What is Ball Corporation's earnings per share (EPS)?

Ball Corporation (BALL) reported diluted earnings per share of $3.30 for fiscal year 2025. This represents a -74.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Ball Corporation (BALL) Financials

BALL

Trailing 12 months to June 30, 2026

Revenue $14.3B +15.6% YoY

Net Income $949.0M +68.6% YoY

EPS (Diluted) $3.52 +82.4% YoY

Free Cash Flow $827.0M +119.9% YoY

Market Cap $14.9B as of Oct 3, 2026

Price / Sales 1.0x on $14.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings 15.7x on $949.0M net income, trailing 12 months to June 30, 2026

Price / Book 2.6x on $5.7B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BALL SEC filings page.

Ball Corporation (BALL) reported $14.3B in revenue over the twelve months to Jun 30, 2026, up 15.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BALL FY2025 2026-10-03

Ball’s reported earnings are volatile, but 2025 shows the operating business converting profit into cash after heavy reinvestment.

The 2024 net-income spike to $4.0B was not reflected in operating cash flow of $115M. The following year’s FCF recovered to $788M, reinforcing that 2024’s earnings were a poor guide to recurring cash economics and likely included items or timing that did not repeat.

Revenue recovered to $13.2B while gross margin slipped from 20.7% to 19.6%, indicating the rebound did not improve unit economics.

Capex fell to $474M from roughly $1.0B, allowing more operating cash to remain after reinvestment. Still, debt-to-equity rose from 0.9x to 1.3x, so the cash recovery coincided with renewed leverage.

Financial Health Signals

Financial Health Score 51/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Ball Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Ball Corporation's revenue grew 11.6% year-over-year to $13.2B, a solid pace of expansion. This earns a growth score of 47/100.

Leverage

Ball Corporation has a moderate D/E ratio of 1.29. This balance of debt and equity financing earns a leverage score of 42/100.

Liquidity

Ball Corporation's current ratio of 1.11 is below the typical benchmark, resulting in a score of 25/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Ball Corporation has a free cash flow margin of 6.0%, earning a moderate score of 38/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Ball Corporation earns a strong 16.9% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 76/100. This is down from 68.5% the prior year.

Piotroski F-Score Neutral

6/9

Ball Corporation passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.38x

For every $1 of reported earnings, Ball Corporation generates $1.38 in operating cash flow ($1.3B OCF vs $915.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.0B

YoY+19.7%

QoQ+10.9%

5Y CAGR+2.9%

10Y CAGR+7.0%

Ball Corporation generated $4.0B in revenue in Q2 2026. This represents an increase of 19.7% from the same quarter a year earlier. Against the prior quarter it is up 10.9%.

Net Income

$223.0M

YoY+3.7%

QoQ+8.8%

5Y CAGR+2.0%

10Y CAGR-3.1%

Ball Corporation reported $223.0M in net income in Q2 2026. This represents an increase of 3.7% from the same quarter a year earlier. Against the prior quarter it is up 8.8%.

EPS (Diluted)

$0.83

YoY+9.2%

QoQ+7.8%

5Y CAGR+6.4%

10Y CAGR-2.4%

Ball Corporation earned $0.83 per diluted share (EPS) in Q2 2026. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 7.8%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$467.0M

YoY+97.9%

QoQ+149.8%

5Y CAGR+13.2%

10Y CAGR+5.0%

Ball Corporation generated $467.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 97.9% from the same quarter a year earlier. Against the prior quarter it is up 149.8%.

Cash & Debt

$491.0M

YoY+65.9%

QoQ-32.7%

5Y CAGR-3.0%

10Y CAGR-22.6%

Ball Corporation held $491.0M in cash against $6.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.20

YoY0.0%

QoQ0.0%

5Y CAGR+5.9%

Ball Corporation paid $0.20 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

265M

YoY-2.7%

QoQ-0.6%

5Y CAGR-4.1%

10Y CAGR+4.3%

Ball Corporation had 265M shares outstanding in Q2 2026. This represents a decrease of 2.7% from the same quarter a year earlier. Against the prior quarter it is down 0.6%.

Margins & Returns

Gross Margin

17.4%

YoY-2.0pp

QoQ-0.5pp

5Y change-2.8pp

10Y change-0.6pp

Ball Corporation's gross margin was 17.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Net Margin

5.6%

YoY-0.9pp

QoQ-0.1pp

5Y change-0.3pp

10Y change-9.5pp

Ball Corporation's net profit margin was 5.6% in Q2 2026, showing the share of revenue converted to profit. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Return on Equity

3.9%

YoY-0.3pp

QoQ+0.2pp

5Y change-1.7pp

10Y change-4.3pp

Ball Corporation's ROE was 3.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$114.0M

YoY-75.6%

QoQ+11300.0%

5Y CAGR-3.5%

Ball Corporation spent $114.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 75.6% from the same quarter a year earlier. Against the prior quarter it is up 11300.0%.

Capital Expenditures

$141.0M

YoY+46.9%

QoQ-12.4%

5Y CAGR-18.6%

10Y CAGR+0.4%

Ball Corporation invested $141.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 46.9% from the same quarter a year earlier. Against the prior quarter it is down 12.4%.

R&D Spending

Not reported for Q2 2026.

BALL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BALL quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$14.3B	$13.2B+11.6%	$11.8B-2.2%	$12.1B-9.8%	$13.4B-3.2%	$13.8B+17.2%	$11.8B+2.7%	$11.5B-1.4%	$11.6B+5.9%	$11.0B+21.2%	$9.1B+13.3%	$8.0B-6.7%	$8.6B+1.2%	$8.5B-3.1%	$8.7B+1.2%	$8.6B
Cost of Revenue	$11.7B	$10.6B+13.1%	$9.4B-4.1%	$9.8B-12.3%	$11.1B+0.3%	$11.1B+18.9%	$9.3B+1.3%	$9.2B-1.4%	$9.3B+7.0%	$8.7B	N/A	N/A	N/A	N/A	N/A	$7.1B
Gross Profit	$2.7B	$2.6B+5.6%	$2.4B+5.8%	$2.3B+2.6%	$2.3B-17.5%	$2.7B+10.9%	$2.5B+38.5%	$1.8B-1.3%	$1.8B+2.3%	$1.8B+23.7%	$1.4B+9.7%	$1.3B-9.7%	$1.4B+7.1%	$1.3B+1.5%	$1.3B+2.9%	$1.3B
R&D Expenses	N/A	N/A	N/A	$55.0M0.0%	$55.0M-1.8%	$56.0M+19.1%	$47.0M+6.8%	$44.0M+37.5%	$32.0M+18.5%	$27.0M-3.6%	$28.0M+7.7%	$26.0M-3.7%	$27.0M-13.5%	$31.2M+16.4%	$26.8M+20.2%	$22.3M
SG&A Expenses	$593.0M	$566.0M-12.5%	$647.0M+21.6%	$532.0M-4.1%	$555.0M-6.4%	$593.0M+13.0%	$525.0M+25.9%	$417.0M-12.8%	$478.0M-7.0%	$514.0M+0.4%	$512.0M+13.8%	$450.0M-3.4%	$466.0M+11.3%	$418.6M+8.6%	$385.5M+1.1%	$381.4M
Operating Income	N/A	N/A	N/A	$1.3B+4.9%	$1.2B-6.0%	$1.3B+28.7%	$1.0B+7.6%	$932.0M-0.3%	$935.0M+16.6%	$802.0M+73.2%	$463.0M-23.6%	$606.0M-27.8%	$839.0M+5.5%	$795.4M+0.6%	$790.5M-5.5%	$836.9M
EBITDA	N/A	N/A	N/A	$1.9B+3.9%	$1.8B-9.2%	$2.0B+19.2%	$1.7B+3.8%	$1.6B-1.6%	$1.6B+6.9%	$1.5B+67.1%	$916.0M+2.7%	$892.0M-20.4%	$1.1B+2.3%	$1.1B+2.0%	$1.1B-5.7%	$1.1B
