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Crown Holdings

Logo: Crown Holdings Incorporated, Public domain, via Wikimedia Commons6

American manufacturing company

Crown Holdings, Inc. is an American multinational packaging company headquartered in Tampa, Florida, that designs and manufactures rigid-metal packaging including aluminum beverage cans, metal food cans, aerosol cans, and specialty packaging. Founded in 1892, as the Crown Cork & Seal Company, the company is ranked No. 356 in the Fortune 500 list for 2026. As of 2026, Crown employs over 23,000 people at 189 plants in 39 countries.3 It was founded by William Painter.1 Its shares trade on NYSE under the symbol CCK.1 Wikipedia text CC BY-SA 4.0

$114.08 up 0.40 (0.35%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

1892Founded1

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  • TickerCCK on NYSE1
  • Industryproduct packaging industry1
  • HeadquartersYardley1
  • Websitewww.crowncork.com
  • Incorporated inPA7
  • Business address14025 Riveredge Drive, Suite 300, Tampa, Fl 336377
  • Filer categoryLarge accelerated filer7
  • Legal formBusiness Corporation4
  • LEINYLWZIOY8PUNIT4JOE224
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O CT Corporation System, 17101 Harrisburg, United States4
  • Registered withPennsylvania Department of State, 31222034

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Crown Holdings, Inc. is an American multinational packaging company headquartered in Tampa, Florida, that designs and manufactures rigid-metal packaging including aluminum beverage cans, metal food cans, aerosol cans, and specialty packaging. Founded in 1892, as the Crown Cork & Seal Company, the company is ranked No. 356 in the Fortune 500 list for 2026. As of 2026, Crown employs over 23,000 people at 189 plants in 39 countries.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

12.6%Operating margin10
6.0%Net margin10
4.8%Revenue growth, 202510
24.6%Return on equity10
1.80×Debt to equity10
$1.1BFree cash flow10

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Metal Beverage Cans And Ends brought in 69% of the revenue Crown Holdings broke down this way in fiscal 2025.

  1. Metal Beverage Cans And Ends$8.5B1069%up 8% from 2024
  2. Transit Packaging$2.0B1016%down 4% from 2024
  3. Metal Food Cans And Ends$943.0M108%up 6% from 2024
  4. Other Metal Packaging$433.0M104%down 3% from 2024
  5. Other Products$428.0M103%down 7% from 2024
Products and services by year
Products and services202320242025
Metal Beverage Cans And Ends$7.5B$7.9B$8.5B
Transit Packaging$2.3B$2.1B$2.0B
Metal Food Cans And Ends$1.0B$887.0M$943.0M
Other Metal Packaging$526.0M$447.0M$433.0M
Other Products$701.0M$461.0M$428.0M

Business segments

Americas Beverage brought in 45% of the revenue Crown Holdings broke down this way in fiscal 2025.

  1. Americas Beverage$5.6B1045%up 7% from 2024
  2. European Beverage$2.3B1019%up 12% from 2024
  3. Transit Packaging$2.0B1016%down 4% from 2024
  4. Other Operating$1.3B1011%up 7% from 2024
  5. Asia Pacific$1.1B109%down 6% from 2024
Business segments by year
Business segments202320242025
Americas Beverage$5.1B$5.2B$5.6B
European Beverage$1.9B$2.1B$2.3B
Transit Packaging$2.3B$2.1B$2.0B
Other Operating$1.4B$1.2B$1.3B
Asia Pacific$1.3B$1.2B$1.1B

Regions

United States brought in 39% of the revenue Crown Holdings broke down this way in fiscal 2025.

  1. United States$4.8B1039%up 9% from 2024
  2. Other Countries$3.5B1028%up 3% from 2024
  3. Brazil$1.1B109%up 1% from 2024
  4. Mexico$989.0M108%down 6% from 2024
  5. Canada$786.0M106%up 6% from 2024
  6. Spain$423.0M103%up 27% from 2024
  7. VN$387.0M103%up 0% from 2024
  8. United Kingdom$372.0M103%down 7% from 2024
Regions by year
Regions202320242025
United States$4.5B$4.4B$4.8B
Other Countries$3.3B$3.4B$3.5B
Brazil$991.0M$1.1B$1.1B
Mexico$1.1B$1.1B$989.0M
Canada$823.0M$744.0M$786.0M
Spain$334.0M$334.0M$423.0M
VN$423.0M$387.0M$387.0M
United Kingdom$494.0M$398.0M$372.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development0¢$33.0M
  • Selling, general and admin5¢$632.0M
  • Other costs86¢$10.7B
  • Income tax2¢$281.0M
  • Profit6¢$738.0M

Out of $12.4B in revenue.10

Where each dollar of operating cash went, fiscal 2025

  • Capital spending27¢$413.0M
  • Dividends paid8¢$120.0M
  • Share buybacks33¢$505.0M
  • Kept or used elsewhere32¢$492.0M

