BALL
NYSE · USDBall Corporation
Consumer Cyclical · Packaging & Containers
CEO Ronald J. Lewis
Employees 16,000
R&D / revenue 0.0%
Last price
$63.20+0.64%last session
Market cap
$16.7B
P/E (TTM)
17.9x
From 52w high
−7.5%
From 52w low
+41.0%
1-year return
+33.3%
RSI 14 · vs SMA200
71.1 · +5.2%
IS score
61.5/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
BALL SPY XLY (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe36Profitability
70Growth
57Value
94Momentum
65Risk (safety)
71Quality
41Balance sheet
72Earnings quality
Flags
Strengths
✓ Piotroski 8+
Warnings
None of the computed warning flags fires for BALL (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Efficient ScalePiotroski 9 / 9Altman Z 2.6Beta 0.951 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
0
3 open-market sales, $914,139
Form 144 notices (12m): 5, $2.3M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2025-12-31
Net change in institutional holders
−1,468
7 new holders, 0 closed
17 filers hold 1.2% · 5 added, 19 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+160
439 funds adding shares
279 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
69.2%
20-day avg 64.1%, 50-day avg 67.2%
Latest 5.1 pp over its 20-day average · a flow, not short interest
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$13.2B
Revenue growth YoY+11.6%
Gross margin14.9%
Operating income$1.4B
Operating margin10.6%
Net income$912.0M
Net margin6.9%
EPS (diluted)$3.30
Cash flow
Operating cash flow$1.3B
Capital expenditure$474.0M
Free cash flow$788.0M
FCF conversion (FCF / OCF)62.4%
Stock-based compensation$0
FCF less SBC$788.0M
Buybacks$1.3B
Dividends$220.0M
Balance sheet & returns
Cash & short-term investments$1.2B
Total debt$7.0B
Net debt$5.8B
Shareholders' equity$5.4B
Goodwill & intangibles$5.4B
Debt / equity1.26
ROE (TTM)17.0%
ROIC (TTM)8.6%
Operating margin by fiscal year
Revenue $13.9B (FY2021) to $13.2B (FY2025), a -1.4% CAGR.
Valuation
P/E (TTM)17.9x
EV / EBITDA11.0x
Price / sales1.17x
Price / FCF20.2x
FCF yield4.94%
Buyback yield7.90%
SBC / revenue0.0%
Price / book2.92x
Forward P/E FY202615.7x
Forward P/E FY202714.0x
Forward P/E FY202812.6x
Forward multiples divide today's price by Street EPS estimates. Street mean target $71.50 across 4 analysts last quarter is theirs, not ours.
BALL vs industry median
58 companies in Packaging & Containers
BALL (TTM)Industry median
Asset turnover 0.71 vs industry 0.79 · financial leverage 3.50
Earnings delivery
Next report 2026-11-03 · consensus EPS $1.0792%
beat rate, 11 of 12 quarters
+3.9%
median EPS surprise
8
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-02 to 2026-08-04. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| BALL Ball Corporation | $16.7B | 17.9x | 17.0% | 6.6% | +11.6% | +33.3% |
| AMCR Amcor plc | $20.3B | 16.5x | 9.4% | 6.1% | +56.6% | +14.3% |
| PKG Packaging Corporation of Ame | $21.0B | 30.5x | 14.9% | 7.7% | +10.3% | +15.7% |
| AVY Avery Dennison Corporation | $13.3B | 19.2x | 31.2% | 8.3% | +5.8% | +12.5% |
| SW Smurfit Westrock plc | $21.6B | 43.3x | 2.7% | 1.1% | +8.3% | +0.8% |
| CCK Crown Holdings, Inc. | $12.4B | 16.4x | 27.2% | 6.7% | +10.3% | — |
| SEE Sealed Air Corporation | $6.2B | 15.8x | 54.3% | 8.1% | −0.6% | — |
| SON Sonoco Products Company | $4.9B | 7.7x | 18.9% | 5.6% | +31.7% | — |
12-month window: SPY +15.9%, sector ETF XLY −3.2%. Past returns describe history only.
