Silgan Holdings Inc (SLGN)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 276,414 | 295,743 | 306,307 | 309,100 | 325,965 | 286,131 | 314,217 | 328,002 | 340,848 | 401,285 | 368,874 | 370,675 | 359,081 | 334,148 | 340,707 | 324,403 | 308,722 | 283,467 | 251,890 | 204,673 |
| Total assets | US$ in thousands | 8,584,600 | 7,747,400 | 7,693,240 | 7,574,260 | 7,611,240 | 7,812,300 | 7,913,700 | 7,861,700 | 7,345,800 | 7,519,400 | 7,874,500 | 7,710,400 | 7,770,800 | 7,547,800 | 6,724,300 | 6,441,500 | 6,519,500 | 6,452,600 | 6,373,100 | 5,528,500 |
| ROA | 3.22% | 3.82% | 3.98% | 4.08% | 4.28% | 3.66% | 3.97% | 4.17% | 4.64% | 5.34% | 4.68% | 4.81% | 4.62% | 4.43% | 5.07% | 5.04% | 4.74% | 4.39% | 3.95% | 3.70% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $276,414K ÷ $8,584,600K
= 3.22%
Silgan Holdings Inc's return on assets (ROA) has shown fluctuations over the periods presented in the data. The ROA increased from 3.70% as of March 31, 2020, to a peak of 5.34% by September 30, 2022. This upward trend indicates that the company was effectively utilizing its assets to generate profits during that time frame.
However, following the peak in September 2022, the ROA declined to 3.22% by December 31, 2024. This declining trend suggests a potential decrease in the company's efficiency in generating profits from its assets. It is essential for investors and stakeholders to closely monitor this metric to assess the company's overall performance and asset utilization efficiency.
Overall, while Silgan Holdings Inc's ROA experienced fluctuations, maintaining a stable and preferably increasing ROA is crucial for the company to demonstrate effective management of its assets and generate sustainable returns for its shareholders.
Peer comparison
Dec 31, 2024