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Global maker of metal cans and closures for beverage, food and aerosol/specialty products.
Global maker of metal cans and closures for beverage, food and aerosol/specialty products.
Sells cans to drinks and food companies under multi-year contracts that usually pass changes in metal cost on to the customer, so margins depend more on volume and plant efficiency than on the aluminum price. Its plants sit close to customers' filling lines, since empty cans are costly to ship.
Moat: narrow (scale, distribution, switching costs). Global plant network near customer fill lines; metal recyclability supports incumbents.
Headquarters: Yardley, Pennsylvania, US · Founded: 1892 · Employees: 23,000
Size Crown (CCK) is a United States Materials company (Containers/Packaging) with a market value of $13.1B, the 660th largest of 3,117 United States companies the cockpit tracks. Shares closed at $121.30 on 6 Nov 2026.
Performance Over six months the shares gained 19.9%, against +5.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 13.8% over the last twelve months (peer median +4.0%); the operating margin is 12.1% (peer median 9.1%).
Valuation It trades at 13.9× forward earnings against a peer median of 18.7× (3rd cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.3 points above its cost of capital (6.9% WACC).
Credit Crown has 9 bonds outstanding ($5.32B), rated BB+ by the agencies and trading like BBB at a weighted spread of 108 bp.
Short interest Short interest is 2.4% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $13.8B | $12.4B | $11.8B | $12.0B | $13.0B |
| Revenue growth | — | +5% | -2% | -7% | — |
| Gross profit | $2.31B | $2.26B | $2.09B | $2.00B | $1.82B |
| EBITDA | $2.13B | $2.08B | $1.95B | $1.92B | $1.72B |
| Net income | $795M | $738M | $424M | $450M | $727M |
| Free cash flow | $1.01B | $1.12B | $1.13B | $728M | -$36.0M |
| Capital expenditure | $542M | $413M | $403M | $793M | $839M |
| Total debt | $6.06B | $6.17B | $6.42B | $7.70B | $7.21B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Crown CCK | $13.1B | +20% | +14% | 12% | 13.9× | -4.7% |
| Ball BALL | $17.2B | +13% | +21% | 11% | 15.3× | 6.4% |
| Ardagh Metal Packaging AMBP | $2.82B | +18% | +17% | 5% | 17.0× | 4.1% |
| Sonoco Products SON | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CCK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.4% | +5.3% | 6th highest of 21 |
| 6-month return | +19.9% | +5.7% | 3rd highest of 21 |
| Distance from 52-week high | -4.0% | -17.0% | 3rd highest of 21 |
| Revenue growth (TTM) | +13.8% | +4.0% | 4th highest of 21 |
| Operating margin | 12.1% | 9.1% | 7th highest of 21 |
| Forward P/E | 13.9× | 18.7× | 3rd cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -4.7% | 5.1% | 3rd least demanding of 19 |
| Growth delivered (Del g) | +5.7% | +7.5% | 7th lowest of 19 |
| Hurdle (Req g minus delivered) | -10.4 pp | -5.2 pp | 5th least demanding of 19 |
| ROIC minus cost of capital | +7.3 pp | +1.1 pp | 3rd highest of 21 |
| EV / EBITDA | 8.9× | 9.0× | 8th cheapest of 16 |
| Net debt / EBITDA | 2.5× | 3.0× | 7th least indebted of 17 |
| Bond spread | 108 bp | 91 bp | 5th widest of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Crown CCK | United States | $13.1B | +20% | +14% | 12% | 13.9× | -4.7% | +5.7% |
| CCL Industries CCL-B.TO | Canada | $11.8B | +17% | +5% | 15% | 18.7× | 1.3% | +7.9% |
| Ball BALL | United States | $17.2B | +13% | +21% | 11% | 15.3× | 6.4% | +2.3% |
| Owens Corning OC | United States | $9.59B | 0% | -11% | 14% | 15.3× | 3.6% | +7.4% |
| AptarGroup ATR | United States | $9.03B | +18% | +9% | 12% | 23.4× | 4.3% | +5.2% |
| Stora Enso STEAV.HE | Finland | $8.58B | 0% | -1% | -4% | 18.4× | n/a | n/a |
| Amcor AMCR | United States | $20.7B | +14% | +57% | 9% | n/a | 5.8% | +12.8% |
| Packaging Corporation of America PKG | United States | $22.2B | +12% | +12% | 13% | 17.8× | 4.3% | +6.2% |
| Yunnan Energy New Material (Group) 002812.SZ | China | $7.55B | -38% | +50% | 17% | 19.8× | 7.8% | +26.1% |
| Smurfit Westrock SW | United States | $23.1B | +7% | +1% | 5% | 15.1× | 13.5% | +26.2% |
| SIG SIGN.SW | Switzerland | $7.07B | +23% | -5% | 5% | 20.5× | 18.4% | +9.4% |
| China International Marine Containers (Group) 000039.SZ | China | $6.19B | -23% | 0% | 4% | 18.7× | -9.2% | +10.7% |
| Jiangsu Sidike New Materials Science & Technology 300806.SZ | China | $5.33B | -17% | +12% | 4% | 154.7× | n/a | n/a |
| Shenzhen YUTO Packaging Technology 002831.SZ | China | $5.19B | 0% | +1% | 11% | 20.8× | -0.4% | +7.9% |
| Sonoco Products SON | United States | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% | +7.5% |
| Mondi MNDI.L | United Kingdom | $4.69B | +5% | +5% | 4% | 36.1× | 15.4% | +2.1% |
| Silgan SLGN | United States | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% | +5.7% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| Greif GEF | United States | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% | -4.7% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% | +8.2% |
Crown has 9 bonds outstanding with $5.32B face value. The agencies rate it BB+; its bonds trade like BBB. Weighted yield 4.63%, a spread of 108 bp over government bonds.