Crown Holdings Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Crown Holdings has an operating margin of 12.0%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 60/100, indicating healthy but not exceptional operating efficiency. This is up from 10.6% the prior year.
Crown Holdings's revenue declined 1.7% year-over-year, from $12.0B to $11.8B. This contraction results in a growth score of 24/100.
Crown Holdings has a moderate D/E ratio of 2.20. This balance of debt and equity financing earns a leverage score of 30/100.
Crown Holdings's current ratio of 1.22 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 29/100, which could limit financial flexibility.
Crown Holdings has a free cash flow margin of 6.7%, earning a moderate score of 33/100. The company generates positive cash flow after capital investments, but with room for improvement.
Crown Holdings's ROE of 15.4% shows moderate profitability relative to equity, earning a score of 62/100. This is down from 18.7% the prior year.
Crown Holdings scores 2.30, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Crown Holdings passes 9 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Crown Holdings generates $2.81 in operating cash flow ($1.2B OCF vs $424.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Crown Holdings earns $3.1 in operating income for every $1 of interest expense ($1.4B vs $452.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
This page shows Crown Holdings (CCK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).
Key Financial Metrics
Crown Holdings generated $11.8B in revenue in fiscal year 2024. This represents a decrease of 1.7% from the prior year.
Crown Holdings's EBITDA was $1.9B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.5% from the prior year.
Crown Holdings generated $789.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 19.5% from the prior year.
Crown Holdings reported $424.0M in net income in fiscal year 2024. This represents a decrease of 5.8% from the prior year.
Crown Holdings earned $3.55 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 5.6% from the prior year.
Crown Holdings held $918.0M in cash against $6.1B in long-term debt as of fiscal year 2024.
Crown Holdings paid $1.00 per share in dividends in fiscal year 2024. This represents an increase of 4.2% from the prior year.
Crown Holdings had 119M shares outstanding in fiscal year 2024. This represents a decrease of 1.8% from the prior year.
Crown Holdings's gross margin was 21.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.0 percentage points from the prior year.
Crown Holdings's operating margin was 12.0% in fiscal year 2024, reflecting core business profitability. This is up 1.4 percentage points from the prior year.
Crown Holdings's net profit margin was 3.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.2 percentage points from the prior year.
Crown Holdings's ROE was 15.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.3 percentage points from the prior year.
Crown Holdings invested $32.0M in research and development in fiscal year 2024. This represents a decrease of 3.0% from the prior year.
Crown Holdings spent $217.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1708.3% from the prior year.
Crown Holdings invested $403.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 49.2% from the prior year.
CCK Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B+1.7% | $3.1B+9.1% | $2.9B-0.6% | $2.9B-4.5% | $3.0B+9.2% | $2.8B-2.6% | $2.9B-6.9% | $3.1B |
| Cost of Revenue | $2.5B+1.7% | $2.4B+7.7% | $2.3B+0.4% | $2.3B-5.3% | $2.4B+5.9% | $2.2B+0.1% | $2.2B-7.5% | $2.4B |
| Gross Profit | $724.0M+1.5% | $713.0M+14.1% | $625.0M-3.8% | $650.0M-1.7% | $661.0M+23.1% | $537.0M-12.4% | $613.0M-4.5% | $642.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $155.0M-3.7% | $161.0M+5.9% | $152.0M+3.4% | $147.0M-2.0% | $150.0M-2.6% | $154.0M+6.2% | $145.0M+12.4% | $129.0M |
