CROWN HOLDINGS, INC.
Business
Crown Holdings, Inc. is a leading global diversified packaging manufacturer that produces metal beverage cans and ends (aluminum and steel), food cans, aerosol containers, and transit packaging solutions including automation equipment, protective packaging, and consumables. The company operates through four reportable segments: Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging, with manufacturing facilities across 39 countries serving beverage, food, aerosol, metals, construction, agricultural, and general industries. Products are marketed and sold globally through the company's own sales staff, with facilities positioned near major customers in North America, Europe, Latin America, Asia Pacific, and the Middle East.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 12,365 | 11,801 | 12,010 | 12,943 | 11,394 | |
| Cost of products sold, excluding depreciation and amortization | 9,641 | 9,262 | 9,546 | 10,643 | 9,029 | |
| Depreciation and amortization | 456 | 448 | 499 | 460 | 447 | |
| Selling and administrative expense | 632 | 597 | 582 | 556 | 583 | |
| Restructuring and other, net | 83 | 75 | 114 | −52 | −28 | |
| Income from operations | 1,553 | 1,419 | 1,269 | 1,336 | 1,363 | |
| Loss from early extinguishments of debt | 15 | 1 | 1 | 11 | 68 | |
| Other pension and postretirement | 13 | 546 | 49 | −16 | 1,515 | |
| Gain on sale of equity method investment | 0 | −275 | 0 | 0 | — | |
| Interest expense | 398 | 452 | 436 | 284 | — | |
| Interest income | −55 | −82 | −53 | −15 | −9 | |
| Foreign exchange | 22 | 34 | 41 | 16 | −45 | |
| Income before income taxes and equity in net earnings of affiliates | 1,160 | 743 | 795 | 1,056 | −419 | |
| Provision for income taxes | 281 | 183 | 222 | 243 | −57 | |
| Equity in net earnings of affiliates | 4 | 0 | 14 | 42 | 3 | |
| Net income from continuing operations | 883 | 560 | 587 | 855 | −411 | |
| Net income attributable to noncontrolling interests | 145 | 136 | 137 | 128 | — | |
| Net income attributable to Crown Holdings | 738 | 424 | 450 | 727 | −560 | |
| Basic (in dollars per share) | 6.41 | 3.56 | 3.77 | 6.01 | −4.3 | |
| Diluted (in dollars per share) | 6.38 | 3.55 | 3.76 | 5.99 | −4.3 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 764 | 918 | 1,310 | 550 | 531 | |
| Receivables, net | 1,768 | 1,656 | 1,719 | 1,843 | 1,889 | |
| Inventories | 1,577 | 1,440 | 1,613 | 2,014 | 1,735 | |
| Prepaid expenses and other current assets | 279 | 197 | 191 | 252 | 243 | |
| Total current assets | 4,388 | 4,211 | 4,833 | 4,659 | 4,495 | |
| Goodwill | 3,155 | 2,954 | 3,117 | 2,951 | 3,007 | |
| Intangible assets, net | 959 | 1,044 | 1,258 | 1,358 | 1,525 | |
| Property, plant, and equipment, net | 5,187 | 4,927 | 5,062 | 4,540 | 4,036 | |
| Operating lease right-of-use assets, net | 193 | 201 | 211 | 221 | 191 | |
| Other non-current assets | 390 | 511 | 553 | 572 | 604 | |
| Total assets | 14,272 | 13,848 | 15,034 | 14,301 | 13,858 | |
| Short-term debt | 83 | 66 | 16 | 76 | 75 | |
| Current maturities of long-term debt | 480 | 80 | 759 | 109 | 135 | |
| Current portion of operating lease liabilities | 48 | 47 | 45 | 44 | 42 | |
| Accounts payable | 2,643 | 2,425 | 2,459 | 2,773 | 2,901 | |
| Accrued liabilities | 1,012 | 847 | 922 | 930 | 966 | |
| Total current liabilities | 4,266 | 3,465 | 4,201 | 3,932 | 4,133 | |
| Long-term debt, excluding current maturities | 5,401 | 6,058 | 6,699 | 6,792 | 6,052 | |
| Postretirement and pension liabilities | 291 | 260 | 414 | 394 | 497 | |
| Non-current portion of operating lease liabilities | 158 | 167 | 175 | 184 | 150 | |
| Other non-current liabilities | 676 | 670 | 681 | 712 | 696 | |
| Commitments and contingent liabilities (Note Q) | — | — | — | — | — | |
| Noncontrolling interests | 481 | 472 | 454 | 438 | 418 | |
