Fri, May 2, 7:30 PM (15 days ago)
**Crown Holdings, Inc. (CCK) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $2,887 million (up from $2,784 million in Q1 2024) - **Net Income:** $227 million (up from $93 million in Q1 2024) - **Earnings per Share (EPS):** $1.65 (up from $0.56 in Q1 2024) - **Operating Margin:** 12.6% (up from 8.8% in Q1 2024) - **Cash Flow from Operations:** $14 million (up from -$102 million in Q1 2024) **Key Metrics:** - **Gross Margin:** 21.6% (up from 19.3% in Q1 2024) - **Operating Margin:** 12.6% (up from 8.8% in Q1 2024) - **Net Margin:** 7.9% (up from 3.4% in Q1 2024) - **Return on Assets (ROA):** 5.3% (up from 2.8% in Q1 2024) - **Return on Equity (ROE):** 13.6% (up from 6.8% in Q1 2024) **Segment Performance:** - **Americas Beverage:** Net sales up 8.0%, segment income up 24.9% - **European Beverage:** Net sales up 6.2%, segment income up 31.4% - **Asia Pacific:** Net sales flat, segment income up 11.9% - **Transit Packaging:** Net sales down 7.3%, segment income down 11.8% - **Other:** Net sales up 4.6%, segment income up 262.5% **Trends and Uncertainties:** - **Growth Drivers:** Increasing demand for beverage cans, sustainability focus, and population growth. - **Challenges:** Supply chain disruptions, foreign exchange fluctuations, interest rate changes, and inflationary pressures. - **Future Operations:** Expects to meet demand with current capital base, plans $450 million in capital spending for 2025. **Future Outlook:** - **Share Repurchases:** Authorized $2,000 million through 2027. - **Dividends:** Declared $0.26 per share for Q2 2025. - **Debt:** Total long-term debt of $4,743 million, with a net leverage ratio of 2.6x. - **Liquidity:** $1,620 million available under revolving credit facilities. **Impact of Future Operations:** - **Capital Spending:** $450 million planned for 2025. - **Debt Repayment:** Expects to refinance or repay $875 million in senior notes due in 2026. - **Shareholder Returns:** Continues to prioritize dividends and share repurchases.