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Side-by-side financial comparison of CROWN HOLDINGS, INC. (CCK) and PAR PACIFIC HOLDINGS, INC. (PARR). Click either name above to swap in a different company.

CROWN HOLDINGS, INC. is the larger business by last-quarter revenue ($3.3B vs $1.8B, roughly 1.8× PAR PACIFIC HOLDINGS, INC.). CROWN HOLDINGS, INC. runs the higher net margin — 6.3% vs 4.3%, a 2.0% gap on every dollar of revenue. On growth, CROWN HOLDINGS, INC. posted the faster year-over-year revenue change (12.9% vs -1.0%). PAR PACIFIC HOLDINGS, INC. produced more free cash flow last quarter ($66.3M vs $-129.0M). Over the past eight quarters, CROWN HOLDINGS, INC.'s revenue compounded faster (3.5% CAGR vs -4.3%).

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.

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

CCK vs PARR — Head-to-Head

Bigger by revenue
CCK
CCK
1.8× larger
CCK
$3.3B
$1.8B
PARR
Growing faster (revenue YoY)
CCK
CCK
+13.9% gap
CCK
12.9%
-1.0%
PARR
Higher net margin
CCK
CCK
2.0% more per $
CCK
6.3%
4.3%
PARR
More free cash flow
PARR
PARR
$195.3M more FCF
PARR
$66.3M
$-129.0M
CCK
Faster 2-yr revenue CAGR
CCK
CCK
Annualised
CCK
3.5%
-4.3%
PARR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CCK
CCK
PARR
PARR
Revenue
$3.3B
$1.8B
Net Profit
$206.0M
$77.7M
Gross Margin
Operating Margin
11.2%
5.5%
Net Margin
6.3%
4.3%
Revenue YoY
12.9%
-1.0%
Net Profit YoY
-9.3%
239.5%
EPS (diluted)
$1.56
$1.40

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
PARR
PARR
Q1 26
$3.3B
Q4 25
$3.1B
$1.8B
Q3 25
$3.2B
$2.0B
Q2 25
$3.1B
$1.9B
Q1 25
$2.9B
$1.7B
Q4 24
$2.9B
$1.8B
Q3 24
$3.1B
$2.1B
Q2 24
$3.0B
$2.0B
Net Profit
CCK
CCK
PARR
PARR
Q1 26
$206.0M
Q4 25
$150.0M
$77.7M
Q3 25
$214.0M
$262.6M
Q2 25
$181.0M
$59.5M
Q1 25
$193.0M
$-30.4M
Q4 24
$358.0M
$-55.7M
Q3 24
$-175.0M
$7.5M
Q2 24
$174.0M
$18.6M
Operating Margin
CCK
CCK
PARR
PARR
Q1 26
11.2%
Q4 25
12.0%
5.5%
Q3 25
13.2%
17.8%
Q2 25
12.4%
5.1%
Q1 25
12.6%
-0.9%
Q4 24
12.1%
-2.6%
Q3 24
14.4%
1.7%
Q2 24
12.5%
2.4%
Net Margin
CCK
CCK
PARR
PARR
Q1 26
6.3%
Q4 25
4.8%
4.3%
Q3 25
6.7%
13.0%
Q2 25
5.7%
3.1%
Q1 25
6.7%
-1.7%
Q4 24
12.3%
-3.0%
Q3 24
-5.7%
0.3%
Q2 24
5.7%
0.9%
EPS (diluted)
CCK
CCK
PARR
PARR
Q1 26
$1.56
Q4 25
$1.32
$1.40
Q3 25
$1.85
$5.16
Q2 25
$1.56
$1.17
Q1 25
$1.65
$-0.57
Q4 24
$3.01
$-0.98
Q3 24
$-1.47
$0.13
Q2 24
$1.45
$0.32

