Crown : Supplemental Investor Information - Q1 2026
CCK
Published on 05/01/2026 at 05:01 pm EDT
Reconciliation of Adjusted Net Income and Adjusted EPS
In millions except per share data
2026 Interim Periods
Q1 2026
Q2 2026
Q3 2026
Q4 2026
Full Year 2026
Net income/diluted earnings per share attributable to Crown Holdings, as reported
$ 175
$ 1.56
$ 175
$ 1.56
Intangibles amortization
38
0.34
38
0.34
Restructuring and other
2
0.02
2
0.02
Loss on debt extinguishment
3
0.02
3
0.02
Income taxes
(8)
(0.07)
(8)
(0.07)
Noncontrolling interest
(1)
(0.01)
(1)
(0.01)
Adjusted net income/diluted earnings per share
$ 209
$ 1.86
$ 209
$ 1.86
More information on reconciling items above can be found on Form 8-K filed with the SEC for each period referenced above.
2025 Interim Periods
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Full Year 2025
Net income/diluted earnings per share attributable to Crown Holdings, as reported
$ 193
$ 1.65
$ 181
$ 1.56
$ 214
$ 1.85
$ 150
$ 1.31
$ 738
$ 6.38
Intangibles amortization
35
0.30
38
0.33
37
0.32
38
0.33
148
1.28
Restructuring and other
(2)
(0.02)
47
0.40
30
0.26
8
0.07
83
0.71
Loss on debt extinguishment
1
0.01
14
0.12
15
0.13
Other pension and postretirement
(5)
(0.04)
(5)
(0.04)
Income taxes
(31)
(0.26)
(13)
(0.11)
(14)
(0.12)
(10)
(0.08)
(68)
(0.59)
Noncontrolling interest
(8)
(0.07)
(1)
(0.01)
(9)
(0.08)
Adjusted net income/diluted earnings per share
$ 195
$ 1.67
$ 249
$ 2.15
$ 259
$ 2.24
$ 199
$ 1.74
$ 902
$ 7.79
More information on reconciling items above can be found on Form 8-K filed with the SEC for each period referenced above.
Crown Holdings, Inc.
Reconciliation of Adjusted EBITDA and Adjusted net leverage ratio In millions except net leverage ratio
Q1 2026
Q2 2026
Q3 2026
Q4 2026
Full Year 2026
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Full Year 2025
Net income (loss) attributable to Crown
$ 175
$ 175
$ 193
$ 181
$ 214
$ 150
$ 738
Net income attributable to noncontrolling interest
31
31
34
35
25
51
145
Equity earnings
(1)
(1)
(1)
(1)
(1)
(1)
(4)
Provision (benefit) for income taxes
70
70
46
78
84
73
281
Interest expense
97
97
99
103
101
95
398
Interest income
(12)
(12)
(13)
(14)
(13)
(15)
(55)
Earnings before interest and taxes (EBIT)
360
360
358
382
410
353
1,503
Foreign exchange
(3)
(3)
2
9
8
3
22
Other pension and postretirement
5
5
5
(1)
5
4
13
Loss from early extinguishment of debt
3
3
1
14
15
Income from operations
365
365
365
391
423
374
1,553
Intangibles amortization
38
38
35
38
37
38
148
Restructuring and other
2
2
(2)
47
30
8
83
Segment income
405
405
398
476
490
420
1,784
Depreciation
80
80
75
76
79
78
308
Adjusted EBITDA
$ 485
$ 485
$ 473
$ 552
$ 569
$ 498
$ 2,092
2026 Interim Periods
2026 Twelve Months Ended
2025 Interim Periods
2025 Twelve Months Ended
Q1 2026 Q2 2026 Q3 2026 Q4 2026 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Total debt
$ 6,257
$ 6,436 $ 6,490 $ 6,389 $ 5,964
Cash
584
779 936 1,172 764
Net debt
5,673
5,657
5,554
5,217
5,200
LTM Adjusted EBITDA
$ 2,104
$ 2,032
$ 2,073
$ 2,097
$ 2,092
Adjusted net leverage ratio
2.7
2.8
2.7
2.5
2.5
Annual periods ended December 31,
2024 2023 2022 2021
Net income (loss) attributable to Crown
$ 424 $
450 $
727 $
(560)
Loss (income) from discontinued operations - - - 52
Net income (loss) attributable to Crown
$ 424
$ 450
$ 727
$ (508)
Net income from continuing operations attributable to noncontrolling interest
136
137
128
148
Net income from discontinued operations attributable to noncontrolling interest
1
Equity earnings
-
(14)
(42)
(3)
Provision (benefit) for income taxes
183
222
243
(57)
Interest expense
452
436
284
253
Interest income (82) (53) (15) (9)
Earnings before interest and taxes (EBIT)
1,113
1,178
1,325
(175)
Foreign exchange
34
41
16
(45)
Other pension and postretirement
546
49
(16)
1,515
(Gain) on sale of equity method investment
(275)
Loss from early extinguishment of debt 1 1 11 68
Income from operations
1,419
1,269
1,336
1,363
Intangibles amortization
151
163
159
165
Restructuring and other 75 114 (52) (28)
Segment income
1,645
1,546
1,443
1,500
Depreciation
297
336
301
282
Adjusted EBITDA $ 1,942 $ 1,882 $ 1,744 $ 1,782
Annual periods ended December 31,
2024 2023 2022 2021
Total debt
$ 6,204 $ 7,474 $ 6,977 $ 6,262
Cash
918 1,310 550 531
Net debt
$ 5,286
$ 6,164
$ 6,427
$ 5,731
LTM Adjusted EBITDA
$ 1,942
$ 1,882
$ 1,744
$ 1,782
Adjusted net leverage ratio
2.7
3.3
3.7
3.2
Disclaimer
Crown Holdings Inc. published this content on May 01, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2026 at 21:00 UTC.