Recent 8-K filings
2026-09-09Officer/Director Change; Regulation FD; Exhibits
2026-08-04Earnings Release; Exhibits
2026-05-05Earnings Release; Exhibits
2026-04-29Shareholder Vote; Exhibits
2026-02-03Results of Operations and Financial Condition; Financial Statements and Exhibits
2025-12-10Departure/Election of Directors; Appointment of Officers; Financial Statements and Exhibits
Context
Shares outstanding264,703,359
Free float99.7%
Institutional ownership1.2%
Beta0.95
Dividend yield1.27%
Last dividend$0.20 on 2026-09-01
50 / 200-day average$60.69 / $60.35
Large-cap Consumer Cyclical median P/E24.3x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where BALL sits among 16 scored companies in Packaging & Containers (0 = lowest value, 100 = highest). It is a position, not a grade.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | BALL | Industry percentile |
|---|---|---|
| P/E (TTM) | 17.7x | 50th |
| PEG (P/E ÷ 3-yr EPS CAGR) | 1.47 | 88th |
| Price / sales | 1.2x | 67th |
| Price / book | 2.9x | 64th |
| Price / tangible book | 37.8x | 100th |
| Price / free cash flow | 20.2x | 75th |
| Price / operating cash flow | 11.7x | 85th |
| Enterprise value | $23.5B | 80th |
| EV / sales | 1.6x | 73rd |
| EV / EBITDA | 11.0x | 73rd |
| EV / EBIT | 15.6x | 47th |
| EV / free cash flow | 28.4x | 75th |
| Earnings yield | 5.7% | 53rd |
| FCF yield | 4.9% | 40th |
| Operating cash flow yield | 8.5% | 27th |
| Graham number (per share) | $41.38 | 46th |
Profitability (TTM)
| Measure | BALL | Industry percentile |
|---|---|---|
| Gross margin | 16.4% | 20th |
| EBITDA margin | 15.0% | 40th |
| Operating margin | 11.1% | 67th |
| EBIT margin | 10.5% | 60th |
| Net margin | 6.6% | 47th |
| NOPAT margin | 8.7% | 60th |
| FCF margin | 5.8% | 53rd |
| Operating cash flow margin | 10.0% | 53rd |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | 4.1% | 0th |
| Stock comp / revenue | 0.0% | 0th |
| Effective tax rate | 21.3% | 33rd |
Returns on capital
| Measure | BALL | Industry percentile |
|---|---|---|
| ROE (on average equity) | 17.3% | 43rd |
| ROA | 4.9% | 40th |
| ROIC | 10.0% | 60th |
| ROCE | 10.8% | 67th |
| Return on tangible assets | 7.8% | 60th |
| Cash ROIC (OCF / invested capital) | 11.4% | 53rd |
| Gross profitability (GP / assets) | 11.7% | 27th |
| ROIC, 3-yr average | 12.3% | 92nd |
| ROIC, 5-yr average | 11.7% | 69th |
| ROE, 5-yr average | 26.1% | 92nd |
| Incremental ROIC | 209.4% | 93rd |
Growth
| Measure | BALL | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 15.7% | 87th |
| Revenue growth (QoQ) | 10.9% | 67th |
| Revenue CAGR, 3 yr | 2.3% | 57th |
| Revenue CAGR, 5 yr | 2.2% | 31st |
| Gross profit CAGR, 3 yr | 15.5% | 93rd |
| Operating income CAGR, 3 yr | 17.9% | 93rd |
| Net income growth (TTM YoY) | 70.1% | 57th |
| Net income CAGR, 3 yr | 5.9% | 46th |
| EPS growth (TTM YoY) | 76.8% | 64th |
| EPS CAGR, 3 yr | 12.1% | 54th |
| EPS CAGR, 5 yr | 6.3% | 40th |
| FCF growth (TTM YoY) | 119.9% | 64th |
| FCF CAGR, 3 yr | — | |
| Operating cash flow CAGR, 3 yr | 11.0% | 42nd |
| Book value CAGR, 3 yr | 21.1% | 85th |
| Dividend CAGR, 3 yr | 3.3% | 77th |
