Crown Holdings Reports Q2 2025 Revenue Increase to $3.149 Billion

Crown Holdings, Inc. reported a notable increase in financial performance for the second quarter of 2025, with net sales reaching $3.149 billion, up from $3.040 billion in the same period last year. For the first half of 2025, the company generated $6.036 billion in revenue, compared to $5.824 billion in the first half of 2024. The increase in revenue was primarily driven by higher beverage and food can volumes in North America and Europe, as well as the pass-through of increased material costs. Net income attributable to Crown Holdings for the second quarter was $181 million, or $1.57 per share, compared to $174 million, or $1.45 per share, in the prior year.

The company experienced significant operational changes, including a strategic focus on expanding its manufacturing capabilities. In May 2025, Crown Holdings announced plans to add a new high-speed production line at its beverage can plant in Ponta Grossa, Brazil, expected to commence production in the third quarter of 2026. This expansion aligns with the company's strategy to meet growing global demand for beverage cans, which has been bolstered by consumer preferences for sustainable packaging solutions. Additionally, the company has invested approximately $2 billion in new manufacturing facilities and production lines since 2019.

Crown Holdings' operational metrics reflected a solid performance, with days sales outstanding for trade receivables decreasing from 34 days in June 2024 to 33 days in June 2025. However, inventory turnover slightly decreased from 60 days to 57 days during the same period. The company reported a total of 116,375,594 shares of common stock outstanding as of July 28, 2025. The company’s total assets increased to $14.478 billion as of June 30, 2025, up from $13.848 billion at the end of 2024, driven by higher receivables and inventory levels.

Looking ahead, Crown Holdings anticipates continued growth in demand for its products, particularly in the beverage can segment, supported by favorable market conditions. The company expects capital expenditures to be approximately $450 million in 2025, reflecting its commitment to enhancing production capabilities. Despite facing challenges such as inflationary pressures and supply chain disruptions, Crown Holdings remains focused on maximizing shareholder value through strategic investments and returning cash to shareholders via dividends and share repurchases. The company has authorized a $2 billion share repurchase program through the end of 2027, with $1.593 billion remaining as of June 30, 2025.