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Ball (BALL) Financials

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$53.23 +0.38 (+0.72%)
As of 01:07 PM Eastern
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Annual Income Statements for Ball

Annual Income Statements for Ball

This table shows Ball's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
4,008 707 719 878 585 566 454 374 263 281
Consolidated Net Income / (Loss)
4,014 711 732 878 582 536 453 380 266 303
Net Income / (Loss) Continuing Operations
430 488 582 878 582 536 453 380 266 303
Total Pre-Tax Income
535 614 713 1,008 687 608 633 514 125 346
Total Operating Income
763 1,038 1,030 1,291 1,003 932 935 802 463 606
Total Gross Profit
2,441 2,308 2,250 2,726 2,458 2,271 2,306 2,266 1,765 1,537
Total Revenue
11,795 12,062 13,372 13,811 11,781 11,474 11,635 10,983 9,061 7,997
Operating Revenue
11,795 12,062 13,372 13,811 11,781 11,474 11,635 10,983 9,061 7,997
Total Cost of Revenue
9,354 9,754 11,122 11,085 9,323 9,203 9,329 8,717 7,296 6,460
Operating Cost of Revenue
9,354 9,754 11,122 11,085 9,323 9,203 9,329 8,717 7,296 6,460
Total Operating Expenses
1,678 1,270 1,220 1,435 1,455 1,339 1,371 1,464 1,302 931
Selling, General & Admin Expense
647 532 555 593 525 417 478 514 512 450
Depreciation Expense
611 605 594 700 668 678 702 729 453 286
Restructuring Charge
420 133 71 142 262 244 191 221 337 195
Total Other Income / (Expense), net
-228 -424 -317 -283 -316 -324 -302 -288 -338 -260
Interest Expense
296 460 331 283 316 324 302 288 338 260
Interest & Investment Income
68 36 14 - - - - - - -
Income Tax Expense
133 146 138 156 99 71 185 165 -126 47
Other Gains / (Losses), net
28 20 7.00 26 -6.00 -1.00 5.00 31 15 4.00
Net Income / (Loss) Discontinued Operations
3,584 223 150 - - - - - - -
Net Income / (Loss) Attributable to Noncontrolling Interest
6.00 4.00 13 0.00 -3.00 -30 -1.00 6.00 3.00 22
Basic Earnings per Share
$13.12 $2.25 $2.27 $2.69 $1.79 $1.71 $1.32 $1.07 $0.83 $1.02
Weighted Average Basic Shares Outstanding
305.46M 314.78M 316.43M 325.99M 326.26M 331.10M 344.80M 350.27M 316.54M 274.60M
Diluted Earnings per Share
$13.00 $2.23 $2.25 $2.65 $1.76 $1.66 $1.29 $1.05 $0.81 $1.00
Weighted Average Diluted Shares Outstanding
308.21M 317.02M 320.01M 331.62M 332.82M 340.12M 352.32M 356.99M 322.88M 281.97M
Weighted Average Basic & Diluted Shares Outstanding
282.82M 315.64M 314.42M 0.00 327.93M 325.77M 334.34M 349.50M 316.90M 137.10M
Cash Dividends to Common per Share
$0.80 $0.80 $0.80 $0.70 $0.60 $0.55 $0.40 $0.37 $0.26 $0.26

Quarterly Income Statements for Ball

This table shows Ball's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
179 -32 197 158 3,685 154 203 173 177 55 392
Consolidated Net Income / (Loss)
179 -30 199 159 3,686 154 204 173 180 56 394
Net Income / (Loss) Continuing Operations
181 -1.00 193 159 79 102 133 125 128 -94 394
Total Pre-Tax Income
229 7.00 227 200 101 134 175 151 154 -95 444
Total Operating Income
292 -49 365 251 196 226 285 260 267 4.00 523
Total Gross Profit
604 591 657 602 591 599 599 561 549 185 676
Total Revenue
3,097 2,880 3,082 2,959 2,874 2,903 3,111 3,067 2,981 1,571 3,951
Operating Revenue
3,097 2,880 3,082 2,959 2,874 2,903 3,111 3,067 2,981 1,571 3,951
Total Cost of Revenue
2,493 2,289 2,425 2,357 2,283 2,304 2,512 2,506 2,432 1,386 3,275
Operating Cost of Revenue
2,493 2,289 2,425 2,357 2,283 2,304 2,512 2,506 2,432 1,386 3,275
Total Operating Expenses
312 640 292 351 395 373 314 301 282 181 153
Selling, General & Admin Expense
149 155 142 139 211 127 133 157 115 49 159
Depreciation Expense
150 151 150 152 158 156 152 150 147 84 157
Restructuring Charge
13 - - 60 26 90 29 -6.00 20 48 -163
Total Other Income / (Expense), net
-63 56 -138 -51 -95 -92 -110 -109 -113 -99 -79
Interest Expense
70 65 67 69 95 109 122 116 113 113 79
Interest & Investment Income
7.00 - 14 18 - - 12 7.00 - - -
Income Tax Expense
53 15 42 49 27 39 45 29 33 -1.00 38
Other Gains / (Losses), net
5.00 7.00 8.00 8.00 5.00 7.00 3.00 3.00 7.00 - -12
Net Income / (Loss) Discontinued Operations
-2.00 -29 6.00 0.00 3,607 52 71 48 52 - -
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 2.00 2.00 1.00 1.00 - 1.00 0.00 3.00 1.00 2.00
Basic Earnings per Share
$0.63 $0.26 $0.65 $0.51 $11.70 $0.50 $0.64 $0.55 $0.56 $0.18 $1.25
Weighted Average Basic Shares Outstanding
283.29M 305.46M 302.41M 309.27M 314.95M 314.78M 314.98M 314.56M 314.24M 316.43M 314.05M
Diluted Earnings per Share
$0.63 $0.23 $0.65 $0.51 $11.61 $0.48 $0.64 $0.55 $0.56 $0.19 $1.24
Weighted Average Diluted Shares Outstanding
285.07M 308.21M 305.22M 311.96M 317.39M 317.02M 317.30M 316.87M 316.67M 320.01M 317.06M
Weighted Average Basic & Diluted Shares Outstanding
277.42M 282.82M 298.43M 303.57M 310.38M 315.64M 315.30M 315.06M 314.55M 314.42M 313.92M
Cash Dividends to Common per Share
$0.20 $0.20 $0.20 $0.20 $0.20 $0.20 $0.20 $0.20 $0.20 $0.20 $0.20

