Ball Corporation (BALL)

NYSE: BALL · USD

$63.1

-1.00 (-1.6%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-12

Our latest published analysis: BALL rated Buy

Ball Corporation's published Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$66.7 / share

Potential value

$73.9 / share

Upside to FV

+12.5%

from $63.1

Moat

7/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$15.8B
Revenue (ttm)	14.3B
Net income (ttm)	947M
EPS (ttm)	$3.51
Shares out	264.7M
P/E (trailing)	18.0x
P/E (forward)	13.2x
Dividend	$0.80 (1.28%)
Volume	1,723,894
Beta	0.96

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 14.3B
Net income (ttm): 947M
EPS (ttm): $3.51
P/E (trailing): 18.0x
P/E (forward): 13.2x
Market cap: $15.8B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$13.93B	$15.35B	$14.03B	$11.80B	$13.16B	-1.4%
Gross profit	$2.03B	$453.0M	$487.0M	$480.0M	$1.96B	-0.9%
Operating income	$1.29B	$1.21B	$1.27B	$839.0M	$1.47B	+3.3%
Net income	$878.0M	$719.0M	$707.0M	$4.01B	$912.0M	+1.0%
EPS (diluted)	$2.65	$2.25	$2.23	$13.00	$3.30	+5.6%
EBITDA	$1.98B	$1.88B	$1.96B	$1.46B	$2.09B	+1.4%
R&D	$56.0M	$55.0M	$55.0M	—	—	-0.9%
SG&A	$593.0M	$555.0M	$532.0M	$647.0M	$566.0M	-1.2%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	매도
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	매도
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	적극 매수
ALB	Albemarle Corporation	11.4B	198.9x	1.9x	4.1%	+12.8%	+1.9%	보유
APD	Air Products and Chemicals, Inc.	68.3B	—	5.4x	8.9%	+5.2%	+23.1%	보유
AVY	Avery Dennison Corporation	13.7B	19.8x	1.5x	15.1%	+3.3%	+1.6%	보유

Base and Bull scenarios

Base60%

Price target

$66.71

+12.5% from spot

The base case represents our modal expected path, underpinned by stable volume growth across core beverage packaging segments tracking management guidance corridors. Facility start-up expenses concentrate in the current fiscal year before running off as new manufacturing lines achieve normalized commercial throughput. Contractual metal pass-through clauses protect operating margins, while free cash flow supports targeted capital returns, yielding a Base target of $66.71 (Fair value $66.71) with an implied return of 12.5% from $59.32.

Packaging volume growth tracking within guided long-term corridors
Start-up costs moderating as new facility achieves commercial run-rates
Contractual cost pass-through terms preserving regional dollar margins
Disciplined share repurchases executed from operating cash flows

Bull20%

Price target

$73.85

+24.5% from spot

The bull case envisions accelerating global substrate substitution from single-use plastics to infinitely recyclable aluminum cans, expanding addressable packaging volumes above long-term historical corridors. Strong demand in energy drinks and craft beverages drives favorable specialty container mix, lifting operating profitability toward upper historical boundaries. Seamless commercialization of new manufacturing capacity eliminates start-up friction, expanding free cash flow and funding accelerated share repurchases that drive the shares toward $73.85 (Potential value $73.85), representing 24.5% upside from $59.32.

Substrate conversion accelerating across major beverage categories
Specialty can penetration expanding operating margins toward upper historical bounds
Commissioning expenses resolving cleanly without operational delays
Elevated free cash flow funding expanded equity retirement

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($66.71). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.5%	2.0%	2.5%	3.0%	3.5%
8.4%	$68.7	$70.9	$73.5	$76.5	$80.2
8.9%	$65.8	$67.7	$69.9	$72.4	$75.4
9.4%	$63.3	$64.9	$66.7	$68.8	$71.3
9.9%	$61.0	$62.4	$64.0	$65.7	$67.8
10.4%	$58.9	$60.1	$61.5	$63.0	$64.8

