SILGAN HOLDINGS INC (SLGN) Form 10-Q — Aug 6, 2026

$SLGNForm 10-QFiled Aug 6, 2026, 9:21 AM ET0001628280-26-053967Original filing

Silgan Holdings' Q2 2026 net sales rose 6.8% to $1,643.3 million, but the growth came mainly from contractual pass-through of higher raw material costs and roughly $16.0 million of favorable currency translation rather than volume gains. Net income fell about 15% to $75.8 million from $88.9 million, with diluted EPS down to $0.72 from $0.83. The profit decline reflects margin compression: gross margin narrowed to 17.9% from 19.4%, rationalization charges doubled to $18.2 million, and the effective tax rate rose to 28.1% from 25.6%.

Key figures

Eps: $0.72 diluted (Q2 2026) vs $0.83 prior year
Revenue: $1,643.3 million (Q2 2026)
Net Income: $75.8 million (Q2 2026) vs $88.9 million prior year
Total Debt: $4,833.8 million at June 30, 2026
Revenue Yoy: +6.8% YoY (Q2 2026)
Cash Position: $351.5 million at June 30, 2026
Shares Outstanding: 105682020
Q2 gross margin: 17.9% vs 19.4% prior year
Q2 adjusted ebit: $185.3 million vs $193.0 million prior year
Six month revenue: $3,204.5 million (+6.6% YoY)
Senior notes repaid: $500.0 million of 1.4% Senior Secured Notes on March 31, 2026
Revolver outstanding: $1.1 billion under Credit Agreement
Six month net income: $138.8 million vs $156.9 million prior year
Term loan prepayment: $42.5 million on February 3, 2026
Q2 dividend per share: $0.21 vs $0.20 prior year
Q2 effective tax rate: 28.1% vs 25.6% prior year
Revolver availability: $402.4 million after $21.7 million letters of credit
H1 operating cash flow: -$993.9 million (seasonal working capital build)
Q2 rationalization charges: $18.2 million vs $9.9 million prior year
Metal containers q2 sales growth: +13.0% YoY to $763.9 million

Price after filing

1 day: +0.4%7 days: +1.5%30 days: -0.9%

Close on the filing date to close N calendar days later (from $41.54). Historical, not a forecast.

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