Annual Cash Flow Statements for Ball

This table details how cash moves in and out of Ball's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
221 152 -21 -802 -425 1,078 269 -148 -1,776 33
Net Cash From Operating Activities
115 1,863 301 1,760 1,432 1,548 1,566 1,478 193 1,007
Net Cash From Continuing Operating Activities
115 1,863 301 1,760 1,432 1,548 1,566 1,478 193 1,007
Net Income / (Loss) Continuing Operations
4,014 711 732 878 582 536 453 380 266 303
Consolidated Net Income / (Loss)
4,014 711 732 878 582 536 453 380 266 303
Depreciation Expense
620 686 672 700 668 678 702 729 453 286
Non-Cash Adjustments To Reconcile Net Income
-4,246 111 -53 -74 262 244 286 221 337 195
Changes in Operating Assets and Liabilities, net
-273 355 -1,050 256 -80 90 125 148 -863 223
Net Cash From Investing Activities
5,003 -1,053 -786 -1,639 -1,181 -422 -206 -545 -1,283 -2,721
Net Cash From Continuing Investing Activities
5,003 -1,053 -786 -1,639 -1,181 -422 -206 -545 -1,283 -2,721
Purchase of Property, Plant & Equipment
-484 -1,045 -1,651 -1,726 -1,113 -598 -816 -556 -606 -528
Acquisitions
-74 0.00 0.00 - -69 0.00 0.00 -2.00 -3,368 -29
Divestitures
5,422 0.00 759 112 -17 160 539 - 2,938 1.00
Other Investing Activities, net
139 -8.00 106 -25 18 16 71 13 5.00 -2,149
Net Cash From Financing Activities
-4,790 -662 485 -894 -602 -46 -1,040 -1,073 -387 1,737
Net Cash From Continuing Financing Activities
-4,790 -662 485 -894 -602 -46 -1,040 -1,073 -387 1,737
Repayment of Debt
-3,484 -2,458 -3,494 -749 -2,899 -1,738 -1,667 -1,817 -4,615 -2,615
Repurchase of Common Equity
-1,712 -3.00 -618 -766 -57 -945 -739 -103 -107 -136
Payment of Dividends
-244 -252 -254 -229 -198 -182 -137 -129 -83 -72
Issuance of Debt
650 2,051 4,851 850 2,552 2,819 1,475 949 4,370 4,524
Effect of Exchange Rate Changes
-107 4.00 -21 -29 -74 -2.00 -51 -8.00 -299 10

Quarterly Cash Flow Statements for Ball

This table details how cash moves in and out of Ball's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-464 -513 96 -377 1,015 -639 381 374 36 62 -10
Net Cash From Operating Activities
-665 500 610 252 -1,247 736 766 636 -275 525 174
Net Cash From Continuing Operating Activities
-665 500 610 252 -1,247 736 766 636 -275 525 174
Net Income / (Loss) Continuing Operations
179 -30 199 159 3,686 154 204 173 180 56 394
Consolidated Net Income / (Loss)
179 -30 199 159 3,686 154 204 173 180 56 394
Depreciation Expense
150 151 150 152 167 177 173 170 166 162 157
Non-Cash Adjustments To Reconcile Net Income
8.00 301 77 55 -4,679 63 43 -11 16 37 -168
Changes in Operating Assets and Liabilities, net
-1,002 78 184 -114 -421 342 346 304 -637 270 -209
Net Cash From Investing Activities
-207 -178 -23 -88 5,292 -227 -222 -268 -336 -334 44
Net Cash From Continuing Investing Activities
-207 -178 -23 -88 5,292 -227 -222 -268 -336 -334 44
Purchase of Property, Plant & Equipment
-81 -107 -117 -106 -154 -215 -222 -265 -343 -389 -443
Acquisitions
-159 - - - - - - - - - -
Divestitures
1.00 - - - 5,422 - - - 0.00 11 450
Other Investing Activities, net
32 3.00 94 18 24 -12 - -3.00 7.00 44 37
Net Cash From Financing Activities
396 -792 -502 -518 -2,978 -1,152 -154 -5.00 649 -138 -211
Net Cash From Continuing Financing Activities
396 -792 -502 -518 -2,978 -1,152 -154 -5.00 649 -138 -211
Repayment of Debt
-342 -282 -46 27 -3,183 -1,440 -91 -1,042 115 -1,524 -294
Repurchase of Common Equity
-555 -651 -396 -483 -182 - - - -3.00 -1.00 -39
Payment of Dividends
-57 -59 -60 -62 -63 -63 -63 -63 -63 -63 -63
Issuance of Debt
1,350 200 - - 450 351 - 1,100 600 1,450 185
Effect of Exchange Rate Changes
12 -43 11 -23 -52 4.00 -9.00 11 -2.00 9.00 -17

Annual Balance Sheets for Ball

This table presents Ball's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
17,628 19,303 19,909 19,714 18,252 17,360 16,554 17,169 16,173 9,697
Total Current Assets
4,841 4,883 5,489 5,223 4,675 4,884 3,940 3,758 3,653 2,184
Cash & Equivalents
885 695 548 563 1,366 1,798 721 448 597 224
Accounts Receivable
2,166 2,057 2,594 2,560 1,738 1,631 1,802 1,634 1,491 885
Inventories, net
1,477 1,531 2,179 1,795 1,353 1,274 1,271 1,526 1,413 898
Other Current Assets
169 231 168 305 218 181 146 150 152 177
Other Current Nonoperating Assets
144 369 - - - - - - - -
Plant, Property, & Equipment, net
0.00 0.00 7,053 6,502 0.00 0.00 4,542 4,610 4,387 2,686
Total Noncurrent Assets
12,787 14,420 7,367 7,989 13,577 12,476 8,072 8,801 8,133 4,827
Goodwill
4,172 4,250 4,235 4,378 4,484 4,419 4,475 4,933 5,095 2,177
Intangible Assets
1,080 1,248 1,417 1,688 1,883 2,002 2,188 2,462 1,934 195
Other Noncurrent Operating Assets
7,535 8,069 1,715 1,923 7,210 6,055 1,409 1,406 1,104 301
Other Noncurrent Nonoperating Assets
0.00 853 - - - - - - - -
Total Liabilities & Shareholders' Equity
17,628 19,303 19,909 19,714 18,252 17,360 16,554 17,169 16,173 9,697
Total Liabilities
11,698 15,466 16,382 16,029 14,915 14,341 12,992 13,123 12,632 8,436
Total Current Liabilities
4,847 6,185 7,008 5,953 4,444 5,577 4,095 4,107 2,969 2,142
Short-Term Debt
361 1,065 1,408 15 17 1,480 219 453 222 77
Accounts Payable
3,418 3,661 4,383 4,759 3,430 3,136 3,095 2,762 2,033 1,501
Current Employee Benefit Liabilities
303 245 236 349 347 285 289 352 315 229
Other Current Liabilities
725 779 981 830 650 676 492 540 399 335
Other Current Nonoperating Liabilities
40 435 - - - - - - - -
Total Noncurrent Liabilities
6,851 9,281 9,374 10,076 10,471 8,764 8,897 9,016 9,663 6,294
Long-Term Debt
5,312 7,504 7,540 7,722 7,783 6,337 6,510 6,518 7,310 4,974
Noncurrent Deferred & Payable Income Tax Liabilities
594 421 540 665 634 561 645 695 439 173
Noncurrent Employee Benefit Liabilities
577 735 847 1,205 1,613 1,486 1,455 1,463 1,497 1,147
Other Noncurrent Operating Liabilities
368 384 447 484 441 380 287 340 417 -
Other Noncurrent Nonoperating Liabilities
0.00 237 - - - - - - - -
Total Equity & Noncontrolling Interests
5,930 3,837 3,527 3,685 3,337 3,019 3,562 4,046 3,541 1,261
Total Preferred & Common Equity
5,862 3,769 3,461 3,627 3,275 2,949 3,458 3,941 3,435 1,251
Total Common Equity
5,862 3,769 3,461 3,627 3,275 2,949 3,458 3,941 3,435 1,251
Common Stock
1,395 1,312 1,260 1,220 1,167 1,178 1,157 1,084 1,038 962
Retained Earnings
11,527 7,763 7,309 6,843 6,192 5,803 5,341 4,987 4,739 4,557
Treasury Stock
-6,057 -4,390 -4,429 -3,854 -3,130 - - -1,474 -1,401 -3,628
Accumulated Other Comprehensive Income / (Loss)
-1,003 -916 -679 -582 -954 -910 -835 -656 -941 -640
Noncontrolling Interest
68 68 66 58 62 70 104 105 106 10

