Crown Holdings (CCK) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Crown Holdings reported revenue of $3.7 billion for Q3 2026, up 16% from a year earlier (Crown Holdings, Oct 19, 2026). Diluted EPS was $2.08, up 12% from $1.85. Americas Beverage brought in $1,700 million, up 20%. Every figure is from Crown Holdings's release. Walnut is informational, not investment advice.
CCK Q3 2026 results
In one sentence
Crown Holdings reported revenue of $3.7 billion for Q3 2026, up 16% from a year earlier (Crown Holdings, Oct 19, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $3,711 million | $3,202 million | up 16% |
| Diluted EPS (GAAP) | $2.08 | $1.85 | up 12% |
| Diluted EPS (adjusted diluted EPS) | $2.39 | $2.24 | up 7% |
| Net income | $225 million | $214 million | up 5% |
The quarter ended September 30, 2026 and Crown Holdings published the results on October 19, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Crown Holdings reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- Crown Holdings passes aluminum and other material costs through to customers under its contracts, so net sales move with metal prices. Higher material costs added $405 million to Q3 2026 net sales.
- Other covers Crown's North America tinplate businesses (food cans, aerosol cans and closures) and its beverage tooling and equipment operations in the U.S. and U.K.
Source: Crown Holdings Q3 2026 results, October 19, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
CCK revenue by segment
How Crown Holdings splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Net sales by segment | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Americas Beverage | $1,700 million | $1,417 million | up 20% |
| European Beverage | $772 million | $658 million | up 17% |
| Asia Pacific | $321 million | $259 million | up 24% |
| Transit Packaging | $520 million | $517 million | up 1% |
| Other | $398 million | $351 million | up 13% |
- Crown Holdings's Americas Beverage revenue was $1.7 billion in Q3 2026, up 20% from $1.4 billion in Q3 2025, 46% of total revenue.
- Crown Holdings's European Beverage revenue was $772 million in Q3 2026, up 17% from $658 million in Q3 2025, 21% of total revenue.
- Crown Holdings's Asia Pacific revenue was $321 million in Q3 2026, up 24% from $259 million in Q3 2025, 9% of total revenue.
- Crown Holdings's Transit Packaging revenue was $520 million in Q3 2026, up 1% from $517 million in Q3 2025, 14% of total revenue.
- Crown Holdings's Other revenue was $398 million in Q3 2026, up 13% from $351 million in Q3 2025, 11% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
Crown Holdings's outlook for Q4 and full year 2026
From the earnings release
Crown Holdings does not give a GAAP EPS or net sales outlook.
In its Q3 2026 release (Kevin C. Clothier, CFO), Crown Holdings said:
“We expect full year adjusted diluted earnings per share to be in the range of $8.35 to $8.45 and adjusted free cash flow to be at least $950 million after capital spending of approximately $550 million.”
“We expect fourth quarter adjusted diluted earnings per share to be in the range of $1.63 to $1.73.”
Source: Crown Holdings Q3 2026 release, Oct 19, 2026.
This is the company's own guidance as of Oct 19, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the CCK forecast page.
CCK recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $3,711 million | $2.08 | Oct 19, 2026 |
Q2 2026 ended Jun 30, 2026 | $3,668 million | $2.23 | Jul 20, 2026 |
Q1 2026 ended Mar 31, 2026 | $3,259 million | $1.56 | Apr 27, 2026 |
Q4 2025 ended Dec 31, 2025 | $3,127 million | $1.31 | Feb 4, 2026 |
Q3 2025 ended Sep 30, 2025 | $3,202 million | $1.85 | Oct 20, 2025 |
Net sales and GAAP diluted EPS, each as first reported in that quarter's release.
When does CCK report earnings next?
We do not hold a confirmed date for Crown Holdings's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Crown Holdings quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 19, 2026
What Crown Holdings's revenue is made of
Crown Holdings reported net sales of $3,711 million in Q3 2026, against $3,202 million a year earlier. Americas Beverage was the largest segment at $1,700 million, followed by European Beverage at $772 million, Transit Packaging at $520 million and Asia Pacific at $321 million. Other, $398 million, is mainly the North America tinplate businesses. (Crown Holdings Q3 2026 release, Oct 19, 2026)
Crown's three beverage segments make aluminum beverage cans and ends: Americas Beverage from plants in the U.S., Brazil, Canada, Colombia and Mexico, which also make glass bottles, steel crowns and aluminum caps; European Beverage across Europe, the Middle East and North Africa; and Asia Pacific in Southeast Asia and China, where it also makes food cans and specialty packaging. Transit Packaging sells strap, film, protective packaging and end-of-line equipment. (Crown Holdings Form 10-K, 2025, Feb 27, 2026; Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026)
Crown said net sales rose because of the pass-through of $405 million in higher material costs and 6% higher global beverage can volumes. Its contracts include pass-through provisions with annual selling price adjustments based on price indices, which Crown uses to offset higher energy and raw material costs. In Americas Beverage, $240 million came from passing through higher aluminum costs and beverage can sales rose 5%. (Crown Holdings Q3 2026 release, Oct 19, 2026; Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026)
Volumes grew in every beverage region. European Beverage volumes rose 4%, and Asia Pacific beverage can volumes rose 21%. Transit Packaging net sales were up only slightly, as $25 million of material cost pass-through was partly offset by lower volume. (Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026)
What Crown Holdings's EPS includes
