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Crown Holdings Financials

CCK
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Crown Holdings (CCK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 48 / 100
Financial Profile 48/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
50

Crown Holdings has an operating margin of 12.6%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is up from 12.0% the prior year.

Growth
41

Crown Holdings's revenue grew a modest 4.8% year-over-year to $12.4B. This slow but positive growth earns a score of 41/100.

Leverage
65

Crown Holdings carries a low D/E ratio of 1.80, meaning only $1.80 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
16

Crown Holdings's current ratio of 1.03 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 16/100, which could limit financial flexibility.

Cash Flow
48

Crown Holdings has a free cash flow margin of 9.0%, earning a moderate score of 48/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
66

Crown Holdings earns a strong 24.6% return on equity (ROE), meaning it generates $25 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is up from 15.4% the prior year.

Altman Z-Score Grey Zone
2.22

Crown Holdings scores 2.22, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Strong
8/9

Crown Holdings passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
2.07x

For every $1 of reported earnings, Crown Holdings generates $2.07 in operating cash flow ($1.5B OCF vs $738.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
3.9x

Crown Holdings earns $3.9 in operating income for every $1 of interest expense ($1.6B vs $398.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$12.4B
YoY+4.8%
5Y CAGR+5.7%
10Y CAGR+3.5%

Crown Holdings generated $12.4B in revenue in fiscal year 2025. This represents an increase of 4.8% from the prior year.

EBITDA
$2.0B
YoY+7.6%

Crown Holdings's EBITDA was $2.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.6% from the prior year.

Net Income
$738.0M
YoY+74.1%
5Y CAGR+5.0%
10Y CAGR+6.5%

Crown Holdings reported $738.0M in net income in fiscal year 2025. This represents an increase of 74.1% from the prior year.

EPS (Diluted)
$6.38
YoY+79.7%
5Y CAGR+8.2%
10Y CAGR+8.5%

Crown Holdings earned $6.38 per diluted share (EPS) in fiscal year 2025. This represents an increase of 79.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$1.1B
YoY+41.6%
5Y CAGR+8.0%

Crown Holdings generated $1.1B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 41.6% from the prior year.

Cash & Debt
$764.0M
YoY-16.8%
5Y CAGR-8.2%
10Y CAGR+0.6%

Crown Holdings held $764.0M in cash against $5.4B in long-term debt as of fiscal year 2025.

Dividends Per Share
$1.04
YoY+4.0%

Crown Holdings paid $1.04 per share in dividends in fiscal year 2025. This represents an increase of 4.0% from the prior year.

Shares Outstanding
113M
YoY-4.3%
5Y CAGR-3.4%
10Y CAGR-2.0%

Crown Holdings had 113M shares outstanding in fiscal year 2025. This represents a decrease of 4.3% from the prior year.

Margins & Returns

Gross Margin
22.0%
YoY+0.5pp
5Y CAGR+0.4pp

Crown Holdings's gross margin was 22.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.

Operating Margin
12.6%
YoY+0.5pp
5Y CAGR+1.4pp
10Y CAGR+2.1pp

Crown Holdings's operating margin was 12.6% in fiscal year 2025, reflecting core business profitability. This is up 0.5 percentage points from the prior year.

Net Margin
6.0%
YoY+2.4pp
5Y CAGR-0.2pp
10Y CAGR+1.5pp

Crown Holdings's net profit margin was 6.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.4 percentage points from the prior year.

Return on Equity
24.6%
YoY+9.2pp
5Y CAGR-1.7pp
10Y CAGR-393.5pp

Crown Holdings's ROE was 24.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.2 percentage points from the prior year.

Capital Allocation

R&D Spending
$33.0M
YoY+3.1%
5Y CAGR-7.2%
10Y CAGR-1.7%

Crown Holdings invested $33.0M in research and development in fiscal year 2025. This represents an increase of 3.1% from the prior year.

Share Buybacks
$505.0M
YoY+132.7%
5Y CAGR+50.2%
10Y CAGR+49.6%

Crown Holdings spent $505.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 132.7% from the prior year.

Capital Expenditures
$413.0M
YoY+2.5%
5Y CAGR-5.7%
10Y CAGR+1.6%

Crown Holdings invested $413.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2.5% from the prior year.

