Silgan Holdings Inc (SLGN)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 7,611,240 | 7,812,310 | 7,913,720 | 7,861,720 | 7,345,760 | 7,519,410 | 7,874,500 | 7,710,410 | 7,770,850 | 7,547,840 | 6,724,320 | 6,441,470 | 6,511,590 | 6,452,580 | 6,373,060 | 5,528,540 | 4,931,060 | 5,074,020 | 5,111,220 | 4,924,570 |
| Operating ROA | 7.18% | 8.80% | 8.05% | 6.96% | 6.52% | 6.88% | 5.92% | 6.37% | 6.19% | 5.92% | 6.84% | 6.98% | 6.72% | 7.08% | 6.70% | 6.69% | 7.29% | 7.27% | 7.34% | 8.31% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $546,669K ÷ $7,611,240K
= 7.18%
To analyze Silgan Holdings Inc.'s operating return on assets (operating ROA) based on the provided data, we can observe the trend of the ratio over the past eight quarters.
The operating ROA for Silgan Holdings Inc. has shown relative stability over the period. The ratio ranged from a high of 8.59% in Q4 2022 to a low of 7.10% in Q2 2022, indicating a moderate level of consistency in the company's ability to generate operating profits from its assets.
Although there was a slight decrease in Q1 2023 compared to the previous quarter, with an operating ROA of 8.06%, the overall trend suggests a generally healthy performance in utilizing its assets to generate operating income. It is important to note that a consistently positive operating ROA indicates that the company is efficiently using its assets to generate profits from its core operations.
In conclusion, Silgan Holdings Inc.'s operating ROA has been relatively stable over the past eight quarters, reflecting the company's ability to generate operating profits in relation to its assets. It is essential for investors and analysts to continue monitoring this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2023