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Crown Holdings Inc   (CCK)
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Price: $77.4900 $1.65 2.176%
Day's High: $77.69 Week Perf: 2.98 %
Day's Low: $ 76.10 30 Day Perf: -14.88 %
Volume (M): 1,205 52 Wk High: $ 96.35
Volume (M$): $ 93,344 52 Wk Avg: $85.05
Open: $76.37 52 Wk Low: $69.61



 Market Capitalization (Millions $) 9,264
 Shares Outstanding (Millions) 120
 Employees 24,000
 Revenues (TTM) (Millions $) 12,164
 Net Income (TTM) (Millions $) 631
 Cash Flow (TTM) (Millions $) 450
 Capital Exp. (TTM) (Millions $) 846

Crown Holdings Inc

The Company is a worldwide leader in the design, manufacture and sale of packaging products for consumer goods. The Company’s primary products include steel and aluminum cans for food, beverage, household and other consumer products, glass bottles for beverage products and metal vacuum closures and caps. These products are manufactured in the Company’s plants both within and outside the U.S. and are sold through the Company’s sales organization to the soft drink, food, citrus, brewing, household products, personal care and various other industries.

The Company’s business is organized geographically within three divisions, Americas, Europe and Asia Pacific. Within each Division, the Company is generally organized along product lines. The Company’s reportable segments within the Americas Division are Americas Beverage and North America Food. The Company’s reportable segments within the European Division are European Beverage and European Food. The Companys Asia Pacific Division is a reportable segment which primarily consists of beverage can operations and also includes the Companys non-beverage can operations, primarily food cans and specialty packaging. The Companys non-reportable segments include its European aerosol and specialty packaging business, its North American aerosol can business and its tooling and equipment operations in the U.S. and U.K.

Beverage Cans and Glass Bottles

The Company supplies beverage cans, ends and other packaging products to a variety of beverage and beer companies, including Anheuser-Busch InBev, Coca-Cola, Cott Beverages, Dr Pepper Snapple Group, Heineken, Molson Coors and Pepsi-Cola among others. The Company’s beverage can business is built around local, regional and global markets, which has served to develop the Company’s understanding of global consumer expectations. The Companys glass bottle business is based in Mexico and serves customers in the local market.

The beverage market is dynamic and highly competitive, with each packaging manufacturer working together with its customers to satisfy consumers’ ever-changing needs. The Company competes by offering its customers broad market knowledge, resources at all levels of its worldwide organization and extensive research and development capabilities that have enabled the Company to provide its customers with innovative products. The Company meets its customers’ beverage packaging needs with an array of two-piece beverage cans and ends and metal bottle caps. Innovations include the SuperEnd® and 360 End™ beverage can ends, shaped beverage cans which include size differentiation, such as slim cans for low calorie products or larger sizes for high volume consumption. The Company expects to continue to add capacity in many of the growth markets around the world.

Beverage can and glass bottle manufacturing is capital intensive, requiring significant investment in tools and machinery. The Company seeks to effectively manage its invested capital and is continuing its efforts to reduce the metal content of its cans and reduce non-metal costs, including water and energy usage, while improving production processes.

Food Cans and Closures

The Company manufactures a variety of food cans and ends, including two-piece and three-piece cans in diverse shapes and sizes, and sells food cans to food marketers such as Abbot Laboratories, Bonduelle, Cecab, Morgan Foods, Nestlé, Princes Group and Simmons Foods, among others. The Company offers a wide variety of metal vacuum closures and sealing equipment solutions to leading marketers such as Abbot Laboratories, Danone, H. J. Heinz, Kraft, Nestlé, and Unilever, among others, from a network of metal vacuum closure plants around the world. The Company supplies total packaging solutions, including metal and composite closures, capping systems and services while working closely with customers, retailers and glass and plastic container manufacturers to develop innovative closure solutions and meet customer requirements.

