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Crown Holdings, Inc.

CCK Consumer Cyclical Packaging & Containers

Crown Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.4 billion, up 4.78% from fiscal 2024.

Revenue
+15.9%
EPS
+12.4%
Free cash flow
−39.1%
Total debt
−8.39%

Quarter to September 2026, against a year earlier

121.96 2.82 −2.26%
Market cap
$13.2B
P/E
16.9×
Fwd P/E
16.3×
Dividend yield
1.15%
F-score
8/9
Altman Z
2.27
Beneish M
−2.66
Dividend safety
68/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2025

  • Americas Beverage
  • European Beverage
  • Transit Packaging
  • Other
  • Asia Pacific

Every year since 2012 →

Insider Decisions last twelve months

Sold, $m 16.48
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 2 2 3 — 2 — 1 1 — — — —
Insider Ownership 0.70%

Capital & Financial Ratios $m

Size
Market Cap 13,170.00
Revenue ttm 13,765.00
Net income ttm 944.00
Free cash flow ttm 1,052.00
Net debt Q 5,224.00
Valuation
P/E 16.92
Forward P/E 16.30
Price / sales 0.96
Forward P/S Powerpack
Price / FCF 12.50
Price / book 3.80
Financial health
Current ratio Q 1.14
Debt / equity Q 1.69
Interest coverage Q 4.56
Growth
Revenue growth Q +15.90% (above 0%: growing)
Operating income growth Q +4.49% (above 0%: growing)
EPS, this year +8.01%
EPS, next year A +8.04%
Revenue, next year A +13.34% (at or above 10%: strong)
EPS, past 5 yrs +8.21%
EPS, next 5 yrs A +8.72%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.3×, against a ten-year median of 1.4×; over the ten years it ranged from 1.1× in 2022 to 2.5× in 2020.
P/E against its own 10 years 34.02%
10-year low 10-year high
P/S against its own 10 years 69.78%
10-year low 10-year high
P/B against its own 10 years 27.43%
10-year low 10-year high
EV/Sales against its own 10 years 20.13%
10-year low 10-year high
EV/FCF against its own 10 years 29.57%
10-year low 10-year high

Dividends raised every year since 2021

Yield
1.15%
Annual rate
1.40
Payout ratio
19.5%
Growth, 2021–26
+11.8%/yr
  1. 0.80 ’21
  2. 0.88 ’22 +10
  3. 0.96 ’23 +9
  4. 1.00 ’24 +4
  5. 1.04 ’25 +4
  6. 1.40 ’26 +35
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,310 918 764 629
Receivables 1,719 1,656 1,768 2,116
Inventory 1,613 1,440 1,577 1,861
Other — — — —
4,833 4,211 4,388 4,915
2023 2024 2025 Q'26
Payables 2,459 2,425 2,643 3,254
ST’ Debt 775 146 563 142
Other — — — —
4,201 3,465 4,266 4,318

Compound Annual Growth %

10y 5y 3y
Sales 3.50% 5.65% (1.51%)
Cash Flow 4.81% 3.07% 23.97%
Earnings 6.50% 4.97% 0.50%
Book Value 24.63% 5.97% 15.02%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 2.25 Actual 2.39

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 1.69 1.74 Beat by 0.05
Q1 FY26 1.75 1.86 Beat by 0.11
Q2 FY26 2.15 2.49 Beat by 0.34
Q3 FY26 2.25 2.39 Beat by 0.14
Q4 FY26 1.66 — Reports 3 February 2027

EPS $

Mar Jun Sep Dec Year
’26 1.56 2.23 2.08 — —
’25 1.65 1.56 1.85 1.31 6.38
’24 0.56 1.45 (1.47) 3.02 3.55
’23 0.85 1.31 1.33 0.27 3.76
’22 1.74 2.43 1.06 0.74 5.99
’21 1.57 0.95 0.79 (7.95) (4.30)
’20 0.65 0.94 1.59 1.12 4.30
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 3,259 3,668 3,711 — —
’25 2,887 3,149 3,202 3,127 12,365
’24 2,784 3,040 3,074 2,903 11,801
’23 2,974 3,109 3,069 2,858 12,010
’22 3,162 3,510 3,259 3,012 12,943
’21 2,564 2,856 2,920 3,054 11,394
’20 2,757 2,137 2,489 2,009 9,392
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (54) 713 406 — —
’25 14 449 580 487 1,530
’24 (102) 445 554 295 1,192
’23 (235) 528 539 621 1,453
’22 (301) 497 (62) 669 803
’21 (385) 554 76 660 905
’20 (607) 369 547 1,006 1,315
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (118) 612 299 — —
’25 2 401 491 259 1,153
’24 (196) 383 477 153 817
’23 (468) 309 382 454 677
’22 (406) 307 (359) 437 (21)
’21 (518) 364 (89) 376 133
’20 (717) 280 421 760 744
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 4.8% a year for ten years.

