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’ revenue has remained relatively stable, hovering between roughly $11.8 billion and $12.9 billion, with a notable peak in 2022 at $12.9 billion following a dip in 2021. While year-over-year revenue changes have been moderate, the operating income shows a generally steady trend, ranging from $1.26 billion in 2020 to $1.42 billion in 2024. Interestingly, the data for gross profit is incomplete—except for 2020’s reported $512 million—which limits detailed analysis of the company’s cost structure and margins. However, the consistency in operating income suggests that despite potential challenges in direct profit measurement, the company has managed its operational expenses adequately. A significant outlier in the period is the net income swing in 2021, where the company recorded a loss of $560 million, contrasted with a profit of $579 million in 2020 and a rebound to $727 million in 2022. This over-100% negative swing hints at a period of operational strain or increased non-operational expenses that could be driven by market conditions or transitional operational changes. Subsequent years saw net income stabilize but not fully recover to the highest recorded level, with $450 million in 2023 and $424 million in 2024, suggesting continued headwinds. Overall, while Crown Holdings displays resilience in revenue generation and operational income stability, the significant net income volatility—especially the loss in 2021—merits a closer look at underlying cost drivers and market dynamics in its industry. The sustainability of its financial health appears cautiously robust but would benefit from deeper insights into margin management and external market impacts.
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.