BALL financial statements
The full income statement, balance sheet, and cash-flow statement for Ball Corporation (BALL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 13.2B+11.6% | 11.8B-2.2% | 12.1B-9.8% | 13.4B-3.2% | 13.8B+17.2% | |
| Research & development | — | — | 55.0M+0.0% | 55.0M-1.8% | 56.0M+19.1% | |
| Selling, general & administrative | 566M-12.5% | 647M+21.6% | 532M-4.1% | 555M-6.4% | 593M+13.0% | |
| Amortization of intangibles | 148M-2.0% | 151M+0.0% | 151M-3.8% | 157M-12.8% | 180M+0.0% | |
| Operating income | — | — | 1.27B+4.9% | 1.21B-6.0% | 1.29B+28.7% | |
| Interest expense | 333M+12.5% | 296M-35.7% | 460M+39.0% | 331M+17.0% | 283M-10.4% | |
| Interest & investment income | 30.0M-55.9% | 68.0M+88.9% | 36.0M+157.1% | 14.0M | — | |
| Equity-method income | 27.0M-3.6% | 28.0M+40.0% | 20.0M+185.7% | 7.00M-73.1% | 26.0M+533.3% | |
| Pre-tax income | 1.13B+110.8% | 535M-12.9% | 614M-13.9% | 713M-29.3% | 1.01B+46.7% | |
| Income tax | 240M+80.5% | 133M-8.9% | 146M+5.8% | 138M-11.5% | 156M+57.6% | |
| 915M-77.2% | 4.01B+464.6% | 711M-2.9% | 732M-16.6% | 878M+50.9% | ||
| Income from continuing operations | 915M+112.8% | 430M-11.9% | 488M-16.2% | 582M | — | |
| Discontinued operations | — | 3.58B+1507.2% | 223M+48.7% | 150M | — | |
| Net income to non-controlling interest | 3.00M-50.0% | 6.00M+50.0% | 4.00M-69.2% | 13.0M | — | |
| Net income to common | 912M-77.2% | 4.01B+466.9% | 707M-1.7% | 719M-18.1% | 878M+50.1% | |
| $3.30-74.6% | $13.00+483.0% | $2.23-0.9% | $2.25-15.1% | $2.65+50.6% | ||
| EPS (basic) | $3.33-74.6% | $13.12+483.1% | $2.25-0.9% | $2.27-15.6% | $2.69+50.3% | |
| Weighted-avg shares (basic) | 274M-10.2% | 305M-3.0% | 315M-0.5% | 316M-2.9% | 326M-0.1% | |
| Weighted-avg shares (diluted) | 276M-10.5% | 308M-2.8% | 317M-0.9% | 320M-3.5% | 332M-0.4% | |
| Dividends per share | $0.80+0.0% | $0.80+0.0% | $0.80+0.0% | $0.80+14.3% | $0.70+16.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.11B+26.3% | 4.84B-0.9% | 4.88B-11.0% | 5.49B+5.1% | 5.22B+11.7% | ||
| Cash & equivalents | 1.21B+36.9% | 885M+27.3% | 695M+26.8% | 548M-2.7% | 563M-58.8% | |
| Accounts receivable | 2.06B+18.5% | 1.74B+4.0% | 1.67B-20.7% | 2.11B+4.2% | 2.02B+50.4% | |
| Inventory | 2.01B+36.3% | 1.48B-3.5% | 1.53B-29.7% | 2.18B+21.4% | 1.79B+32.7% | |
| Other current assets | 265M+56.8% | 169M-26.8% | 231M+37.5% | 168M-44.9% | 305M+39.9% | |
| 19.5B+10.8% | 17.6B-8.7% | 19.3B-3.0% | 19.9B+1.0% | 19.7B+8.0% | ||
| Operating lease right-of-use | 355M+6.3% | 334M-8.5% | 365M-15.9% | 434M+3.3% | 420M+39.1% | |
| Goodwill | 4.38B+5.0% | 4.17B-1.8% | 4.25B+1.3% | 4.20B-4.2% | 4.38B-2.4% | |
| Intangible assets | 982M-9.1% | 1.08B-13.5% | 1.25B-11.9% | 1.42B-16.1% | 1.69B-10.4% | |
| Deferred tax assets | 64.0M+1.6% | 63.0M-44.7% | 114M+56.2% | 73.0M-42.1% | 126M-44.5% | |
