Silgan Holdings Inc (SLGN)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	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	193,815	197,163	200,628	225,016
Total stockholders’ equity	US$ in thousands	1,889,360	1,781,890	1,871,140	1,781,290	1,718,260	1,693,230	1,625,460	1,638,240	1,562,700	1,456,710	1,388,580	1,276,360	1,252,870	1,218,860	1,089,690	1,020,580	1,023,320	968,530	929,902	900,207
ROE		17.25%	16.06%	16.79%	18.41%	19.84%	23.70%	22.69%	22.63%	22.98%	22.94%	24.54%	25.42%	24.64%	23.26%	23.12%	20.05%	18.94%	20.36%	21.58%	25.00%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ 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 eight quarters, dropping from 22.63% in Q1 2022 to 17.25% in Q4 2023. This indicates that the company's efficiency in generating profits from shareholders' equity has weakened over time. The fluctuations in ROE may be influenced by various factors such as changes in net income, total equity, or financial leverage. Further analysis is recommended to understand the reasons behind the declining ROE and to identify potential areas for improvement in the company's financial performance.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROE

Silgan Holdings Inc

SLGN

17.25%