EarningsQ2 2026 Earnings Report
MX:CCK Q2 2026 EPS Results
Actual EPS$42.72
Consensus EPS$37.09
Beat/MissBeat by +$5.63
One Year Ago EPS$36.89
MX:CCK Q2 2026 Revenue Results
Actual Revenue$63.19B
Expected Revenue$57.88B
Beat/MissBeat by +$5.31B
YoY Revenue Growth+17.18%
Earnings Announcement Details
QuarterQ2 2026
Date07/20/2026
TimeAfter Close
Conference CallMonday, July 20, 2026
MX:CCK Upcoming Earnings
Crown Holdings's next earnings date is estimated for October 26, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:CCK Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a net-positive operational and financial picture: solid top-line and EPS beats (adjusted EPS +16%), raised full-year EPS guidance, strong cash generation and shareholder returns, improving leverage, and broad-based volume strength in Europe, Asia and North America. Offsetting items include inflationary cost pressures (exacerbated by the Middle East crisis), Latin America/Brazil softness, some segments with flat volumes, and recognition that Q2 benefited from one-time or event-driven demand (e.g., World Cup), which led management to adopt conservative assumptions for H2. Overall, the company is growing, investing in capacity, returning cash to shareholders, and prudently cautious on near-term cost and geopolitical risks.Company Guidance
Strong EPS Performance and Upgrade
Reported diluted EPS $2.23 vs $1.56 prior year; adjusted diluted EPS $2.49 vs $2.15 prior year (+16%). Company raised full-year 2026 adjusted diluted EPS guidance from $7.90 to a new range of $8.30–$8.50. Q3 adjusted diluted EPS guide $2.20–$2.30.
Revenue and Volume Growth
Net sales of $3.7 billion; global beverage can volumes grew 5% in Q2 (same as Q1) supporting revenue growth and operating performance.
Segment Income Improvement
Total segment income $501 million vs $476 million prior year (increase driven by higher beverage can shipments, strong beverage can equipment business and North American tinplate productivity).
Regional Strength — Europe and Asia Pacific
European volumes +7% in Q2 with segment income up ~10%; Asia Pacific income +6% with double-digit volume growth in H1 and expected high-single-digit growth in H2. New capacity: first line in Greece commercialized; additional capacity slated in Spain and second Greek line late in year.
North America Demand and Shipments
North American sales volumes +5% in Q2; company expects full-year North American shipments to be 3%–4% above 2025. Industry utilization estimated mid-to-high 90s (adjusted for changeovers/maintenance).
Strong Cash Returns and Buybacks
Repurchased $305 million of shares in Q2 and $517 million through first 6 months; paid $77 million in dividends; returned $594 million to shareholders H1. Company expects to repurchase ~ $200 million in H2 and targets adjusted free cash flow of at least $900 million for full year.
Balance Sheet and Leverage
Adjusted net leverage ratio ~2.5x at Q2 end (improved from Q1 and consistent with long-term target). Full-year financial assumptions include net interest expense ~ $355 million and depreciation ~ $330 million.
Investment in Growth Capacity
Ongoing greenfield and capacity investments in Brazil, Greece, Spain and India (India plant capex roughly ~$250M estimate; typical greenfield contracts anchored ~70% of volume). Brazilian Ponte Grossa line expected online in Q4.
MX:CCK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed