Crown Holdings (CCK) AI Stock Analysis

• Market Cap: $11.79B
• Dividend Yield: 1.01%
• Average Volume (3M): 1.20M
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.54
• Revenue Growth: 2.94%
• EPS Growth: 893.70%
• Country: US
• Employees: 23,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Packaging & Containers
• EPS (TTM): 1.74
• Shares Outstanding: 113,225,670
• 10 Day Avg. Volume: 1,012,792
• 30 Day Avg. Volume: 1,202,802
• PEG Ratio: 0.20
• Price to Book (P/B): 3.96
• Price to Sales (P/S): 0.96
• P/FCF Ratio: 10.81
• Enterprise Value/Market Cap: 1.47
• Enterprise Value/Revenue: 1.40
• Enterprise Value/Gross Profit: 7.63
• Enterprise Value/Ebitda: 8.45
• 1Y Price Target: $127.25
• Price Target Upside: 22.20% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 12
• EPS Forecast (FY): 8.13
• Revenue Forecast (FY): $12.88B

• Rating: 71 Outperform
• Price Target: $123.00 ▲(18.12% Upside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

CCK scores well on improving financial performance led by strong and rising free cash flow and a meaningful 2025 earnings rebound, while leverage remains the main limiter. Technicals are moderately supportive with an uptrend versus longer-term moving averages and positive MACD. Valuation is fair with a modest dividend yield, and the latest earnings call reinforces the outlook with constructive 2026 EPS/FCF guidance alongside manageable (but real) cost and regional-demand risks.

Positive Factors

Free cash flow strength

Sustained, materially higher free cash flow improves financial flexibility, funds growth projects and buybacks, and provides a durable buffer through cycles. Consistent FCF supports debt reduction and shareholder returns without relying on one‑time gains, strengthening long‑term capital allocation.

Improved leverage / capital structure

Achieving a ~2.5x net leverage target signals meaningful de‑risking of the balance sheet and greater financial flexibility. A demonstrated ability to hit leverage targets reduces refinancing risk, enables disciplined buybacks/dividends, and strengthens capacity to invest through industry cycles.

European beverage volume growth

Double‑digit European volume growth reflects strong market share gains and higher utilization of manufacturing footprint. Durable volume momentum in a key region enhances pricing leverage, scale economies, and customer stickiness from proximity to major beverage customers, supporting margin resilience.

Negative Factors

Elevated historical leverage

Although leverage improved, the company still carries meaningful absolute debt that limits strategic flexibility. High historical debt levels can constrain capital allocation during downturns, increase interest sensitivity, and elevate refinancing risk if cash generation or demand softens.

Commodity and tariff risk

Significant exposure to aluminum and trade policy makes margins vulnerable to inputs and tariff shifts. Even with pass‑through mechanisms, sustained commodity or tariff shocks can compress reported margins, complicate contract pricing and planning, and weaken long‑term earnings visibility.

Capex, start‑up costs & regional softness

A step‑up in growth capex and related start‑up costs will reduce near‑term FCF and raises execution risk. Combined with localized softness (e.g., Brazil/Asia), higher investment intensity can strain cash conversion and delay returns on new capacity, pressuring resilience over the next 2–6 months.

Crown Holdings Business Overview & Revenue Model

Company Description

Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food and beverage industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers other consumer products, glass bottles for beverage products, steel crowns, aluminum caps, steel strap, plastic strap, industrial film, and other related products, as well as equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply industrial solutions consumables. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania.

How the Company Makes Money

Crown Holdings generates revenue primarily through the sale of metal packaging products across multiple sectors. Its key revenue streams include the production of aluminum and steel cans for beverages, food containers, and other specialty packaging solutions. The company benefits from long-term contracts with major clients, which provide stable income and volume assurance. Additionally, Crown Holdings invests in advanced manufacturing technologies to improve production efficiency and reduce costs, enhancing its profitability. Strategic partnerships with leading brands and a focus on sustainability also contribute to its competitive advantage and market positioning, further driving revenue growth.

Crown Holdings Financial Statement Overview

Summary

Overall fundamentals are improving: 2025 profitability rebounded and cash generation is strong with rising operating and free cash flow supporting reinvestment and debt reduction. The primary constraint remains elevated leverage and historical cyclicality/volatility in earnings and cash conversion.

