Crown Holdings Inc. (CCK) financial statements: income statement, balance sheet and cash flow

Crown Holdings Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Crown Holdings Inc. reported revenue of $12.4B (+4.8% year on year) and net income of $883.0M (+57.7% year on year).

Income statement

Crown Holdings Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net sales	$12.4B	$11.8B	$12.0B	$12.9B
Cost of products sold, excluding depreciation and amortization	$9.6B	$9.3B	$9.5B	$10.6B
Depreciation and amortization	$456.0M	$448.0M	$499.0M	$460.0M
Selling and administrative expense	$632.0M	$597.0M	$582.0M	$556.0M
Restructuring and other, net	$83.0M	$75.0M	$114.0M	($52.0M)
Income from operations	$1.6B	$1.4B	$1.3B	$1.3B
Loss from early extinguishments of debt	$15.0M	$1.0M	$1.0M	$11.0M
Other pension and postretirement	$13.0M	$546.0M	$49.0M	($16.0M)
Gain on sale of equity method investment	$0	($275.0M)	—	—
Interest expense	$398.0M	$452.0M	$436.0M	$284.0M
Interest income	($55.0M)	($82.0M)	($53.0M)	($15.0M)
Foreign exchange	$22.0M	$34.0M	$41.0M	$16.0M
Income before income taxes and equity in net earnings of affiliates	$1.2B	$743.0M	$795.0M	$1.1B
Provision for income taxes	$281.0M	$183.0M	$222.0M	$243.0M
Equity in net earnings of affiliates	$4.0M	$0	$14.0M	$42.0M
Net income from continuing operations	$883.0M	$560.0M	$587.0M	$855.0M
Net income attributable to noncontrolling interests	$145.0M	$136.0M	—	—
Net income attributable to Crown Holdings	$738.0M	$424.0M	$450.0M	$727.0M
Basic (in dollars per share)	$6.41	$3.56	$3.77	$6.01
Diluted (in dollars per share)	$6.38	$3.55	$3.76	$5.99

Crown Holdings Inc. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Net sales	$3.7B	$3.3B	$3.2B	$3.1B
Cost of products sold, excluding depreciation and amortization	$2.9B	$2.6B	$2.5B	$2.4B
Depreciation and amortization	$116.0M	$118.0M	$116.0M	$114.0M
Selling and administrative expense	$166.0M	$159.0M	$155.0M	$161.0M
Restructuring and other, net	$2.0M	$2.0M	$30.0M	$47.0M
Income from operations	$464.0M	$365.0M	$423.0M	$391.0M
Loss from early extinguishments of debt	$0	—	$0	$1.0M
Other pension and postretirement	$5.0M	$5.0M	$5.0M	($1.0M)
Interest expense	$105.0M	$97.0M	$101.0M	$103.0M
Interest income	($14.0M)	($12.0M)	($13.0M)	($14.0M)
Foreign exchange	$3.0M	($3.0M)	$8.0M	$9.0M
Income before taxes and equity in net earnings of affiliates	$365.0M	$275.0M	$322.0M	$293.0M
Provision for income taxes	$89.0M	$70.0M	$84.0M	$78.0M
Equity in net earnings of affiliates	$0	$1.0M	$1.0M	$1.0M
Net income	$276.0M	$206.0M	$239.0M	$216.0M
Net income attributable to noncontrolling interests	$31.0M	$31.0M	$25.0M	$35.0M
Net income attributable to Crown Holdings	$245.0M	$175.0M	$214.0M	$181.0M
Basic (in dollars per share)	$2.24	$1.56	$1.86	$1.57
Diluted (in dollars per share)	$2.23	$1.56	$1.85	$1.56

