Ball revenue and financials
$57.43Change from previous close: +0.56%Absolute change: +$0.32
In the fiscal year ended December 2025, Ball reported revenue of $13.16B (+11.58% year over year). Net income was $915M, a net margin of 7.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +11.58%
- 2025 vs 2024
- Net income growth
- −77.20%
- 2025 vs 2024
- Net margin
- 7.0%
- 2024: 34.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 608 | -777 | 1,211 | 384 | -665 | 500 | 610 | 252 | -1,247 | 736 | 766 | 636 |
| Depreciation and amortization | 165 | 159 | 159 | 158 | 150 | 151 | 150 | 152 | 158 | 156 | 152 | 150 |
| Capital expenditure | -141 | -161 | -170 | -127 | -81.0 | -107 | -117 | -106 | -154 | -215 | -222 | -265 |
| Investing cash flow | -131 | -306 | -82.0 | -183 | -207 | -178 | -23.0 | -88.0 | 5,292 | -227 | -222 | -268 |
| Financing cash flow | -731 | 605 | -484 | 52.0 | 396 | -792 | -502 | -518 | -2,978 | -1,152 | -154 | -5.0 |
| Dividends paid | -53.0 | -54.0 | -54.0 | -54.0 | -57.0 | -59.0 | -60.0 | -62.0 | -63.0 | -63.0 | -63.0 | -63.0 |
| Share repurchases | -114 | -1.0 | -215 | -84.0 | -555 | -651 | -396 | -483 | -182 | — | — | — |
| Debt issued | 425 | 1,080 | 2,301 | 1,452 | 1,350 | 149 | -48.0 | 22.0 | 527 | 351 | — | 999 |
| Debt repaid | -996 | -430 | -2,499 | -1,256 | -343 | -230 | -1.0 | -1.0 | -3,277 | -1,443 | -104 | -943 |
| Effect of exchange rates | 6.0 | 6.0 | -3.0 | 8.0 | 12.0 | -43.0 | 11.0 | -23.0 | -52.0 | 4.0 | -9.0 | 11.0 |
| Net change in cash | -248 | -472 | 642 | 261 | -464 | -513 | 96.0 | -377 | 1,015 | -639 | 381 | 374 |
| Free cash flow | 467 | -938 | 1,041 | 257 | -746 | 393 | 493 | 146 | -1,401 | 521 | 544 | 371 |
| Levered free cash flow | 297 | -1,127 | 1,030 | 180 | -647 | 275 | 528 | 105 | -571 | 498 | 406 | 237 |