BALL Corp

BALL 10-K · FY 2025

BALL FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue From Contract With Customer Including Assessed Tax 13,161 11,795 +11.6%
Show Business Segments breakouts
Beverage packaging, EMEA · Operating Segments 3,983 3,466 +14.9%
Beverage packaging, North And Central America · Operating Segments 6,286 5,619 +11.9%
Beverage packaging, South America · Operating Segments 2,162 1,951 +10.8%
Show Geography breakouts
BR 1,494 1,418 +5.4%
Other 5,504 4,899 +12.3%
US 6,163 5,478 +12.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Commodity Contract -21 -3 -600.0%
Show Consolidation Items breakouts
Operating Segments 12,431 11,036 +12.6%
Other 730 759 -3.8%
Show Timing Of Transfer Of Good Or Service breakouts
Transferred At Point In Time 2,317 2,454 -5.6%
Transferred Over Time 10,844 9,341 +16.1%
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization -10,583 -9,354 -13.1%
Depreciation And Amortization -622 -611 -1.8%
Selling, General & Administrative -566 -647 +12.5%
Restructuring And Other Activities 41 -420 +109.8%
Show Disposal Group Classification breakouts
Disposal Group Disposed Of By Sale Not Discontinued Operations · Ball united arab can manufacturing company 41
Interest Income Operating 30 68 -55.9%
Show Consolidation Items breakouts
Reconciling items 1 42 -97.6%
Interest Expense Debt -314 -293 -7.2%
Debt Refinancing And Other Debt Related Costs -19 -3 -533.3%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 1,128 535 +110.8%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -113 78 -244.9%
Income Tax Expense (Benefit) -240 -133 -80.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 27 -18 +250.0%
Income Loss From Equity Method Investments 27 28 -3.6%
Income Loss From Continuing Operations 915 430 +112.8%
Net Income 915 4,014 -77.2%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -86 60 -243.3%
Noncontrolling Interest 3 6 -50.0%
Retained Earnings 912 4,008 -77.2%
Net Income Loss Attributable To Noncontrolling Interest 3 6 -50.0%
Net Income Loss Available To Common Stockholders Basic 912 4,008 -77.2%
Income Loss From Continuing Operations Per Basic Share 3.33 1.39 +139.6%
EPS (Basic) 3.33 13.12 -74.6%
Income Loss From Continuing Operations Per Diluted Share 3.3 1.37 +140.9%
EPS (Diluted) 3.3 13 -74.6%
Wtd Avg Shares (Basic) 274,263 305,459 -10.2%
Wtd Avg Shares (Diluted) 275,972 308,206 -10.5%
Interest Expense (FY)
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Interest Rate Swap 5 11 -54.5%
Comprehensive Income 1,046 3,921 -73.3%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 1,212 885 +36.9%
Receivables Net Current 2,606 2,166 +20.3%
Inventory 2,013 1,477 +36.3%
Other Assets Current 265 169 +56.8%
Assets Held For Sale Not Part Of Disposal Group Current Other 17 144 -88.2%
Total Current Assets 6,113 4,841 +26.3%
Accounts Receivable 2,057 1,736 +18.5%
Non-Current Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 6,656 6,173 +7.8%
Goodwill 4,379 4,172 +5.0%
Show Business Segments breakouts
Beverage packaging, EMEA 1,457 1,289 +13.0%
Beverage packaging, North And Central America 1,277 1,277 0.0%
Beverage packaging, South America 1,300 1,300 0.0%
Show Consolidation Items breakouts
Other 345 306 +12.7%
Intangible Assets Net Excluding Goodwill 982 1,080 -9.1%
Show Finite Lived Intangible Assets By Major Class breakouts
Computer Software Intangible Asset 22 28 -21.4%
Customer Related Intangible Assets 940 1,031 -8.8%
Other Intangible Assets 20 21 -4.8%
Other Non-Current Assets 1,394 1,362 +2.3%
Total Assets 19,524 17,628 +10.8%
