLGN) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028421). This is SILGAN HOLDINGS INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is SILGAN HOLDINGS INC's most recent earnings 8-K?
SILGAN HOLDINGS INC's latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0001628280-26-028421. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View SILGAN HOLDINGS INC's latest earnings 8-K →
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