Silgan Holdings Inc (SLGN)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,854,720 | 5,783,620 | 5,841,600 | 5,886,940 | 5,988,200 | 6,103,500 | 6,270,800 | 6,387,900 | 6,411,500 | 6,395,400 | 6,076,100 | 5,881,000 | 5,677,200 | 5,464,500 | 5,301,900 | 5,129,700 | 4,922,000 | 4,743,700 | 4,576,500 | 4,493,200 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,911,640 | 1,934,190 | 1,930,000 | 2,137,300 | 1,886,600 | 1,932,800 | 1,979,700 | 1,993,900 | 1,963,300 | 1,832,900 | 1,811,590 | 1,840,800 | 1,785,790 | 1,729,480 | 1,553,870 |
| Fixed asset turnover | — | — | — | — | — | 3.19 | 3.24 | 3.31 | 3.00 | 3.39 | 3.14 | 2.97 | 2.85 | 2.78 | 2.89 | 2.83 | 2.67 | 2.66 | 2.65 | 2.89 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,854,720K ÷ $—K
= —
Silgan Holdings Inc's fixed asset turnover ratio has shown a generally increasing trend over the past few years, starting at 2.89 as of March 31, 2020, and reaching its peak at 3.39 as of September 30, 2022. This indicates that the company generated $3.39 in revenue for every dollar invested in fixed assets during that period.
After reaching its peak in September 2022, the fixed asset turnover ratio has fluctuated but remained relatively stable, hovering around 3.00. The company's ability to generate revenue from its fixed assets has remained strong, albeit with some variability.
It's worth noting that the data for the fixed asset turnover ratio is missing for the last few quarters (from March 31, 2024, onwards), so it is unclear how the ratio has evolved more recently. However, based on the historical trend, Silgan Holdings Inc has effectively utilized its fixed assets to generate sales, which is a positive indicator of operational efficiency and asset productivity.
Peer comparison
Dec 31, 2024