CluenexSilgan Holdings SLGN
Silgan Holdings scores weak on business quality (4.0 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Silgan Holdings does
Silgan Holdings manufactures rigid packaging for consumer goods products, selling metal containers, closures, and plastic containers primarily to food, beverage, and health care companies who rely on its high-volume supply chains.
- What it does best
Silgan dominates rigid metal food packaging through scale and long-term customer relationships, generating $6682.0 million in revenue with a gross margin of 17.1% that sits near peers like BALL at 18.6% and CCK at 21.0%.
- The main risk
With net debt at $3266.0 million and an interest coverage ratio of 3.5x, earnings drops threaten debt servicing capacity and limit strategic flexibility during industry downturns.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins sit at 9.6% and free cash flow margins remain constrained by capital expenditures of $298.0 million, showing stable profitability that scales slowly with top-line growth.
Switching costs anchor its customer base of consumer staples brands who rely on integrated metal container supply chains, reflected in a middle-of-the-pack sector operating margin ranking at the 33rd percentile.
Revenue grew 10.7% to $6682.0 million, placing it in the top quartile of its sector at the 79th percentile for revenue growth compared to past annual flat lines.
Total debt of $4347.0 million against cash of $1081.0 million leaves heavy leverage with a debt-to-equity ratio of 1.9x, while free cash flow of $343.0 million supports modest financial softening.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on SLGN
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Silgan Holdings scores weak on the Cluenex quality check (4.0 of 10), measured against its own industry. Profitability is weak, moat fair, growth steady and financial health weak.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 29, 2026.
See SLGN today
- Today's verdict on SLGN, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Silgan Holdings (SLGN)”, https://cluenex.com/stocks/slgn/, data as of Oct 10, 2026.