Tearsheet

Crown (CCK)


Market Price (5/4/2026): $100.16 | Market Cap: $11.2 Bil
Sector: Materials | Industry: Paper & Plastic Packaging Products & Materials

Crown (CCK)


Market Price (5/4/2026): $100.16
Market Cap: $11.2 Bil
Sector: Materials
Industry: Paper & Plastic Packaging Products & Materials

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.3%, FCF Yield is 8.9%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%

Low stock price volatility
Vol 12M is 24%

Megatrend and thematic drivers
Megatrends include Circular Economy & Recycling, Sustainable Consumption, and Vegan & Alternative Foods. Themes include Sustainable Packaging Materials, Show more.

Weak multi-year price returns
2Y Excs Rtn is -15%, 3Y Excs Rtn is -50%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 52%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.1%

Key risks
CCK key risks include [1] its "number two" market position behind a dominant leader, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.3%, FCF Yield is 8.9%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 24%
3 Megatrend and thematic drivers
Megatrends include Circular Economy & Recycling, Sustainable Consumption, and Vegan & Alternative Foods. Themes include Sustainable Packaging Materials, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -15%, 3Y Excs Rtn is -50%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 52%
6 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.1%
7 Key risks
CCK key risks include [1] its "number two" market position behind a dominant leader, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Crown (CCK) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. Deterioration in Reported Earnings and Operating Cash Flow in Q1 2026. Despite exceeding analyst estimates for adjusted EPS and revenue in Q1 2026, Crown Holdings reported a diluted earnings per share of $1.56, a decrease from $1.65 in the prior year quarter. Furthermore, cash from operating activities swung to a negative $54 million outflow, compared to a $14 million inflow in Q1 2025, primarily due to working capital changes. This, along with rising capital expenditures to $87 million from $33 million, indicated increased investment and a strain on short-term cash generation.

2. Persistent Input Cost Pressures and Geopolitical Headwinds. Crown experienced ongoing challenges with higher input costs, particularly in North America, which were not fully recovered through contractual pricing, negatively impacting segment income. The company also explicitly stated that the Middle East conflict is expected to create a $0.10 per share headwind for the full year 2026 due to increased costs related to ocean freight, energy, and direct materials, signaling sustained macroeconomic pressures. Margins in the transit packaging segment were also down as input cost inflation outpaced price recovery.

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Stock Movement Drivers

Fundamental Drivers

The -4.0% change in CCK stock from 1/31/2026 to 5/3/2026 was primarily driven by a -27.5% change in the company's Net Income Margin (%).
(LTM values as of)13120265032026Change
Stock Price ($)104.33100.15-4.0%
Change Contribution By: 
Total Revenues ($ Mil)12,14112,7374.9%
Net Income Margin (%)7.8%5.7%-27.5%
P/E Multiple12.715.622.6%
Shares Outstanding (Mil)1151122.9%
Cumulative Contribution-4.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/3/2026
ReturnCorrelation
CCK-4.0% 
Market (SPY)3.6%43.5%
Sector (XLB)4.7%63.5%

Fundamental Drivers

The 3.7% change in CCK stock from 10/31/2025 to 5/3/2026 was primarily driven by a 32.4% change in the company's P/E Multiple.
(LTM values as of)103120255032026Change
Stock Price ($)96.60100.153.7%
Change Contribution By: 
Total Revenues ($ Mil)12,14112,7374.9%
Net Income Margin (%)7.8%5.7%-27.5%
P/E Multiple11.815.632.4%
Shares Outstanding (Mil)1151122.9%
Cumulative Contribution3.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/3/2026
ReturnCorrelation
CCK3.7% 
Market (SPY)5.5%30.0%
Sector (XLB)21.0%56.7%

