Crown Holdings

OverviewSuggest Edit

Crown Holdings (formerly known as Crown Cork & Seal) is a company engaged in the design, manufacture, and sale of packaging products and equipment for consumer goods and industrial products. It offers steel and aluminum cans, glass bottles, metal vacuum closures, and steel crowns, which are used in the soft drink, food, citrus, brewing, household products, personal care, and other industries. 
TypePublic
Founded1892
HQYardley, PA, US
Websitecrowncork.com
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)26,000(-21%)
Job Openings239
Revenue (FY, 2021)$11.4 B(-1%)
Share Price (Jun 2022)$95.4(+7%)
Cybersecurity ratingBMore
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Key People/Management at Crown Holdings

Timothy J. Donahue

Timothy J. Donahue

President and Chief Executive Officer
Gerard H. Gifford

Gerard H. Gifford

Executive Vice President and Chief Operating Officer
Daniel A. Abramowicz

Daniel A. Abramowicz

Executive Vice President – Corporate Technology and Regulatory Affairs
Thomas A. Kelly

Thomas A. Kelly

Senior Vice President and Chief Financial Officer
Carlos Baila

Carlos Baila

Senior Vice President – Global Procurement
Adam J. Dickstein

Adam J. Dickstein

Senior Vice President, General Counsel and Secretary
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Crown Holdings Office Locations

Crown Holdings has offices in Yardley, Alsip, Lancaster, South Canaan and in 169 other locations
Yardley, PA, US (HQ)
770 Township Line Road
Alsip, IL, US
11535 Central Ave
Lancaster, OH, US
Mill Park Dr
South Canaan, PA, US
South Canaan Township
Estancia, BR
Estância - State of Sergipe
Ponta Grossa, BR
Ponta Grossa - State of Paraná
Show all (175)

Crown Holdings Financials and Metrics

Crown Holdings Revenue

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Crown Holdings's revenue was reported to be $11.39 b in FY, 2021 which is a 1.6% decrease from the previous period.
USD

Revenue (FY, 2021)

11.4b

Revenue growth (FY, 2020 - FY, 2021), %

(1.6%)

Gross profit (FY, 2021)

2.4b

Gross profit margin (FY, 2021), %

20.8%

Net income (FY, 2021)

(411.0m)

EBIT (FY, 2021)

1.4b

Market capitalization (24-Jun-2022)

12.2b

Closing stock price (24-Jun-2022)

95.4

Cash (31-Dec-2021)

531.0m

EV

18.1b
Crown Holdings's current market capitalization is $12.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

11.7b11.6b11.4b

Revenue growth, %

5%(1%)(2%)

Cost of goods sold

9.3b9.2b9.0b

Gross profit

2.3b2.4b2.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

2.8b3.0b3.1b2.8b2.7b3.2b3.1b2.9b2.9b

Cost of goods sold

2.2b2.4b2.5b2.2b2.2b2.5b2.4b2.2b2.3b

Gross profit

545.0m618.0m629.0m537.0m534.0m689.0m677.0m612.0m598.0m

Gross profit Margin, %

20%20%20%19%20%22%22%21%20%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

607.0m1.2b531.0m

Accounts Receivable

1.5b1.8b1.9b

Prepaid Expenses

241.0m254.0m243.0m

Inventories

1.6b1.7b1.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

301.0m342.0m339.0m765.0m366.0m613.0m588.0m566.0m2.3b

Accounts Receivable

1.7b1.8b1.8b1.6b1.6b1.8b1.9b1.8b1.8b

Prepaid Expenses

186.0m205.0m208.0m263.0m256.0m254.0m330.0m295.0m304.0m

Inventories

1.9b1.8b1.7b1.7b1.7b1.6b1.8b1.5b1.7b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

625.0m688.0m(411.0m)

Depreciation and Amortization

490.0m481.0m463.0m

Inventories

61.0m(2.0m)(609.0m)

Accounts Payable

(87.0m)121.0m873.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

131.0m305.0m509.0m114.0m255.0m500.0m245.0m418.0m549.0m

Depreciation and Amortization

122.0m245.0m366.0m122.0m239.0m360.0m127.0m239.0m352.0m

Inventories

(171.0m)(149.0m)(85.0m)

Accounts Payable

(612.0m)(433.0m)(343.0m)
USDQ1, 2019

Debt/Equity

6.1 x

Debt/Assets

0.6 x

Financial Leverage

10.2 x
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Crown Holdings Operating Metrics

FY, 2019FY, 2020FY, 2021

Countries (Facilities)

474740

Plants

239236200

Plants (Americas Division)

485131

Technologies

370335320

Crown Holdings Acquisitions / Subsidiaries

Company NameDateDeal Size
Signode Industrial Group Holdings (Bermuda)April 03, 2018$3.9 b
EMPAQUEFebruary 18, 2015$1.2 b
MIVISA Envases S.A.U.April 23, 2014$733 m
CarnaudMetalbox EngineeringFebruary 25, 1996
Constar InternationalSeptember 18, 1992
Butimove
Caretex Asia Ltd.
CarnaudMetalbox Engineering Limited
CarnaudMetalbox Group UK Ltd
CarnaudMetalbox Overseas Ltd
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Crown Holdings Revenue Breakdown