Quarterly Balance Sheets for Ball

This table presents Ball's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets
18,039 17,628 18,824 18,961 19,898 19,303 19,932 20,171 20,109 19,909 20,053
Total Current Assets
5,040 4,841 5,607 5,752 6,524 4,883 5,408 5,435 5,507 5,489 5,812
Cash & Equivalents
449 885 1,440 1,346 1,719 695 1,335 955 572 548 473
Accounts Receivable
2,637 2,166 2,655 2,711 3,050 2,057 2,059 2,291 2,561 2,594 2,877
Inventories, net
1,642 1,477 1,385 1,426 1,498 1,531 1,688 1,982 2,191 2,179 2,201
Other Current Assets
212 169 113 229 225 231 326 207 183 168 261
Other Current Nonoperating Assets
100 144 - - - 369 - - - - -
Plant, Property, & Equipment, net
0.00 0.00 6,550 6,547 6,634 0.00 7,264 7,280 7,203 7,053 6,738
Total Noncurrent Assets
12,999 12,787 6,667 6,662 6,740 14,420 7,260 7,456 7,399 7,367 7,503
Goodwill
4,241 4,172 4,244 4,190 4,211 4,250 4,222 4,269 4,255 4,235 4,119
Intangible Assets
1,062 1,080 1,138 1,159 1,199 1,248 1,315 1,366 1,389 1,417 1,410
Other Noncurrent Operating Assets
7,696 7,535 1,285 1,313 1,330 8,069 1,723 1,821 1,755 1,715 1,974
Total Liabilities & Shareholders' Equity
18,039 17,628 18,824 18,961 19,898 19,303 19,932 20,171 20,109 19,909 20,053
Total Liabilities
12,470 11,698 12,069 11,978 12,521 15,466 15,924 16,266 16,401 16,382 16,504
Total Current Liabilities
4,845 4,847 5,124 4,889 5,384 6,185 6,715 6,926 7,220 7,008 6,189
Short-Term Debt
583 361 452 276 281 1,065 2,108 2,245 2,356 1,408 470
Accounts Payable
3,226 3,418 3,261 3,174 3,257 3,661 3,294 3,433 3,647 4,383 4,527
Current Employee Benefit Liabilities
210 303 308 266 257 245 310 267 250 236 294
Other Current Liabilities
804 725 1,103 1,173 1,589 779 1,003 981 967 981 898
Other Current Nonoperating Liabilities
22 40 - - - 435 - - - - -
Total Noncurrent Liabilities
7,625 6,851 6,945 7,089 7,137 9,281 9,209 9,340 9,181 9,374 10,315
Long-Term Debt
6,134 5,312 5,353 5,517 5,519 7,504 7,483 7,507 7,322 7,540 8,363
Noncurrent Deferred & Payable Income Tax Liabilities
580 594 592 590 591 421 445 524 547 540 569
Noncurrent Employee Benefit Liabilities
541 577 630 624 645 735 813 840 824 847 904
Other Noncurrent Operating Liabilities
370 368 370 358 382 384 468 469 488 447 479
Total Equity & Noncontrolling Interests
5,569 5,930 6,755 6,983 7,377 3,837 4,008 3,905 3,708 3,527 3,549
Total Preferred & Common Equity
5,501 5,862 6,683 6,913 7,308 3,769 3,938 3,836 3,639 3,461 3,479
Total Common Equity
5,501 5,862 6,683 6,913 7,308 3,769 3,938 3,836 3,639 3,461 3,479
Common Stock
1,401 1,395 1,384 1,370 1,352 1,312 1,304 1,291 1,268 1,260 1,247
Retained Earnings
11,649 11,527 11,618 11,481 11,386 7,763 7,673 7,533 7,422 7,309 7,316
Treasury Stock
-6,607 -6,057 -5,407 -5,017 -4,537 -4,390 -4,397 -4,406 -4,414 -4,429 -4,436
Accumulated Other Comprehensive Income / (Loss)
-942 -1,003 -912 -921 -893 -916 -642 -582 -637 -679 -648
Noncontrolling Interest
68 68 72 70 69 68 70 69 69 66 70

