CROWN HOLDINGS (CCK) Company Report

Crown Holdings, Inc. (CCK) announced the pricing terms for a cash tender offer by its wholly-owned subsidiary to purchase its 7 3/8% Debentures due 2026.
The tender offer consideration is $1,036.53 payable for each $1,000 principal amount of Debentures validly tendered.
The aggregate principal amount outstanding for these Debentures prior to the tender offer was $350,000,000.
The offer is scheduled to close on November 18, 2025, at 5:00 p.m., New York City time, with settlement expected on November 21, 2025.

Nov 18, 2025, 7:51 PM

Press Release

Crown Holdings Announces Cash Tender Offer for Debt Securities

CCK

Debt Issuance

Crown Holdings, Inc. (CCK) announced a cash tender offer to purchase debt securities.
The offer is for any and all of the outstanding 7 3/8% Debentures due 2026, issued by its wholly-owned subsidiary, Crown Cork & Seal Company, Inc..
These debentures have an aggregate principal amount outstanding of $350,000,000.
The tender offer commenced on November 12, 2025, and is scheduled to expire at 5:00 p.m., New York City time, on November 18, 2025.

Nov 12, 2025, 1:48 PM

8-K

Crown Announces Cash Tender Offer for Debt Securities

CCK

Crown Holdings, Inc.'s (CCK) wholly-owned subsidiary, Crown Cork & Seal Company, Inc., has commenced a cash tender offer to purchase any and all of its outstanding 7 3/8% Debentures due 2026.
The aggregate principal amount outstanding for these Debentures is $350,000,000.
The Tender Offer will expire on November 18, 2025, at 5:00 p.m., New York City time, with the consideration calculated on the same day at 2:00 p.m., New York City time.
The expected Settlement Date for validly tendered and accepted Debentures is November 21, 2025.

Nov 12, 2025, 1:00 PM

Press Release

Crown Holdings Reports Strong Q3 2025 Results, Raises Full-Year Guidance

CCK

Earnings

Guidance Update

Share Buyback

Crown Holdings reported Q3 2025 adjusted earnings per share of $2.24, compared to $1.99 in the prior year quarter, with net sales increasing 4.2% and segment income reaching $490 million.
The company raised its full-year 2025 adjusted EPS guidance to $7.70 to $7.80 and projects Q4 2025 adjusted EPS to be in the range of $1.65 to $1.75.
Free cash flow for the nine months ended September 30 improved to $887 million, and the company estimates full-year 2025 adjusted free cash flow to be approximately $1 billion after $400 million in capital spending.
Operational highlights include a 12% increase in European beverage shipments, leading to a 27% rise in European beverage income, while Latin American volumes declined by 5% due to a 15% drop in Brazil and Mexico.
Crown Holdings repurchased $105 million of common stock in Q3 2025 and $314 million year-to-date, achieving its long-term net leverage target of 2.5 times in September.

Oct 21, 2025, 1:00 PM

Transcript

Crown Holdings Reports Strong Q3 2025 Results and Raises Full-Year Guidance

CCK

Earnings

Guidance Update

Share Buyback

Crown Holdings reported Q3 2025 earnings per share of $1.85 and adjusted earnings per share of $2.24, with net sales up 4.2% and segment income reaching $490 million.
The company's free cash flow for the nine months ended September 30 improved to $887 million, and it repurchased $105 million of common stock in the quarter, totaling $314 million year-to-date.
Crown Holdings achieved its long-term net leverage target of 2.5 times in September and raised its full-year adjusted EPS guidance to $7.70 to $7.80, projecting Q4 adjusted EPS between $1.65 and $1.75.
Operational highlights include a record quarter for European beverage with 12% volume growth and 27% higher income, while America's beverage volumes were down 5% due to declines in Brazil and Mexico. The company now estimates 2025 full-year adjusted free cash flow to be approximately $1 billion.