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Crown Holdings revenue breakdown by business segment: 9.5% from Asia Pacific, 9.0% from Non-reportable segments, 31.8% from Americas Beverage, 13.2% from European Beverage, 18.1% from Transit Packaging, 9.5% from Asia Pacific and 9.0% from Non-reportable segments

Crown Holdings revenue breakdown by geographic segment: 6.8% from Brazil, 6.6% from Mexico, 5.7% from Canada, 30.7% from Other , 30.7% from United States , 6.8% from Brazil, 6.6% from Mexico and 6.0% from Other

Crown Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Crown Holdings Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Crown Holdings Online and Social Media Presence

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Crown Holdings Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A+

    98/100

  • Compensation

    A+

    84/100

Learn more on Comparably

Crown Holdings News and Updates

CROWN HOLDINGS SCHEDULES SECOND QUARTER 2022 EARNINGS CONFERENCE CALL

YARDLEY, Pa., June 23, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the second quarter ended June 30, 2022 after the close of trading on the New York Stock Exchange on Wednesday, July 20, 2022. The Company will hold a conference call to discuss these...

CROWN HOLDINGS, INC. ELECTS TIMOTHY J. DONAHUE AS CHAIRMAN OF THE BOARD

YARDLEY, Pa., May 2, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors has elected Timothy J. Donahue, President and Chief Executive Officer, as its Chairman.

CROWN HOLDINGS, INC. DECLARES QUARTERLY DIVIDEND

YARDLEY, Pa., April 28, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of 22 cents per share payable May 26, 2022, to shareholders of record as of May 12, 2022.

CROWN HOLDINGS, INC. REPORTS STRONG FIRST QUARTER 2022 RESULTS

YARDLEY, Pa., April 25, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2022. Highlights

Worldwide Food Packaging Industry to 2027 - Featuring Amcor, Crown Holdings Incorporated and Tetra Pak Among Others

Dublin, March 22, 2022 (GLOBE NEWSWIRE) -- The "Food Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global food packaging market reached a value of US$ 345.3 Billion in 2021. Looking…

Worldwide Aluminium Cans Industry to 2027 - Featuring Ball, Crown Holdings and Ardagh Group Among Others

Dublin, Feb. 24, 2022 (GLOBE NEWSWIRE) -- The "Aluminium Cans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global aluminium cans market reached a value of US$ 50.01 Billion in 2021. Looking …
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Crown Holdings Blogs

Wellness in a Can

Wellness in a Can Monday, June 13, 2022 The European metal cans market is expected to reach €19,24 billion (US$19.95 billion) by 2026, with an expected CAGR of 2.33% from 2021 to 2026, according to a report by Research and Markets. This growth can be contributed to multiple fact…

World Biodiversity Day: Building a shared future for all life

World Biodiversity Day: Building a shared future for all life Monday, May 16, 2022 “Building a shared future for all life” is this year’s theme for World Biodiversity Day, serving as a reminder that we all play a role in the global community. Healthy, biodiverse ecosystems lay a…

Industry Value Chain Launches Aerosol Recycling Initiative

Industry Value Chain Launches Aerosol Recycling InitiativeInitiative Designed to Increase Access to Aerosol Recycling and On-Pack Recyclability Messaging Thursday, May 5, 2022 Washington, DC – The Can Manufacturers Institute (CMI) and the Household & Commercial Products Ass…

Earth Day 2022: Our Journey to Net-Zero

Earth Day 2022: Our Journey to Net-Zero Friday, April 22, 2022 Between 3.3 to 3.6 billion people—more than 40% of the world’s population—currently live in regions that are highly vulnerable to climate change, according to the latest IPCC (Intergovernmental Panel on Climate Chang…

Beverage Cans: The Packaging of 1000 Faces

Beverage Cans: The Packaging of 1000 Faces Tuesday, April 5, 2022 The design and decoration of beverage cans may appear, on the surface, to be a straightforward affair, but there is far more to achieving an outstanding result on shelf than simply choosing some pretty shapes and …

World Water Day: Replenishing Our Resources

World Water Day: Replenishing Our Resources Tuesday, March 22, 2022 Water is one of the most essential resources on our planet, serving multiple roles and millions of people at once. A few of water’s better-known services include providing millions with drinking water, ensuring …
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Crown Holdings Frequently Asked Questions

  • When was Crown Holdings founded?

    Crown Holdings was founded in 1892.

  • Who are Crown Holdings key executives?

    Crown Holdings's key executives are Timothy J. Donahue, Gerard H. Gifford and Daniel A. Abramowicz.

  • How many employees does Crown Holdings have?

    Crown Holdings has 26,000 employees.

  • What is Crown Holdings revenue?

    Latest Crown Holdings annual revenue is $11.4 b.

  • What is Crown Holdings revenue per employee?

    Latest Crown Holdings revenue per employee is $438.2 k.

  • Who are Crown Holdings competitors?

    Competitors of Crown Holdings include Sealed Air, Berry Global and Sonoco Products Company.

  • Where is Crown Holdings headquarters?

    Crown Holdings headquarters is located at 770 Township Line Road, Yardley.

  • Where are Crown Holdings offices?

    Crown Holdings has offices in Yardley, Alsip, Lancaster, South Canaan and in 169 other locations.

  • How many offices does Crown Holdings have?

    Crown Holdings has 175 offices.