Implied
4.8%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 8,284 8,698 11,151 9,559 9,392 11,394 12,943 12,010 11,801 12,365 13,765 +4.6% 14,014 14,350 14,619 +5.7%
Gross margin, % 17.07 16.61 15.23 16.25 17.15 16.83 14.22 16.36 17.72 18.34 16.80 +1.3 pt
EBT 769 829 740 631 725 (419) 1,056 795 743 1,160 1,261 +4.7%
EBT margin, % 9.28 9.53 6.64 6.60 7.72 (3.68) 8.16 6.62 6.30 9.38 9.16 +0.1 pt
Net income 583 428 528 625 688 (411) 855 587 560 883 944 +4.7%
Per share, $
Per share, $ Revenue 59.80 64.29 83.44 71.39 70.34 87.39 107.09 100.58 99.00 107.32 127.69 +6.7%
Earnings 3.58 2.39 3.28 3.81 4.34 (4.30) 6.01 3.77 3.56 6.41 7.21 +6.7%
Cash flow (0.97) (1.86) 4.27 8.69 9.85 6.94 6.64 12.17 10.00 13.28 14.40 n/m
Capex (3.34) (3.62) (3.19) (2.94) (4.28) (5.92) (6.82) (6.50) (3.15) (3.27) (4.64) (0.2%)
Free cash flow (4.31) (5.48) 1.09 5.75 5.57 1.02 (0.17) 5.67 6.85 10.01 9.76 n/m
Book value 4.82 6.82 9.62 15.62 19.50 17.87 18.92 23.98 27.08 30.20 32.11 +22.6%
Shares, m 139 135 134 134 134 130 121 119 119 115 111 (2.0%)
Valuation, ×
Valuation, × P/E 14.85 24.02 12.64 19.04 23.03 0.00 13.75 24.34 23.16 16.09 16.92 17.1
P/S 0.89 0.89 0.50 1.02 1.42 1.27 0.77 0.91 0.84 0.96 0.96 0.9
P/B 11.02 8.34 4.32 4.64 5.14 6.19 4.36 3.83 3.05 3.41 3.80 5.4
EV/Sales 1.41 1.45 1.22 1.78 2.17 1.77 1.27 1.43 1.28 1.38 1.33 1.5
EV/FCF (19.63) (17.03) 93.87 22.16 27.42 151.53 (780.80) 25.29 18.53 14.80 17.46 (46.4)
Cash, $m
Cash, $m Operating cash flow (134) (251) 571 1,163 1,315 905 803 1,453 1,192 1,530 1,552 n/m
Capex (463) (490) (426) (393) (571) (772) (824) (776) (375) (377) (500) (2.3%)
Free cash flow (597) (741) 145 770 744 133 (21) 677 817 1,153 1,052 n/m
Balance, $m
Balance, $m Working capital (55) (176) 166 103 621 362 727 632 746 122 597 n/m
Net debt 4,352 4,919 8,056 7,348 7,021 5,731 6,427 6,164 5,286 5,200 5,224 +2.0%
Shareholders’ equity 668 923 1,286 2,092 2,604 2,330 2,287 2,864 3,228 3,480 3,461 +20.1%
Returns, %
Returns, % ROA 5.05 3.19 3.39 3.32 3.60 (3.67) 5.16 3.07 2.94 5.25 5.45 +0.2 pt
ROIC 12.41 10.96 7.33 6.80 6.81 10.57 9.58 8.79 10.42 11.18 11.84 (1.2) pt
ROE 94.21 40.60 39.75 30.20 24.66 (22.70) 31.49 17.47 13.92 22.00 22.84 (72.2) pt
People
People Employees 24,000 24,000 33,000 33,000 33,000 26,000 26,000 25,000 23,000 23,000 — (0.5%)
Revenue/emp, $m 0.35 0.36 0.34 0.29 0.28 0.44 0.50 0.48 0.51 0.54 — +5.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

Crown Holdings makes packaging for companies that sell beverages, food, personal care and household products, as well as materials that protect goods during transport. Founded in 1892, it is headquartered in Yardley. Timothy Donahue is its president and chief executive officer.

