Ball Corporation (BALL) Financial Statements
Ball financial statements at a glance
Ball reported revenue of $13.16 billion for fiscal year 2025 (ended December 31, 2025), up 11.6% from fiscal year 2024. Net income was $912.00 million, a net margin of 6.9%, and diluted earnings per share were $3.30.
At the end of fiscal year 2025 it had total assets of $19.52 billion, total liabilities of $14.10 billion and shareholders' equity of $5.42 billion, with cash and short-term investments of $1.21 billion and total debt of $7.01 billion.
Its operations brought in $1.26 billion of cash; capital spending was $474.00 million, leaving free cash flow of $788.00 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Ball Corporation
Income Statement
Annual • USD
Ball key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $13.2B | $11.8B | $12.1B | $13.4B | $13.8B |
| Gross profit | $2.6B | $2.4B | $2.3B | $2.3B | $2.7B |
| Operating income | $1.4B | $1.2B | $1.2B | $1.1B | $1.4B |
| Net income | $912.0M | $4.0B | $707.0M | $719.0M | $878.0M |
| Diluted EPS | $3.30 | $13.00 | $2.23 | $2.25 | $2.65 |
| Total assets | $19.5B | $17.6B | $19.3B | $19.9B | $19.7B |
| Total liabilities | $14.1B | $11.7B | $15.5B | $16.4B | $16.0B |
| Shareholders' equity | $5.4B | $5.9B | $3.8B | $3.5B | $3.6B |
| Cash and short-term investments | $1.2B | $885.0M | $695.0M | $548.0M | $563.0M |
| Total debt | $7.0B | $5.7B | $8.6B | $8.9B | $8.2B |
| Operating cash flow | $1.3B | $115.0M | $1.9B | $301.0M | $1.8B |
| Capital spending | $474.0M | $484.0M | $1.0B | $1.7B | $1.7B |
| Free cash flow | $788.0M | -$369.0M | $818.0M | -$1.4B | $34.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Ball's revenue in fiscal year 2025?
$13.16 billion, up 11.6% from $11.80 billion in fiscal year 2024.
How much profit does Ball make?
Ball reported net income of $912.00 million for fiscal year 2025 (6.9% of revenue); operating income was $1.39 billion.
How much cash and debt does Ball have?
At the end of fiscal year 2025: cash and short-term investments of $1.21 billion and total debt of $7.01 billion.
What is Ball's free cash flow?
$788.00 million in fiscal year 2025 (operating cash flow of $1.26 billion minus capital spending of $474.00 million).
