Silgan Holdings Inc.

NYSE:SLGN Stock Report

Market Cap: US$4.9b

Silgan Holdings Management

Management criteria checks 2/4

Silgan Holdings' CEO is Adam Greenlee, appointed in Apr 2019, has a tenure of 7.25 years. total yearly compensation is $12.23M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $8.46M. The average tenure of the management team and the board of directors is 4.5 years and 3.7 years respectively.

Key information

Adam Greenlee

Chief executive officer

US$12.2m

Total compensation

CEO salary percentage9.45%
CEO tenure7.3yrs
CEO ownership0.2%
Management average tenure4.5yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

Narrative Update Jun 22

SLGN: Dividend Momentum And M&A Ambitions Will Support Future P/E Re Rating

Silgan Holdings' analyst price target has been reduced by a few dollars to reflect recent cuts from several firms, partially offset by a modest $1 increase from one bank, as analysts align their views with updated assumptions on valuation inputs. Analyst Commentary Recent Street research on Silgan Holdings reflects a mix of cautious and constructive views as analysts adjust price targets and assumptions around valuation, execution, and growth prospects.
Narrative Update Jun 05

SLGN: Cautious Price Resets May Set Up Future Re Rating Potential

The analyst fair value estimate for Silgan Holdings has been revised from $49.00 to $44.00 as several firms adjusted their price targets, with analysts citing updated assumptions regarding discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent research has tilted more cautious on Silgan Holdings, with several bearish analysts trimming price targets and updating their models to reflect revised assumptions on discount rates, revenue trends, profit margins, and future P/E levels.
Narrative Update May 20

SLGN: Dividend Momentum And Mixed Sentiment Will Support Future P E Re Rating

Silgan Holdings' updated analyst price target edges slightly lower to about $53.17 from $53.33, as analysts factor in modest adjustments to the discount rate, revenue growth assumptions, profit margin outlook, and future P/E expectations following a series of recent target changes across the Street. Analyst Commentary Recent research updates on Silgan Holdings show a mix of optimism and caution, with several firms trimming price targets while one new initiation comes in with a positive stance.
Narrative Update May 05

SLGN: Dividend Strength And Mixed Sentiment Should Support Future P E Re Rating

Silgan Holdings' updated analyst price target edges slightly lower to about $53.33, as analysts fine tune their models in light of several recent target cuts from UBS, Truist, JPMorgan, RBC Capital and BofA, partly offset by increases and a bullish initiation from Wells Fargo, Citi, UBS and Baird. Analyst Commentary Recent research on Silgan Holdings reflects a split view, with some analysts trimming price targets while others are still comfortable setting higher levels or initiating with a positive stance.
Narrative Update Apr 21

SLGN: Dividend Momentum And Mixed Sentiment Should Support Future P E Re Rating

Analysts have trimmed the overall price target on Silgan Holdings by about $1, reflecting updated views on its fair value, discount rate, revenue growth, profit margin, and future P/E following a series of recent target cuts and initiations across the Street. Analyst Commentary Recent price target changes on Silgan Holdings have sent mixed signals, with several cuts offset by a few meaningful upward revisions and a fresh, supportive initiation.
Narrative Update Apr 07

SLGN: Dividend Consistency And Margin Execution Will Support Earnings Through 2026 Headwinds

Silgan Holdings' updated analyst price target has been adjusted to reflect mixed recent Street research, including one $3 target cut and several target increases ranging from $6 to $12. Analysts cited updated expectations for growth, margins and valuation multiples.
Seeking Alpha Apr 02

Silgan Holdings: Strong Cash Flows Will Reduce Net Debt Fast

Summary Silgan Holdings delivered robust 2025 results, with revenue up over 10% and EBIT rising 15% to nearly $600 million, driven by the Weener Plastics acquisition. SLGN generated about $400 million in free cash flow, comfortably covering its dividend and supporting rapid net debt reduction, despite net debt standing at 3.5x EBITDA. Guidance for 2026 targets $450 million in free cash flow and adjusted EPS of $3.7–$3.9, with a $500 million buyback program activated but not yet utilized. SLGN is considering a bid for Gerresheimer at a 7–7.5x EV/EBITDA multiple, potentially capitalizing on Gerresheimer’s pressured valuation and recent challenges. Read the full article on Seeking Alpha
Narrative Update Mar 24