Interest Expense	$320.0M	$314.0M+7.2%	$293.0M-36.3%	$460.0M+47.0%	$313.0M+15.9%	$270.0M-1.8%	$275.0M-13.2%	$317.0M+5.3%	$301.0M+5.6%	$285.0M+24.5%	$229.0M-11.8%	$259.7M+34.6%	$193.0M-8.9%	$211.8M+8.7%	$194.9M+10.1%	$177.1M
Income Tax	$253.0M	$240.0M+80.5%	$133.0M-8.9%	$146.0M+5.8%	$138.0M-11.5%	$156.0M+57.6%	$99.0M+39.4%	$71.0M-61.6%	$185.0M+12.1%	$165.0M+231.0%	-$126.0M-368.1%	$47.0M-68.7%	$150.0M+0.3%	$149.6M-13.1%	$172.2M-14.5%	$201.3M
Net Income	$949.0M	$915.0M-77.2%	$4.0B+464.6%	$711.0M-2.9%	$732.0M-16.6%	$878.0M+50.9%	$582.0M+8.6%	$536.0M+18.3%	$453.0M+19.2%	$380.0M+42.9%	$266.0M-12.2%	$303.0M-39.2%	$498.0M+14.5%	$435.0M+3.7%	$419.3M-5.6%	$444.0M
EPS (Basic)	N/A	$3.33-74.6%	$13.12+483.1%	$2.25-0.9%	$2.27-15.6%	$2.69+50.3%	$1.79+4.7%	$1.71+29.5%	$1.32+23.4%	$1.07+28.9%	$0.83-18.6%	$1.02-69.9%	$3.39+21.5%	$2.79+9.0%	$2.56-4.8%	$2.69
EPS (Diluted)	$3.52	$3.30-74.6%	$13.00+483.0%	$2.23-0.9%	$2.25-15.1%	$2.65+50.6%	$1.76+6.0%	$1.66+28.7%	$1.29+22.9%	$1.05	$0.81-19.0%	$1.00	$3.30+20.9%	$2.73+9.2%	$2.50-4.9%	$2.63
Diluted Shares (Avg)	N/A	276M-10.5%	308M-2.8%	317M-0.9%	320M-3.5%	332M-0.4%	333M-2.1%	340M-3.5%	352M-1.3%	357M	323M+14.5%	282M	142M-4.6%	149M-5.6%	158M-6.2%	169M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$4.0B+19.7%	$3.6B+16.3%	$3.3B+16.2%	$3.4B+9.6%	$3.3B+12.8%	$3.1B+7.8%	$2.9B-0.8%	$3.1B-0.9%
Cost of Revenue	$3.3B+22.7%	$3.0B+18.6%	$2.7B	$2.7B+11.4%	$2.7B+14.1%	$2.5B+9.2%	N/A	$2.4B-3.5%
Gross Profit	$697.0M+7.6%	$646.0M+7.0%	$648.0M+35.0%	$678.0M+24.4%	$648.0M+32.5%	$604.0M+26.6%	$480.0M-0.6%	$545.0M+11.9%
SG&A Expenses	$163.0M+19.0%	$150.0M+0.7%	$150.0M	$130.0M-8.5%	$137.0M-1.4%	$149.0M-37.1%	N/A	$142.0M+6.8%
Interest Expense	$79.0M-2.5%	$78.0M+11.4%	$78.0M	$85.0M+26.9%	$81.0M+19.1%	$70.0M-24.7%	N/A	$67.0M-45.1%
Income Tax	$65.0M+6.6%	$62.0M+17.0%	$50.0M	$76.0M+81.0%	$61.0M+24.5%	$53.0M+96.3%	N/A	$42.0M-6.7%
Net Income	$223.0M+3.7%	$205.0M+14.5%	$200.0M+766.7%	$321.0M+61.3%	$215.0M+35.2%	$179.0M-95.1%	-$30.0M-119.5%	$199.0M-2.5%
EPS (Basic)	$0.83+7.8%	$0.77+22.2%	$0.76+790.9%	$1.18+81.5%	$0.77+51.0%	$0.63-94.6%	-$0.11-122.4%	$0.65+1.6%
EPS (Diluted)	$0.83+9.2%	$0.77+22.2%	$0.74+772.7%	$1.18+81.5%	$0.76+49.0%	$0.63-94.6%	-$0.11-122.4%	$0.65+1.6%
Diluted Shares (Avg)	267M-3.8%	267M-6.2%	N/A	273M-10.6%	278M-11.0%	285M-10.2%	N/A	305M-3.8%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

