BALL Corp
Business
Ball Corporation is one of the world's leading suppliers of aluminum packaging for beverage, personal care and household products industries. The company manufactures aluminum beverage containers, extruded aluminum aerosol containers, recloseable aluminum bottles and aluminum slugs sold globally under multi-year supply contracts to major multinational companies and regional customers. Ball operates three reportable beverage packaging segments serving North and Central America, Europe/Middle East/Africa and South America, plus a personal & home care division; it also holds equity-method investments in several countries.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 13,161 | 11,795 | 12,062 | 13,372 | 13,811 | |
| Cost of sales (excluding depreciation and amortization) | −10,583 | −9,354 | −9,754 | −11,122 | −11,085 | |
| Depreciation and amortization | −622 | −611 | −605 | −594 | — | |
| Selling, general and administrative | −566 | −647 | −532 | −555 | −593 | |
| Business consolidation and other activities | 41 | −420 | −133 | −71 | −142 | |
| Interest income | 30 | 68 | 36 | 14 | — | |
| Interest expense | −314 | −293 | −460 | −313 | −270 | |
| Debt refinancing and other costs | −19 | −3 | — | −18 | −13 | |
| Earnings before taxes | 1,128 | 535 | 614 | 713 | 1,008 | |
| Tax (provision) benefit | −240 | −133 | −146 | −138 | −156 | |
| Equity in results of affiliates, net of tax | 27 | 28 | 20 | 7 | 26 | |
| Earnings from continuing operations | 915 | 430 | 488 | 582 | — | |
| Discontinued operations, net of tax | — | 3,584 | 223 | 150 | — | |
| Net earnings | 915 | 4,014 | 711 | 732 | 878 | |
| Net earnings attributable to noncontrolling interests | 3 | 6 | 4 | 13 | — | |
| Net earnings attributable to Ball Corporation | 912 | 4,008 | 707 | 719 | 878 | |
| Basic - continuing operations (in dollars per share) | 3.33 | 1.39 | 1.54 | 1.8 | — | |
| Basic - discontinued operations (in dollars per share) | — | 11.73 | 0.71 | 0.47 | — | |
| Total basic earnings per share (in dollars per share) | 3.33 | 13.12 | 2.25 | 2.27 | 2.69 | |
| Diluted - continuing operations (in dollars per share) | 3.3 | 1.37 | 1.53 | 1.78 | — | |
| Diluted - discontinued operations (in dollars per share) | — | 11.63 | 0.7 | 0.47 | — | |
| Total diluted earnings per share (in dollars per share) | 3.3 | 13 | 2.23 | 2.25 | 2.65 | |
| Basic (in shares) | 274 | 305 | 315 | 316 | 326 | |
| Diluted (in shares) | 276 | 308 | 317 | 320 | 332 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,212 | 885 | 695 | 548 | 563 | |
| Receivables, net | 2,606 | 2,166 | 2,057 | 2,594 | 2,560 | |
| Inventories, net | 2,013 | 1,477 | 1,531 | 2,179 | 1,795 | |
| Other current assets | 265 | 169 | 231 | 168 | 305 | |
| Current assets held for sale | 17 | 144 | 369 | — | — | |
| Total current assets | 6,113 | 4,841 | 4,883 | 5,489 | 5,223 | |
| Property, plant and equipment, net | 6,656 | 6,173 | 6,715 | 7,053 | 6,502 | |
| Goodwill | 4,379 | 4,172 | 4,250 | 4,195 | 4,378 | |
| Intangible assets, net | 982 | 1,080 | 1,248 | 1,417 | 1,688 | |
| Other assets | 1,394 | 1,362 | 1,354 | 1,715 | 1,923 | |
| Total assets | 19,524 | 17,628 | 19,303 | 19,909 | 19,714 | |
| Short-term debt and current portion of long-term debt | 21 | 361 | 1,065 | 1,408 | 15 | |
| Accounts payable | 4,452 | 3,418 | 3,661 | 4,383 | 4,759 | |
| Accrued employee costs | 303 | 303 | 245 | 236 | 349 | |
| Other current liabilities | 711 | 725 | 779 | 981 | 830 | |
| Current liabilities held for sale | — | 40 | 435 | — | — | |
| Total current liabilities | 5,487 | 4,847 | 6,185 | 7,008 | 5,953 | |