| Sustainable growth rate | 13.3% | 62nd |
Margin history & stability
| Measure | BALL | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | 15.6% | 7th |
| Operating margin, 3-yr average | 9.7% | 64th |
| Net margin, 3-yr average | 15.5% | 93rd |
| FCF margin, 3-yr average | 2.4% | 29th |
| Revenue stability (0-1) | 0.07 | 14th |
| Earnings stability (0-1) | 0.01 | 29th |
| Margin stability (0-1) | 0.87 | 14th |
Liquidity (latest quarter)
| Measure | BALL | Industry percentile |
|---|---|---|
| Cash & short-term investments | $491.0M | 67th |
| Net cash (− = net debt) | −$6.7B | 13th |
| Working capital | $430.0M | 53rd |
| Current ratio | 1.07 | 20th |
| Quick ratio | 0.66 | 20th |
| Cash ratio (cash + ST investments / current liabilities) | 0.08 | 13th |
| Defensive interval (days) | 1,779 days | 87th |
Leverage & solvency (latest quarter)
| Measure | BALL | Industry percentile |
|---|---|---|
| Total debt | $7.2B | 87th |
| Debt / equity | 1.26 | 50th |
| Net debt / equity | 1.17 | 50th |
| Debt / assets | 35.9% | 33rd |
| Debt / capital | 55.7% | 50th |
| Debt / EBITDA | 3.37 | 53rd |
| Net debt / EBITDA | 3.14 | 60th |
| Interest coverage (EBIT / interest) | 4.7x | 69th |
| Cash interest coverage | 4.5x | 73rd |
| Debt payback (years of OCF) | 5.1 yrs | 54th |
| Liabilities / assets | 71.3% | 60th |
| IS credit model rating | BBB- | |
| Implied credit spread (bps) | 350 | 47th |
Efficiency
| Measure | BALL | Industry percentile |
|---|---|---|
| Asset turnover | 0.74 | 60th |
| Fixed asset turnover | 2.01 | 27th |
| Inventory turnover | 5.6 | 53rd |
| Receivables turnover | 5.6 | 33rd |
| Days sales outstanding | 65 days | 67th |
| Days inventory outstanding | 65 days | 47th |
| Days payables outstanding | 123 days | 100th |
| Cash conversion cycle (days) | 7 days | 13th |
| Capex / revenue | 4.2% | 53rd |
| Capex / depreciation | 0.93 | 80th |
| Operating expense ratio | 4.6% | 7th |
Cash flow & earnings quality
| Measure | BALL | Industry percentile |
|---|---|---|
| Operating cash flow / net income | 1.51 | 36th |
| FCF / net income | 0.87 | 29th |
| FCF / operating cash flow | 58.0% | 38th |
| Capex / operating cash flow | 42.0% | 62nd |
| Accruals ratio | -2.5% | 67th |
| Sloan accruals ratio | -1.1% | 80th |
| Earnings quality score (0-1) | 1.00 | 79th |
Scores & forensic checks
| Measure | BALL | Industry percentile |
|---|---|---|
| IS score | 62 | 87th |
| IS profitability | 36 | 40th |
| IS growth | 70 | 80th |
| IS value | 57 | 47th |
| IS momentum | 94 | 93rd |
| IS risk (safety) | 65 | 53rd |
| IS quality | 71 | 93rd |
| IS balance sheet | 41 | 47th |
| IS earnings quality | 72 | 73rd |
| IS cash flow | 59 | 67th |
| Piotroski F-score (0-9) | 9 | 100th |
| Altman Z-score | 2.6 | 53rd |
| Beneish M-score | −2.48 | 53rd |
| Ohlson O-score | −7.06 | 47th |
| IS credit score | 53 | 53rd |
Size (TTM)
| Measure | BALL | Industry percentile |
|---|---|---|
| Market cap | $16.7B | 80th |
| Revenue | $14.3B | 87th |
| EBITDA | $2.1B | 87th |
| Net income | $946.0M | 80th |
| Free cash flow | $827.0M | 73rd |
| Total assets | $20.1B | 87th |
| Shareholders' equity | $5.7B | 87th |
