Ball Corporation (BALL) Stock Price & Analysis
Ball Corporation (BALL) closed at USD 65.81 on Thursday, October 22, 2026, up 2.59% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 64.15; the Oct 22, 2026 session ranged USD 64.13–66.12 on volume of 1,893,253 shares. Market capitalization is $17.42B, with a 52-week range of USD 44.83–68.29 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:58 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BALL.md
Key facts (BALL)
- Last four reported quarters (through Jun 30, 2026): revenue $14.3B, net income $949M (6.6% margin), free cash flow $827M (SEC filings).
- Valuation: P/E 18.4x (avg 15.3x at the last 3 fiscal year-ends), net debt $6.69B.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $914K; 2 not under a Rule 10b5-1 plan ($914K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (14 analysts), mean target USD 71.54 (range 63–79).
- Total return with dividends: 1Y +34.3% vs S&P 500 +14.9%; 5Y -23.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 1.07, revenue estimate $3.78B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BALL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $13.8B | $13.4B | $12.1B | $11.8B | $13.2B | $14.3B |
| Operating income | $1.29B | $1.21B | $1.27B | — | — | — |
| Net income | $878M | $732M | $711M | $4.01B | $915M | $949M |
| EPS (diluted) | $2.65 | $2.25 | $2.23 | $13.00 | $3.30 | — |
| Free cash flow | $34.0M | -$1.35B | $818M | -$369M | $788M | $827M |
| Operating margin | 9.3% | 9.1% | 10.6% | — | — | — |
| Net margin | 6.4% | 5.5% | 5.9% | 34.0% | 7.0% | 6.6% |
| Revenue growth | +17.2% | -3.2% | -9.8% | -2.2% | +11.6% | — |
| Cash + short-term investments | $563M | $548M | $695M | $885M | $1.21B | — |
| Total debt | $7.74B | $8.95B | $8.36B | $5.50B | $6.99B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BALL)
P/E 18.4x · P/S 1.2x · EV/Sales 1.7x · P/FCF 21.1x · P/B 3.0x · FCF yield 4.75% · Earnings yield 5.45% · Dividend yield (paid, TTM) 1.23% · Buyback yield (TTM) 2.38% · Net debt $6.69B · EV $24.1B
P/E at fiscal year-ends: Dec 2025 16.0x, Dec 2024 4.2x, Dec 2023 25.6x.
Insider sales (SEC Form 4, open-market, last ~7 months) (BALL)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-25 | Glew Mandy | SVP and President, EMEA | 5,626 | $359K | 43.8% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-08-11 | Goodwin Deron | VP, Global Head of Treasury | 8,809 | $555K | 42.3% | No | Too little history (no open-market trades in 2024 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (BALL)
Consensus Buy (mean 2.00 on a 1–5 scale), 14 analysts; mean target USD 71.54 (low 63, high 79).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Wells Fargo | Target lowered | Overweight | $72 → $70 |
| 2026-10-13 | RBC Capital | Target lowered | Outperform | $77 → $73 |
| 2026-10-05 | UBS | Target lowered | Neutral | $66 → $63 |
| 2026-09-18 | JP Morgan | Upgrade | Neutral → Overweight | $65 |
| 2026-08-05 | UBS | Target raised | Neutral | $65 → $66 |
| 2026-08-05 | Wells Fargo | Target raised | Overweight | $71 → $72 |
| 2026-08-05 | JP Morgan | Downgrade | Overweight → Neutral | $60 → $65 |
| 2026-07-14 | B of A Securities | Target raised | Buy | $70 → $73 |
| 2026-07-09 | RBC Capital | Target raised | Outperform | $75 → $77 |
| 2026-07-09 | Citigroup | Target lowered | Buy | $73 → $72 |
Total return (dividends reinvested) (BALL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +34.3% | -23.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +34.4% | -5.3% |
| Volatility (annualized) | 26.1% | 31.6% |
| Max drawdown | -21.8% (Feb 2026→Jun 2026) | -53.1% (Dec 2021→Oct 2023) |
BALL revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Metal Beverage Packaging North & Central America | $2.01B | 50.2% | +24.4% |
| Metal Beverage Packaging Europe | $1.24B | 31.1% | +10.6% |
| Metal Beverage Packaging South America | $591.0M | 14.8% | +23.9% |
| Total revenue | $4.00B | 100% | — |
BALL revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $6.16B | 46.8% | +12.5% |
| Other Geographic Group | $5.50B | 41.8% | +12.3% |
| Brazil | $1.49B | 11.4% | +5.4% |
| Total revenue | $13.16B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
Companies that name BALL in their SEC reports
| Relationship to BALL | Company | Filing | Sentence |
|---|---|---|---|
| partner | MOLSON COORS BEVERAGE CO (TAP) | 10-K Feb 18, 2026 | “In the Americas segment, a portion of our aluminum cans and ends are purchased from Rocky Mountain Metal Container ("RMMC"), our joint venture with Ball Corporation, whose production facilities, which are leased from us, are located near our brewery in Golden, Colorado.” |
BALL customer concentration
In the period ended Dec 31, 2025, 3 direct customers each accounted for at least 10% (15%, 14%, 11%) of revenue, per the company's 10-K filed Feb 19, 2026. The company does not name them.
