Is the business good?
How good a business is BALL?
Ball Corporation keeps 6.6% of every revenue dollar as profit after everything, against 3.7% for the median Packaging & Containers name.
6.6%
Net margin · Packaging & Containers median 3.7% · 12 months to Q2 2026
- Cash conversion
- 0.87×
Cash conversion · 0.67× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −3.8%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 19%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 8.5% |
| FY2021 | 9.3% |
| FY2022 | 9.1% |
| FY2023 | 11% |
Details›
- Gross margin12 months to Q2 2026
- 19%
- Net margin12 months to Q2 2026
- 6.6%
- Free cash flow margin
- 5.8%
- Revenue, trailing twelve months
- $14.3B
- Free cash flow, trailing twelve months
- $827M
- Net income, trailing twelve months
- $949M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Packaging & Containers
Ranks #10 of 15 by Smart Score