Saturday 17 October 2026 Export BALL’s income statement to Excel — free account

Ball Corporation

BALL Consumer Cyclical Packaging & Containers

Ball Corporation’s revenue for fiscal 2025 (year ended December 2025) was $13.2 billion, up 11.6% from fiscal 2024. In the quarter to June 2026, revenue grew 19.7%, EPS grew 7.79%, free cash flow grew 97.9% and total debt rose 2.75%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years; insiders bought in the last twelve months.

63.15 0.35 +0.56%

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Market cap: $16.6B
P/E: 17.9×
Fwd P/E: 15.0×
Dividend yield: 1.27%
F-score: 6/9
Altman Z: 2.45
Beneish M: −2.38
Dividend safety: 68/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.10

Total sells 2.34

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	—	—	—	1	1	—	—	—	—	2	—	—

Insider Ownership 0.68%

Capital & Financial Ratios $m

Market Cap 16,620.00

Revenue 14,326.00

Net Income 949.00

Free Cash Flow 827.00

Net Debt 6,729.00

Current Ratio 1.07

Debt/Equity 1.25

P/E ratio 17.89

Fwd P/E 15.00

P/S ratio 1.17

P/B ratio 2.91

Past 5Y EPS Growth 13.40%

This Y EPS Growth 12.71%

Next Y EPS Growth 12.30%

Next Y revenue growth 13.37%

Next 5Y EPS Growth 12.09%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 15.92%

10-year low 10-year high

P/S against its own 10 years 13.34%

10-year low 10-year high

P/B against its own 10 years 19.31%

10-year low 10-year high

EV/Sales against its own 10 years 8.70%

10-year low 10-year high

EV/FCF against its own 10 years 20.45%

10-year low 10-year high

Dividends

Payout Ratio 0.23

Annual Dividend Rate 0.80

Annual Dividend Yield 1.27%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.80	0.20 0.20 0.20
2025	0.80	0.20 0.20 0.20 0.20
2024	0.80	0.20 0.20 0.20 0.20
2023	90.80	0.20 90.00 0.20 0.20 0.20
2022	270.80	0.20 90.00 0.20 90.00 0.20 90.00 0.20
2021	360.70	0.15 90.00 0.15 90.00 0.20 90.00 0.20 90.00
2020	320.60	0.15 68.00 0.15 68.00 0.15 68.00 0.15 116.00
2019	240.55	0.10 80.00 0.15 80.00 0.15 80.00 0.15
2018	320.40	0.10 80.00 0.10 80.00 0.10 80.00 0.10 80.00
2017	0.37	0.07 0.10 0.10 0.10
2016	0.26	0.07 0.07 0.07 0.07

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	695	885	1,212	491
Receivables	2,057	2,166	2,606	3,262
Inventory	1,531	1,477	2,013	2,517
Other	600	313	282	381
	4,883	4,841	6,113	6,651

	2023	2024	2025	Q'26
Payables	3,661	3,418	4,452	4,549
ST’ Debt	1,065	361	21	692
Other	1,214	765	711	744
	6,185	4,847	5,487	6,221

Compound Annual Growth %

	10y	5y	3y
Sales	5.11%	2.24%	(0.53%)
Cash Flow	2.28%	(2.50%)	61.25%
Earnings	12.49%	9.29%	8.25%
Book Value	15.70%	10.19%	15.41%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	3,603	3,997	—	—	—
’25	3,097	3,338	3,379	3,347	13,161
’24	2,874	2,959	3,082	2,880	11,795
’23	2,981	3,067	3,111	2,903	12,062
’22	3,716	4,134	3,951	1,571	13,372
’21	3,125	3,459	3,553	3,674	13,811
’20	2,785	2,801	3,093	3,102	11,781

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(777)	608	—	—	—
’25	(665)	332	384	1,211	1,262
’24	(1,247)	252	610	500	115
’23	(275)	636	766	736	1,863
’22	(804)	406	174	525	301
’21	(477)	645	708	884	1,760
’20	(708)	476	577	1,087	1,432

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(938)	467	—	—	—
’25	(746)	236	257	1,041	788
’24	(1,401)	146	493	393	(369)
’23	(618)	371	544	521	818
’22	(1,166)	(51)	(269)	136	(1,350)
’21	(840)	251	261	362	34
’20	(921)	242	341	657	319

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.77	0.83	—	—	—
’25	0.63	0.76	1.18	0.75	3.30
’24	11.61	0.51	0.65	(0.11)	13.00
’23	0.56	0.55	0.64	0.49	2.23
’22	1.37	(0.55)	1.24	0.17	2.25
’21	0.60	0.61	0.54	0.90	2.65
’20	0.07	0.28	0.72	0.68	1.76

