Crown Holdings, Inc. · NYSE:CCK
Crown — Q2 2026 Earnings Presentation
14 slides from Crown's earnings presentation, Jul 21, 2026
Slide 1: Annual Shareholders Meeting
Annual Shareholders Meeting April 30, 2026
Slide 2: Crown Holdings at a glance
Established in 1892, Crown Holdings, Inc. is a leading global diversified packaging company that manufactures aluminum and steel cans and ends for the aerosol, beverage and food industries as well as a wide range of products and engineered solutions that protect goods in transit. Sales in 2025 were
Slide 3: Our Business
OUR BUSINESS Central & Food & Asia Aerosol Transit South 12% America 11% Packaging 18% 16% SALES SALES BY BY REGION PRODUCT United States & Europe, Canada Middle East 45% Beverage & North Africa 73% 25% Business centered around customers; geographical Focused portfolio of global packaging divers
Slide 4: Our Business: Beverage
OUR BUSINESS Beverage 73% of consolidated global revenues Unmatched geographical reach with leading positions in North America, Mexico, Brazil, Europe, Middle East and Asia Can volume growth driven by new products, which have been increasingly offered in cans. Cans continue to disproportionate
Slide 5: Our Customers
OUR CUSTOMERS Balanced customer portfolio We deliver the highest overall value proposition to our customers, and they are using aluminum cans to promote new offerings. In North America, 80% of new products are in aluminum cans. Our footprint allows us to be aligned with our customers needs. We
Slide 6: Our Business: Transit Packaging
OUR BUSINESS Transit Packaging Attractive margins generated Leading market positions across a from three distinct businesses large portfolio of protective packaging Equipment, tools and services and equipment that is used to wrap, used to apply and remove store, secure and prepare products for p
Slide 7: Food, Aerosol, and Promotional Packaging
OUR BUSINESS Food, Aerosol, and Promotional Packaging Require relatively low capital investment allowing strong cash- generation Businesses maintain long-standing relationships with customers across food, household and promotional products Businesses are nimble enough to react to customer dema
Slide 8: Equipment and Tooling
OUR BUSINESS Equipment and Tooling CarnaudMetalbox Engineering holds a leading position in beverage canmaking equipment Provides equipment to global beverage can companies World Class tooling and die set capabilities New product offerings including Reverse Vending Machines for recycling beve
Slide 9: Sustainability – Circularity Champion
SUSTAINABILITY – CIRCULARITY CHAMPION Most Recycled Beverage Packaging The beverage can is the most recycled Recycling Saves Energy and is drinks package in the world Economically Profitable Recycled beverage cans become new Recycling aluminum saves more than cans in less than 60 days 95% of t
Slide 10: Sustainability - Accolades
SUSTAINABILITY - ACCOLADES Recognized as one of Forbes’ Net Zero Leaders for 2025 Named again as one of “America’s Climate Leaders” by USA TODAY and Statista Recognized again as one of “America’s Most Responsible Companies” by Newsweek and Statista Recognized by Forbes as one of the “World’s
Slide 11: 2025 Financial Highlights
2025 FINANCIAL HIGHLIGHTS Record adjusted EBITDA of $2.1B in 2025 3-year growth of $348 million or 20% Record adjusted free cash flow of $1.15B in 2025 Returned $625 million to shareholders through dividends and share buybacks Ended 2025 with net leverage of 2.5x, lowest ratio in 15 years
Slide 12: Financial Metrics
FINANCIAL METRICS (US$ millions) Net Sales 5-Year CAGR $12,943 $12,365 $12,010 $11,801 5.6% $12,000 $11,394 $9,392 $8,000 $4,000 $0 2020 2021 2022 2023 2024 2025 5-Year CAGR EBITDA and Margin % 6.9% $2,500 20.0% $2,092 $2,000 $1,882 $1,942 18.0% $1,782 $1,744 16.9% $1,500 $1,500 16.5% 16.0% 16.0% 15
Slide 13: Financial Metrics: Capital Allocation and Leverage
FINANCIAL METRICS (US$ millions) Capital Allocation $2,000 $105 $106 $1,500 $950 $722 5-Year Total; Average $120 $1,000 $115 $66 $119 Dividends $565; $113 $505 $500 $816 $839 $793 $217 Repurchase $2,394; $479 $587 $403 $413 Capital $3,264; $653 $0 2020 2021 2022 2023 2024 2025 Capital Spending Share
Slide 14: 2026 Outlook
2026 OUTLOOK Full year EPS expected to be in range of $7.90 and $8.30 per adjusted diluted share Adjusted EBITDA of approximately $2.1 billion Adjusted free cash flow of approximately $900 million after investing $550 million in capital projects. Raised dividend 35% to $1.40 per share. Fre