Fundamental Drivers

The 5.1% change in CCK stock from 4/30/2025 to 5/3/2026 was primarily driven by a 57.3% change in the company's Net Income Margin (%).
(LTM values as of)43020255032026Change
Stock Price ($)95.26100.155.1%
Change Contribution By: 
Total Revenues ($ Mil)11,80112,7377.9%
Net Income Margin (%)3.6%5.7%57.3%
P/E Multiple26.615.6-41.4%
Shares Outstanding (Mil)1181125.6%
Cumulative Contribution5.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/3/2026
ReturnCorrelation
CCK5.1% 
Market (SPY)30.4%25.1%
Sector (XLB)24.8%47.4%

Fundamental Drivers

The 20.8% change in CCK stock from 4/30/2023 to 5/3/2026 was primarily driven by a 17.6% change in the company's Net Income Margin (%).
(LTM values as of)43020235032026Change
Stock Price ($)82.87100.1520.8%
Change Contribution By: 
Total Revenues ($ Mil)12,75512,737-0.1%
Net Income Margin (%)4.8%5.7%17.6%
P/E Multiple16.115.6-3.3%
Shares Outstanding (Mil)1191126.4%
Cumulative Contribution20.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/3/2026
ReturnCorrelation
CCK20.8% 
Market (SPY)78.7%36.0%
Sector (XLB)35.2%52.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CCK Return11%-25%13%-9%26%-4%4%
Peers Return3%-11%-6%-1%3%4%-8%
S&P 500 Return27%-19%24%23%16%5%92%

Monthly Win Rates [3]
CCK Win Rate58%42%58%50%67%50% 
Peers Win Rate52%43%43%47%53%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
CCK Max Drawdown-14%-39%-7%-22%-5%-4% 
Peers Max Drawdown-9%-26%-25%-10%-18%-4% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BALL, SLGN, AMBP, AMCR, SON. See CCK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)

How Low Can It Go

EventCCKS&P 500
2025 US Tariff Shock
  % Loss-10.9%-18.8%
  % Gain to Breakeven12.3%23.1%
  Time to Breakeven16 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-19.6%-9.5%
  % Gain to Breakeven24.5%10.5%
  Time to Breakeven336 days24 days
2023 SVB Regional Banking Crisis
  % Loss-10.8%-6.7%
  % Gain to Breakeven12.1%7.1%
  Time to Breakeven14 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-36.8%-24.5%
  % Gain to Breakeven58.3%32.4%
  Time to Breakeven977 days427 days
2020 COVID-19 Crash
  % Loss-44.7%-33.7%
  % Gain to Breakeven80.7%50.9%
  Time to Breakeven163 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-20.0%-19.2%
  % Gain to Breakeven24.9%23.7%
  Time to Breakeven37 days105 days

Compare to BALL, SLGN, AMBP, AMCR, SON

In The Past

Crown's stock fell -10.9% during the 2025 US Tariff Shock. Such a loss loss requires a 12.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCCKS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-36.8%-24.5%
  % Gain to Breakeven58.3%32.4%
  Time to Breakeven977 days427 days
2020 COVID-19 Crash
  % Loss-44.7%-33.7%
  % Gain to Breakeven80.7%50.9%
  Time to Breakeven163 days140 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-24.9%-17.9%
  % Gain to Breakeven33.1%21.8%
  Time to Breakeven487 days123 days
2008-2009 Global Financial Crisis
  % Loss-46.3%-53.4%
  % Gain to Breakeven86.3%114.4%
  Time to Breakeven298 days1085 days

Compare to BALL, SLGN, AMBP, AMCR, SON

In The Past

Crown's stock fell -10.9% during the 2025 US Tariff Shock. Such a loss loss requires a 12.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Crown (CCK)

Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food and beverage industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers other consumer products, glass bottles for beverage products, steel crowns, aluminum caps, steel strap, plastic strap, industrial film, and other related products, as well as equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply industrial solutions consumables. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania.

AI Analysis | Feedback

  • Crown (CCK) is like Corning for packaging.
  • Crown (CCK) is like International Paper, but for metal cans and glass bottles too.

