Financials · BALL

Ball Corporation (BALL) financials

For the twelve months ended Sep 30, 2026, Ball Corporation reported $15.13B of revenue and $532.00M of net income.

Revenue, TTM
$15.13B
Revenue growth, YoY
+19.2%
Net income, TTM
$532.00M
Net income growth, YoY
-21.8%
Net margin
3.5%
Free cash flow, TTM
$602.00M
EPS, diluted, TTM
$1.97
EPS growth, YoY
-19.9%
Cash
$410.00M
Total debt
$7.28B
P/E
32.25
P/S
1.13
Market cap
$17.16B
Annual revenue$13.16B
FY2016FY2025
Annual net income$912.00M
FY2016FY2025
Annual free cash flow$788.00M
FY2016FY2025

BALL revenue and earnings growth

BALL revenueQ3 2026$4.19B

Quarter YoY
+23.9%
QoQ
+4.8%
FY YoY
+11.6%
5Y CAGR
+2.2%
10Y CAGR
+5.1%

BALL revenue was $4.19B in fiscal Q3 2026 (ended Sep 30, 2026), up 23.9% from a year earlier and up 4.8% from the prior quarter. For the full fiscal 2025 it was $13.16B, up 11.6% from fiscal 2024. Compound annual growth was +2.2% over 5 years and +5.1% over 10 years. It rose in 6 of the last 10 fiscal years.

BALL net incomeQ3 2026-$94.00M

FY YoY
-77.2%
5Y CAGR
+9.3%
10Y CAGR
+12.5%

BALL net income was -$94.00M in fiscal Q3 2026 (ended Sep 30, 2026), compared with $321.00M a year earlier. For the full fiscal 2025 it was $912.00M, down 77.2% from fiscal 2024. Compound annual growth was +9.3% over 5 years and +12.5% over 10 years. It rose in 6 of the last 10 fiscal years.

BALL EPSQ3 2026-$0.36

FY YoY
-74.6%
5Y CAGR
+13.4%
10Y CAGR
+12.7%

BALL diluted EPS was -$0.36 in fiscal Q3 2026 (ended Sep 30, 2026), compared with $1.18 a year earlier. For the full fiscal 2025 it was $3.30, down 74.6% from fiscal 2024. Compound annual growth was +13.4% over 5 years and +12.7% over 10 years.

