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Ball (BALL) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Consumer Cyclical•Packaging & Containers
B
GoodMetricSide Score: 61/100
ProfitabilityProfit20/30
GrowthGrowth25/25
Balance SheetBalance12/25
Cash QualityCash4/20
Price & Volume
Market Cap $16.85B

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It manufactures and sells extruded aluminum aerosol containers, recloseable aluminum bottles, aluminum cups, and aluminum slugs. The company was founded in 1880 and is headquartered in Westminster, Colorado.

Moat Signals

Competitive analysis based on 64 quarters of fundamental data

Pricing Power

Moderate Moat

Operating margins are positive at ~10.6% on average, but show some variability — pricing power may be sensitive to market conditions.

Competitive Advantage

Moderate Moat

ROE averages 32.3% but has fluctuated — the competitive advantage may be cyclical or emerging.

Cash Generation

Moderate Moat

6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.

Demand Durability

Moderate Moat

Revenue shows resilience with 5 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.

Risk Signals

Data-driven red flags and warnings across 64 quarters

Low Risk

Margin Pressure

Healthy

Margins are stable or improving at ~10.4% — no sign of cost or pricing stress.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Healthy

D/E ratio is 1.3 — conservative capital structure with low financial risk.

Revenue Decline

Healthy

Revenue is stable or growing over recent quarters — demand appears durable.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Share Dilution

Healthy

Shares decreased 14.1% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$13.67B
13.7%
Q. Revenue
$3.60B
TTM EBITDA
$2.05B
8.3%
TTM Op. Income
$1.42B
10.1%
Q. Op. Income
$337.00M
TTM Net Income
$941.00M
85.6%
Q. Net Income
$205.00M
EPS
$0.77
Shares Out.
$265.78M
6.2%
$13.67B in TTM revenue grew 13.7% YoY, reaching $3.60B last quarter. TTM EBITDA of $2.05B and TTM operating income of $1.42B shows growth is flowing through. Net income of $941.00M TTM confirms the company is converting revenue into profit. Revenue is growing at a healthy pace — a signal to hold.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
13.5%
7.8%
EBITDA Margin
13.8%
Op. Margin
9.4%
5.0%
Net Margin
5.7%
1.6%
Op. margin of 9.4% is down 0.5% YoY — costs are rising relative to revenue. Net margin at 5.7% and gross margin of 13.5% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
17.9x
P/S Ratio
1.2x
P/B Ratio
3.0x
At 17.9x P/E, the stock trades in line with market averages — fairly valued. P/S of 1.2x and P/B of 3.0x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$19.77B
Cash
$730.00M
Long-Term Debt
$7.02B
Book Value
$5.60B
D/E Ratio
1.3
Debt/EBITDA
14.2
With $19.77B in assets and $7.02B in long-term debt, the D/E of 1.3and book value of $5.60B — reflects moderate leverage — debt is manageable but worth monitoring.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-777.00M
Free Cash Flow
$-938.00M
25.7%
FCF Margin
-6.9%
FCF / Net Income
-4.6
FCF of $-938.00M on $-777.00M in operating cash flow. The FCF / Net Income ratio of -1.0x shows cash consumption — the business is not yet self-funding.

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