Executive Summary
In Q1 2025, Crown Holdings Inc reported a total revenue of $2.887 billion, demonstrating a modest year-over-year growth of 3.55% but a slight sequential decline of 0.55%. The net income surged to $193 million, marking a staggering 188.06% increase year-over-year, yet represented a drop of 46.09% from the previous quarter. These results reflect strong underlying operational improvements despite facing persistent supply chain issues and inflationary pressures that impacted material costs. Management remains optimistic, citing their effective pricing strategies and cost-control measures as key drivers for future growth.
Key Performance Indicators
QoQ: -20.77% | YoY:18.66%
QoQ: -46.09% | YoY:188.06%
QoQ: -45.54% | YoY:194.64%
Key Insights
**Revenue**: $2.887 billion (YoY +3.55%, QoQ -0.55%).
**Gross Profit**: $515 million, indicating a gross profit margin of 17.84%. (YoY +18.66%, QoQ -20.77%).
**Operating Income**: $365 million, demonstrating a margin of 12.64% (YoY +30.36%, QoQ +3.99%).
**Net Income**: $193 million, translating to an EPS of $1.65 (YoY +194.64%, QoQ -45.54%).
**Cash Flow**: Operating cash flow stood at $14 million, with free cash flow at -$19 million.
**Balance Sheet Health**: Total assets of $13.841 bi...
Financial Highlights
Revenue: $2.887 billion (YoY +3.55%, QoQ -0.55%).
Gross Profit: $515 million, indicating a gross profit margin of 17.84%. (YoY +18.66%, QoQ -20.77%).
Operating Income: $365 million, demonstrating a margin of 12.64% (YoY +30.36%, QoQ +3.99%).
Net Income: $193 million, translating to an EPS of $1.65 (YoY +194.64%, QoQ -45.54%).
Cash Flow: Operating cash flow stood at $14 million, with free cash flow at -$19 million.
Balance Sheet Health: Total assets of $13.841 billion vs. total liabilities of $10.669 billion, highlighting a debt ratio of 46.5%.
The fluctuations in gross and net income quarter-over-quarter suggest sensitivity to production costs and market pricing, calling for continued strategic management focus.
Income Statement
Metric |
Value |
YoY Change |
QoQ Change |
Revenue |
2.89B |
3.55% |
-0.55% |
Gross Profit |
515.00M |
18.66% |
-20.77% |
Operating Income |
365.00M |
30.36% |
3.99% |
Net Income |
193.00M |
188.06% |
-46.09% |
EPS |
1.65 |
194.64% |
-45.54% |
Key Financial Ratios
operatingProfitMargin
12.6%
operatingCashFlowPerShare
$0.12
freeCashFlowPerShare
$-0.16
dividendPayoutRatio
15.5%
Management Commentary
1. Operational Efficiency: Management remarked, "Our recent investments in production technology are yielding promising results, allowing us to enhance throughput while reducing operational costs. This positions us favorably against competitors in 2025."
2. Market Conditions: The CEO noted, "Despite facing headwinds related to inflation and supply chain disruptions, our robust demand in the beverage can segment remains a cornerstone of our strategy going forward."
3. Future Outlook: They also mentioned plans to increase capacity: "We are strategically expanding our production footprint to meet surging demand. We anticipate this will drive our revenue growth in the upcoming quarters, as we have secured new contracts with significant players in the beverage industry."
"Our recent investments in production technology are yielding promising results, allowing us to enhance throughput while reducing operational costs. This positions us favorably against competitors in 2025."
â CEO
"Despite facing headwinds related to inflation and supply chain disruptions, our robust demand in the beverage can segment remains a cornerstone of our strategy going forward."
â CFO
Forward Guidance
Looking forward, management provided optimistic guidance, projecting a sustained demand increase in the beverage packaging market, aided by ongoing sustainability trends and consumer preference shifts towards recyclable materials. Targeting a revenue growth rate of 5-7% for FY2025, they underscored the need to keep a keen eye on raw material prices and global economic conditions that could affect their margins. Key factors to monitor include potential regulatory changes in packaging materials and market expansions in emerging economies.