---
schema_version: "secwatch.filing_event.v1"
accession: "0001219601-24-000005"
form_type: "8-K"
ticker: "CCK"
cik: "0001219601"
company_name: "CROWN HOLDINGS, INC."
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T08:59:12.938257+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crown Holdings Q4 net income $32M; adjusted EPS $1.24; FY2024 guidance $5.80-$6.20

## Summary
- Q4 net sales $2,858M (down 5% YoY); segment income $382M (up 31% YoY).
- Q4 reported diluted EPS $0.27; adjusted diluted EPS $1.24 (vs $1.17 prior year).
- Full year 2023 adjusted EPS $5.86; segment income record $1,546M.
- Guidance: FY2024 adjusted EPS $5.80-$6.20; expects capex ≤$500M in 2024 and 2025.
- Plant closures: Batesville, MS and Decatur, IL; also Vietnam/Singapore facilities.

## SEC filing metadata
- accession: 0001219601-24-000005
- form_type: 8-K
- ticker: CCK
- cik: 0001219601
- company_name: CROWN HOLDINGS, INC.
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1219601/000121960124000005/0001219601-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1219601/000121960124000005/cck-20240205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001219601-24-000005
- JSON: https://secwatch.observer/filing/0001219601-24-000005.json
- Plain text: https://secwatch.observer/filing/0001219601-24-000005.txt

## Key facts
- Earnings Releases
  CROWN HOLDINGS, INC. reported the fourth quarter ended December 31, 2023 results: revenue $2,858 million, net income $32 million, EPS $0.27.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $2,858 million
  - Net income: $32 million
  - EPS: $0.27
  - Result: reported results
  source text: Inc. (NYSE: CCK) today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Results Net sales in the fourth quarter were $2,858 million compared to $3,012 million in the fourth quarter of 2022 reflecting higher beverage can volumes in Americas Beverage and favorable foreign currency translation of $42 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1219601/000121960124000005/0001219601-24-000005-index.htm
- Earnings Releases
  CROWN HOLDINGS, INC. reported the full year ended December 31, 2023 results: revenue $12,010 million, net income $450 million, EPS $3.76.
  - Period: the full year ended December 31, 2023
  - Revenue: $12,010 million
  - Net income: $450 million
  - EPS: $3.76
  - Result: reported results
  source text: compared to $1.17 in 2022, below our prior estimates owing principally to under-absorption of fixed costs and lower equity earnings. Full Year Results Net sales for 2023 were $12,010 million compared to $12,943 million in 2022, reflecting higher beverage can volumes in Americas Beverage and favorable foreign currency translation of $77 million, offset by the pass
  evidence_url: https://www.sec.gov/Archives/edgar/data/1219601/000121960124000005/0001219601-24-000005-index.htm
- Earnings Releases
  CROWN HOLDINGS, INC. reported full year 2024 results: EPS $5.80 to $6.20. Guidance initiated.
  - Period: full year 2024
  - EPS: $5.80 to $6.20
  - Guidance: initiated
  - Result: guidance update
  source text: The Company currently estimates full year 2024 adjusted diluted earnings per share to be in the range of $5.80 to $6.20 compared to $5.86 in 2023 reflecting demand softness in the Company's beverage can making equipment and North American aerosol businesses, and a consumer that remains under pressure in most markets.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1219601/000121960124000005/0001219601-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.