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E13.2

P25 n/aP50 n/aP75 n/a

Trailing P/E16.7

P25 n/aP50 n/aP75 n/a

ROE17.2

P25 n/aP50 n/aP75 n/a

ROIC8.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BALL indicators

Market & fundamental data

Available fields

281

Groups with data

Currency

USD

Showing 281 of 281 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000009389
Company name	Ball Corporation
Country	United States
Country code	US
CUSIP number	058498106
Earnings date	2026-11-03
Earnings time	bmo
Employees	16,000
Employees change	-5,000
Employees growth	-23.81%
Enterprise value	$23.8B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1880
In index	SP500
Industry	Packaging & Containers
Is primary listing	Yes
Is SPAC	No
ISIN number	US0584981064
Last 10-K release date	2026-02-19
Last earnings date	2026-08-04
Last refreshed	2026-10-28
Last stock split date	2017-05-17
Last stock split type	Forward
Market cap	$16.7B
Market cap category	Large-Cap
Next earnings date	2026-11-03
Options	Yes
Price	$63.10
Price currency	USD
Sector	Consumer Discretionary
SIC code	3411
Stock price date	2026-10-28
Symbol	BALL
U.S. state	Colorado
Website	https://www.ball.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	16.18x
Average P/E ratio (10Y)	31.95x
Average P/E ratio (3Y)	16.44x
Average P/E ratio (5Y)	21.19x
Earnings yield	5.56%
EV/Earnings	24.98x
EV/EBIT	16.49x
EV/EBITDA	11.4x
EV/FCF	28.61x
EV/Sales	1.65x
FCF / EV yield	3.5%
FCF yield	4.99%
Forward EV/Sales	1.54x
Forward P/E	15.26x
Forward P/S	1.08x
Graham number	41.40876
Graham upside	-33.87%
Industry forward P/E	14.18x
Industry P/E	45.82x
Lynch fair value	$17.55
Lynch upside	-71.98%
P/B ratio	2.95x
P/E ratio	17.98x
P/FCF ratio	20.04x
P/OCF ratio	11.62x
P/S ratio	1.16x
PEG ratio	1.23x
Price / tangible book value	37.59x
Price/EBITDA ratio	7.98x
Sector forward P/E	24.43x
Sector P/E	30.53x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	10.02%
EBITDA margin	14.49%
Effective tax rate	21.08%
FCF margin	5.77%
Gross margin	18.63%
Operating margin	10.02%
Pretax margin	8.38%
Profit margin	6.61%
Profit per employee	$59,188
Profitable quarters	6
Profitable years	24
Revenue per employee	$895,375
ROA	4.63%
ROA (5Y)	4.12%
ROCE	10.33%
ROE	17.15%
ROE (5Y)	15.87%
ROIC	8.74%
ROIC (5Y)	8.77%
Tax / revenue	1.77%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	84.3%
EPS growth (Q)	9.21%
EPS growth (QoQ)	7.79%
EPS growth 10Y	13.62%
EPS growth 3Y	11.65%
EPS growth 5Y	6.12%
EPS growth quarters	5
EPS growth years	0
FCF growth	119.95%
FCF growth 5Y	15.12%
Gross profit growth	6.76%
Gross profit growth (Q)	7.56%
Gross profit growth 3Y	5.02%
Gross profit growth 5Y	0.16%
Net income growth	70.32%
Net income growth (Q)	4.25%
Net income growth (QoQ)	7.8%
Net income growth 3Y	5.92%
Net income growth 5Y	1.71%
Net income growth quarters	5
Net income growth years	0
OCF growth	83.53%
OCF growth 10Y	5.54%
OCF growth 3Y	10.39%
OCF growth 5Y	-4.89%
Operating income growth	7.33%
Operating income growth (Q)	3.65%
Operating income growth 3Y	8.2%
Operating income growth 5Y	0.89%
Revenue growth	15.56%
Revenue growth (Q)	19.74%
Revenue growth (QoQ)	10.94%
Revenue growth 10Y	6.42%
Revenue growth 3Y	1.88%
Revenue growth 5Y	2.31%
Revenue growth quarters	6
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-599M
Depreciation and amortization	$641M
EBIT	$1.4B
EBITDA	$2.1B
EPS	$3.51
FCF per share	$3.12
Financing cash flow	$-558M
Free cash flow	$827M
Gross profit	$2.7B
Income taxes	$253M
Investing cash flow	$-702M
Net borrowing	$77M
Net cash flow	$183M
Net income	$947M
Operating income	$1.4B
Revenue	$14.3B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.47
Book value per share	$21.72
Debt / EBITDA	3.47
Debt / equity	1.31
Debt / FCF	9.17
Goodwill	$4.4B
Interest coverage	4.48
Long-term assets	$13.5B
Long-term liabilities	$8.1B
Net cash (debt)	$-7.1B
Net cash / market cap	-42.73%
Net debt / EBITDA	3.41
Net debt / equity	1.23
Net debt / FCF	8.56
Piotroski F-Score	6
Property, plant and equipment	$7.1B
Shareholders' equity	$5.8B
Tangible book value	$441M
Tangible book value per share	$1.67
Total assets	$20.1B
Total cash	$500M
Total debt	$7.6B
Total liabilities	$14.3B
WACC	7.58%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.74
Current assets	$6.7B
Current liabilities	$6.2B
Current ratio	1.07
Inventory turnover	5.49
Net working capital	$705M
Quick ratio	0.6
Working capital	$430M
Working capital turnover	67.74

