Ball makes aluminium beverage cans and related packaging for soft drink, beer and other beverage producers, with plants in the Americas, Europe and other regions. It also has an aerospace business that builds spacecraft and instruments, although it has been reshaping this part of the group. Revenue comes mainly from supplying cans under contracts with large customers, and aluminium prices and beverage demand influence results.
Trailing twelve-month revenue stands at $14.3 billion, while revenue fell by 0.5% a year over the past three years. Return on invested capital is 9%, alongside an operating margin of 10.4%. Net debt is 3.1 times EBITDA. The company pays a dividend, and the yield is 1.3%. On the X-Ray Score, it is rated 50 out of 100. The figures are a snapshot of reported results rather than a forecast.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $44.21 – $67.62Volume 2,952,900Daily, split-adjusted
Vitals
Market cap$16.9B
52-week range$44.21 – $67.62
Volume (last day)2,952,900
P/E (TTM)18.0
EBIT / EV yield6.3%
Free-cash-flow yield4.9%
Dividend yield1.3%
Revenue (TTM)$14.3B
Net income (TTM)$949M
Operating margin10.4%
Return on capital9.4%
Debt incl. leases$7.2B
Cash & securities$491M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$78model spread $72 – $84
Fair+22.8% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $63
Undervalued < $54Fair $54 – $101Overvalued > $101
10-year DCF (market-scaled)
$50
Peer multiples
$78
Earnings power floor (not blended)
$24
Fundamentals-adjusted multiple
$104
Growth the price implies
12.7%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Materials peers. Open a lens to see the numbers behind it.
ValuationFair
68/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield6.3%
Free-cash-flow yield4.9%
Fair value vs price1.2×
GrowthFair
59/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)-0.5%
EPS growth (3y)13.6%
Growth consistency60%
ProfitabilityWeak
43/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital9.4%
Operating margin10.4%
Financial healthWeak
42/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA3.1×
Interest cover4.6×
DividendsWeak
33/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.3%
Dividends vs free cash flow26%
Dividend growth-4.7%
Quarterly results: last 6 quarters
+7.8%Mar '25
+12.8%Jun '25
+9.6%Sep '25
+16.2%Dec '25
+16.3%Mar '26
+19.7%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.0B, diluted EPS $0.83.
Fundamentals checklist
● 4 Good · ● 6 Average · ● 4 Bad
Cash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 46/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$13.8B
$13.4B
$12.1B
$11.8B
$13.2B
Operating income
$1.3B
$1.2B
$1.3B
$828M
$1.4B
Net income
$878M
$732M
$711M
$4.0B
$915M
Operating cash flow
$1.8B
$301M
$1.9B
$115M
$1.3B
Operating margin
9.3%
9.1%
10.6%
7.0%
11.0%
Free cash flow
$34M
−$1.4B
$818M
−$369M
$788M
Diluted EPS
$2.65
$2.25
$2.23
$13.00
$3.30
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
10 bullish · 1 neutral · 1 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
SMA 10
59.40
Bullish
EMA 10
60.11
Bullish
SMA 20
58.44
Bullish
EMA 20
59.53
Bullish
SMA 50
60.62
Bullish
EMA 50
60.04
Bullish
SMA 100
60.26
Bullish
EMA 100
60.10
Bullish
SMA 200
60.09
Bullish
EMA 200
59.03
Bullish
Oscillators (daily)
RSI (14)
71.10
Bearish
MACD (12, 26)
0.27
Bullish
Momentum (12)
12.80
Bullish
Stochastic %K (14)
87.27
Bearish
Williams %R (14)
-12.73
Bearish
CCI (20)
200.9
Bearish
Pivot points (classic, last session)
S3
60.79
S2
61.75
S1
62.47
Pivot
63.43
R1
64.15
R2
65.11
R3
65.83
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.80 USD
Yield on today's price
1.27%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
1 Sep 2026
0.2000
1 Jun 2026
0.2000
2 Mar 2026
0.2000
1 Dec 2025
0.2000
2 Sep 2025
0.2000
2 Jun 2025
0.2000
3 Mar 2025
0.2000
2 Dec 2024
0.2000
3 Sep 2024
0.2000
3 Jun 2024
0.2000
29 Feb 2024
0.2000
30 Nov 2023
0.2000
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.