Out of $1.5B of cash from operations.10

Financial statements

Revenue1112131410$12.4B in 2025+29% since 2019
0$5.0B$10.0B$15.0B2019: $9.6B$9.6B20192020: $9.4B$9.4B2020−2%2021: $11.4B$11.4B2021+21%2022: $12.9B$12.9B2022+14%2023: $12.0B$12.0B2023−7%2024: $11.8B$11.8B2024−2%2025: $12.4B$12.4B2025+5%
Operating income1112131410$1.6B in 2025+51% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.0B$1.0B20192020: $1.0B$1.0B2020+2%2021: $1.4B$1.4B2021+30%2022: $1.3B$1.3B2022−2%2023: $1.3B$1.3B2023−5%2024: $1.4B$1.4B2024+12%2025: $1.6B$1.6B2025+9%
Net income1112131410$738.0M in 2025+45% since 2019
-$1.0B-$500.0M0$500.0M$1.0B2019: $510.0M$510.0M20192020: $579.0M$579.0M2020+14%2021: -$560.0M-$560.0M20212022: $727.0M$727.0M20222023: $450.0M$450.0M2023−38%2024: $424.0M$424.0M2024−6%2025: $738.0M$738.0M2025+74%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Net sales$12.4B$11.8B$12.0B
Cost of products sold, excluding depreciation and amortization$9.6B$9.3B$9.5B
Depreciation and amortization$456.0M$448.0M$499.0M
Selling and administrative expense$632.0M$597.0M$582.0M
Restructuring and other, net$83.0M$75.0M$114.0M
Income from operations$1.6B$1.4B$1.3B
Loss from early extinguishments of debt$15.0M$1.0M$1.0M
Other pension and postretirement$13.0M$546.0M$49.0M
Gain on sale of equity method investment$0-$275.0M$0
Interest expense$398.0M$452.0M$436.0M
Interest income-$55.0M-$82.0M-$53.0M
Foreign exchange$22.0M$34.0M$41.0M
Income before income taxes and equity in net earnings of affiliates$1.2B$743.0M$795.0M
Provision for income taxes$281.0M$183.0M$222.0M
Equity in net earnings of affiliates$4.0M$0$14.0M
Net income from continuing operations$883.0M$560.0M$587.0M
Net income attributable to noncontrolling interests$145.0M$136.0M$137.0M
Net income attributable to Crown Holdings$738.0M$424.0M$450.0M
Basic (in dollars per share)$6.41$3.56$3.77
Diluted (in dollars per share)$6.38$3.55$3.76

Compare Crown Holdings with another company

Corporate structure

Crown Holdings sits at the top of its group. 197 entities, 48 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Crown Holdings

  • Crown Holdings Tampa, Florida, United States
    • Signode Finland 100% · Masku, Finland
    • Butimove Subsidiary · France
    • CardnaudMetalbox Mec-A-Tec Services Limited Subsidiary · United Kingdom
    • CarnaudMetalbox Engineering Limited Subsidiary · United Kingdom
    • CarnaudMetalbox Group UK Ltd. Subsidiary · United Kingdom
    • CarnaudMetalbox Overseas Ltd. Subsidiary · United Kingdom
    • Carribean Capital Ltd Subsidiary · Turks and Caicos Islands
    • CMB Machinery and Technology (Shanghai) Co Ltd Subsidiary · China
    • CR USA, Inc. Subsidiary · Delaware, United States
    • CROWN AEROSOLS UK LTD Subsidiary · Oxford, United Kingdom
    • Crown Americas Capital Corp. Subsidiary · Delaware, United States
    • Crown Americas Capital Corp. V Subsidiary · Delaware, United States
    • Crown Americas Capital Corp. VI Subsidiary · Delaware, United States
    • CROWN Americas LLC Subsidiary · Pennsylvania, United States
    • CROWN AP (Thailand) Company Limited Subsidiary · Thailand
    • CROWN Arabia Can Company Ltd Subsidiary · Saudi Arabia
    • CROWN Asia Pacific Holdings Pte. Ltd. Subsidiary · Singapore
    • CROWN Bevcan and Closures(Thailand) Co.,Ltd. (บริษัท คราวน์เบ็บแคน แอนด์ โคลสเชอร์ส (ประเทศไทย) จำกัด) Subsidiary · Saraburi, Thailand
    • CROWN Bevcan Espana S.L. Subsidiary · Spain
    • CROWN BEVCAN ESPAÑA SL Subsidiary · Agoncillo, Spain
    • CROWN BEVCAN FRANCE SAS Subsidiary · Paris, France
    • Crown Bevcan Services Hungary Kft Subsidiary · Hungary
    • CROWN BEVCAN SLOVAKIA S. R. O. Subsidiary · Kechnec, Slovakia
    • CROWN BEVCAN TURKIYE AMBALAJ SANAYI VE TICARET LTD SIRKETI Subsidiary · Paris, France
    • CROWN Bevcan Türkiye Ambalaj Sanayi Ve Ticaret Limited Sirketi Subsidiary · Turkey
    • and 165 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Crown Holdings reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$267.0M10 Dec 31, 2025$265.0M10 Dec 31, 2024+0.8%
Buildings and improvements$2.0B10 Dec 31, 2025$1.9B10 Dec 31, 2024+5.2%
Machinery and equipment$6.3B10 Dec 31, 2025$5.9B10 Dec 31, 2024+5.3%
Construction in progress$627.0M10 Dec 31, 2025$469.0M10 Dec 31, 2024+33.7%
Property and equipment, before depreciation$9.1B10 Dec 31, 2025$8.6B10 Dec 31, 2024+6.7%
Accumulated depreciation$4.0B10 Dec 31, 2025$3.6B10 Dec 31, 2024+8.7%
Property and equipment, net$5.2B10 Dec 31, 2025$4.9B10 Dec 31, 2024+5.3%
Finance-lease assets$19.0M10 Dec 31, 2025$16.0M10 Dec 31, 2024+18.8%
Operating-lease assets (leased space)$193.0M10 Dec 31, 2025$201.0M10 Dec 31, 2024−4.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$764.0M10 Dec 31, 2025$918.0M10 Dec 31, 2024−16.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$3.2B10 Dec 31, 2025$3.0B10 Dec 31, 2024+6.8%
Intangible assets, net (excluding goodwill)$959.0M10 Dec 31, 2025$1.0B10 Dec 31, 2024−8.1%
Finite-lived intangibles, gross$2.3B10 Dec 31, 2025$2.2B10 Dec 31, 2024+6.4%
Accumulated amortization$1.3B10 Dec 31, 2025$1.1B10 Dec 31, 2024+19.8%
Finite-lived intangibles, net$959.0M10 Dec 31, 2025$1.0B10 Dec 31, 2024−8.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.6B10 Dec 31, 2025$1.4B10 Dec 31, 2024+9.5%
Work in process$103.0M10 Dec 31, 2025$106.0M10 Dec 31, 2024−2.8%
Finished goods$468.0M10 Dec 31, 2025$369.0M10 Dec 31, 2024+26.8%

Properties, in its own words

As of December 31, 2025, the Company operated 179 facilities in 39 countries. The principal manufacturing facilities at December 31, 2025 are listed below and are grouped by segment. The Company’s manufacturing and support facilities are designed according to the requirements of the products to be manufactured. Therefore, the type of construction may vary from plant to plant. Warehouse space is generally provided at each of the manufacturing locations, although the Company also leases outside warehouses. The Company leased 54 of its manufacturing facilities at December 31, 2025.

