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Mar 31

Crown Q1 2025 Earnings Report

Crown Holdings reported strong results with notable growth in beverage can shipments and improved operational efficiencies.

Key Takeaways

Crown Holdings delivered robust Q1 2025 results, with significant gains in net income, EPS, and segment income, driven by higher beverage can volumes and manufacturing efficiencies.

Net income rose to $193 million from $67 million a year ago.

Adjusted diluted EPS increased to $1.67, up 64% year-over-year.

Revenue grew to $2.887 billion, supported by beverage can volume growth.

Strong operational performance and cost efficiencies boosted profitability.

Total Revenue
$2.89B
Previous year: $2.78B
+3.7%
EPS
$1.67
Previous year: $1.02
+63.7%
Global beverage growth
24%
Gross Profit
$515M
Previous year: $422M
+22.0%
Cash and Equivalents
$779M
Previous year: $1.12B
-30.6%
Free Cash Flow
-$6M
Previous year: -$196M
-96.9%
Total Assets
$13.8B
Previous year: $14.7B
-5.8%

Crown

Crown

Crown Revenue by Segment

Forward Guidance

Crown Holdings raised its full-year 2025 adjusted EPS guidance, expecting continued strong performance, despite macroeconomic uncertainties such as tariffs.

Positive Outlook

  • Second quarter adjusted EPS expected between $1.80 and $1.90.
  • Full-year adjusted EPS guidance raised to $6.70–$7.10.
  • Adjusted free cash flow for the year expected around $800 million.
  • Trailing twelve-month adjusted EBITDA surpassed $2 billion.
  • Sustained demand growth for beverage cans globally.

Challenges Ahead

  • Potential risks from global trade tensions and tariffs.
  • Foreign currency impacts could pressure results.
  • Ongoing inflationary pressures on raw materials.
  • Possible consumer demand variability linked to macroeconomic factors.
  • Transit Packaging segment performance expected to remain modest.

Revenue & Expenses

Visualization of income flow from segment revenue to net income