Its main business is making aluminum beverage cans and the ends that seal them. Crown also makes food and aerosol cans, glass bottles, bottle caps and other closures. Beverage customers range from local and regional producers to global companies. Crown offers different can sizes, printing and decoration, and services from product development through production-line implementation and quality assurance.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Americas Beverage 5,615 45.41%
European Beverage 2,325 18.80%
Transit Packaging 2,026 16.38%
Other 1,303 10.54%
Asia Pacific 1,096 8.86%
Gross margin 18.34%
Operating margin 12.56%
Pre-tax margin 9.38%

Revenue by segment since 2012

Crown Holdings, Inc. vs peers in Packaging & Containers (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SW Smurfit Westrock PLC $23.3B 49.6× 29.4× +1.97% (above 0%: growing) −11.85% (below 0%: shrinking) −29.37% (below 0%: shrinking) 17.64% 5.97% Compare
PKG Packaging Corporation of America $22.2B 30.4× 26.2× +12.46% (above 0%: growing) +16.67% (above 0%: growing) +5.30% (above 0%: growing) 23.21% 14.81% Compare
AMCR Amcor PLC $21.2B 19.4× 15.8× +25.90% (above 0%: growing) n/m +54.49% (above 0%: growing) 20.90% 10.10% Compare
IP International Paper Company $18.1B — (loss-making) — (loss-making) −0.40% (below 0%: shrinking) n/m −218.18% (below 0%: shrinking) 31.21% 4.70% Compare
BALL Ball Corporation $17.4B 33.6× 19.0× +23.94% (above 0%: growing) n/m −87.55% (below 0%: shrinking) 16.93% (1.84%) Compare
AVY Avery Dennison Corporation $14.3B 20.5× 19.2× +5.24% (above 0%: growing) +5.16% (above 0%: growing) −9.96% (below 0%: shrinking) 28.08% 11.69% Compare
CCK Crown Holdings, Inc. $13.2B 16.9× 16.3× +15.90% (above 0%: growing) +12.37% (above 0%: growing) −39.10% (below 0%: shrinking) 16.41% 11.91%
REYN Reynolds Consumer Products Inc. $5.2B 16.0× 14.6× +1.40% (above 0%: growing) −27.61% (below 0%: shrinking) −81.25% (below 0%: shrinking) 25.00% 10.38% Compare
SON Sonoco Products Company $5.1B — (loss-making) — (loss-making) −4.20% (below 0%: shrinking) n/m +1.80% (above 0%: growing) 19.85% (31.25%) Compare
Median of peers $17.8B 25.5× 19.1× +3.61% −3.34% −19.66% 22.06% 8.04%

All 23 Packaging & Containers stocks →

From the latest earnings call

Updated

  • CEO Timothy Donahue said beverage can volumes grew across several regions, while higher input costs and lower transit packaging results offset much of the contribution.
  • CFO Kevin Clothier said Crown raised its adjusted free cash flow expectation because working capital was performing better than previously expected.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 99.15%
Held by the ten largest 50.65%
Holder Shares Stake Change
BlackRock 16.96m 15.60% +1.06m
Vanguard 11.29m 10.38% −79.27k
Fidelity (FMR) 6.59m 6.06% −1.02m
State Street 3.54m 3.26% +53.21k
Franklin Templeton 3.46m 3.18% +114.45k
Invesco 3.29m 3.02% −326.43k
AQR Capital Management 2.82m 2.60% −1.16m
Swedbank 2.55m 2.34% +4.70k
Dimensional Fund Advisors 2.33m 2.14% +350.87k
Two Sigma 2.25m 2.07% −242.09k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 23 March 2026

Ownership

Directors and executive officers, together 0.90%
The Vanguard Group 10.80%
BlackRock, Inc. 8.80%
FMR LLC 7.80%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Crown Holdings, Inc. (CCK) Latest News

2 Nov

Impact 3 · · Trefis

24 Oct

Impact 3 · · Simply Wall St.

23 Oct

Impact 3 · · Zacks

22 Oct

Impact 4 · · StockStory
Impact 4 · · Zacks
Impact 3 · · PR Newswire
Impact 3 · · Zacks
Impact 3 · · Trefis

21 Oct

Impact 4 · · packagingdive.com
Impact 4 · · StockStory

20 Oct

Impact 4 · · The Motley Fool
Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby
Impact 4 · · Simply Wall St.
Impact 4 · · Simply Wall St.
Impact 3 · · StockStory
Impact 3 · · InvestorsHub
Impact 3 · · Simply Wall St.

19 Oct

Impact 4 · · PR Newswire
Impact 3 · · Zacks
Impact 3 · · StockStory
Impact 3 · · Investing.com
Impact 3 · · Zacks
Impact 3 · · Associated Press earnings

17 Oct

Impact 3 · · StockStory

14 Oct

Impact 3 · · Zacks

7 Oct

Impact 3 · · Zacks

22 Sep

Impact 4 · · Simply Wall St.

11 Sep

Impact 4 ·

CCK metrics, ten years each

stockrow.com/CCK · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com