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Side-by-side financial comparison of Grab Holdings Ltd (GRAB) and SILGAN HOLDINGS INC (SLGN). Click either name above to swap in a different company.

Grab Holdings Ltd is the larger business by last-quarter revenue ($1.5B vs $1.5B, roughly 1.0× SILGAN HOLDINGS INC). Grab Holdings Ltd runs the higher net margin — 1.8% vs 1.2%, a 0.5% gap on every dollar of revenue.

Grab Holdings Inc. is a Singaporean multinational technology company headquartered in one-north, Singapore. It is the developer of a super-app for ride-hailing, food delivery, and digital payment services on mobile devices. It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.

Silgan Holdings Inc. is an American manufacturing company based in Connecticut that produces consumer goods packaging. The company was founded in 1987 by two former executives of Continental Can, Phil Silver and Greg Horrigan – their names contributing to the company name.

GRAB vs SLGN — Head-to-Head

Bigger by revenue
GRAB
GRAB
1.0× larger
GRAB
$1.5B
$1.5B
SLGN
Higher net margin
GRAB
GRAB
0.5% more per $
GRAB
1.8%
1.2%
SLGN

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
GRAB
GRAB
SLGN
SLGN
Revenue
$1.5B
$1.5B
Net Profit
$26.0M
$18.2M
Gross Margin
43.1%
17.2%
Operating Margin
-2.5%
3.6%
Net Margin
1.8%
1.2%
Revenue YoY
4.1%
Net Profit YoY
-59.6%
EPS (diluted)
$0.01
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRAB
GRAB
SLGN
SLGN
Q4 25
$1.5B
Q3 25
$2.0B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
$1.4B
Q3 24
$1.7B
Q2 24
$1.4B
Q1 24
$1.3B
Net Profit
GRAB
GRAB
SLGN
SLGN
Q4 25
$18.2M
Q3 25
$113.3M
Q2 25
$88.9M
Q1 25
$68.0M
Q4 24
$26.0M
$45.1M
Q3 24
$100.1M
Q2 24
$76.1M
Q1 24
$55.2M
Gross Margin
GRAB
GRAB
SLGN
SLGN
Q4 25
17.2%
Q3 25
16.3%
Q2 25
19.4%
Q1 25
18.4%
Q4 24
43.1%
16.9%
Q3 24
16.8%
Q2 24
18.5%
Q1 24
17.0%
Operating Margin
GRAB
GRAB
SLGN
SLGN
Q4 25
3.6%
Q3 25
7.4%
Q2 25
7.7%
Q1 25
6.0%
Q4 24
-2.5%
3.4%
Q3 24
7.2%
Q2 24
7.3%
Q1 24
5.5%
Net Margin
GRAB
GRAB
SLGN
SLGN
Q4 25
1.2%
Q3 25
5.6%
Q2 25
5.8%
Q1 25
4.6%
Q4 24
1.8%
3.2%
Q3 24
5.7%
Q2 24
5.5%
Q1 24
4.2%
EPS (diluted)
GRAB
GRAB
SLGN
SLGN
Q4 25
$0.18
Q3 25
$1.06
Q2 25
$0.83
Q1 25
$0.63
Q4 24
$0.01
$0.42
Q3 24
$0.93
Q2 24
$0.71
Q1 24
$0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRAB
GRAB
SLGN
SLGN
Cash + ST InvestmentsLiquidity on hand
$3.0B
$1.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.4B
$2.3B
Total Assets
$9.3B
$9.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAB
GRAB
SLGN
SLGN
Q4 25
$1.1B
Q3 25
$389.2M
Q2 25
$317.5M
Q1 25
$353.0M
Q4 24
$3.0B
$822.9M
Q3 24
$368.5M
Q2 24
$302.8M
Q1 24
$308.6M
Stockholders' Equity
GRAB
GRAB
SLGN
SLGN
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$6.4B
$2.0B
Q3 24
$2.1B
Q2 24
$1.9B
Q1 24
$1.9B
Total Assets
GRAB
GRAB
SLGN
SLGN
Q4 25
$9.4B
Q3 25
$9.5B
Q2 25
$9.4B
Q1 25
$8.8B
Q4 24
$9.3B
$8.6B
Q3 24
$7.7B
Q2 24
$7.7B
Q1 24
$7.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRAB
GRAB
SLGN
SLGN
Operating Cash FlowLast quarter
$591.0M
$1.3B
Free Cash FlowOCF − Capex
$1.2B
FCF MarginFCF / Revenue
83.2%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
22.73×
71.07×
TTM Free Cash FlowTrailing 4 quarters
$422.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAB
GRAB
SLGN
SLGN
Q4 25
$1.3B
Q3 25
$340.9M
Q2 25
$-221.4M
Q1 25
$-683.4M
Q4 24
$591.0M
$935.8M
Q3 24
$313.0M
Q2 24
$20.9M
Q1 24
$-547.8M
Free Cash Flow
GRAB
GRAB
SLGN
SLGN
Q4 25
$1.2B
Q3 25
$260.8M
Q2 25
$-294.2M
Q1 25
$-766.3M
Q4 24
$865.0M
Q3 24
$252.4M
Q2 24
$-35.3M
Q1 24
$-623.1M
FCF Margin
GRAB
GRAB
SLGN
SLGN
Q4 25
83.2%
Q3 25
13.0%
Q2 25
-19.1%
Q1 25
-52.2%
Q4 24
61.3%
Q3 24
14.5%
Q2 24
-2.6%
Q1 24
-47.3%
Capex Intensity
GRAB
GRAB
SLGN
SLGN
Q4 25
4.9%
Q3 25
4.0%
Q2 25
4.7%
Q1 25
5.7%
Q4 24
5.0%
Q3 24
3.5%
Q2 24
4.1%
Q1 24
5.7%
Cash Conversion
GRAB
GRAB
SLGN
SLGN
Q4 25
71.07×
Q3 25
3.01×
Q2 25
-2.49×
Q1 25
-10.06×
Q4 24
22.73×
20.77×
Q3 24
3.13×
Q2 24
0.27×
Q1 24
-9.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRAB
GRAB

Segment breakdown not available.

SLGN
SLGN

Metal Containers$675.6M46%
Dispensing And Specialty Closures$643.6M44%
Custom Containers$149.4M10%

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