Crown Holdings, Inc. (CCK) experienced a slight price decline, currently at $100.08, down by $1.53 (-1.51%) from the previous close of $101.61. Trading volume surged significantly, reaching $390,628, a 33.9% increase compared to the average.
CCK's latest quarterly earnings report, released on Sunday, April 26th, showed a consensus estimate EPS of 1.75.
The forward dividend yield stands at 1.4%, with a dividend per share MRQ of 35 cents. Year-over-year, the dividend per share decreased by 22 cents to $1.13 TTM.
The company's free cash flow totaled $236 million, with notable activities including acquisitions netting $4 million and debt repayment of $354 million. The net change in cash was -$514 million, ending the period with $764 million.
CCK reported revenue of $3.13 billion, resulting in a gross profit of $322 million. Operating income reached $427 million, with a net income of $149 million. Earnings per share (EPS) and EPS diluted were $1.32 and $1.31, respectively.
Key ratios include a net profit margin of 4.76%, return on equity of 4.97%, and a price-to-earnings ratio of 19.64. The quick ratio is 0.66, and the debt-equity ratio stands at 205.87.
CCK's total assets amount to $14.27 billion, with total liabilities at $10.79 billion. The company holds $879 million in cash and cash equivalents, with a net debt of $5.29 billion.
This comprehensive overview provides insights into CCK's financial performance and market dynamics.
Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food and beverage industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers other consumer products, glass bottles for beverage products, steel crowns, aluminum caps, steel strap, plastic strap, industrial film, and other related products, as well as equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply industrial solutions consumables. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania.