Silgan Holdings Inc (SLGN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 546,669 | 687,783 | 637,180 | 546,972 | 478,913 | 517,147 | 466,025 | 490,977 | 480,701 | 446,993 | 459,834 | 449,366 | 437,493 | 457,082 | 427,272 | 369,860 | 359,488 | 368,833 | 375,067 | 409,334 |
| 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 |
| Operating profit margin | 9.40% | 11.58% | 10.41% | 8.75% | 7.62% | 8.24% | 7.82% | 8.51% | 8.63% | 8.34% | 8.85% | 8.90% | 8.99% | 9.69% | 9.34% | 8.23% | 8.01% | 8.17% | 8.34% | 9.17% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $546,669K ÷ $5,814,900K
= 9.40%
Silgan Holdings Inc.'s operating profit margin has shown a relatively stable trend over the past eight quarters. The company has consistently maintained a margin above 9%, indicating efficient cost management and profitability in its operations.
In the most recent quarter, Q4 2023, the operating profit margin increased to 10.16% from 9.92% in Q1 2023, demonstrating an improvement in the company's ability to generate profits from its core business activities. This upward trend suggests that Silgan Holdings Inc. may have implemented strategies to enhance operational efficiency or increase revenue streams, leading to improved profitability.
Although there have been fluctuations in the operating profit margin from quarter to quarter, the overall trend seems to be positive, reflecting Silgan Holdings Inc.'s ability to maintain a healthy level of profitability relative to its operating costs. This consistency in operating profit margin indicates the company's resilience and stability in generating returns from its operational activities, which may be viewed favorably by investors and stakeholders.
Peer comparison
Dec 31, 2023