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Silgan Holdings (SLGN) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Silgan Holdings (SLGN) Q3 2026 earnings results →

Q3 2026 Revenue up 2% year over year to $2.0B · 5¢ of every $1 of revenue kept as net profit · operating margin 7.1%

Silgan Holdings made $2.0B in Q3 2026 (+2% Y/Y): Metal Containers $1.2B, Dispensing and Specialty Closures $699M, Custom Containers $167M. Operating margin 7.1%, net earnings $105M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$2.0B
Year over year+2%
Operating margin7.1%
Net earnings$105M
Operating cash flow$347M

Drawing the Sankey…

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Silgan Holdings Q3 2026 revenue breakdown: Sankey diagram of revenue (Metal Containers, Dispensing and Specialty Closures, Custom Containers), costs, profit and cash flow
Silgan Holdings Q3 2026 revenue breakdown — free to use with credit and a link (terms). Share on X
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What changed this quarter

Revenue was $2.0B in Q3 2026, up 2% year over year and up 24% from the previous quarter. Metal Containers was the largest line at 58% of revenue. Metal Containers added $0.02B year over year (up 1%), 51% of the total change.

Gross margin was 16.1%, down 0.2 points from Q3 2025. Operating profit was $0.15B, a 7.1% margin (down 0.3 points year over year). Operating profit fell $4.2M even though revenue rose $0.03B versus Q3 2025, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $0.10B, down 7% year over year. The effective tax rate was 27.7%.

Operating cash flow was $0.35B (up 2% year over year), 331% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items added $0.15B. Capital expenditures of $0.08B left free cash flow of $0.26B.

Quarterly history

Silgan Holdings revenue by quarterSilgan Holdings revenue by quarter$1.5BQ1 2025$1.5BQ2 2025$2.0BQ3 2025$1.5BQ4 2025$1.6BQ1 2026$1.6BQ2 2026$2.0BQ3 2026
Silgan Holdings net earnings by quarterSilgan Holdings net earnings by quarter$68.0MQ1 2025$88.9MQ2 2025$113MQ3 2025$18.2MQ4 2025$63.0MQ1 2026$75.8MQ2 2026$105MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$2.0B+2%7.1%$105M$347M
Q2 202610-QAug 6, 2026$1.6B+7%6.4%$75.8M−$194M
Q1 202610-QMay 6, 2026$1.6B+6%5.5%$63.0M−$800M
Q4 202510-KFeb 26, 2026$1.5B+4%3.7%$18.2M$1.3B
Q3 202510-QNov 5, 2025$2.0B+15%7.4%$113M$341M
Q2 202510-QAug 7, 2025$1.5B+11%7.8%$88.9M−$221M
Q1 202510-QMay 8, 2025$1.5B+11%6.1%$68.0M−$683M

Charts

Silgan Holdings: revenue growth, year over year and quarter over quarterSilgan Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q+11%Q1 2025+11%+5%Q2 2025+15%+31%Q3 2025+4%-27%Q4 2025+6%+6%Q1 2026+7%+5%Q2 2026+2%+24%Q3 2026
Latest (Q3 2026): Y/Y +2%, Q/Q +24%.
Silgan Holdings: where the cash came from (+) and went (−), TTM to Q3 2026Silgan Holdings: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$647MNet borrowing (+) / repaid (−)−$310MCapital spending−$301MDividends−$88.3MCash drawn (+) / kept (−)$64.2MBuybacks−$16.6MAsset & business sales$5.0MOther financing−$2.1MOther investing$1.6MExchange rates−$56K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Silgan Holdings: profit against cash, quarter by quarterSilgan Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow$45.1M$936MQ4 2024$68.0M−$683MQ1 2025$88.9M−$221MQ2 2025$113M$341MQ3 2025$18.2M$1.3BQ4 2025$63.0M−$800MQ1 2026$75.8M−$194MQ2 2026$105M$347MQ3 2026
Latest (Q3 2026): Net income $105M, Operating cash flow $347M.
Silgan Holdings: diluted shares by fiscal yearSilgan Holdings: diluted shares by fiscal year111MFY2020111MFY2021111MFY2022109MFY2023107MFY2024107MFY2025
-4.1% since FY2020: buybacks shrank the count.
Silgan Holdings: long-term debt falling due (FY2025)Silgan Holdings: long-term debt falling due (FY2025)$628M2026$194M2027$1.4B2028$192M2029$1.2B2030
Cash $1.1B, short-term investments —, long-term debt — at 2025-12-31.

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Silgan Holdings against its Metal Cans peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +16%. Operating margin: 7.1% against the peers' median 7.1%.

CompanyQuarterRevenueY/YOp. margin
SLGN Silgan HoldingsQ3 2026$2.0B+2%7.1%
BALL BallQ3 2026$4.2B+24%-3.3%
CCK Crown HoldingsQ3 2026$3.7B+16%11.9%

Source: Silgan Holdings 10-Q on SEC EDGAR · CIK 849869 · Metal Cans

Guidance and outlook

Silgan Holdings Tax rate: guidance against what was reportedSilgan Holdings Tax rate: guidance against what was reportedguided rangereported (above / within / below)FY202420.7%FY202529.9%FY2026
Met or beat 1 of 2 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.

13F: who owns SLGN and who is buying

Largest holders of SLGN (13F)Largest holders of SLGN (13F)FMR LLC$735MBlackRock$369MVanguard Group$350MDimensional Fund Advisors LP$247MVanguard Portfolio Management LLC$224MFuller & Thaler Asset Management$212MVanguard Capital Management LLC$187MState Street$181MMillennium Management LLC$130MInvesco$110M
Funds' net buying of SLGN by quarter (13F)Funds' net buying of SLGN by quarter (13F)$167M2024-09$8.5M2024-12$35.0M2025-03$104M2025-06$286M2025-09$308M2025-12−$229M2026-03$37.0M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on SLGN

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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中文版:Silgan Holdings(SLGN)财报

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