Balance Sheet & Financial Strength

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

Metric
CCK
CCK
PARR
PARR
Cash + ST InvestmentsLiquidity on hand
$584.0M
$164.1M
Total DebtLower is stronger
$53.0M
$802.9M
Stockholders' EquityBook value
$3.4B
$1.5B
Total Assets
$14.3B
$3.8B
Debt / EquityLower = less leverage
0.02×
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCK
CCK
PARR
PARR
Q1 26
$584.0M
Q4 25
$764.0M
$164.1M
Q3 25
$1.2B
$159.1M
Q2 25
$936.0M
$169.2M
Q1 25
$779.0M
$133.7M
Q4 24
$918.0M
$191.9M
Q3 24
$1.7B
$183.0M
Q2 24
$1.4B
$179.7M
Total Debt
CCK
CCK
PARR
PARR
Q1 26
$53.0M
Q4 25
$5.9B
$802.9M
Q3 25
$6.2B
$967.1M
Q2 25
$6.3B
$1.1B
Q1 25
$6.2B
$1.2B
Q4 24
$6.1B
$1.1B
Q3 24
$7.4B
$1.0B
Q2 24
$7.3B
$1.1B
Stockholders' Equity
CCK
CCK
PARR
PARR
Q1 26
$3.4B
Q4 25
$3.0B
$1.5B
Q3 25
$3.0B
$1.4B
Q2 25
$2.9B
$1.1B
Q1 25
$2.7B
$1.1B
Q4 24
$2.8B
$1.2B
Q3 24
$2.5B
$1.3B
Q2 24
$2.5B
$1.3B
Total Assets
CCK
CCK
PARR
PARR
Q1 26
$14.3B
Q4 25
$14.3B
$3.8B
Q3 25
$14.6B
$4.1B
Q2 25
$14.5B
$3.9B
Q1 25
$13.8B
$3.8B
Q4 24
$13.8B
$3.8B
Q3 24
$15.1B
$3.9B
Q2 24
$14.9B
$3.9B
Debt / Equity
CCK
CCK
PARR
PARR
Q1 26
0.02×
Q4 25
1.96×
0.53×
Q3 25
2.07×
0.69×
Q2 25
2.18×
0.97×
Q1 25
2.31×
1.04×
Q4 24
2.23×
0.93×
Q3 24
2.93×
0.83×
Q2 24
2.92×
0.84×

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
PARR
PARR
Operating Cash FlowLast quarter
$93.8M
Free Cash FlowOCF − Capex
$-129.0M
$66.3M
FCF MarginFCF / Revenue
-4.0%
3.7%
Capex IntensityCapex / Revenue
2.7%
1.5%
Cash ConversionOCF / Net Profit
1.21×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$296.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCK
CCK
PARR
PARR
Q1 26
Q4 25
$487.0M
$93.8M
Q3 25
$580.0M
$219.4M
Q2 25
$449.0M
$133.6M
Q1 25
$14.0M
$-1.4M
Q4 24
$295.0M
$-15.5M
Q3 24
$554.0M
$78.5M
Q2 24
$445.0M
$-4.7M
Free Cash Flow
CCK
CCK
PARR
PARR
Q1 26
$-129.0M
Q4 25
$255.0M
$66.3M
Q3 25
$488.0M
$187.1M
Q2 25
$393.0M
$85.5M
Q1 25
$-19.0M
$-42.3M
Q4 24
$146.0M
$-63.1M
Q3 24
$478.0M
$50.2M
Q2 24
$361.0M
$-41.6M
FCF Margin
CCK
CCK
PARR
PARR
Q1 26
-4.0%
Q4 25
8.2%
3.7%
Q3 25
15.2%
9.3%
Q2 25
12.5%
4.5%
Q1 25
-0.7%
-2.4%
Q4 24
5.0%
-3.4%
Q3 24
15.5%
2.3%
Q2 24
11.9%
-2.1%
Capex Intensity
CCK
CCK
PARR
PARR
Q1 26
2.7%
Q4 25
7.4%
1.5%
Q3 25
2.9%
1.6%
Q2 25
1.8%
2.5%
Q1 25
1.1%
2.3%
Q4 24
5.1%
2.6%
Q3 24
2.5%
1.3%
Q2 24
2.8%
1.8%
Cash Conversion
CCK
CCK
PARR
PARR
Q1 26
Q4 25
3.25×
1.21×
Q3 25
2.71×
0.84×
Q2 25
2.48×
2.25×
Q1 25
0.07×
Q4 24
0.82×
Q3 24
10.48×
Q2 24
2.56×
-0.25×

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%

PARR
PARR

Distillates$750.6M41%
Gasoline$603.9M33%
Other Refined Products$348.8M19%
Logistics$73.7M4%
Other Revenues$44.8M2%

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