Crown Holdings' GAAP diluted EPS was $2.08 in Q3 2026, against $1.85, and adjusted diluted EPS was $2.39, up 7% from $2.24. Adjusted EPS adds back intangibles amortization from past acquisitions ($34 million, or $0.31 per share) and restructuring and other charges ($8 million, or $0.07), net of their tax effect. (Crown Holdings Q3 2026 release, Oct 19, 2026)
Segment income, which Crown treats as its principal measure of operating performance, was $484 million against $490 million, as higher beverage can shipments were offset by input cost inflation. Transit Packaging segment income fell to $60 million from $70 million on lower volume and freight costs. (Crown Holdings Q3 2026 release, Oct 19, 2026; Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026)
Crown's share count fell. Diluted weighted average shares were 108,322,780 against 115,701,558 a year earlier. It repurchased $81 million of stock in the quarter and $598 million in the first nine months, and had approximately $700 million left at September 30, 2026 under a $2,000 million authorization that runs through 2027. The effective tax rate was 25.6%, against 26.1%. (Crown Holdings Q3 2026 release, Oct 19, 2026; Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Crown Holdings
Crown Holdings gives adjusted EPS guidance in its release. With Q3 2026 results it guided full-year adjusted diluted EPS of $8.35 to $8.45, Q4 adjusted diluted EPS of $1.63 to $1.73, and adjusted free cash flow of at least $950 million after capital spending of approximately $550 million. (Crown Holdings Q3 2026 release, Oct 19, 2026)
Crown does not reconcile that outlook to GAAP EPS, saying it cannot reliably forecast items such as asset sales, restructuring costs, impairments and asbestos-related charges. (Crown Holdings Q3 2026 release, Oct 19, 2026)
A consensus figure is the average of the models published by the analysts who cover Crown Holdings, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Crown Holdings
The figures below are the ones Crown Holdings's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Global beverage can volumes | Up 6% Asia Pacific up 21%; European Beverage up 4%; Americas Beverage can sales up 5% Crown Holdings Q3 2026 release, Oct 19, 2026; Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026 |
| Segment income | $484 million, against $490 million Americas Beverage $259 million; European Beverage $109 million Crown Holdings Q3 2026 release, Oct 19, 2026 |
| Material cost pass-through | $405 million added to net sales Crown Holdings Q3 2026 release, Oct 19, 2026 |
| Net leverage | 2.5x adjusted EBITDA Crown's long-term target is also 2.5x Crown Holdings Q3 2026 release, Oct 19, 2026; Crown Holdings Form 10-Q, Q3 2026, Oct 28, 2026 |
| Share repurchases | $81 million in Q3 2026 Nearly 6% of outstanding shares acquired over the past twelve months Crown Holdings Q3 2026 release, Oct 19, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning CCK is on is CCK a buy or a sell?, what analysts expect next is on the CCK forecast, and what the company does is on the Crown Holdings (CCK) stock page.
How to check CCK's figures yourself
Every number on this page can be traced to a document Crown Holdings published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Crown Holdings
Ask Walnut's AI anything about CCK and see how it fits what you own.
FAQ
What was Crown Holdings's revenue last quarter?
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Crown Holdings reported revenue of $3,711 million for Q3 2026, the quarter ended September 30, 2026, against $3,202 million in Q3 2025 (up 16%). The figures come from Crown Holdings's results release of October 19, 2026.
What guidance did Crown Holdings give for Q4 and full year 2026?
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Crown Holdings does not give a GAAP EPS or net sales outlook. In its Q3 2026 release, Crown Holdings said: "We expect full year adjusted diluted earnings per share to be in the range of $8.35 to $8.45 and adjusted free cash flow to be at least $950 million after capital spending of approximately $550 million. We expect fourth quarter adjusted diluted earnings per share to be in the range of $1.63 to $1.73." That is the company's own outlook as of Oct 19, 2026, and companies revise outlooks as the quarter goes on.
When does CCK report earnings next?
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We do not hold a confirmed date for Crown Holdings's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Crown Holdings's revenue come from?
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Crown Holdings's Americas Beverage revenue was $1.7 billion in Q3 2026, up 20% from $1.4 billion in Q3 2025, 46% of total revenue. Crown Holdings's European Beverage revenue was $772 million in Q3 2026, up 17% from $658 million in Q3 2025, 21% of total revenue. Crown Holdings's Asia Pacific revenue was $321 million in Q3 2026, up 24% from $259 million in Q3 2025, 9% of total revenue. Crown Holdings's Transit Packaging revenue was $520 million in Q3 2026, up 1% from $517 million in Q3 2025, 14% of total revenue. Crown Holdings's Other revenue was $398 million in Q3 2026, up 13% from $351 million in Q3 2025, 11% of total revenue. These are the lines of Crown Holdings's own "net sales by segment" table for Q3 2026.
How much did Crown Holdings's revenue grow last quarter?
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Up 16% on the year: $3,711 million in Q3 2026 against $3,202 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Crown Holdings's business do not distort it.
What is the difference between Crown Holdings's GAAP and adjusted diluted EPS EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Crown Holdings's adjusted diluted EPS EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $2.08 and $2.39. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the CCK numbers on this page come from?
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From Crown Holdings's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Crown Holdings's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.