Silgan Holdings (SLGN) FY2021 results: revenue $5.7 billion, up 15.3% on the year
Silgan Holdings Inc. (SLGN) reported revenue of $5.7 billion for fiscal 2021, the year ended 31 December 2021, up 15.3% on the year before. Net income was $359 million, up 16.3%, and diluted earnings per share $3.23. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$5.7 billion
+15.3% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$359 million
+16.3% on the year
FY2014FY2021
Diluted EPS
$3.23
+16.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
557
603
507
-7.6%
Capital expenditure
232
224
231
+3.6%
Free cash flow
325
378
276
-14.2%
Free cash flow margin
5.7%
7.7%
6.2%
Cash from investing
-976
-1,163
-230
Cash from financing
649
760
-146
-14.6%
Depreciation and amortisation
250
219
206
+14.3%
Buybacks
8.6
42.1
27.6
-79.6%
Dividends paid
62.5
53.6
50.8
+16.5%
Dividend per share
$0.56
$0.48
$0.44
+16.7%
Diluted shares, weighted
111m
111m
112m
-0.2%
Shares outstanding at period end
110m
110m
111m
+0.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,563
1,253
1,023
+24.7%
Debt
3,815
3,272
2,259
+16.6%
Operating lease liabilities
198
174
159
+14.0%
Finance lease liabilities
66.0
32.6
31.4
+102.5%
Other liabilities
2,128
1,780
1,459
+19.6%
Total liabilities and equity
7,771
6,512
4,931
+19.3%
Fixed assets
1,994
1,841
1,570
+8.3%
Goodwill
2,038
1,741
1,142
+17.0%
Intangible assets
831
637
355
+30.4%
Cash and equivalents
631
409
204
+54.2%
Receivables
711
620
505
+14.8%
Inventory
799
678
633
+17.9%
Other assets
766
586
522
+30.8%
Total assets
7,771
6,512
4,931
+19.3%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.