Ball Corp.

Ball Corp.

BLL

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Market Cap$21.85B
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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Ball Corp.Ball Corp.16.61.39%13%1.41.1

Earnings Call Q1 2026

May 5, 2026 - AI Summary

Q1 2026 performance strong (resilient despite macro/geopolitics): Global beverage can volumes up ~1% YoY (slightly stronger North America, in-line South America partially offset by EMEA softness). Comparable operating earnings up 10% YoY, exceeding the company’s ~2x operating leverage goal for the quarter. Comparable diluted EPS $0.94, up 22% YoY. Management attributes upside primarily to cost discipline, strong execution, and pass-through of inputs.
Full-year outlook: EPS growth algorithm + cash flow targets reaffirmed: Ball expects 10%+ comparable diluted EPS growth for 2026. Forecasts include free cash flow > $900M; effective tax rate slightly above 23%; interest expense ~$320M; and CapEx expected in line with GAAP D&A. Year-end 2026 net debt / comparable EBITDA ~2.7x.
Volume & operating leverage guidance by region (and what’s driving it): - North & Central America: Q1 comps +2.5% operating earnings with volumes low single-digit YoY. For the full year: expects volume growth at the low end of 1%–3% due to capacity constraints. - EMEA: Q1 comparable operating earnings +20% YoY with volumes low single-digit YoY. Full-year expectations: volume growth above the top of 3%–5% range and ~2x operating leverage, helped by Benepack acquisition completion and operational performance. - South America: Q1 operating earnings flat; volumes mid-single-digit decline (customer timing/inventory). Full-year: expects volume growth low end of 4%–6% as growth normalizes later.

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$71.18

Current Fair Value

2.4% upside

Undervalued by 2.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$21.85 Billion
Enterprise Value$28.93 Billion
Dividend Yield$6.39 (1.39%)
Earnings per Share$3.3
Beta0.55
Outstanding Shares265,778,000

Return

Return on Equity13.05%ROE
Return on Assets4.74%
Return on Invested Capital5.82%

Valuation & Multiples

P/E Ratio16.59P/E Ratio
PEG114.19PEG
Price to Sales1.36Price to Sales
Price to Book Ratio2.57Price to Book Ratio
Enterprise Value to Revenue2.12
Enterprise Value to EBIT34.98
Enterprise Value to Net Income30
Total Debt to Enterprise0.27
Debt to Equity1.09Debt to Equity

Revenue Sources

No data

Insider Trades

Institutional Sentiment (Put/Call)

No data available for the latest quarter.

Institutional Ownership

No data available for the latest quarter.

ESG Score

No data

About Ball Corp.

21,500 employees
CEO: John Hayes

Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball...

Relevant Senate Committees

Joint Committee on Taxation

This committee's role in analyzing and 'scoring' tax legislation means it directly influences corporate tax structures and capital investment credits. Its reports and expertise directly impact the overall tax burden on major corporations like Ball.

Finance

This powerful committee controls taxation and trade policy. Changes in corporate tax rates would directly impact Ball's profitability, and trade policies (tariffs, agreements) could affect its global supply chains and international sales for aluminum packaging.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine the precise funding for defense programs and scientific research, directly impacting the order books and revenue streams for Ball's aerospace and government services contracts.

Armed Services

Ball Corporation supplies 'aerospace and other technologies and services primarily for the U.S. government,' with the Department of Defense being a primary customer. This committee directly oversees the DoD and authorizes the annual NDAA, determining funding for Ball's key government contracts.

Select Committee on Intelligence

Ball supplies 'aerospace and other technologies and services primarily for the U.S. government.' This can include projects related to intelligence, making committee members privy to classified information that could influence defense and intelligence spending, impacting Ball's government contract revenue.

Environment and Public Works

As a manufacturer of aluminum packaging, Ball Corporation is significantly impacted by environmental regulations (e.g., EPA on emissions, waste management, recycling). The company's focus on 'sustainable' packaging makes this committee's decisions highly relevant.

Homeland Security and Governmental Affairs

Ball Corporation has significant aerospace and technology contracts with the U.S. government. This committee's oversight of government procurement directly impacts a major revenue stream for Ball.