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Income Statement
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Common Size IS
Op Efficiency
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CROWN HOLDINGS INC (CCK)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Americas Beverage  5,126.04,441.03,565.03,369.03,282.02,928.02,757.02,771.0
    European Food      1,982.01,935.01,855.01,984.0
    European Beverage  2,114.01,843.01,473.01,497.01,489.01,457.01,420.01,504.0
    Asia Pacific  1,615.01,322.01,168.01,290.01,316.01,177.01,116.01,202.0
    Other  4,088.03,788.03,186.03,403.03,082.01,201.01,136.01,301.0
Total revenues  12,943.011,394.09,392.09,559.011,151.08,698.08,284.08,762.0
            Revenue growth   [+]13.6%21.3%-1.7%-14.3%28.2%5.0%-5.5%-3.7%
Cost of goods sold  460.0447.0422.0431.0425.0247.06,870.07,116.0
Gross profit  12,483.010,947.08,970.09,128.010,726.08,451.01,414.01,646.0
            Gross margin  96.4%96.1%95.5%95.5%96.2%97.2%17.1%18.8%
Selling, general and administrative  556.0583.0533.0556.0558.0367.0366.0390.0
Equity in earnings  42.03.06.05.04.0   
EBITDA   [+]1,840.01,795.01,597.01,503.01,574.01,313.01,281.0 
            EBITDA margin  14.2%15.8%17.0%15.7%14.1%15.1%15.5%11.4%
Depreciation and amortization  460.0463.0481.0490.0425.0247.0247.0 
EBIT   [+]1,380.01,332.01,116.01,013.01,149.01,066.01,034.0997.0
            EBIT margin  10.7%11.7%11.9%10.6%10.3%12.3%12.5%11.4%
Non-recurring items   [+]2.0-34.062.0-19.049.042.037.070.0
Interest expense, net   [+]269.0244.0282.0352.0363.0237.0231.0259.0
Other income (expense), net   [+]-53.0-1,541.0-47.0-49.03.042.03.0-29.0
Pre-tax income  1,056.0-419.0725.0631.0740.0829.0769.0639.0
Income taxes  243.0-57.0199.0136.0216.0401.0186.0178.0
            Tax rate  23.0%13.6%27.4%21.6%29.2%48.4%24.2%27.9%
Minority interest      89.0105.087.068.0
Earnings from continuing ops  855.0-359.0532.0500.0439.0323.0496.0393.0
Earnings from discontinued ops   -52.0156.0125.0    
Net income  855.0-411.0688.0625.0439.0323.0496.0393.0
            Net margin  6.6%-3.6%7.3%6.5%3.9%3.7%6.0%4.5%
   
Basic EPS   [+]$7.07($2.75)$3.98$3.73$3.28$2.39$3.58$2.85
Diluted EPS   [+]$7.04($2.75)$3.95$3.71$3.28$2.38$3.56$2.82
   
Shares outstanding (basic)   [+]120.9130.4133.5133.9133.6135.3138.5137.9
Shares outstanding (diluted)   [+]121.4130.4134.6134.9133.9135.6139.3139.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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