CCK Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $3.1B-2.3% $3.2B+1.7% $3.1B+9.1% $2.9B-0.6% $2.9B-5.6% $3.1B+1.1% $3.0B+9.2% $2.8B
Cost of Revenue $2.5B-0.5% $2.5B+1.7% $2.4B+7.7% $2.3B+0.4% $2.3B-5.5% $2.4B+0.2% $2.4B+5.9% $2.2B
Gross Profit $662.0M-8.6% $724.0M+1.5% $713.0M+14.1% $625.0M-3.8% $650.0M-5.9% $691.0M+4.5% $661.0M+23.1% $537.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $164.0M+5.8% $155.0M-3.7% $161.0M+5.9% $152.0M+3.4% $147.0M+0.7% $146.0M-2.7% $150.0M-2.6% $154.0M
Operating Income $374.0M-11.6% $423.0M+8.2% $391.0M+7.1% $365.0M+4.0% $351.0M-20.9% $444.0M+17.2% $379.0M+54.7% $245.0M
Interest Expense $95.0M-5.9% $101.0M-1.9% $103.0M+4.0% $99.0M-8.3% $108.0M-9.2% $119.0M+6.3% $112.0M-0.9% $113.0M
Income Tax $141.0M+67.9% $84.0M+7.7% $78.0M+454.5% -$22.0M-117.2% $128.0M+428.2% -$39.0M-172.2% $54.0M+35.0% $40.0M
Net Income $150.0M-29.9% $214.0M+18.2% $181.0M-6.2% $193.0M-46.1% $358.0M+304.6% -$175.0M-200.6% $174.0M+159.7% $67.0M
EPS (Diluted) N/A $1.85+18.6% $1.56-5.5% $1.65 N/A $-1.47-201.4% $1.45+158.9% $0.56

CCK Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $14.3B-1.9% $14.6B+0.5% $14.5B+4.6% $13.8B-0.1% $13.8B-8.3% $15.1B+1.6% $14.9B+1.1% $14.7B
Current Assets $4.4B-8.2% $4.8B+2.8% $4.7B+10.2% $4.2B+0.2% $4.2B-17.6% $5.1B+3.6% $4.9B+7.7% $4.6B
Cash & Equivalents $764.0M-34.8% $1.2B+25.2% $936.0M+20.2% $779.0M-15.1% $918.0M-47.2% $1.7B+22.9% $1.4B+25.9% $1.1B
Inventory $1.6B-4.5% $1.7B+1.4% $1.6B+6.7% $1.5B+6.0% $1.4B-8.0% $1.6B+2.6% $1.5B-5.2% $1.6B
Accounts Receivable $1.0B N/A N/A N/A $1.0B N/A N/A N/A
Goodwill $3.2B+0.5% $3.1B0.0% $3.1B+4.7% $3.0B+1.5% $3.0B-3.5% $3.1B+1.0% $3.0B-1.9% $3.1B
Total Liabilities $11.3B-2.3% $11.5B-0.4% $11.6B+3.9% $11.1B+0.5% $11.1B-11.7% $12.6B+1.7% $12.4B+1.1% $12.2B
Current Liabilities $4.3B+3.1% $4.1B-5.4% $4.4B-9.6% $4.8B+39.6% $3.5B-18.2% $4.2B-9.6% $4.7B+21.3% $3.9B
Long-Term Debt $5.4B-6.5% $5.8B+2.8% $5.6B+18.4% $4.7B-21.7% $6.1B-9.2% $6.7B+12.2% $5.9B-10.2% $6.6B
Total Equity $3.0B-0.6% $3.0B+4.3% $2.9B+7.3% $2.7B-2.2% $2.8B+8.8% $2.5B+1.0% $2.5B+1.5% $2.5B
Retained Earnings $3.8B N/A N/A N/A $3.6B N/A N/A N/A

CCK Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $487.0M-16.0% $580.0M+29.2% $449.0M+3107.1% $14.0M-95.3% $295.0M-46.8% $554.0M+24.5% $445.0M+536.3% -$102.0M
Capital Expenditures $232.0M+152.2% $92.0M+64.3% $56.0M+69.7% $33.0M-77.9% $149.0M+96.1% $76.0M-9.5% $84.0M-10.6% $94.0M
Free Cash Flow $255.0M-47.7% $488.0M+24.2% $393.0M+2168.4% -$19.0M-113.0% $146.0M-69.5% $478.0M+32.4% $361.0M+284.2% -$196.0M
Investing Cash Flow -$199.0M-158.4% -$77.0M-71.1% -$45.0M-4600.0% $1.0M-99.5% $196.0M+401.5% -$65.0M-4.8% -$62.0M+23.5% -$81.0M
Financing Cash Flow -$681.0M-169.2% -$253.0M+7.7% -$274.0M-79.1% -$153.0M+87.9% -$1.3B-566.3% -$190.0M-140.5% -$79.0M-977.8% $9.0M
Dividends Paid $30.0M0.0% $30.0M0.0% $30.0M0.0% $30.0M+3.4% $29.0M-3.3% $30.0M0.0% $30.0M0.0% $30.0M
Share Buybacks $191.0M+81.9% $105.0M+1650.0% $6.0M-97.0% $203.0M+103.0% $100.0M-9.1% $110.0M+5400.0% $2.0M-60.0% $5.0M