SLGN: Dividend Momentum And Margin Resilience Should Support Future Re Rating

Silgan Holdings' analyst price targets have shifted, with several firms recently raising their views by $6 to $12 while others made modest trims, as analysts reassessed the packaging group's 2026 volume setup, beverage can demand, and containerboard pricing power. Analyst Commentary Analysts are updating their models on Silgan Holdings, with some lifting price targets and others trimming them as they reset expectations around 2026 volumes, beverage can trends, and pricing in containerboard and other packaging segments.
Narrative Update Mar 10

SLGN: Higher Multiple And Dividend Progress Should Support Ongoing Margin Expansion

The analyst price target for Silgan Holdings has been raised from $49.64 to $55.27. Analysts cited updated assumptions on discount rates, revenue growth, margins and future P/E multiples following recent Street research that adjusted price targets across the packaging group.
Narrative Update Feb 24

SLGN: Dispensing Expansion And Pricing Discipline Will Support Earnings Through 2026 Headwinds

Analysts have lifted their fair value estimate for Silgan Holdings to $61 from $54. This reflects updated assumptions for discount rate, modestly different revenue growth and profit margin expectations, and a higher future P/E, in line with a series of recent price target increases across the Street.
Narrative Update Feb 08

SLGN: Fair Outlook Balances Softer 2026 Volumes With Pricing Power

Analysts have raised their fair value estimate for Silgan Holdings to $49 from $47. This change reflects higher Street price targets and updated views on packaging volume trends, beverage can demand, and pricing power across the group.
Narrative Update Jan 25

SLGN: Dispensing Expansion And Cost Discipline Will Support Earnings Through 2026 Headwinds

Analysts have kept their average price target for Silgan Holdings broadly steady, around the mid US$40s to low US$50s range after recent trims and one upward revision. This reflects expectations for modestly pressured packaging volumes in 2026, ongoing growth in beverage cans, and disciplined pricing by containerboard producers.
Narrative Update Jan 11

SLGN: Dispensing Focus And Cost Discipline Will Support Earnings Resilience Ahead

Analysts have trimmed their price targets on Silgan Holdings by single digits to a range of about $42 to $53, citing a tougher 2026 volume setup for packaging, lingering destocking, and caution around recent guidance cuts, while also highlighting pockets of growth in beverage cans and higher margin dispensing products. Analyst Commentary Recent research has centered on a reset of expectations for Silgan Holdings, with several price targets now clustered in the low to mid US$40s and low US$50s.
Narrative Update Dec 25

SLGN Dispensing Mix And Cost Actions Will Support Earnings Resilience Ahead

Analysts have trimmed their price target on Silgan Holdings significantly, cutting fair value from approximately $75 to about $54 per share. They are factoring in lower growth expectations, a higher perceived risk profile, and lingering consumer and destocking headwinds, despite ongoing margin support from the higher value dispensing portfolio.
Narrative Update Dec 11

SLGN: Margin Expansion Will Continue As Destocking Headwinds Gradually Ease

Analysts have modestly reduced their price target on Silgan Holdings by a few dollars per share, citing slower expected growth, lingering destocking headwinds through 2026, and a more cautious view on U.S. consumer discretionary spending, even as the company continues to shift toward higher margin dispensing products. Analyst Commentary Recent Street research paints a mixed picture for Silgan Holdings, with price targets reset lower but ratings largely supportive, reflecting confidence in the long term earnings power even as near term execution and demand risks rise.
Narrative Update Nov 27

SLGN: Margin Expansion Will Continue Despite Cautious Guidance And Ongoing Destocking

