BALL Financials Ball Corporation

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 42 d ago 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$13.2B	$915M	0.0%	0.0%	16.9%	4.7%	$788M	$2M	$1.2B
2024	$11.8B	$4.0B	0.0%	0.0%	68.5%	22.8%	-$369M	$26M	$885M
2023	$12.1B	$711M	0.0%	10.6%	18.9%	3.7%	$818M	$3M	$695M
2022	$13.4B	$732M	0.0%	9.1%	21.1%	3.7%	-$1.4B	—	$548M
2021	$13.8B	$878M	0.0%	9.3%	24.2%	4.5%	$34M	—	$563M
2020	$11.8B	$582M	0.0%	8.5%	17.8%	3.2%	$319M	—	$1.4B
2019	$11.5B	$536M	15.5%	8.1%	18.2%	3.1%	$950M	$7.8B	$1.8B
2018	$11.6B	$453M	15.5%	8.0%	13.1%	2.7%	$750M	$6.5B	$721M
2017	$11.0B	$380M	16.0%	7.3%	9.6%	2.2%	$922M	$6.6B	$448M
2016	$9.1B	$266M	15.7%	5.1%	7.7%	1.6%	-$413M	$7.4B	$597M
2015	—	$303M	—	—	24.2%	3.1%	$479M	$5.0B	$224M
2014	—	$498M	—	—	48.2%	6.6%	$621M	$3.0B	$191M
2013	—	$435M	—	—	35.5%	5.6%	$461M	$3.5B	$416M
2012	—	$419M	—	—	37.6%	5.6%	$548M	$3.2B	$174M
2011	—	$466M	—	—	38.2%	6.4%	$505M	$2.8B	$166M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$4.0B	$223M	0.0%	0.0%	3.9%	1.1%	$467M	—	$491M
Mar '26	$3.6B	$205M	0.0%	0.0%	3.7%	1.0%	-$938M	—	$730M
Dec '25	$3.3B	$200M	0.0%	0.0%	3.7%	1.0%	$1.0B	$2M	$1.2B
Sep '25	$3.4B	$321M	0.0%	0.0%	5.9%	1.7%	$257M	$2M	$568M
Jun '25	$3.3B	$215M	0.0%	0.0%	4.1%	1.2%	$236M	$2M	$296M
Mar '25	$3.1B	$179M	0.0%	0.0%	3.3%	1.0%	-$746M	$2M	$449M
Dec '24	$2.9B	-$30M	16.7%	0.0%	-0.5%	-0.2%	$393M	$26M	$885M
Sep '24	$3.1B	$199M	17.7%	0.0%	3.0%	1.1%	$493M	—	$1.4B
Jun '24	$3.0B	$159M	16.5%	0.0%	2.3%	0.8%	$146M	—	$1.3B
Mar '24	$2.9B	$3.7B	16.6%	6.8%	50.4%	18.5%	-$1.4B	—	$1.7B
Dec '23	$2.9B	$154M	16.6%	10.3%	4.1%	0.8%	$521M	$3M	$695M
Sep '23	$3.1B	$204M	15.7%	10.4%	5.2%	1.0%	$544M	—	$1.3B
Jun '23	$3.1B	$173M	14.8%	10.5%	4.5%	0.9%	$371M	—	$955M
Mar '23	$3.0B	$180M	14.8%	9.0%	4.9%	0.9%	-$618M	—	$572M
Dec '22	$3.5B	$56M	0.0%	5.3%	1.6%	0.3%	$136M	—	$548M
Sep '22	$3.0B	$394M	0.0%	17.5%	11.3%	2.0%	-$269M	—	$473M
Jun '22	$4.1B	-$165M	0.0%	-2.6%	-4.8%	-0.8%	-$51M	—	$480M
Mar '22	$3.7B	$447M	0.0%	16.4%	11.5%	2.1%	-$1.2B	—	$437M
Dec '21	$3.7B	$297M	0.0%	10.3%	8.2%	1.5%	$362M	—	$563M
Sep '21	$3.6B	$179M	0.0%	6.7%	4.8%	0.9%	$261M	—	$1.4B

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 19.9× (Mar '23) to 18.2× (Sep '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 1.3× (Sep '26).
The dividend yield has fallen from 1.7% (Mar '23) to 1.3% (Sep '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 Sep '26, Ball Corporation traded at a price-to-earnings ratio of about 18.2× (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.