Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


HomeCompaniesSectorsCalendarLast night

Silgan Holdings Inc.SLGN · manufacturing
GradeSlothD/Eon the D/E boundary of 255 graded peers; percentile 78.7, sampling error 3.0 points; lower is stronger
Rank201 of 255
ProfitabilityB/Cpercentile 42.7
SolvencyEpercentile 83.6
Growth and financingCpercentile 51.2
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $9.4B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: distress
Inputs computable8 of 14
Graded fromfilings received through Feb 26, 2026225 days before the rescan; every figure keyed to the SEC receipt date
Last close$35.802026-10-08; market equity $3.8B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$40$50NovDecJanFebMarAprMayJunJulAugSepOctD/E$35.80
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ4
Mar 21, 2012nonen/aQ5
Mar 21, 2013E86.1Q5
Mar 21, 2014D/E80.6Q5
Mar 21, 2015D73.6Q5
Mar 21, 2016D/E82.8Q5
Apr 21, 2016E83.8Q5
Aug 21, 2016D/E82.2Q5
Mar 21, 2018D70.3Q5
Mar 21, 2019C50.8Q5
Mar 21, 2021D64.4Q5
Nov 21, 2021C/D62.1Q5
Mar 21, 2023B/C39.8Q5
Mar 21, 2024E89.5Q5
Jun 21, 2025D/E82.7Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 26, 2026; the document on sec.gov.

We are a leading manufacturer of sustainable rigid packaging solutions for the world's essential consumer goods products. We had consolidated net sales of approximately $6.5 billion in 2025. Our products are used for a wide variety of end markets and we operate 121 manufacturing plants in North America, Europe, Asia and South America.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 42.7
Gross profitability12.2%[1,3]21.9%81.82752025-12-31
Return on invested capitalnot computable9.7%
latest aligned inputs end 2013-12-31; latest annual assets end 2025-12-31
Accruals ratio(4.9%)[1,4-6](3.6%)41.03082025-12-31
Gross margin stability, five years0.6 pts[2-3,7-14]2.1 pts5.32292025-12-31
Solvency, sleeve percentile 83.6
Twelve-month failure probabilitynot computable0.04%
liabilities and a nearby cover-page share count are required at 2026-06-30
Altman Z double-primenot computable3.66
one or more required annual facts are missing
Net debt to EBITDAnot computable1.78x
latest aligned inputs end 2013-12-31; latest annual assets end 2025-12-31
Interest coveragenot computable5.09x
latest aligned inputs end 2019-12-31; latest annual assets end 2025-12-31
Current ratio1.22x[15-16]2.25x83.63252025-12-31
Growth and financing, sleeve percentile 51.2
Revenue growth, three-year compound0.4%[2,8,10,12]2.1%59.72692025-12-31
Free cash flow growth, three-year compound(7.4%)[5,17-23]13.9%84.81392025-12-31
Reinvestment ratenot computable26.4%
latest aligned inputs end 2019-12-31; latest annual assets end 2025-12-31
Asset growth, three years8.6%[1,6,24-25]4.4%29.12792025-12-31
Net share issuance, one year(1.3%)[26-27]0.01%31.02432026-02-01

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.212; sampling error 3.0 percentile points on 255 peers.

Among 255 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXPH, Parker-Hannifin Corp.; B, percentile 36.6; market equity $119.4BPHCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATGLW, Corning Inc.; C/D, percentile 60.2; market equity $131.6BGLWETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXSLGN 78.7strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
196Brunswick Corp. (BC)

Brunswick Corp. (BC)

Dfourth fifth; percentile 77.0

NYSE · Engines & Turbines

last close $62.39

No active warnings; 9 of 14 inputs

77.0D
197Brunswick Corp. (BC-PC)

Brunswick Corp. (BC-PC)

Dfourth fifth; percentile 77.0

NYSE · Engines & Turbines

No active warnings; 9 of 14 inputs

77.0D
198Avery Dennison Corp. (AVY)

Avery Dennison Corp. (AVY)

D/Eon the D/E boundary; percentile 77.6

NYSE · Converted Paper & Paperboard Prods (No Contaners/Boxes)

market equity $12.7B; last close $167.68

No active warnings; 8 of 14 inputs

77.6D/E
199Mativ Holdings, Inc. (MATV)

Mativ Holdings, Inc. (MATV)

D/Eon the D/E boundary; percentile 78.0

NYSE · Paper Mills

market equity $654.6M; last close $11.89

No active warnings; 10 of 14 inputs

78.0D/E
200Otis Worldwide Corp. (OTIS)

Otis Worldwide Corp. (OTIS)

D/Eon the D/E boundary; percentile 78.3

NYSE · Electronic & Other Electrical Equipment (No Computer Equip)

market equity $25.2B; last close $66.11

No active warnings; 10 of 14 inputs

78.3D/E
201Silgan Holdings Inc. (SLGN)

Silgan Holdings Inc. (SLGN)

D/Eon the D/E boundary; percentile 78.7

NYSE · Metal Cans

market equity $3.8B; last close $35.80

No active warnings; 8 of 14 inputs

78.7D/E
202Mercer International Inc. (MERC)

Mercer International Inc. (MERC)

D/Eon the D/E boundary; percentile 79.1

Nasdaq · Pulp Mills

market equity $16.5M; last close $0.25

No active warnings; 7 of 14 inputs

79.1D/E
203NN Inc. (NNBR)

NN Inc. (NNBR)

D/Eon the D/E boundary; percentile 79.5

Nasdaq · Metalworkg Machinery & Equipment

market equity $331.1M; last close $4.01

No active warnings; 7 of 14 inputs

79.5D/E
204Redwire Corp. (RDW)

Redwire Corp. (RDW)

D/Eon the D/E boundary; percentile 79.9

NYSE · Guided Missiles & Space Vehicles & Parts

market equity $2.4B; last close $9.76

Warnings: dilution, fortress balance sheet; 9 of 14 inputs

79.9D/Edilution, fortress balance sheet
205Regal Rexnord Corp. (RRX)

Regal Rexnord Corp. (RRX)

D/Eon the D/E boundary; percentile 80.3

NYSE · General Industrial Machinery & Equipment, NEC

market equity $10.7B; last close $160.06

No active warnings; 11 of 14 inputs

80.3D/E
206American Superconductor Corp. (AMSC)

American Superconductor Corp. (AMSC)

D/Eon the D/E boundary; percentile 80.7

Nasdaq · Motors & Generators

market equity $1.5B; last close $30.95

No active warnings; 7 of 14 inputs

80.7D/E
Peer policyLetterPercentilePeers
all graded filers, equal sleevesD67.12204
sector peers, equal sleeves (the grade)D/E78.7255
same exchange, equal sleevesC/D59.7984
sector peers, equal inputsC/D60.6255

Each letter is one fifth of the 255 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(2.4%)13.7%31hotter than 31 of 100 peers
Distance from 52-week high(26.8%)(24.3%)45closer to its high than 45 of 100 peers
EBIT to enterprise value7.0%4.1%77pricier than 23 of 100 peers
Free cash flow yield11.2%3.4%91pricier than 9 of 100 peers
Book value to price0.630.3472pricier than 28 of 100 peers
Sales to price1.710.5483pricier than 17 of 100 peers
Composite equity issuance, five years(12.6%)(9.5%)38more equity-funded than 38 of 100 peers
Relative strength against the sector, log excess return(0.16)(0.00)31ahead of 31 of 100 peers

