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

Toast, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.1× SILGAN HOLDINGS INC). Toast, Inc. runs the higher net margin — 6.2% vs 1.2%, a 4.9% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 4.1%). SILGAN HOLDINGS INC produced more free cash flow last quarter ($1.2B vs $178.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 5.6%).

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.

Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.

SLGN vs TOST — Head-to-Head

Bigger by revenue
TOST
TOST
1.1× larger
TOST
$1.6B
$1.5B
SLGN
Growing faster (revenue YoY)
TOST
TOST
+18.0% gap
TOST
22.0%
4.1%
SLGN
Higher net margin
TOST
TOST
4.9% more per $
TOST
6.2%
1.2%
SLGN
More free cash flow
SLGN
SLGN
$1.0B more FCF
SLGN
$1.2B
$178.0M
TOST
Faster 2-yr revenue CAGR
TOST
TOST
Annualised
TOST
23.3%
5.6%
SLGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SLGN
SLGN
TOST
TOST
Revenue
$1.5B
$1.6B
Net Profit
$18.2M
$101.0M
Gross Margin
17.2%
25.9%
Operating Margin
3.6%
5.2%
Net Margin
1.2%
6.2%
Revenue YoY
4.1%
22.0%
Net Profit YoY
-59.6%
215.6%
EPS (diluted)
$0.18
$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
SLGN
SLGN
TOST
TOST
Q4 25
$1.5B
$1.6B
Q3 25
$2.0B
$1.6B
Q2 25
$1.5B
$1.6B
Q1 25
$1.5B
$1.3B
Q4 24
$1.4B
$1.3B
Q3 24
$1.7B
$1.3B
Q2 24
$1.4B
$1.2B
Q1 24
$1.3B
$1.1B
Net Profit
SLGN
SLGN
TOST
TOST
Q4 25
$18.2M
$101.0M
Q3 25
$113.3M
$105.0M
Q2 25
$88.9M
$80.0M
Q1 25
$68.0M
$56.0M
Q4 24
$45.1M
$32.0M
Q3 24
$100.1M
$56.0M
Q2 24
$76.1M
$14.0M
Q1 24
$55.2M
$-83.0M
Gross Margin
SLGN
SLGN
TOST
TOST
Q4 25
17.2%
25.9%
Q3 25
16.3%
26.5%
Q2 25
19.4%
25.3%
Q1 25
18.4%
25.9%
Q4 24
16.9%
24.9%
Q3 24
16.8%
24.7%
Q2 24
18.5%
23.0%
Q1 24
17.0%
23.2%
Operating Margin
SLGN
SLGN
TOST
TOST
Q4 25
3.6%
5.2%
Q3 25
7.4%
5.1%
Q2 25
7.7%
5.2%
Q1 25
6.0%
3.2%
Q4 24
3.4%
2.5%
Q3 24
7.2%
2.6%
Q2 24
7.3%
0.4%
Q1 24
5.5%
-5.2%
Net Margin
SLGN
SLGN
TOST
TOST
Q4 25
1.2%
6.2%
Q3 25
5.6%
6.4%
Q2 25
5.8%
5.2%
Q1 25
4.6%
4.2%
Q4 24
3.2%
2.4%
Q3 24
5.7%
4.3%
Q2 24
5.5%
1.1%
Q1 24
4.2%
-7.7%
EPS (diluted)
SLGN
SLGN
TOST
TOST
Q4 25
$0.18
$0.18
Q3 25
$1.06
$0.16
Q2 25
$0.83
$0.13
Q1 25
$0.63
$0.09
Q4 24
$0.42
$0.09
Q3 24
$0.93
$0.07
Q2 24
$0.71
$0.02
Q1 24
$0.52
$-0.15

Balance Sheet & Financial Strength

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

Metric
SLGN
SLGN
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$1.1B
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$2.1B
Total Assets
$9.4B
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLGN
SLGN
TOST
TOST
Q4 25
$1.1B
$1.4B
Q3 25
$389.2M
$1.4B
Q2 25
$317.5M
$1.2B
Q1 25
$353.0M
$1.0B
Q4 24
$822.9M
$903.0M
Q3 24
$368.5M
$761.0M
Q2 24
$302.8M
$691.0M
Q1 24
$308.6M
$578.0M
Stockholders' Equity
SLGN
SLGN
TOST
TOST
Q4 25
$2.3B
$2.1B
Q3 25
$2.3B
$2.0B
Q2 25
$2.2B
$1.8B
Q1 25
$2.1B
$1.7B
Q4 24
$2.0B
$1.5B
Q3 24
$2.1B
$1.4B
Q2 24
$1.9B
$1.3B
Q1 24
$1.9B
$1.2B
Total Assets
SLGN
SLGN
TOST
TOST
Q4 25
$9.4B
$3.1B
Q3 25
$9.5B
$3.0B
Q2 25
$9.4B
$2.8B
Q1 25
$8.8B
$2.6B
Q4 24
$8.6B
$2.4B
Q3 24
$7.7B
$2.2B
Q2 24
$7.7B
$2.2B
Q1 24
$7.6B
$2.1B

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
TOST
TOST
Operating Cash FlowLast quarter
$1.3B
$194.0M
Free Cash FlowOCF − Capex
$1.2B
$178.0M
FCF MarginFCF / Revenue
83.2%
10.9%
Capex IntensityCapex / Revenue
4.9%
1.0%
Cash ConversionOCF / Net Profit
71.07×
1.92×
TTM Free Cash FlowTrailing 4 quarters
$422.7M
$608.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLGN
SLGN
TOST
TOST
Q4 25
$1.3B
$194.0M
Q3 25
$340.9M
$165.0M
Q2 25
$-221.4M
$223.0M
Q1 25
$-683.4M
$79.0M
Q4 24
$935.8M
$147.0M
Q3 24
$313.0M
$109.0M
Q2 24
$20.9M
$124.0M
Q1 24
$-547.8M
$-20.0M
Free Cash Flow
SLGN
SLGN
TOST
TOST
Q4 25
$1.2B
$178.0M
Q3 25
$260.8M
$153.0M
Q2 25
$-294.2M
$208.0M
Q1 25
$-766.3M
$69.0M
Q4 24
$865.0M
$134.0M
Q3 24
$252.4M
$97.0M
Q2 24
$-35.3M
$108.0M
Q1 24
$-623.1M
$-33.0M
FCF Margin
SLGN
SLGN
TOST
TOST
Q4 25
83.2%
10.9%
Q3 25
13.0%
9.4%
Q2 25
-19.1%
13.4%
Q1 25
-52.2%
5.2%
Q4 24
61.3%
10.0%
Q3 24
14.5%
7.4%
Q2 24
-2.6%
8.7%
Q1 24
-47.3%
-3.1%
Capex Intensity
SLGN
SLGN
TOST
TOST
Q4 25
4.9%
1.0%
Q3 25
4.0%
0.7%
Q2 25
4.7%
1.0%
Q1 25
5.7%
0.7%
Q4 24
5.0%
1.0%
Q3 24
3.5%
0.9%
Q2 24
4.1%
1.3%
Q1 24
5.7%
1.2%
Cash Conversion
SLGN
SLGN
TOST
TOST
Q4 25
71.07×
1.92×
Q3 25
3.01×
1.57×
Q2 25
-2.49×
2.79×
Q1 25
-10.06×
1.41×
Q4 24
20.77×
4.59×
Q3 24
3.13×
1.95×
Q2 24
0.27×
8.86×
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%

TOST
TOST

Technology Service$1.3B82%
License$256.0M16%
Product And Professional Services$43.0M3%

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