Silgan Earnings Reports

Silgan Holdings Inc. announced strong second quarter 2025 results, with net sales increasing by 11% to $1.54 billion and net income rising to $89.0 million. Adjusted net income per diluted share grew by 15% to $1.01. The company achieved record second quarter EBIT and adjusted EBIT, with significant contributions from the Dispensing and Specialty Closures segment and continued growth in metal containers for pet food markets.

Silgan Holdings Inc. delivered a record first quarter in 2025, with net sales reaching $1.47 billion and adjusted diluted EPS increasing by 19% to $0.82. The strong performance was driven by organic volume growth across all segments, outstanding operating performance, and the successful integration of the Weener acquisition.

Silgan Holdings Inc. reported Q4 2024 net income of $45.1 million, or $0.42 per diluted share, compared to $64.4 million, or $0.60 per diluted share, in Q4 2023. Adjusted net income per diluted share for Q4 2024 was a record $0.85, a 35% increase over Q4 2023. Net sales for Q4 2024 were $1.4 billion, a 5% increase compared to the same period in the prior year.

Silgan Holdings Inc. reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share. Adjusted net income per diluted share for the third quarter of 2024 was $1.21. The company completed the acquisition of Weener Packaging and renewed a long-term contract with its largest Metal Containers customer.

Silgan Holdings Inc. reported second quarter 2024 net sales of $1.38 billion and net income of $76.1 million, or $0.71 per diluted share. Adjusted net income per diluted share was $0.88. The company saw volume growth in all segments and expects to achieve its two-year $50 million cost reduction program.

Silgan Holdings Inc. reported first quarter 2024 net sales of $1.32 billion and net income of $55.2 million, or $0.52 per diluted share. Adjusted net income per diluted share for the first quarter of 2024 was $0.69. The company is confirming its estimate of adjusted net income per diluted share for the full year of 2024 in the range of $3.55 to $3.75.

Silgan Holdings Inc. reported Q4 2023 net sales of $1.3 billion, an 8% decrease compared to the same period in the prior year. Net income for the quarter was $64.4 million, or $0.60 per diluted share, compared to $24.6 million, or $0.22 per diluted share, for Q4 2022. The company highlighted continued growth in high-value dispensing products and announced a multi-year $50 million cost reduction program.

Silgan Holdings reported Q3 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share. Adjusted net income per diluted share was $1.16. The company saw mid-single digit growth in high value dispensing products. A multi-year $50 million cost reduction program was announced. The company expects earnings growth in 2024 independent of market recovery.

Silgan Holdings Inc. reported second quarter 2023 net sales of $1.43 billion and net income of $78.9 million, or $0.71 per diluted share. The company's performance was impacted by customer inventory management initiatives and the effects of inflation on consumer buying habits. However, Silgan continued to advance its strategic initiatives and secured new long-term business awards.

Silgan Holdings Inc. reported first quarter 2023 net sales of $1.42 billion and net income of $72.0 million, or $0.65 per diluted share. Adjusted net income per diluted share for the first quarter of 2023 was $0.78. The company confirms outlook for 2023 earnings and free cash flow.

Silgan Holdings Inc. reported a 1.1% increase in net sales for the fourth quarter of 2022, reaching $1.46 billion. However, net income decreased to $24.6 million, or $0.22 per diluted share, compared to $85.0 million, or $0.76 per diluted share, for the same period in 2021. Adjusted net income per diluted share for the fourth quarter of 2022 was a record $0.84, a 6% increase over the previous record of $0.79 in 2021.

Silgan Holdings Inc. reported record third-quarter net sales of $1.97 billion, a 19.3% increase over the prior year, and record net income of $138.7 million, or $1.25 per diluted share, compared to $106.3 million, or $0.96 per diluted share in the third quarter of 2021. Adjusted EPS was $1.27, a 25% increase over the prior year. The company is tightening its full-year 2022 adjusted EPS estimate to $3.90 to $4.00 and maintains its free cash flow estimate of approximately $350 million.

