Filing Flows › Silgan Holdings (SLGN) › Q1 2025
Silgan Holdings (SLGN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Silgan Holdings (SLGN) reported revenue of $1.5B for the first quarter 2025 (Q1 2025), +11% from a year earlier and +4% from the quarter before. Operating margin was 6.1%, net earnings $68.0M (4.6% of revenue).
Silgan Holdings, Q1 2025: revenue $1.5B (+11% year over year), operating margin 6.1%, net earnings $68.0M, operating cash flow −$683M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +4% | +11% |
| Gross profit | $270M | +13% | +21% |
| Operating profit | $88.8M | +80% | +21% |
| Net earnings | $68.0M | +51% | +23% |
| Operating cash flow | −$683M | — | — |
What changed
Revenue was $1.5B in Q1 2025, up 11% year over year and up 4% from the previous quarter. Dispensing and Specialty Closures was the largest line at 46% of revenue. Dispensing and Specialty Closures added $0.14B year over year (up 25%), 90% of the total change.
Gross margin was 18.4%, up 1.5 points from a year earlier. Operating profit was $0.09B, a 6.1% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, above the 6% margin then. Operating expenses grew 21% against revenue growth of 11%. The fastest-growing cost line was SG&A (+28%). Net earnings were $0.07B, up 23% year over year. The effective tax rate was 23.4%.
Operating cash flow was −$0.68B. Non-cash charges added back $0.08B of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items used $0.84B. Capital expenditures of $0.08B exceeded it, leaving free cash flow of −$0.77B.
Questions
What was Silgan Holdings' revenue in the first quarter 2025?
Silgan Holdings (SLGN) reported revenue of $1.5B for the first quarter 2025 (Q1 2025), +11% from a year earlier and +4% from the quarter before.
Was Silgan Holdings profitable in the first quarter 2025?
Operating profit was $88.8M (6.1% of revenue) and net earnings $68.0M.
Source: Silgan Holdings 10-Q on SEC EDGAR.