Ongoing productivity improvements and cost reduction efforts in recent years have focused on upgrading and modernizing facilities to reduce costs, improve efficiency and productivity. The Company has also opened new facilities to meet increases in market demand for its products. These actions reflect the Company’s continued commitment to align manufacturing facilities to maintain its competitive position in its markets.

The rest of Item 2

Utilization of any particular facility varies based upon product demand. While it is not possible to measure with any degree of certainty or uniformity the productive capacity of these facilities, management believes that, if necessary, production can be increased at several existing facilities through the addition of personnel, capital equipment and, in some facilities, square footage available for production. In addition, the Company may from time to time acquire additional facilities or dispose of existing facilities.

The Company’s Americas, Transit Packaging, and Corporate headquarters are in Tampa, Florida. Its European headquarters is in Baar, Switzerland and its Asia Pacific headquarters is in Singapore. The Company maintains a research facility in Wantage, England.

Americas Beverage · European Beverage · Asia Pacific · Transit Packaging · Other

Kankakee, IL · Custines, France · Phnom Penh, Cambodia (2) · Benton, AR · Toluca, Mexico · Norwalk, CT (T)

Bowling Green, KY · Saarlouis, Germany · Hangzhou, China · Bay Point, CA · Virton, Belgium · Dubuque, IA (F)

Mankato, MN · Korinthos, Greece · Heshan, China · Bridgeview, IL · Kardjali, Bulgaria · Alsip, IL (A)

Mesquite, NV · Parma, Italy · Huizhou, China (S) · Brighton, MI · Noerresundby, Denmark · Belcamp, MD (S)

Nichols, NY · Amman, Jordan · Qingdao Shangdong, China (S) · Cleveland, OH · Soenderborg, Denmark · Faribault, MN (A)

Dayton, OH · Dammam, Saudi Arabia · Shanghai, China (S) · Danville, VA · Liljendal, Finland · Owatonna, MN (F)

Cheraw, SC · Jeddah, Saudi Arabia · Tianjin, China (S) · Darlington, SC · Masku, Finland · Massillon, OH (F)

Conroe, TX · Kosice, Slovakia · Ziyang, China · Dixmoor, IL · Castelsarrasin, France · Mill Park, OH (F)

Fort Bend, TX · Agoncillo, Spain · Karawang, Indonesia · Douglasville, GA · Fontaine les Luxeuil, · Connellsville, PA (F)

Martinsville, VA · Sevilla, Spain · Bangi, Malaysia · East Providence, RI (2) · France · Hanover, PA (F)

Winchester, VA · Valencia, Spain · Yangon, Myanmar · Eden, NC · Manneville sur Risle, · Effingham, SC (F)

Olympia, WA · El Agba, Tunisia · Singapore (S) · Elkhart, IN · France · Trevose, PA (T)

La Crosse, WI · Izmit, Turkey · Bangpoo, Thailand (F) · Florence, KY · Dinslaken, Germany · Spartanburg, SC (A)

Worland, WY · Osmaniye, Turkey · Hat Yai, Thailand (F) · Fordyce, AR · Goldkronach, Germany · Chippewa Falls, WI (T)

Cabreuva, Brazil · Dubai, UAE · Nakhon Pathom, Thailand (F) · Forest, VA (2) · Hilden, Germany · Oshkosh, WI (F)

Teresina, Brazil · Botcherby, U.K. · Nong Khae, Thailand (2) · Gary, IN · Nurnberg, Germany · Kingston, Jamaica (F)

Estancia, Brazil · Peterborough, U.K. · Samrong, Thailand (F) · Greer, SC · Weischlitz, Germany · Barbados, West Indies (F)

Manaus, Brazil · Songkhla, Thailand (F) · Hazleton, PA · Gorey, Ireland · Shipley, U.K. (T)

Ponta Grossa, Brazil · Danang, Vietnam · Kankakee, IL (2) · Waterford, Ireland · Wortley, U.K.

Rio Verde, Brazil · Dong Nai, Vietnam (2) · LaGrange, GA · Nairobi, Kenya · Wisbech, U.K.

Uberaba, Brazil · Hanoi, Vietnam · Latta, SC · Heerlen, Netherlands

Calgary, Canada · Vung Tau, Vietnam · Loveland, OH · Nuenen, Netherlands

Ontario, Canada · Macon, GA · Zwijndrecht, Netherlands

Santafe de Bogota, · Martinsville, VA · Petrovany, Slovakia

Colombia · Monroe, LA · Burseryd, Sweden

Acayucan, Mexico · Newark, NJ · Hjo, Sweden

Chihuahua, Mexico · Orange, TX · Dietikon, Switzerland (2)

Ensenada, Mexico · Phoenix, AZ · Merenschwand, Switzerland

Guadalajara, Mexico · Roselle, IL · Torbali, Turkey

Monterrey, Mexico (2) · Salisbury, NC · Dudley, U.K

Orizaba, Mexico · San Antonio, TX · Kurri Kurri, Australia

Toluca, Mexico · Sheridan, AR · Bangalore, India (3)

South Canaan, PA · Bengaluru, India

Stockton, CA · Dahej, India

West Chester, OH · Rudrapur, India

Woodland, WA · Rudraram, India

Cabreuva, Brazil · Silvassa, India

Halton Hills, Canada · Pohang, South Korea

Amatlan de los Reyes, · Sriracha, Thailand (2)

Mexico · Qingdao Shandong, China

Cienega de Flores,

Mexico

All properties above, with the exception of Transit Packaging, are beverage facilities unless otherwise indicated by the following:

A: Aerosol

F: Food and closure

P: Promotional packaging

S: Specialty packaging

T: Tooling and equipment

Item 2 of the 10-K filed Feb 27, 2026.18

The story

Founded by William Painter in 1892.1

William Painter, a Quaker from Maryland, invented the metal disposable bottle cap ("crown cork") for bottled carbonated beverages in 1891 and obtained patents on February 2, 1892. He founded his own manufacturing company, the Crown Cork and Seal Company, in Baltimore and sold bottlers that his cap was the right one in a crowded field of contraptions. By 1898, he had created a foot-powered crowner device to sell to bottlers and retailers so that they could seal the bottles with his caps quickly and easily. This helped gain acceptance of his bottle caps. By 1906, Crown had opened manufacturing plants in Brazil, France, Germany, Japan, and the United Kingdom.