AI Analysis | Feedback

  • Steel and Aluminum Cans: Packaging containers primarily for the food and beverage industries.
  • Industrial Strapping Products: Consumables like steel and plastic straps, along with the equipment to apply them, used for securing industrial goods.
  • Paper-based Protective Packaging: Materials designed to protect various industrial products during transit and storage.
  • Plastic Film Products: Consumable films and associated equipment used in industrial packaging applications.
  • Glass Bottles: Container products specifically manufactured for the beverage industry.
  • Closures (Steel Crowns and Aluminum Caps): Sealing components, such as steel crowns and aluminum caps, used for beverage packaging.
  • Packaging Equipment and Tools: A range of manual, semi-automatic, and automatic machinery and tools for applying industrial packaging solutions.

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Timothy J. Donahue, Chairman of the Board, President and Chief Executive Officer

Mr. Donahue was appointed CEO of Crown Holdings, Inc. in 2016 and has served as a member of the Board since 2015, becoming Chairman in 2022. He has over 34 years of experience with the company, having previously held positions as Chief Operating Officer (from 2013), Chief Financial Officer (2008-2013), Senior Vice President – Finance (2000-2008), and Vice President – Corporate Controller (1991-2000). During his leadership roles, he has overseen significant strategic transactions, including the $3.9 billion acquisition of Signode and the $2.7 billion sale of a majority stake in the company's European Tinplate business, now known as Eviosys. Mr. Donahue holds a Bachelor of Science degree in Accounting from Villanova University.

Kevin C. Clothier, Senior Vice President and Chief Financial Officer

Mr. Clothier assumed the role of Senior Vice President and Chief Financial Officer for Crown Holdings, Inc. on January 1, 2022. He joined the company in 1993 and previously served as Vice President & Treasurer (since 2015) and Vice President and Corporate Controller.

Gerard H. Gifford, Executive Vice President and Chief Administrative Officer

Mr. Gifford was promoted to Executive Vice President and Chief Administrative Officer, effective July 1, 2025, and is expected to retire in early 2026. Prior to this, he served as Executive Vice President and Chief Operating Officer since 2017. With over 35 years at Crown, having joined in 1983, Mr. Gifford's previous roles include President CROWN Europe (from 2012) and President CROWN Beverage Packaging North America (from 2008). He led the European Division through a major transformation, which involved the acquisition and integration of Mivisa, the establishment of a pan-European management structure, and the divestiture of a portion of the specialty packaging business. Mr. Gifford holds a Bachelor of Science degree in Mechanical and Industrial Engineering from Clarkson University and is an alumnus of the Advanced Management Program at Harvard University's School of Business.

Djalma Novaes, Jr., Executive Vice President and Chief Operating Officer

Mr. Novaes, Jr. was promoted to Executive Vice President and Chief Operating Officer, effective July 1, 2025. He joined Crown in 1998 and has served as President of the company's Americas Division since 2015, where he significantly strengthened its competitive position and more than doubled segment income. His previous positions include President of Crown's operations in Brazil and Vice President of Operations for the North American Beverage can business. Mr. Novaes holds a Bachelor of Science in Mechanical Engineering from Pontifícia Universidade Católica do Rio de Janeiro and an MBA from Fundação Getúlio Vargas in São Paulo.

Adam J. Dickstein, Senior Vice President, General Counsel and Secretary

Mr. Dickstein serves as Senior Vice President, General Counsel, and Corporate Secretary at Crown Holdings, Inc., a role he has held since July 2007. Before joining Crown, he operated his own legal practice, the Law Offices of Adam J. Dickstein, from February 2001 to July 2007, providing outsourced general counsel services for international business transactions. His career also includes experience as Assistant General Counsel at ARAMARK Corporation, where he advised the international and US campus services divisions. Mr. Dickstein held associate positions at Dechert and Arent Fox, focusing on corporate law and international business transactions, and spent time working in Budapest, Hungary. He earned a Juris Doctor degree from the University of Michigan Law School and a Bachelor of Arts in Political Science from the University of Pennsylvania.

