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Side-by-side financial comparison of SELECT MEDICAL HOLDINGS CORP (SEM) and SILGAN HOLDINGS INC (SLGN). Click either name above to swap in a different company.

SILGAN HOLDINGS INC is the larger business by last-quarter revenue ($1.5B vs $1.4B, roughly 1.1× SELECT MEDICAL HOLDINGS CORP). SELECT MEDICAL HOLDINGS CORP runs the higher net margin — 1.4% vs 1.2%, a 0.2% gap on every dollar of revenue. On growth, SELECT MEDICAL HOLDINGS CORP posted the faster year-over-year revenue change (6.4% vs 4.1%). SILGAN HOLDINGS INC produced more free cash flow last quarter ($1.2B vs $5.2M). Over the past eight quarters, SILGAN HOLDINGS INC's revenue compounded faster (5.6% CAGR vs 2.8%).

Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.

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.

SEM vs SLGN — Head-to-Head

Bigger by revenue
SLGN
SLGN
1.1× larger
SLGN
$1.5B
$1.4B
SEM
Growing faster (revenue YoY)
SEM
SEM
+2.3% gap
SEM
6.4%
4.1%
SLGN
Higher net margin
SEM
SEM
0.2% more per $
SEM
1.4%
1.2%
SLGN
More free cash flow
SLGN
SLGN
$1.2B more FCF
SLGN
$1.2B
$5.2M
SEM
Faster 2-yr revenue CAGR
SLGN
SLGN
Annualised
SLGN
5.6%
2.8%
SEM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SEM
SEM
SLGN
SLGN
Revenue
$1.4B
$1.5B
Net Profit
$20.2M
$18.2M
Gross Margin
17.2%
Operating Margin
4.6%
3.6%
Net Margin
1.4%
1.2%
Revenue YoY
6.4%
4.1%
Net Profit YoY
225.7%
-59.6%
EPS (diluted)
$0.17
$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
SEM
SEM
SLGN
SLGN
Q4 25
$1.4B
$1.5B
Q3 25
$1.4B
$2.0B
Q2 25
$1.3B
$1.5B
Q1 25
$1.4B
$1.5B
Q4 24
$1.3B
$1.4B
Q3 24
$1.3B
$1.7B
Q2 24
$1.3B
$1.4B
Q1 24
$1.3B
$1.3B
Net Profit
SEM
SEM
SLGN
SLGN
Q4 25
$20.2M
$18.2M
Q3 25
$28.8M
$113.3M
Q2 25
$40.6M
$88.9M
Q1 25
$56.7M
$68.0M
Q4 24
$-16.1M
$45.1M
Q3 24
$55.6M
$100.1M
Q2 24
$77.6M
$76.1M
Q1 24
$96.9M
$55.2M
Gross Margin
SEM
SEM
SLGN
SLGN
Q4 25
17.2%
Q3 25
16.3%
Q2 25
19.4%
Q1 25
18.4%
Q4 24
16.9%
Q3 24
16.8%
Q2 24
18.5%
Q1 24
17.0%
Operating Margin
SEM
SEM
SLGN
SLGN
Q4 25
4.6%
3.6%
Q3 25
5.4%
7.4%
Q2 25
6.5%
7.7%
Q1 25
8.3%
6.0%
Q4 24
1.6%
3.4%
Q3 24
4.3%
7.2%
Q2 24
5.8%
7.3%
Q1 24
9.0%
5.5%
Net Margin
SEM
SEM
SLGN
SLGN
Q4 25
1.4%
1.2%
Q3 25
2.1%
5.6%
Q2 25
3.0%
5.8%
Q1 25
4.2%
4.6%
Q4 24
-1.2%
3.2%
Q3 24
4.4%
5.7%
Q2 24
6.1%
5.5%
Q1 24
7.3%
4.2%
EPS (diluted)
SEM
SEM
SLGN
SLGN
Q4 25
$0.17
$0.18
Q3 25
$0.23
$1.06
Q2 25
$0.32
$0.83
Q1 25
$0.44
$0.63
Q4 24
$-0.12
$0.42
Q3 24
$0.43
$0.93
Q2 24
$0.60
$0.71
Q1 24
$0.75
$0.52