By the 1930s, Crown was selling half of the world's supply of bottle caps. Crown entered the tin can business in 1936 with the purchase of the Acme Can Company of Philadelphia, which led to the creation of the Crowntainer, a funnel-shaped beer can, the following year.

To address market changes after World War I and Prohibition, Crown focused heavily on soft drinks. During World War II, Crown produced war products such as the Kork-N-Seal, the Pour-N-Seal, and the Merit Seal, as well as gas mask canisters. In 1957, John Connelly took over the presidency which was facing insolvency and moved the headquarters from Baltimore to Philadelphia. In 2003, Crown restructured as a public holding company. In 2005 and 2006 Crown exited the plastics industry with the sale of its Global Plastic Closure and its cosmetics packaging businesses.

In August 2023, it was announced Crown had acquired Helvetia Packaging - a beverage can manufacturing facility in Saarlouis, Germany.

From Wikipedia’s article on Crown Holdings, shared under CC BY-SA 4.0.8

Leadership

Who has led Crown Holdings, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John W. Conway2006–2015
  2. Timothy J. Donahue2016–now

Chair

  1. John W. Conway2006–2015

President

  1. John W. Conway2006–2013
  2. Frank J. Mechura2006–2007
  3. William H. Voss2006–2007
  4. William R. Apted2006
  5. Jozef Salaerts2007–2016
  6. Raymond Leo McGowan Jr.2008–2015
  7. Christopher Charles Homfray2008–2012
  8. Gerard H. Gifford2012–2017
  9. Timothy J. Donahue2013–2015
  10. Djalma Novaes Jr.2015–2016
  11. Robert H. Bourque Jr.2016–2022
  12. Didier Sourisseau2017–2021
  13. Mark S. Burgess2018
  14. Hock Huat Goh2018–2022
  15. Matt Madeksza2022–2023
  16. Carlos Baila2023–2025
  17. Gary M. Gavin2025–now
  18. John M. Rost2025–now

Chief financial officer

  1. Alan W. Rutherford2006–2008
  2. Timothy J. Donahue2009–2013
  3. Thomas A. Kelly2013–2021
  4. Kevin Charles Clothier2022–now

Chief operating officer

  1. Timothy J. Donahue2013–2015
  2. Gerard H. Gifford2017–2025
  3. Djalma Novaes Jr.2025–2026
  4. John M. Rost2026–now
197019801990200020102020
Board members and other officers (36)

Subsidiaries and ownership

Subsidiaries

  • Crown Holdings (United Kingdom)

Subsidiaries (Exhibit 21)