AI Analysis | Feedback

The key risks to Crown Holdings, Inc. (CCK) include:

  1. Raw Material Price Volatility and Inflation: Crown Holdings, Inc. faces significant exposure to fluctuations in the prices of key raw materials, primarily aluminum and steel, which constitute a substantial portion of its cost of goods sold. Inflationary pressures, including higher interest rates and energy prices, also pose a risk to the company's financial performance.
  2. Intense Competition and Market Overcapacity: The company operates in a highly competitive global market, particularly for standardized products like beverage and food cans, where product differentiation is limited. This intense competition can lead to pricing pressures and potential erosion of market share and profitability. Furthermore, the risk of industry overcapacity, driven by expansion efforts from major players, could exacerbate pricing pressures and negatively impact margins.
  3. Significant Debt Load: Crown Holdings, Inc. manages a substantial debt load, a common characteristic for a major industrial company with high capital expenditure needs for its global footprint and expansion of manufacturing capacity. While the company has focused on reducing its net leverage, this significant debt level remains a key financial risk.

AI Analysis | Feedback

The emerging threat for Crown (CCK) is the increasing adoption of **reusable and refillable packaging systems** by consumers and consumer goods companies. This shift represents a fundamental change in the packaging consumption model, moving away from single-use packaging (which CCK primarily manufactures) towards a circular economy where packaging is designed to be returned, refilled, or reused multiple times. If these systems achieve widespread adoption, they would directly reduce the overall demand for new, disposable packaging products, thereby threatening CCK's core business model that relies on high-volume production of single-use items.

AI Analysis | Feedback

Crown Holdings, Inc. (CCK) participates in several significant addressable markets for its packaging products and services across various global regions.

Consumer Goods Packaging

  • Food and Beverage Metal Cans (Steel and Aluminum): The global food and beverage metal cans market was estimated at approximately USD 50.50 billion in 2024 and is projected to reach around USD 99.71 billion by 2034. North America held the largest share of this market in 2024. More specifically, the global food cans market size is projected to reach USD 35.86 billion by 2031.
  • Glass Bottles for Beverage Products: The global glass beverage bottle market size was valued at USD 76.70 billion in 2026 and is expected to reach USD 120.87 billion by 2035. Asia-Pacific dominates this market with approximately a 46% global market share, while North America represents around 19%.
  • Steel Crowns and Aluminum Caps (Metal Closures): The broader global metal packaging market, which includes caps and closures, was valued at USD 141.70 billion in 2025 and is anticipated to reach USD 207.74 billion by 2035.

Industrial Products Packaging

  • Industrial Packaging (Overall): The global industrial packaging market size was estimated at USD 78.44 billion in 2025 and is expected to reach USD 124.97 billion by 2033. The U.S. industrial packaging market is expected to reach USD 25.33 billion by 2032. Asia Pacific led the global industrial packaging market with over 38.33% revenue share in 2025.
  • Steel Strap Consumables and Equipment: The global steel strapping market size was valued at USD 1.56 billion in 2025 and is projected to surpass USD 2.57 billion by 2035. Asia Pacific is the largest region for metal strapping and is expected to hold a 34% share of the global steel strapping market by 2035.
  • Plastic Strap Consumables and Equipment: The global plastic straps market size was valued at USD 4.39 billion in 2024 and is expected to reach USD 18.01 billion by 2032. North America dominated the plastic straps market with the largest market share of 41% in 2024.
  • Paper-Based Protective Packaging: The global protective packaging market, which includes paper-based solutions, was valued at USD 34.7 billion in 2024 and is estimated to grow to USD 62.7 billion by 2034. Asia Pacific held the largest revenue share of nearly 43.0% in 2024.
  • Plastic Film Consumables and Equipment (Industrial Films): The global industrial films market size is estimated at USD 47.89 billion in 2025 and is forecasted to reach around USD 74.20 billion by 2034. In 2024, Asia Pacific dominated the industrial film market with a revenue share of 41%.