Balance Sheet & Financial Strength

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

Metric
SEM
SEM
SLGN
SLGN
Cash + ST InvestmentsLiquidity on hand
$26.5M
$1.1B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$1.7B
$2.3B
Total Assets
$5.9B
$9.4B
Debt / EquityLower = less leverage
1.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SEM
SEM
SLGN
SLGN
Q4 25
$26.5M
$1.1B
Q3 25
$60.1M
$389.2M
Q2 25
$52.3M
$317.5M
Q1 25
$53.2M
$353.0M
Q4 24
$59.7M
$822.9M
Q3 24
$191.5M
$368.5M
Q2 24
$111.2M
$302.8M
Q1 24
$92.6M
$308.6M
Total Debt
SEM
SEM
SLGN
SLGN
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$3.1B
Q2 24
$3.6B
Q1 24
$3.8B
Stockholders' Equity
SEM
SEM
SLGN
SLGN
Q4 25
$1.7B
$2.3B
Q3 25
$1.7B
$2.3B
Q2 25
$1.7B
$2.2B
Q1 25
$1.7B
$2.1B
Q4 24
$1.7B
$2.0B
Q3 24
$1.9B
$2.1B
Q2 24
$1.4B
$1.9B
Q1 24
$1.4B
$1.9B
Total Assets
SEM
SEM
SLGN
SLGN
Q4 25
$5.9B
$9.4B
Q3 25
$5.7B
$9.5B
Q2 25
$5.7B
$9.4B
Q1 25
$5.7B
$8.8B
Q4 24
$5.6B
$8.6B
Q3 24
$8.0B
$7.7B
Q2 24
$7.9B
$7.7B
Q1 24
$7.9B
$7.6B
Debt / Equity
SEM
SEM
SLGN
SLGN
Q4 25
1.06×
Q3 25
1.03×
Q2 25
1.10×
Q1 25
1.03×
Q4 24
1.01×
Q3 24
1.62×
Q2 24
2.54×
Q1 24
2.75×

Cash Flow & Capital Efficiency

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

Metric
SEM
SEM
SLGN
SLGN
Operating Cash FlowLast quarter
$64.3M
$1.3B
Free Cash FlowOCF − Capex
$5.2M
$1.2B
FCF MarginFCF / Revenue
0.4%
83.2%
Capex IntensityCapex / Revenue
4.2%
4.9%
Cash ConversionOCF / Net Profit
3.19×
71.07×
TTM Free Cash FlowTrailing 4 quarters
$117.2M
$422.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SEM
SEM
SLGN
SLGN
Q4 25
$64.3M
$1.3B
Q3 25
$175.3M
$340.9M
Q2 25
$110.3M
$-221.4M
Q1 25
$-3.5M
$-683.4M
Q4 24
$125.4M
$935.8M
Q3 24
$181.0M
$313.0M
Q2 24
$278.2M
$20.9M
Q1 24
$-66.7M
$-547.8M
Free Cash Flow
SEM
SEM
SLGN
SLGN
Q4 25
$5.2M
$1.2B
Q3 25
$122.2M
$260.8M
Q2 25
$45.6M
$-294.2M
Q1 25
$-55.8M
$-766.3M
Q4 24
$62.0M
$865.0M
Q3 24
$130.3M
$252.4M
Q2 24
$222.6M
$-35.3M
Q1 24
$-119.2M
$-623.1M
FCF Margin
SEM
SEM
SLGN
SLGN
Q4 25
0.4%
83.2%
Q3 25
9.0%
13.0%
Q2 25
3.4%
-19.1%
Q1 25
-4.1%
-52.2%
Q4 24
4.7%
61.3%
Q3 24
10.2%
14.5%
Q2 24
17.4%
-2.6%
Q1 24
-9.0%
-47.3%
Capex Intensity
SEM
SEM
SLGN
SLGN
Q4 25
4.2%
4.9%
Q3 25
3.9%
4.0%
Q2 25
4.8%
4.7%
Q1 25
3.9%
5.7%
Q4 24
4.8%
5.0%
Q3 24
4.0%
3.5%
Q2 24
4.3%
4.1%
Q1 24
4.0%
5.7%
Cash Conversion
SEM
SEM
SLGN
SLGN
Q4 25
3.19×
71.07×
Q3 25
6.09×
3.01×
Q2 25
2.72×
-2.49×
Q1 25
-0.06×
-10.06×
Q4 24
20.77×
Q3 24
3.25×
3.13×
Q2 24
3.59×
0.27×
Q1 24
-0.69×
-9.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SEM
SEM

Critical Illness Recovery Hospitals$629.7M45%
Health Care Patient Service Non Medicare$428.6M31%
Rehabilitation Hospitals$339.2M24%

SLGN
SLGN

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

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