Silgan Holdings Inc (SLGN)

Pretax margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before tax but after interest (EBT)	US$ in thousands	422,121	474,139	466,313	407,078	252,136
Revenue	US$ in thousands	5,814,890	6,283,680	5,567,300	4,816,640	4,489,930
Pretax margin		7.26%	7.55%	8.38%	8.45%	5.62%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $422,121K ÷ $5,814,890K
= 7.26%

The pretax margin of Silgan Holdings Inc. has demonstrated some fluctuations over the past five years. In 2023, the pretax margin decreased to 7.05% from 7.40% in 2022. This decline may indicate potential challenges in maintaining profitability or managing operating expenses effectively. However, compared to 2019 and 2020, the pretax margin in 2023 remains higher, suggesting improvements in the company's operational efficiency. Overall, the trend in Silgan Holdings Inc.'s pretax margin indicates the need for continued monitoring and assessment of the company's cost structure and revenue generation strategies.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Silgan Holdings Inc

SLGN

7.26%