Technologies used to produce food cans include three-piece welded, two-piece drawn and wall-ironed and two-piece drawn and redrawn. The Company also offers its LIFTOFF™ series of food ends, including its Easylift™ full aperture steel food can ends, and PeelSeam™ and PeelFit™, flexible aluminum foil laminated ends. The Company offers expertise in closure design and decoration, ranging from quality printing of the closure in up to nine colors, to inside-the-cap printing, which offers customers new promotional possibilities, to better product protection through Ideal Closures™, Orbit™ and Superplus™. The Company’s commitment to innovation has led to developments in packaging materials, surface finishes, can shaping, lithography, filling, retorting, sealing and opening techniques and environmental performance. The Company manufactures easy open, vacuum and conventional ends for a variety of heat-processed and dry food products including fruits and vegetables, meat and seafood, soups, ready-made meals, infant formula, coffee and pet food.


Aerosol Cans

The Company’s customers for aerosol cans and ends include manufacturers of personal care, food, household and industrial products, including Friesland Campina, Procter & Gamble, SC Johnson and Unilever, among others. The aerosol can business is highly competitive. The Company competes by offering its customers a broad range of products including multiple sizes, multiple color schemes and shaped packaging.

Specialty Packaging

The Company’s specialty packaging business is primarily located in Europe and Asia. The Company produces a wide range of of specialty containers with numerous lid and closure variations. The Company’s specialty packaging customers include Britvic and Nestlé among others.

 



   Company Address: 14025 Riveredge Drive, Suite 300 Tampa 33637 FL
   Company Phone Number: 698-5100   Stock Exchange / Ticker: NYSE CCK
   


Customers Net Income grew by CCK's Customers Net Profit Margin grew to

10.05 %

9.84 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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Crown Holdings Inc

Crown Holdings Inc Surpasses Expectations with Impressive EPS Growth Despite Challenging Q3 Revenue Results

Crown Holdings Inc, a leading Containers & Packaging company, faced weak revenue in the financial period ending September 30, 2023. However, despite this, the company managed to achieve significant earnings per share (EPS) growth of 25.47%, reaching $1.33 per share. It's important to note that revenue declined by -5.83% to $3.07 billion year-on-year.
Comparing it to the previous reporting period, income showed a slight improvement of 1.53% from $1.31 per share. Additionally, revenue decreased by -1.287% from $3.11 billion. The net income of Crown Holdings Inc for the same financial period in 2023 increased by 26.58% to $200.000 million compared to the net earnings of $158.000 million reported a year earlier.

Crown Holdings Inc

Crown Holdings Inc Reports Significant Revenue and Earnings Decline for Q2 2023

Crown Holdings Inc (CCK) reported its second-quarter financial results for 2023, revealing soft numbers across the board. The company's income per share took a significant hit, plummeting by 46.09% compared to the previous year. Additionally, revenue dropped by 11.425% year on year. Despite these setbacks, there are several positive indicators that suggest the stock may be a bullish opportunity.
In terms of revenue, Crown Holdings Inc recorded $3.11 billion in the second quarter of 2023, which is slightly lower than the $3.51 billion reported in the same period a year ago. However, it is important to note that the company's revenue has been steadily increasing, with a 4.539% growth compared to the second quarter of the previous year. This upward trend indicates that Crown Holdings Inc is on the right track to regain its financial stability.

Crown Holdings Inc

revenue receded in single digits, at Crown Holdings Inc amid the January to March 31 2023 three months

Crown Holdings Inc, a leader in metal packaging and technology, has reported a significant drop in net profit per share for the financial first quarter of 2023. The net profit per share plummeted by -51.15% from $1.74 per share to $0.85 per share, when compared to the same period in the previous year. However, Crown Holdings Inc also reported a sequential increase of 14.34% in net profit per share, from $0.74 per share in the previous financial reporting period.
The company's revenue was also negatively impacted, sinking by -5.946% to $2.97 billion from $3.16 billion in the corresponding financial period a year prior. This revenue decrease was further compounded by the -1.262% sequential decrease from $3.01 billion. Despite these losses, it is important to note that Crown Holdings Inc's revenues are still significantly high.






 

Crown Holdings Inc's Segments
 
 
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