Silgan Holdings Inc (SLGN)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 347,670 | 83,600 | 474,200 | 466,300 | 407,100 |
Revenue | US$ in thousands | 5,854,690 | 5,988,200 | 6,411,500 | 5,677,100 | 4,921,900 |
Pretax margin | 5.94% | 1.40% | 7.40% | 8.21% | 8.27% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $347,670K ÷ $5,854,690K
= 5.94%
The pretax margin of Silgan Holdings Inc has fluctuated over the years. It stood at 8.27% as of December 31, 2020, and slightly decreased to 8.21% by December 31, 2021. However, there was a more significant decline to 7.40% by December 31, 2022. The pretax margin decreased substantially further to 1.40% by December 31, 2023, reflecting potential operational challenges or changing market conditions. However, there was a noticeable improvement to 5.94% by December 31, 2024, indicating some recovery in profitability. It is important for the company to closely monitor and address factors impacting its pretax margin to maintain sustainable financial performance.
Peer comparison
Dec 31, 2024