Ball Corporation (BALL) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Packaging & Containers
EV/EBITDA
↓
10.52
↓-28% vs avg
5yr avg: 14.66
30Y Low5.9·High23.0
P/FCF
↓
19.50
↓-94% vs avg
5yr avg: 326.60
30Y Low7.6·High97.5
P/B Ratio
↓
2.94
↓-38% vs avg
5yr avg: 4.72
30Y Low1.3·High9.3
ROE
↓
16.1%
↑-50% vs avg
5yr avg: 32.5%
30Y Low-16%·High82%
Debt/EBITDA
↓
3.49
↓-19% vs avg
5yr avg: 4.32
30Y Low2.2·High8.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BALL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ball Corporation trades at 17.5x earnings, 17% below its 5-year average of 21.0x, sitting at the 45th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a discount of 17%. On a free-cash-flow basis, the stock trades at 19.5x P/FCF, 94% below the 5-year average of 326.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.4B | $14.6B | $17.0B | $18.2B | $16.4B | $31.9B | $31.1B | $22.0B | $16.2B | $13.5B | $12.1B |
| Enterprise Value | $21.2B | $20.4B | $22.1B | $26.1B | $25.2B | $39.5B | $37.8B | $28.3B | $22.2B | $20.0B | $19.1B |
| P/E Ratio → | 17.49 | 16.05 | 4.24 | 25.79 | 22.73 | 36.33 | 53.25 | 38.96 | 35.64 | 33.79 | 53.61 |
| P/S Ratio | 1.17 | 1.11 | 1.44 | 1.52 | 1.07 | 2.29 | 2.65 | 1.92 | 1.39 | 1.23 | 1.34 |
| P/B Ratio | 2.94 | 2.70 | 2.87 | 4.75 | 4.64 | 8.66 | 9.32 | 7.29 | 4.55 | 3.34 | 3.42 |
| P/FCF | 19.50 | 18.55 | — | 22.29 | — | 938.96 | 97.53 | 23.15 | 21.60 | 14.65 | — |
| P/OCF | 12.18 | 11.58 | 147.75 | 9.79 | 57.83 | 18.14 | 21.73 | 14.21 | 10.34 | 9.14 | 62.46 |
P/E links to full P/E history page with 30-year chart
BALL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ball Corporation's enterprise value stands at 10.5x EBITDA, 28% below its 5-year average of 14.7x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 14% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.55 | 1.87 | 2.17 | 1.65 | 2.84 | 3.22 | 2.47 | 1.91 | 1.82 | 2.10 |
| EV / EBITDA | 10.52 | 10.15 | 13.72 | 14.02 | 14.97 | 20.45 | 19.18 | 16.82 | 13.67 | 10.47 | 16.65 |
| EV / EBIT | 15.23 | 13.90 | 26.36 | 24.31 | 20.86 | 30.97 | 39.67 | 30.15 | 23.43 | 24.58 | 43.11 |
| EV / FCF | — | 25.91 | — | 31.92 | — | 1162.31 | 118.63 | 29.74 | 29.61 | 21.73 | — |
BALL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ball Corporation earns an operating margin of 10.6%, above the Consumer Cyclical sector average of 2.0%. ROE of 16.1% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 9.4% represents adequate returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.9% | 14.9% | 15.6% | 14.3% | 11.5% | 14.6% | 16.0% | 14.5% | 13.5% | 13.9% | 14.9% |
| Operating Margin | 10.6% | 10.6% | 8.4% | 9.8% | 6.6% | 8.8% | 11.1% | 8.7% | 7.9% | 10.8% | 7.6% |
| Net Profit Margin | 6.9% | 6.9% | 34.0% | 5.9% | 4.7% | 6.3% | 5.0% | 4.9% | 3.9% | 3.4% | 2.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.1% | 16.1% | 82.1% | 19.2% | 19.9% | 25.0% | 18.4% | 17.2% | 11.9% | 9.9% | 11.0% |
| ROA | 4.9% | 4.9% | 21.7% | 3.6% | 3.6% | 4.6% | 3.3% | 3.3% | 2.7% | 2.2% | 2.0% |
| ROIC | 9.4% | 9.4% | 6.5% | 7.3% | 6.4% | 8.7% | 10.1% | 8.0% | 6.9% | 8.4% | 6.3% |
| ROCE | 10.4% | 10.4% | 7.7% | 9.0% | 7.6% | 8.9% | 10.2% | 8.3% | 7.2% | 9.0% | 6.7% |
BALL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Ball Corporation carries a Debt/EBITDA ratio of 3.5x, which is moderately leveraged (27% below the sector average of 4.8x). Net debt stands at $5.8B ($7.0B total debt minus $1.2B cash). Interest coverage of 4.7x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.29 | 1.29 | 1.01 | 2.23 | 2.67 | 2.21 | 2.43 | 2.67 | 1.89 | 1.72 | 2.13 |
| Debt / EBITDA | 3.49 | 3.49 | 3.73 | 4.60 | 5.58 | 4.22 | 4.10 | 4.80 | 4.14 | 3.64 | 6.58 |
| Net Debt / Equity | — | 1.07 | 0.86 | 2.05 | 2.51 | 2.06 | 2.02 | 2.07 | 1.69 | 1.61 | 1.96 |
| Net Debt / EBITDA | 2.88 | 2.88 | 3.18 | 4.23 | 5.25 | 3.93 | 3.41 | 3.73 | 3.70 | 3.41 | 6.06 |
| Debt / FCF | — | 7.36 | — | 9.63 | — | 223.35 | 21.09 | 6.59 | 8.01 | 7.07 | — |
