Ball Financial Statements From 2010 to 2024

BALL Stock  USD 65.19  0.31  0.47%   
Ball financial statements provide useful quarterly and yearly information to potential Ball Corporation investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ball financial statements helps investors assess Ball's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ball's valuation are summarized below:
Gross Profit
2.6 B
Profit Margin
0.0504
Market Capitalization
20.6 B
Enterprise Value Revenue
2.0316
Revenue
14 B
There are over one hundred nineteen available fundamental signals for Ball Corporation, which can be analyzed over time and compared to other ratios. We recommend to validate Ball's prevailing fundamental drivers against the all of the trends between 2010 and 2024. Market Cap is expected to rise to about 28.7 B this year, although Enterprise Value will most likely fall to about 1.3 B.

Ball Total Revenue

14.73 Billion

Check Ball financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ball main balance sheet or income statement drivers, such as Depreciation And Amortization of 720.3 M, Selling General Administrative of 575.4 M or Total Revenue of 14.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0166 or PTB Ratio of 3.22. Ball financial statements analysis is a perfect complement when working with Ball Valuation or Volatility modules.
  
This module can also supplement various Ball Technical models . Check out the analysis of Ball Correlation against competitors.

Ball Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.3 B19.3 B13.7 B
Slightly volatile
Short and Long Term Debt TotalB8.6 BB
Slightly volatile
Other Current Liabilities1.1 BB526.5 M
Slightly volatile
Total Current Liabilities6.5 B6.2 B3.8 B
Slightly volatile
Total Stockholder EquityB3.8 B2.6 B
Slightly volatile
Property Plant And Equipment Net8.2 B7.8 B4.4 B
Slightly volatile
Net Debt8.3 B7.9 B5.4 B
Slightly volatile
Retained Earnings8.2 B7.8 B5.1 B
Slightly volatile
Cash729.8 M695 M576.8 M
Slightly volatile
Non Current Assets Total17.4 B16.6 B10.4 B
Slightly volatile
Non Currrent Assets Other547.7 M675 M882.9 M
Slightly volatile
Cash And Short Term Investments729.8 M695 M576.8 M
Slightly volatile
Net Receivables2.5 B2.3 B1.5 B
Slightly volatile
Common Stock Shares Outstanding385.1 M317 M329.7 M
Pretty Stable
Liabilities And Stockholders Equity20.3 B19.3 B13.7 B
Slightly volatile
Non Current Liabilities Total9.7 B9.3 B7.3 B
Slightly volatile
Inventory861.6 M1.6 B1.2 B
Slightly volatile
Other Current Assets309.8 M295 M185.9 M
Slightly volatile
Total Liabilities16.2 B15.5 B11.1 B
Slightly volatile
Total Current Assets5.1 B4.9 B3.6 B
Slightly volatile
Short Term Debt1.1 B1.1 B489.8 M
Slightly volatile
Accounts Payable3.9 B3.8 B2.8 B
Slightly volatile
Intangible Assets885.3 M1.3 B1.1 B
Slightly volatile
Common Stock985 M1.3 B1.1 B
Slightly volatile
Good Will3.3 B4.3 B3.5 B
Slightly volatile
Short Term Investments9.4 M9.9 M16.8 M
Slightly volatile
Other Liabilities1.7 B1.3 B2.2 B
Slightly volatile
Other Assets1.3 B1.3 B1.1 B
Slightly volatile
Long Term DebtB7.5 B6.9 B
Slightly volatile
Net Invested Capital12.5 B12.3 B10.8 B
Slightly volatile
Long Term Investments200.4 M212 M274.6 M
Slightly volatile
Short and Long Term Debt770.7 M1.1 B448.4 M
Slightly volatile
Capital Stock1.3 B1.3 B1.2 B
Slightly volatile
Non Current Liabilities Other616.5 M458 M418.4 M
Slightly volatile
Property Plant Equipment6.4 B8.6 B5.4 B
Slightly volatile
Capital Lease Obligations322.9 M519.8 M277.8 M
Slightly volatile
Property Plant And Equipment Gross8.9 B12.4 BB
Slightly volatile
Noncontrolling Interest In Consolidated Entity68.2 M75.9 M60.4 M
Slightly volatile
Common Stock Total Equity1.4 B1.4 B1.2 B
Slightly volatile
Retained Earnings Total Equity7.8 B8.4 BB
Slightly volatile
Long Term Debt Total6.1 B6.8 B7.5 B
Slightly volatile
Deferred Long Term Liabilities482 M486 M632.5 M
Slightly volatile

