Sep 2026 (Q3 FY26) — Oct 20, 2026
Crown Holdings Q3 FY26 — Strong Global Beverage Can Demand Offsets Inflationary Headwinds
Read the full callCrown Holdings earnings: last reported Tue, 20 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 3,668 | +16.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 12.7 | +0.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 245 | +35.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
16 of 27 judged targets kept · 31 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS | $2.20 to $2.30 | Jun 2026 | Adjusted earnings per diluted share were $2.39 compared to $2.24 in the third quarter of 2025, an increase of 7%. | Achieved |
| Brazil volume growth | 3% | Dec 2025 | We're still targeting on the top side, maybe we're going to be down 2% for the full year. | Revised Down |
| Full Year Adjusted EPS | $7.90 to $8.30 per share | Dec 2025 | Based on our strong year-to-date performance, we expect full year 2026 adjusted diluted earnings per share to be in the range of $8.35 to $8.45 | On Track |
11 of CROWN HOLDINGS, INC.'s 58 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 55 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $99.19 on 22 Oct 2025 → $117.29. High $122.14 (5 Aug 2026), low $92.04 (8 Jun 2026).
Overview
Guidance
16 of 27 judged targets kept · 31 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS | $2.20 to $2.30 | Jun 2026 | Adjusted earnings per diluted share were $2.39 compared to $2.24 in the third quarter of 2025, an increase of 7%. | Achieved |
| Brazil volume growth | 3% | Dec 2025 | We're still targeting on the top side, maybe we're going to be down 2% for the full year. | Revised Down |
| Full Year Adjusted EPS | $7.90 to $8.30 per share | Dec 2025 | Based on our strong year-to-date performance, we expect full year 2026 adjusted diluted earnings per share to be in the range of $8.35 to $8.45 | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 58 tracked commitments, with each call’s wording and source.
Call summaries
Crown Holdings Q3 FY26 — Strong Global Beverage Can Demand Offsets Inflationary Headwinds
Read the full callCrown Holdings Q2 FY26 — Strong Performance and Raised Full-Year Guidance
Read the full callCrown Holdings Q1 FY26 — Strong Global Beverage Volume Growth and Solid Earnings
Read the full callEvery analysed call
Financials
Net profit, year on year: +35% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,074 | 2,903 | 2,887 | 3,149 | 3,202 | 3,127 | 3,259 | 3,668 |
| Operating profit | 444 | 351 | 365 | 391 | 423 | 374 | 365 | 464 |
| Operating margin | 14.4% | 12.1% | 12.6% | 12.4% | 13.2% | 12.0% | 11.2% | 12.7% |
| Interest | 119 | 108 | 99 | 103 | 101 | 95 | 97 | 105 |
| Profit before tax | -177 | 521 | 272 | 293 | 322 | 273 | 275 | 365 |
| Tax rate | 22.0% | 24.6% | 16.9% | 26.6% | 26.1% | 26.7% | 25.4% | 24.4% |
| Net profit | -175 | 358 | 193 | 181 | 214 | 150 | 175 | 245 |
| EPS ($ per share) | -1.47 | — | 1.65 | 1.57 | 1.86 | — | 1.56 | 2.24 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 929 | 929 | 929 | 630 | 600 | 604 | 594 | 569 |
| Reserves | 3,449 | 3,959 | 4,538 | 3,180 | 3,141 | 3,476 | 3,624 | 3,812 |
| Total liabilities | 13,976 | 10,626 | 14,087 | 11,528 | 12,014 | 12,170 | 10,620 | 10,792 |
| Fixed assets | 3,745 | 3,887 | 3,652 | 4,036 | 4,540 | 5,062 | 4,927 | 5,187 |
| Total assets | 15,262 | 12,718 | 16,691 | 13,858 | 14,301 | 15,034 | 13,848 | 14,272 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 571 | 1,163 | 1,315 | 905 | 803 | 1,453 | 1,192 | 1,530 |
| Cash from investing | -3,843 | -374 | -535 | 1,507 | -642 | -804 | -12 | -320 |
| Cash from financing | 3,533 | -786 | -239 | -2,944 | -25 | 116 | -1,526 | -1,361 |
| Net cash flow | 224 | 4 | 575 | -645 | 46 | 761 | -384 | -137 |
| Capital expenditure | -462 | -391 | -554 | -816 | -839 | -793 | -403 | -413 |
| Free cash flow | 109 | 772 | 761 | 89 | -36 | 660 | 789 | 1,117 |
European Beverage grew from 18% to 20% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Americas Beverage | 45% | 46% | 46% | 45% | 44% | 47% | 47% | 46% | +20.9% |
| European Beverage | 19% | 16% | 18% | 20% | 21% | 17% | 18% | 20% | +15.7% |
| Transit Packaging | 17% | 18% | 17% | 17% | 16% | 16% | 15% | 15% | +2.1% |
| All Other Segments | — | — | 10% | 10% | 11% | 11% | 10% | 10% | +11.9% |
| Asia Pacific | 9% | 11% | 10% | 8% | 8% | 10% | 9% | 9% | +29.3% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
78 filings between Oct 29, 2025 and Aug 3, 2026.
Purchases
None
No insider bought shares.