Annual Metrics And Ratios for Ball

This table displays calculated financial ratios and metrics derived from Ball's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
-2.21% -9.80% -3.18% 17.23% 2.68% -1.38% 5.94% 21.21% 13.31% -6.69%
EBITDA Growth
-19.78% 1.29% -14.52% 19.15% 3.79% -1.65% 6.92% 67.14% 2.69% -20.36%
EBIT Growth
-26.49% 0.78% -20.22% 28.71% 7.62% -0.32% 16.58% 73.22% -23.60% -27.77%
NOPAT Growth
-27.54% -4.75% -23.88% 27.11% 4.29% 24.39% 21.52% -41.43% 77.53% -18.71%
Net Income Growth
464.56% -2.87% -16.63% 50.86% 8.58% 18.32% 19.21% 42.86% -12.21% -39.16%
EPS Growth
482.96% -0.89% -15.09% 50.57% 6.02% 28.68% 22.86% 29.63% -12.21% -39.16%
Operating Cash Flow Growth
-93.83% 518.94% -82.90% 22.91% -7.49% -1.15% 5.95% 665.80% -80.83% -0.49%
Free Cash Flow Firm Growth
-28.05% 756.06% -7,511.82% -97.45% -90.74% -18.40% 267.79% 108.05% -795.64% -21.84%
Invested Capital Growth
-4.90% -6.42% 9.84% 11.14% 8.11% -5.56% -9.45% 0.89% 166.29% -6.71%
Revenue Q/Q Growth
-0.19% 12.41% -13.59% 4.32% 3.36% -0.73% 0.48% 2.08% 8.61% -2.76%
EBITDA Q/Q Growth
-17.87% 15.94% -18.99% 5.29% 5.76% 0.19% -8.80% 16.16% 13.93% -0.56%
EBIT Q/Q Growth
-26.49% 27.21% -26.74% 6.96% 9.86% 0.87% -13.10% 28.32% 7.42% -1.25%
NOPAT Q/Q Growth
-27.60% 33.80% -31.73% 8.07% 11.19% -4.97% 8.50% 21.69% -23.87% 1.06%
Net Income Q/Q Growth
-4.38% 15.99% -24.77% 8.66% 20.00% -3.42% -2.16% 39.19% -4.66% -7.17%
EPS Q/Q Growth
-1.89% 14.95% -23.99% 8.61% 14.29% -1.19% -4.44% 38.16% -4.66% -7.17%
Operating Cash Flow Q/Q Growth
-67.24% 12.77% -54.39% -10.34% 15.76% 29.54% -11.07% 7.88% 939.13% 5.01%
Free Cash Flow Firm Q/Q Growth
-42.54% 558.89% -265.11% -95.13% -85.17% 88.15% 16.30% -58.25% 4.71% -10.12%
Invested Capital Q/Q Growth
-4.43% -8.99% 0.15% 0.21% -1.22% -9.31% -2.55% -0.65% -7.06% -5.46%
Profitability Metrics
- - - - - - - - - -
Gross Margin
20.70% 19.13% 16.83% 19.74% 20.86% 19.79% 19.82% 20.63% 19.48% 19.22%
EBITDA Margin
11.73% 14.29% 12.73% 14.42% 14.18% 14.03% 14.07% 13.94% 10.11% 11.15%
Operating Margin
6.47% 8.61% 7.70% 9.35% 8.51% 8.12% 8.04% 7.30% 5.11% 7.58%
EBIT Margin
6.47% 8.61% 7.70% 9.35% 8.51% 8.12% 8.04% 7.30% 5.11% 7.58%
Profit (Net Income) Margin
34.03% 5.89% 5.47% 6.36% 4.94% 4.67% 3.89% 3.46% 2.94% 3.79%
Tax Burden Percent
750.28% 115.80% 102.66% 87.10% 84.72% 88.16% 71.56% 73.93% 212.80% 87.57%
Interest Burden Percent
70.12% 59.15% 69.22% 78.08% 68.49% 65.24% 67.70% 64.09% 27.00% 57.10%
Effective Tax Rate
24.86% 23.78% 19.35% 15.48% 14.41% 11.68% 29.23% 32.10% -100.80% 13.58%
Return on Invested Capital (ROIC)
5.27% 6.85% 7.29% 10.58% 9.13% 8.85% 6.57% 5.18% 12.90% 12.85%
ROIC Less NNEP Spread (ROIC-NNEP)
62.57% 5.83% 6.02% 7.45% 4.69% 4.07% 3.24% 2.73% -0.91% 5.04%
Return on Net Nonoperating Assets (RNNOA)
76.93% 12.46% 13.01% 14.43% 9.19% 7.44% 5.34% 4.84% -1.82% 11.38%
Return on Equity (ROE)
82.20% 19.31% 20.30% 25.01% 18.31% 16.29% 11.91% 10.02% 11.08% 24.23%
Cash Return on Invested Capital (CROIC)
10.29% 13.49% -2.08% 0.03% 1.33% 14.57% 16.49% 4.29% -77.89% 19.80%
Operating Return on Assets (OROA)
4.13% 5.29% 5.20% 6.80% 5.63% 5.50% 5.55% 4.81% 3.58% 7.02%
Return on Assets (ROA)
21.74% 3.63% 3.69% 4.63% 3.27% 3.16% 2.69% 2.28% 2.06% 3.51%
Return on Common Equity (ROCE)
81.05% 18.96% 19.95% 24.58% 17.93% 15.86% 11.58% 9.74% 10.81% 22.14%
Return on Equity Simple (ROE_SIMPLE)
68.47% 18.86% 21.15% 24.21% 17.77% 18.18% 13.10% 9.64% 7.74% 24.22%
Net Operating Profit after Tax (NOPAT)
573 791 831 1,091 858 823 662 545 930 524
NOPAT Margin
4.86% 6.56% 6.21% 7.90% 7.29% 7.17% 5.69% 4.96% 10.26% 6.55%
Net Nonoperating Expense Percent (NNEP)
-57.31% 1.02% 1.27% 3.13% 4.44% 4.78% 3.33% 2.45% 13.82% 7.81%
Return On Investment Capital (ROIC_SIMPLE)
4.94% 6.38% 6.66% 9.55% 7.71% 7.60% 6.43% 4.94% 8.40% 8.30%
Cost of Revenue to Revenue
79.30% 80.87% 83.17% 80.26% 79.14% 80.21% 80.18% 79.37% 80.52% 80.78%
SG&A Expenses to Revenue
5.49% 4.41% 4.15% 4.29% 4.46% 3.63% 4.11% 4.68% 5.65% 5.63%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
14.23% 10.53% 9.12% 10.39% 12.35% 11.67% 11.78% 13.33% 14.37% 11.64%
Earnings before Interest and Taxes (EBIT)
763 1,038 1,030 1,291 1,003 932 935 802 463 606
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,383 1,724 1,702 1,991 1,671 1,610 1,637 1,531 916 892
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.95 4.72 4.50 8.16 8.85 6.77 4.22 3.11 1.75 3.61
Price to Tangible Book Value (P/TBV)
28.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.46 1.48 1.16 2.14 2.46 1.74 1.25 1.12 0.66 0.56
Price to Earnings (P/E)
4.31 25.17 21.65 33.70 49.52 35.25 32.13 32.82 22.90 16.08
Dividend Yield
1.46% 1.41% 1.61% 0.76% 0.68% 0.90% 0.93% 1.23% 1.51% 1.57%
Earnings Yield
23.21% 3.97% 4.62% 2.97% 2.02% 2.84% 3.11% 3.05% 4.37% 6.22%
Enterprise Value to Invested Capital (EV/IC)
2.08 2.31 2.01 3.39 3.63 2.88 2.16 1.79 1.25 1.83
Enterprise Value to Revenue (EV/Rev)
1.88 2.13 1.80 2.67 3.01 2.27 1.78 1.72 1.44 0.90
Enterprise Value to EBITDA (EV/EBITDA)
16.00 14.93 14.12 18.49 21.22 16.18 12.64 12.35 14.26 8.07
Enterprise Value to EBIT (EV/EBIT)
29.00 24.79 23.33 28.52 35.36 27.94 22.14 23.57 28.21 11.88
Enterprise Value to NOPAT (EV/NOPAT)
38.59 32.53 28.93 33.74 41.31 31.64 31.28 34.71 14.05 13.75
Enterprise Value to Operating Cash Flow (EV/OCF)
192.39 13.81 79.83 20.92 24.77 16.82 13.22 12.79 67.68 7.15
Enterprise Value to Free Cash Flow (EV/FCFF)
19.75 16.53 0.00 11,496.59 282.67 19.22 12.46 41.86 0.00 8.93
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.96 2.23 2.54 2.10 2.34 2.59 1.89 1.72 2.13 4.01
Long-Term Debt to Equity
0.90 1.96 2.14 2.10 2.33 2.10 1.83 1.61 2.06 3.94
Financial Leverage
1.23 2.14 2.16 1.94 1.96 1.83 1.65 1.77 2.00 2.26
Leverage Ratio
3.78 5.32 5.49 5.41 5.60 5.15 4.43 4.39 5.39 6.91
Compound Leverage Factor
2.65 3.15 3.80 4.22 3.84 3.36 3.00 2.82 1.45 3.94
Debt to Total Capital