AI Analysis | Feedback

Crown Holdings, Inc. (CCK) is expected to experience future revenue growth over the next 2-3 years driven by several key factors:

  • Increased Global Beverage Can Volumes: The company anticipates continued growth in global beverage can unit volumes, with Europe, for example, projected to see mid-single-digit volume gains in 2026. This growth is bolstered by ongoing capital expenditures aimed at expanding capacity and upgrading facilities in strategic markets such as Brazil, Greece, and Spain, with the volume impact from these projects largely expected in 2027.
  • Strong Food Can Demand: Crown Holdings expects further gains in 2026, largely driven by robust demand within the food can segment.
  • Leveraging Sustainability Trends: Crown Holdings is strategically positioned to capitalize on the increasing global consumer shift towards eco-friendly and sustainable aluminum packaging. The company highlights its ability to meet customer demands for effective and sustainable packaging solutions.
  • Pass-Through of Higher Raw Material Costs: The company has historically demonstrated its ability to pass through higher raw material costs to customers, which contributes to increased net sales. This mechanism continues to be a factor in revenue figures.

AI Analysis | Feedback

Share Repurchases

  • Crown Holdings, Inc. authorized a new share repurchase program of up to $2.0 billion through the end of 2027, superseding a previous authorization, as announced on July 29, 2024.
  • In 2025, the company returned $625 million to shareholders, with $505 million allocated to share repurchases.
  • Over the last five years, Crown Holdings has significantly reduced its share count by 15.2% through stock repurchases.

Share Issuance

  • The company's outstanding shares have consistently decreased over the past few years, with 2025 shares outstanding at 0.116 billion, representing a 3.09% decline from 2024.

Capital Expenditures

  • Capital expenditures for Crown Holdings peaked at $839 million in 2022, primarily driven by investments in beverage can manufacturing capacity expansion.
  • In 2025, capital spending was approximately $400 million.
  • The company anticipates capital expenditures to be approximately $550 million in 2026, primarily focused on capacity expansions and facility upgrades in Brazil, Greece, and Spain.

Better Bets vs. Crown (CCK)

Trade Ideas

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CCK_2292024_Dip_Buyer_FCFYield02292024CCKCrownDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CCKBALLSLGNAMBPAMCRSONMedian
NameCrown Ball Silgan Ardagh M.Amcor Sonoco P. 
Mkt Price100.1561.3339.723.9437.7550.0644.89
Mkt Cap11.216.44.22.43.55.04.6
Rev LTM12,73713,1616,4835,73319,6097,48610,111
Op Inc LTM1,6401,3906592581,6537121,051
FCF LTM995788423209805217605
FCF 3Y Avg964412379248797287396
CFO LTM1,4621,2627304131,601530996
CFO 3Y Avg1,4521,0806454751,399647863

Growth & Margins

CCKBALLSLGNAMBPAMCRSONMedian
NameCrown Ball Silgan Ardagh M.Amcor Sonoco P. 
Rev Chg LTM7.0%11.6%10.7%13.9%44.8%31.2%12.7%
Rev Chg 3Y Avg0.1%-0.1%0.6%7.1%11.7%10.4%3.9%
Rev Chg Q12.9%16.2%4.1%18.6%68.1%-1.9%14.6%
QoQ Delta Rev Chg LTM3.0%3.7%0.9%4.3%12.7%-0.4%3.3%
Op Inc Chg LTM3.2%17.5%14.5%14.2%18.5%55.9%16.0%
Op Inc Chg 3Y Avg10.5%8.3%0.2%53.2%3.8%9.5%8.9%
Op Mgn LTM12.9%10.6%10.2%4.5%8.4%9.5%9.8%
Op Mgn 3Y Avg12.6%10.1%10.0%3.5%9.3%9.0%9.7%
QoQ Delta Op Mgn LTM-0.4%-0.2%0.2%0.1%-0.4%0.0%-0.1%
CFO/Rev LTM11.5%9.6%11.3%7.2%8.2%7.1%8.9%
CFO/Rev 3Y Avg12.0%8.7%10.5%9.3%9.0%11.4%9.9%
FCF/Rev LTM7.8%6.0%6.5%3.6%4.1%2.9%5.0%
FCF/Rev 3Y Avg7.9%3.2%6.2%4.8%5.2%5.2%5.2%