| Interest Coverage | 4.68 | 4.68 | 2.86 | 2.33 | 3.86 | 4.73 | 3.47 | 2.96 | 3.15 | 2.86 | 1.93 |
BALL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.11x means Ball Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.75x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 0.79x to 1.11x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.11 | 1.11 | 1.00 | 0.79 | 0.78 | 0.88 | 1.05 | 0.88 | 0.96 | 0.92 | 1.23 |
| Quick Ratio | 0.75 | 0.75 | 0.69 | 0.54 | 0.47 | 0.58 | 0.75 | 0.65 | 0.65 | 0.54 | 0.75 |
| Cash Ratio | 0.22 | 0.22 | 0.18 | 0.11 | 0.08 | 0.09 | 0.31 | 0.32 | 0.18 | 0.11 | 0.20 |
| Asset Turnover | — | 0.67 | 0.67 | 0.62 | 0.77 | 0.71 | 0.64 | 0.66 | 0.70 | 0.64 | 0.56 |
| Inventory Turnover | 5.57 | 5.57 | 6.74 | 6.73 | 6.21 | 6.63 | 7.30 | 7.69 | 7.92 | 6.20 | 5.46 |
| Days Sales Outstanding | — | 72.27 | 67.01 | 62.47 | 61.92 | 67.07 | 53.95 | 51.97 | 56.54 | 54.25 | 60.05 |
BALL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ball Corporation returns 10.0% to shareholders annually — split between a 1.4% dividend yield and 8.6% buyback yield. The payout ratio of 24.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 5.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.4% | 1.5% | 1.4% | 1.4% | 1.6% | 0.7% | 0.6% | 0.8% | 0.8% | 1.0% | 0.7% |
| Payout Ratio | 24.1% | 24.1% | 6.1% | 35.6% | 35.3% | 26.1% | 33.8% | 32.2% | 30.2% | 34.5% | 31.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.7% | 6.2% | 23.6% | 3.9% | 4.4% | 2.8% | 1.9% | 2.6% | 2.8% | 3.0% | 1.9% |
| FCF Yield | 5.1% | 5.4% | — | 4.5% | — | 0.1% | 1.0% | 4.3% | 4.6% | 6.8% | — |
| Buyback Yield | 8.6% | 9.0% | 10.1% | 0.0% | 3.8% | 2.4% | 0.2% | 4.4% | 4.6% | 0.8% | 0.9% |
| Total Shareholder Yield | 10.0% | 10.5% | 11.5% | 1.4% | 5.3% | 3.1% | 0.8% | 5.2% | 5.4% | 1.7% | 1.6% |
| Shares Outstanding | — | $276M | $308M | $317M | $320M | $332M | $334M | $340M | $352M | $357M | $323M |
Peer Comparison
Compare BALL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BALLYou | $15B | 17.5 | 10.5 | 19.5 | 14.9% | 10.6% | 16.1% | 9.4% | 3.5 |
 CCK | $11B | 15.9 | 8.0 | 10.4 | 18.3% | 13.2% | 21.9% | 14.1% | 3.0 |
 SEE | $6B | 12.3 | 14.3 | 13.5 | 29.8% | 13.5% | 54.3% | 11.2% | 5.9 |
 SLGN | $4B | 15.4 | 8.1 | 10.4 | 17.7% | 10.2% | 13.5% | 8.7% | 4.7 |
 ATR | $8B | 20.5 | 11.1 | 25.9 | 29.6% | 13.6% | 15.1% | 10.7% | 1.9 |
 SON | $5B | 12.7 | 7.7 | 12.7 | 20.9% | 9.5% | 13.4% | 6.2% | 3.9 |
 PKG | $20B | 26.7 | 12.7 | 28.0 | 21.0% | 14.0% | 17.1% | 12.6% | 2.3 |
 IP | $19B | -5.5 | 1388.3 | — | 29.5% | -11.3% | -30.6% | -11.3% | 514.4 |
 GPK | $3B | 7.2 | 6.0 | — | 18.7% | 10.1% | 14.0% | 7.7% | 4.0 |
 OI | $1B | -11.0 | 5.0 | 8.4 | 17.3% | 9.9% | -9.7% | 8.4% | 4.5 |
 AA | $15B | 13.4 | 8.6 | 27.1 | 13.6% | 7.6% | 20.2% | 12.7% | 0.0 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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BALL — Frequently Asked Questions
Quick answers to the most common questions about buying BALL stock.
What is Ball Corporation's P/E ratio?
Ball Corporation's current P/E ratio is 17.5x. The historical average is 25.4x. This places it at the 45th percentile of its historical range.
What is Ball Corporation's EV/EBITDA?
Ball Corporation's current EV/EBITDA is 10.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.0x.
What is Ball Corporation's ROE?
Ball Corporation's return on equity (ROE) is 16.1%. The historical average is 22.2%.
Is BALL stock overvalued?
Based on historical data, Ball Corporation is trading at a P/E of 17.5x. This is at the 45th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Ball Corporation's dividend yield?
Ball Corporation's current dividend yield is 1.38% with a payout ratio of 24.1%.
What are Ball Corporation's profit margins?
Ball Corporation has 14.9% gross margin and 10.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Ball Corporation have?
Ball Corporation's Debt/EBITDA ratio is 3.5x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.