Silgan Holdings Inc (SLGN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,011,780 | 218,500 | 1,047,800 | 918,400 | 867,400 |
| Revenue | US$ in thousands | 5,854,690 | 5,988,200 | 6,411,500 | 5,677,100 | 4,921,900 |
| Gross profit margin | 17.28% | 3.65% | 16.34% | 16.18% | 17.62% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,011,780K ÷ $5,854,690K
= 17.28%
The gross profit margin of Silgan Holdings Inc has exhibited some fluctuations over the reported period. It decreased from 17.62% as of December 31, 2020, to 16.18% as of December 31, 2021 and then slightly increased to 16.34% as of December 31, 2022. However, there was a significant drop to 3.65% as of December 31, 2023, indicating a challenging year for the company in terms of maintaining profitability relative to its cost of goods sold. The margin recovered to 17.28% by December 31, 2024, showing a positive trend in the most recent period. Overall, while there have been fluctuations, the company generally managed to sustain a reasonable level of gross profit margin over the analyzed years. Further investigation into the factors influencing these variations would be necessary to assess the underlying reasons behind the fluctuations.
Peer comparison
Dec 31, 2024