Silgan Holdings Inc., headquartered in Stamford, Connecticut, is a leading global supplier of sustainable rigid packaging solutions for consumer goods products. Established in 1987 by R. Philip Silver and D. Greg Horrigan, the company has grown through a combination of acquisitions and organic growth to become a major player in ...Silgan Holdings Inc., headquartered in Stamford, Connecticut, is a leading global supplier of sustainable rigid packaging solutions for consumer goods products. Established in 1987 by R. Philip Silver and D. Greg Horrigan, the company has grown through a combination of acquisitions and organic growth to become a major player in the packaging industry. As of 2024, Silgan operates 123 manufacturing facilities across four continents and employs over 17,200 people, generating approximately $6 billion in annual sales.
The company operates through three principal business segments. The Metal Containers segment produces steel and aluminum cans for food products such as pet food, vegetables, soups, proteins, and tomato-based items, as well as general-purpose containers for chemicals. The Dispensing and Specialty Closures segment offers a wide range of metal and plastic closures, advanced dispensing systems, and capping/sealing machinery for applications in food, beverage, healthcare, personal care, and beauty products. The Custom Containers segment specializes in bespoke and standard plastic containers for industries like personal care, healthcare, food and beverage, household chemicals, pharmaceuticals, and agriculture, along with thermoformed barrier and non-barrier trays for prepared meals and pet food.
Financially, Silgan reported revenue of approximately $6.7 billion for the trailing twelve months, with a net profit margin of 4.0%. The company has a market capitalization of about $4.4 billion and trades on the New York Stock Exchange. Notable financial metrics include a price-to-earnings ratio of 16.36, a dividend yield of 2.0%, and a debt-to-equity ratio of 2.03. The company's return on equity is 11.7%, while its operating margin stands at 9.6%.
Leadership: Adam J. Greenlee has served as CEO since September 2021, previously holding the role of President. The company is led by a board of directors with extensive industry experience. Silgan continues to focus on innovation in sustainable packaging, aiming to meet the evolving needs of its customers and consumers while maintaining operational excellence and financial discipline.
Operator : Good day, and welcome to the Silgan Holdings Second Quarter 2026 Earnings Call. Today's call is being recorded. At this time, I'd like to turn the call over to Alex Hutter, Senior Vice President, Strategy, Investor Relations. Please go ahead.
Alexander Hutter : Thank you, and good morning. Joining me on the call today are Adam Greenlee, President and CEO; Philippe Chevrier, EVP and COO; and Shawn Fabry, EVP and CFO. Before we begin the call today, we would like to make it clear that certain statements made on this conference call may be forward-looking statements. These forward-looking statements are made based on management's expectations and beliefs concerning future events impacting the company and therefore, involve a number of uncertainties and risks, including, but not limited to, those described in the company's annual report on Form 10-K for 2025 and other filings with the Securities and Exchange Commission. Therefore, the actual results of operations or financial condition of the company could differ materially from those expressed or implied in the forward-looking statements. In addition, commentary on today's call may contain references to certain non-GAAP financial metrics, including adjusted EBIT, adjusted EBITDA, free cash flow and adjusted net income per diluted share or adjusted EPS. A reconciliation of these metrics, which should not be considered substitutes for similar GAAP metrics, can be found in today's press release under the non-GAAP financial information portion of the Investor Relations section of our website at silganholdings.com. With that, let me turn it over to Adam.
Adam Greenlee : Thank you, Alex, and we'd like to welcome everyone to Silgan's second quarter earnings call. We're pleased to have delivered another quarter of solid financial results in the second quarter as our teams continue to execute our plan for the year and position our company for continued success well into the future. Our businesses performed well in the second quarter and successfully overcame some significant challenges, including a dynamic geopolitical and operating backdrop. And our team successfully managed significant cost inflation, normalizing order patterns and developing market conditions to deliver results that were above the midpoint of our expected range. Our results in Dispensing and Specialty Closures were consistent with our expectations, and we delivered another quarter of strong growth in products for the fine fragrance market. Our teams continue to compete and win in this high-value market as our customer partnership model, differentiated technology and market-leading innovation continue to set us apart from our competition. While overall market conditions remain mixed and were softer than expected in Brazil in the second quarter, our business continues to outperform the trends in our end markets. Additionally, the value we provide through these critical dispensing products was once again validated in the …
