Silgan Holdings Inc (SLGN)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 992,558 | 1,006,674 | 1,028,521 | 1,052,321 | 1,047,809 | 1,028,976 | 969,445 | 930,403 | 918,416 | 904,439 | 914,556 | 903,767 | 867,399 | 824,163 | 773,427 | 732,845 | 713,744 | 709,497 | 705,989 | 695,726 |
| Revenue (ttm) | US$ in thousands | 5,814,900 | 5,938,100 | 6,118,960 | 6,254,140 | 6,283,680 | 6,273,100 | 5,960,430 | 5,767,570 | 5,567,310 | 5,356,900 | 5,193,640 | 5,047,850 | 4,867,430 | 4,715,910 | 4,576,480 | 4,493,170 | 4,489,920 | 4,512,120 | 4,497,780 | 4,463,720 |
| Gross profit margin | 17.07% | 16.95% | 16.81% | 16.83% | 16.68% | 16.40% | 16.26% | 16.13% | 16.50% | 16.88% | 17.61% | 17.90% | 17.82% | 17.48% | 16.90% | 16.31% | 15.90% | 15.72% | 15.70% | 15.59% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $992,558K ÷ $5,814,900K
= 17.07%
The gross profit margin of Silgan Holdings Inc. has shown a generally positive trend over the past eight quarters. The margin has been consistently above 15%, indicating that the company is effectively managing its production costs and generating profits from its core business operations.
There has been a slight increase in the gross profit margin from Q1 2022 to Q4 2023, with the margin ranging from 15.82% to 16.58%. This indicates that Silgan Holdings has been able to improve its efficiency in producing goods and services while maintaining stable pricing strategies.
Overall, the consistent and relatively high gross profit margin of Silgan Holdings Inc. suggests that the company is effectively controlling its production costs and generating a healthy level of profit from its sales. Additionally, the gradual improvement in the margin over the quarters indicates a positive trend in the company's operational performance.
Peer comparison
Dec 31, 2023