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Silgan Holdings (Silgan Holdings) Gross Profit : $993 Mil (TTM As of Dec. 2023)


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What is Silgan Holdings Gross Profit?

Silgan Holdings's gross profit for the three months ended in Dec. 2023 was $219 Mil. Silgan Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $993 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Silgan Holdings's gross profit for the three months ended in Dec. 2023 was $219 Mil. Silgan Holdings's Revenue for the three months ended in Dec. 2023 was $1,340 Mil. Therefore, Silgan Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 16.31%.

Silgan Holdings had a gross margin of 16.31% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Silgan Holdings was 17.62%. The lowest was 14.17%. And the median was 15.71%.


Silgan Holdings Gross Profit Historical Data

The historical data trend for Silgan Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Silgan Holdings Gross Profit Chart

Silgan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 713.74 867.40 918.42 1,047.81 992.56

Silgan Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 232.67 237.97 250.13 285.92 218.55

Competitive Comparison of Silgan Holdings's Gross Profit

For the Packaging & Containers subindustry, Silgan Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silgan Holdings's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Silgan Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Silgan Holdings's Gross Profit falls into.



Silgan Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Silgan Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=5988.205 - 4995.647
=993

Silgan Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1340.096 - 1121.547
=219

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $993 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Silgan Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=219 / 1340.096
=16.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Silgan Holdings  (NYSE:SLGN) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Silgan Holdings had a gross margin of 16.31% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Silgan Holdings Gross Profit Related Terms

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Silgan Holdings (Silgan Holdings) Business Description

Traded in Other Exchanges
Address
4 Landmark Square, Suite 400, Stamford, CT, USA, 06901
Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.
Executives
Anthony J Allott officer: President and COO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Thomas James Snyder officer: President - Silgan Containers C/O SILGAN CONTAINERS LLC, 21600 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Stacey J. Mcgrath officer: Vice President, Tax C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Joseph M Jordan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Robert B Lewis officer: EVP and CFO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Shawn C Fabry officer: SVP, Corporate Development C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Kimberly Irene Ulmer officer: Vice President & Controller 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Niharika Ramdev director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Daniel Patrick Murphy officer: Vice President & Controller C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
B. Frederick Prinzen officer: Vice President, Corp. Dev. SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, STAMFORD CT 06901
Jay A Martin officer: Vice President P O BOX 5311, NEW CASTLE PA 16105
D Greg Horrigan director, 10 percent owner, officer: Co-Chairman and Co-CEO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
William T Donovan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE SUITE 400, STAMFORD CT 06901
Kimberly A Fields director C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217
Anthony P Andreacchi officer: Vice President, Tax 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901

Silgan Holdings (Silgan Holdings) Headlines