  • Butimove France9
  • CMB Machinery and Technology (Shanghai) Co Ltd China9
  • CR USA, Inc. Delaware9
  • CROWN AP (Thailand) Company Limited Thailand9
  • CROWN Americas LLC Pennsylvania9
  • CROWN Arabia Can Company Ltd Saudi Arabia9
  • CROWN Asia Pacific Holdings Pte. Ltd. Singapore9
  • CROWN Bevcan Espana S.L. Spain9
  • CROWN Bevcan France SAS France9
  • CROWN Bevcan Slovakia s.r.o. Slovakia9
  • CROWN Bevcan Türkiye Ambalaj Sanayi Ve Ticaret Limited Sirketi Turkey9
  • CROWN Bevcan and Closures (Thailand) Company Limited Thailand9
  • CROWN Beverage Cans (Cambodia) Limited Cambodia9
  • CROWN Beverage Cans (Dong Nai) Limited Vietnam9
  • CROWN Beverage Cans Danang Limited Vietnam9
  • CROWN Beverage Cans Hangzhou Limited China9
  • CROWN Beverage Cans Hanoi Limited Vietnam9
  • CROWN Beverage Cans Heshan Limited China9
  • CROWN Beverage Cans Hong Kong Limited Hong Kong9
  • CROWN Beverage Cans Huizhou Limited China9
  • CROWN Beverage Cans Malaysia Sdn Bhd Malaysia9
  • CROWN Beverage Cans Myanmar Limited Myanmar9
  • CROWN Beverage Cans Putian Limited China9
  • CROWN Beverage Cans Saigon Limited Vietnam9
All 174 listed subsidiaries
  • CROWN Beverage Cans Sihanoukville Limited Cambodia9
  • CROWN Beverage Cans Singapore Pte. Ltd. Singapore9
  • CROWN Beverage Cans Vung Tau Company Limited Vietnam9
  • CROWN Beverage Cans Ziyang Limited China9
  • CROWN Beverage Packaging Puerto Rico, Inc. Delaware9
  • CROWN Beverage Packaging, LLC Delaware9
  • CROWN China Holdings (Hong Kong) Limited Hong Kong9
  • CROWN Commercial Belgium BVBA Belgium9
  • CROWN Commercial France SAS France9
  • CROWN Commercial Slovakia s.r.o. Slovakia9
  • CROWN Cork & Seal USA, Inc. Delaware9
  • CROWN Embalagens Métalicas da Amazonia S.A. Brazil9
  • CROWN Emirates Company Limited United Arab Emirates9
  • CROWN Envases Mexico, S.A. de C.V. Mexico9
  • CROWN Famosa, S.A. de C.V. Mexico9
  • CROWN Food Packaging (Thailand) Public Company Limited Thailand9
  • CROWN Foodcan (Hat Yai) Company Limited Thailand9
  • CROWN Foodcan (Nakhon Pathom) Company Limited Thailand9
  • CROWN Hanoi Investment Company Limited Bermuda9
  • CROWN Khmer Beverage Cans Limited Cambodia9
  • CROWN Maghreb Can Tunisia9
  • CROWN Metal Packaging Canada Inc. Canada9
  • CROWN Metal Packaging Canada LP Canada9
  • CROWN Middle East Can Manufacturing Ltd. Jordan9
  • CROWN Packaging (Barbados) Limited Barbados9
  • CROWN Packaging Holdings LLC Delaware9
  • CROWN Packaging Investment (H.K.) Limited Hong Kong9
  • CROWN Packaging Investment Pte. Ltd. Singapore9
  • CROWN Packaging Jamaica Limited Jamaica9
  • CROWN Packaging Technology, Inc. Delaware9
  • CROWN Packaging UK Limited United Kingdom9
  • CROWN Speciality Packaging Investment Pte. Ltd. Singapore9
  • CROWN TCP Beverage Cans Company Limited Thailand9
  • CROWN Verpakking België NV Belgium9
  • CardnaudMetalbox Mec-A-Tec Services Limited United Kingdom9
  • CarnaudMetalbox Engineering Limited United Kingdom9
  • CarnaudMetalbox Group UK Ltd. United Kingdom9
  • CarnaudMetalbox Overseas Ltd. United Kingdom9
  • Carribean Capital Ltd Turks and Caicos Islands9
  • Crown Americas Capital Corp. Delaware9
  • Crown Americas Capital Corp. V Delaware9
  • Crown Americas Capital Corp. VI Delaware9
  • Crown Bevcan Services Hungary Kft Hungary9
  • Crown Beverage Holdings, Inc. Delaware9
  • Crown Brasil Holdings Ltda. Brazil9
  • Crown Colombiana, S.A. Colombia9
  • Crown Commercial Italy Srl Italy9
  • Crown Commercial de Envases S.L. Spain9
  • Crown Consultants, Inc. Pennsylvania9
  • Crown Cork & Seal Company (DE), LLC Delaware9
  • Crown Cork & Seal Company, Inc. Pennsylvania9
  • Crown Cork & Seal Deutschland Holdings GmbH Germany9
  • Crown Cork and Seal Receivables II LLC Delaware9
  • Crown Developpement France9
  • Crown Europe SAS France9
  • Crown European Holdings France9
  • Crown Financial Corporation Pennsylvania9
  • Crown Hellas Can Packaging SA Greece9
  • Crown Holdings Italia Srl Italy9
  • Crown Holdings Spain, S.L. Spain9
  • Crown International Holdings B.V. Netherlands9
  • Crown International Holdings, LLC Delaware9
  • Crown Packaging Commercial UK Limited United Kingdom9
  • Crown Packaging Distribution UK Limited United Kingdom9
  • Crown Packaging European Division GmbH Switzerland9
  • Crown Packaging European Division Services SAS France9
  • Crown Packaging European Holdings GmbH Switzerland9
  • Crown Packaging Lux II S.à.r.l. Luxembourg9
  • Crown Packaging Lux III S.à.r.l. Luxembourg9
  • Crown Packaging Manufacturing Italy Srl Italy9
  • Crown Packaging Manufacturing Spain S.L. Spain9
  • Crown Packaging Manufacturing UK Limited United Kingdom9
  • Crown Packaging Services EMEA Limited United Kingdom9
  • Crown Realty Holdings Inc. Canada9
  • Crown Receivables III LLC Delaware9
  • Crown UK Holdings Limited United Kingdom9
  • Crownway Insurance Company Vermont9
  • FAMOSA B.V. Netherlands9
  • Fabricas Monterrey, S.A. de C.V. Mexico9
  • Foreign Manufacturers Finance Corporation Delaware9
  • Form Koruyucu Ambalaj Sanayi Ve Ticaret Limited Sirketi Turkey9
  • Foshan Continental Can Co. Limited China9
  • Foshan Crown Easy-Opening End Co. Limited China9
  • Josef Kihlberg AB Sweden9
  • Mezger Heftsysteme GmbH Germany9
  • PT CROWN Beverage Cans Indonesia Indonesia9
  • PT CROWN Indonesia Trading Indonesia9
  • SE International Holdings II LLC Ohio9
  • SE International Holdings LLC Ohio9
  • SEH Real Estate Holdings LLC Virginia9
  • SISA MEXICO B.V. Netherlands9
  • SIVESA B.V. Netherlands9
  • SMP Schwede Maschinenbau Weischlitz GmbH Germany9
  • SPG France Holdings SAS France9
  • SPG Germany Service Management GmbH Germany9
  • SPG Industrial Packaging S.a.r.l Luxembourg9
  • SPG Packaging Netherlands B.V. Netherlands9
  • Signode (Thailand) Ltd. Thailand9
  • Signode Australia Pty Ltd Australia9
  • Signode Belgium Srl Belgium9
  • Signode Brasil Ltda Brazil9
  • Signode Bulgaria EOOD Bulgaria9
  • Signode Canada ULC Canada9
  • Signode Colombia S.A.S. Colombia9
  • Signode Denmark ApS Denmark9
  • Signode Finland Oy Finland9
  • Signode France SAS France9
  • Signode Hong Kong Limited Hong Kong9
  • Signode India Limited India9
  • Signode Industrial Group Holdings US Inc Delaware9
  • Signode Industrial Group LLC Delaware9
  • Signode Industrial Group Lux S.A. Luxembourg9
  • Signode Industrial Group Sweden AB Sweden9
  • Signode Industrial Group US Inc Delaware9
  • Signode International Holdings LLC Delaware9
  • Signode International IP Holdings LLC Delaware9
  • Signode International Investment LLC Delaware9
  • Signode Japan K.K. Japan9
  • Signode Kenya Limited Kenya9
  • Signode Korea Inc. South Korea9
  • Signode Luxembourg S.a.r.l. Luxembourg9
  • Signode Malaysia Sdn. Bhd. Malaysia9
  • Signode Mexico, S. de R.L. de C.V. Mexico9
  • Signode Netherlands B.V. Netherlands9
  • Signode New Zealand New Zealand9
  • Signode Norway AS Norway9
  • Signode Packaging (Qingdao) Co., Ltd. China9
  • Signode Packaging Iberia SL Spain9
  • Signode Packaging Ireland Limited Ireland9
  • Signode Packaging Systems GmbH Germany9
  • Signode Pickling Holding LLC Delaware9
  • Signode Poland sp. Z.o.o. Poland9
  • Signode Portugal LDA Portugal9
  • Signode Singapore Pte Ltd. Singapore9
  • Signode Slovakia s.r.o. Slovakia9
  • Signode Sweden AB Sweden9
  • Signode Switzerland GmbH Switzerland9
  • Signode System GmbH Germany9
  • Signode UK Ltd United Kingdom9
  • Signode US IP Holdings LLC Delaware9
  • Silice Del Istmo, S.A. DE C.V. Mexico9
  • Silices De Veracruz, S.A. DE C. V. Mexico9
  • Simplimatic Automation LLC Ohio9
  • Simplimatic Engineering Holdings, LLC Ohio9
  • Societe Civile Immobiliere Rousseau-Ivry France9
  • Société Civile Immobilière des Baquets France9
  • Strapex Srl Italy9
  • Superior Multi-Packaging Limited Singapore9
  • TopFrame LLC Delaware9
  • Vichisa, S.A. de C.V. Mexico9

