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Silgan Holdings (SLGN)
NYSE:SLGN
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Silgan Holdings (SLGN) AI Stock Analysis

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SLGN

Silgan Holdings

(NYSE:SLGN)

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Neutral 63 (OpenAI - Gpt-5.6Sol)
Rating:63Neutral
Price Target:
$38.00
▼(-10.92% Downside)
Action:Reiterated
Date:09/06/26
The score is anchored by solid operating profitability and meaningful free cash flow, but is held back by elevated leverage and signs of declining net profitability. Technical indicators suggest weaker near-term momentum, while reasonable valuation and reaffirmed guidance/FCF targets from the earnings call provide support. Recent corporate events are mixed, with leadership transition risk offset by ongoing dividend commitment.
Positive Factors
Strong Cash Generation
TTM operating cash flow of ~$641M and free cash flow of ~$343M, with FCF growth of 11.6%, demonstrates substantial internal funding capacity. This supports capital investment, debt service and shareholder returns, while reducing reliance on external financing across the next several quarters.
Negative Factors
Elevated Leverage
Persistent debt-to-equity of roughly 2.0–2.6 limits financial flexibility and can increase sensitivity to interest costs or operating setbacks. Leverage may constrain the funds available for acquisitions, investment and shareholder returns, while also amplifying the impact of weaker earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Cash Generation
TTM operating cash flow of ~$641M and free cash flow of ~$343M, with FCF growth of 11.6%, demonstrates substantial internal funding capacity. This supports capital investment, debt service and shareholder returns, while reducing reliance on external financing across the next several quarters.
Read all positive factors

Silgan Holdings Key Performance Indicators (KPIs)

Any
Any
Revenue by Geography
Revenue by Geography
Shows how much revenue Silgan generates in each region, revealing dependence on particular markets and where growth or weakness is coming from. Geography breakdown highlights exposure to currency swings, regional raw-material or labor cost differences, and where Silgan’s sales are most sensitive to consumer demand or supply-chain disruptions.
Chart InsightsNorth America remains the dominant, highly seasonal revenue engine (strong Q3 peaks) but recent YoY gains are modest; Europe & Other has accelerated materially since 2024, meaningfully reducing geographic concentration and reflecting successful international wins and price pass-through. Management’s net‑sales growth, pet‑food and vegetable supply contracts, and fragrance momentum support the shift, yet resin volatility, Brazil weakness and higher corporate expense pose near‑term margin risks even as volumes are expected to recover.
Data provided by:The Fly

Silgan Holdings (SLGN) vs. SPDR S&P 500 ETF (SPY)

Silgan Holdings Business Overview & Revenue Model

Company Description
Silgan Holdings Inc., along with its affiliates, manufactures and distributes rigid packaging solutions for consumer products across North America, Europe, and other global markets. The company operates through three principal divisions. Its Metal...
How the Company Makes Money
Silgan makes money by manufacturing and selling rigid packaging components to brand owners, food processors, and consumer products companies, generating revenue largely from high-volume, repeat purchase orders tied to customers’ ongoing production...

Silgan Holdings Earnings Call Summary

Earnings Call Date:Jul 29, 2026
(Q2-2026)
|
% Change Since: |
Next Earnings Date:Oct 29, 2026
Earnings Call Sentiment Positive
The call conveyed a generally constructive outlook: solid top-line growth (net sales +7%), strong cash flow guidance (~$450M FCF), and segment-level wins (wet pet food +7%, fragrance momentum, a new long-term vegetable supply agreement). Headwinds included a modest decline in total Adjusted EBIT (-4%), a small EPS decline in Q2 (-$0.03), a ~ $10M unrecovered resin headwind in Q2, and regional softness in Brazil and human-food can markets. Management confirmed full-year guidance and reiterated confidence in H2 volume recovery and continued organic growth, weighing positive operational execution and cash generation more heavily than the near-term cost and regional challenges.
Positive Updates
Net Sales Growth
Net sales approximately $1.6 billion, up 7% year-over-year, driven largely by pass-through of higher raw material and other costs (primarily in Metal Containers).
Negative Updates
Adjusted EBIT Decline
Total Adjusted EBIT for the quarter was $185 million, down ~4% year-over-year; decline driven by lower EBIT in Metal Containers and higher corporate expense offsetting gains in Custom Containers.
Read all updates
Q2-2026 Updates
Negative
Net Sales Growth
Net sales approximately $1.6 billion, up 7% year-over-year, driven largely by pass-through of higher raw material and other costs (primarily in Metal Containers).
Read all positive updates
Company Guidance
Silgan confirmed its 2026 outlook, reiterating Q3 adjusted EPS guidance of $1.21–$1.31 (prior-year Q3 $1.22) — the midpoint assumes roughly +$10M year-over-year Adjusted EBIT, interest expense of $50–$55M and a tax rate of ~25–26%, with volumes expected to be above prior-year levels in all segments on a comparable basis. For the full year management reaffirmed adjusted EPS of $3.73–$3.93 (2025: $3.72), low- to mid-single-digit total Adjusted EBIT growth, corporate expense of ~ $50M, interest expense of ~ $200M and a 25–26% tax rate. Volume guidance by segment: Dispensing & Specialty Closures organic volume/mix growth of low- to mid-single digits (dispensing itself low- to mid-single digits), Metal Containers volumes up low-single-digits (driven by mid-single-digit pet food growth and stable human-food volumes), and Custom Containers comparable to prior year with H2 higher as new business commercializes. They also confirmed free cash flow of ~ $450M, which includes CapEx of ~ $310M; management noted Q2 results of ~ $1.6B net sales, $185M Adjusted EBIT and $0.98 adjusted EPS while expecting to deliver organic growth in H2.

