Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $11,575 | $11,394 | $12,943 | $12,010 | $11,801 |
| Gross Profit | $512 | N/A | N/A | N/A | N/A |
| Operating Income | $1,264 | $1,363 | $1,336 | $1,269 | $1,419 |
| Net Income | $579 | -$560 | $727 | $450 | $424 |
Over the five-year period, Crown Holdings, Inc. has demonstrated a mixed financial performance with notable volatility in key income metrics. Revenue peaked in 2022 at USD 12,943 million after a slight dip in 2021 (USD 11,394 million) compared to USD 11,575 million in 2020, suggesting a post-pandemic recovery or improved market conditions in that year. Despite this recovery, revenues trended downward slightly through 2023 and 2024, settling at USD 12,010 million and USD 11,801 million, respectively. Interestingly, operating income remained relatively stable throughout the period, rising gradually from USD 1,264 million in 2020 to USD 1,419 million in 2024. This stability indicates efficient core operations despite fluctuations in top-line performance. Net income, however, demonstrated marked volatility. After a positive USD 579 million in 2020, a significant decline to a negative USD 560 million occurred in 2021—a swing exceeding 200 percent—before rebounding to USD 727 million in 2022. In the subsequent years, net income moderated to USD 450 million in 2023 and USD 424 million in 2024, indicating variability that merits further investigation. Gross profit data, available only for 2020 (USD 512 million), does not provide a clear trend for comparison. In the context of a competitive packaging industry where cost management and operational efficiency are paramount, the stable operating income amid revenue and net income fluctuations suggests that Crown Holdings has maintained core operational strength. Overall, while short-term net income challenges were evident, the company appears fundamentally sound with a focus on operational efficiency that could support long-term sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.