BALL Balance Sheet

BALL quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$19.5B+10.8%	$17.6B-8.7%	$19.3B-3.0%	$19.9B+1.0%	$19.7B+8.0%	$18.3B+5.1%	$17.4B+4.9%	$16.6B-3.6%	$17.2B+6.2%	$16.2B+66.8%	$9.7B+28.1%	$7.6B-3.2%	$7.8B+4.0%	$7.5B+3.2%	$7.3B
Current Assets	$6.1B+26.3%	$4.8B-0.9%	$4.9B-11.0%	$5.5B+5.1%	$5.2B+11.7%	$4.7B-4.3%	$4.9B+24.0%	$3.9B+4.8%	$3.8B+2.9%	$3.7B+67.3%	$2.2B-5.6%	$2.3B-6.4%	$2.5B+5.6%	$2.3B+0.8%	$2.3B
Cash & Equivalents	$1.2B+36.9%	$885.0M+27.3%	$695.0M+26.8%	$548.0M-2.7%	$563.0M-58.8%	$1.4B-24.0%	$1.8B+149.4%	$721.0M+60.9%	$448.0M-25.0%	$597.0M+166.5%	$224.0M+17.3%	$191.0M-54.1%	$416.0M+138.9%	$174.1M+5.0%	$165.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.0B+36.3%	$1.5B-3.5%	$1.5B-29.7%	$2.2B+21.4%	$1.8B+32.7%	$1.4B+6.2%	$1.3B+0.2%	$1.3B-16.7%	$1.5B+8.0%	$1.4B+57.3%	$898.0M-11.7%	$1.0B-1.1%	$1.0B-1.5%	$1.0B-2.6%	$1.1B
Accounts Receivable	$2.1B+18.5%	$1.7B+4.0%	$1.7B-20.7%	$2.1B+4.2%	$2.0B+50.4%	$1.3B+13.3%	$1.2B-7.3%	$1.3B-4.7%	$1.3B+16.0%	$1.2B+53.6%	$754.0M-4.9%	$793.0M-0.7%	$798.9M-7.6%	$864.6M+2.9%	$840.6M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.4B+5.0%	$4.2B-1.8%	$4.3B+1.3%	$4.2B-4.2%	$4.4B-2.4%	$4.5B+1.5%	$4.4B-1.3%	$4.5B-9.3%	$4.9B-3.2%	$5.1B+134.0%	$2.2B-3.5%	$2.3B-6.0%	$2.4B+1.9%	$2.4B+4.8%	$2.2B
Total Liabilities	$14.1B+20.6%	$11.7B-24.4%	$15.5B-5.6%	$16.4B+2.2%	$16.0B+7.5%	$14.9B+4.0%	$14.3B+10.4%	$13.0B-1.0%	$13.1B+3.9%	$12.6B+49.7%	$8.4B+33.2%	$6.3B-1.1%	$6.4B+3.2%	$6.2B+5.1%	$5.9B
Current Liabilities	$5.5B+13.2%	$4.8B-21.6%	$6.2B-11.7%	$7.0B+17.7%	$6.0B+34.0%	$4.4B-20.3%	$5.6B+36.2%	$4.1B-0.3%	$4.1B+38.3%	$3.0B+38.6%	$2.1B+6.7%	$2.0B+4.1%	$1.9B+14.3%	$1.7B-9.2%	$1.9B
Non-Current Liabilities	$8.6B+25.8%	$6.9B-26.2%	$9.3B-1.0%	$9.4B-7.0%	$10.1B-3.8%	$10.5B+19.5%	$8.8B-1.5%	$8.9B-1.3%	$9.0B-6.7%	$9.7B+53.5%	$6.3B+45.5%	$4.3B-3.4%	$4.5B-1.0%	$4.5B+11.6%	$4.1B
