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Silgan Holdings (SLGN) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 26, 2026

Silgan Holdings (SLGN) reported revenue of $1.5B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -27% from the quarter before. Operating margin was 3.7%, net earnings $18.2M (1.2% of revenue).

Revenue$1.5B
Year over year+4%
Quarter over quarter-27%
Operating margin3.7%
Net earnings$18.2M

Silgan Holdings, Q4 2025: revenue $1.5B (+4% year over year), operating margin 3.7%, net earnings $18.2M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$1.5B-27%+4%
Gross profit$253M-23%+6%
Operating profit$54.1M-64%+10%
Net earnings$18.2M-84%-60%
Operating cash flow$1.3B+280%+38%
Free cash flow$1.2B+369%+41%

What changed

Revenue was $1.5B in Q4 2025, up 4% year over year and down 27% from the previous quarter. Metal Containers was the largest line at 46% of revenue.

Gross margin was 17.2%, up 0.3 points from a year earlier. Operating profit was $0.05B, a 3.7% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, above the 3% margin then. Operating expenses grew 5% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $0.02B, down 60% year over year. The effective tax rate was 66.3%.

Operating cash flow was $1.3B (up 38% year over year), 7107% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $1.2B. Capital expenditures of $0.07B left free cash flow of $1.2B.

Questions

What was Silgan Holdings' revenue in the fourth quarter 2025?

Silgan Holdings (SLGN) reported revenue of $1.5B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -27% from the quarter before.

Was Silgan Holdings profitable in the fourth quarter 2025?

Operating profit was $54.1M (3.7% of revenue) and net earnings $18.2M.

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Source: Silgan Holdings 10-K on SEC EDGAR.