NYSE : CCK
Crown Holdings, Inc. — Financial statements
Consumer Discretionary · Packaging & Containers · United States
Last price 118.2 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 12.62B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Crown Holdings, Inc. (CCK) reported revenue of 13.77B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.77B | 12.37B | 11.80B | 12.01B | 12.94B | 11.39B |
| Cost of Revenue | 10.99B | 9.64B | 9.26B | 9.55B | 10.64B | 9.03B |
| Gross Profit | 2.78B | 2.72B | 2.54B | 2.46B | 2.30B | 2.37B |
| Selling, General & Admin | 667.00M | 645.00M | 630.00M | 631.00M | 540.00M | 2.10B |
| Other Operating Expenses | 1.00M | -3.00M | 11.00M | 19.00M | 14.00M | -12.00M |
| Operating Expenses | 1.13B | 1.10B | 1.09B | 1.15B | 1.01B | 2.53B |
| Operating Income | 1.65B | 1.63B | 1.45B | 1.31B | 1.29B | -168.00M |
| Interest Expense | -394.00M | -398.00M | -452.00M | -436.00M | -284.00M | -253.00M |
| Interest & Investment Income | 51.00M | 55.00M | 82.00M | 53.00M | 15.00M | 9.00M |
| Earnings From Equity Investments | 4.00M | 4.00M | 14.00M | 42.00M | 3.00M | |
| Currency Exchange Gain (Loss) | -5.00M | -22.00M | -34.00M | -41.00M | -16.00M | 45.00M |
| EBT Excluding Unusual Items | 1.30B | 1.26B | 1.05B | 905.00M | 1.04B | -364.00M |
| Merger & Restructuring Charges | -17.00M | -22.00M | -80.00M | -66.00M | -35.00M | -29.00M |
| Gain (Loss) on Sale of Investments | 275.00M | |||||
| Gain (Loss) on Sale of Assets | 28.00M | -23.00M | 12.00M | -29.00M | 113.00M | |
| Asset Writedown | -30.00M | -30.00M | -7.00M | 20.00M | ||
| Legal Settlements | -11.00M | 4.00M | -5.00M | 25.00M | ||
| Other Unusual Items | -17.00M | -15.00M | -514.00M | -1.00M | -11.00M | -68.00M |
| Pretax Income | 1.26B | 1.16B | 743.00M | 809.00M | 1.10B | -416.00M |
| Income Tax Expense | 321.00M | 281.00M | 183.00M | 222.00M | 243.00M | -57.00M |
| Earnings From Continuing Operations | 944.00M | 883.00M | 560.00M | 587.00M | 855.00M | -359.00M |
| Earnings From Discontinued Operations | -53.00M | |||||
| Net Income to Company | 944.00M | 883.00M | 560.00M | 587.00M | 855.00M | -412.00M |
| Minority Interest in Earnings | -149.00M | -145.00M | -136.00M | -137.00M | -128.00M | -148.00M |
| Net Income | 795.00M | 738.00M | 424.00M | 450.00M | 727.00M | -560.00M |
| Net Income to Common | 795.00M | 738.00M | 424.00M | 450.00M | 727.00M | -560.00M |
| Shares Outstanding (Basic) | 110.72M | 115.22M | 119.20M | 119.41M | 120.86M | 130.38M |
| Shares Outstanding (Diluted) | 111.31M | 115.74M | 119.43M | 119.67M | 121.38M | 130.38M |
| EPS (Basic) | 7.18 | 6.41 | 3.56 | 3.77 | 6.02 | -4.30 |