| Other non-current assets | 1.39B+2.3% | 1.36B+0.6% | 1.35B-21.0% | 1.72B-10.8% | 1.92B+3.4% | |
| 5.49B+13.2% | 4.85B-21.6% | 6.18B-11.7% | 7.01B+17.7% | 5.95B+34.0% | ||
| Accounts payable | 4.45B+30.3% | 3.42B-6.6% | 3.66B-16.5% | 4.38B-7.9% | 4.76B+38.7% | |
| Deferred revenue | 74.0M+48.0% | 50.0M-56.1% | 114M+132.7% | 49.0M-82.0% | 272M+151.9% | |
| Short-term & current debt | 2.00M-99.0% | 191M-77.7% | 856M-39.2% | 1.41B+9286.7% | 15.0M-11.8% | |
| Current lease liability | 78.0M-1.3% | 79.0M-4.8% | 83.0M-8.8% | 91.0M+13.8% | 80.0M+27.0% | |
| Other current liabilities | 711M-1.9% | 725M-6.9% | 779M-20.6% | 981M+18.2% | 830M+27.7% | |
| Finance lease liability (current) | 2.00M-91.7% | 24.0M+700.0% | 3.00M+50.0% | 2.00M+0.0% | 2.00M+0.0% | |
| 14.1B+20.6% | 11.7B-24.4% | 15.5B-5.6% | 16.4B+2.2% | 16.0B+7.5% | ||
| Long-term debt | 6.99B+31.6% | 5.31B-29.2% | 7.50B-0.5% | 7.54B-2.4% | 7.72B-0.8% | |
| Deferred revenue (non-current) | 2.00M+0.0% | 2.00M-33.3% | 3.00M+50.0% | 2.00M-94.7% | 38.0M+31.0% | |
| Non-current lease liability | 283M+6.8% | 265M-7.7% | 287M-17.8% | 349M+2.6% | 340M+46.6% | |
| Operating lease liability (total) | — | — | 449M+2.0% | 440M+4.8% | 420M+42.4% | |
| Finance lease liability (total) | 8.00M+14.3% | 7.00M-30.0% | 10.0M-16.7% | 12.0M-14.3% | 14.0M+16.7% | |
| Finance lease liability | 6.00M+20.0% | 5.00M-28.6% | 7.00M-30.0% | 10.0M-16.7% | 12.0M+20.0% | |
| Deferred tax liabilities | 655M+10.3% | 594M+41.1% | 421M-22.0% | 540M-18.8% | 665M+4.9% | |
| Other non-current liabilities | 471M+28.0% | 368M-4.2% | 384M-14.1% | 447M-7.6% | 484M+9.8% | |
| 5.42B-7.5% | 5.86B+55.5% | 3.77B+8.9% | 3.46B-4.6% | 3.63B+10.7% | ||
| Common stock | 1.42B+1.9% | 1.40B+6.3% | 1.31B+4.1% | 1.26B+3.3% | 1.22B+4.5% | |
| Retained earnings | 12.2B+6.0% | 11.5B+48.5% | 7.76B+6.2% | 7.31B+6.8% | 6.84B+10.5% | |
| Treasury stock | 7.35B+21.4% | 6.06B+38.0% | 4.39B-0.9% | 4.43B+14.9% | 3.85B+23.1% | |
| Accumulated other comprehensive income | -869M+13.4% | -1.00B-9.5% | -916M-34.9% | -679M-16.7% | -582M+39.0% | |
| Non-controlling interest | — | 68.0M+0.0% | 68.0M+3.0% | 66.0M+13.8% | 58.0M-6.5% | |
| Total equity incl. non-controlling | 5.42B-8.6% | 5.93B+54.5% | 3.84B+8.8% | 3.53B-4.3% | 3.69B+10.4% | |
| Total liabilities & equity | 19.5B+10.8% | 17.6B-8.7% | 19.3B-3.0% | 19.9B+1.0% | 19.7B+8.0% | |
| Common shares issued | 685M+0.1% | 684M+0.1% | 683M+0.2% | 682M+0.2% | 681M+0.2% | |
| Shares outstanding (cover) | 266M-5.9% | 283M-10.4% | 316M+0.4% | 314M | 0.00-100.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.26B+997.4% | 115M-93.8% | 1.86B+518.9% | 301M-82.9% | 1.76B+22.9% | ||
| Depreciation & amortization | 622M+1.8% | 611M+1.0% | 605M+1.9% | 594M-15.1% | 700M+4.8% | |