CCK Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 21.2%-1.4pp 22.6%-0.0pp 22.6%+1.0pp 21.6%-0.7pp 22.4%-0.1pp 22.5%+0.7pp 21.7%+2.5pp 19.3%
Operating Margin 12.0%-1.2pp 13.2%+0.8pp 12.4%-0.2pp 12.6%+0.6pp 12.1%-2.4pp 14.4%+2.0pp 12.5%+3.7pp 8.8%
Net Margin 4.8%-1.9pp 6.7%+0.9pp 5.8%-0.9pp 6.7%-5.6pp 12.3%+18.0pp -5.7%-11.4pp 5.7%+3.3pp 2.4%
Return on Equity 5.0%-2.1pp 7.1%+0.8pp 6.3%-0.9pp 7.2%-5.8pp 13.0%+19.9pp -6.9%-13.9pp 6.9%+4.2pp 2.7%
Return on Assets 1.1%-0.4pp 1.5%+0.2pp 1.3%-0.1pp 1.4%-1.2pp 2.6%+3.8pp -1.2%-2.3pp 1.2%+0.7pp 0.5%
Current Ratio 1.03-0.1 1.16+0.1 1.06+0.2 0.87-0.3 1.220.0 1.21+0.2 1.05-0.1 1.19
Debt-to-Equity 1.80-0.1 1.91-0.0 1.94+0.2 1.76-0.4 2.20-0.4 2.64+0.3 2.37-0.3 2.68
FCF Margin 8.2%-7.1pp 15.2%+2.8pp 12.5%+13.1pp -0.7%-5.7pp 5.0%-10.5pp 15.6%+3.7pp 11.9%+18.9pp -7.0%

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Frequently Asked Questions

Crown Holdings (CCK) reported $12.4B in total revenue for fiscal year 2025. This represents a 4.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Crown Holdings (CCK) revenue grew by 4.8% year-over-year, from $11.8B to $12.4B in fiscal year 2025.

Yes, Crown Holdings (CCK) reported a net income of $738.0M in fiscal year 2025, with a net profit margin of 6.0%.

Crown Holdings (CCK) reported diluted earnings per share of $6.38 for fiscal year 2025. This represents a 79.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Crown Holdings (CCK) had EBITDA of $2.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Crown Holdings (CCK) had $764.0M in cash and equivalents against $5.4B in long-term debt.

Crown Holdings (CCK) had a gross margin of 22.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Crown Holdings (CCK) had an operating margin of 12.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Crown Holdings (CCK) had a net profit margin of 6.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Crown Holdings (CCK) paid $1.04 per share in dividends during fiscal year 2025.

Crown Holdings (CCK) has a return on equity of 24.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Crown Holdings (CCK) generated $1.1B in free cash flow during fiscal year 2025. This represents a 41.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Crown Holdings (CCK) generated $1.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Crown Holdings (CCK) had $14.3B in total assets as of fiscal year 2025, including both current and long-term assets.

Crown Holdings (CCK) invested $413.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Crown Holdings (CCK) invested $33.0M in research and development during fiscal year 2025.

Yes, Crown Holdings (CCK) spent $505.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Crown Holdings (CCK) had 113M shares outstanding as of fiscal year 2025.

Crown Holdings (CCK) had a current ratio of 1.03 as of fiscal year 2025, which is considered adequate.

Crown Holdings (CCK) had a debt-to-equity ratio of 1.80 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Crown Holdings (CCK) had a return on assets of 5.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Crown Holdings (CCK) has an Altman Z-Score of 2.22, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Crown Holdings (CCK) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Crown Holdings (CCK) has an earnings quality ratio of 2.07x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Crown Holdings (CCK) has an interest coverage ratio of 3.9x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Crown Holdings (CCK) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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