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • CROWN HOLDINGS INCFeb 26, 2003 to Dec 8, 20237

Timeline

  1. Sep 4, 20268-K Executive or director change79
  2. Jul 20, 20268-K Results of operations80
  3. Apr 27, 20268-K Results of operations81
  4. Mar 31, 20268-K Executive or director change82
  5. Mar 23, 20268-K Entered a material agreement83
  6. Mar 4, 20268-K Executive or director change84
  7. Feb 4, 20268-K Results of operations85
  8. Nov 24, 20258-K Other events86
  9. Nov 19, 20258-K Other events87
  10. Nov 12, 20258-K Other events88
  11. Oct 20, 20258-K Results of operations89
  12. Oct 8, 20258-K Entered a material agreement; New debt or obligation90
  13. Jan 5, 2016New chief executive Timothy J. Donahue becomes CEO19
  14. Jan 5, 2006New chief executive John W. Conway becomes CEO20
  15. 1892Founded Founded1

Calendar

When it reported results

  1. Jul 20, 2026Reported quarterly or annual results80
  2. Apr 27, 2026Reported quarterly or annual results81
  3. Feb 4, 2026Reported quarterly or annual results85
  4. Oct 20, 2025Reported quarterly or annual results89
  5. Jul 21, 2025Reported quarterly or annual results91
  6. Apr 28, 2025Reported quarterly or annual results92
  7. Feb 5, 2025Reported quarterly or annual results93
  8. Oct 17, 2024Reported quarterly or annual results94

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

544 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 59 major events, 348 insider forms, 24 large holders, 93 other. The latest 20:

  1. Sep 4, 20268-K EDGAR
  2. Aug 6, 2026SCHEDULE 13G/A EDGAR
  3. Aug 4, 20264 FORM 4 - J. ROST EDGAR
  4. Aug 4, 20264 FORM 4 - D. NOVAES EDGAR
  5. Aug 4, 20264 FORM 4 - G. GAVIN EDGAR
  6. Jul 30, 202610-Q EDGAR
  7. Jul 30, 20264 FORM 4 - D. WILSON EDGAR
  8. Jul 30, 20264 FORM 4 - M. WILLIAMS EDGAR
  9. Jul 30, 20264 FORM 4 - C. SWEITZER EDGAR
  10. Jul 30, 20264 FORM 4 - A. SNYDER EDGAR
  11. Jul 30, 20264 FORM 4 - S. HAGGE EDGAR
  12. Jul 30, 20264 FORM 4 - B. CRAIG OWENS EDGAR
  13. Jul 30, 20264 FORM 4 - A. FUNK EDGAR
  14. Jul 30, 20264 FORM 4 - R. FEARON EDGAR
  15. Jul 30, 20264 FORM 4 - M. DOSS EDGAR
  16. Jul 28, 2026144 EDGAR
  17. Jul 27, 2026144 EDGAR
  18. Jul 22, 2026144 EDGAR
  19. Jul 21, 2026144 EDGAR
  20. Jul 20, 20268-K 2026 SECOND QUARTER EARNINGS RELEASE EDGAR

The 544 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

40 open-market trades by officers, directors and large owners since October 2021: 0 buys and 40 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 15, 2026DONAHUE TIMOTHY JPresident & CEOSale7,500$110.29$827.2KForm 4
Jun 23, 2026DONAHUE TIMOTHY JPresident & CEOSale15,000$105.00$1.6MForm 4
Apr 15, 2026DONAHUE TIMOTHY JPresident & CEOSale7,500$106.85$801.4KForm 4
Apr 8, 2026DONAHUE TIMOTHY JPresident & CEOSale7,500$105.00$787.5KForm 4
Feb 23, 2026NOVAES DJALMA JREVP & COOSale29,734$114.80$3.4MForm 4
Feb 20, 2026Gifford Gerard HEVP & CAOSale13,373$113.98$1.5MForm 4
Feb 18, 2026DONAHUE TIMOTHY JPresident & CEOSale7,500$110.67$830.0KForm 4
Jan 29, 2026DONAHUE TIMOTHY JPresident & CEOSale7,500$105.00$787.5KForm 4
Jan 5, 2026DONAHUE TIMOTHY JPresident & CEOSale29,024$105.00$3.0MForm 4
Dec 18, 2025DONAHUE TIMOTHY JPresident & CEOSale8,476$105.01$890.1KForm 4
Dec 16, 2025NOVAES DJALMA JREVP & COOSale19,754$101.02$2.0MForm 4
Aug 21, 2025DONAHUE TIMOTHY JPresident & CEOSale13,000$100.52$1.3MForm 4
Aug 20, 2025DONAHUE TIMOTHY JPresident & CEOSale37,000$100.56$3.7MForm 4
Jul 25, 2025Gifford Gerard HEVP & CAOSale8,222$102.93$846.3KForm 4
Jun 6, 2025Madeksza MattPresident - Transit PackagingSale1,500$99.00$148.5KForm 4
May 16, 2025Kalaus Christy L.VP & Corp ControllerSale2,130$99.41$211.7KForm 4
May 2, 2025Gifford Gerard HEVP & CAOSale7,000$97.00$679.0KForm 4
Nov 6, 2024DONAHUE TIMOTHY JPresident & CEOSale7,500$96.73$725.5KForm 4
Oct 23, 2024Gifford Gerard HEVP & CAOSale10,000$95.89$958.9KForm 4
Oct 7, 2024DONAHUE TIMOTHY JPresident & CEOSale7,500$93.00$697.5KForm 4

