Silgan Holdings Inc (SLGN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 574,576 | 122,000 | 601,962 | 591,100 | 512,400 |
| Total assets | US$ in thousands | 8,584,600 | 7,611,240 | 7,345,800 | 7,770,800 | 6,519,500 |
| Operating ROA | 6.69% | 1.60% | 8.19% | 7.61% | 7.86% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $574,576K ÷ $8,584,600K
= 6.69%
The operating return on assets (operating ROA) for Silgan Holdings Inc has fluctuated over the past five years. In December 2020, the operating ROA was 7.86%, which slightly decreased to 7.61% by December 2021. However, there was an improvement in performance in December 2022, with the operating ROA increasing to 8.19%. The following year, December 2023, saw a significant decline in operating ROA to 1.60%, indicating a potential decrease in efficiency or profitability. By December 2024, the operating ROA had recovered to 6.69%, but it still remained below the levels observed in 2022.
It is evident that Silgan Holdings Inc's operating ROA has been somewhat volatile, with notable fluctuations in performance over the five-year period examined. Further analysis would be required to identify the specific factors driving these changes and to assess the company's overall operational effectiveness and asset utilization.
Peer comparison
Dec 31, 2024