| EPS (Diluted) | 7.15 | 6.38 | 3.55 | 3.76 | 5.99 | -4.30 |
| Free Cash Flow | 1.01B | 1.12B | 789.00M | 660.00M | -36.00M | 89.00M |
| Free Cash Flow Per Share | 9.07 | 9.65 | 6.61 | 5.51 | -0.30 | 0.68 |
| Dividend Per Share | 1.31 | 1.04 | 1.00 | 0.96 | 0.88 | 0.80 |
| Gross Margin | 20.18% | 22.03% | 21.52% | 20.52% | 17.77% | 20.76% |
| Operating Margin | 11.95% | 13.15% | 12.29% | 10.95% | 9.94% | -1.47% |
| Profit Margin | 5.78% | 5.97% | 3.59% | 3.75% | 5.62% | -4.92% |
| Free Cash Flow Margin | 7.34% | 9.03% | 6.69% | 5.50% | -0.28% | 0.78% |
| EBITDA | 2.11B | 2.08B | 1.90B | 1.81B | 1.75B | 279.00M |
| EBITDA Margin | 15.33% | 16.84% | 16.08% | 15.10% | 13.49% | 2.45% |
| D&A For EBITDA | 465.00M | 456.00M | 448.00M | 499.00M | 460.00M | 447.00M |
| EBIT | 1.65B | 1.63B | 1.45B | 1.31B | 1.29B | -168.00M |
| EBIT Margin | 11.95% | 13.15% | 12.29% | 10.95% | 9.94% | -1.47% |
| Effective Tax Rate | 25.37% | 24.14% | 24.63% | 27.44% | 22.13% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 629.00M | 764.00M | 918.00M | 1.31B | 550.00M | 531.00M |
| Cash & Short-Term Investments | 629.00M | 764.00M | 918.00M | 1.31B | 550.00M | 531.00M |
| Accounts Receivable | 1.70B | 1.45B | 1.35B | 1.44B | 1.49B | 1.62B |
| Other Receivables | 436.00M | 350.00M | 310.00M | 288.00M | 370.00M | 295.00M |
| Receivables | 2.13B | 1.80B | 1.67B | 1.73B | 1.86B | 1.91B |
| Inventory | 1.86B | 1.58B | 1.44B | 1.61B | 2.01B | 1.74B |
| Prepaid Expenses | 138.00M | 103.00M | 74.00M | 76.00M | 119.00M | 99.00M |
| Restricted Cash | 133.00M | 115.00M | 98.00M | 90.00M | 89.00M | 61.00M |
| Other Current Assets | 23.00M | 31.00M | 16.00M | 17.00M | 26.00M | 157.00M |
| Total Current Assets | 4.92B | 4.39B | 4.21B | 4.83B | 4.66B | 4.50B |
| Property, Plant & Equipment | 5.41B | 5.38B | 5.13B | 5.27B | 4.76B | 4.23B |
| Long-Term Investments | 25.00M | 22.00M | 87.00M | 158.00M | 161.00M | |
| Goodwill | 3.11B | 3.15B | 2.95B | 3.12B | 2.95B | 3.01B |
| Other Intangible Assets | 840.00M | 959.00M | 1.04B | 1.26B | 1.36B | 1.52B |
| Long-Term Deferred Tax Assets | 115.00M | 134.00M | 132.00M | 113.00M | 150.00M | |
| Other Long-Term Assets | 354.00M | 250.00M | 355.00M | 334.00M | 301.00M | 293.00M |
| Total Assets | 14.62B | 14.27B | 13.85B | 15.03B | 14.30B | 13.86B |
| Accounts Payable | 3.25B | 2.64B | 2.42B | 2.46B | 2.77B | 2.90B |
| Accrued Expenses | 855.00M | 844.00M | 683.00M | 740.00M | 761.00M | 802.00M |
| Short-Term Debt | 15.00M | 83.00M | 66.00M | 16.00M | 76.00M | 75.00M |
| Current Portion of Long-Term Debt | 127.00M | 480.00M | 80.00M | 759.00M | 109.00M | 135.00M |
| Current Portion of Leases | 47.00M | 50.00M | 48.00M | 46.00M | 46.00M | 44.00M |
