Crown Holdings Inc (CCK)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 660,000 | 131,000 | 498,000 | 380,000 | 419,000 | 441,000 | 376,000 | 421,000 | 560,000 | -964,000 | -834,000 | -775,000 | -712,000 | 1,311,000 | 1,591,000 | 1,701,000 | 1,912,000 | 1,800,000 | 1,740,000 | 1,818,000 |
| Revenue (ttm) | US$ in thousands | 11,928,000 | 11,504,000 | 11,378,000 | 11,328,000 | 11,532,000 | 11,716,000 | 11,928,000 | 12,382,000 | 12,632,000 | 12,492,000 | 12,255,000 | 11,672,000 | 11,632,000 | 11,816,000 | 11,385,000 | 10,666,000 | 10,345,000 | 10,174,000 | 10,769,000 | 11,667,000 |
| Gross profit margin | 5.53% | 1.14% | 4.38% | 3.35% | 3.63% | 3.76% | 3.15% | 3.40% | 4.43% | -7.72% | -6.81% | -6.64% | -6.12% | 11.10% | 13.97% | 15.95% | 18.48% | 17.69% | 16.16% | 15.58% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $660,000K ÷ $11,928,000K
= 5.53%
The gross profit margin of Crown Holdings Inc has exhibited fluctuations over the reported periods. The margin saw a gradual increase from March 31, 2020, to December 31, 2020, indicating improved efficiency in generating profits from sales. However, starting from March 31, 2021, there was a decline in the margin, reaching negative percentages by December 31, 2021. This negative trend persisted until September 30, 2022.
From December 31, 2022, there was a notable upturn in the gross profit margin, with a significant increase recorded by December 31, 2024. It is essential for the company to closely monitor this metric to ensure sustained profitability and operational efficiency in its business activities.
Peer comparison
Dec 31, 2024