Oct 21, 2025, 1:00 PM

Transcript

Crown Holdings Projects Strong Q4 Earnings, Raises Full-Year Guidance

CCK

Earnings

Guidance Update

Crown Holdings reported strong Q3 results with a 13% increase in adjusted EPS to $2.24 and $3.2 billion in revenue, driven by a 12% surge in European beverage can shipments and a 27% jump in segment income.
The company projects adjusted Q4 EPS between $1.65 and $1.75 and has increased its full-year profit guidance, expecting nearly $1 billion in free cash flow for 2025.
Following the strong results and updated guidance, Crown Holdings' stock rose by 10%, with analysts setting a median price target of $116.50, implying a potential upside of nearly 20%.
Despite the positive outlook, there has been insider selling of 58,222 shares in the past three months, with no insider buying.

Oct 20, 2025, 8:27 PM

Morningstar

Crown Holdings, Inc. Reports Strong Q3 2025 Results and Raises Full-Year Guidance

CCK

Earnings

Guidance Update

Share Buyback

Crown Holdings, Inc. reported net sales of $3,202 million for the third quarter of 2025, an increase from $3,074 million in the third quarter of 2024.
Diluted earnings per share for Q3 2025 were $1.85, significantly up from a diluted loss per share of $(1.47) in Q3 2024. Adjusted diluted earnings per share increased 13% to $2.24 in Q3 2025, compared to $1.99 in the prior year.
The company increased its full-year 2025 guidance for adjusted diluted earnings per share to a range of $7.70 to $7.80 and anticipates approximately $1.0 billion in adjusted free cash flow.
Crown Holdings achieved its long-term adjusted net leverage target of 2.5x at September 30, 2025, and returned over $400 million to shareholders through share repurchases and dividends during the first nine months of 2025.

Oct 20, 2025, 8:19 PM

8-K

Crown Holdings, Inc. Reports Strong Third Quarter 2025 Results and Raises Full-Year Guidance

CCK

Earnings

Guidance Update

Share Buyback

Crown Holdings, Inc. (CCK) reported adjusted diluted earnings per share of $2.24 for the third quarter ended September 30, 2025, an increase of 13% compared to $1.99 in 2024. Net sales for the quarter were $3,202 million, up from $3,074 million in the prior year period.
For the first nine months of 2025, adjusted diluted earnings per share was $6.05, compared to $4.82 in 2024, on net sales of $9,238 million.
The company increased its full-year 2025 guidance range for adjusted diluted earnings per share to $7.70 to $7.80 and anticipates generating approximately $1.0 billion in adjusted free cash flow.
Crown Holdings achieved its long-term adjusted net leverage target of 2.5x at September 30, 2025, and returned over $400 million to shareholders through share repurchases and dividends during the first nine months.

Oct 20, 2025, 8:05 PM

Press Release

Crown Holdings Subsidiary Completes €500 Million Senior Unsecured Note Offering

CCK

Debt Issuance

Crown European Holdings S.A., a wholly-owned subsidiary of Crown Holdings, Inc., completed an offering of €500,000,000 aggregate principal amount of 3.750% senior unsecured notes due 2031 on October 6, 2025.
The notes will mature on September 30, 2031, with semi-annual interest payments commencing March 30, 2026.
The net proceeds from the offering, combined with cash on hand, will be utilized to redeem the Issuer's outstanding 2.875% senior notes due in February 2026 and cover associated fees and expenses.
These notes are senior obligations of the Issuer and are unconditionally guaranteed on a senior basis by Crown Holdings, Inc. and certain subsidiaries.
The indenture governing the notes contains covenants that limit the ability of the Company and its subsidiaries to create liens, engage in sale and leaseback transactions, or merge/consolidate.

Oct 8, 2025, 8:37 PM

8-K

Crown Holdings Prices Senior Unsecured Notes Offering

CCK

Debt Issuance

Crown Holdings, Inc. (CCK) announced the pricing of an offering of €500 million aggregate principal amount of 3.750% senior unsecured notes due 2031.
The notes are issued by its subsidiary Crown European Holdings S.A. and will be unconditionally guaranteed by Crown and certain subsidiaries.
The company intends to use the net proceeds from this offering, along with cash on hand, to redeem its outstanding 2.875% senior notes due in February 2026 and cover related fees and expenses.

Sep 22, 2025, 8:05 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for CROWN HOLDINGS.

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