| Current Income Taxes Payable | 89.00M | 116.00M | 119.00M | 87.00M | 101.00M | |
| Other Current Liabilities | 20.00M | 77.00M | 47.00M | 62.00M | 80.00M | 75.00M |
| Total Current Liabilities | 4.32B | 4.27B | 3.46B | 4.20B | 3.93B | 4.13B |
| Long-Term Debt | 5.71B | 5.40B | 6.06B | 6.70B | 6.79B | 6.05B |
| Long-Term Leases | 157.00M | 160.00M | 170.00M | 180.00M | 189.00M | 158.00M |
| Pension & Post-Retirement Benefits | 296.00M | 314.00M | 283.00M | 436.00M | 414.00M | 518.00M |
| Long-Term Deferred Tax Liabilities | 281.00M | 338.00M | 338.00M | 374.00M | 336.00M | |
| Other Long-Term Liabilities | 680.00M | 370.00M | 306.00M | 316.00M | 313.00M | 331.00M |
| Total Liabilities | 11.16B | 10.79B | 10.62B | 12.17B | 12.01B | 11.53B |
| Common Stock | 543.00M | 569.00M | 594.00M | 604.00M | 600.00M | 630.00M |
| Additional Paid-In Capital | 17.00M | |||||
| Retained Earnings | 3.80B | 3.81B | 3.62B | 3.48B | 3.14B | 3.18B |
| Comprehensive Income & Other | -1.41B | -1.38B | -1.46B | -1.69B | -1.89B | -1.90B |
| Total Common Equity | 2.94B | 3.00B | 2.76B | 2.41B | 1.85B | 1.91B |
| Minority Interest | 526.00M | 481.00M | 472.00M | 454.00M | 438.00M | 418.00M |
| Shareholders' Equity | 3.46B | 3.48B | 3.23B | 2.86B | 2.29B | 2.33B |
| Total Liabilities & Equity | 14.62B | 14.27B | 13.85B | 15.03B | 14.30B | 13.86B |
| Total Debt | 6.06B | 6.17B | 6.42B | 7.70B | 7.21B | 6.46B |
| Net Cash (Debt) | -5.43B | -5.41B | -5.50B | -6.39B | -6.66B | -5.93B |
| Net Cash Per Share | -48.76 | -46.74 | -46.09 | -53.40 | -54.89 | -45.51 |
| Filing Date Shares Outstanding | 106.80M | 111.97M | 116.22M | 119.34M | 119.15M | 123.29M |
| Total Common Shares Outstanding | 106.80M | 112.17M | 117.17M | 119.20M | 119.00M | 124.85M |
| Working Capital | 597.00M | 122.00M | 746.00M | 632.00M | 727.00M | 362.00M |
| Book Value Per Share | 27.48 | 26.74 | 23.52 | 20.22 | 15.54 | 15.31 |
| Tangible Book Value | -1.01B | -1.11B | -1.24B | -1.97B | -2.46B | -2.62B |
| Tangible Book Value Per Share | -9.48 | -9.94 | -10.60 | -16.48 | -20.67 | -20.99 |
| Land | 267.00M | 265.00M | 269.00M | 213.00M | 208.00M | |
| Buildings | 2.00B | 1.90B | 1.89B | 1.42B | 1.23B | |
| Machinery | 6.26B | 5.94B | 6.15B | 5.58B | 5.37B | |
| Construction In Progress | 627.00M | 469.00M | 589.00M | 844.00M | 612.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 795.00M | 738.00M | 424.00M | 450.00M | 727.00M | -560.00M |
| Depreciation & Amortization | 465.00M | 456.00M | 448.00M | 499.00M | 460.00M | 447.00M |
| Loss (Gain) From Sale of Assets | 23.00M | 23.00M | -12.00M | 21.00M | -113.00M | |
