Jun 2026 (Q2 FY26) — Jul 29, 2026
Silgan Holdings Inc. Q2 FY26 — Solid Results Despite Headwinds, Guidance Confirmed
Read the full callSilgan Holdings (SLGN) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Silgan Holdings earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,643 | +6.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 75.8 | −14.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
14 of 15 judged targets kept · 14 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY2026 Adjusted EPS guidance | $3.70 to $3.90 per diluted share | Dec 2025 | we are confirming our estimate of adjusted EPS in the range of $3.73 to $3.93 as compared to $3.72 in 2025 | Revised Up |
| Brazil DSC volume recovery | full recovery from the Brazil volume decline by 2027 | Jun 2026 | we feel pretty comfortable that we'll begin that recovery in Q4 and be fully recovered as we head into 2027 | New |
1 of SILGAN HOLDINGS INC's 29 targets was missed. See which ones, and which are quietly gone. The 2 above are the free sample; 27 more targets are in the full ledger.
Claimed
- Net sales increased 7% year-over-year to approximately $1.6 billion, driven by pass-through of higher costs.
- Dispensing and Specialty Closures delivered strong growth in fine fragrance market, with volumes in Europe being very strong.
- Metal Containers reported strong organic volume growth of 7% year-over-year in wet pet food products.
- Custom Containers adjusted EBIT was above prior year levels due to favorable price over cost and cost savings from footprint optimization.
- The company confirmed its full-year 2026 adjusted EPS guidance of $3.73 to $3.93 and free cash flow estimate of approximately $450 million.
Qualified
- Adjusted EBIT for the quarter was $185 million, 4% below the prior year, primarily due to higher corporate expense and lower EBIT in Metal Containers.
- Adjusted EPS decreased $0.03 from the prior year period to $0.98.
- Dispensing and Specialty Closures unit volumes declined 1% year-over-year, impacted by softer market conditions in Brazil, which also caused an adverse mix impact, totaling approximately $5 million.
- Metal Containers adjusted EBIT was below prior year levels due to a less favorable mix from higher volumes of smaller pet food containers and lower volumes of larger fruit and vegetable containers.
- The company experienced a $10 million impact in Q2 from net unrecovered inflation, primarily resin lag.
Price
$37.47 +4.64% · +$1.66
Performance −13.7% 1Y
1Y: $43.42 on 14 Oct 2025 → $37.47. High $48.89 (6 Feb 2026), low $34.75 (30 Sept 2026).
- Previous close
- $35.81
- 52-week range
- $34.75 – $48.89
- One year
- −12.72%
Overview
- Symbol
- SLGN
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
14 of 15 judged targets kept · 14 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY2026 Adjusted EPS guidance | $3.70 to $3.90 per diluted share | Dec 2025 | we are confirming our estimate of adjusted EPS in the range of $3.73 to $3.93 as compared to $3.72 in 2025 | Revised Up |
| Brazil DSC volume recovery | full recovery from the Brazil volume decline by 2027 | Jun 2026 | we feel pretty comfortable that we'll begin that recovery in Q4 and be fully recovered as we head into 2027 | New |
Claimed
- Net sales increased 7% year-over-year to approximately $1.6 billion, driven by pass-through of higher costs.
- Dispensing and Specialty Closures delivered strong growth in fine fragrance market, with volumes in Europe being very strong.
- Metal Containers reported strong organic volume growth of 7% year-over-year in wet pet food products.
- Custom Containers adjusted EBIT was above prior year levels due to favorable price over cost and cost savings from footprint optimization.
- The company confirmed its full-year 2026 adjusted EPS guidance of $3.73 to $3.93 and free cash flow estimate of approximately $450 million.
Qualified
- Adjusted EBIT for the quarter was $185 million, 4% below the prior year, primarily due to higher corporate expense and lower EBIT in Metal Containers.
- Adjusted EPS decreased $0.03 from the prior year period to $0.98.
- Dispensing and Specialty Closures unit volumes declined 1% year-over-year, impacted by softer market conditions in Brazil, which also caused an adverse mix impact, totaling approximately $5 million.
- Metal Containers adjusted EBIT was below prior year levels due to a less favorable mix from higher volumes of smaller pet food containers and lower volumes of larger fruit and vegetable containers.
- The company experienced a $10 million impact in Q2 from net unrecovered inflation, primarily resin lag.
The full ledger
Open SILGAN HOLDINGS INC’s full ledger
A free account opens 5 company ledgers a month. All 29 tracked commitments, with each call’s wording and source.