48.89% 69.07% 71.73% 67.74% 70.04% 72.14% 65.39% 63.27% 68.02% 80.02%
Short-Term Debt to Total Capital
3.11% 8.58% 11.29% 0.13% 0.15% 13.66% 2.13% 4.11% 2.00% 1.22%
Long-Term Debt to Total Capital
45.78% 60.49% 60.44% 67.61% 69.88% 58.48% 63.26% 59.16% 66.02% 78.80%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.59% 0.55% 0.53% 0.51% 0.56% 0.65% 1.01% 0.95% 0.96% 0.16%
Common Equity to Total Capital
50.52% 30.38% 27.74% 31.75% 29.41% 27.21% 33.60% 35.77% 31.02% 19.82%
Debt to EBITDA
4.10 4.97 5.26 3.89 4.67 4.86 4.11 4.55 8.22 5.66
Net Debt to EBITDA
3.46 4.57 4.94 3.60 3.85 3.74 3.67 4.26 7.57 3.00
Long-Term Debt to EBITDA
3.84 4.35 4.43 3.88 4.66 3.94 3.98 4.26 7.98 5.58
Debt to NOPAT
9.90 10.83 10.77 7.09 9.09 9.50 10.17 12.80 8.10 9.65
Net Debt to NOPAT
8.35 9.95 10.11 6.57 7.49 7.31 9.08 11.98 7.46 5.10
Long-Term Debt to NOPAT
9.27 9.48 9.08 7.08 9.07 7.70 9.84 11.97 7.86 9.50
Altman Z-Score
2.61 1.97 1.83 2.47 2.48 2.09 2.00 1.74 1.40 2.02
Noncontrolling Interest Sharing Ratio
1.39% 1.82% 1.72% 1.71% 2.08% 2.64% 2.75% 2.78% 2.42% 8.66%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.00 0.79 0.78 0.88 1.05 0.88 0.96 0.92 1.23 1.02
Quick Ratio
0.63 0.44 0.45 0.52 0.70 0.61 0.62 0.51 0.70 0.52
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,120 1,557 -237 3.20 125 1,355 1,661 452 -5,612 807
Operating Cash Flow to CapEx
23.76% 178.28% 18.23% 101.97% 128.66% 258.86% 191.91% 265.83% 31.85% 190.72%
Free Cash Flow to Firm to Interest Expense
3.78 3.39 -0.72 0.01 0.40 4.18 5.50 1.57 -16.60 3.10
Operating Cash Flow to Interest Expense
0.39 4.05 0.91 6.22 4.53 4.78 5.19 5.13 0.57 3.87
Operating Cash Flow Less CapEx to Interest Expense
-1.25 1.78 -4.08 0.12 1.01 2.93 2.48 3.20 -1.22 1.84
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.64 0.62 0.68 0.73 0.66 0.68 0.69 0.66 0.70 0.93
Accounts Receivable Turnover
5.59 5.19 5.19 6.43 6.99 6.68 6.77 7.03 7.63 8.68
Inventory Turnover
6.22 5.26 5.60 7.04 7.10 7.23 6.67 5.93 6.31 6.75
Fixed Asset Turnover
0.00 0.00 1.97 0.00 0.00 0.00 2.54 2.44 2.56 3.13
Accounts Payable Turnover
2.64 2.43 2.43 2.71 2.84 2.95 3.19 3.64 4.13 4.55
Days Sales Outstanding (DSO)
65.34 70.37 70.34 56.79 52.19 54.60 53.90 51.93 47.86 42.04
Days Inventory Outstanding (DIO)
58.69 69.42 65.21 51.83 51.42 50.47 54.72 61.53 57.81 54.09
Days Payable Outstanding (DPO)
138.11 150.51 150.01 134.82 128.53 123.56 114.58 100.39 88.40 80.26
Cash Conversion Cycle (CCC)
-14.09 -10.72 -14.46 -26.20 -24.92 -18.49 -5.97 13.07 17.26 15.87
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
10,614 11,161 11,927 10,859 9,771 9,038 9,570 10,569 10,476 3,934
Invested Capital Turnover
1.08 1.04 1.17 1.34 1.25 1.23 1.16 1.04 1.26 1.96
Increase / (Decrease) in Invested Capital
-547 -766 1,068 1,088 733 -532 -999 93 6,542 -283
Enterprise Value (EV)
22,124 25,736 24,030 36,816 35,465 26,042 20,699 18,902 13,063 7,201
Market Capitalization
17,268 17,794 15,564 29,584 28,969 19,953 14,587 12,274 6,022 4,518
Book Value per Share
$19.64 $11.95 $11.03 $11.20 $10.01 $9.01 $10.19 $11.26 $19.65 $9.18
Tangible Book Value per Share
$2.04 ($5.48) ($6.98) ($7.53) ($9.45) ($10.61) ($9.45) ($9.87) ($20.56) ($8.22)
Total Capital
11,603 12,406 12,475 11,422 11,137 10,836 10,291 11,017 11,073 6,312
Total Debt
5,673 8,569 8,948 7,737 7,800 7,817 6,729 6,971 7,532 5,051
Total Long-Term Debt
5,312 7,504 7,540 7,722 7,783 6,337 6,510 6,518 7,310 4,974
Net Debt
4,788 7,874 8,400 7,174 6,434 6,019 6,008 6,523 6,935 2,673
Capital Expenditures (CapEx)
484 1,045 1,651 1,726 1,113 598 816 556 606 528
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-530 -932 -659 -1,278 -1,118 -1,011 -657 -344 309 -105
Debt-free Net Working Capital (DFNWC)
355 -237 -111 -715 248 787 64 104 906 119
Net Working Capital (NWC)
-6.00 -1,302 -1,519 -730 231 -693 -155 -349 684 42
Net Nonoperating Expense (NNE)
-3,441 80 99 213 276 287 209 165 664 221
Net Nonoperating Obligations (NNO)
4,684 7,324 8,400 7,174 6,434 6,019 6,008 6,523 6,935 2,673
Total Depreciation and Amortization (D&A)
620 686 672 700 668 678 702 729 453 286
Debt-free, Cash-free Net Working Capital to Revenue
-4.49% -7.73% -4.93% -9.25% -9.49% -8.81% -5.65% -3.13% 3.41% -1.31%
Debt-free Net Working Capital to Revenue
3.01% -1.96% -0.83% -5.18% 2.11% 6.86% 0.55% 0.95% 10.00% 1.49%
Net Working Capital to Revenue
-0.05% -10.79% -11.36% -5.29% 1.96% -6.04% -1.33% -3.18% 7.55% 0.53%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$13.12 $2.25 $2.27 $2.69 $1.79 $1.71 $1.32 $1.07 $0.00 $2.05
Adjusted Weighted Average Basic Shares Outstanding
305.46M 314.78M 316.43M 325.99M 326.26M 331.10M 344.80M 350.27M 0.00 137.30M
Adjusted Diluted Earnings per Share
$13.00 $2.23 $2.25 $2.65 $1.76 $1.66 $1.29 $1.05 $0.00 $1.99
Adjusted Weighted Average Diluted Shares Outstanding
308.21M 317.02M 320.01M 331.62M 332.82M 340.12M 352.32M 356.99M 0.00 140.98M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
282.82M 315.64M 314.42M 0.00 327.93M 325.77M 334.34M 350.44M 0.00 141.71M
Normalized Net Operating Profit after Tax (NOPAT)
889 893 888 1,211 1,083 1,039 797 695 560 692
Normalized NOPAT Margin
7.54% 7.40% 6.64% 8.77% 9.19% 9.05% 6.85% 6.32% 6.18% 8.66%
Pre Tax Income Margin
4.54% 5.09% 5.33% 7.30% 5.83% 5.30% 5.44% 4.68% 1.38% 4.33%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.58 2.26 3.11 4.56 3.17 2.88 3.10 2.78 1.37 2.33
NOPAT to Interest Expense
1.94 1.72 2.51 3.86 2.72 2.54 2.19 1.89 2.75 2.01
EBIT Less CapEx to Interest Expense
0.94 -0.02 -1.88 -1.54 -0.35 1.03 0.39 0.85 -0.42 0.30
NOPAT Less CapEx to Interest Expense
0.30 -0.55 -2.48 -2.24 -0.81 0.70 -0.51 -0.04 0.96 -0.02
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
6.08% 35.44% 34.70% 26.08% 34.02% 33.96% 30.24% 33.95% 31.20% 23.76%
Augmented Payout Ratio
48.73% 35.87% 119.13% 113.33% 43.81% 210.26% 193.38% 61.05% 71.43% 68.65%

