10-K · February 26, 2026
Silgan reports consolidated net sales of approximately $6.5 billion in 2025, driven by strength in metal containers ($3.1 billion) and dispensing & specialty closures ($2.7 billion). Management completed a $50 million…
Earnings analysis · 10-Q
SLGN earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Silgan Holdings Inc. reported Q1 2026 results with revenue of $1.56 billion, up 6.4% year-over-year, and EPS of $0.78, exceeding analyst expectations. Segment performance varied, with growth in Metal Containers offset…
Read full summary
Silgan Holdings Inc. reported Q1 2026 results with revenue of $1.56 billion, up 6.4% year-over-year, and EPS of $0.78, exceeding analyst expectations. Segment performance varied, with growth in Metal Containers offset by declines in Custom Containers, leading to a modest decrease in gross margin due to higher costs and product mix issues.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.78
What stood out
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Revenue Growth of 6.4%
Consolidated net sales increased to $1.56 billion, up $94.6 million compared to Q1 2025.
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EPS Surprise
Reported diluted EPS of $0.78, exceeding estimates of $0.74.
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Strong Performance in Metal Containers
Net sales grew 15.4% to $724.9 million, driven by higher unit volumes and foreign currency effects.
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Increased Free Cash Flow Guidance
Management confirmed free cash flow guidance for 2026 at approximately $450 million.
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Reduction in SG&A as % of Sales
SG&A expenses fell to 8.4% of sales from 8.8% compared to last year.
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Stable Capital Allocation
Management continues to evaluate acquisition opportunities while maintaining shareholder returns.
What to watch
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Raw Material Inflation
The company noted inflation in raw materials impacting cost structures and margins.
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Volume Declines in Key Segments
Custom Containers experienced a 9.6% decline in sales due to lower demand and customer destocking.
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Geographical Profit Mix Risk
Changes in geographic profit distribution increased the effective tax rate to 26.5%, up from 23.8%.
Management's outlook
Management raised full-year adjusted EPS guidance range to $3.73-$3.93.
Earlier filings 4
10-Q · November 5, 2025
Silgan reported Q3 net sales of $2,008,739 (thousands) and diluted EPS of $1.06, both up year-over-year. Revenue grew across all reportable segments (notably Europe/Other) while gross margin tightened slightly to 16.3%…
10-Q · August 7, 2025
Silgan reported Q2 net sales of $1,539,161,000 (up $157,796,000 or ~11.4% YoY) with gross profit of $299,091,000 (gross margin ~19.4%) and operating income of $167,531,000 (operating margin ~10.9%). Diluted EPS rose to…
10-Q · May 8, 2025
Silgan reported Q1 net sales of $1,466,661,000, up $149,623,000 (11.4%) versus $1,317,038,000 a year ago, with gross margin expanding to 18.4% and diluted EPS rising to $0.63 from $0.52. Adjusted EBIT increased to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.