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	7.77%
Dividend growth	0%
Dividend growth (10Y)	11.9%
Dividend growth (3Y)	0%
Dividend growth (5Y)	4.24%
Dividend growth years	0
Dividend payment date	2026-09-15
Dividend payment years	54
Dividend payout frequency	Quarterly
Dividend per share	$0.80
Dividend yield	1.28%
Ex-dividend date	2026-09-01
FCF payout ratio	25.61%
Last dividend	$0.20
Payout ratio	22.8%
Shareholder yield	9.05%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	61.05%
10Y return CAGR	6.03%
10Y total return	79.58%
150-day SMA	$60.46
15Y price change	253.21%
15Y return CAGR	9.9%
15Y total return	311.79%
1D price change	-1.56%
1M price change	11.03%
1M total return	11.03%
1W price change	-1.64%
1W total return	-1.64%
1Y price change	26.58%
1Y return CAGR	28.37%
1Y total return	28.35%
20-day SMA	$61.06
200-day SMA	$60.81
20Y price change	511.73%
20Y return CAGR	10.55%
20Y total return	643.62%
3M price change	-2.43%
3M total return	-2.12%
3Y price change	34.08%
3Y return CAGR	11.8%
3Y total return	39.74%
50-day SMA	$61.02
50-day SMA vs 200-day SMA	50over200
52-week high	$68.29
52-week high date	2026-02-11
52-week low	$44.83
52-week low date	2025-11-04
5Y price change	-31%
5Y return CAGR	-5.91%
5Y total return	-26.25%
6M price change	3.32%
6M total return	4.03%
All-time high	$102.76
All-time high date	2020-11-09
All-time low	$0.13
All-time low date	1973-12-28
Average true range (ATR)	$1.41
Average volume	2.3M
Beta (1Y)	-0.15
Beta (2Y)	0.36
Beta (5Y)	0.96
Change from 52-week high	-7.6%
Change from 52-week low	40.75%
Change from all-time high	-38.59%
Change from all-time low	50,380%
Change from open	-0.33%
Day's gap	-1.23%
Dollar volume	$108.8M
High price	$63.69
Low price	$62.35
Monthly RSI	53.74
Open price	$63.31
Position in 52-week range	55.97%
Premarket change	-0.86%
Premarket close	$64.10
Premarket price	$63.55
Premarket volume	6.9K
Previous close	$64.10
Price vs 150-day SMA	4.37%
Price vs 20-day SMA	3.34%
Price vs 200-day SMA	3.77%
Price vs 50-day SMA	3.41%
Relative volume	0.76
RSI	58.08
Sharpe ratio	0.93
Sharpe ratio (3Y)	0.53
Sharpe ratio (5Y)	-0.19
Sortino ratio	1.72
Sortino ratio (3Y)	1.02
Sortino ratio (5Y)	-0.08
Volume	1.7M
Weekly RSI	55.13
YTD price change	19.12%
YTD total return	20.3%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	263.7M
Float percentage	99.6%
Shares change (QoQ)	-0.1%
Shares change (YoY)	-7.77%
Shares held by insiders	0.29%
Shares held by institutions	89.21%
Shares outstanding	264.7M
Short % of float	3.02%
Short % of shares	3%
Short ratio	3.9 days

Deeper analysis on BALL

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this BALL report

What is the latest published BALL stock rating?

Ball Corporation is shown with Buy in the latest published report, analyzed 2026-10-12. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full BALL analysis?

The full latest published report, analyzed 2026-10-12, lives at /stocks/BALL/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for BALL?

The latest published report analyzed 2026-10-12 gives BALL a fair value of USD 67 and a potential value of USD 74. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the BALL page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-12). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

BuyBALL · Fair value $66.7+12.5%

Read full analysis →

Ball Corporation (BALL)

Our latest published analysis: BALL rated Buy

Price

Financial snapshot

Fair-value bridge

Latest news · BALL

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All BALL indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BALL

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	7.5
Management	8.5
Balance Sheet	5.0
Profitability	6.0
Revenue Growth	7.5
Risk Assessment	6.0
Competitive Moat	7.0
Earnings Quality	8.0
Capital Efficiency	5.5