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Side-by-side financial comparison of CROWN HOLDINGS, INC. (CCK) and International Flavors & Fragrances (IFF). Click either name above to swap in a different company.

CROWN HOLDINGS, INC. is the larger business by last-quarter revenue ($3.3B vs $2.6B, roughly 1.3× International Flavors & Fragrances). CROWN HOLDINGS, INC. runs the higher net margin — 6.3% vs 0.2%, a 6.1% gap on every dollar of revenue. On growth, CROWN HOLDINGS, INC. posted the faster year-over-year revenue change (12.9% vs -6.6%). International Flavors & Fragrances produced more free cash flow last quarter ($130.0M vs $-129.0M). Over the past eight quarters, CROWN HOLDINGS, INC.'s revenue compounded faster (3.5% CAGR vs -5.5%).

Danish Crown is an internationally oriented Danish food company with butchery operations, processing and sales of primarily pork and beef. Through a number of subsidiaries, the group is widely represented within the food industry with various food products. The CEO is Niels Duedahl and the headquarters are located in Randers.

International Flavors & Fragrances Inc. (IFF) is an American corporation that creates products across taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics categories, which it markets globally. It is headquartered in New York City and has creative, sales, and manufacturing facilities in 44 countries. The company is a member of the S&P 500 index.