Analysts have modestly reduced their price targets for Silgan Holdings, with the consensus fair value estimate decreasing by $0.76 to $49.64. This change is attributed to revised earnings guidance and persistent growth headwinds.
Narrative Update Nov 13

SLGN: Cost-Cutting Efforts Will Drive Margin Expansion Despite Lingering Destocking

Silgan Holdings' analyst price target has been cut from approximately $56.70 to $50.40. This reflects concerns over softer revenue growth, slimmer profit margins, and recent guidance downgrades cited by analysts following the company's latest results.
Analysis Article Nov 06

Silgan Holdings' (NYSE:SLGN) Earnings Offer More Than Meets The Eye

Despite posting healthy earnings, Silgan Holdings Inc.'s ( NYSE:SLGN ) stock has been quite weak. We have done some...
Narrative Update Oct 30

SLGN: Margin Expansion Should Drive Upside Despite Persistent Market Headwinds

Analysts have recently revised their price target for Silgan Holdings downward, cutting it by approximately $6 to a new target around $51. They cited persistent end-market headwinds and recalibrated expectations for earnings growth as the reasons for this adjustment.
Narrative Update Oct 15

Sustainable Packaging Trends Will Unlock Long Term Value

Analysts have slightly lowered their price target for Silgan Holdings from $59.45 to $57.91, citing modest adjustments in growth and profitability expectations. What's in the News Silgan Holdings has concluded the buyback program announced on March 4, 2022.
Analysis Article Jul 24

Silgan Holdings Inc. (NYSE:SLGN) Could Be Riskier Than It Looks

It's not a stretch to say that Silgan Holdings Inc.'s ( NYSE:SLGN ) price-to-earnings (or "P/E") ratio of 20.7x right...
Seeking Alpha Jan 01

Silgan Holdings Expects Record Earnings In 2025

Summary Silgan Holdings has underperformed with a 5% return over 25 months versus the S&P 500's 50% gain, raising concerns about its long-term viability. Despite strong free cash flow, increased SG&A expenses and rationalization charges led to a 10% YoY EBIT decline, impacting net profit. Silgan's net debt is high at $3.5B but expected to decrease to $2.7-2.9B by year-end due to positive free cash flow and working capital changes. Optimism for 2025 with expected double-digit EPS growth and potential to exceed $4.01/share in adjusted net profit justifies a 'buy' rating. Read the full article on Seeking Alpha
Seeking Alpha Oct 15

Silgan Holdings: Well-Executed Consolidation Approach, Yet Potential Fully Priced In

Summary Silgan Holdings is a $5.5 billion global manufacturer of rigid packaging for various industries, with strong market positioning and substantial free cash flows to support growth and shareholder value creation. SLGN has achieved significant growth through 40 strategic acquisitions since its founding in 1987, enhancing its market presence and driving shareholder value, all while expanding its profit margins. The company experienced strong volume growth in Q2 despite soft demand, with signs of normalizing destocking trends, improved margins, and an optimistic outlook for future revenue growth. Silgan is fairly valued, with strong fundamentals and growth potential already priced in, leading to a "hold" rating on the stock. Read the full article on Seeking Alpha
User avatar
New Narrative Aug 29

Weener Packaging Acquisition And Market Demand Surge Fuel Revenue And Margins Growth

Acquisition of Weener Packaging and expansion in Dispensing and Specialty Closures segment set to enhance earnings and improve margins through robust organic growth.
Seeking Alpha Jul 26

Silgan Holdings: Return To Growth And M&A Create Green Shoots

Summary Silgan is a global leader in sustainable packaging solutions, delivering on a solid financial performance. Silgan Holdings shares have been stable, trading at non-demanding valuations due to industry volume trends and food price inflation. Despite recent softer performance, Silgan's long-term value proposition looks promising, with potential for growth and solid returns to investors. The company announced an interesting deal for Weener Packaging recently, and while the valuation is compelling, some leverage constrained would be welcomed. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Adam Greenlee's remuneration changed compared to Silgan Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$283m