| Asset Writedown & Restructuring Costs | -11.00M | 52.00M | 80.00M | 74.00M | 42.00M | 9.00M |
| Loss (Gain) From Sale of Investments | -275.00M | |||||
| Loss (Gain) on Equity Investments | 1.00M | |||||
| Stock-Based Compensation | 45.00M | 48.00M | 42.00M | 31.00M | 29.00M | 33.00M |
| Other Operating Activities | 222.00M | 235.00M | 407.00M | 138.00M | 219.00M | 1.23B |
| Change in Accounts Receivable | -42.00M | -42.00M | 65.00M | 98.00M | 29.00M | -590.00M |
| Change in Inventory | -72.00M | -72.00M | 102.00M | 463.00M | -299.00M | -609.00M |
| Change in Accounts Payable | 140.00M | 140.00M | -90.00M | -413.00M | -149.00M | 873.00M |
| Change in Other Net Operating Assets | -14.00M | -48.00M | 1.00M | 92.00M | -142.00M | -42.00M |
| Operating Cash Flow | 1.55B | 1.53B | 1.19B | 1.45B | 803.00M | 905.00M |
| Capital Expenditures | -542.00M | -413.00M | -403.00M | -793.00M | -839.00M | -816.00M |
| Sale of Property, Plant & Equipment | 42.00M | 36.00M | 28.00M | 17.00M | 15.00M | 44.00M |
| Cash Acquisitions | -126.00M | -31.00M | ||||
| Divestitures | 182.00M | 2.25B | ||||
| Investment in Securities | 338.00M | 68.00M | 7.00M | |||
| Other Investing Activities | 57.00M | 25.00M | 30.00M | 24.00M | 24.00M | |
| Investing Cash Flow | -500.00M | -320.00M | -12.00M | -804.00M | -642.00M | 1.51B |
| Short-Term Debt Issued | 376.00M | 222.00M | 129.00M | 45.00M | ||
| Long-Term Debt Issued | 1.29B | 675.00M | 1.10B | 3.22B | 156.00M | |
| Total Debt Issued | 1.20B | 1.66B | 897.00M | 1.23B | 3.27B | 156.00M |
| Short-Term Debt Repaid | -361.00M | -165.00M | -131.00M | -45.00M | ||
| Long-Term Debt Repaid | -1.89B | -1.79B | -708.00M | -2.28B | -1.83B | |
| Total Debt Repaid | -1.63B | -2.25B | -1.95B | -839.00M | -2.32B | -1.83B |
| Net Debt Issued (Repaid) | -431.00M | -593.00M | -1.06B | 386.00M | 943.00M | -1.68B |
| Repurchase of Common Stock | -789.00M | -505.00M | -217.00M | -12.00M | -722.00M | -950.00M |
| Common Dividends Paid | -145.00M | -120.00M | -119.00M | -115.00M | -106.00M | -105.00M |
| Other Financing Activities | -204.00M | -143.00M | -134.00M | -143.00M | -140.00M | -211.00M |
| Financing Cash Flow | -1.57B | -1.36B | -1.53B | 116.00M | -25.00M | -2.94B |
| Foreign Exchange Rate Adjustments | 1.00M | 14.00M | -38.00M | -4.00M | -90.00M | -113.00M |
| Net Cash Flow | -516.00M | -137.00M | -384.00M | 761.00M | 46.00M | -645.00M |
| Free Cash Flow | 1.01B | 1.12B | 789.00M | 660.00M | -36.00M | 89.00M |
| Free Cash Flow Margin | 7.34% | 9.03% | 6.69% | 5.50% | -0.28% | 0.78% |
| Free Cash Flow Per Share | 9.07 | 9.65 | 6.61 | 5.51 | -0.30 | 0.68 |
| Levered Free Cash Flow | 724.88M | 909.50M | 831.75M | 551.38M | -46.75M | -1.02B |