BALL free cash flowQ3 2026$32.00M

Quarter YoY
-87.5%
QoQ
-93.1%
5Y CAGR
+19.8%
10Y CAGR
+5.1%

BALL free cash flow was $32.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 87.5% from a year earlier and down 93.1% from the prior quarter. For the full fiscal 2025 it was $788.00M, compared with -$369.00M in fiscal 2024. Compound annual growth was +19.8% over 5 years and +5.1% over 10 years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$13.16B$11.79B$12.06B$13.37B$13.81B$11.78B$11.47B$11.63B$10.98B$9.06B
Gross profit------$1.77B$1.80B$1.76B$1.42B
Research and development--$55.00M$55.00M$56.00M$47.00M$44.00M$32.00M$27.00M$28.00M
Selling, general and admin$566.00M$647.00M$532.00M$555.00M$593.00M$525.00M$417.00M$478.00M$514.00M$512.00M
Operating income--$1.27B$1.21B$1.29B$1.00B$932.00M$935.00M$802.00M$463.00M
Pre-tax income$1.13B$535.00M$614.00M$713.00M$1.01B$687.00M$608.00M$633.00M$514.00M$125.00M
Income tax$240.00M$133.00M$146.00M$138.00M$156.00M$99.00M$71.00M$185.00M$165.00M-$126.00M
Net income$912.00M$4.01B$707.00M$719.00M$878.00M$585.00M$566.00M$454.00M$374.00M$263.00M
EPS, basic$3.33$13.12$2.25$2.27$2.69$1.79$1.71$1.32$1.07$0.83
EPS, diluted$3.30$13.00$2.23$2.25$2.65$1.76$1.66$1.29$1.05$0.81
Diluted shares276.0M308.2M317.0M320.0M331.6M332.8M340.1M352.3M357.0M322.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.21B$885.00M$695.00M$558.00M$579.00M$1.37B$1.38B$728.00M$459.00M$607.00M
Receivables$2.06B$1.74B$1.67B$2.11B$2.02B$1.34B$1.19B$1.28B$1.34B$1.16B
Inventory$2.01B$1.48B$1.53B$2.18B$1.79B$1.35B$1.27B$1.27B$1.53B$1.41B
Current assets$6.11B$4.84B$4.88B$5.49B$5.22B$4.67B$4.88B$3.94B$3.76B$3.65B
Goodwill$4.38B$4.17B$4.25B$4.20B$4.38B$4.48B$4.42B$4.47B$4.93B$5.09B
Total assets$19.52B$17.63B$19.30B$19.91B$19.71B$18.25B$17.36B$16.55B$17.17B$16.17B
Current liabilities$5.49B$4.85B$6.18B$7.01B$5.95B$4.44B$5.58B$4.09B$4.11B$2.97B
Short-term debt$21.00M$361.00M$1.06B$1.41B$15.00M$17.00M$1.48B$219.00M$453.00M$222.00M
Long-term debt$6.99B$5.31B$7.50B$7.54B$7.72B$7.78B$6.34B$6.51B$6.52B$7.31B
Total debt$7.01B$5.67B$8.57B$8.95B$7.74B$7.80B$7.82B$6.73B$6.97B$7.53B
Total liabilities$14.10B$11.70B$15.47B$16.38B$16.03B$14.91B$14.34B$12.99B$13.12B$12.63B
Shareholders' equity$5.42B$5.93B$3.84B$3.53B$3.69B$3.34B$3.02B$3.56B$4.05B$3.54B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$1.26B$115.00M$1.86B$301.00M$1.76B$1.43B$1.55B$1.57B$1.48B$193.00M
Capital expenditures$474.00M$484.00M$1.04B$1.65B$1.73B$1.11B$598.00M$816.00M$556.00M$606.00M
Free cash flow$788.00M-$369.00M$818.00M-$1.35B$34.00M$319.00M$950.00M$750.00M$922.00M-$413.00M
Investing cash flow-$656.00M$5.00B-$1.05B-$786.00M-$1.64B-$1.18B-$422.00M-$206.00M-$545.00M-$1.28B
Financing cash flow-$344.00M-$4.79B-$662.00M$485.00M-$894.00M-$602.00M-$46.00M-$1.04B-$1.07B-$387.00M
Dividends paid$220.00M$244.00M$252.00M$254.00M$229.00M$198.00M$182.00M$137.00M$129.00M$83.00M
Share repurchases$1.32B$1.71B$3.00M$618.00M$766.00M$57.00M$964.00M$739.00M$103.00M$107.00M
Depreciation and amortization$622.00M$611.00M$605.00M$594.00M$700.00M$668.00M$678.00M$702.00M$729.00M$453.00M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY11.6%-2.2%-9.8%-3.2%17.2%2.7%-1.4%5.9%21.2%13.3%
Net income growth, YoY-77.2%466.9%-1.7%-18.1%50.1%3.4%24.7%21.4%42.2%-6.4%
EPS growth, YoY-74.6%483.0%-0.9%-15.1%50.6%6.0%28.7%22.9%29.6%-19.0%
Gross margin------15.5%15.5%16.0%15.7%
Operating margin--10.6%9.1%9.3%8.5%8.1%8.0%7.3%5.1%
Net margin6.9%34.0%5.9%5.4%6.4%5.0%4.9%3.9%3.4%2.9%
Free cash flow margin6.0%-3.1%6.8%-10.1%0.2%2.7%8.3%6.4%8.4%-4.6%
Return on equity16.8%67.6%18.4%20.4%23.8%17.5%18.7%12.7%9.2%7.4%
Return on assets4.7%22.7%3.7%3.6%4.5%3.2%3.3%2.7%2.2%1.6%
Current ratio1.111.000.790.780.881.050.880.960.921.23
Debt to equity1.290.962.232.542.102.342.591.891.722.13

Source: XBRL data Ball Corporation files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

BALL peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BALL$15.13B+19.2%$532.00M3.5%$17.16B
KMB$16.57B+0.6%$3.30B19.9%$66.54B
SW$31.48B+1.1%$473.00M1.5%$23.13B
PKG$9.82B+12.0%$727.10M7.4%$22.25B
AVY$9.36B+6.8%$708.30M7.6%$14.10B
CCK$13.77B+13.4%$857.00M6.2%$13.11B
WMS$3.26B+9.2%$405.49M12.4%$9.37B
REYN$3.80B+2.5%$323.00M8.5%$5.08B
SON$7.37B+3.6%-$227.21M-3.1%$4.99B

BALL FAQ

8 questions
  • What is BALL revenue?
    Ball Corporation (BALL) reported $15.13B of revenue for the twelve months ended Sep 30, 2026. That is up 19.2% from the year before. Revenue for fiscal 2025 was $13.16B.
  • Is BALL profitable?
    Yes. Ball Corporation earned $532.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 3.5%.
  • How much cash and debt does BALL have?
    Ball Corporation reported $410.00M in cash and cash equivalents and $7.28B of debt on its most recent balance sheet in SEC filings.
  • How fast is BALL revenue growing?
    Ball Corporation's revenue changed +11.6% in fiscal 2025, to $13.16B. Its compound annual growth rate was +2.2% over 5 years and +5.1% over 10 years.
  • What is BALL free cash flow?
    Ball Corporation generated $602.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.23B less capital expenditures.
  • What is BALL earnings per share?
    Diluted earnings per share were $1.97 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did BALL last report financial results?
    The latest statements here come from Ball Corporation's 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
  • Where does this BALL financial data come from?
    Quantisnow builds these statements from the structured XBRL data Ball Corporation files with the SEC. It is provided for information only and is not investment advice.