Inputs: market equity $3.8B; EBIT $359.5M; free cash flow $422.7M; book equity $2.4B; sales $6.5B; debt $1.7B; cash $351.5M[28].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 7 of 9, period end 2025-12-31
Return on assets above zero3.4%✓ pass[4,6]
Operating cash flow above zero$729.8M✓ pass[5]
Return on assets improved(0.3 pts)✗ fail[4,6,24,29]
Operating cash flow exceeds net income$441.4M✓ pass[4-5]
Long-term leverage fell(0.9 pts)✓ pass[1,6,24,30-31]
Current ratio improved9.8 pts✓ pass[15-16,32-33]
No new shares issued(1.3%)✓ pass[26-27]
Gross margin improved0.4 pts✓ pass[2-3,7-8]
Asset turnover improved(1.4 pts)✗ fail[2,6,8,24]
Cash, filings, liquidity
Cash and equivalents$351.5M[34]
Operating cash flow, four quarters$640.8M[5,34-38]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing64
10-Q received Aug 6, 2026
Median daily dollar volume$42.3M
63 sessions
Days since newest grade input225

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$9.4B2025-12-312026-02-2610-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$6.5B2025-12-312026-02-2610-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$1.1B2025-12-312026-02-2610-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$288.4M2025-12-312026-02-2610-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$729.8M2025-12-312026-02-2610-Kfiling · viewer · series
6assetsus-gaap:Assets$8.6B2024-12-312026-02-2610-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$1.0B2024-12-312026-02-2610-Kfiling · viewer · series
8revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.9B2024-12-312026-02-2610-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$992.6M2023-12-312026-02-2610-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$6.0B2023-12-312026-02-2610-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$1.0B2022-12-312025-02-2710-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$6.4B2022-12-312025-02-2710-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$918.4M2021-12-312024-02-2910-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.7B2021-12-312024-02-2910-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$3.0B2025-12-312026-02-2610-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$2.5B2025-12-312026-02-2610-Kfiling · viewer · series
17capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$307.1M2025-12-312026-02-2610-Kfiling · viewer · series
18operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$721.9M2024-12-312026-02-2610-Kfiling · viewer · series
19capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$262.8M2024-12-312026-02-2610-Kfiling · viewer · series
20operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$482.6M2023-12-312026-02-2610-Kfiling · viewer · series
21capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$226.8M2023-12-312026-02-2610-Kfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$748.4M2022-12-312025-02-2710-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$215.8M2022-12-312025-02-2710-Kfiling · viewer · series
24assetsus-gaap:Assets$7.6B2023-12-312025-02-2710-Kfiling · viewer · series
25assetsus-gaap:Assets$7.3B2022-12-312024-02-2910-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding105,441,9712026-02-012026-02-2610-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding106,794,6502025-02-012025-02-2710-Kfiling · viewer · series
28shares outstandingdei:EntityCommonStockSharesOutstanding105,682,0202026-07-312026-08-0610-Qfiling · viewer · series
29net incomeus-gaap:NetIncomeLoss$276.4M2024-12-312026-02-2610-Kfiling · viewer · series
30long term debtus-gaap:LongTermDebtNoncurrent$3.7B2025-12-312026-02-2610-Kfiling · viewer · series
31long term debtus-gaap:LongTermDebtNoncurrent$3.4B2024-12-312026-02-2610-Kfiling · viewer · series
32current assetsus-gaap:AssetsCurrent$2.5B2024-12-312026-02-2610-Kfiling · viewer · series
33current liabilitiesus-gaap:LiabilitiesCurrent$2.2B2024-12-312026-02-2610-Kfiling · viewer · series
34cashus-gaap:CashAndCashEquivalentsAtCarryingValue$351.5M2026-06-302026-08-0610-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$993.9M2026-06-302026-08-0610-Qfiling · viewer · series
36operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$799.6M2026-03-312026-05-0610-Qfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$564.0M2025-09-302025-11-0510-Qfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$904.9M2025-06-302026-08-0610-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 78.7 is 1.3 points from the nearest band edge; sampling error is 3.0 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.