Crown Holdings lifts Q3 adjusted EPS 7% on 6% beverage can volume growth
Crown Holdings reported Q3 2026 net sales of USD 3.7bn, up from USD 3.2bn a year earlier, with adjusted diluted EPS of USD 2.39, up 7%. Global beverage can volumes rose more than 6%, led by double-digit growth in Asia, 6% in North America and 4% in Europe. The company guided full-year 2026 adjusted diluted EPS to USD 8.35-8.45 and cited a roughly USD 17m quarterly hit from the Middle East conflict.
Why this mattersVolume growth in all three regions, with Asia up double digits, shows can demand holding up despite a USD 17m quarterly hit from the Middle East conflict.
- Q3 2026 net sales were USD 3.7bn versus USD 3.2bn in Q3 2025, including a USD 8m unfavourable FX impact
- Global beverage can volumes rose more than 6% in Q3, with Asia up double digits, North America up 6% and Europe up 4%
- Segment income was USD 484m versus USD 490m a year earlier, with a roughly USD 17m hit from the Middle East conflict
- Adjusted free cash flow reached USD 771m through nine months, with full-year guidance of at least USD 950m
- Crown returned more than USD 700m to shareholders in the first nine months, including USD 598m of buybacks and USD 115m of dividends
- Full-year 2026 adjusted diluted EPS guidance is USD 8.35-8.45, with Q4 guidance of USD 1.63-1.73