Call summaries
Every analysed call
Silgan Holdings earnings calls (SLGN)
Financials
What the filings say
Net profit, year on year: −15% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,745 | 1,411 | 1,467 | 1,539 | 2,009 | 1,469 | 1,561 | 1,643 |
| Interest | — | — | 43 | 49 | — | — | 41 | 47 |
| Profit before tax | 125 | 49 | 88 | 119 | 149 | 53 | 84 | 104 |
| Tax rate | 20.2% | 8.8% | 23.8% | 25.6% | 24.3% | 67.2% | 26.5% | 28.1% |
| Net profit | 100 | 45 | 68 | 89 | 113 | 18 | 63 | 76 |
| EPS ($ per share) | 0.94 | — | 0.64 | 0.83 | 1.06 | — | 0.60 | 0.72 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 1,998 | 2,141 | 2,395 | 2,692 | 2,961 | 3,208 | 3,403 | 3,605 |
| Total liabilities | 3,698 | 3,908 | 5,259 | 6,208 | 5,628 | 5,722 | 6,595 | 7,123 |
| Fixed assets | 1,518 | 1,570 | 1,841 | 1,994 | 1,931 | 1,962 | 2,283 | 2,378 |
| Total assets | 4,579 | 4,931 | 6,512 | 7,771 | 7,346 | 7,611 | 8,585 | 9,397 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 507 | 507 | 603 | 557 | 748 | 483 | 722 | 730 |
| Cash from investing | -190 | -230 | -1,163 | -976 | -216 | -224 | -1,176 | -297 |
| Cash from financing | -294 | -146 | 760 | 649 | -570 | -211 | 663 | -207 |
| Net cash flow | 19 | 131 | 206 | 222 | -46 | 57 | 180 | 258 |
| Capital expenditure | -191 | -231 | -224 | -232 | -216 | -227 | -263 | -307 |
| Free cash flow | 316 | 276 | 378 | 325 | 533 | 256 | 459 | 423 |
SLGN revenue by segment
Metal Containers shrank from 59% to 46% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Metal Containers | 59% | 43% | 43% | 44% | 58% | 46% | 46% | 46% | +13.0% |
| Dispensing and Specialty Closures | 32% | 45% | 46% | 46% | 34% | 44% | 44% | 43% | +1.7% |
| Custom Containers | 9% | 11% | 11% | 10% | 8% | 10% | 10% | 10% | +2.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2026 · share of revenue
- North America 69% ↓ 9 pt
- Europe and Other 31% ↑ 9 pt
As SLGN cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
31 filings between Oct 31, 2025 and May 27, 2026.
Open market
decisions to buy or sellPurchases
$305.4K
2 purchases by 2 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 21
- Award — granted as compensation
- 8
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Greenlee Adam J | $267.3K | — | Oct 31, 2025 |
| Ulmer Kimberly Irene | $38.1K | — | Nov 7, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 27, 2026 | ABRAMSON LEIGH J Director | Award | 3,254 | — |
| May 27, 2026 | ALLOTT ANTHONY J Director | Award | 3,254 | — |
| May 27, 2026 | DONOVAN WILLIAM T Director | Award | 3,254 | — |
| May 27, 2026 | LEWIS ROBERT B Director | Award | 3,254 | — |
| May 27, 2026 | LICH BRAD A Director | Award | 3,254 | — |
| May 27, 2026 | Miller Shannon Director | Award | 3,254 | — |
| May 27, 2026 | Cleland Nielsen Fiona Director | Award | 3,254 | — |
| May 27, 2026 | Ramdev Niharika Director | Award | 3,254 | — |
| Mar 1, 2026 | Greenlee Adam J President and CEO | Tax withheld | 57,047 | $2.71M |
| Mar 1, 2026 | Greenlee Adam J President and CEO | Award | 64,900 | — |
| Mar 1, 2026 | Chevrier Philippe EVP & Chief Operating Officer | Tax withheld | 9,737 | $463.2K |
| Mar 1, 2026 | Chevrier Philippe EVP & Chief Operating Officer | Award | 12,200 | — |
| Mar 1, 2026 | HOGAN FRANK W III EVP, Gen. Counsel & Sec. | Tax withheld | 8,736 | $415.6K |