| Employees | 16,000 | 40th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-10-15 | Buck Sherry Director |
Award / grant | 1,745 | — | — | 1,745 |
| 2026-10-15 | Nicosia Darlene Director |
Award / grant | 1,745 | — | — | 1,745 |
| 2026-10-13 | Lim-Johnson Hannah S. SVP, CLO & CORP SEC |
Option exercise | 6,477 | — | — | 15,623 |
| 2026-10-13 | Lim-Johnson Hannah S. SVP, CLO & CORP SEC |
Tax withholding | 1,873 | $59.56 | $111,556 | 13,750 |
| 2026-10-13 | Lim-Johnson Hannah S. SVP, CLO & CORP SEC |
Option exercise | 6,477 | — | — | 15,889 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Option exercise | 2,278 | $56.64 | $129,026 | 9,032 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Option exercise | 1,788 | $55.87 | $99,896 | 10,820 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Option exercise | 2,015 | $51.35 | $103,470 | 12,835 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Open-market sale | 5,626 | $63.80 | $358,933 | 7,209 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Option exercise | 2,278 | $56.64 | $129,026 | 759 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Option exercise | 1,788 | $55.87 | $99,896 | 1,788 |
| 2026-08-25 | Glew Mandy SVP and President, EMEA |
Option exercise | 2,015 | $51.35 | $103,470 | 6,046 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 14 | 27,925 | — |
| Open-market sale | Disposed | 3 | 14,435 | $914,139 |
| Option exercise | Acquired | 15 | 46,161 | $593,232 |
| Option exercise | Disposed | 15 | 46,161 | $593,232 |
| Tax withholding | Disposed | 1 | 1,873 | $111,556 |
| — | Disposed | 4 | 16,156 | $733,727 |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
12 months: 5 notices · 35,813 shares · $2.3M| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| 2026-08-25 | Mandy Glew | 5,626 | $358,933 |
| 2026-08-12 | Goodwin Deron | 1,869 | $117,500 |
| 2026-08-11 | Deron Goodwin | 6,940 | $437,468 |
| 2026-03-02 | Kathleen E Pitre | 10,660 | $710,320 |
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 2 trades (1 purchases) · Senate 0 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2026-04-13 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-05-13 |
| 2026-01-29 | Ro Khanna | House | Sale | $1,001 - $15,000 | 2026-02-10 |
| 2025-09-29 | Ro Khanna | House | Sale | $1,001 - $15,000 | 2025-10-03 |
| 2025-05-12 | Jefferson Shreve | House | Sale | $15,001 - $50,000 | 2025-06-23 |
| 2022-11-11 | Ron Wyden | Senate | Sale (Full) | $15,001 - $50,000 | 2023-05-15 |
| 2022-11-11 | Ron Wyden | Senate | Sale (Full) | $15,001 - $50,000 | 2023-05-14 |
| 2022-11-11 | Ronald Lee Wyden | Senate | Sale (Full) | $15,001 - $50,000 | 2023-05-14 |
| 2022-11-11 | Ron Wyden | Senate | Sale (Full) | $15,001 - $50,000 | 2022-12-11 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 21,009,466 | $1.3B | 7.94% |
| VANGUARD CAPITAL MANAGEMENT LLC | 17,422,457 | $1.1B | 6.58% |
| STATE STREET CORP | 13,416,598 | $837.2M | 5.07% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 12,314,049 | $768.4M | 4.65% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11,515,810 | $718.6M | 4.35% |
| Boston Partners | 8,720,340 | $544.1M | 3.29% |
| GEODE CAPITAL MANAGEMENT, LLC | 7,096,160 | $441.1M | 2.68% |
| JPMORGAN CHASE & CO | 6,983,163 | $433.8M | 2.64% |
| DIMENSIONAL FUND ADVISORS LP | 6,517,214 | $406.7M | 2.46% |
| FMR LLC | 6,434,199 | $401.5M | 2.43% |
| MORGAN STANLEY | 5,993,811 | $374.0M | 2.26% |
| Invesco Ltd. | 5,040,521 | $314.5M | 1.90% |
| FIL Ltd | 4,326,681 | $270.0M | 1.63% |
| NORGES BANK | 3,294,376 | $205.6M | 1.24% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2,711,531 | $169.2M | 1.02% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| None on file. | ||||||
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| 2026-08-07 | SCHEDULE 13G | STATE STREET CORPORATION | 5.0% | 13,430,923 |
| 2026-04-29 | SCHEDULE 13G | Vanguard Capital Management | 7.5% | 20,049,953 |
| 2026-03-26 | SCHEDULE 13G/A | The Vanguard Group | 0.0% | 0 |
| 2025-11-14 | SCHEDULE 13G | T. Rowe Price Associates, Inc. | 6.6% | 17,927,611 |
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 0.02% | $469.2M |
| VSMPX | 0.02% | $469.2M |
| VTI | 0.02% | $469.2M |
| VTSAX | 0.02% | $469.2M |
| VFFSX | 0.02% | $389.4M |
| VOO | 0.02% | $389.4M |
Share structure
Shares outstanding264,703,359
Float263,957,332
Free float99.7%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $13.9B | $15.3B | $12.0B | $11.8B | $13.2B |
| Cost of revenue | $11.9B | $13.5B | $10.3B | $10.0B | $11.2B |
| Gross profit | $2.0B | $1.8B | $1.7B | $1.8B | $2.0B |
| R&D | $56.0M | $55.0M | $55.0M | $0 | $0 |
| SG&A | $744.0M | $687.0M | $532.0M | $847.0M | $566.0M |
| Operating income | $1.2B | $1.0B | $1.2B | $992.0M | $1.4B |
| EBITDA | $2.0B | $1.9B | $1.8B | $1.5B | $2.1B |
| Pretax income | $1.0B | $891.0M | $634.0M | $563.0M | $1.2B |
| Income tax | $156.0M | $159.0M | $146.0M | $133.0M | $240.0M |
| Net income | $878.0M | $719.0M | $707.0M | $4.0B | $912.0M |
| EPS, diluted | $2.65 | $2.25 | $2.23 | $13.00 | $3.30 |
| Diluted shares | 331.6M | 320.0M | 317.0M | 308.2M | 276.0M |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $563.0M | $548.0M | $695.0M | $893.0M | $1.2B |
| Receivables | $2.6B | $2.6B | $2.1B | $2.2B | $2.6B |
| Inventory | $1.8B | $2.2B | $1.5B | $1.5B | $2.0B |
| Total current assets | $5.2B | $5.5B | $4.9B | $4.8B | $6.1B |
| PP&E, net | $6.9B | $7.5B | $7.1B | $6.5B | $6.7B |
| Goodwill & intangibles | $6.1B | $5.7B | $5.5B | $5.3B | $5.4B |
| Total assets | $19.7B | $19.9B | $19.3B | $17.6B | $19.5B |
| Accounts payable | $4.8B | $4.4B | $3.7B | $3.4B | $5.5B |
| Total current liabilities | $6.0B | $7.0B | $6.2B | $4.8B | $5.5B |
| Long-term debt | $7.7B | $7.5B | $7.5B | $5.3B | $7.0B |
| Total liabilities | $16.0B | $16.4B | $15.5B | $11.7B | $14.1B |
| Shareholders' equity | $3.7B | $3.5B | $3.8B | $5.9B | $5.4B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $878.0M | $732.0M | $711.0M | $4.0B | $915.0M |
| Depreciation & amortization | $700.0M | $672.0M | $686.0M | $620.0M | $622.0M |
| Stock-based compensation | $40.0M | $39.0M | $0 | $0 | $0 |
| Change in working capital | $120.0M | −$924.0M | $360.0M | −$551.0M | −$131.0M |
| Operating cash flow | $1.8B | $283.0M | $1.9B | $115.0M | $1.3B |
| Capital expenditure | −$1.7B | −$1.7B | −$1.0B | −$484.0M | −$474.0M |
| Free cash flow | $34.0M | −$1.4B | $818.0M | −$369.0M | $788.0M |
| Investing cash flow | −$1.6B | −$768.0M | −$1.1B | $5.0B | −$656.0M |
| Net debt issued / repaid | $98.0M | $1.4B | −$440.0M | −$2.9B | $1.2B |
| Buybacks | −$766.0M | −$618.0M | −$3.0M | −$1.7B | −$1.3B |
| Dividends paid | −$229.0M | −$254.0M | −$252.0M | −$244.0M | −$220.0M |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 14.2% | 11.1% | 14.3% | 15.6% | 14.8% |
| Operating margin | 8.5% | 6.6% | 9.8% | 8.6% | 9.6% |
| Net margin | 6.3% | 4.7% | 5.9% | 34.0% | 6.9% |
| FCF margin | 0.2% | -8.9% | 6.8% | -3.1% | 6.0% |
| ROE | 25.4% | 20.3% | 19.6% | 83.2% | 16.1% |
| ROIC | 9.0% | 6.8% | 7.8% | 7.1% | 8.9% |
| ROA | 4.6% | 3.6% | 3.6% | 21.7% | 4.9% |
| Debt / equity | 2.25 | 2.72 | 2.27 | 1.03 | 1.29 |
| Interest coverage | 4.7x | 3.9x | 2.3x | 2.9x | 4.6x |
| Current ratio | 0.88 | 0.78 | 0.79 | 1.00 | 1.11 |
| Revenue growth | +18.5% | +9.7% | −21.4% | −1.8% | +11.4% |
| EPS growth | +52.7% | −15.0% | −1.8% | +507.3% | −75.0% |
| P/E at year end | 34.1x | 21.5x | 25.0x | 4.0x | 15.6x |
| EV / EBITDA at year end | 19.0x | 12.9x | 14.9x | 14.5x | 9.6x |
| FCF yield at year end | 0.11% | -8.83% | 4.61% | -2.30% | 5.54% |
| Dividend payout | 26.1% | 35.3% | 35.5% | 6.1% | 24.1% |
Revenue by segment
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Metal Beverage Packaging Americas and Asia | $5.9B | $6.7B | $6.0B | $5.6B | $6.3B |
| Metal Beverage Packaging Europe | — | $3.9B | $3.4B | $3.5B | $4.0B |
| Metal Food and Household Products Packaging Americas | $2.0B | $2.1B | $2.0B | $2.0B | $2.2B |
Revenue by region · FY2025
UNITED STATES$6.2B · 47%
Other Geographic Group$5.5B · 42%
B [R]$1.5B · 11%
Street estimates by fiscal year
Next report 2026-11-03 · consensus EPS $1.07 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $15.0B | $14.7B – $15.6B | $4.02 | $3.96 – $4.07 | 9 | 15.7x |
| 2027 | $15.6B | $15.3B – $16.2B | $4.52 | $4.42 – $4.57 | 9 | 14.0x |
| 2028 | $16.0B | $15.5B – $16.6B | $5.03 | $4.81 – $5.18 | 3 | 12.6x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-08-04 | $0.99 | $1.03 | +4.1% | $3.7B | $4.0B | +8.3% |
| 2026-05-05 | $0.84 | $0.94 | +11.2% | $3.3B | $3.6B | +7.8% |
| 2026-02-03 | $0.90 | $0.91 | +1.1% | $3.1B | $3.3B | +7.5% |
| 2025-11-04 | $1.02 | $1.02 | 0.0% | $3.3B | $3.4B | +1.6% |
| 2025-08-05 | $0.87 | $0.90 | +3.4% | $3.2B | $3.3B | +4.1% |
| 2025-05-06 | $0.70 | $0.76 | +8.9% | $2.9B | $3.1B | +7.0% |
| 2025-02-04 | $0.81 | $0.84 | +3.7% | $3.0B | $2.9B | −3.0% |
| 2024-10-31 | $0.86 | $0.91 | +6.2% | $3.1B | $3.1B | −1.6% |
| 2024-08-01 | $0.70 | $0.74 | +6.0% | $3.1B | $3.0B | −3.9% |
| 2024-04-26 | $0.55 | $0.68 | +23.6% | $3.2B | $2.9B | −11.3% |
| 2024-02-01 | $0.77 | $0.78 | +1.3% | $3.6B | $3.4B | −4.8% |
| 2023-11-02 | $0.81 | $0.83 | +2.5% | $3.8B | $3.6B | −6.4% |
| 2023-08-03 | $0.62 | $0.61 | −1.6% | $3.8B | $3.6B | −6.9% |
| 2023-05-04 | $0.50 | $0.69 | +38.0% | $3.5B | $3.0B | −16.0% |
| 2023-02-02 | $0.54 | $0.44 | −18.5% | $3.7B | $3.5B | −3.4% |