| Operating Income | $423.0M+8.2% | $391.0M+7.1% | $365.0M+4.0% | $351.0M-7.4% | $379.0M+54.7% | $245.0M-5.4% | $259.0M-30.7% | $374.0M |
| Interest Expense | $101.0M-1.9% | $103.0M+4.0% | $99.0M-8.3% | $108.0M-3.6% | $112.0M-0.9% | $113.0M0.0% | $113.0M+1.8% | $111.0M |
| Income Tax | $84.0M+7.7% | $78.0M+69.6% | $46.0M-64.1% | $128.0M+137.0% | $54.0M+35.0% | $40.0M-32.2% | $59.0M-4.8% | $62.0M |
| Net Income | $214.0M+18.2% | $181.0M-6.2% | $193.0M-46.1% | $358.0M+105.7% | $174.0M+159.7% | $67.0M+109.4% | $32.0M-79.9% | $159.0M |
| EPS (Diluted) | $1.85+18.6% | $1.56-5.5% | $1.65-45.2% | $3.01+107.6% | $1.45+158.9% | $0.56+107.4% | $0.27-79.7% | $1.33 |
CCK Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.6B+0.5% | $14.5B+4.6% | $13.8B-0.1% | $13.8B-6.8% | $14.9B+1.1% | $14.7B-2.3% | $15.0B+5.0% | $14.3B |
| Current Assets | $4.8B+2.8% | $4.7B+10.2% | $4.2B+0.2% | $4.2B-14.6% | $4.9B+7.7% | $4.6B-5.2% | $4.8B+8.6% | $4.5B |
| Cash & Equivalents | $1.2B+25.2% | $936.0M+20.2% | $779.0M-15.1% | $918.0M-35.1% | $1.4B+25.9% | $1.1B-14.3% | $1.3B+62.3% | $807.0M |
| Inventory | $1.7B+1.4% | $1.6B+6.7% | $1.5B+6.0% | $1.4B-5.6% | $1.5B-5.2% | $1.6B-0.2% | $1.6B-3.1% | $1.7B |
| Accounts Receivable | N/A | N/A | N/A | $1.0B | N/A | N/A | $1.1B | N/A |
| Goodwill | $3.1B0.0% | $3.1B+4.7% | $3.0B+1.5% | $3.0B-2.5% | $3.0B-1.9% | $3.1B-0.9% | $3.1B+4.1% | $3.0B |
| Total Liabilities | $11.5B-0.4% | $11.6B+3.9% | $11.1B+0.5% | $11.1B-10.2% | $12.4B+1.1% | $12.2B-3.2% | $12.6B+5.4% | $12.0B |
| Current Liabilities | $4.1B-5.4% | $4.4B-9.6% | $4.8B+39.6% | $3.5B-26.1% | $4.7B+21.3% | $3.9B-8.0% | $4.2B+6.2% | $4.0B |
| Long-Term Debt | $5.8B+2.8% | $5.6B+18.4% | $4.7B-21.7% | $6.1B+1.8% | $5.9B-10.2% | $6.6B-1.1% | $6.7B+7.4% | $6.2B |
| Total Equity | $3.0B+4.3% | $2.9B+7.3% | $2.7B-2.2% | $2.8B+9.9% | $2.5B+1.5% | $2.5B+2.5% | $2.4B+2.9% | $2.3B |
| Retained Earnings | N/A | N/A | N/A | $3.6B | N/A | N/A | $3.5B | N/A |
CCK Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $580.0M+29.2% | $449.0M+3107.1% | $14.0M-95.3% | $295.0M-33.7% | $445.0M+536.3% | -$102.0M-116.4% | $621.0M+15.2% | $539.0M |
| Capital Expenditures | $92.0M+64.3% | $56.0M+69.7% | $33.0M-77.9% | $149.0M+77.4% | $84.0M-10.6% | $94.0M-47.5% | $179.0M+11.9% | $160.0M |
| Free Cash Flow | $488.0M+24.2% | $393.0M+2168.4% | -$19.0M-113.0% | $146.0M-59.6% | $361.0M+284.2% | -$196.0M-144.3% | $442.0M+16.6% | $379.0M |
| Investing Cash Flow | -$77.0M-71.1% | -$45.0M-4600.0% | $1.0M-99.5% | $196.0M+416.1% | -$62.0M+23.5% | -$81.0M+71.5% | -$284.0M-100.0% | -$142.0M |
| Financing Cash Flow | -$253.0M+7.7% | -$274.0M-79.1% | -$153.0M+87.9% | -$1.3B-1502.5% | -$79.0M-977.8% | $9.0M-94.0% | $151.0M+211.0% | -$136.0M |
| Dividends Paid | $30.0M0.0% | $30.0M0.0% | $30.0M+3.4% | $29.0M-3.3% | $30.0M0.0% | $30.0M+3.4% | $29.0M0.0% | $29.0M |
| Share Buybacks | $105.0M+1650.0% | $6.0M-97.0% | $203.0M+103.0% | $100.0M+4900.0% | $2.0M-60.0% | $5.0M | $0-100.0% | $1.0M |
CCK Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.6%-0.0pp | 22.6%+1.0pp | 21.6%-0.7pp | 22.4%+0.6pp | 21.7%+2.5pp | 19.3%-2.2pp | 21.4%+0.5pp | 20.9% |
| Operating Margin | 13.2%+0.8pp | 12.4%-0.2pp | 12.6%+0.6pp | 12.1%-0.4pp | 12.5%+3.7pp | 8.8%-0.3pp | 9.1%-3.1pp | 12.2% |
| Net Margin | 6.7%+0.9pp | 5.8%-0.9pp | 6.7%-5.6pp | 12.3%+6.6pp | 5.7%+3.3pp | 2.4%+1.3pp | 1.1%-4.1pp | 5.2% |
| Return on Equity | 7.1%+0.8pp | 6.3%-0.9pp | 7.2%-5.8pp | 13.0%+6.0pp | 6.9%+4.2pp | 2.7%+1.4pp | 1.3%-5.5pp | 6.8% |
| Return on Assets | 1.5%+0.2pp | 1.3%-0.1pp | 1.4%-1.2pp | 2.6%+1.4pp | 1.2%+0.7pp | 0.5%+0.3pp | 0.2%-0.9pp | 1.1% |
| Current Ratio | 1.16+0.1 | 1.06+0.2 | 0.87-0.3 | 1.22+0.2 | 1.05-0.1 | 1.19+0.0 | 1.15+0.0 | 1.13 |
| Debt-to-Equity | 1.91-0.0 | 1.94+0.2 | 1.76-0.4 | 2.20-0.2 | 2.37-0.3 | 2.68-0.1 | 2.78+0.1 | 2.67 |
| FCF Margin | 15.2%+2.8pp | 12.5%+13.1pp | -0.7%-5.7pp | 5.0%-6.9pp | 11.9%+18.9pp | -7.0%-22.5pp | 15.5%+3.1pp | 12.3% |
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Frequently Asked Questions
What is Crown Holdings's annual revenue?
