Crown Holdings Inc (CCK)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 424,000 | 98,000 | 432,000 | 415,000 | 450,000 | 507,000 | 475,000 | 613,000 | 727,000 | -363,000 | -388,000 | -555,000 | -560,000 | 592,000 | 704,000 | 702,000 | 579,000 | 515,000 | 484,000 | 495,000 |
| 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 |
| Net profit margin | 3.55% | 0.85% | 3.80% | 3.66% | 3.90% | 4.33% | 3.98% | 4.95% | 5.76% | -2.91% | -3.17% | -4.75% | -4.81% | 5.01% | 6.18% | 6.58% | 5.60% | 5.06% | 4.49% | 4.24% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $424,000K ÷ $11,928,000K
= 3.55%
Crown Holdings Inc's net profit margin has shown fluctuations over the examined period. The net profit margin was relatively stable in the range of 4% to 6% from March 2020 to June 2021, indicating a decent level of profitability. However, there was a notable decline in profitability in the last quarter of 2021 and the first half of 2022, with negative net profit margins recorded during this period.
The company managed to recover its profitability in the second half of 2022, as evidenced by positive net profit margins ranging from 2% to 5.76%. This recovery continued into 2023 and 2024, with some fluctuations observed but generally within the 3% to 4.5% range.
The overall trend suggests that Crown Holdings Inc experienced some challenges in maintaining profitability in late 2021 and early 2022 but was able to improve its performance and stabilize profit margins in the subsequent periods, reflecting management's efforts to enhance operational efficiency and control costs.
Peer comparison
Dec 31, 2024