Silgan Holdings Inc (SLGN)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	325,965	340,848	359,081	308,722	193,814
Total stockholders’ equity	US$ in thousands	1,889,360	1,718,260	1,562,700	1,252,870	1,023,320
ROE		17.25%	19.84%	22.98%	24.64%	18.94%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $325,965K ÷ $1,889,360K
= 17.25%

Silgan Holdings Inc.'s return on equity (ROE) has shown a declining trend over the past five years, decreasing from 18.94% in 2019 to 17.25% in 2023. This suggests a decrease in the company's ability to generate profits from its shareholders' equity over the period. The downward trajectory may indicate inefficiencies in asset utilization, increasing debt levels, or declining profitability. It is crucial for the company to analyze the factors contributing to this decline in ROE and take necessary steps to improve its profitability and efficiency in order to enhance shareholder value.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROE

Silgan Holdings Inc

SLGN

17.25%