CROWN HOLDINGS, INC. CCK
Crown Holdings, Inc. (the "Company" or the "Registrant") (where the context requires, the "Company" shall include reference to the Company and its consolidated subsidiary companies) is a Pennsylvania corporation.
The Company was founded in 1892 and is a leading global diversified packaging business that manufactures metal cans and ends (aluminum and steel) for the beverage, food, and aerosol industries and a wide range of transit packaging products and solutions from multiple substrates including steel, paper, and plastic. The Company's transit packaging products include automation and equipment technologies, protective packaging solutions, and steel and plastic consumables which are sold into the metals, food and beverage, construction, agricultural, corrugated, and general industries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.37B | $11.80B | $12.01B | $12.94B | $11.39B | $9.39B | $9.56B | $11.15B | $8.70B | $8.28B |
| R&D | $33.0M | $32.0M | $33.0M | $34.0M | $47.0M | $48.0M | $50.0M | $51.0M | $39.0M | $41.0M |
| SG&A | $632.0M | $597.0M | $582.0M | $556.0M | $583.0M | $533.0M | $556.0M | $558.0M | $367.0M | $366.0M |
| Operating income | $1.55B | $1.42B | $1.27B | $1.34B | $1.36B | $1.05B | $1.03B | $1.10B | $1.02B | $997.0M |
| Interest expense | $398.0M | $452.0M | $436.0M | $284.0M | $253.0M | $290.0M | $367.0M | $384.0M | $252.0M | $243.0M |
| Pre-tax income | $1.16B | $743.0M | $795.0M | $1.06B | -$419.0M | $725.0M | $631.0M | $740.0M | $829.0M | $769.0M |
| Income tax | $281.0M | $183.0M | $222.0M | $243.0M | $57.0M | $199.0M | $136.0M | $216.0M | $401.0M | $186.0M |
| Net income | $738.0M | $424.0M | $450.0M | $727.0M | -$560.0M | $579.0M | $510.0M | $439.0M | $323.0M | $496.0M |
| EPS, basic | 6.41 | 3.56 | 3.77 | 6.01 | -4.30 | 4.34 | 3.81 | 3.28 | 2.39 | 3.58 |
| EPS, diluted | 6.38 | 3.55 | 3.76 | 5.99 | -4.30 | 4.30 | 3.78 | 3.28 | 2.38 | 3.56 |
| Shares, diluted (wtd. avg.) | $115.7M | $119.4M | $119.7M | $121.4M | $130.4M | $134.6M | $134.9M | $133.9M | $135.6M | $139.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $764.0M | $918.0M | $1.40B | $639.0M | $593.0M | $1.24B | $663.0M | $659.0M | $435.0M | $576.0M |
| Receivables | $1.02B | $1.03B | $1.09B | $1.11B | $1.89B | $1.52B | $1.53B | $1.60B | $1.04B | $865.0M |
| Inventory | $1.58B | $1.44B | $1.61B | $2.01B | $1.74B | $1.26B | $1.63B | $1.69B | $1.39B | $1.25B |
| Total current assets | $4.39B | $4.21B | $4.83B | $4.66B | $4.50B | $4.90B | $4.00B | $4.08B | $3.07B | $2.84B |
| Property, plant and equipment | $5.19B | $4.93B | $5.06B | $4.54B | $4.04B | $3.65B | $3.89B | $3.75B | $3.24B | $2.82B |
| Goodwill | $3.15B | $2.95B | $3.12B | $2.95B | $3.01B | $3.15B | $3.09B | $4.44B | $3.05B | $2.79B |
| Other intangibles | $959.0M | $1.04B | $1.26B | $1.36B | $1.52B | $1.75B | $2.02B | $2.19B | $472.0M | $470.0M |
| Total assets | $14.27B | $13.85B | $15.03B | $14.30B | $13.86B | $16.69B | $12.72B | $15.26B | $10.66B | $9.60B |
| Accounts payable | $2.64B | $2.42B | $2.46B | $2.77B | $2.90B | $2.14B | $2.65B | $2.73B | $2.37B | $2.70B |
| Short-term debt | $480.0M | $80.0M | $759.0M | $109.0M | $135.0M | $67.0M | $62.0M | $81.0M | $64.0M | $161.0M |
| Total current liabilities | $4.27B | $3.46B | $4.20B | $3.93B | $4.13B | $4.28B | $3.90B | $3.91B | $3.25B | $2.90B |
| Long-term debt | $5.40B | $6.06B | $6.70B | $6.79B | $6.05B | $8.02B | $7.82B | $8.49B | $5.22B | $4.72B |
| Retained earnings | $3.81B | $3.62B | $3.48B | $3.14B | $3.18B | $4.54B | $3.96B | $3.45B | $3.00B | $2.62B |
| Total equity | $3.00B | $2.76B | $2.86B | $2.29B | $2.33B | $2.60B | $2.09B | $1.29B | $923.0M | $668.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.53B | $1.19B | $1.45B | $803.0M | $905.0M | $1.31B | $1.16B | $571.0M | -$251.0M | -$134.0M |
| Depreciation and amortisation | $308.0M | $297.0M | $336.0M | $301.0M | — | — | — | — | — | — |
| Stock-based compensation | $48.0M | $42.0M | $31.0M | $29.0M | $33.0M | $32.0M | $29.0M | $27.0M | $23.0M | $20.0M |
| Capital expenditure | $413.0M | $403.0M | $793.0M | $839.0M | $816.0M | $554.0M | $391.0M | $462.0M | $498.0M | $473.0M |
| Investing cash flow | -$320.0M | -$12.0M | -$804.0M | -$642.0M | $1.51B | -$535.0M | -$374.0M | -$3.84B | $496.0M | $633.0M |
| Financing cash flow | -$1.36B | -$1.53B | $116.0M | -$25.0M | -$2.94B | -$239.0M | -$786.0M | $3.53B | -$400.0M | -$638.0M |
| Dividends paid | $120.0M | $119.0M | $115.0M | $106.0M | $105.0M | $0 | $0 | — | — | — |
| Buybacks | $505.0M | $217.0M | $12.0M | $722.0M | $950.0M | $66.0M | $7.0M | $4.0M | $339.0M | $8.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-012904.
Others in SIC 3411
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BALL | BALL Corp | $16.59B | 19.0x | 11.6% |
| SLGN | SILGAN HOLDINGS INC | $4.35B | 15.3x | 10.7% |
| AMBP | Ardagh Metal Packaging S.A. | — | — | — |