Sales
$16.48M
11 sales by 3 insiders
73% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 2 dispositions to the issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| DONAHUE TIMOTHY J | — | $9.55M | Jul 15, 2026 |
| NOVAES DJALMA JR | — | $5.41M | Feb 23, 2026 |
| Gifford Gerard H | — | $1.52M | Feb 20, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 3, 2026 | Rost John M EVP & COO | Tax withheld | 146 | $17.5K |
| Aug 3, 2026 | Gavin Gary M President - Americas Division | Tax withheld | 61 | $7.3K |
| Aug 3, 2026 | NOVAES DJALMA JR EVP & COO | Tax withheld | 104 | $12.5K |
| Jul 29, 2026 | Snyder Angela M Director | Award | 351 | $41.3K |
| Jul 29, 2026 | FEARON RICHARD H Director | Award | 351 | $41.3K |
| Jul 29, 2026 | HAGGE STEPHEN J Director | Award | 351 | $41.3K |
| Jul 29, 2026 | Sweitzer Caesar F Director | Award | 351 | $41.3K |
| Jul 29, 2026 | WILLIAMS MARSHA C Director | Award | 351 | $41.3K |
| Jul 29, 2026 | Funk Andrea J. Director | Award | 351 | $41.3K |
| Jul 29, 2026 | Owens B Craig Director | Award | 351 | $41.3K |
| Jul 15, 2026 | DONAHUE TIMOTHY J President & CEO | Sale 10b5-1 plan | 7,500 | $827.2K |
| Jun 23, 2026 | DONAHUE TIMOTHY J President & CEO | Sale 10b5-1 plan | 15,000 | $1.57M |
| May 15, 2026 | Rost John M EVP & COO | Tax withheld | 785 | $75.4K |
| May 15, 2026 | Gavin Gary M President - Americas Division | Tax withheld | 3,113 | $299.1K |
| May 15, 2026 | Madeksza Matt President - Transit Packaging | Tax withheld | 984 | $94.5K |
| May 6, 2026 | HAGGE STEPHEN J Director | Award | 417 | $41.3K |
| May 6, 2026 | FEARON RICHARD H Director | Award | 417 | $41.3K |
| May 6, 2026 | Funk Andrea J. Director | Award | 417 | $41.3K |
| May 6, 2026 | Sweitzer Caesar F Director | Award | 417 | $41.3K |
| May 6, 2026 | Owens B Craig Director | Award | 417 | $41.3K |
| May 6, 2026 | WILLIAMS MARSHA C Director | Award | 417 | $41.3K |
| May 6, 2026 | Snyder Angela M Director | Award | 417 | $41.3K |
| Apr 17, 2026 | Rost John M EVP & COO | Award | 1,811 | $0 |
| Apr 15, 2026 | Garry Kevin VP & Corp Controller | Award | 900 | $0 |
| Apr 15, 2026 | DONAHUE TIMOTHY J President & CEO | Sale 10b5-1 plan | 7,500 | $801.4K |
| Apr 8, 2026 | DONAHUE TIMOTHY J President & CEO | Sale 10b5-1 plan | 7,500 | $787.5K |
| Feb 26, 2026 | NOVAES DJALMA JR EVP & COO | Tax withheld | 2,399 | $276.7K |
| Feb 26, 2026 | CLOTHIER KEVIN CHARLES Senior Vice President & CFO | Award | 1,046 | $0 |
| Feb 26, 2026 | Madeksza Matt President - Transit Packaging | Award | 744 | $0 |
| Feb 26, 2026 | NOVAES DJALMA JR EVP & COO | Award | 1,016 | $0 |
| Feb 26, 2026 | Madeksza Matt President - Transit Packaging | Tax withheld | 1,756 | $202.6K |
| Feb 26, 2026 | Gifford Gerard H EVP & CAO | Award | 2,505 | $0 |
| Feb 26, 2026 | DONAHUE TIMOTHY J President & CEO | Tax withheld | 15,033 | $1.73M |
| Feb 26, 2026 | DONAHUE TIMOTHY J President & CEO | Award | 6,367 | $0 |
| Feb 26, 2026 | Dickstein Adam J. SVP, Gen Counsel & Secretary | Disposition to issuer | 2,485 | $286.7K |
| Feb 26, 2026 | Dickstein Adam J. SVP, Gen Counsel & Secretary | Award | 952 | $0 |
| Feb 26, 2026 | CLOTHIER KEVIN CHARLES Senior Vice President & CFO | Tax withheld | 2,469 | $284.8K |
| Feb 26, 2026 | Gifford Gerard H EVP & CAO | Tax withheld | 5,915 | $682.4K |
| Feb 23, 2026 | NOVAES DJALMA JR EVP & COO | Sale | 29,734 | $3.41M |
| Feb 20, 2026 | Gifford Gerard H EVP & CAO | Sale | 13,373 | $1.52M |
| Feb 18, 2026 | DONAHUE TIMOTHY J President & CEO | Sale 10b5-1 plan | 7,500 | $830.0K |
| Feb 13, 2026 | WILLIAMS MARSHA C Director | Award | 371 | $41.3K |
| Feb 13, 2026 | Sweitzer Caesar F Director | Award | 371 | $41.3K |
| Feb 13, 2026 | Snyder Angela M Director | Award | 371 | $41.3K |
| Feb 13, 2026 | Funk Andrea J. Director | Award | 371 | $41.3K |
| Feb 13, 2026 | Owens B Craig Director | Award | 371 | $41.3K |
| Feb 13, 2026 | HAGGE STEPHEN J Director | Award | 371 | $41.3K |
| Feb 13, 2026 | FEARON RICHARD H Director | Award | 371 | $41.3K |
| Jan 29, 2026 | DONAHUE TIMOTHY J President & CEO | Sale 10b5-1 plan | 7,500 | $787.5K |
| Jan 5, 2026 | Gavin Gary M President - Americas Division | Disposition to issuer | 955 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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