| Mar 1, 2026 | HOGAN FRANK W III EVP, Gen. Counsel & Sec. | Award | 15,500 | — |
| Mar 1, 2026 | FABRY SHAWN C EVP & Chief Financial Officer | Tax withheld | 2,064 | $98.2K |
| Mar 1, 2026 | FABRY SHAWN C EVP & Chief Financial Officer | Award | 20,500 | — |
| Mar 1, 2026 | LEWIS ROBERT B EVP, Corp. Dev. & Admin. | Tax withheld | 7,806 | $371.3K |
| Mar 1, 2026 | Ulmer Kimberly Irene SVP & Chief Accounting Officer | Tax withheld | 8,631 | $410.6K |
| Mar 1, 2026 | Ulmer Kimberly Irene SVP & Chief Accounting Officer | Award | 12,700 | — |
| Mar 1, 2026 | Hutter Alexander G SVP, Strategy and IR | Tax withheld | 1,286 | $61.2K |
| Mar 1, 2026 | Hutter Alexander G SVP, Strategy and IR | Award | 19,500 | — |
| Mar 1, 2026 | Murphy Daniel Patrick VP, Controller & Treasurer | Tax withheld | 1,285 | $61.1K |
| Mar 1, 2026 | Murphy Daniel Patrick VP, Controller & Treasurer | Award | 6,200 | — |
| Feb 26, 2026 | Greenlee Adam J President and CEO | Award | 105,000 | — |
| Feb 26, 2026 | Chevrier Philippe EVP & Chief Operating Officer | Award | 48,000 | — |
| Feb 26, 2026 | HOGAN FRANK W III EVP, Gen. Counsel & Sec. | Award | 8,800 | — |
| Feb 26, 2026 | FABRY SHAWN C EVP & Chief Financial Officer | Award | 25,000 | — |
| Feb 26, 2026 | Ulmer Kimberly Irene SVP & Chief Accounting Officer | Award | 9,200 | — |
| Feb 26, 2026 | Hutter Alexander G SVP, Strategy and IR | Award | 25,000 | — |
| Nov 7, 2025 | Ulmer Kimberly Irene SVP & Chief Accounting Officer | Purchase | 1,000 | $38.1K |
| Oct 31, 2025 | Greenlee Adam J President and CEO | Purchase | 7,000 | $267.3K |
| Aug 22, 2025 | LEWIS ROBERT B EVP, Corp. Dev. & Admin. | Sale | 11,000 | $513.7K |
| May 28, 2025 | ABRAMSON LEIGH J Director | Award | 2,262 | — |
| May 28, 2025 | ALLOTT ANTHONY J Director | Award | 2,262 | — |
| May 28, 2025 | DONOVAN WILLIAM T Director | Award | 2,262 | — |
| May 28, 2025 | LICH BRAD A Director | Award | 2,262 | — |
| May 28, 2025 | Miller Shannon Director | Award | 2,262 | — |
| May 28, 2025 | Cleland Nielsen Fiona Director | Award | 2,262 | — |
| May 28, 2025 | Ramdev Niharika Director | Award | 2,262 | — |
| May 20, 2025 | Murphy Daniel Patrick VP, Controller & Treasurer | Gift | 900 | $0 |
| May 19, 2025 | LEWIS ROBERT B EVP, Corp. Dev. & Admin. | Sale | 10,000 | $559.2K |
| May 16, 2025 | ALLOTT ANTHONY J Director | Sale | 81,152 | $4.48M |
| May 6, 2025 | Prinzen B Frederik Sr. V.P. - Corp. Dev. | Sale | 2,378 | $128.5K |
| Mar 1, 2025 | Greenlee Adam J President and CEO | Tax withheld | 42,868 | $2.31M |
| Mar 1, 2025 | Greenlee Adam J President and CEO | Award | 70,700 | — |
| Mar 1, 2025 | LEWIS ROBERT B EVP, Corp. Dev. & Admin. | Tax withheld | 13,755 | $742.8K |
| Mar 1, 2025 | Chevrier Philippe EVP and COO | Award | 42,000 | — |
| Mar 1, 2025 | HOGAN FRANK W III EVP, Gen. Counsel & Sec. | Tax withheld | 8,478 | $457.8K |
| Mar 1, 2025 | HOGAN FRANK W III EVP, Gen. Counsel & Sec. | Award | 16,900 | — |
| Mar 1, 2025 | Ulmer Kimberly Irene SVP & CFO | Tax withheld | 6,002 | $324.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for SILGAN HOLDINGS INC
Free account. Everything above stays public.
Write why you follow SILGAN HOLDINGS INC and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading