CCK
Crown Holdings, Inc.101.53
+0.28+0.28%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
11.82BP/E (TTM)
12.60Basic EPS (TTM)
8.06Dividend Yield
0.01%Recent Filings
8-K
Crown redeems $350M debentures
8-K
Tender offer retires most 2026 debt
8-K
Crown tenders 2026 debentures
Crown Holdings' subsidiary launched a cash tender offer on November 12, 2025, for all $350M of its 7 3/8% Debentures due 2026, expiring November 18 unless extended. Pricing uses a 15 bps fixed spread over the 4.375% Treasury due December 2026. No minimum tender required. Untendered debentures stay outstanding.
10-Q
Q3 FY2025 results
Crown Holdings swung to Q3 net income of $214M from a $175M loss, driving YTD profit to $588M versus $66M, as net sales climbed 4.1% y/y to $3,202M while operating income dipped 4.7% to $423M amid $30M asset impairments in Asia Pacific. Americas Beverage (44% of sales) held steady despite 5% volume drop, offset by material pass-throughs, yet European Beverage surged on 12% higher volumes. Cash swelled to $1,172M with operating cash flow at $1,043M YTD and free cash flow of $862M (derived); total debt eased to $6,389M with $1,621M revolver availability. Share repurchases hit $314M YTD. Asbestos claims linger unresolved.
8-K
Crown lifts earnings guidance
Crown Holdings reported third-quarter 2025 results with net sales of $3,202 million, up from $3,074 million last year, fueled by 12% volume growth in European Beverage that boosted segment income 27% to $109 million, while Asia Pacific and Latin America shipments softened. Adjusted diluted EPS rose 13% to $2.24, and the company hit its 2.5x long-term adjusted net leverage target after returning over $400 million to shareholders in nine months. Europe surges ahead. Full-year guidance lifted to $7.70-$7.80 adjusted EPS with ~$1.0 billion adjusted free cash flow, though restructuring charges signal ongoing costs.
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