Company: SLGN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038677
Chunk: 5

Company: SILGAN HOLDINGS INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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353,357)Treasury stock(1,435,180)(1,429,400)(1,429,351)Total stockholders’ equity2,222,218 1,933,690 1,989,581  $9,410,393 $7,693,237 $8,584,668 

See accompanying notes.

-3-

SILGAN HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOMEFor the three and six months ended June 30, 2025 and 2024(Dollars and shares in thousands, except per share amounts)(Unaudited) 

Three Months EndedSix Months Ended June 30, 2025June 30, 2024June 30, 2025June 30, 2024   Net sales$1,539,161 $1,381,365 $3,005,822 $2,698,403 Cost of goods sold1,240,070 1,125,361 2,436,328 2,218,920 Gross profit299,091 256,004 569,494 479,483 Selling, general and administrative expenses121,836 107,701 250,923 208,177 Rationalization charges9,864 6,859 20,823 18,550 Other pension and postretirement (income)(140)(409)(327)(816)Income before interest and income taxes167,531 141,853 298,075 253,572 Interest and other debt expense48,699 41,343 91,627 79,990 Income before income taxes118,832 100,510 206,448 173,582 Provision for income taxes30,443 24,413 51,259 42,321 Income before equity in earnings of affiliates88,389 76,097 155,189 131,261 Equity in earnings of affiliates, net of tax555 — 1,717 — Net income$88,944 $76,097 $156,906 $131,261 Earnings per share: Basic net income per share$0.83 $0.71 $1.47 $1.23 Diluted net income per share$0.83 $0.71 $1.46 $1.23