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	31.15	35.65	34.71	43.87	51.26	77.95	46.00	42.81	54.06	43.51	Analyst estimates 2026–2028 Powerpack
	High	41.12	43.24	50.98	81.88	102.76	98.09	97.99	62.14	71.32	60.29
People
People	Employees	18,450	18,300	17,500	18,300	21,500	24,300	21,000	21,000	16,000	16,000
	Revenue/emp, $m	0.49	0.60	0.66	0.63	0.55	0.57	0.64	0.57	0.74	0.82
Income, $m
Income, $m	Revenue	9,061	10,983	11,635	11,474	11,781	13,811	13,372	12,062	11,795	13,161
	Gross margin, %	19.48	20.63	19.82	19.79	20.86	19.74	16.83	19.13	20.70	19.59
	EBT	125	514	633	608	687	1,008	713	614	535	1,128
	EBT margin, %	1.38	4.68	5.44	5.30	5.83	7.30	5.33	5.09	4.54	8.57
	Net income	266	380	453	536	582	878	732	711	4,014	915
	Depreciation	453	729	702	678	668	700	672	686	620	622
Per share, $
Per share, $	Revenue	28.63	31.36	33.74	34.65	36.11	42.37	42.26	38.32	38.61	47.99
	Earnings	0.71	1.14	1.32	1.71	1.79	2.69	2.27	2.25	13.12	3.33
	Cash flow	0.61	4.22	4.54	4.68	4.39	5.40	0.95	5.92	0.38	4.60
	Capex	(1.91)	(1.59)	(2.37)	(1.81)	(3.41)	(5.29)	(5.22)	(3.32)	(1.58)	(1.73)
	Free cash flow	(1.30)	2.63	2.18	2.87	0.98	0.10	(4.27)	2.60	(1.21)	2.87
	Book value	11.19	11.55	10.33	9.12	10.23	11.30	11.15	12.19	19.41	19.77
	Shares, m	317	350	345	331	326	326	316	315	305	274
Valuation, ×
Valuation, ×	P/E	38.36	33.74	34.83	37.82	52.06	35.66	22.89	25.44	4.32	15.91
	P/S	1.32	1.23	1.36	1.87	2.58	2.27	1.23	1.49	1.43	1.10
	P/B	3.39	3.34	4.45	7.09	9.11	8.52	4.66	4.67	2.84	2.68
	EV/Sales	2.09	1.83	1.88	2.39	3.13	2.79	1.86	2.14	1.83	1.54
	EV/FCF	(45.82)	21.75	29.15	28.88	115.47	1,134.03	(18.40)	31.55	(58.61)	25.80
Cash, $m
Cash, $m	Operating cash flow	193	1,478	1,566	1,548	1,432	1,760	301	1,863	115	1,262
	Capex	(606)	(556)	(816)	(598)	(1,113)	(1,726)	(1,651)	(1,045)	(484)	(474)
	Free cash flow	(413)	922	750	950	319	34	(1,350)	818	(369)	788
Balance, $m
Balance, $m	Working capital	684	(349)	(155)	(693)	231	(730)	(1,519)	(1,302)	(6)	626
	Total debt	7,532	6,971	6,729	7,817	7,800	7,737	8,948	8,569	5,673	7,012
	Net debt	6,935	6,523	6,008	6,019	6,434	7,174	8,400	7,874	4,788	5,800
	Shareholders’ equity	3,541	4,046	3,562	3,019	3,337	3,685	3,527	3,837	5,930	5,421
Returns, %
Returns, %	ROA	2.03	2.24	2.69	3.34	3.29	4.63	3.63	3.61	21.71	4.91
	ROIC	2.76	4.74	6.11	6.45	6.42	7.43	5.40	5.54	4.45	7.97
	ROE	10.95	9.86	11.93	17.20	18.41	25.01	19.94	19.20	82.07	16.07

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SW Smurfit Westrock PLC	$21.6B	43.3×	18.6×	+1.15% (above 0%: growing)	n/m	+0.98% (above 0%: growing)	17.42%	3.85%	Compare
PKG Packaging Corporation of America	$20.7B	30.6×	22.6×	+14.67% (above 0%: growing)	−19.40% (below 0%: shrinking)	+5.30% (above 0%: growing)	20.58%	11.70%	Compare
AMCR Amcor PLC	$20.2B	18.5×	11.8×	+25.90% (above 0%: growing)	n/m	+54.49% (above 0%: growing)	20.90%	10.10%	Compare
IP International Paper Company	$18.1B	— (loss-making)	25.3×	−2.25% (below 0%: shrinking)	n/m	−95.31% (below 0%: shrinking)	27.65%	1.42%	Compare
BALL Ball Corporation	$16.6B	17.9×	15.0×	+19.74% (above 0%: growing)	+7.79% (above 0%: growing)	+97.88% (above 0%: growing)	17.44%	8.68%
AVY Avery Dennison Corporation	$13.3B	19.2×	16.3×	+10.92% (above 0%: growing)	+10.79% (above 0%: growing)	+94.11% (above 0%: growing)	29.62%	12.73%	Compare
CCK Crown Holdings, Inc.	$12.4B	16.3×	12.9×	+16.48% (above 0%: growing)	+42.68% (above 0%: growing)	+52.62% (above 0%: growing)	17.23%	12.65%	Compare
SON Sonoco Products Company	$4.9B	7.9×	11.9×	−1.31% (below 0%: shrinking)	−78.83% (below 0%: shrinking)	+138.94% (above 0%: growing)	20.81%	10.23%	Compare
REYN Reynolds Consumer Products Inc.	$4.8B	13.9×	14.0×	+0.64% (above 0%: growing)	+20.00% (above 0%: growing)	−11.76% (below 0%: shrinking)	25.95%	14.62%	Compare
Median of peers	$15.7B	18.5×	15.2×	+6.04%	+10.79%	+28.96%	20.86%	10.97%

All 23 Packaging & Containers stocks →

Ball Corporation (BALL) key facts

Strength: Ball Corporation’s revenue for fiscal 2025 (year ended December 2025) was $13.2 billion, up 11.6% from fiscal 2024.
Ball Corporation (BALL) is a Packaging & Containers company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, BALL traded at $63.15, a market capitalization of $16.6 billion.
Ball Corporation pays an annual dividend of $0.80 per share, a yield of 1.27%, with a payout ratio of 22.7%.
Return on equity was 16.1% and debt-to-equity 1.25.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.45 (grey zone) for fiscal 2025.