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Crown Holdings (CCK) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

Crown Holdings (CCK) reported revenue of $3.2B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +2% from the quarter before. Operating margin was 13.2%, net earnings $214M (6.7% of revenue).

Revenue$3.2B
Year over year+4%
Quarter over quarter+2%
Operating margin13.2%
Net earnings$214M

Crown Holdings, Q3 2025: revenue $3.2B (+4% year over year), operating margin 13.2%, net earnings $214M, operating cash flow $580M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$3.2B+2%+4%
Operating profit$423M+8%-5%
Net earnings$214M+18%—
Operating cash flow$580M+29%+5%
Free cash flow$500M—+2%

What changed

Revenue was $3.2B in Q3 2025, up 4% year over year and up 2% from the previous quarter.

Operating profit was $0.42B, a 13.2% margin (down 1.2 points year over year). Operating profit fell $0.02B even though revenue rose $0.13B versus a year earlier, so costs grew faster than sales. Total costs grew 6% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+45%). Net earnings were $0.21B. The effective tax rate was 26.0%.

Operating cash flow was $0.58B (up 5% year over year), 243% of net income including minority interests. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.21B. After capital expenditures, net ($0.08B), adjusted free cash flow as the company reports it was $0.50B.

Questions

What was Crown Holdings' revenue in the third quarter 2025?

Crown Holdings (CCK) reported revenue of $3.2B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +2% from the quarter before.

Was Crown Holdings profitable in the third quarter 2025?

Operating profit was $423M (13.2% of revenue) and net earnings $214M.

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Source: Crown Holdings 10-Q on SEC EDGAR.