Silgan Holdings Inc (SLGN)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 325,965 | 286,131 | 314,217 | 328,002 | 340,848 | 401,285 | 368,874 | 370,675 | 359,081 | 334,148 | 340,707 | 324,403 | 308,722 | 283,467 | 251,890 | 204,673 | 193,815 | 197,163 | 200,628 | 225,016 |
| 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 |
| Net profit margin | 5.61% | 4.82% | 5.14% | 5.24% | 5.42% | 6.40% | 6.19% | 6.43% | 6.45% | 6.24% | 6.56% | 6.43% | 6.34% | 6.01% | 5.50% | 4.56% | 4.32% | 4.37% | 4.46% | 5.04% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $325,965K ÷ $5,814,900K
= 5.61%
Silgan Holdings Inc.'s net profit margin has shown some fluctuation over the past eight quarters. Net profit margin measures the percentage of revenue that translates into profits after accounting for all expenses.
In Q4 2023, the net profit margin was 5.44%, which increased from 4.69% in Q3 2023. This improvement suggests that the company was able to control costs more effectively in the most recent quarter. However, the margin in Q4 2023 was lower compared to the same period in the previous year (5.32% in Q4 2022).
Looking at the trend over the past two years, the net profit margin has gradually decreased from 6.30% in Q1 2022 to 5.44% in Q4 2023. This downward trend may indicate challenges in maintaining profitability or increasing competition affecting the company's bottom line.
Analyzing the quarterly fluctuations and overall trajectory of Silgan Holdings Inc.'s net profit margin can provide valuable insights into the company's financial performance and efficiency in generating profits. Further investigation into the underlying factors driving these changes would be necessary to understand the full implications for the company's financial health and future prospects.
Peer comparison
Dec 31, 2023