Ball vs Silgan Holdings
Ball is the larger business, with $13.16bn of revenue in fiscal 2025 against $6.48bn for Silgan Holdings (2.0 times as much). Ball grew faster (11.6% against 10.7%). Ball kept more of each dollar of sales as profit: a net margin of 6.9% against 4.4%. Ball carries less debt relative to equity (130.1% against 191.9%).
| Latest fiscal year | BallBALL, 2025 | Silgan HoldingsSLGN, 2025 |
|---|---|---|
| Revenue | $13.16bn | $6.48bn |
| Revenue growth | 11.6% | 10.7% |
| Net income | $912m | $288m |
| Operating margin | — | — |
| Net margin | 6.9% | 4.4% |
| Return on equity | 16.2% | 13.5% |
| Free cash flow | $788m | $423m |
| Cash | $1.21bn | $1.08bn |
| Total debt | $7.05bn | $4.36bn |
| Debt to equity | 130.1% | 191.9% |
| Dividend per share | $0.80 | $0.80 |
| Dividend yield | 1.3% | 1.9% |
| Share buybacks | $1.32bn | $74.9m |
| Employees | 16,000 | — |
| Market value | $17.08bn | $4.39bn |
| Price vs our value range | Above our value range | — |
| Moat score | 61 (Moderate) | 54 (Moderate) |
| Insider trades, 12 months | 1 buys, 5 sales | 1 buys, 0 sales |