All 40 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Timothy DonahuePresident and Chief Executive Officer63$1.4M$17.5M102
2024Timothy DonahuePresident and Chief Executive Officer63$1.4M$13.6M102
2023Timothy DonahuePresident and Chief Executive Officer63$1.4M$11.9M102

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.16,963,315$1.9B0.0%+1,064,609
Fmr LLC6,591,708$737.1M0.0%−1,023,963
Vanguard Portfolio Management LLC5,341,312$597.3M0.0%−59,832
Vanguard Capital Management LLC5,054,200$565.2M0.0%−21,544
State Street Corp3,544,291$396.3M0.0%+53,211
Invesco Ltd.3,289,341$367.8M0.0%−326,434
Franklin Resources Inc3,025,512$338.3M0.1%+116,989
Aqr Capital Management LLC2,834,732$314.4M0.1%−1,170,035
Swedbank AB2,545,883$284.7M0.2%+4,700
Dimensional Fund Advisors LP2,327,996$260.3M0.0%+350,873
Two Sigma Investments, LP2,247,924$251.4M0.2%−242,093
Geode Capital Management, LLC2,209,262$247.1M0.0%−18,869
Fuller & Thaler Asset Management, Inc.1,952,978$218.4M0.6%+442,964
Morgan Stanley1,784,184$199.5M0.0%−248,202
Jpmorgan Chase & Co1,721,168$191.8M0.0%+113,109
Norges Bank1,420,714$158.9M0.0%New
Nordea Investment Management Ab1,366,420$152.7M0.1%−295,050
Jupiter Topco LLC1,264,157$141.4M0.1%New
Quantinno Capital Management LP1,185,455$132.6M0.2%+28,553
Metropolis Capital Ltd1,306,609$131.0M3.8%+470,631
Assenagon Asset Management S.A.1,078,078$120.6M0.1%New
Northern Trust Corp1,053,826$117.8M0.0%+11,935
Bank of New York Mellon Corp1,006,774$112.6M0.0%−153,201
Goldman Sachs Group Inc966,001$108.0M0.0%+38,943
Jacobs Levy Equity Management, Inc898,289$100.4M0.4%−151,953

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

24 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 23, 2025Val T. HoyleDemocratic, HouseSale$1,001 - $15,000−4.1%Report
May 8, 2025Thomas H. Kean, Jr.Republican, HousePartial sale$1,001 - $15,000+19.3%Report
Jan 7, 2025Thomas H. Kean, Jr.Republican, HouseBuy$1,001 - $15,000+11.0%Report
Oct 29, 2024Val T. HoyleDemocratic, HouseBuy$1,001 - $15,000−12.2%Report
Apr 19, 2023Thomas H. Kean, Jr.Republican, HouseBuy$1,001 - $15,000−43.2%Report
Nov 30, 2022Susie LeeDemocratic, HouseSale$1,001 - $15,000+50.5%Report
Oct 21, 2022Alan S. Lowenthal, HouseSale$15,001 - $50,000+70.2%Report
Oct 21, 2022Alan S. Lowenthal, HouseSale$999+70.2%Report
Aug 10, 2022Alan S. Lowenthal, HouseBuy$1,001 - $15,000−65.9%Report
Aug 3, 2022Kathy Manning, HouseSale$1,001 - $15,000+71.3%Report
Jul 20, 2022Kathy Manning, HouseBuy$1,001 - $15,000−73.8%Report
Mar 7, 2022Alan S. Lowenthal, HouseBuy$1,001 - $15,000−90.9%Report
Mar 4, 2022Alan S. Lowenthal, HouseBuy$1,001 - $15,000−86.8%Report
Jul 7, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−67.7%Report
Feb 16, 2021Peter Meijer, HouseSale$1,001 - $15,000+82.0%Report
Nov 26, 2019Susie LeeDemocratic, HousePartial sale$1,001 - $15,000+96.7%Report
Nov 21, 2019Susie LeeDemocratic, HousePartial sale$1,001 - $15,000+97.0%Report
Oct 17, 2019Thomas R. SuozziDemocratic, HouseSale$15,001 - $50,000+88.7%Report
Sep 24, 2019Thomas R. SuozziDemocratic, HouseSale$15,001 - $50,000+83.5%Report
Sep 24, 2019Thomas R. SuozziDemocratic, HousePartial sale$15,001 - $50,000+83.5%Report
Apr 11, 2019Thomas R. SuozziDemocratic, HousePartial sale$1,001 - $15,000+66.4%Report
Apr 8, 2019Thomas R. SuozziDemocratic, HousePartial sale$1,001 - $15,000+63.5%Report
Oct 15, 2018Thomas R. SuozziDemocratic, HouseBuy$50,001 - $100,000−35.8%Report
Oct 2, 2018Thomas R. SuozziDemocratic, HouseBuy$50,001 - $100,000−30.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Crown Holdings is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCROWN HOLDINGS, INC.2
  • CIK0001219601
  • Employer ID (EIN)75-309950718
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inPennsylvania18
  • Fiscal year endsDecember 312
  • Industry code (SIC)3411 Metal Cans2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address14025 Riveredge Drive, Suite 300, Tampa, FL 336372
  • Phone21569851002
  • Shares outstanding108,760,511 as of Jul 28, 202616
  • Public float$11.9B as of Jun 30, 202518
  • AuditorPricewaterhouseCoopers LLP, Philadelphia, PA PCAOB ID 238; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceFeb 26, 20032
  • Filings2,321 in all: 4 (1,490), 8-K (247), 10-Q (71), SC 13G/A (57), 11-K (48), 144 (43), UPLOAD (42), CORRESP (38)2
    All 42 form types

