Silgan Holdings Inc (SLGN)

Return on total capital

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before interest and tax (EBIT)	US$ in thousands	595,436	600,481	574,741	510,905	357,810
Long-term debt	US$ in thousands	2,546,450	3,345,380	3,772,930	3,223,220	2,214,610
Total stockholders’ equity	US$ in thousands	1,889,360	1,718,260	1,562,700	1,252,870	1,023,320
Return on total capital		13.42%	11.86%	10.77%	11.41%	11.05%

December 31, 2023 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $595,436K ÷ ($2,546,450K + $1,889,360K)
= 13.42%

The return on total capital for Silgan Holdings Inc. has shown some fluctuations over the past five years. The ratio decreased from 12.18% in 2019 to 10.87% in 2020, before rebounding to 10.09% in 2021. There was a further improvement in 2022 with the return on total capital reaching 12.26%. However, by the end of 2023, the ratio declined to 11.44%. Overall, the company has maintained a relatively stable performance in terms of generating returns from its total capital over the period under review.

Peer comparison

Dec 31, 2023

Company name

Symbol

Return on total capital

Silgan Holdings Inc

SLGN

13.42%