Silgan Holdings Inc (SLGN)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 325,965 | 340,848 | 359,081 | 308,722 | 193,814 |
| Revenue | US$ in thousands | 5,814,890 | 6,283,680 | 5,567,300 | 4,816,640 | 4,489,930 |
| Net profit margin | 5.61% | 5.42% | 6.45% | 6.41% | 4.32% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $325,965K ÷ $5,814,890K
= 5.61%
Over the past five years, Silgan Holdings Inc.'s net profit margin has exhibited fluctuating trends. In 2021, the company experienced a peak in net profit margin at 6.33%, which declined slightly to 6.27% in 2020. However, there was a notable increase in profitability during 2023, with the net profit margin rising to 5.44% from the previous year's 5.32%. This improvement in 2023 suggests a positive trend in the company's ability to generate profits relative to its revenue. In comparison, the net profit margin was lower in 2019 at 4.32%, indicating a significant increase in profitability over the past five years. Overall, while the fluctuations in net profit margin indicate some variability in Silgan Holdings Inc.'s profitability, the general trend has shown an improvement over the years, with the company achieving higher levels of profitability in more recent periods.
Peer comparison
Dec 31, 2023