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Ball 10-Q Filings

BALL NYSE

Every 10-Q that Ball (BALL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow BALL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BALL filings page.

Rhea-AI Summary

Ball Corporation generated strong top-line growth in Q2 2026, with net sales of $3,997M versus $3,338M a year earlier, driven mainly by higher aluminum pricing and improved mix ($542M) and modest volume growth. Net earnings attributable to Ball were $221M (diluted EPS $0.83) compared with $212M (EPS $0.76), keeping net margin at 6%. For the first half, net sales reached $7,600M and net earnings $426M (EPS $1.59) versus $6,435M and $391M (EPS $1.39) in 2025.

Cost of sales rose to 83% of sales in Q2, reflecting higher raw material costs, while SG&A increased partly due to $27M losses on ORG equity-linked notes. Comparable segment operating earnings improved to $451M from $414M, with stronger results in EMEA and South America and stable North and Central America. Operating cash flow for the first half was -$169M, constrained by a $1,012M working capital build; cash and restricted cash fell to $501M at June 30, 2026, against total debt of $7,177M, though $1.71B remained available under long-term revolving credit facilities.

Strategically, Ball closed the $95M acquisition of Benepack’s European beverage can business (80% stake), adding two plants and contributing Q2 sales of $49M and operating earnings of $8M to the EMEA segment. The company continues significant share repurchases under a $4.0B authorization through 2027. Management highlights exposure to rising aluminum prices, geopolitical conflicts and ongoing legal and environmental contingencies. A planned U.K. pension plan buy-out expected in the third quarter of 2026 is anticipated to trigger a noncash settlement charge, as accumulated other comprehensive income currently includes $454M of unrecognized pension losses that would be recognized upon settlement.

Rhea-AI Summary

Ball Corporation reported higher results for the quarter ended March 31, 2026. Net sales rose to $3,603 million from $3,097 million, driven mainly by higher aluminum prices, improved mix, modest volume growth and favorable currency. Net earnings attributable to Ball increased to $205 million from $179 million, with diluted earnings per share up to $0.77 from $0.63.

All three beverage packaging segments grew sales; comparable operating earnings improved in North and Central America and EMEA and were flat in South America. Ball acquired an 80% stake in Benepack’s European beverage can business for $94 million cash, adding two plants and contributing $27 million of sales and $2 million of net earnings in the quarter. Balance sheet leverage increased, with total assets of $19,770 million, total debt of about $7.7 billion and cash and cash equivalents of $730 million. Operating cash flow was negative, largely due to a sizeable working capital outflow.

Rhea-AI Summary

Ball Corporation reported stronger results for the quarter ended September 30, 2025. Net sales reached $3,379 million versus $3,082 million a year ago, and earnings before taxes were $391 million compared to $227 million. Net earnings attributable to Ball were $321 million, with diluted EPS from continuing operations of $1.18 versus $0.63. Segment performance improved across North & Central America, EMEA and South America, and a gain of $86 million from the Saudi Arabia business sale supported results.

Year to date, sales were $9,814 million versus $8,915 million, and operating cash flow totaled $51 million. Cash was $568 million and long‑term debt rose to $6,864 million, reflecting new issuances: $750 million of 5.50% senior notes due 2033 and €850 million of 4.25% notes due 2032, alongside repayments and a call notice for notes due 2026 and 2028. The company completed a $250 million accelerated share repurchase, receiving 4.44 million shares at an average price of $56.30. Common shares outstanding were 267,987,212 as of October 31, 2025.