15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.2% per year over the past 5 years.
Net income has grown faster than revenue (9.5% vs 2.2% per year).
Free cash flow has grown 19.8% per year over the past 5 years.
Financial health
The company holds more cash ($1.2B) than total debt ($2M).
Total debt has grown slower than revenue (-18.4% vs 2.2% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 24.0% of earnings and 27.9% of free cash flow.
The dividend has grown 2.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$13.2B
$915M
0.0%
0.0%
$788M
$2M
$1.2B
2024
$11.8B
$4.0B
0.0%
0.0%
-$369M
$26M
$885M
2023
$12.1B
$711M
0.0%
10.6%
$818M
$3M
$695M
2022
$13.4B
$732M
0.0%
9.1%
-$1.4B
—
$548M
2021
$13.8B
$878M
0.0%
9.3%
$34M
—
$563M
2020
$11.8B
$582M
0.0%
8.5%
$319M
—
$1.4B
2019
$11.5B
$536M
15.5%
8.1%
$950M
$7.8B
$1.8B
2018
$11.6B
$453M
15.5%
8.0%
$750M
$6.5B
$721M
2017
$11.0B
$380M
16.0%
7.3%
$922M
$6.6B
$448M
2016
$9.1B
$266M
15.7%
5.1%
-$413M
$7.4B
$597M
2015
—
$303M
—
—
$479M
$5.0B
$224M
2014
—
$498M
—
—
$621M
$3.0B
$191M
2013
—
$435M
—
—
$461M
$3.5B
$416M
2012
—
$419M
—
—
$548M
$3.2B
$174M
2011
—
$466M
—
—
$505M
$2.8B
$166M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3.6B
$205M
0.0%
0.0%
-$938M
—
$730M
Dec '25
$3.3B
$200M
0.0%
0.0%
$1.0B
$2M
$1.2B
Sep '25
$3.4B
$321M
0.0%
0.0%
$257M
$2M
$568M
Jun '25
$3.3B
$215M
0.0%
0.0%
$236M
$2M
$296M
Mar '25
$3.1B
$179M
0.0%
0.0%
-$746M
$2M
$449M
Dec '24
$2.9B
-$30M
16.7%
0.0%
$393M
$26M
$885M
Sep '24
$3.1B
$199M
17.7%
0.0%
$493M
—
$1.4B
Jun '24
$3.0B
$159M
16.5%
0.0%
$146M
—
$1.3B
Mar '24
$2.9B
$3.7B
16.6%
6.8%
-$1.4B
—
$1.7B
Dec '23
$2.9B
$154M
16.6%
10.3%
$521M
$3M
$695M
Sep '23
$3.1B
$204M
15.7%
10.4%
$544M
—
$1.3B
Jun '23
$3.1B
$173M
14.8%
10.5%
$371M
—
$955M
Mar '23
$3.0B
$180M
14.8%
9.0%
-$618M
—
$572M
Dec '22
$3.5B
$56M
0.0%
5.3%
$136M
—
$548M
Sep '22
$3.0B
$394M
0.0%
17.5%
-$269M
—
$473M
Jun '22
$4.1B
-$165M
0.0%
-2.6%
-$51M
—
$480M
Mar '22
$3.7B
$447M
0.0%
16.4%
-$1.2B
—
$437M
Dec '21
$3.7B
$297M
0.0%
10.3%
$362M
—
$563M
Sep '21
$3.6B
$179M
0.0%
6.7%
$261M
—
$1.4B
Jun '21
$3.5B
$202M
0.0%
10.8%
$251M
—
$571M
Valuation over time
How the market has priced BALL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 20.0× (Mar '23) to 17.9× (Jun '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 1.2× (Jun '26).
The dividend yield has fallen from 1.7% (Mar '23) to 1.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BALL growing its revenue and profit?
Over the past 5 years, Ball Corporation's revenue has grown 2.2% per year, and net income grown 9.5% per year. These are computed facts, not advice.
How much debt does BALL have?
As of FY2025, Ball Corporation reported $2M of total debt against $1.2B of cash.
What is BALL's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 7.0%.
What is BALL's P/E ratio?
As of Jun '26, Ball Corporation traded at a price-to-earnings ratio of about 17.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.