Loading…
Maker of metal and plastic food/beverage cans, closures and dispensing systems for consumer brands.
Maker of metal and plastic food/beverage cans, closures and dispensing systems for consumer brands.
Sells packaging under multi-year supply contracts that pass raw-material costs such as steel and resin through to customers, so earnings depend on volume and plant efficiency more than on commodity prices. Many of its can plants sit beside customers' filling lines. Dispensing and closures are the growth businesses.
Moat: narrow (scale, switching costs, installed base). Long-term supply contracts and plants co-located with customers' filling lines.
Headquarters: Stamford, Connecticut, US · Founded: 1987 · Employees: 17,320
Size Silgan (SLGN) is a United States Materials company (Containers/Packaging) with a market value of $4.34B, the 1293rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $41.09 on 6 Nov 2026.
Performance Over six months the shares gained 2.1%, against 0.0% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 4.5% over the last twelve months (peer median +3.3%); the operating margin is 9.6% (peer median 6.8%).
Valuation It trades at 10.2× forward earnings against a peer median of 17.0× (3rd cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.8 points above its cost of capital (6.7% WACC).
Credit Silgan has 3 bonds outstanding ($1.80B), rated BB- by the agencies and trading like BBB- at a weighted spread of 141 bp.
Short interest Short interest is 8.8% of the free float (15 Oct 2026).
Next results Next results expected around 26 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.71B | $6.48B | $5.85B | $5.99B | $6.41B |
| Revenue growth | — | +11% | -2% | -7% | — |
| Gross profit | $1.39B | $1.15B | $1.01B | $993M | $1.05B |
| EBITDA | $1.23B | $976M | $878M | $871M | $919M |
| Net income | $262M | $288M | $276M | $326M | $341M |
| Free cash flow | $347M | $423M | $459M | $256M | $533M |
| Capital expenditure | $301M | $307M | $263M | $227M | $216M |
| Total debt | $4.55B | $4.62B | $4.36B | $3.66B | $3.64B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Silgan SLGN | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% |
| Crown CCK | $13.1B | +20% | +14% | 12% | 13.9× | -4.7% |
| Sonoco Products SON | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% |
| Ball BALL | $17.2B | +13% | +21% | 11% | 15.3× | 6.4% |
| AptarGroup ATR | $9.03B | +18% | +9% | 12% | 23.4× | 4.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SLGN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.8% | +2.0% | 4th highest of 21 |
| 6-month return | +2.1% | 0.0% | 10th highest of 21 |
| Distance from 52-week high | -17.1% | -18.9% | 9th highest of 21 |
| Revenue growth (TTM) | +4.5% | +3.3% | 10th highest of 21 |
| Operating margin | 9.6% | 6.8% | 6th highest of 21 |
| Forward P/E | 10.2× | 17.0× | 3rd cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -5.8% | 4.7% | 3rd least demanding of 17 |
| Growth delivered (Del g) | +5.7% | +6.5% | 8th lowest of 17 |
| Hurdle (Req g minus delivered) | -11.4 pp | -4.0 pp | 3rd least demanding of 17 |
| ROIC minus cost of capital | +3.8 pp | +0.2 pp | 3rd highest of 21 |
| EV / EBITDA | 7.0× | 8.7× | 3rd cheapest of 15 |
| Net debt / EBITDA | 3.4× | 2.9× | 8th most indebted of 17 |
| Bond spread | 141 bp | 117 bp | 2nd widest of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Silgan SLGN | United States | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% | +5.7% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| Mondi MNDI.L | United Kingdom | $4.69B | +5% | +5% | 4% | 36.1× | 15.4% | +2.1% |
| Greif GEF | United States | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% | -4.7% |
| Sonoco Products SON | United States | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% | +7.5% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Shenzhen YUTO Packaging Technology 002831.SZ | China | $5.19B | 0% | +1% | 11% | 20.8× | -0.4% | +7.9% |
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% | +8.2% |
| Jiangsu Sidike New Materials Science & Technology 300806.SZ | China | $5.33B | -17% | +12% | 4% | 154.7× | n/a | n/a |
| Graphic Packaging GPK | United States | $3.31B | +5% | 0% | 6% | 12.3× | 5.0% | +5.6% |
| Huhtamaki HUH1V.HE | Finland | $3.12B | -1% | -2% | 9% | 11.0× | -6.3% | +3.7% |
| China International Marine Containers (Group) 2039.HK | Hong Kong | $6.11B | -35% | +6% | 4% | 12.7× | -8.1% | +9.9% |
| Viscofan VIS.MC | Spain | $2.86B | -5% | +3% | 15% | 16.6× | -3.4% | +6.5% |
| Ardagh Metal Packaging AMBP | United States | $2.82B | +18% | +17% | 5% | 17.0× | 4.1% | +9.8% |
| Nine Dragons Paper 2689.HK | Hong Kong | $2.76B | -29% | +22% | 9% | 4.4× | n/a | n/a |
| SIG SIGN.SW | Switzerland | $7.07B | +23% | -5% | 5% | 20.5× | 18.4% | +9.4% |
| Verallia SAS VRLA.PA | France | $2.56B | -10% | -3% | 9% | 14.7× | 5.6% | +5.6% |
| Yunnan Energy New Material (Group) 002812.SZ | China | $7.55B | -38% | +50% | 17% | 19.8× | 7.8% | +26.1% |
| Stora Enso STEAV.HE | Finland | $8.58B | 0% | -1% | -4% | 18.4× | n/a | n/a |
| AptarGroup ATR | United States | $9.03B | +18% | +9% | 12% | 23.4× | 4.3% | +5.2% |
| Jia Yao 1626.HK | Hong Kong | $2.05B | +175% | +161% | 6% | n/a | n/a | n/a |
Silgan has 3 bonds outstanding with $1.80B face value. The agencies rate it BB-; its bonds trade like BBB-. Weighted yield 4.82%, a spread of 141 bp over government bonds.