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Crown Holdings: From North America to Asia—How Geographic Strength Is Driving Resilience!

Crown Holdings concluded the fourth quarter of 2025 with a notable mix of financial performances. The reported earnings for the quarter fell to $1.31 per share from $3.02 per share in the same period the previous year, primarily influenced by a $2.32 per share gain from the prior year’s sale of Eviosys. However, on an adjusted basis, earnings per share rose by 9% to $1.74, compared to $1.59 in the previous year. Net sales improved by 8%, fueled by a combination of a 3% rise in global beverage can volumes and favorable raw material and foreign exchange impacts. The company’s earnings narrative underscores a record adjusted EBITDA of nearly $2.1 billion, surpassing the 2024 figure of $1.9 billion. This growth is attributed to robust commercial and operational performance across the beverage and tinplate segments. Additionally, Crown Holdings achieved record free cash flow of $1.