| 2022-11-03 | $0.76 | $0.75 | −1.3% | $3.9B | $4.0B | +1.0% |
| 2022-08-04 | $0.90 | $0.82 | −8.9% | $3.8B | $4.1B | +7.6% |
| 2022-05-05 | $0.83 | $0.77 | −7.2% | $3.5B | $3.7B | +6.1% |
| 2022-01-27 | $0.90 | $0.97 | +7.8% | $3.5B | $3.7B | +4.1% |
| 2021-11-04 | $0.99 | $0.94 | −5.1% | — | $3.6B | — |
| 2021-08-05 | $0.83 | $0.86 | +3.6% | — | $3.5B | — |
| 2021-05-06 | $0.67 | $0.72 | +7.5% | — | $3.1B | — |
| 2021-02-04 | $0.79 | $0.81 | +2.5% | — | $3.1B | — |
| 2020-11-05 | $0.77 | $0.89 | +15.6% | — | $3.1B | — |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $153.8M | 2,439,751 | 55,855 |
| 2026-08-24 | $114.9M | 1,798,123 | 43,024 |
| 2026-08-17 | $105.6M | 1,694,689 | 49,268 |
| 2026-08-10 | $133.4M | 2,138,260 | 53,566 |
| 2026-08-03 | $220.6M | 3,462,749 | 72,778 |
| 2026-07-27 | $179.9M | 2,747,634 | 57,264 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 69.2% | 811,468 | 1,172,545 |
| 2026-10-14 | 67.8% | 483,521 | 713,473 |
| 2026-10-13 | 69.5% | 556,502 | 800,568 |
| 2026-10-12 | 64.3% | 382,199 | 593,952 |
| 2026-10-09 | 67.4% | 411,760 | 611,108 |
| 2026-10-08 | 65.5% | 707,630 | 1,080,089 |
| 2026-10-07 | 73.8% | 727,893 | 986,366 |
| 2026-10-06 | 64.0% | 350,391 | 547,358 |
| 2026-10-05 | 71.2% | 459,175 | 645,267 |
| 2026-10-02 | 61.5% | 336,583 | 547,121 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +1.9% | 55% | 20 |
| Feb | +1.5% | 40% | 20 |
| Mar | +0.9% | 52% | 21 |
| Apr | +0.4% | 55% | 20 |
| May | −0.1% | 55% | 20 |
| Jun | +0.6% | 45% | 20 |
| Jul | +1.4% | 55% | 20 |
| Aug | +0.8% | 50% | 20 |
| Sep | −2.2% | 55% | 20 |
| Oct | +0.6% | 65% | 20 |
| Nov | +3.2% | 75% | 20 |
| Dec | +1.1% | 65% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1471.1
MFI70.9
ADX24.7
Stochastic %K / %D93.9 / 92.8
Williams %R-12.7
CCI201
TSI / signal5.6 / -17.2
Chaikin money flow0.02
ATR$1.36
Bollinger width13.7%
Volume vs 20-day avg1.28x
SupertrendUp
Moving averages and bands
level (price vs level)SMA 20$58.43 (+8.2%)
SMA 50$60.62 (+4.3%)
SMA 200$60.10 (+5.2%)
EMA 21$59.53 (+6.2%)
EMA 50$60.04 (+5.3%)
EMA 200$59.04 (+7.0%)
Bollinger upper$62.43 (+1.2%)
Bollinger lower$54.44 (+16.1%)
Parabolic SAR$57.71 (+9.5%)
Open the live chart, 110+ indicatorsAbout Ball Corporation
Ball Corporation serves as a global provider of aluminum packaging solutions for a broad spectrum of industries, including beverages, personal care items, and household goods. Its extensive reach covers the United States, Brazil, and numerous international markets. The company's operations are strategically divided into four primary business segments: Beverage Packaging for North and Central America; Beverage Packaging for Europe, the Middle East, and Africa; Beverage Packaging for South America; and its dedicated Aerospace division. Within its packaging enterprise, Ball is a key manufacturer and supplier of aluminum beverage containers, catering to producers of carbonated soft drinks, beer, energy drinks, and other liquid products. Its product line also encompasses extruded aluminum aerosol containers, innovative reclosable aluminum bottles, aluminum