Dec 31 2025US$12mUS$1m

US$288m

Sep 30 2025n/an/a

US$315m

Jun 30 2025n/an/a

US$302m

Mar 31 2025n/an/a

US$289m

Dec 31 2024US$7mUS$1m

US$276m

Sep 30 2024n/an/a

US$296m

Jun 30 2024n/an/a

US$306m

Mar 31 2024n/an/a

US$309m

Dec 31 2023US$5mUS$1m

US$326m

Sep 30 2023n/an/a

US$286m

Jun 30 2023n/an/a

US$314m

Mar 31 2023n/an/a

US$328m

Dec 31 2022US$8mUS$1m

US$341m

Sep 30 2022n/an/a

US$401m

Jun 30 2022n/an/a

US$369m

Mar 31 2022n/an/a

US$371m

Dec 31 2021US$3mUS$847k

US$359m

Sep 30 2021n/an/a

US$334m

Jun 30 2021n/an/a

US$341m

Mar 31 2021n/an/a

US$324m

Dec 31 2020US$3mUS$752k

US$309m

Sep 30 2020n/an/a

US$283m

Jun 30 2020n/an/a

US$252m

Mar 31 2020n/an/a

US$205m

Dec 31 2019US$5mUS$686k

US$194m

Compensation vs Market: Adam's total compensation ($USD12.23M) is above average for companies of similar size in the US market ($USD8.35M).

Compensation vs Earnings: Adam's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Adam Greenlee (52 yo)

7.3yrs
Tenure
US$12,229,234
Compensation

Mr. Adam J. Greenlee serves as Director of Silgan Holdings Inc. since November 02, 2022. He has been President of Silgan Holdings Inc since April 1, 2019 and serves as its Chief Executive Officer since Sep...


Leadership Team

NamePositionTenureCompensationOwnership
Adam Greenlee
President7.3yrsUS$12.23m0.17%
$ 8.5m
Shawn Fabry
Executive VP & CFOless than a yearUS$3.17m0.032%
$ 1.6m
Philippe Chevrier
Executive VP & COO1.4yrsUS$7.01m0.014%
$ 680.0k
Kimberly Ulmer
Senior VP & Chief Accounting Officer20.3yrsUS$2.70m0.069%
$ 3.4m
Alexander Hutter
Senior Vice President of Strategy & Investor Relations3.5yrsUS$2.43m0.0037%
$ 181.9k
Frank Hogan
Executive VP29.1yrsUS$2.79m0.25%
$ 12.4m
Daniel Murphy
VP, Treasurer & Controller4.5yrsno data0.017%
$ 845.2k
Stacey McGrath
Vice President of Tax4.5yrsno data0.0021%
$ 102.0k
4.5yrs
Average Tenure
53yo
Average Age

Experienced Management: SLGN's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adam Greenlee
President3.7yrsUS$12.23m0.17%
$ 8.5m
William Donovan
Independent Director8.5yrsUS$300.08k0.0078%
$ 381.9k
Robert Lewis
Director3.2yrsno data0.11%
$ 5.2m
Leigh Abramson
Independent Director7.9yrsUS$302.28k0.0071%
$ 348.1k
Anthony Allott
Non-Executive Chairman20.1yrsUS$337.48k0.35%
$ 17.2m
Niharika Ramdev
Independent Director3.7yrsUS$291.20k0%
$ 0
Brad Lich
Independent Director6.8yrsUS$274.18k0%
$ 0
Fiona Cleland Nielsen
Independent Director2.2yrsUS$262.70k0.0047%
$ 230.9k
Shannon Miller
Independent Director1.2yrsUS$204.87k0.0021%
$ 104.9k
3.7yrs
Average Tenure
57yo
Average Age

Experienced Board: SLGN's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 02:26
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Silgan Holdings Inc. is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ghansham PanjabiBaird
Scott GaffnerBarclays
George StaphosBofA Global Research