Long-Term Debt	$7.0B+31.6%	$5.3B-29.2%	$7.5B-0.5%	$7.5B-2.4%	$7.7B-0.8%	$7.8B+22.8%	$6.3B-2.7%	$6.5B-0.1%	$6.5B-10.8%	$7.3B+47.0%	$5.0B+66.1%	$3.0B-5.9%	$3.2B+3.2%	$3.1B+14.4%	$2.7B
Total Equity	$5.4B-7.5%	$5.9B+55.5%	$3.8B+8.9%	$3.5B-4.6%	$3.6B+10.7%	$3.3B+11.1%	$2.9B-14.7%	$3.5B-12.3%	$3.9B+14.7%	$3.4B+174.6%	$1.3B+21.1%	$1.0B-15.6%	$1.2B+9.9%	$1.1B-8.6%	$1.2B
Retained Earnings	$12.2B+6.0%	$11.5B+48.5%	$7.8B+6.2%	$7.3B+6.8%	$6.8B+10.5%	$6.2B+6.7%	$5.8B+8.7%	$5.3B+7.1%	$5.0B+5.2%	$4.7B+4.0%	$4.6B+4.8%	$4.3B+10.1%	$3.9B+9.2%	$3.6B+12.0%	$3.2B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$20.1B+8.1%	$19.8B+9.6%	$19.5B+10.8%	$18.7B-0.5%	$18.6B-1.9%	$18.0B-9.3%	$17.6B-8.7%	$18.8B-5.6%
Current Assets	$6.7B+26.6%	$6.2B+23.4%	$6.1B+26.3%	$5.3B-4.6%	$5.3B-8.7%	$5.0B-22.7%	$4.8B-0.9%	$5.6B+3.7%
Cash & Equivalents	$491.0M+65.9%	$730.0M+62.6%	$1.2B+36.9%	$568.0M-60.6%	$296.0M-78.0%	$449.0M-73.9%	$885.0M+27.3%	$1.4B+7.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.5B+45.3%	$2.2B+35.4%	$2.0B+36.3%	$1.9B+34.0%	$1.7B+21.5%	$1.6B+9.6%	$1.5B-3.5%	$1.4B-18.0%
Accounts Receivable	$2.8B+17.4%	$2.4B+13.9%	$2.1B+18.5%	$2.2B+0.3%	$2.4B+7.2%	$2.1B-17.6%	$1.7B+4.0%	$2.2B+32.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.4B+0.4%	$4.4B+4.0%	$4.4B+5.0%	$4.4B+3.1%	$4.4B+4.6%	$4.2B+0.7%	$4.2B-1.8%	$4.2B+0.5%
Total Liabilities	$14.3B+7.6%	$14.2B+13.5%	$14.1B+20.6%	$13.3B+9.9%	$13.3B+11.3%	$12.5B-0.4%	$11.7B-24.4%	$12.1B-24.2%
Current Liabilities	$6.2B+18.3%	$5.6B+14.7%	$5.5B+13.2%	$4.8B-5.6%	$5.3B+7.6%	$4.8B-10.0%	$4.8B-21.6%	$5.1B-23.7%
Non-Current Liabilities	$8.1B+0.6%	$8.6B+12.7%	$8.6B+25.8%	$8.4B+21.4%	$8.1B+13.9%	$7.6B+6.8%	$6.9B-26.2%	$6.9B-24.6%
Long-Term Debt	$6.5B+0.8%	$7.0B+14.5%	$7.0B+31.6%	$6.9B+28.2%	$6.5B+17.4%	$6.1B+11.1%	$5.3B-29.2%	$5.4B-28.5%
Total Equity	$5.7B+10.4%	$5.6B+1.8%	$5.4B-7.5%	$5.4B-18.5%	$5.2B-24.7%	$5.5B-24.7%	$5.9B+55.5%	$6.7B+69.7%
Retained Earnings	$12.5B+6.2%	$12.4B+6.2%	$12.2B+6.0%	$12.1B+3.9%	$11.8B+2.8%	$11.6B+2.3%	$11.5B+48.5%	$11.6B+51.4%

