Crown Holdings, Inc. (CCK) vs Smurfit Westrock PLC (SW)

Crown Holdings, Inc. and Smurfit Westrock PLC are both Packaging & Containers companies. Smurfit Westrock PLC is the larger, with a market value of $24.1B against $11.5B — 2.1× the size. Crown Holdings, Inc. trades at the lower P/E: 15.5× against 48.9×. Crown Holdings, Inc. grew revenue faster over the last twelve months: 10.4% against 1.69%. Crown Holdings, Inc. has the higher net margin (5.91% vs 1.59%) and the higher return on invested capital (11.6% vs 2.93%). Both pay a dividend; Smurfit Westrock PLC yields more (2.64% vs 1.10%). Across the 23 metrics below, Crown Holdings, Inc. leads on 15 and Smurfit Westrock PLC on 8.

Valuation

Metric CCK SW Packaging & Containers median
P/E 15.48 48.85 15.79
P/S 0.89 0.78 0.88
P/B 3.51 1.35 1.60
Price to free cash flow 9.50 23.25 13.41
EV/EBITDA 8.24 8.97 9.04
EV/Sales 1.30 1.21 1.31
Earnings yield 6.46% 2.05% 5.04%
Free cash flow yield 10.52% 4.30% 6.34%

Profitability

Metric CCK SW Packaging & Containers median
Gross margin 17.44% 17.93% 20.03%
Operating margin 12.27% 4.71% 8.36%
Net margin 5.91% 1.59% 4.53%
Free cash flow margin 9.38% 3.34% 5.14%
Return on equity 23.27% 2.73% 11.28%
Return on assets 5.40% 1.09% 4.29%
Return on invested capital 11.59% 2.93% 6.43%

Growth

Metric CCK SW Packaging & Containers median
Revenue growth (TTM) 10.35% 1.69% 9.10%
EPS growth (last fiscal year) 79.72% 62.20% —
Revenue growth, 5-year CAGR 5.65% 7.96% 5.66%
Net income growth, 5-year CAGR 4.97% (5.84%) 0.00%

Health

Metric CCK SW Packaging & Containers median
Debt to equity 1.80 0.78 0.78
Current ratio 1.05 1.45 1.29
Net debt to EBITDA 2.59 3.02 2.65

Dividend

Metric CCK SW Packaging & Containers median
Dividend yield 1.10% 2.64% 2.79%
Payout ratio 0.23 0.28 0.28

Size

Metric CCK SW Packaging & Containers median
Market cap 11.50b 24.05b 3.71b

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