Operating Lease Right-of-Use Assets 355 334 +6.3%
Deferred Tax Assets 64 63 +1.6%
Current Liabilities
Debt Current 21 361 -94.2%
Accounts Payable 4,452 3,418 +30.3%
Employee Related Liabilities Current 303 303 0.0%
Other Liabilities Current 711 725 -1.9%
Total Current Liabilities 5,487 4,847 +13.2%
Deferred Revenue (Current) 74 50 +48.0%
Current Portion of Long-Term Debt 2 191 -99.0%
Non-Current Liabilities
Long Term Debt And Capital Lease Obligations 6,991 5,312 +31.6%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 499 577 -13.5%
Deferred Tax Liabilities 655 594 +10.3%
Other Non-Current Liabilities 471 368 +28.0%
Total Liabilities 14,103 11,698 +20.6%
Operating Lease Liabilities 283 265 +6.8%
Contract With Customer Liability Noncurrent 2 2 0.0%
Stockholders' Equity
Common Stock 1,422 1,395 +1.9%
Retained Earnings 12,219 11,527 +6.0%
Accumulated Other Comprehensive Income -869 -1,003 +13.4%
Treasury Stock Common Value -7,351 -6,057 -21.4%
Total Stockholders' Equity 5,421 5,862 -7.5%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 5,421 5,930 -8.6%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -416 -402 -3.5%
Accumulated Gain Loss Net Cash Flow Hedge Parent 31 17 +82.4%
Accumulated Other Comprehensive Income -869 -1,003 +13.4%
Accumulated Translation Adjustment -484 -618 +21.7%
Accumulated Translation Adjustment · Net Investment Hedging 32
Common Stock 1,422 1,395 +1.9%
Retained Earnings 12,219 11,527 +6.0%
Treasury Stock Common -7,351 -6,057 -21.4%
Total Liabilities & Equity 19,524 17,628 +10.8%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation And Amortization For Segment 622 620 +0.3%
Deferred Income Taxes 60 143 -58.0%
Disposal Group Not Discontinued Operation Gain Loss On Disposal 3 -4,634 +100.1%
Show Disposal Group Classification breakouts
Disposal Group Disposed Of By Sale Not Discontinued Operations · Ball united arab can manufacturing company -81
Pension Expense Reversal Of Expense Noncash -43 -32 -34.4%
Other Operating Activities Cash Flow Statement -123 135 -191.1%
Increase Decrease In Receivables -317 -325 +2.5%
Change in Inventory -453 -25 -1712.0%
Increase Decrease In Other Current Assets 48 -109 +144.0%
Change in Accounts Payable 730 -91 +902.2%
Increase Decrease In Employee Related Liabilities -14 47 -129.8%
Increase Decrease In Other Current Liabilities -39 -201 +80.6%
Increase Decrease In Other Operating Capital Net -86 153 -156.2%
Net Cash from Operations 1,262 115 +997.4%
Investing Activities
Capital Expenditures -474 -484 +2.1%
Payments To Acquire Businesses Net Of Cash Acquired -159 -74 -114.9%
Proceeds From Divestiture Of Businesses Net Of Cash Divested 32 5,422 -99.4%
Payments For Proceeds From Derivative Instrument Investing Activities -99 138 -171.7%
Other Investing Activities 44 1 +4300.0%
Net Cash from Investing -656 5,003 -113.1%
Financing Activities
Proceeds From Issuance Of Long Term Debt 6,683 650 +928.2%
Repayments Of Long Term Debt -5,297 -3,480 -52.2%
Proceeds From Repayments Of Short Term Debt -158 -29 -444.8%
Share Repurchases -1,321 -1,712 +22.8%
Payments Of Dividends Common Stock -220 -244 +9.8%
Proceeds From Payments For Other Financing Activities -31 25 -224.0%
Net Cash from Financing -344 -4,790 +92.8%
Supplemental
Income Taxes Paid 374 922 -59.4%
Unpaid Capital Expenditures 161 96 +67.7%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 28 -107 +126.2%
Net Change in Cash 290 221 +31.2%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,221 931 +31.1%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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