cups, and aluminum slugs. Beyond packaging, Ball Corporation maintains a substantial presence in the aerospace sector. Here, it develops advanced spacecraft, intricate sensors and instruments, sophisticated radio frequency systems, and other cutting-edge technologies. These specialized offerings support civil, commercial, and national security aerospace initiatives. Its aerospace portfolio includes defense hardware, tactical antenna and video solutions, space hardware for both operational and civilian applications, and comprehensive systems engineering services. The company also undertakes the design, production, and rigorous testing of satellites, remote sensing devices, and associated ground control hardware and software, in addition to providing launch vehicle integration and satellite operational support. Furthermore, Ball supplies highly specialized components to government agencies and their prime contractors, such as target identification, warning, and attitude control systems; cryogenic systems with integrated sensor cooling devices; star trackers; and fast-steering mirrors. Established in 1880, Ball Corporation's corporate headquarters are located in Westminster, Colorado.
https://www.ball.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Ronald J. Lewis | Chief Executive Officer & Director | $2.5M | 1967 |
| Carey Causey | Senior Vice President & Chief Growth Officer | $1.5M | 1978 |
| Hannah S. Lim-Johnson | SVP, Chief Legal Officer & Corporate Secretary | $1.4M | 1973 |
| Daniel J. Rabbitt | Senior VP & CFO | $1.4M | 1969 |
| Jennifer Cmil | Senior Vice President & Chief Human Resources Officer | $1.2M | 1971 |
| Scott Vail | Senior Vice President and Chief Supply Chain & Operations Officer | $689,424 | 1978 |
| Edmund J. Doering | Senior VP & Chief Information Officer | — | — |
| Kathleen E. Pitre | Senior Vice President and President of North & Central America | — | 1977 |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| Daniel W. Fisher Former Chairman and Chief Executive Officer (through November 10, 2025) | 2025 | $1.3M | $5.8M | $3.7M | $13.5M |
| Ronald J. Lewis Chief Executive Officer | 2025 | $822,720 | $1.2M | $1.6M | $4.2M |
| Carey S. Causey Chief Growth Officer | 2025 | $612,965 | $918,908 | $863,136 | $2.8M |
| Howard H. Yu Former Chief Financial Officer | 2025 | $495,880 | $1.3M | $477,719 | $2.8M |
| Hannah S. Lim-Johnson Chief Legal Officer | 2025 | $591,481 | $680,439 | $663,062 | $2.4M |
| Scott A. Vail Chief Supply Chain & Operations Officer | 2025 | $329,456 | $1.2M | $0 | $2.0M |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2026-09-01 | $0.2 | 2026-09-15 |
| 2026-06-01 | $0.2 | 2026-06-15 |
| 2026-03-02 | $0.2 | 2026-03-16 |
| 2025-12-01 | $0.2 | 2025-12-15 |
| 2025-09-02 | $0.2 | 2025-09-16 |
| 2025-06-02 | $0.2 | 2025-06-16 |
| 2025-03-03 | $0.2 | 2025-03-17 |
| 2024-12-02 | $0.2 | 2024-12-16 |
Moat model
Weak · Efficient Scale · 2026-06-30Cost advantage57
Intangibles38
Switching costs23
Network effect35
Efficient scale80
Our component scores (0-100) and overall 43.9; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17