| Intangible amortization | 148M-2.0% | 151M+0.0% | 151M-3.8% | 157M-12.8% | 180M+0.0% | |
| Deferred income taxes | 60.0M-58.0% | 143M+313.4% | -67.0M-3250.0% | -2.00M-105.7% | 35.0M+105.9% | |
| Change in inventory | 453M+1712.0% | 25.0M+104.0% | -626M-236.7% | 458M-1.3% | 464M+625.0% | |
| Change in payables | 730M+902.2% | -91.0M+82.2% | -510M-514.5% | -83.0M-106.3% | 1.31B+1887.9% | |
| Other operating activities | -123M-191.1% | 135M+117.7% | 62.0M+150.0% | -124M-222.8% | 101M+1022.2% | |
| -656M-113.1% | 5.00B+575.1% | -1.05B-34.0% | -786M+52.0% | -1.64B-38.8% | ||
| Capital expenditure | 474M-2.1% | 484M-53.7% | 1.04B-36.7% | 1.65B-4.3% | 1.73B+55.1% | |
| Free cash flow | 788M+313.6% | -369M-145.1% | 818M+160.6% | -1.35B-4070.6% | 34.0M-89.3% | |
| Acquisitions | 159M+114.9% | 74.0M | 0.00 | 0.00 | 0.00-100.0% | |
| Purchases of investments | 99.0M | — | — | — | — | |
| Other investing activities | -44.0M-4300.0% | -1.00M-105.0% | 20.0M+118.9% | -106M-524.0% | 25.0M+238.9% | |
| -344M+92.8% | -4.79B-623.6% | -662M-236.5% | 485M+154.3% | -894M-48.5% | ||
| Long-term debt issued | 6.68B+928.2% | 650M-68.3% | 2.05B-57.7% | 4.85B+470.7% | 850M-66.7% | |
| Long-term debt repaid | 5.30B+52.2% | 3.48B+52.6% | 2.28B-41.3% | 3.88B+417.9% | 750M-73.2% | |
| Net short-term debt | -158M-444.8% | -29.0M+86.2% | -210M-153.3% | 394M+19800.0% | -2.00M+90.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00+100.0% | |
| Common stock repurchased | 1.32B-22.8% | 1.71B+56966.7% | 3.00M-99.5% | 618M-19.3% | 766M+1243.9% | |
| Dividends paid | 220M-9.8% | 244M-3.2% | 252M-0.8% | 254M+10.9% | 229M+15.7% | |
| Other financing activities | -31.0M-224.0% | 25.0M-24.2% | 33.0M+925.0% | -4.00M-233.3% | 3.00M+103.5% | |
| FX effect on cash | — | — | — | — | -29.0M+60.8% | |
| Net change in cash | 290M+31.2% | 221M+45.4% | 152M+823.8% | -21.0M+97.4% | -802M-88.7% | |
| Interest paid | 317M-5.7% | 336M-11.1% | 378M+21.2% | 312M+13.0% | 276M-10.4% | |
| Income taxes paid | 374M-59.4% | 922M+415.1% | 179M+25.2% | 143M+5.1% | 136M-13.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 14.1B-9.6% | 15.6B-14.0% | 18.1B+13.0% | 16.1B | — | |
| P/E | 15.4×+296.5% | 3.9×-86.9% | 29.6×+79.3% | 16.5×-54.6% | 36.3×-30.8% | |
| P/S | 1.1×-19.0% | 1.3×-21.8% | 1.7×+52.7% | 1.1× | — | |
| P/B | 2.6×-2.3% | 2.7×-42.2% | 4.6×-0.2% | 4.6× | — | |
| P/FCF | 17.9× | — | 41.9× | — | — | |
| Earnings yield | 6.5%-74.8% | 25.7%+661.7% | 3.4%-44.2% | 6.1%+120.2% | 2.8%+44.5% | |
| FCF yield | 5.6% | — | 2.4% | — | — | |
| Dividend yield | 1.5%+4.1% | 1.5%+4.3% | 1.4%-11.1% | 1.6%+115.1% | 0.73%+12.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BALL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BALL filings on SEC EDGAR → Not investment advice.