Valuation

CCKBALLSLGNAMBPAMCRSONMedian
NameCrown Ball Silgan Ardagh M.Amcor Sonoco P. 
Mkt Cap11.216.44.22.43.55.04.6
P/S0.91.20.60.40.20.70.7
P/Op Inc6.811.86.49.12.17.06.9
P/EBIT7.211.37.011.32.85.07.1
P/E15.617.914.5214.15.94.915.1
P/CFO7.713.05.75.72.29.46.7
Total Yield7.6%6.9%8.9%11.1%47.7%24.6%10.0%
Dividend Yield1.2%1.3%2.0%10.6%30.7%4.2%3.1%
FCF Yield 3Y Avg9.3%2.6%7.8%12.3%18.3%5.2%8.6%
D/E0.60.41.01.94.61.01.0
Net D/E0.50.40.81.84.31.00.9

Returns

CCKBALLSLGNAMBPAMCRSONMedian
NameCrown Ball Silgan Ardagh M.Amcor Sonoco P. 
1M Rtn-2.5%2.3%0.6%-3.7%-5.5%-8.7%-3.1%
3M Rtn-4.0%8.2%-7.5%-8.1%-13.6%5.3%-5.8%
6M Rtn3.7%31.4%3.9%16.2%-1.7%26.2%10.1%
12M Rtn4.5%20.5%-26.3%20.0%-14.2%17.2%10.8%
3Y Rtn22.2%7.9%-11.7%44.9%-13.4%-4.6%1.6%
1M Excs Rtn-13.5%-8.4%-10.2%-14.1%-17.2%-19.2%-13.8%
3M Excs Rtn-8.2%4.0%-11.7%-12.3%-17.8%1.1%-9.9%
6M Excs Rtn0.6%24.3%-1.1%8.4%-7.8%24.0%4.5%
12M Excs Rtn-24.7%-10.0%-51.5%-11.8%-42.9%-2.0%-18.2%
3Y Excs Rtn-49.7%-53.4%-92.3%-23.3%-95.7%-83.1%-68.3%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Metal beverage cans and ends7,8997,5148,0966,9825,716
Transit packaging2,1072,2562,5452,5302,018
Metal food cans and ends8871,0131,099789733
Other products461701598580451
Other metal packaging447526605513474
Total11,80112,01012,94311,3949,392


Price Behavior

Price Behavior
Market Price$100.15 
Market Cap ($ Bil)11.4 
First Trading Date12/18/1984 
Distance from 52W High-13.5% 
   50 Days200 Days
DMA Price$105.18$100.98
DMA Trendindeterminatedown
Distance from DMA-4.8%-0.8%
 3M1YR
Volatility29.4%24.0%
Downside Capture0.540.22
Upside Capture55.3634.17
Correlation (SPY)43.2%25.2%
CCK Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.511.210.850.590.480.61
Up Beta1.761.601.150.760.700.69
Down Beta-1.941.141.170.480.540.60
Up Capture48%54%52%57%24%23%
Bmk +ve Days15223166141428
Stock +ve Days9162864123377
Down Capture255%153%76%56%46%81%
Bmk -ve Days4183056108321
Stock -ve Days13273661128375

