BALL · NYSE · Packaging & Containers

Ball (BALL)

Aluminum packaging maker focused on beverage cans and adjacent personal-care containers.

$60.42
vs last close+0.71 (+1.19%)
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Ball CorporationBALL
Materials

Ball sells aluminum packaging for beverage, personal care, and household-products customers. After selling Ball Aerospace, it reports mainly through regional beverage-packaging segments and depends on long customer contracts, plant capacity, and demand from drink fillers.

Ball makes aluminum packaging for beverage, personal care, and household-products customers, with its reportable business organized around beverage packaging in North and Central America, EMEA, and South America. The company is post-aerospace: after selling Ball Aerospace, its profile narrowed around regional can manufacturing, targeted packaging acquisitions, and non-reportable personal and household packaging activities.

North and Central America is the largest region, while EMEA and South America give the company a broad international footprint. Ball executes through manufacturing scale, multi-year supply contracts with drink fillers, capacity additions, and an operating model tied to the Ball Business System and EVA discipline. The business depends on beverage-filler demand, aluminum-container production, regional plant utilization, and regulatory remedies that can shape large packaging acquisitions.

Company facts

CEORonald J. Lewis
ListedJul 13, 1972
ExchangeNYSE
HeadquartersWestminster, CO
CountryUnited States
Employees16,000
CIK0000009389
ISINUS0584981064

Market cap$15.90B
EPS (ttm)$3.51
P/E (ttm)17.01
ROE17.0%
P/B2.77
P/S1.11
Dividend yieldDiv yield1.34%
Beta0.19vs XLB 0.87

Price target$75.00+25.6%Average of 23 analysts
ConsensusBuy17 of 23 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 18, 2026JP MorganUpgrade
Rating: Neutral
Rating: Overweight
Aug 5, 2026Truist FinancialTarget
Target: $75
Target: $78
Aug 5, 2026Mizuho SecuritiesTarget
Target: $70
Target: $72
Aug 5, 2026CitigroupDowngrade
Rating: Buy
Rating: Reduce
Aug 5, 2026JP MorganDowngrade
Rating: Overweight
Rating: Neutral

Next report
Nov 3, 26
in 42 days
EPS estimate
$1.05
Revenue estimate
$3.77B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.84$0.76$0.90$1.02$0.91$0.94$1.03Pending
Estimate$0.81$0.70$0.87$1.02$0.90$0.85$0.99$1.05
Surprise+3.7%+8.9%+3.4%0.0%+1.1%+11.2%+4.1%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$2.88B$3.10B$3.34B$3.37B$3.35B$3.60B$4.00BPending
Estimate$2.97B$2.90B$3.21B$3.32B$3.11B$3.34B$3.69B$3.77B
Surprise−3.0%+7.0%+4.1%+1.6%+7.5%+7.8%+8.3%
Estimate$1.05
ReportedDue Nov 3, 2026
Estimate$3.77B
ReportedDue Nov 3, 2026
View details

Debt to equity125.70%
Current ratio106.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.08B$2.88B$3.10B$3.32B$3.37B$3.35B$3.60B$4.00B
Net income$197.0M−$32.0M$179.0M$212.0M$321.0M$199.0M$205.0M$221.0M
Net margin6.4%0.0%5.8%6.4%9.5%5.9%5.7%5.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$404.0M$166.0M$345.0M$178.0M$397.0M$339.0M$337.0M$512.0M
YoY growth+67.6%−59.3%+134.7%−40.9%−1.7%+104.2%−2.3%+187.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $491.0M · Total debt $7.22B · Total assets $20.11B · Shareholders' equity $5.75B

Revenue
$4.00B
Operating income
$512.0M
Net income
$221.0M
View details

Dividend yield
1.34%
Next ex-date
Dec 1, 26
estimated · in 70 days
Annual dividend
$0.80
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.20$0.20$0.20$0.20$0.20$0.20$0.20$0.20
Annual yield1.27%1.53%1.53%1.57%1.63%1.20%1.49%1.27%
Ex-dateDec 2Mar 3Jun 2Sep 2Dec 1Mar 2Jun 1Sep 1
Payment dateDec 16Mar 17Jun 16Sep 16Dec 15Mar 16Jun 15Sep 15
View details

Institutions89.02%235.64M shares
831 holders · as of Jun 30, 2026
Insiders0.18%483.4K shares
18 holders · as of Aug 26, 2026
Other10.80%28.58M shares
remainder

264.70M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.94%21.01Mas of Jun 30, 2026
T. Rowe Price Associates, Inc.Institution
6.77%17.93Mfiled Nov 14, 2025
Vanguard Capital Management LLCInstitution
6.58%17.42Mas of Jun 30, 2026
State Street CorpInstitution
5.07%13.42Mas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
4.65%12.31Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 25, 2026Mandy Glewofficer: SVP and President, EMEA−5,626$63.80
Aug 11, 2026Deron Goodwinofficer: VP, Global Head of Treasury−8,809$63.03
Mar 4, 2026Fauze Villatoroofficer: SVP & President South America+1,551$64.51
Mar 2, 2026Kathleen Pitreofficer: SVP & President NCA−10,660$66.63
Feb 5, 2026Nate C. Careyofficer: Vice President & Controller−10,718$66.45
View details

  • Crown

    Direct scale peer in global beverage cans and tinplate adjacencies

  • Ardagh Metal Packaging

    Pure-play metal beverage-can challenger in Europe and the Americas

  • Amcor

    PET and rigid-plastic alternative for beverage and personal-care packs

  • O-I Glass

    Glass-bottle substitute in beer, soft drinks, and premium beverages

  • Silgan

    Adjacent metal and closure supplier for food, beverage, and home care

  • Sonoco Products

    Metal-food, aerosol, and paper-packaging peer after Eviosys

Compare

CompanyPriceChange
Ball$60.42+1.19%$15.90B17.014.41.1+19.7%
Crown$110.15+1.31%$11.83B15.613.00.9+16.5%
Ardagh Metal Packaging$4.56+0.55%$2.71B87.515.70.5+17.7%
Amcor$42.94+1.87%$19.49B9.9+25.9%
O-I Glass$6.17+1.23%$935.8M5.60.1−2.2%
Silgan$37.51+1.13%$3.92B14.69.60.6+6.8%
Sonoco Products$50.07+1.66%$4.87B7.68.30.7−1.3%
Median15.19.70.6+11.6%