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Crown Holdings

CCK
41
Packaging & Containers · Consumer Cyclical
Price
$117.21
+0.19 (+0.16%)
Market Cap
$13.10B
Winston Score
41
Winston is serious
Mixed quality — meaningful strengths and weaknesses.

Share count falling — buybacks

11.2% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 130.4M (2021) → 115.7M (2025)

Crown Holdings makes metal cans and other packaging used to hold beverages, food, and household products. Its main customers are large consumer brands like beer brewers, soft drink companies, and food manufacturers. Crown is one of the largest metal can producers in the world, supplying packaging that keeps products fresh and protected on store shelves.

Crown earns money by selling billions of cans and other metal containers each year to its corporate customers under long-term supply contracts. The company operates across North America, Europe, Asia, and other regions, giving it a broad global footprint. Its competitive edge comes from its massive manufacturing scale and those long-term contracts, which create steady, predictable revenue. The main risk Crown faces is rising raw material costs, particularly aluminum and steel, since higher input prices can squeeze its profit margins if it cannot pass those costs along to customers quickly enough.

Winston Score History

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0 Congressional buys and 1 sell on CCK in the last 12 months.

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+12.9% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

-5.5% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

Declining (-100% vs prior year)

0.0% of revenue

Below sector average (4%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

1.0%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~15 months

$695M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Growth context

Crown Holdings is growing revenue at 13% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
19.8%
Thin — 19.8% gross margin
Operating Margin
11.2%
Modest — 11.2% operating margin
ROCE
4.0%
Weak — 4.0% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales YoY
+7.0%
Slow sales growth (7.0% YoY)
EPS YoY
+35.4%
Earnings growing fast (35.4% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Cash Conversion
201%
Turns 201% of profit into real cash
FCF Margin
7.7%
Modest free cash flow (7.7%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

Debt / Equity
2.16
Heavy debt load (2.16)
Interest Cover
4.13x
Adequate interest coverage (4.1x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

P/E Ratio (TTM)
18.6x
Fair value — P/E 18.6

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

P/E vs Forward
+4.6
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (18.6 → 14.0)

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Dividends

Dividend Yield
1.08%
Small dividend — 1.08% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
+19.6%
Dividend growing fast (19.6% YoY)

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