Crown Holdings, Inc.
95.49-2.20 (-2.25%)
Oct 29, 4:00:02 PM EDT · NYSE · CCK · USD
Key Stats
Market Cap
11.11BP/E (TTM)
11.85Basic EPS (TTM)
8.06Dividend Yield
0.01%Recent Filings
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.
8-K
Crown issues €500M notes
Crown Holdings' subsidiary completed a €500 million note offering on October 6, 2025, issuing 3.750% senior unsecured notes due September 30, 2031, with semi-annual interest starting March 2026. Proceeds, alongside cash, will redeem the Issuer's 2.875% senior notes due February 2026 and cover fees. The notes carry redemption options, including a make-whole premium before June 30, 2031, and change-of-control repurchase at 101%. Covenants restrict liens and mergers, yet forward-looking statements highlight risks of differing outcomes.
10-Q
Q2 FY2025 results
Crown Holdings posted solid Q2 results, with net sales climbing 3.6% year-over-year to $3,149 million on higher beverage can volumes in the Americas and Europe, plus $120 million in material cost pass-throughs, though Asia Pacific and Transit Packaging dipped. Operating income edged up 3.2% to $391 million, fueled by manufacturing gains, while diluted EPS rose 7.6% to $1.56 amid lower interest expense from debt refinancing. Free cash flow hit $374 million year-to-date (derived), backed by $936 million in cash and $1,619 million revolver availability, yet total debt stands at $6,490 million including a $589 million euro note due 2026. Americas Beverage, over 44% of sales, drove the momentum. Asbestos litigation lingers as a persistent drag.
8-K
Crown boosts Q2 earnings
Crown Holdings reported Q2 2025 results with net sales of $3,149 million, up from $3,040 million last year, driven by higher beverage and food can shipments in North America and Europe, plus $120 million in passed-through material costs. Segment income rose 9% to $476 million, fueled by strong Americas Beverage and European Beverage performance amid favorable mix and operations. Adjusted diluted EPS climbed 19% to $2.15. The company raised full-year adjusted EPS guidance to $7.10-$7.50, targeting 2.5x net leverage. Tariffs pose a monitored risk.
8-K
Crown's executive promotions
Crown Holdings announced a leadership shakeup effective July 1, 2025, promoting Djalma Novaes, Jr. from Americas Division President to Executive Vice President and COO, overseeing Americas and European Divisions plus Global Sourcing and CMB Engineering. Gerard Gifford shifts from COO to Chief Administrative Officer until retiring in early 2026, while Gary Gavin steps up to Americas Division President. Under Novaes, Americas income more than doubled, strengthening market positions. This transition ensures continuity amid Gifford's long tenure.
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