Quarterly Metrics And Ratios for Ball

This table displays calculated financial ratios and metrics derived from Ball's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
7.76% -0.79% -0.93% -3.52% -3.59% 84.79% -21.26% -25.81% -19.78% -57.24% 11.20%
EBITDA Growth
31.16% -74.69% -6.11% -6.28% -16.17% 142.77% -32.65% 604.92% -45.53% -70.62% 64.65%
EBIT Growth
71.76% -121.68% -1.75% -3.46% -26.59% 5,550.00% -45.51% 342.99% -56.23% -98.95% 119.75%
NOPAT Growth
80.18% -65.05% 40.50% -9.79% -31.55% 5,622.28% -55.73% 380.46% -57.81% -99.24% 98.59%
Net Income Growth
-95.14% -119.48% -2.45% -8.09% 1,947.78% 175.00% -48.22% 204.85% -59.73% -81.14% 120.11%
EPS Growth
-94.57% -52.08% 1.56% -7.27% 1,973.21% 152.63% -48.39% 200.00% -59.12% -78.89% 129.63%
Operating Cash Flow Growth
46.67% -32.07% -20.37% -60.38% -353.45% 40.19% 340.23% 56.65% 65.80% -40.61% -75.42%
Free Cash Flow Firm Growth
-107.18% -34.90% 1,115.78% 540.41% 391.06% 186.95% 75.91% 74.84% 32.60% -47.80% 15.42%
Invested Capital Growth
2.91% -4.90% -9.44% -10.33% -10.83% -6.42% 2.98% 4.53% 6.09% 9.84% 9.90%
Revenue Q/Q Growth
7.53% -6.55% 4.16% 2.96% -1.00% -6.69% 1.43% 2.88% 89.75% -60.24% -4.43%
EBITDA Q/Q Growth
333.33% -76.28% 6.70% 11.02% -9.93% -12.01% 6.51% -0.69% 160.84% -75.59% 1,014.75%
EBIT Q/Q Growth
695.92% -117.50% 11.55% 28.06% -13.27% -20.70% 9.62% -2.62% 6,575.00% -99.24% 588.79%
NOPAT Q/Q Growth
300.75% -81.17% 56.97% 31.96% -10.37% -24.32% 0.78% 0.13% 7,392.35% -99.41% 738.50%
Net Income Q/Q Growth
696.67% -115.08% 25.16% -95.69% 2,293.51% -24.51% 17.92% -3.89% 221.43% -85.79% 338.79%
EPS Q/Q Growth
173.91% -64.62% 27.45% -95.61% 2,318.75% -25.00% 16.36% -1.79% 194.74% -84.68% 325.45%
Operating Cash Flow Q/Q Growth
-233.00% -18.03% 142.06% 120.21% -269.43% -3.92% 20.44% 331.27% -152.38% 201.72% -57.14%
Free Cash Flow Firm Q/Q Growth
-118.01% -58.57% -3.07% -1.97% 65.36% 746.42% 57.97% 35.21% 50.60% -79.10% 56.10%
Invested Capital Q/Q Growth
10.79% -4.43% -2.49% -0.32% 2.37% -8.99% -3.45% -0.87% 7.44% 0.15% -1.99%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
19.50% 20.52% 21.32% 20.34% 20.56% 20.63% 19.25% 18.29% 18.42% 11.78% 17.11%
EBITDA Margin
14.27% 3.54% 13.95% 13.62% 12.63% 13.88% 14.72% 14.02% 14.53% 10.57% 17.21%
Operating Margin
9.43% -1.70% 11.84% 8.48% 6.82% 7.79% 9.16% 8.48% 8.96% 0.25% 13.24%
EBIT Margin
9.43% -1.70% 9.09% 8.48% 6.82% 7.79% 9.16% 8.48% 8.96% 0.25% 13.24%
Profit (Net Income) Margin
5.78% -1.04% 6.46% 5.37% 128.25% 5.30% 6.56% 5.64% 6.04% 3.56% 9.97%
Tax Burden Percent
78.17% -428.57% 87.67% 79.50% 3,649.51% 114.93% 116.57% 114.57% 116.88% -58.95% 88.74%
Interest Burden Percent
78.42% -14.29% 81.07% 79.68% 51.53% 59.29% 61.40% 58.08% 57.68% -2,375.00% 84.89%
Effective Tax Rate
23.14% 214.29% 18.50% 24.50% 26.73% 29.10% 25.71% 19.21% 21.43% 0.00% 8.56%
Return on Invested Capital (ROIC)
7.51% 2.11% 9.76% 6.30% 4.93% 5.77% 6.04% 6.38% 7.15% 0.21% 16.47%
ROIC Less NNEP Spread (ROIC-NNEP)
6.63% 0.67% 8.20% 5.84% 58.78% 5.69% 5.95% 5.95% 6.80% 0.89% 15.38%
Return on Net Nonoperating Assets (RNNOA)
5.24% 0.83% 9.60% 7.08% 69.76% 12.14% 13.08% 13.93% 15.28% 1.93% 32.45%
Return on Equity (ROE)
12.75% 2.94% 19.37% 13.38% 74.69% 17.91% 19.12% 20.31% 22.43% 2.14% 48.92%
Cash Return on Invested Capital (CROIC)
2.93% 10.29% 16.69% 16.76% 17.44% 13.49% 1.96% 2.76% -1.60% -2.08% 1.26%
Operating Return on Assets (OROA)
5.97% -1.09% 5.54% 5.14% 4.08% 4.79% 4.92% 4.77% 5.52% 0.17% 10.20%
Return on Assets (ROA)
3.66% -0.67% 3.94% 3.25% 76.65% 3.26% 3.52% 3.18% 3.72% 2.41% 7.68%
Return on Common Equity (ROCE)
12.62% 2.89% 19.11% 13.21% 73.76% 17.59% 18.77% 19.94% 22.05% 2.10% 48.04%
Return on Equity Simple (ROE_SIMPLE)
9.22% 0.00% 62.82% 60.80% 57.70% 0.00% 15.57% 20.93% 12.78% 0.00% 27.97%
Net Operating Profit after Tax (NOPAT)
224 56 297 190 144 160 212 210 210 2.80 478
NOPAT Margin
7.25% 1.94% 9.65% 6.40% 5.00% 5.52% 6.81% 6.85% 7.04% 0.18% 12.10%
Net Nonoperating Expense Percent (NNEP)
0.89% 1.43% 1.56% 0.46% -53.86% 0.08% 0.09% 0.43% 0.35% -0.68% 1.09%
Return On Investment Capital (ROIC_SIMPLE)
1.83% 0.48% 2.37% 1.48% 1.09% 1.29% 1.56% 1.54% 1.57% 0.02% 3.86%
Cost of Revenue to Revenue
80.50% 79.48% 78.68% 79.66% 79.44% 79.37% 80.75% 81.71% 81.58% 88.22% 82.89%
SG&A Expenses to Revenue
4.81% 5.38% 4.61% 4.70% 7.34% 4.37% 4.28% 5.12% 3.86% 3.12% 4.02%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
10.07% 22.22% 9.47% 11.86% 13.74% 12.85% 10.09% 9.81% 9.46% 11.52% 3.87%
Earnings before Interest and Taxes (EBIT)
292 -49 280 251 196 226 285 260 267 4.00 523
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
442 102 430 403 363 403 458 430 433 166 680
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.98 2.95 3.17 2.70 2.86 4.72 3.90 4.66 4.63 4.50 4.21
Price to Tangible Book Value (P/TBV)
82.69 28.31 16.30 11.94 11.01 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.36 1.46 1.79 1.58 1.75 1.48 1.43 1.55 1.33 1.16 0.95
Price to Earnings (P/E)
32.61 4.31 5.06 4.45 4.96 25.17 25.24 22.43 37.46 21.65 15.24
Dividend Yield
1.54% 1.46% 1.19% 1.35% 1.20% 1.41% 1.64% 1.41% 1.49% 1.61% 1.71%
Earnings Yield
3.07% 23.21% 19.78% 22.48% 20.16% 3.97% 3.96% 4.46% 2.67% 4.62% 6.56%
Enterprise Value to Invested Capital (EV/IC)
1.93 2.08 2.31 2.04 2.19 2.31 1.93 2.11 2.03 2.01 1.94
Enterprise Value to Revenue (EV/Rev)
1.89 1.88 2.17 1.96 2.10 2.13 2.21 2.31 2.06 1.80 1.49
Enterprise Value to EBITDA (EV/EBITDA)
15.26 16.00 15.23 14.26 15.15 14.93 15.92 15.65 19.43 14.12 10.98
Enterprise Value to EBIT (EV/EBIT)
25.66 29.00 24.70 24.21 25.91 24.79 29.01 25.37 37.90 23.33 16.41
Enterprise Value to NOPAT (EV/NOPAT)
33.75 38.59 32.38 32.82 34.53 32.53 40.03 29.90 48.45 28.93 18.97
Enterprise Value to Operating Cash Flow (EV/OCF)
32.58 192.39 73.05 45.76 28.12 13.81 14.33 25.23 31.37 79.83 34.97
Enterprise Value to Free Cash Flow (EV/FCFF)
66.84 19.75 13.15 11.49 11.85 16.53 100.15 77.86 0.00 0.00 160.54
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.21 0.96 0.86 0.83 0.79 2.23 2.39 2.50 2.61 2.54 2.49
Long-Term Debt to Equity
1.10 0.90 0.79 0.79 0.75 1.96 1.87 1.92 1.97 2.14 2.36
Financial Leverage
0.79 1.23 1.17 1.21 1.19 2.14 2.20 2.34 2.25 2.16 2.11
Leverage Ratio
2.93 3.78 3.60 3.59 3.61 5.32 5.29 5.53 5.35 5.49 5.49
Compound Leverage Factor
