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Side-by-side financial comparison of SILGAN HOLDINGS INC (SLGN) and TreeHouse Foods, Inc. (THS). Click either name above to swap in a different company.

SILGAN HOLDINGS INC is the larger business by last-quarter revenue ($1.5B vs $840.3M, roughly 1.7× TreeHouse Foods, Inc.). SILGAN HOLDINGS INC runs the higher net margin — 1.2% vs -31.6%, a 32.9% gap on every dollar of revenue. On growth, SILGAN HOLDINGS INC posted the faster year-over-year revenue change (4.1% vs 0.1%). Over the past eight quarters, SILGAN HOLDINGS INC's revenue compounded faster (5.6% CAGR vs -3.9%).

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.

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

SLGN vs THS — Head-to-Head

Bigger by revenue
SLGN
SLGN
1.7× larger
SLGN
$1.5B
$840.3M
THS
Growing faster (revenue YoY)
SLGN
SLGN
+3.9% gap
SLGN
4.1%
0.1%
THS
Higher net margin
SLGN
SLGN
32.9% more per $
SLGN
1.2%
-31.6%
THS
Faster 2-yr revenue CAGR
SLGN
SLGN
Annualised
SLGN
5.6%
-3.9%
THS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
SLGN
SLGN
THS
THS
Revenue
$1.5B
$840.3M
Net Profit
$18.2M
$-265.8M
Gross Margin
17.2%
18.8%
Operating Margin
3.6%
-30.2%
Net Margin
1.2%
-31.6%
Revenue YoY
4.1%
0.1%
Net Profit YoY
-59.6%
-7717.6%
EPS (diluted)
$0.18
$-5.26

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
SLGN
SLGN
THS
THS
Q4 25
$1.5B
Q3 25
$2.0B
$840.3M
Q2 25
$1.5B
$798.0M
Q1 25
$1.5B
$792.0M
Q4 24
$1.4B
$905.7M
Q3 24
$1.7B
$839.1M
Q2 24
$1.4B
$788.5M
Q1 24
$1.3B
$820.7M
Net Profit
SLGN
SLGN
THS
THS
Q4 25
$18.2M
Q3 25
$113.3M
$-265.8M
Q2 25
$88.9M
$-2.9M
Q1 25
$68.0M
$-31.8M
Q4 24
$45.1M
$58.7M
Q3 24
$100.1M
$-3.4M
Q2 24
$76.1M
$-16.7M
Q1 24
$55.2M
$-11.7M
Gross Margin
SLGN
SLGN
THS
THS
Q4 25
17.2%
Q3 25
16.3%
18.8%
Q2 25
19.4%
17.4%
Q1 25
18.4%
14.5%
Q4 24
16.9%
19.5%
Q3 24
16.8%
15.6%
Q2 24
18.5%
16.3%
Q1 24
17.0%
13.6%
Operating Margin
SLGN
SLGN
THS
THS
Q4 25
3.6%
Q3 25
7.4%
-30.2%
Q2 25
7.7%
3.4%
Q1 25
6.0%
-0.7%
Q4 24
3.4%
8.9%
Q3 24
7.2%
3.8%
Q2 24
7.3%
-0.5%
Q1 24
5.5%
-0.6%
Net Margin
SLGN
SLGN
THS
THS
Q4 25
1.2%
Q3 25
5.6%
-31.6%
Q2 25
5.8%
-0.4%
Q1 25
4.6%
-4.0%
Q4 24
3.2%
6.5%
Q3 24
5.7%
-0.4%
Q2 24
5.5%
-2.1%
Q1 24
4.2%
-1.4%
EPS (diluted)
SLGN
SLGN
THS
THS
Q4 25
$0.18
Q3 25
$1.06
$-5.26
Q2 25
$0.83
$-0.06
Q1 25
$0.63
$-0.63
Q4 24
$0.42
$1.12
Q3 24
$0.93
$-0.07
Q2 24
$0.71
$-0.32
Q1 24
$0.52
$-0.22

Balance Sheet & Financial Strength

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

Metric
SLGN
SLGN
THS
THS
Cash + ST InvestmentsLiquidity on hand
$1.1B
$21.0M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.3B
$1.3B
Total Assets
$9.4B
$3.8B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLGN
SLGN
THS
THS
Q4 25
$1.1B
Q3 25
$389.2M
$21.0M
Q2 25
$317.5M
$17.1M
Q1 25
$353.0M
$16.4M
Q4 24
$822.9M
$289.6M
Q3 24
$368.5M
$102.0M
Q2 24
$302.8M
$105.8M
Q1 24
$308.6M
$191.8M
Total Debt
SLGN
SLGN
THS
THS
Q4 25
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
SLGN
SLGN
THS
THS
Q4 25
$2.3B
Q3 25
$2.3B
$1.3B
Q2 25
$2.2B
$1.5B
Q1 25
$2.1B
$1.5B
Q4 24
$2.0B
$1.5B
Q3 24
$2.1B
$1.6B
Q2 24
$1.9B
$1.6B
Q1 24
$1.9B
$1.6B
Total Assets
SLGN
SLGN
THS
THS
Q4 25
$9.4B
Q3 25
$9.5B
$3.8B
Q2 25
$9.4B
$4.0B
Q1 25
$8.8B
$3.9B
Q4 24
$8.6B
$4.0B
Q3 24
$7.7B
$4.0B
Q2 24
$7.7B
$3.9B
Q1 24
$7.6B
$4.0B
Debt / Equity
SLGN
SLGN
THS
THS
Q4 25
Q3 25
1.18×
Q2 25
0.98×
Q1 25
0.93×
Q4 24
0.90×
Q3 24
0.90×
Q2 24
0.90×
Q1 24
0.87×

Cash Flow & Capital Efficiency

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

Metric
SLGN
SLGN
THS
THS
Operating Cash FlowLast quarter
$1.3B
$38.2M
Free Cash FlowOCF − Capex
$1.2B
FCF MarginFCF / Revenue
83.2%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
71.07×
TTM Free Cash FlowTrailing 4 quarters
$422.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLGN
SLGN
THS
THS
Q4 25
$1.3B
Q3 25
$340.9M
$38.2M
Q2 25
$-221.4M
$-47.2M
Q1 25
$-683.4M
$-53.5M
Q4 24
$935.8M
$296.2M
Q3 24
$313.0M
$41.4M
Q2 24
$20.9M
$-19.4M
Q1 24
$-547.8M
$-52.4M
Free Cash Flow
SLGN
SLGN
THS
THS
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
$-42.2M
Q1 24
$-623.1M
$-80.7M
FCF Margin
SLGN
SLGN
THS
THS
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%
-5.4%
Q1 24
-47.3%
-9.8%
Capex Intensity
SLGN
SLGN
THS
THS
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%
2.9%
Q1 24
5.7%
3.4%
Cash Conversion
SLGN
SLGN
THS
THS
Q4 25
71.07×
Q3 25
3.01×
Q2 25
-2.49×
Q1 25
-10.06×
Q4 24
20.77×
5.05×
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

SLGN
SLGN

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

THS
THS

Retail Grocery Customers$670.6M80%
Food Away From Home And Other$85.3M10%
Co Manufacturing$84.4M10%

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