Silgan Holdings Financial Statement Overview

Summary
Profitability and cash generation are solid (TTM gross margin ~17.4%, EBITDA margin ~14.0%, operating cash flow ~$641M, free cash flow ~$343M). Offsetting this, net profitability has trended down over multiple years (net margin ~6.3% in 2021 to ~4.3% TTM), leverage is elevated (~2.0–2.6 debt-to-equity historically), and the TTM balance-sheet snapshot has data quality gaps that reduce confidence in the most recent leverage figures.
Income Statement
72
Positive
Balance Sheet
58
Neutral
Cash Flow
63
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.68B6.48B5.85B5.99B6.41B5.68B
Gross Profit1.14B1.15B1.01B992.56M1.05B918.42M
EBITDA928.91M917.03M789.92M858.67M863.27M825.10M
Net Income270.30M288.40M276.38M325.96M340.85M359.08M
Balance Sheet
Total Assets9.60B9.40B8.58B7.61B7.35B7.77B
Cash, Cash Equivalents and Short-Term Investments351.50M1.08B822.85M642.92M585.62M631.44M
Total Debt4.83B4.62B4.36B3.66B3.64B4.03B
Total Liabilities7.22B7.12B6.60B5.72B5.63B6.21B
Stockholders Equity2.38B2.27B1.99B1.89B1.72B1.56B
Cash Flow
Free Cash Flow342.75M422.75M459.09M255.79M532.65M324.50M
Operating Cash Flow640.84M729.84M721.87M482.60M748.41M556.80M
Investing Cash Flow-293.15M-297.31M-1.18B-223.81M-215.60M-976.00M
Financing Cash Flow-315.64M-207.50M662.52M-211.39M-569.59M648.60M

Silgan Holdings Technical Analysis

Technical Analysis Sentiment
Negative
Last Price42.66
Price Trends
50DMA
39.00
Negative
100DMA
40.58
Negative
200DMA
41.17
Negative
Market Momentum
MACD
-1.14
Negative
RSI
38.26
Neutral
STOCH
74.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SLGN, the sentiment is Negative. The current price of 42.66 is above the 20-day moving average (MA) of 35.98, above the 50-day MA of 39.00, and above the 200-day MA of 41.17, indicating a bearish trend. The MACD of -1.14 indicates Negative momentum. The RSI at 38.26 is Neutral, neither overbought nor oversold. The STOCH value of 74.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SLGN.

Silgan Holdings Risk Analysis

Silgan Holdings disclosed 1 risk factors in its most recent earnings report. Silgan Holdings reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Silgan Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
$11.80B15.7626.54%1.19%10.76%45.91%
65
Neutral
$19.22B15.739.31%6.22%56.62%32.08%
63
Neutral
$3.72B13.9511.69%2.33%8.43%-9.80%
63
Neutral
$4.75B7.5218.34%4.39%12.01%―
62
Neutral
$2.57B83.78-6.61%9.22%14.53%―
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
52
Neutral
$2.44B12.735.92%5.24%0.02%-63.11%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SLGN
Silgan Holdings
35.57
-6.48
-15.41%
CCK
Crown Holdings
110.00
20.73
23.22%
GPK
Graphic Packaging
8.40
-8.21
-49.42%
SON
Sonoco Products
48.74
10.45
27.28%
AMCR
Amcor
41.77
3.83
10.09%
AMBP
Ardagh Metal Packaging
4.34
0.98
29.32%

Silgan Holdings Corporate Events

Business Operations and StrategyExecutive/Board Changes
Silgan Holdings Announces Departure of Chief Operating Officer
Negative
Sep 4, 2026
On September 2, 2026, Silgan Holdings Inc. announced that it had mutually agreed with Executive Vice President and Chief Operating Officer Philippe Chevrier that his employment with the Company will end on September 30, 2026. The departure of a se...
Business Operations and StrategyDividends
Silgan Holdings Declares Quarterly Cash Dividend, Extends Streak
Positive
Aug 4, 2026
On August 4, 2026, Silgan Holdings Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.21 per share on its common stock, payable on September 15, 2026 to shareholders of record as of September 1, 2026. This decision...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2026