2.30 -0.54 2.92 2.86 1.86 3.16 3.25 3.21 3.09 -130.48 4.66
Debt to Total Capital
54.67% 48.89% 46.22% 45.34% 44.02% 69.07% 70.53% 71.41% 72.30% 71.73% 71.34%
Short-Term Debt to Total Capital
4.75% 3.11% 3.60% 2.16% 2.13% 8.58% 15.50% 16.44% 17.60% 11.29% 3.80%
Long-Term Debt to Total Capital
49.93% 45.78% 42.62% 43.18% 41.88% 60.49% 55.03% 54.97% 54.70% 60.44% 67.54%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.55% 0.59% 0.57% 0.55% 0.52% 0.55% 0.51% 0.51% 0.52% 0.53% 0.57%
Common Equity to Total Capital
44.77% 50.52% 53.21% 54.11% 55.46% 30.38% 28.96% 28.09% 27.19% 27.74% 28.10%
Debt to EBITDA
4.51 4.10 3.45 3.56 3.51 4.97 6.45 5.71 7.22 5.26 4.20
Net Debt to EBITDA
4.21 3.46 2.59 2.73 2.47 4.57 5.55 5.15 6.80 4.94 3.98
Long-Term Debt to EBITDA
4.12 3.84 3.18 3.39 3.34 4.35 5.03 4.39 5.46 4.43 3.98
Debt to NOPAT
9.98 9.90 7.33 8.20 7.99 10.83 16.22 10.90 18.01 10.77 7.26
Net Debt to NOPAT
9.32 8.35 5.51 6.29 5.62 9.95 13.96 9.84 16.95 10.11 6.87
Long-Term Debt to NOPAT
9.12 9.27 6.76 7.81 7.61 9.48 12.65 8.39 13.63 9.08 6.87
Altman Z-Score
2.42 2.46 2.63 2.51 2.50 1.84 1.62 1.71 1.70 1.66 1.88
Noncontrolling Interest Sharing Ratio
1.06% 1.39% 1.32% 1.28% 1.24% 1.82% 1.85% 1.84% 1.67% 1.72% 1.79%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.04 1.00 1.09 1.18 1.21 0.79 0.81 0.78 0.76 0.78 0.94
Quick Ratio
0.64 0.63 0.80 0.83 0.89 0.44 0.51 0.47 0.43 0.45 0.54
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-109 603 1,455 1,502 1,532 926 -143 -341 -526 -1,065 -595
Operating Cash Flow to CapEx
-820.99% 467.29% 521.37% 237.74% -809.74% 342.33% 345.05% 240.00% -80.17% 134.96% 39.28%
Free Cash Flow to Firm to Interest Expense
-1.55 9.28 21.72 21.76 16.12 8.50 -1.17 -2.94 -4.66 -9.43 -7.53
Operating Cash Flow to Interest Expense
-9.50 7.69 9.10 3.65 -13.13 6.75 6.28 5.48 -2.43 4.65 2.20
Operating Cash Flow Less CapEx to Interest Expense
-10.66 6.05 7.36 2.12 -14.75 4.78 4.46 3.20 -5.47 1.20 -3.41
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.63 0.64 0.61 0.61 0.60 0.62 0.54 0.56 0.62 0.68 0.77
Accounts Receivable Turnover
4.23 5.59 5.01 4.74 4.26 5.19 4.35 4.26 4.44 5.19 5.77
Inventory Turnover
6.09 6.22 6.10 5.55 5.21 5.26 4.54 4.31 4.67 5.60 6.63
Fixed Asset Turnover
0.00 0.00 1.71 1.71 1.73 0.00 1.53 0.00 0.00 1.97 0.00
Accounts Payable Turnover
2.95 2.64 2.86 2.86 2.78 2.43 2.26 2.28 2.43 2.43 2.91
Days Sales Outstanding (DSO)
86.36 65.34 72.80 77.05 85.66 70.37 83.95 85.65 82.16 70.34 63.28
Days Inventory Outstanding (DIO)
59.92 58.69 59.86 65.77 70.09 69.42 80.32 84.70 78.17 65.21 55.09
Days Payable Outstanding (DPO)
123.71 138.11 127.69 127.51 131.18 150.51 161.54 160.16 150.20 150.01 125.38
Cash Conversion Cycle (CCC)
22.57 -14.09 4.97 15.31 24.57 -10.72 2.74 10.19 10.13 -14.46 -7.01
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
11,759 10,614 11,106 11,390 11,426 11,161 12,264 12,702 12,814 11,927 11,909
Invested Capital Turnover
1.04 1.08 1.01 0.98 0.99 1.04 0.89 0.93 1.02 1.17 1.36
Increase / (Decrease) in Invested Capital
333 -547 -1,158 -1,312 -1,388 -766 355 551 736 1,068 1,073
Enterprise Value (EV)
22,708 22,124 25,640 23,198 25,055 25,736 23,670 26,742 26,034 24,030 23,079
Market Capitalization
16,372 17,268 21,203 18,681 20,905 17,794 15,344 17,876 16,859 15,564 14,649
Book Value per Share
$19.45 $19.64 $22.02 $22.27 $23.20 $11.95 $12.50 $12.20 $11.57 $11.03 $11.07
Tangible Book Value per Share
$0.70 $2.04 $4.29 $5.04 $6.03 ($5.48) ($5.08) ($5.72) ($6.38) ($6.98) ($6.52)
Total Capital
12,286 11,603 12,560 12,776 13,177 12,406 13,599 13,657 13,386 12,475 12,382
Total Debt
6,717 5,673 5,805 5,793 5,800 8,569 9,591 9,752 9,678 8,948 8,833
Total Long-Term Debt
6,134 5,312 5,353 5,517 5,519 7,504 7,483 7,507 7,322 7,540 8,363
Net Debt
6,268 4,788 4,365 4,447 4,081 7,874 8,256 8,797 9,106 8,400 8,360
Capital Expenditures (CapEx)
81 107 117 106 154 215 222 265 343 389 443
Debt-free, Cash-free Net Working Capital (DFCFNWC)
329 -530 -505 -207 -298 -932 -534 -201 71 -659 -380
Debt-free Net Working Capital (DFNWC)
778 355 935 1,139 1,421 -237 801 754 643 -111 93
Net Working Capital (NWC)
195 -6.00 483 863 1,140 -1,302 -1,307 -1,491 -1,713 -1,519 -377
Net Nonoperating Expense (NNE)
45 86 98 31 -3,542 6.22 7.71 37 30 -53 84
Net Nonoperating Obligations (NNO)
6,190 4,684 4,351 4,407 4,049 7,324 8,256 8,797 9,106 8,400 8,360
Total Depreciation and Amortization (D&A)
150 151 150 152 167 177 173 170 166 162 157
Debt-free, Cash-free Net Working Capital to Revenue
2.74% -4.49% -4.27% -1.75% -2.49% -7.73% -4.98% -1.74% 0.56% -4.93% -2.46%
Debt-free Net Working Capital to Revenue
6.47% 3.01% 7.91% 9.61% 11.89% -1.96% 7.47% 6.52% 5.09% -0.83% 0.60%
Net Working Capital to Revenue
1.62% -0.05% 4.09% 7.28% 9.54% -10.79% -12.18% -12.89% -13.56% -11.36% -2.44%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.63 $0.26 $0.65 $0.51 $11.70 $0.50 $0.64 $0.55 $0.56 $0.18 $1.25
Adjusted Weighted Average Basic Shares Outstanding
283.29M 305.46M 302.41M 309.27M 314.95M 314.78M 314.98M 314.56M 314.24M 316.43M 314.05M
Adjusted Diluted Earnings per Share
$0.63 $0.23 $0.65 $0.51 $11.61 $0.48 $0.64 $0.55 $0.56 $0.19 $1.24
Adjusted Weighted Average Diluted Shares Outstanding
285.07M 308.21M 305.22M 311.96M 317.39M 317.02M 317.30M 316.87M 316.67M 320.01M 317.06M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
277.42M 282.82M 298.43M 303.57M 310.38M 315.64M 315.30M 315.06M 314.55M 314.42M 313.92M
Normalized Net Operating Profit after Tax (NOPAT)
234 -34 297 235 163 224 233 205 226 36 329
Normalized NOPAT Margin
7.57% -1.19% 9.65% 7.94% 5.66% 7.72% 7.50% 6.69% 7.56% 2.32% 8.33%
Pre Tax Income Margin
7.39% 0.24% 7.37% 6.76% 3.51% 4.62% 5.63% 4.92% 5.17% -6.05% 11.24%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
4.17 -0.75 4.18 3.64 2.06 2.07 2.34 2.24 2.36 0.04 6.62
NOPAT to Interest Expense
3.21 0.86 4.44 2.75 1.51 1.47 1.74 1.81 1.86 0.02 6.05
EBIT Less CapEx to Interest Expense
3.01 -2.40 2.43 2.10 0.44 0.10 0.52 -0.04 -0.67 -3.41 1.01
NOPAT Less CapEx to Interest Expense
2.05 -0.78 2.69 1.21 -0.11 -0.50 -0.08 -0.47 -1.18 -3.42 0.45
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
46.94% 6.08% 5.91% 5.97% 5.98% 35.44% 41.11% 31.38% 54.19% 34.70% 26.31%
Augmented Payout Ratio
458.19% 48.73% 31.18% 21.79% 10.29% 35.87% 41.76% 36.74% 166.67% 119.13% 135.05%