Crown Holdings (CCK) reported $11.8B in total revenue for fiscal year 2024. This represents a -1.7% 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.
How fast is Crown Holdings's revenue growing?
Crown Holdings (CCK) revenue declined by 1.7% year-over-year, from $12.0B to $11.8B in fiscal year 2024.
Is Crown Holdings profitable?
Yes, Crown Holdings (CCK) reported a net income of $424.0M in fiscal year 2024, with a net profit margin of 3.6%.
What is Crown Holdings's earnings per share (EPS)?
Crown Holdings (CCK) reported diluted earnings per share of $3.55 for fiscal year 2024. This represents a -5.6% 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.
What is Crown Holdings's EBITDA?
Crown Holdings (CCK) had EBITDA of $1.9B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Crown Holdings have?
As of fiscal year 2024, Crown Holdings (CCK) had $918.0M in cash and equivalents against $6.1B in long-term debt.
What is Crown Holdings's gross margin?
Crown Holdings (CCK) had a gross margin of 21.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Crown Holdings's operating margin?
Crown Holdings (CCK) had an operating margin of 12.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Crown Holdings's net profit margin?
Crown Holdings (CCK) had a net profit margin of 3.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Crown Holdings pay dividends?
Yes, Crown Holdings (CCK) paid $1.00 per share in dividends during fiscal year 2024.
What is Crown Holdings's return on equity (ROE)?
Crown Holdings (CCK) has a return on equity of 15.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Crown Holdings's free cash flow?
Crown Holdings (CCK) generated $789.0M in free cash flow during fiscal year 2024. This represents a 19.5% 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.
What is Crown Holdings's operating cash flow?
Crown Holdings (CCK) generated $1.2B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Crown Holdings's total assets?
Crown Holdings (CCK) had $13.8B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Crown Holdings's capital expenditures?
Crown Holdings (CCK) invested $403.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Crown Holdings spend on research and development?
Crown Holdings (CCK) invested $32.0M in research and development during fiscal year 2024.
Does Crown Holdings buy back shares?
Yes, Crown Holdings (CCK) spent $217.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Crown Holdings have outstanding?
Crown Holdings (CCK) had 119M shares outstanding as of fiscal year 2024.
What is Crown Holdings's current ratio?
Crown Holdings (CCK) had a current ratio of 1.22 as of fiscal year 2024, which is considered adequate.
What is Crown Holdings's debt-to-equity ratio?
Crown Holdings (CCK) had a debt-to-equity ratio of 2.20 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Crown Holdings's return on assets (ROA)?
Crown Holdings (CCK) had a return on assets of 3.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Crown Holdings's Altman Z-Score?
Crown Holdings (CCK) has an Altman Z-Score of 2.30, 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.
What is Crown Holdings's Piotroski F-Score?
Crown Holdings (CCK) has a Piotroski F-Score of 9 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.
Are Crown Holdings's earnings high quality?
Crown Holdings (CCK) has an earnings quality ratio of 2.81x, 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.
Can Crown Holdings cover its interest payments?
Crown Holdings (CCK) has an interest coverage ratio of 3.1x, 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.
How financially healthy is Crown Holdings?
Crown Holdings (CCK) scores 39 out of 100 on our Financial Profile, indicating weak 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.