| Long-term debt | 6,991 | 5,312 | 7,504 | 7,540 | 7,722 | |
| Employee benefit obligations | 499 | 577 | 735 | 847 | 1,205 | |
| Deferred taxes | 655 | 594 | 421 | 540 | 665 | |
| Other liabilities | 471 | 368 | 384 | 447 | 484 | |
| Total liabilities | 14,103 | 11,698 | 15,466 | 16,382 | 16,029 | |
| Common stock (685,107,438 shares issued - 2025; 684,168,252 shares issued - 2024) | 1,422 | 1,395 | 1,312 | 1,260 | 1,220 | |
| Retained earnings | 12,219 | 11,527 | 7,763 | 7,309 | 6,843 | |
| Accumulated other comprehensive earnings (loss) | −869 | −1,003 | −916 | −679 | −582 | |
| Treasury stock, at cost (419,733,252 shares - 2025; 394,790,362 shares - 2024) | −7,351 | −6,057 | −4,390 | −4,429 | −3,854 | |
| Total Ball Corporation shareholders' equity | 5,421 | 5,862 | 3,769 | 3,461 | 3,627 | |
| Noncontrolling interests | — | 68 | 68 | 66 | 58 | |
| Total equity | 5,421 | 5,930 | 3,837 | 3,527 | 3,685 | |
| Total liabilities and equity | 19,524 | 17,628 | 19,303 | 19,909 | 19,714 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 622 | 620 | 686 | 672 | — | |
| Deferred tax provision (benefit) | 60 | 143 | −67 | −2 | 35 | |
| Gain on Aerospace disposal | 3 | −4,634 | 20 | — | — | |
| Pension contributions | −43 | −32 | −42 | −124 | −216 | |
| Other, net | −123 | 135 | 62 | −124 | 101 | |
| Receivables | −317 | −325 | 238 | −305 | −863 | |
| Inventories | −453 | −25 | 626 | −458 | −464 | |
| Other current assets | 48 | −109 | −25 | −42 | −24 | |
| Accounts payable | 730 | −91 | −510 | −83 | 1,312 | |
| Accrued employee costs | −14 | 47 | 93 | −101 | −1 | |
| Other current liabilities | −39 | −201 | −71 | 84 | 159 | |
| Other, net | −86 | 153 | 9 | −19 | 1 | |
| Cash provided by (used in) operating activities | 1,262 | 115 | 1,863 | 301 | 1,760 | |
| Capital expenditures | −474 | −484 | −1,045 | −1,651 | −1,726 | |
| Business acquisitions, net of cash acquired | −159 | −74 | — | — | — | |
| Business dispositions, net of cash sold | 32 | 5,422 | — | 759 | 112 | |
| Derivative settlements | −99 | 138 | 12 | — | — | |
| Other, net | 44 | 1 | −20 | 106 | −25 | |
| Cash provided by (used in) investing activities | −656 | 5,003 | −1,053 | −786 | −1,639 | |
| Long-term borrowings | 6,683 | 650 | 2,051 | 4,851 | 850 | |
| Repayments of long-term borrowings | −5,297 | −3,480 | −2,281 | −3,884 | −750 | |
| Net change in short-term borrowings | −158 | −29 | −210 | 394 | −2 | |
| Acquisitions of treasury stock | −1,321 | −1,712 | −3 | −618 | −766 | |
| Common stock dividends | −220 | −244 | −252 | −254 | −229 | |
| Other, net | −31 | 25 | 33 | −4 | 3 | |
| Cash provided by (used in) financing activities | −344 | −4,790 | −662 | 485 | −894 | |
| Effect of exchange rate changes on cash | 28 | −107 | 4 | −21 | −29 | |
| Change in cash, cash equivalents and restricted cash | 290 | 221 | 152 | −21 | −802 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BALL Corp's CIK number?
BALL Corp's SEC CIK number is 0000009389 (9389). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BALL Corp's SEC filings?
All of BALL Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BALL Corp last report earnings?
BALL Corp (BALL) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000009389-26-000107). This is BALL Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is BALL Corp's most recent earnings 8-K?
BALL Corp's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0000009389-26-000107. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BALL Corp's latest earnings 8-K →
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