Frequently Asked Questions About Ball's Financials

When does Ball's financial year end?

According to the most recent income statement we have on file, Ball's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Ball's net income changed over the last 9 years?

Ball's net income appears to be on an upward trend, with a most recent value of $4.01 billion in 2024, rising from $303 million in 2015. The previous period was $711 million in 2023. Check out Ball's forecast to explore projected trends and price targets.

What is Ball's operating income?
Ball's total operating income in 2024 was $763 million, based on the following breakdown:
  • Total Gross Profit: $2.44 billion
  • Total Operating Expenses: $1.68 billion
How has Ball revenue changed over the last 9 years?

Over the last 9 years, Ball's total revenue changed from $8.00 billion in 2015 to $11.80 billion in 2024, a change of 47.5%.

How much debt does Ball have?

Ball's total liabilities were at $11.70 billion at the end of 2024, a 24.4% decrease from 2023, and a 38.7% increase since 2015.

How much cash does Ball have?

In the past 9 years, Ball's cash and equivalents has ranged from $224 million in 2015 to $1.80 billion in 2019, and is currently $885 million as of their latest financial filing in 2024.

How has Ball's book value per share changed over the last 9 years?

Over the last 9 years, Ball's book value per share changed from 9.18 in 2015 to 19.64 in 2024, a change of 114.0%.



This page (NYSE:BALL) was last updated on 5/29/2025 by MarketBeat.com Staff
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