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The themes Crown is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.
Highest-graded in Packaging and Containers
Graded A or B and worth $2B or more: A first, then the largest.
AVYAvery Dennison Corporation$14.2BA+
SWSmurfit Westrock plc$23.1BB
BALLBall Corporation$17.1BB
AMBPArdagh Metal Packaging S.A.$2.8BB
Grade rose recently in Consumer Discretionary
Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.
TMToyota Motor Corp.Aug 4, 2026BAGraded B, now A
RCLRoyal Caribbean Cruises Ltd.Oct 27, 2026FBGraded F, now B
AZOAutoZone, Inc.Oct 26, 2026CBGraded C, now B- SWSmurfit Westrock plcOct 28, 2026CBGraded C, now B
HSAIHesai GroupNov 10, 2026CBGraded C, now B
How it makes money
- Americas beverage packaging47%
- European beverage packaging18%
- Asia Pacific packaging9%
- Transit packaging15%
Shares of revenue are estimates for quarter ended March 31, 2026, not figures from a filing.
Competes with
What it sells6
Beverage cans and lids
Aluminum cans and the metal lids fitted to them, made for alcoholic and non-alcoholic drinks.
Beverage containers and closures
Glass bottles, steel crowns, and aluminum caps used to package drinks.
Food cans and ends
Metal cans and lids used for food, including pet food.
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Aerosol cans and closures
Metal containers and closures used for aerosol, personal care, household, and industrial products.
Transit packaging equipment and supplies
Tools and machines for applying or removing strapping and film, plus steel and plastic strapping and industrial film.
Protective packaging
Airbags, edge protectors, and honeycomb products that help stop goods from moving or being damaged during transport.
Who buys it6
- Anheuser-Busch InBev, a global beverage company that buys packaging for its drinks.
- The Coca-Cola Company and independent Coca-Cola bottlers, which buy cans and other beverage containers.
- Heineken, a global brewer that buys packaging for its drinks.
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- Keurig Dr Pepper, which buys packaging for its beverages.
- Molson Coors, a brewer that buys packaging for its drinks.
- Pepsi-Cola and independent Pepsi-Cola bottlers, which buy cans and other beverage containers.
What it stands on, and what could break it
What the business leans on
- 1Manufacturing depends heavily on aluminum and steel, and transit packaging also uses plastics made from petroleum- and natural-gas-based materials.
- 2Crown’s ten largest customers accounted for about 48% of sales (year ended December 31, 2025, high); customer consolidation or the loss of a major buyer could affect sales.
- 3The company depends on transportation providers and on reliable supplies of energy and water for its manufacturing plants.
What could go wrong
- 1If aluminum, steel, energy, or other input costs rise and Crown cannot pass the increases on to customers, its costs may outpace the prices it charges; shortages could also disrupt production.
- 2Intense competition and alternative packaging materials can reduce demand for Crown’s cans and other products or put pressure on selling prices.
- 3The loss of a major beverage customer, or further consolidation among beverage companies, could reduce sales and profitability.
About Crown Holdings, Inc.
Crown primarily makes aluminum beverage cans and lids, and also makes steel crowns, glass bottles, and aluminum caps. Drink makers buy these products for their beverages, with orders generally handled through Crown’s local facilities. Crown also sells food and aerosol cans, as well as strapping, protective packaging, and equipment used to secure goods for shipping.
- Head office
- Yardley, Pennsylvania, United States
- Founded
- 1892 (year founded, high)
- Employees
- Approximately 23,000 (December 31, 2025, high)
- Listed on
- NYSE
- Financial year ends
- December 31
Built from Crown Holdings, Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.