BALL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.07 | $1.07 | +0.3% | $3.78B | 13 |
| Next quarter (ends Dec 2026) | $0.98 | $1.01 | -3.9% | $3.67B | 13 |
| Current fiscal year (ends Dec 2026) | $4.02 | $4.00 | +0.4% | $14.94B | 14 |
| Next fiscal year (ends Dec 2027) | $4.52 | $4.52 | +0.0% | $15.60B | 14 |
BALL options: expected move
Options price a move of about ±7.6% (±$5.03) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±6.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 33.8% | ±7.6% |
| Dec 18, 2026 | 56 | 29.8% | ±9.4% |
| Jan 15, 2027 | 84 | 28.1% | ±10.8% |
| Feb 19, 2027 | 119 | 28.9% | ±13.1% |
| Mar 19, 2027 | 147 | 28.3% | ±14.2% |
| May 21, 2027 | 210 | 28.4% | ±17.1% |
| Jun 17, 2027 | 237 | 28.3% | ±18.0% |
| Sep 17, 2027 | 329 | 28.0% | ±21.0% |
30-day implied volatility 29.3% vs 21.6% realized over the last 30 trading days. Put/call ratio (volume) 0.69. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:58 UTC)
| Price | USD 65.81 |
|---|---|
| Change | ▲ 2.59% (up) |
| Previous Close | USD 64.15 |
| Open | USD 64.4 |
| Day Range | USD 64.13 – 66.12 |
| 52-Week Range | USD 44.83 – 68.29 |
| Volume | 1,893,253 shares |
| Market Cap | $17.42B |
| Exchange | NYQ |
Technical Analysis (BALL)
Nexqual's technical model rates BALL "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:58 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 75.85 (overbought) |
| vs SMA50 | Above (USD 60.82) |
| MACD | 1.26 (positive) |
Analyst Ratings (BALL)
Wall Street analysts rate BALL "Buy" based on 14 analysts, with a mean price target of USD 71.54 (range USD 63–79), per Nexqual as of October 23, 2026 at 09:58 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 71.54 |
| High Target | USD 79 |
| Low Target | USD 63 |
| Buy / Hold / Sell | 11 / 3 / 0 |
Earnings (BALL)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 1.07 |
| Revenue Estimate | $3.78B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.03 vs est 0.99 ▲ beat |
| 2026-03-31 | USD 0.94 vs est 0.84 ▲ beat |
| 2025-12-31 | USD 0.91 vs est 0.9 ▲ beat |
| 2025-09-30 | USD 1.02 vs est 1.02 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financials & Fundamentals (BALL)
| Total Revenue | $14.33B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +19.70% |
| Gross Margin | +18.63% |
| Operating Margin | +9.23% |
| Profit Margin | +6.61% |
| ROE | +17.15% |
| Debt / Equity | 1.31 |
| Current Ratio | 1.07 |
| Total Cash | $500.00M |
| Total Debt | $7.58B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $827.00M (5.8% of revenue) |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financial Health Score (BALL)
Nexqual rates Ball Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:58 UTC.
| Growth | Solid — Revenue +12% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 19%, operating 9% (last 12 months) |
| Balance Sheet | Mixed — $491M cash and investments vs $7.18B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $827M (last 4 quarters to Jun 2026, SEC), 6% margin |
| Efficiency | Solid — ROE 17%, ROA 4.6% |
Ownership (BALL)
| Insider Ownership | +0.26% |
|---|---|
| Institutional Ownership | +90.59% |
| Shares Outstanding | 264.70M |
| Float | 263.66M |
| Short % of Float | +3.49% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Leadership (BALL)
Ball Corporation is led by Ronald J. Lewis, CEO & Director, per Nexqual as of October 23, 2026 at 09:58 UTC.
| CEO & Director | Ronald J. Lewis |
|---|---|
| Senior VP & CFO | Daniel J. Rabbitt |
Major Backers & Investors (BALL)
Notable institutional backers of Ball Corporation include Price (T.Rowe) Associates Inc, Boston Partners, JPMorgan, according to Nexqual as of October 23, 2026 at 09:58 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 4.65% |
| Boston Partners | 3.32% |
| JPMorgan | 2.8% |
| Morgan Stanley | 2.6% |
| TR PRICE-Price (T.Rowe) U.S. Value Equity Trust | 1.98% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 10.93% |
| BlackRock | 7.94% |
| State Street | 5.07% |
| Geode Capital | 2.68% |
| Dimensional Fund Advisors | 2.46% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
From Ball Corporation's Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- For the countries in which we currently operate, the aluminum beverage container market is approximately 97 billion containers, and we are the largest producer with an estimated 39 percent of shipments in this region.
- For the countries where we operate, the South American aluminum beverage container market is approximately 43 billion containers, and we are the largest producer in this region with an estimated 46 percent of South American shipments in 2025.
- We sell our aluminum packaging products globally to large multinational beverage, personal care and household products companies with which we have developed long-term relationships.
- Together, these pillars form a clear framework that enables us to outperform in dynamic markets, serve our customers and create long-term value for those who count on us.
Partnerships
- We are committed to a safe and fulfilling work environment where our Ball team members demonstrate hard work and teamwork, with low egos and high collaboration.
- Our talent management organization has dedicated acquisition and development functions, with standard hiring processes, assessments, and investment in development planning to align with our cultural values and strategic goals.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| IP | International Paper Company | USD 33.68 | ▲ 0.15% |
| AMCR | Amcor plc | USD 46.28 | ▲ 2.23% |
| AVY | Avery Dennison Corporation | USD 184.66 | ▲ 3.14% |
| PKG | Packaging Corporation of Americ | USD 248.92 | ▲ 4.15% |
| SW | Smurfit WestRock plc | USD 42.43 | ▲ 2.34% |
| CCK | Crown Holdings, Inc. | USD 119.26 | ▲ 2.62% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:58 UTC. This page is informational and not investment advice.
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