Income Statement

Revenue has been relatively stable with a return to growth in 2025 (up from 2024), following declines in 2023–2024. Profitability improved meaningfully in 2025, with net income rebounding sharply versus 2024 and margins holding at a solid level for the industry. A key weakness is earnings volatility over the cycle (including a net loss in 2021) and some compression in gross profitability in 2025 versus 2024, even as operating profit improved.

Balance Sheet

Leverage remains the main constraint: debt is high relative to equity historically, though the debt load has been trending down from 2023 to 2025 and equity has increased, improving the overall capital structure. Asset levels are stable, but the company still carries meaningful balance-sheet risk due to the size of total debt, which can limit flexibility if operating conditions weaken.

Cash Flow

Cash generation is a clear strength, with operating cash flow increasing in 2025 and free cash flow rising strongly across 2023–2025, supporting debt reduction and reinvestment capacity. Free cash flow is robust relative to recent net income and shows improving consistency after a weak 2022 (negative free cash flow). The main risk is historical variability—cash conversion has not been steady every year.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.37B	11.80B	12.01B	12.94B	11.39B
Gross Profit	2.27B	2.54B	2.46B	2.30B	2.37B
EBITDA	2.02B	1.90B	1.82B	1.75B	279.00M
Net Income	734.00M	424.00M	450.00M	727.00M	-560.00M
Balance Sheet
Total Assets	14.27B	13.85B	15.03B	14.30B	13.86B
Cash, Cash Equivalents and Short-Term Investments	879.00M	1.02B	1.40B	639.00M	592.00M
Total Debt	6.17B	6.42B	7.70B	7.21B	6.46B
Total Liabilities	10.79B	10.62B	12.17B	12.01B	11.53B
Stockholders Equity	3.00B	2.76B	2.41B	1.85B	1.91B
Cash Flow
Free Cash Flow	1.10B	789.00M	660.00M	-36.00M	89.00M
Operating Cash Flow	1.51B	1.19B	1.45B	803.00M	905.00M
Investing Cash Flow	-320.00M	-12.00M	-804.00M	-642.00M	1.51B
Financing Cash Flow	-1.34B	-1.53B	116.00M	-25.00M	-2.94B

Crown Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 104.13
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CCK, the sentiment is Neutral. The current price of 104.13 is below the 20-day moving average (MA) of 111.52, below the 50-day MA of 108.04, and above the 200-day MA of 101.10, indicating a neutral trend. The MACD of -0.67 indicates Positive momentum. The RSI at 36.00 is Neutral, neither overbought nor oversold. The STOCH value of 16.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CCK.

Crown Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCK	71 Outperform	$11.79B	16.16	25.41%	1.01%	2.94%	893.70%
PKG	69 Neutral	$19.10B	24.15	16.73%	2.42%	7.23%	-3.88%
BALL	66 Neutral	$16.41B	15.93	16.89%	1.53%	2.87%	―
SLGN	63 Neutral	$4.32B	14.78	13.03%	1.97%	11.10%	6.54%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
AMCR	59 Neutral	$18.63B	27.28	6.12%	6.20%	28.41%	-35.50%
GPK	58 Neutral	$2.90B	10.06	13.67%	2.91%	-3.93%	-27.37%

Crown Holdings Corporate Events

Crown Holdings Adds Veteran Executive Michael Doss to Board

On February 26, 2026, Crown Holdings, Inc. announced that veteran packaging executive Michael P. Doss was elected to its Board of Directors, effective March 3, 2026, bringing the Board’s size to ten members. Doss, the former President, Chief Executive Officer and Director of Graphic Packaging Corporation from 2016 to 2025 and current Director of Regal Rexnord Corporation, is expected to join Crown’s Audit Committee and will receive standard non-employee director compensation.

Crown Chairman and CEO Timothy J. Donahue highlighted that Doss adds substantial senior leadership experience in the packaging industry, as well as deep knowledge of manufacturing, commercial operations, international business and public company governance. The appointment signals Crown’s effort to strengthen board-level expertise in its core industry and operational disciplines, with no special arrangements or related-party transactions involved in Doss’s selection, underscoring standard governance practices for stakeholders.

The most recent analyst rating on (CCK) stock is a Hold with a $126.00 price target. To see the full list of analyst forecasts on Crown Holdings stock, see the CCK Stock Forecast page.