Ball Corporation
NYSE:BALL · New York Stock Exchange
-$0.47 today
Vol 1.86M · Avg 2.72M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:BALL · Revenue to Net Income
Key Ratios
Analysis
$13.6B of revenue converted into $937.0M of net income for the selected period. Gross margin is 15.6% and net margin is 6.9%, showing how much revenue survives after costs and taxes. EPS is $3.45, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.2B +11.6% | $11.8B -1.8% | $12.0B -21.4% | $15.3B +9.7% | $13.9B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $11.2B +12.5% | $10.0B -3.3% | $10.3B -23.9% | $13.5B +13.7% | $11.9B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $2.0B +6.4% | $1.8B +7.2% | $1.7B -2.2% | $1.8B -13.6% | $2.0B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 14.9% -0.7pp | 15.6% +1.3pp | 14.3% +2.8pp | 11.5% -3.1pp | 14.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 -100.0% | $55.0M +0.0% | $55.0M -1.8% | $56.0M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $566.0M -33.2% | $847.0M +59.2% | $532.0M -22.6% | $687.0M -7.7% | $744.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $566.0M -33.2% | $847.0M +56.9% | $540.0M -27.2% | $742.0M -7.2% | $800.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $622.0M +0.3% | $620.0M -9.6% | $686.0M +2.1% | $672.0M -4.0% | $700.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $2.1B +43.3% | $1.5B -17.1% | $1.8B -6.4% | $1.9B -4.8% | $2.0B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 15.9% +3.5pp | 12.4% -2.3pp | 14.6% +2.3pp | 12.3% -1.9pp | 14.2% | 5.6% | 46.3% | 42.0% |
| Operating Income | $1.4B +40.1% | $992.0M -15.6% | $1.2B +16.1% | $1.0B -17.8% | $1.2B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 10.6% +2.2pp | 8.4% -1.4pp | 9.8% +3.2pp | 6.6% -2.2pp | 8.8% | 16.6% | 24.1% | 22.0% |
| Interest Income | $30.0M -55.9% | $68.0M +88.9% | $36.0M +157.1% | $14.0M | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $314.0M +7.2% | $293.0M -36.3% | $460.0M +47.0% | $313.0M +15.9% | $270.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$235.0M +45.2% | -$429.0M +20.8% | -$542.0M -344.3% | -$122.0M +38.4% | -$198.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $1.2B +105.2% | $563.0M -11.2% | $634.0M -28.8% | $891.0M -13.8% | $1.0B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 8.8% +4.0pp | 4.8% -0.5pp | 5.3% -0.6pp | 5.8% -1.6pp | 7.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $240.0M +80.5% | $133.0M -8.9% | $146.0M -8.2% | $159.0M +1.9% | $156.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $912.0M -77.2% | $4.0B +466.9% | $707.0M -1.7% | $719.0M -18.1% | $878.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.9% -27.0pp | 34.0% +28.1pp | 5.9% +1.2pp | 4.7% -1.6pp | 6.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $3 -74.6% | $13 +483.1% | $2 -0.9% | $2 -15.6% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $3 -74.6% | $13 +483.0% | $2 -0.9% | $2 -15.1% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $274.3M -10.2% | $305.5M -3.0% | $314.8M -0.5% | $316.4M -2.9% | $326.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $276.0M -10.5% | $308.2M -2.8% | $317.0M -0.9% | $320.0M -3.5% | $331.6M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Hyatt Hotels Corporation
NYSE:H
$19.20B

SharkNinja, Inc.
NYSE:SN
$18.90B

Amcor plc
NYSE:AMCR
$18.85B

Deckers Outdoor Corporation
NYSE:DECK
$14.68B

Toll Brothers, Inc.
NYSE:TOL
$13.99B

H World Group Limited
NASDAQ:HTHT
$13.40B

Crown Holdings, Inc.
NYSE:CCK
$11.39B

Wynn Resorts, Limited
NASDAQ:WYNN
$10.62B

Domino's Pizza, Inc.
NASDAQ:DPZ
$10.46B

Service Corporation International
NYSE:SCI
$10.01B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does BALL generate?
Ball Corporation (BALL) reported $13.16B of revenue in fiscal 2025.
Is BALL profitable?
Ball Corporation (BALL) reported $912.00M of net income, with a net margin of 6.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.