| Unlevered Free Cash Flow | 971.12M | 1.16B | 1.11B | 823.88M | 130.75M | -862.00M |
| Cash Interest Paid | 372.00M | 372.00M | 367.00M | 390.00M | 270.00M | 294.00M |
| Cash Income Tax Paid | 286.00M | 286.00M | 398.00M | 262.00M | 223.00M | 253.00M |
| Change in Working Capital | 12.00M | -22.00M | 78.00M | 240.00M | -561.00M | -368.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 12.66B | 11.74B | 9.77B | 11.02B | 9.76B | 13.94B |
| Enterprise Value | 18.08B | 17.65B | 16.27B | 17.99B | 16.96B | 20.30B |
| Last Close Price | 119.24 | 101.98 | 81.02 | 89.16 | 78.70 | 104.91 |
| PE Ratio | 16.58 | 15.91 | 23.05 | 24.50 | 13.42 | |
| Forward PE | 13.55 | 12.77 | 12.21 | 13.82 | 12.94 | 14.68 |
| PS Ratio | 0.93 | 0.95 | 0.83 | 0.92 | 0.75 | 1.22 |
| PB Ratio | 4.34 | 3.37 | 3.03 | 3.85 | 4.27 | 5.98 |
| P/FCF Ratio | 12.61 | 10.51 | 12.39 | 16.70 | 156.66 | |
| P/OCF Ratio | 8.21 | 7.67 | 8.20 | 7.59 | 12.15 | 15.41 |
| PEG Ratio | 1.43 | 1.21 | 1.06 | 1.32 | 1.71 | 1.19 |
| EV/Sales Ratio | 1.32 | 1.43 | 1.38 | 1.50 | 1.31 | 1.78 |
| EV/EBITDA Ratio | 8.61 | 8.48 | 8.57 | 9.92 | 9.71 | 72.75 |
| EV/EBIT Ratio | 11.04 | 10.86 | 11.22 | 13.68 | 13.18 | |
| EV/FCF Ratio | 17.98 | 15.80 | 20.63 | 27.26 | 228.05 | |
| Debt / Equity Ratio | 1.75 | 1.77 | 1.99 | 2.69 | 3.15 | 2.77 |
| Debt / EBITDA Ratio | 2.79 | 2.89 | 3.28 | 4.12 | 3.99 | 19.59 |
| Debt / FCF Ratio | 6.00 | 5.53 | 8.14 | 11.67 | 72.63 | |
| Net Debt / Equity Ratio | 1.57 | 1.55 | 1.71 | 2.23 | 2.91 | 2.55 |
| Net Debt / EBITDA Ratio | 2.57 | 2.60 | 2.90 | 3.52 | 3.82 | 21.27 |
| Net Debt / FCF Ratio | 5.37 | 4.84 | 6.98 | 9.68 | -185.06 | 66.66 |
| Asset Turnover | 0.94 | 0.88 | 0.82 | 0.82 | 0.92 | 0.75 |
| Inventory Turnover | 6.26 | 6.39 | 6.07 | 5.26 | 5.68 | 6.02 |
| Quick Ratio | 0.64 | 0.60 | 0.74 | 0.72 | 0.61 | 0.59 |
| Current Ratio | 1.14 | 1.03 | 1.22 | 1.15 | 1.19 | 1.09 |
| Return on Equity (ROE) | 27.13% | 26.33% | 18.39% | 22.79% | 37.04% | -14.55% |
| Return on Assets (ROA) | 7.05% | 7.23% | 6.28% | 5.60% | 5.71% | -0.69% |
| Return on Invested Capital (ROIC) | 13.74% | 14.00% | 12.15% | 10.48% | 11.64% | -1.86% |
| Return on Capital Employed (ROCE) | 16.00% | 16.30% | 14.00% | 12.10% | 12.40% | -1.70% |
| Earnings Yield | 6.03% | 6.29% | 4.34% | 4.08% | 7.45% | -4.02% |
| FCF Yield | 7.93% | 9.51% | 8.07% | 5.99% | -0.37% | 0.64% |
| Dividend Yield | 1.18% | 0.99% | 1.20% | 1.04% | 1.07% | 0.72% |
| Payout Ratio | 19.59% | 16.26% | 28.07% | 25.55% | 14.58% | |
| Buyback Yield / Dilution | 4.70% | 3.09% | 0.20% | 1.41% | 6.90% | 3.11% |
| Total Shareholder Return | 5.87% | 4.08% | 1.40% | 2.45% | 7.98% | 3.82% |