Crown Holdings, Inc.

CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2026 RESULTS

Crown Holdings reported Q3 2026 net sales of $3.71 billion, up from $3.20 billion a year ago, with global beverage can volumes up 6%. Adjusted diluted EPS rose 7% to $2.39 (GAAP $2.08 vs. $1.85), as double-digit shipment gains in Asia and growth in North America and Europe largely offset input cost inflation. Management guided full-year adjusted EPS to $8.35-$8.45 with adjusted free cash flow of at least $950 million, and repurchased $81 million of stock in the quarter. A new beverage can plant in Uttar Pradesh, India broke ground in September, marking Crown's entry into that market with start-up expected in Q1 2028.

•6d ago

CROWN BREAKS GROUND ON THE COMPANY'S FIRST BEVERAGE CAN MANUFACTURING FACILITY IN INDIA

Crown Holdings broke ground on September 9, 2026 on its first beverage can manufacturing facility in India, located in Unnao, Uttar Pradesh. The state-of-the-art plant will feature two production lines with annual capacity of approximately 2.2 billion aluminum beverage cans, with operations scheduled to commence in the second half of 2027. Following the ceremony, Crown executives met with Uttar Pradesh Chief Minister Shri Yogi Adityanath and received the official land allotment letter for the project. The company reaffirmed its expectation of full year capital expenditures of approximately $550 million.

•1mo ago

CCK: 10-Q · periodic report

Crown Holdings reported strong second quarter 2026 results, with net sales increasing 16% to $3,668 million and net income attributable to Crown Holdings rising 35% to $245 million. Diluted EPS grew to $2.23 compared to $1.56 in the prior year quarter, driven by 5% higher global beverage can volumes and the pass-through of higher material costs. Segment performance was solid, with European and Asia Pacific beverage segments showing notable volume growth. The company generated significant operating cash flow of $659 million for the six months ended June 30, 2026, a 42% increase from the prior year period. Capital allocation remained a priority, as the company repurchased $517 million of common stock and paid $77 million in dividends during the first half of the year. Approximately $800 million remains under the share repurchase authorization through the end of 2027. Liquidity and balance sheet health remained robust, with a net leverage ratio of 2.42x, well below the company's 2.5x target. The company had $656 million in cash and cash equivalents and $1,525 million available on its revolving credit facility. Capital expenditures are expected to total approximately $550 million in 2026 to support new manufacturing facilities and line expansions.

SEC 10-Q•2mo ago

CROWN HOLDINGS, INC. DECLARES QUARTERLY DIVIDEND

Crown Holdings, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.35 per share. The dividend is payable on August 20, 2026, to shareholders of record as of the close of business on August 6, 2026. The company serves as a leading global supplier of rigid packaging products to consumer marketing companies.

•3mo ago

CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS

Crown Holdings delivered strong Q2 2026 results with net sales rising to $3.668 billion and reported diluted EPS increasing to $2.23, driven by a 5% increase in global beverage can volumes. The company raised its full-year 2026 guidance for adjusted diluted EPS to a range of $8.30 to $8.50, up from the prior range of $7.90 to $8.30, reflecting confidence in sustained demand and operational performance. Capital allocation remained a priority, with $305 million spent on share repurchases during the quarter and a net leverage ratio maintained at 2.5x adjusted EBITDA.

•3mo ago

CROWN HOLDINGS, INC. REPORTS FIRST QUARTER 2026 RESULTS

Crown Holdings reported Q1 2026 net sales of $3.26 billion, up 13% year-over-year, driven by a 5% increase in global beverage shipments and favorable foreign currency impacts. Adjusted diluted EPS rose 11% to $1.86, outpacing the prior year, as strong performance in European and Asian beverage segments offset North American headwinds. The company returned $251 million to shareholders, including a 35% dividend increase, and reaffirmed full-year 2026 guidance for adjusted EPS of $7.90 to $8.30.

•5mo ago

CROWN HOLDINGS, INC. TO ESTABLISH STATE-OF-THE-ART BEVERAGE CAN FACILITY IN NORTHERN INDIA, MARKING STRATEGIC EXPANSION INTO HIGH-GROWTH MARKET

Crown Holdings announced plans to build a two-line beverage can facility in Northern India, targeting 2.2 billion cans of annual capacity by the second half of 2027. The expansion is underpinned by long-term commitments including a partnership with United Breweries Limited (Heineken N.V.) to serve the growing aluminum can demand in the region. The company maintained its full-year 2026 capex guidance of approximately $550 million.

•6mo ago