Balance sheet

Crown Holdings Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$764.0M	$918.0M	$1.3B	$550.0M
Receivables, net	$1.8B	$1.7B	$1.7B	$1.8B
Inventories	$1.6B	$1.4B	$1.6B	$2.0B
Prepaid expenses and other current assets	$279.0M	$197.0M	$191.0M	$252.0M
Total current assets	$4.4B	$4.2B	$4.8B	$4.7B
Goodwill	$3.2B	$3.0B	$3.1B	$3.0B
Intangible assets, net	$959.0M	$1.0B	$1.3B	$1.4B
Property, plant, and equipment, net	$5.2B	$4.9B	$5.1B	$4.5B
Operating lease right-of-use assets, net	$193.0M	$201.0M	$211.0M	$221.0M
Other non-current assets	$390.0M	$511.0M	$553.0M	$572.0M
Total assets	$14.3B	$13.8B	$15.0B	$14.3B
Short-term debt	$83.0M	$66.0M	$16.0M	$76.0M
Current maturities of long-term debt	$480.0M	$80.0M	$759.0M	$109.0M
Current portion of operating lease liabilities	$48.0M	$47.0M	$45.0M	$44.0M
Accounts payable	$2.6B	$2.4B	$2.5B	$2.8B
Accrued liabilities	$1.0B	$847.0M	$922.0M	$930.0M
Total current liabilities	$4.3B	$3.5B	$4.2B	$3.9B
Long-term debt, excluding current maturities	$5.4B	$6.1B	$6.7B	$6.8B
Postretirement and pension liabilities	$291.0M	$260.0M	$414.0M	$394.0M
Non-current portion of operating lease liabilities	$158.0M	$167.0M	$175.0M	$184.0M
Other non-current liabilities	$676.0M	$670.0M	$681.0M	$712.0M
Noncontrolling interests	$481.0M	$472.0M	$454.0M	$438.0M
Preferred stock, authorized: 30,000,000; none issued (Note U)	$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)	569.0M	594.0M	604.0M	600.0M
Additional paid-in capital	$0	$0	$17.0M	$0
Retained earnings	$3.8B	$3.6B	$3.5B	$3.1B
Accumulated other comprehensive loss	($1.4B)	($1.5B)	($1.7B)	($1.9B)
Crown Holdings shareholders’ equity	$3.0B	$2.8B	$2.4B	$1.8B
Total equity	$3.5B	$3.2B	$2.9B	$2.3B
Total liabilities and equity	$14.3B	$13.8B	$15.0B	$14.3B

Crown Holdings Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$656.0M	$584.0M	$1.2B	$936.0M
Receivables, net	$2.0B	$2.0B	$1.7B	$1.9B
Inventories	$1.8B	$1.7B	$1.7B	$1.6B
Prepaid expenses and other current assets	$322.0M	$291.0M	$220.0M	$223.0M
Total current assets	$4.8B	$4.5B	$4.8B	$4.7B
Goodwill	$3.1B	$3.1B	$3.1B	$3.1B
Intangible assets, net	$880.0M	$914.0M	$994.0M	$1.0B
Property, plant and equipment, net	$5.2B	$5.2B	$5.0B	$5.0B
Operating lease right-of-use assets, net	$197.0M	$195.0M	$198.0M	$199.0M
Other non-current assets	$368.0M	$376.0M	$409.0M	$417.0M
Total assets	$14.6B	$14.3B	$14.6B	$14.5B
Short-term debt	$44.0M	$53.0M	$142.0M	$201.0M
Current maturities of long-term debt	$519.0M	$507.0M	$472.0M	$671.0M
Current portion of operating lease liabilities	$48.0M	$48.0M	$48.0M	$49.0M
Accounts payable	$3.1B	$2.6B	$2.6B	$2.5B
Accrued liabilities	$868.0M	$814.0M	$909.0M	$936.0M
Total current liabilities	$4.6B	$4.1B	$4.1B	$4.4B
Long-term debt, excluding current maturities	$5.5B	$5.7B	$5.8B	$5.6B
Pension and postretirement liabilities	$291.0M	$289.0M	$274.0M	$272.0M
Non-current portion of operating lease liabilities	$162.0M	$161.0M	$164.0M	$164.0M
Other non-current liabilities	$687.0M	$689.0M	$702.0M	$679.0M
Noncontrolling interests	$499.0M	$495.0M	$483.0M	$481.0M
Crown Holdings shareholders’ equity	$2.9B	$2.9B	$3.0B	$2.9B
Total equity	$3.4B	$3.4B	$3.5B	$3.4B
Total liabilities and equity	$14.6B	$14.3B	$14.6B	$14.5B