    3 (37), 5 (28), 10-K (24), DEF 14A (24), 4/A (23), SC 13G (17), ARS (15), SD (13), 424B3 (9), S-4 (9), S-4/A (9), S-8 POS (9), S-8 (8), 8-K/A (7), EFFECT (7), 10-Q/A (6), NO ACT (6), SCHEDULE 13G/A (5), 3/A (4), DEFA14A (4), 10-K/A (3), SC 13D/A (3), 11-K/A (2), 144/A (2), SCHEDULE 13G (2), 25-NSE (1), 5/A (1), 8-A12B (1), 8-A12B/A (1), 8-K12G3 (1), NT 10-Q (1), PRE 14A (1), SC 13D (1), SD/A (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Mar 23, 2026
    Latest 8-K (8-K) Sep 4, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock $5.00 Par ValueCCKNew York Stock Exchange
7 1/2% Debentures Due 2096CCK96New York Stock Exchange

From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Crown Holdings names in Item 1A of its 10-K filed Feb 27, 2026: 35 risks under these headings, as written.18

  • The Company’s profits will decline if the price of raw materials or energy rises and it cannot increase the price of its products, and the Company’s financial results could be adversely affected if the Company was not able to obtain sufficient quantities of raw materials.
  • The Company’s principal markets may be subject to overcapacity and intense competition, which could reduce the Company’s net sales and net income.
  • The Company is subject to competition from substitute products and decreases in demand for its products, which could result in lower profits and reduced cash flows.
  • The Company’s business results depend on its ability to understand its customers’ specific preferences and requirements, and to develop, manufacture and market products that meet customer demand.
  • Loss of third-party transportation providers upon whom the Company depends or increases in fuel prices could increase the Company’s costs or cause a disruption in the Company’s operations.
  • The Company’s business is seasonal and weather conditions could reduce the Company’s net sales.
  • The Company has a significant amount of goodwill that, if impaired in the future, would result in lower reported net income and a reduction of its net worth.
  • A significant portion of the Company’s workforce is unionized and labor disruptions could increase the Company’s costs and prevent the Company from supplying its customers.
  • Failure by the Company’s joint venture partners to observe their obligations could adversely affect the business and operations of the joint ventures and, in turn, the business and operations of the Company.
  • The loss of the Company’s intellectual property rights may negatively impact its ability to compete.
  • Business interruptions at the Company’s facilities could adversely impact the Company’s operations and financial results.
  • The Company’s international operations, which generated approximately 61% of its consolidated net sales in 2025, are subject to various risks that may lead to decreases in its financial results, particularly in the case of the Company’s operations in emerging markets.
The other 23 risks
  • The Company is subject to the effects of fluctuations in foreign exchange rates, which may reduce its net sales and cash flow.
  • The indebtedness of the Company could prevent it from fulfilling its obligations under its debt agreements.
  • Some of the Company’s indebtedness is subject to floating interest rates, which would result in the Company’s interest expense increasing if interest rates rise.
  • Restrictive covenants in the debt agreements governing the Company’s current or future indebtedness could restrict the Company’s operating flexibility.
  • Notwithstanding the Company’s current indebtedness levels and restrictive covenants, the Company may still be able to incur substantial additional debt or make certain restricted payments, which could exacerbate the risks described above.
  • The Company’s senior secured credit facilities provide that certain change of control events constitute an event of default. In the event of a change of control, the Company may not be able to satisfy all of its obligations under the senior secured credit facilities or other indebtedness.
  • The Company is subject to certain restrictions that may limit its ability to make payments on its debt out of the cash reserves shown on the Company’s consolidated financial statements.
  • The Company has pension plan obligations worldwide and unfunded postretirement obligations, which could reduce its cash flow and negatively impact its results of operations and its financial condition.
  • The Company is subject to litigation risks which could negatively impact its operations and net income.
  • Pending and future asbestos litigation and payments to settle asbestos-related claims could reduce the Company’s cash flow and negatively impact its financial condition.
  • The Company is subject to costs and liabilities related to stringent environmental and health and safety standards.
  • Climate change and evolving laws, regulations and market trends in response to climate change could adversely affect the business and operations of the Company.
  • The Company may experience significant negative effects to its business as a result of new federal, state or local taxes, increases to current taxes or other governmental regulations specifically targeted to decrease the consumption of certain types of beverages.
  • Demand for the Company’s products could be affected by changes in laws and regulations applicable to food and beverages and changes in consumer preferences.
  • Changes in accounting standards, taxation requirements and other law could negatively affect the Company’s financial results.
  • The loss of a major customer and/or customer consolidation could reduce the Company’s net sales and profitability.
  • The Company may not be able to manage its anticipated growth, and it may experience constraints or inefficiencies caused by unanticipated acceleration and deceleration of customer demand.
  • Acquisitions, dispositions or investments that the Company is considering, has pursued or may pursue could be unsuccessful, consume significant resources and require the incurrence of additional indebtedness.
  • If the Company fails to retain key management and personnel, the Company may be unable to implement its business plan.
  • The Company relies on its information technology, and potential cyber-attack, data breach or other failure or disruption of its information technology could disrupt its operations and adversely affect its results of operations.
  • The Company’s reliance on third-party cloud infrastructure and its use of artificial intelligence technologies create operational, security, and compliance risks.
  • Sentiment towards climate change, sustainability and other ESG matters could adversely affect the Company’s business, financial condition or results of operations.
  • If the Company fails to maintain an effective system of internal control, the Company may not be able to accurately report financial results or prevent fraud.

Legal proceedings

Crown Cork is one of many defendants in a substantial number of lawsuits filed throughout the U.S. by persons alleging bodily injury as a result of exposure to asbestos. These claims arose from the insulation operations of a U.S. company, the majority of whose stock Crown Cork purchased in 1963. Approximately ninety days after the stock purchase, this U.S. company sold its insulation assets and was later merged into Crown Cork. At December 31, 2025, the accrual for pending and future asbestos claims and related legal costs that are probable and estimable was $177 million.

The Company has been identified by the EPA as a potentially responsible party (along with others, in most cases) at a number of sites.

Further information on these matters and other legal proceedings is presented within “Management’s Discussion and Analysis of Financial Condition and Results of Operations” under the captions “Provision for Asbestos” and “Environmental Matters,” within the risk factor titled "The Company is subject to litigation risks which could negatively impact its operations and net income" and under Note P and Note Q to the consolidated financial statements.

The opening of Item 3, Legal Proceedings.18

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