CCK vs IFF — Head-to-Head

Bigger by revenue
CCK
CCK
1.3× larger
CCK
$3.3B
$2.6B
IFF
Growing faster (revenue YoY)
CCK
CCK
+19.5% gap
CCK
12.9%
-6.6%
IFF
Higher net margin
CCK
CCK
6.1% more per $
CCK
6.3%
0.2%
IFF
More free cash flow
IFF
IFF
$259.0M more FCF
IFF
$130.0M
$-129.0M
CCK
Faster 2-yr revenue CAGR
CCK
CCK
Annualised
CCK
3.5%
-5.5%
IFF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CCK
CCK
IFF
IFF
Revenue
$3.3B
$2.6B
Net Profit
$206.0M
$5.0M
Gross Margin
34.4%
Operating Margin
11.2%
3.7%
Net Margin
6.3%
0.2%
Revenue YoY
12.9%
-6.6%
Net Profit YoY
-9.3%
110.9%
EPS (diluted)
$175.00
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CCK
CCK
IFF
IFF
Q1 26
$3.3B
Q4 25
$3.1B
$2.6B
Q3 25
$3.2B
$2.7B
Q2 25
$3.1B
$2.8B
Q1 25
$2.9B
$2.8B
Q4 24
$2.9B
$2.8B
Q3 24
$3.1B
$2.9B
Q2 24
$3.0B
$2.9B
Net Profit
CCK
CCK
IFF
IFF
Q1 26
$206.0M
Q4 25
$150.0M
$5.0M
Q3 25
$214.0M
$40.0M
Q2 25
$181.0M
$612.0M
Q1 25
$193.0M
$-1.0B
Q4 24
$358.0M
$-46.0M
Q3 24
$-175.0M
$59.0M
Q2 24
$174.0M
$170.0M
Gross Margin
CCK
CCK
IFF
IFF
Q1 26
Q4 25
34.4%
Q3 25
36.5%
Q2 25
37.3%
Q1 25
36.4%
Q4 24
35.4%
Q3 24
36.0%
Q2 24
37.0%
Operating Margin
CCK
CCK
IFF
IFF
Q1 26
11.2%
Q4 25
12.0%
3.7%
Q3 25
13.2%
8.4%
Q2 25
12.4%
7.2%
Q1 25
12.6%
-31.8%
Q4 24
12.1%
4.6%
Q3 24
14.4%
8.5%
Q2 24
12.5%
6.6%
Net Margin
CCK
CCK
IFF
IFF
Q1 26
6.3%
Q4 25
4.8%
0.2%
Q3 25
6.7%
1.5%
Q2 25
5.7%
22.1%
Q1 25
6.7%
-35.8%
Q4 24
12.3%
-1.7%
Q3 24
-5.7%
2.0%
Q2 24
5.7%
5.9%
EPS (diluted)
CCK
CCK
IFF
IFF
Q1 26
$175.00
Q4 25
$1.32
$0.03
Q3 25
$1.85
$0.16
Q2 25
$1.56
$2.38
Q1 25
$1.65
$-3.98
Q4 24
$3.01
$-0.17
Q3 24
$-1.47
$0.23
Q2 24
$1.45
$0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCK
CCK
IFF
IFF
Cash + ST InvestmentsLiquidity on hand
$584.0M
$590.0M
Total DebtLower is stronger
$53.0M
$5.6B
Stockholders' EquityBook value
$3.4B
$14.2B
Total Assets
$14.3B
$25.5B
Debt / EquityLower = less leverage
0.02×
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCK
CCK
IFF
IFF
Q1 26
$584.0M
Q4 25
$764.0M
$590.0M
Q3 25
$1.2B
$621.0M
Q2 25
$936.0M
$816.0M
Q1 25
$779.0M
$613.0M
Q4 24
$918.0M
$469.0M
Q3 24
$1.7B
$567.0M
Q2 24
$1.4B
$671.0M
Total Debt
CCK
CCK
IFF
IFF
Q1 26
$53.0M
Q4 25
$5.9B
$5.6B
Q3 25
$6.2B
Q2 25
$6.3B
Q1 25
$6.2B
Q4 24
$6.1B
$8.9B
Q3 24
$7.4B
Q2 24
$7.3B
Stockholders' Equity
CCK
CCK
IFF
IFF
Q1 26
$3.4B
Q4 25
$3.0B
$14.2B
Q3 25
$3.0B
$14.2B
Q2 25
$2.9B
$14.4B
Q1 25
$2.7B
$13.2B
Q4 24
$2.8B
$13.9B
Q3 24
$2.5B
$14.8B
Q2 24
$2.5B
$14.3B
Total Assets
CCK
CCK
IFF
IFF
Q1 26
$14.3B
Q4 25
$14.3B
$25.5B
Q3 25
$14.6B
$25.8B
Q2 25
$14.5B
$26.1B
Q1 25
$13.8B
$28.3B
Q4 24
$13.8B
$28.7B
Q3 24
$15.1B
$29.9B
Q2 24
$14.9B
$29.5B
Debt / Equity
CCK
CCK
IFF
IFF
Q1 26
0.02×
Q4 25
1.96×
0.40×
Q3 25
2.07×
Q2 25
2.18×
Q1 25
2.31×
Q4 24
2.23×
0.64×
Q3 24
2.93×
Q2 24
2.92×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCK
CCK
IFF
IFF
Operating Cash FlowLast quarter
$318.0M
Free Cash FlowOCF − Capex
$-129.0M
$130.0M
FCF MarginFCF / Revenue
-4.0%
5.0%
Capex IntensityCapex / Revenue
2.7%
7.3%
Cash ConversionOCF / Net Profit
63.60×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$256.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCK
CCK
IFF
IFF
Q1 26
Q4 25
$487.0M
$318.0M
Q3 25
$580.0M
$164.0M
Q2 25
$449.0M
$241.0M
Q1 25
$14.0M
$127.0M
Q4 24
$295.0M
$368.0M
Q3 24
$554.0M
$366.0M
Q2 24
$445.0M
$237.0M
Free Cash Flow
CCK
CCK
IFF
IFF
Q1 26
$-129.0M
Q4 25
$255.0M
$130.0M
Q3 25
$488.0M
$32.0M
Q2 25
$393.0M
$146.0M
Q1 25
$-19.0M
$-52.0M
Q4 24
$146.0M
$208.0M
Q3 24
$478.0M
$263.0M
Q2 24
$361.0M
$155.0M
FCF Margin
CCK
CCK
IFF
IFF
Q1 26
-4.0%
Q4 25
8.2%
5.0%
Q3 25
15.2%
1.2%
Q2 25
12.5%
5.3%
Q1 25
-0.7%
-1.8%
Q4 24
5.0%
7.5%
Q3 24
15.5%
9.0%
Q2 24
11.9%
5.4%
Capex Intensity
CCK
CCK
IFF
IFF
Q1 26
2.7%
Q4 25
7.4%
7.3%
Q3 25
2.9%
4.9%
Q2 25
1.8%
3.4%
Q1 25
1.1%
6.3%
Q4 24
5.1%
5.8%
Q3 24
2.5%
3.5%
Q2 24
2.8%
2.8%
Cash Conversion
CCK
CCK
IFF
IFF
Q1 26
Q4 25
3.25×
63.60×
Q3 25
2.71×
4.10×
Q2 25
2.48×
0.39×
Q1 25
0.07×
Q4 24
0.82×
Q3 24
6.20×
Q2 24
2.56×
1.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CCK
CCK

Americas Beverage$1.5B47%
European Beverage$588.0M18%
Transit Packaging$496.0M15%
Other$342.0M10%
Asia Pacific$303.0M9%

IFF
IFF

Food Ingredients$802.0M31%
Scent$610.0M24%
Other$589.0M23%
Taste$588.0M23%

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