Crown Holdings Inc (CCK)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 544,000 | 170,000 | 329,000 | -1,119,000 | 1,912,000 |
| Revenue | US$ in thousands | 12,041,000 | 11,532,000 | 12,632,000 | 11,118,000 | 11,274,000 |
| Gross profit margin | 4.52% | 1.47% | 2.60% | -10.06% | 16.96% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $544,000K ÷ $12,041,000K
= 4.52%
Crown Holdings Inc's gross profit margin has shown fluctuating trends over the past five years. In December 2020, the company reported a gross profit margin of 16.96%, indicating a healthy level of profitability. However, the margin drastically declined to -10.06% by December 2021, signaling a negative profitability trend.
Subsequently, there was a slight recovery as the margin improved to 2.60% by December 2022, but it remained relatively low. In the following year, the gross profit margin further decreased to 1.47%, indicating continued challenges in maintaining profitability.
Fortunately, by December 2024, Crown Holdings Inc was able to increase its gross profit margin to 4.52%, showing some improvement in profitability. Overall, the fluctuating gross profit margins suggest that the company has faced challenges in managing costs and maintaining profitability over the analyzed period.
Peer comparison
Dec 31, 2024