Silgan Holdings Inc (SLGN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 422,121 | 385,043 | 423,883 | 456,039 | 474,139 | 527,230 | 482,441 | 479,632 | 466,313 | 444,871 | 450,301 | 429,150 | 407,078 | 376,925 | 334,869 | 269,670 | 252,138 | 253,731 | 259,735 | 291,239 |
| 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 |
| Pretax margin | 7.26% | 6.48% | 6.93% | 7.29% | 7.55% | 8.40% | 8.09% | 8.32% | 8.38% | 8.30% | 8.67% | 8.50% | 8.36% | 7.99% | 7.32% | 6.00% | 5.62% | 5.62% | 5.77% | 6.52% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $422,121K ÷ $5,814,900K
= 7.26%
To analyze Silgan Holdings Inc.'s pretax margin, we can observe a fluctuating trend over the past eight quarters. The pretax margin ranged from 6.31% to 8.24% during this period. Q4 2022 had the highest pretax margin of 8.24%, followed closely by Q2 2022 at 8.16%. However, Q3 2022 also showed a strong pretax margin of 7.94%.
On the other hand, Q3 2023 had the lowest pretax margin of 6.31%, indicating a decrease in profitability compared to the previous quarters. Q4 2023 showed a slight improvement, with a pretax margin of 7.05%.
Overall, although there were fluctuations, Silgan Holdings Inc. maintained a pretax margin above 6% throughout the periods analyzed. The management may need to focus on sustaining or improving profitability to ensure long-term financial health and growth of the company.
Peer comparison
Dec 31, 2023