BALL Cash Flow Statement

BALL quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.4B	$1.3B+997.4%	$115.0M-93.8%	$1.9B+518.9%	$301.0M-82.9%	$1.8B+22.9%	$1.4B-7.5%	$1.5B-1.1%	$1.6B+6.0%	$1.5B+665.8%	$193.0M-80.8%	$1.0B-0.5%	$1.0B+20.6%	$839.0M-1.7%	$853.2M-10.0%	$948.4M
Depreciation & Amortization	N/A	$622.0M+1.8%	$611.0M+1.0%	$605.0M+1.9%	$594.0M-15.1%	$700.0M+4.8%	$668.0M-1.5%	$678.0M-3.4%	$702.0M-3.7%	$729.0M+60.9%	$453.0M+58.4%	$286.0M+1.8%	$281.0M-6.3%	$299.9M+6.0%	$282.9M-6.0%	$301.1M
Stock-Based Compensation	N/A	$28.0M-55.6%	$63.0M+90.9%	$33.0M-15.4%	$39.0M-2.5%	$40.0M-7.0%	$43.0M+16.2%	$37.0M-50.7%	$75.0M+63.0%	$46.0M+31.4%	$35.0M+40.0%	$25.0M-0.4%	$25.1M+2.4%	$24.5M-8.2%	$26.7M+8.1%	$24.7M
Capital Expenditures	$599.0M	$474.0M-2.1%	$484.0M-53.7%	$1.0B-36.7%	$1.7B-4.3%	$1.7B+55.1%	$1.1B+86.1%	$598.0M-26.7%	$816.0M+46.8%	$556.0M-8.3%	$606.0M+14.8%	$528.0M+35.0%	$391.0M+3.4%	$378.3M+24.0%	$305.0M-31.3%	$443.8M
Free Cash Flow	$827.0M	$788.0M+313.6%	-$369.0M-145.1%	$818.0M+160.6%	-$1.4B-4070.6%	$34.0M-89.3%	$319.0M-66.4%	$950.0M+26.7%	$750.0M-18.7%	$922.0M+323.2%	-$413.0M-186.2%	$479.0M-22.9%	$621.0M+34.8%	$460.7M-16.0%	$548.2M+8.6%	$504.6M
Investing Cash Flow	-$702.0M	-$656.0M-113.1%	$5.0B+575.1%	-$1.1B-34.0%	-$786.0M+52.0%	-$1.6B-38.8%	-$1.2B-179.9%	-$422.0M-104.9%	-$206.0M+62.2%	-$545.0M+57.5%	-$1.3B+52.8%	-$2.7B-595.9%	-$391.0M-3.1%	-$379.1M-6.5%	-$356.0M+51.8%	-$738.0M
Financing Cash Flow	-$558.0M	-$344.0M+92.8%	-$4.8B-623.6%	-$662.0M-236.5%	$485.0M+154.3%	-$894.0M-48.5%	-$602.0M-1208.7%	-$46.0M+95.6%	-$1.0B+3.1%	-$1.1B-177.3%	-$387.0M-122.3%	$1.7B+305.3%	-$846.0M-314.7%	-$204.0M+58.1%	-$486.9M-124.6%	-$216.8M
Dividends Paid	$215.0M	$220.0M-9.8%	$244.0M-3.2%	$252.0M-0.8%	$254.0M+10.9%	$229.0M+15.7%	$198.0M+8.8%	$182.0M+32.8%	$137.0M+6.2%	$129.0M+55.4%	$83.0M+15.3%	$72.0M-1.4%	$73.0M-2.9%	$75.2M+21.7%	$61.8M+35.2%	$45.7M
Share Buybacks	$414.0M	$1.3B-22.8%	$1.7B+56966.7%	$3.0M-99.5%	$618.0M-19.3%	$766.0M+1243.9%	$57.0M-94.1%	$964.0M+30.4%	$739.0M+617.5%	$103.0M-3.7%	$107.0M-21.3%	$136.0M-65.7%	$397.0M-8.0%	$431.7M-21.1%	$547.2M+6.6%	$513.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$608.0M+83.1%	-$777.0M-16.8%	$1.2B+142.2%	$384.0M-37.0%	$332.0M+31.7%	-$665.0M+46.7%	$500.0M-32.1%	$610.0M-20.4%
Depreciation & Amortization	$165.0M+6.5%	$159.0M+6.0%	$159.0M+5.3%	$158.0M+5.3%	$155.0M+2.0%	$150.0M-5.1%	$151.0M-3.2%	$150.0M-1.3%
Capital Expenditures	$141.0M+46.9%	$161.0M+98.8%	$170.0M+58.9%	$127.0M+8.5%	$96.0M-9.4%	$81.0M-47.4%	$107.0M-50.2%	$117.0M-47.3%
Free Cash Flow	$467.0M+97.9%	-$938.0M-25.7%	$1.0B+164.9%	$257.0M-47.9%	$236.0M+61.6%	-$746.0M+46.8%	$393.0M-24.6%	$493.0M-9.4%
Investing Cash Flow	-$131.0M+28.8%	-$306.0M-47.8%	-$82.0M+53.9%	-$183.0M-695.7%	-$184.0M-109.1%	-$207.0M-103.9%	-$178.0M+21.6%	-$23.0M+89.6%
Financing Cash Flow	-$731.0M-137.3%	$605.0M+52.8%	-$484.0M+38.9%	$52.0M+110.4%	-$308.0M+40.5%	$396.0M+113.3%	-$792.0M+31.3%	-$502.0M-226.0%
Dividends Paid	$53.0M-3.6%	$54.0M-5.3%	$54.0M-8.5%	$54.0M-10.0%	$55.0M-11.3%	$57.0M-9.5%	$59.0M-6.3%	$60.0M-4.8%
Share Buybacks	$114.0M-75.6%	$1.0M-99.8%	$215.0M-67.0%	$84.0M-78.8%	$467.0M-3.3%	$555.0M+204.9%	$651.0M	$396.0M

Not reported in any period shown, so not listed: Stock-Based Compensation.

