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Ball Corporation
S&P 500
🏹 Trader: 🎯 Near 52W High View all →
$16.4B
Market Cap
16.1
P/E
1.05
PEG
9.7%
ROCE
16.1%
ROE
1.36
D/E
10.6%
OPM
-10.7%
% from 52W High
68
α RS
🔍 BALL is showing a high-conviction setup because it matches 5 of 39 tracked screener presets, RS Rating is 68, and an ECS of 65.1 last quarter. Net: Broad signal stack, not a recommendation. ? Conviction RS Rating ECS
Sources
Conviction 5/39 · RS Rating 68 · ECS 65.1
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🌏 Global Investor Returns
Currency-adjusted total returns for BALL including FX impact
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📈 Price History
Ratio Health
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About

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It manufactures and sells extruded aluminum aerosol containers, recloseable aluminum bottles, aluminum cups, and aluminum slugs. The company was founded in 1880 and is headquartered in Westminster, Colorado.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding BALL
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Manager Shares Value % of Fund Period
David Tepper Appaloosa LP 837.0K $49.5M 0.83% Mar 2026
Steve Cohen Point72 Asset Management 227.6K $13.5M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →
📊 MIXED Q1 comparable EPS up 22% to $0.94; global volumes up ~1%
Revenue & Profitability
Comparable diluted EPS was $0.94, up 22% year-over-year. Comparable operating earnings increased 10% year-over-year. North and Central America segment comparable operating earnings rose 2.5% on low-single-digit volume growth. EMEA comparable operating earnings increased 20% on low-single-digit volume growth. South America comparable operating earnings were flat on mid-single-digit volume decline. Full-year free cash flow is expected to exceed $900 million.
Outlook
Management is confident in delivering 10%+ comparable diluted EPS growth for full-year 2026 despite geopolitical and macroeconomic uncertainty. The can continues to win across all regions, taking share from other substrates due to its sustainability, convenience, and performance advantages. Consumer behaviour leans towards home consumption amid inflation, supporting can demand.
Growth Drivers
Key growth levers include substrate shift to aluminum, expanding categories such as energy drinks and non-alcoholic beverages, and capacity additions in high-growth regions. EMEA is expected to grow volumes above 3-5% (including Benepack), while South America targets 4-6%. North America is constrained by capacity but benefits from promotional activity around the World Cup and US 250th anniversary.
Balance Sheet & CapEx
Full-year 2026 capital expenditure is expected to be in line with GAAP depreciation and amortization. The Millersburg, Oregon facility remains on track for full ramp-up in 2027, with $35 million of startup costs anticipated this year. The Benepack acquisition in EMEA was completed in February, adding plants in Hungary and Belgium. Additional capacity is planned in India and potentially on the U.S. East Coast.
Margins
The company targets 2x operating leverage on volume growth, which it achieved in Q1 (10% operating earnings growth on ~1% volume increase). EMEA has the lowest profit per can but is improving the fastest. North America's operating leverage in Q1 was close to 2x, but full-year leverage will be distorted by Millersburg startup costs. South America delivered flat earnings despite volume decline, aided by cost discipline and mix.
Key Risks
Management highlighted ongoing geopolitical and macroeconomic factors, though the business model provides resilience. Middle East tensions do not directly impact Ball but affect aluminum costs, which are promptly passed through via contracts. Section 232 tariffs have a de minimis impact. Inflation could pressure consumer spending, but the can's value proposition supports demand. Capacity constraints limit near-term volume upside.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-04
Q2 saw global beverage can volumes rise 4.3% year-over-year, with strong growth in all regions and a 14.4% increase in comparable diluted EPS. The company remains on track for 10%+ EPS growth and $800 million in shareholder returns for 2026, supported by disciplined execution and capacity expansions.
Q1 2026 Q1 2026 2026-05-05
Strong Q1 2026 results featured 10% operating earnings growth and 22% EPS growth year-over-year, driven by disciplined execution, resilient demand, and successful integration of Benepack. The company remains confident in achieving 10%+ EPS growth for the year and plans $800 million in shareholder returns.
Q4 2025 Q4 2025 2026-02-03
Record 2025 results featured double-digit EPS growth, robust free cash flow, and strong global volume gains. Strategic acquisitions and disciplined capital allocation position the company for continued profitable growth and 10%+ EPS expansion in 2026.
Q3 2025 Q3 2025 2025-11-04
Beverage can volumes and earnings rose strongly year-over-year, with robust global demand and disciplined execution driving record EPS and significant shareholder returns. Despite tariff and supply chain challenges, all regions are expected to meet or exceed long-term growth targets in 2025.
Q2 2025 Q2 2025 2025-08-05
Q2 2025 saw strong results with 22% EPS growth and $1.13B returned to shareholders. Global can shipments rose 4.3% year-over-year, with robust demand in energy drinks and non-alcoholic beverages. The company targets 12%-15% EPS growth for 2025.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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