Cash flow statement

Crown Holdings Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$883.0M	$560.0M	$587.0M	$855.0M
Depreciation and amortization	$456.0M	$448.0M	$499.0M	$460.0M
Restructuring and other, net	$83.0M	$75.0M	$114.0M	($52.0M)
Pension and postretirement expense	$33.0M	$568.0M	$70.0M	$12.0M
Pension contributions	$13.0M	($122.0M)	($19.0M)	$53.0M
Gain on sale of equity method investment	$0	($275.0M)	—	—
Stock-based compensation	$48.0M	$42.0M	$31.0M	$29.0M
Loss from early extinguishments of debt	$15.0M	—	$1.0M	$11.0M
Deferred income taxes	$40.0M	($168.0M)	($53.0M)	$28.0M
Asbestos payments	($19.0M)	($15.0M)	($17.0M)	($21.0M)
Receivables	($42.0M)	$65.0M	$98.0M	$29.0M
Inventories	($72.0M)	$102.0M	$463.0M	($299.0M)
Accounts payable and accrued liabilities	$140.0M	($90.0M)	($413.0M)	($149.0M)
Prepaids and other assets	($10.0M)	$13.0M	$31.0M	($44.0M)
Other, net	($38.0M)	($11.0M)	$61.0M	($99.0M)
Net cash provided by operating activities	$1.5B	$1.2B	$1.5B	$803.0M
Capital expenditures	($413.0M)	($403.0M)	($793.0M)	($839.0M)
Proceeds from sale of property, plant, and equipment	$36.0M	$28.0M	$17.0M	$15.0M
Acquisitions of businesses, net of cash	$0	$0	($126.0M)	($31.0M)
Net investment hedges	$29.0M	$25.0M	$25.0M	$26.0M
Distribution from equity method investment	$0	$338.0M	$68.0M	—
Other	$28.0M	$0	$5.0M	$5.0M
Net cash used for investing activities	($320.0M)	($12.0M)	($804.0M)	($642.0M)
Net change in revolving credit facility and short-term debt	($3.0M)	$0	($398.0M)	$268.0M
Proceeds from short-term debt	$376.0M	$222.0M	—	—
Payments of short-term debt	($361.0M)	($165.0M)	—	—
Proceeds from long-term debt	$1.3B	$675.0M	$1.1B	$3.0B
Payments of long-term debt	($1.9B)	($1.8B)	($312.0M)	($2.3B)
Premiums paid to retire debt	($14.0M)	—	$0	($4.0M)
Debt issuance costs	($19.0M)	($10.0M)	($16.0M)	($25.0M)
Dividends paid to noncontrolling interests	($140.0M)	($119.0M)	($126.0M)	($100.0M)
Dividends paid to shareholders	($120.0M)	($119.0M)	($115.0M)	($106.0M)
Common stock repurchased	($505.0M)	($217.0M)	($12.0M)	($722.0M)
Other	$30.0M	($5.0M)	—	$0
Net cash (used for) / provided by financing activities	($1.4B)	($1.5B)	$116.0M	($25.0M)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	$14.0M	($38.0M)	($4.0M)	($90.0M)
Net change in cash, cash equivalents, and restricted cash	($137.0M)	($384.0M)	$761.0M	$46.0M
Cash, cash equivalents, and restricted cash at January 1	$1.0B	$1.4B	$639.0M	$593.0M
Cash, cash equivalents, and restricted cash at December 31	$879.0M	$1.0B	$1.4B	$639.0M

Crown Holdings Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$482.0M	$206.0M	$682.0M	$443.0M
Depreciation and amortization	$234.0M	$118.0M	$340.0M	$224.0M
Loss from early extinguishments of debt	$3.0M	—	—	—
Restructuring and other, net	$4.0M	$2.0M	$75.0M	$45.0M
Pension and postretirement expense	$19.0M	$10.0M	$24.0M	$14.0M
Pension contributions	($10.0M)	($5.0M)	$21.0M	$22.0M
Stock-based compensation	$23.0M	$13.0M	$37.0M	$26.0M
Working capital changes and other	($96.0M)	($401.0M)	($135.0M)	($311.0M)
Net cash provided by operating activities	$659.0M	($54.0M)	$1.0B	$463.0M
Capital expenditures	($203.0M)	($87.0M)	($181.0M)	($89.0M)
Net investment hedge	$16.0M	$12.0M	$25.0M	$13.0M
Settlement of net investment hedge	($45.0M)	($45.0M)	—	—
Proceeds from sale of property, plant and equipment	$38.0M	$23.0M	$32.0M	$29.0M
Other	$0	—	$3.0M	$3.0M
Net cash used for investing activities	($194.0M)	($97.0M)	($121.0M)	($44.0M)
Net change in revolving credit facility and short-term debt	$107.0M	$251.0M	$0	$8.0M
Proceeds from short-term debt	$28.0M	$26.0M	$304.0M	$252.0M
Payments of short-term debt	($70.0M)	($58.0M)	($229.0M)	($126.0M)
Proceeds from long-term debt	$141.0M	$141.0M	$700.0M	$700.0M
Payments of long-term debt	($25.0M)	($14.0M)	($947.0M)	($917.0M)
Debt issuance costs	($13.0M)	($11.0M)	($10.0M)	($10.0M)
Dividends paid to noncontrolling interests	($41.0M)	($17.0M)	($84.0M)	($62.0M)
Dividends paid to shareholders	($77.0M)	($39.0M)	($90.0M)	($60.0M)
Common stock repurchased	($517.0M)	($212.0M)	($314.0M)	($209.0M)
Payments from financed assets	($90.0M)	($96.0M)	—	—
Other	($5.0M)	—	($10.0M)	($3.0M)
Net cash used for financing activities	($562.0M)	($29.0M)	($680.0M)	($427.0M)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	($3.0M)	($4.0M)	$20.0M	$30.0M
Net change in cash, cash equivalents and restricted cash	($100.0M)	($184.0M)	$262.0M	$22.0M
Cash, cash equivalents and restricted cash at January 1	$879.0M	$879.0M	$1.0B	$1.0B
Cash, cash equivalents and restricted cash at June 30	$779.0M	—	—	$1.0B

Crown Holdings Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.