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Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
+3.1% YoYReported for FY 2025
Liabilities
+1.6% YoYReported for FY 2025
Equity
+8.8% YoYReported for FY 2025
Equity mix
+1.1 ppEquity share of the capital base
Table view
Balance sheet, reported dollar amounts — FY 2025
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jun 9, 2026. The filing-backed figures above are the current source of truth.
Crown Holdings’ balance sheet over 2021–2025 looks broadly stable, with moderate expansion and some year-to-year volatility rather than a clear trend of aggressive balance-sheet growth. Total assets rose from $13.9 billion in 2021 to $14.3 billion in 2022, peaked at $15.0 billion in 2023, then eased to $13.8 billion in 2024 before recovering to $14.3 billion in 2025. Liabilities followed a similar pattern, increasing from $11.5 billion in 2021 to $12.0 billion in 2022 and $12.2 billion in 2023, then declining to $11.1 billion by 2025. This suggests management has been adjusting working capital, debt, or operating liabilities in a relatively disciplined way rather than taking on sustained leverage. Stockholders’ equity was more volatile but improved meaningfully over the period, rising from $2.33 billion in 2021 to $2.76 billion in 2024 and $3.00 billion in 2025, despite dipping to $2.29 billion in 2022 and remaining near that level in 2023. The combination of stable assets, lower liabilities in the last two years, and higher equity implies a stronger capitalization profile and modestly improved financial flexibility. For a packaging manufacturer like Crown Holdings, this is notable because the industry is typically capital-intensive and sensitive to input costs and demand cycles; maintaining a relatively steady asset base while strengthening equity is generally a positive sign of balance-sheet resilience.
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.