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CCK
CCK5.2%23.9%0.15-
Sector ETF (XLB)24.9%16.4%1.1847.4%
Equity (SPY)30.6%12.5%1.8825.1%
Gold (GLD)39.5%27.2%1.203.9%
Commodities (DBC)51.5%17.9%2.20-16.3%
Real Estate (VNQ)13.1%13.5%0.6734.1%
Bitcoin (BTCUSD)-17.1%42.2%-0.335.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CCK
CCK-0.8%28.9%-0.00-
Sector ETF (XLB)6.4%18.9%0.2355.6%
Equity (SPY)12.8%17.1%0.5945.2%
Gold (GLD)20.5%17.9%0.947.9%
Commodities (DBC)14.3%19.1%0.618.7%
Real Estate (VNQ)3.5%18.8%0.0942.2%
Bitcoin (BTCUSD)7.7%56.2%0.3515.9%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CCK
CCK6.9%29.3%0.28-
Sector ETF (XLB)10.3%20.6%0.4464.1%
Equity (SPY)14.9%17.9%0.7159.3%
Gold (GLD)13.6%15.9%0.718.0%
Commodities (DBC)9.7%17.7%0.4619.4%
Real Estate (VNQ)5.7%20.7%0.2454.0%
Bitcoin (BTCUSD)67.7%66.9%1.0714.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity5.3 Mil
Short Interest: % Change Since 33120263.9%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest4.5 days
Basic Shares Quantity112.0 Mil
Short % of Basic Shares4.7%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/4/2026-0.9%-3.3%-8.2%
10/20/20255.5%4.9%1.1%
7/21/20250.3%-3.1%-4.1%
4/28/20258.0%8.3%9.3%
2/5/20252.6%3.8%7.8%
10/17/20244.2%1.4%-4.0%
7/22/20248.9%12.0%13.7%
4/29/20241.2%2.7%1.5%
...
SUMMARY STATS   
# Positive171615
# Negative678
Median Positive3.7%4.4%7.6%
Median Negative-5.7%-3.3%-4.2%
Max Positive8.9%12.0%16.3%
Max Negative-16.8%-19.3%-14.0%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/01/202610-Q
12/31/202502/27/202610-K
09/30/202510/30/202510-Q
06/30/202507/29/202510-Q
03/31/202505/02/202510-Q
12/31/202403/03/202510-K
09/30/202411/01/202410-Q
06/30/202407/29/202410-Q
03/31/202405/06/202410-Q
12/31/202302/27/202410-K
09/30/202310/30/202310-Q
06/30/202307/28/202310-Q
03/31/202304/28/202310-Q
12/31/202202/27/202310-K
09/30/202211/01/202210-Q
06/30/202208/01/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 EPS1.71.751.82.9% Higher NewGuidance: 1.7 for Q4 2025
2026 EPS7.98.18.34.5% RaisedGuidance: 7.75 for 2025
2026 Free Cash Flow 900.00 Mil -10.0% LoweredGuidance: 1.00 Bil for 2025
2026 Capital Expenditures 550.00 Mil 37.5% RaisedGuidance: 400.00 Mil for 2025

Prior: Q3 2025 Earnings Reported 10/20/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 EPS1.651.71.75-15.0%-30.0%Lower NewGuidance: 2 for Q3 2025
2025 EPS7.77.757.86.2%45.0%RaisedGuidance: 7.3 for 2025
2025 Free Cash Flow 1.00 Bil 11.1% RaisedGuidance: 900.00 Mil for 2025
2025 Capital Expenditures 400.00 Mil -11.1% LoweredGuidance: 450.00 Mil for 2025

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Donahue, Timothy JPresident & CEODirectSell4152026106.857,500801,37548,196,830Form
2Donahue, Timothy JPresident & CEODirectSell4092026105.007,500787,50048,149,850Form
3Novaes, Djalma JREVP & COODirectSell2242026114.8029,7343,413,46310,108,370Form
4Donahue, Timothy JPresident & CEODirectSell2192026110.677,500830,02552,539,033Form
5Donahue, Timothy JPresident & CEODirectSell1302026105.007,500787,50050,634,780Form