Silgan Holdings Inc (SLGN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 276,378 | 64,400 | 340,848 | 359,081 | 308,722 |
| Revenue | US$ in thousands | 5,854,690 | 5,988,200 | 6,411,500 | 5,677,100 | 4,921,900 |
| Net profit margin | 4.72% | 1.08% | 5.32% | 6.33% | 6.27% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $276,378K ÷ $5,854,690K
= 4.72%
Based on the provided data, Silgan Holdings Inc's net profit margin has shown some fluctuations over the past five years. The net profit margin, which is a key profitability ratio, indicates the percentage of revenue that translates into net income after deducting all expenses.
In December 2020, Silgan Holdings Inc had a net profit margin of 6.27%, which slightly increased to 6.33% by December 2021. However, there was a noticeable drop in profitability by December 2022, with the net profit margin decreasing to 5.32%. The company's profitability took a significant hit by December 2023, as the net profit margin dropped drastically to 1.08%.
By December 2024, Silgan Holdings Inc was able to improve its profitability slightly, with the net profit margin recovering to 4.72%. Overall, the trend in net profit margin indicates some fluctuations in profitability over the past five years, with a notable dip in 2023.
It is important for the company to closely analyze the factors contributing to these fluctuations in net profit margin and implement strategies to sustain or improve profitability in the future.
Peer comparison
Dec 31, 2024