| Preferred stock, authorized: 30,000,000; none issued (Note U) | 0 | 0 | 0 | 0 | 0 | |
| Common stock, par value: $5.00; 500,000,000 shares authorized; shares issued; and 118,503,631 shares outstanding in 2025 and 2024 (Note U) | 569 | 594 | 604 | 600 | 630 | |
| Additional paid-in capital | 0 | 0 | 17 | 0 | 0 | |
| Retained earnings | 3,812 | 3,624 | 3,476 | 3,141 | 3,180 | |
| Accumulated other comprehensive loss | −1,382 | −1,462 | −1,687 | −1,892 | −1,898 | |
| Crown Holdings shareholders equity | 2,999 | 2,756 | 2,410 | 1,849 | 1,912 | |
| Total equity | 3,480 | 3,228 | 2,864 | 2,287 | 2,330 | |
| Total liabilities and equity | 14,272 | 13,848 | 15,034 | 14,301 | 13,858 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 456 | 448 | 499 | 460 | 463 | |
| Restructuring and other, net | 83 | 75 | 114 | −52 | −26 | |
| Pension and postretirement expense | 33 | 568 | 70 | 12 | — | |
| Pension contributions | 13 | −122 | −19 | 53 | — | |
| Stock-based compensation | 48 | 42 | 31 | 29 | 33 | |
| Deferred income taxes | 40 | −168 | −53 | 28 | −248 | |
| Asbestos payments | −19 | −15 | −17 | −21 | −19 | |
| Receivables | −42 | 65 | 98 | 29 | −590 | |
| Inventories | −72 | 102 | 463 | −299 | −609 | |
| Accounts payable and accrued liabilities | 140 | −90 | −413 | −149 | 873 | |
| Prepaids and other assets | −10 | 13 | 31 | −44 | −40 | |
| Other, net | −38 | −12 | 61 | −98 | −2 | |
| Net cash provided by operating activities | 1,530 | 1,192 | 1,453 | 803 | 905 | |
| Capital expenditures | −413 | −403 | −793 | −839 | −816 | |
| Proceeds from sale of property, plant, and equipment | 36 | 28 | 17 | 15 | 44 | |
| Acquisitions of businesses, net of cash | 0 | 0 | −126 | −31 | 0 | |
| Net investment hedges | 29 | 25 | 25 | 26 | 25 | |
| Distribution from equity method investment | 0 | 338 | 68 | 7 | 0 | |
| Other | 28 | 0 | 5 | −2 | −1 | |
| Net cash used for investing activities | −320 | −12 | −804 | −642 | 1,507 | |
| Net change in revolving credit facility and short-term debt | −3 | 0 | −396 | 268 | — | |
| Proceeds from short-term debt | 376 | 222 | 129 | 45 | — | |
| Payments of short-term debt | −361 | −165 | −131 | −45 | — | |
| Proceeds from long-term debt | 1,286 | 675 | 1,096 | 2,953 | 144 | |
| Payments of long-term debt | −1,891 | −1,788 | −312 | −2,278 | −1,834 | |
| Premiums paid to retire debt | −14 | 0 | 0 | −4 | −64 | |
| Debt issuance costs | −19 | −10 | −16 | −25 | 0 | |
| Dividends paid to noncontrolling interests | −140 | −119 | −126 | −100 | −122 | |
| Dividends paid to shareholders | −120 | −119 | −115 | −106 | −105 | |
| Common stock repurchased | −505 | −217 | −12 | −722 | −950 | |
| Other | 30 | −5 | −1 | −15 | 0 | |
| Net cash (used for) / provided by financing activities | −1,361 | −1,526 | 116 | −25 | −2,944 | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 14 | −38 | −4 | −90 | −113 | |
| Net change in cash, cash equivalents, and restricted cash | −137 | −384 | 761 | 46 | −645 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CROWN HOLDINGS, INC.'s CIK number?
CROWN HOLDINGS, INC.'s SEC CIK number is 0001219601 (1219601). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CROWN HOLDINGS, INC.'s SEC filings?
All of CROWN HOLDINGS, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CROWN HOLDINGS, INC. last report earnings?
CROWN HOLDINGS, INC. (CCK) most recently filed an earnings 8-K with the SEC on Apr 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-027502). This is CROWN HOLDINGS, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is CROWN HOLDINGS, INC.'s most recent earnings 8-K?
CROWN HOLDINGS, INC.'s latest earnings 8-K (Item 2.02) was filed Apr 27, 2026 under accession 0001628280-26-027502. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View CROWN HOLDINGS, INC.'s latest earnings 8-K →
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