Silgan Holdings Inc. reported record second-quarter net sales of $1.54 billion, a 14.5% increase over the prior year. The company's adjusted EPS reached a record $1.08 per diluted share, a 27% increase year-over-year. Silgan confirmed its record full-year earnings outlook and anticipates delivering another new all-time record adjusted earnings per diluted share in the third quarter of 2022.

Silgan Holdings Inc. reported a record first quarter with net income of $84.9 million, or $0.76 per diluted share, and adjusted EPS of $0.78 per diluted share. Revenues grew significantly in each business segment, and the company is raising its full year 2022 adjusted EPS guidance.

Silgan Holdings Inc. reported full year 2021 net income of $359.1 million, or $3.23 per diluted share, as compared to full year 2020 net income of $308.7 million, or $2.77 per diluted share. Adjusted net income per diluted share was a record $3.40 for the full year of 2021, after adjustments increasing net income per diluted share by $0.17. The Company reported net income for the fourth quarter of 2021 of $85.0 million, or $0.76 per diluted share, as compared to net income for the fourth quarter of 2020 of $60.1 million, or $0.54 per diluted share.

Silgan Holdings Inc. reported third quarter 2021 net income of $106.3 million, or $0.96 per diluted share, as compared to third quarter 2020 net income of $112.9 million, or $1.01 per diluted share. Adjusted net income per diluted share for the third quarter of 2021 was $1.02, after adjustments increasing net income per diluted share by $0.06.

Silgan Holdings Inc. reported record second quarter 2021 net income of $94.5 million, or $0.85 per diluted share. Net sales for the second quarter of 2021 were $1.35 billion, an increase of $172.2 million, or 14.6 percent, as compared to the same period in the prior year.

Silgan Holdings Inc. reported record first quarter 2021 net income of $73.3 million, or $0.66 per diluted share, as compared to first quarter 2020 net income of $57.6 million, or $0.52 per diluted share. Adjusted net income per diluted share was a record $0.75 for the first quarter of 2021.

Silgan Holdings Inc. reported a strong performance for Q4 2020, with net sales increasing by 17.0% to $1.23 billion compared to Q4 2019. The company's net income for the quarter was $60.1 million, or $0.54 per diluted share, compared to $34.8 million, or $0.31 per diluted share, in the same period of the previous year. Adjusted net income per diluted share for Q4 2020 was $0.60, up from $0.38 in Q4 2019.

Silgan Holdings Inc. reported record third quarter 2020 net income of $112.9 million, or $1.01 per diluted share, compared to $81.3 million, or $0.73 per diluted share, in the third quarter of 2019. Adjusted net income per diluted share was a record $1.04. Net sales for the third quarter of 2020 were $1.49 billion, an increase of 12.7 percent compared to the same period in the prior year.

Silgan Holdings Inc. reported record second quarter 2020 net income of $78.2 million, or $0.70 per diluted share, as compared to second quarter 2019 net income of $31.0 million, or $0.28 per diluted share. Adjusted net income per diluted share was a record $0.85 for the second quarter of 2020.

Silgan Holdings Inc. reported record first quarter 2020 net income of $57.6 million, or $0.52 per diluted share, as compared to first quarter 2019 net income of $46.7 million, or $0.42 per diluted share. Adjusted net income per diluted share was a record $0.57 for the first quarter of 2020, after adjustments increasing net income per diluted share by $0.05.

Silgan Holdings Inc. reported a decrease in net sales for the fourth quarter of 2019, with net income at $34.8 million, or $0.31 per diluted share, compared to $38.2 million, or $0.34 per diluted share, for the fourth quarter of 2018. Adjusted net income per diluted share for both Q4 2019 and Q4 2018 was $0.38. The decrease in net sales was primarily due to lower volumes in the metal container and closures businesses.