BALL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BALL quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	19.6%-1.1pp	20.7%+1.6pp	19.1%+2.3pp	16.8%-2.9pp	19.7%-1.1pp	20.9%+5.4pp	15.5%0.0pp	15.4%-0.6pp	16.0%+0.3pp	15.7%-0.5pp	16.2%-0.5pp	16.7%+0.9pp	15.8%+0.7pp	15.1%+0.3pp	14.8%
Operating Margin	N/A	N/A	10.5%+1.5pp	9.1%-0.3pp	9.3%+0.8pp	8.5%+0.4pp	8.1%+0.1pp	8.0%+0.7pp	7.3%+2.2pp	5.1%-2.5pp	7.6%-2.2pp	9.8%+0.4pp	9.4%+0.3pp	9.0%-0.7pp	9.7%
Net Margin	7.0%-27.1pp	34.0%+28.1pp	5.9%+0.4pp	5.5%-0.9pp	6.4%+1.4pp	4.9%+0.3pp	4.7%+0.8pp	3.9%+0.4pp	3.5%+0.5pp	2.9%-0.9pp	3.8%-2.0pp	5.8%+0.7pp	5.1%+0.3pp	4.8%-0.3pp	5.1%
Return on Equity	16.9%-51.6pp	68.5%+49.6pp	18.9%-2.3pp	21.1%-3.1pp	24.2%+6.4pp	17.8%-0.4pp	18.2%+5.1pp	13.1%+3.5pp	9.6%+1.9pp	7.7%-16.5pp	24.2%-24.0pp	48.2%+12.7pp	35.5%-2.1pp	37.6%+1.2pp	36.4%
Return on Assets	4.7%-18.1pp	22.8%+19.1pp	3.7%0.0pp	3.7%-0.8pp	4.5%+1.3pp	3.2%+0.1pp	3.1%+0.3pp	2.7%+0.5pp	2.2%+0.6pp	1.6%-1.5pp	3.1%-3.5pp	6.6%+1.0pp	5.6%0.0pp	5.6%-0.5pp	6.1%
Current Ratio	1.11+0.1x	1.00+0.2x	0.790.0x	0.78-0.1x	0.88-0.2x	1.05+0.2x	0.88-0.1x	0.960.0x	0.92-0.3x	1.23+0.2x	1.02-0.1x	1.15-0.1x	1.28-0.1x	1.39+0.1x	1.25
Debt-to-Equity	1.29+0.4x	0.91-1.1x	1.99-0.2x	2.180.0x	2.13-0.2x	2.38+0.2x	2.15+0.3x	1.88+0.2x	1.65-0.5x	2.13-1.8x	3.98+1.1x	2.90+0.3x	2.60-0.2x	2.77+0.6x	2.21
Asset Turnover	0.670.0x	0.670.0x	0.620.0x	0.670.0x	0.70+0.1x	0.650.0x	0.660.0x	0.70+0.1x	0.64+0.1x	0.56-0.3x	0.82-0.3x	1.130.0x	1.08-0.1x	1.160.0x	1.18
FCF Margin	6.0%+9.1pp	-3.1%-9.9pp	6.8%+16.9pp	-10.1%-10.4pp	0.3%-2.5pp	2.7%-5.6pp	8.3%+1.8pp	6.5%-1.9pp	8.4%+13.0pp	-4.6%-10.6pp	6.0%-1.3pp	7.2%+1.8pp	5.4%-0.8pp	6.3%+0.4pp	5.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	17.4%-2.0pp	17.9%-1.6pp	19.4%+2.7pp	20.1%+2.4pp	19.4%+2.9pp	19.5%+2.9pp	16.7%0.0pp	17.7%+2.0pp
Net Margin	5.6%-0.9pp	5.7%-0.1pp	6.0%+7.0pp	9.5%+3.0pp	6.4%+1.1pp	5.8%	-1.0%-6.3pp	6.5%-0.1pp
Return on Equity	3.9%-0.3pp	3.7%+0.4pp	3.7%+4.2pp	5.9%+2.9pp	4.1%+1.8pp	3.3%-47.2pp	-0.5%-4.6pp	3.0%-2.2pp
Return on Assets	1.1%0.0pp	1.0%0.0pp	1.0%+1.2pp	1.7%+0.7pp	1.2%+0.3pp	1.0%-17.5pp	-0.2%-1.0pp	1.1%0.0pp
Current Ratio	1.07+0.1x	1.12+0.1x	1.11+0.1x	1.100.0x	1.00-0.2x	1.04-0.2x	1.00+0.2x	1.09+0.3x
Debt-to-Equity	1.14-0.1x	1.25+0.1x	1.29+0.4x	1.26+0.5x	1.24+0.4x	1.12+0.4x	0.91-1.1x	0.80-1.1x
Asset Turnover	0.200.0x	0.180.0x	0.170.0x	0.180.0x	0.180.0x	0.170.0x	0.160.0x	0.160.0x
FCF Margin	11.7%+4.6pp	-26.0%-1.9pp	31.1%+17.4pp	7.6%-8.4pp	7.1%+2.1pp	-24.1%+24.7pp	13.7%-4.3pp	16.0%-1.5pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Ball Corporation BALL	FY2025	$13.2B	$915.0M	7.0%	$14.9B	51/100
Crown Holdings Inc. CCK	FY2025	$12.4B	$738.0M	6.0%	$11.5B	51/100
Avery Dennison Corp. AVY	FY2025	$8.9B	$688.0M	7.8%	$12.9B	27/100
Amcor plc AMCR	FY2026	$23.5B	$1.1B	4.7%	$19.3B	52/100
International Paper Co. IP	FY2025	$23.6B	-$3.5B	-14.9%	$16.9B	34/100
Smurfit Westrock plc SW	FY2025	$31.2B	$699.0M	2.2%	$22.3B	50/100

Where Ball Corporation Ranks

Frequently Asked Questions

What is Ball Corporation's annual revenue?

Ball Corporation (BALL) reported $13.2B in total revenue for fiscal year 2025. This represents a 11.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Ball Corporation's revenue growing?

Ball Corporation (BALL) revenue grew by 11.6% year-over-year, from $11.8B to $13.2B in fiscal year 2025.

Is Ball Corporation profitable?

Yes, Ball Corporation (BALL) reported a net income of $915.0M in fiscal year 2025, with a net profit margin of 7.0%.

How much debt does Ball Corporation have?

As of fiscal year 2025, Ball Corporation (BALL) had $1.2B in cash and equivalents against $7.0B in long-term debt.

What is Ball Corporation's gross margin?

Ball Corporation (BALL) had a gross margin of 19.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ball Corporation's net profit margin?

Ball Corporation (BALL) had a net profit margin of 7.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Ball Corporation pay dividends?

Yes, Ball Corporation (BALL) paid $0.80 per share in dividends during fiscal year 2025.

What is Ball Corporation's return on equity (ROE)?

Ball Corporation (BALL) has a return on equity of 16.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Ball Corporation's free cash flow?

Ball Corporation (BALL) generated $788.0M in free cash flow during fiscal year 2025. This represents a 313.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Ball Corporation's operating cash flow?

Ball Corporation (BALL) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Ball Corporation's total assets?

Ball Corporation (BALL) had $19.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Ball Corporation's capital expenditures?

Ball Corporation (BALL) invested $474.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Ball Corporation buy back shares?

Yes, Ball Corporation (BALL) spent $1.3B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Ball Corporation have outstanding?

Ball Corporation (BALL) had 266M shares outstanding as of fiscal year 2025.

What is Ball Corporation's current ratio?

Ball Corporation (BALL) had a current ratio of 1.11 as of fiscal year 2025, which is considered adequate.

What is Ball Corporation's debt-to-equity ratio?

Ball Corporation (BALL) had a debt-to-equity ratio of 1.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ball Corporation's return on assets (ROA)?

Ball Corporation (BALL) had a return on assets of 4.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Ball Corporation's P/E ratio?

Ball Corporation (BALL) trades at 15.7x earnings, its market capitalization divided by net income of $949.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $14.9B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Ball Corporation's price-to-sales ratio?

Ball Corporation (BALL) trades at 1.0x sales, its market capitalization divided by revenue of $14.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $14.9B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Ball Corporation's Piotroski F-Score?

Ball Corporation (BALL) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Ball Corporation's earnings high quality?

Ball Corporation (BALL) has an earnings quality ratio of 1.38x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Ball Corporation?

Ball Corporation (BALL) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.