Ball Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization720.3 M686 M499.9 M
Slightly volatile
Selling General Administrative575.4 M548 M479.4 M
Slightly volatile
Total Revenue14.7 B14 B10.4 B
Slightly volatile
Gross Profit2.8 B2.7 BB
Slightly volatile
Other Operating Expenses13.4 B12.7 B9.4 B
Slightly volatile
Operating Income1.5 B1.4 BB
Slightly volatile
EBIT1.5 B1.4 BB
Slightly volatile
EBITDA2.2 B2.1 B1.5 B
Slightly volatile
Cost Of Revenue11.9 B11.4 B8.4 B
Slightly volatile
Total Operating Expenses1.4 B1.4 B984.4 M
Slightly volatile
Income Before Tax875.7 M834 M604.6 M
Slightly volatile
Net Income742.4 M707 M488.7 M
Slightly volatile
Tax Provision102.5 M99 M156.8 M
Slightly volatile
Net Income From Continuing Ops695.6 M613 M540.9 M
Slightly volatile
Reconciled Depreciation545.5 M671 M683.5 M
Slightly volatile
Net Income Applicable To Common Shares704.4 M826.9 M557.7 M
Slightly volatile
Research Development56.5 M63.2 M47.9 M
Slightly volatile
Selling And Marketing Expenses840 M945 MB
Slightly volatile
Non Operating Income Net OtherM6.3 M22.1 M
Slightly volatile

Ball Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow286.2 M558 M515.5 M
Slightly volatile
Depreciation720.3 M686 M500.6 M
Slightly volatile
Capital Expenditures1.1 BB754 M
Slightly volatile
Total Cash From Operating ActivitiesB1.9 B1.1 B
Slightly volatile
Net Income746.5 M711 M498.6 M
Slightly volatile
End Period Cash Flow745.5 M710 M582.9 M
Slightly volatile
Issuance Of Capital Stock34.5 M54 M33.4 M
Slightly volatile
Cash Flows Other Operating8.6 MM97 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.711.29061.2671
Slightly volatile
Dividend Yield0.01660.01390.0115
Pretty Stable
PTB Ratio3.224.80395.4123
Pretty Stable
Days Sales Outstanding31.4560.724948.3422
Slightly volatile
Book Value Per Share12.5711.97368.162
Slightly volatile
Invested Capital1.42.27352.223
Very volatile
Operating Cash Flow Per Share6.215.91853.5214
Slightly volatile
PB Ratio3.224.80395.4123
Pretty Stable
EV To Sales0.991.85191.7315
Slightly volatile
ROIC0.07750.09850.1101
Slightly volatile
Inventory Turnover4.857.28616.4448
Pretty Stable
Net Income Per Share2.362.2461.5425
Slightly volatile
Days Of Inventory On Hand67.8550.095557.0035
Pretty Stable
Payables Turnover2.883.02663.914
Slightly volatile
Research And Ddevelopement To Revenue0.00430.00390.0039
Slightly volatile
Cash Per Share2.362.24291.7981
Slightly volatile
POCF Ratio11.389.718717.963
Pretty Stable
Payout Ratio0.260.35640.3007
Very volatile
Days Payables Outstanding127121112
Slightly volatile
Income Quality1.562.62032.1608
Very volatile
ROE0.140.18760.2071
Slightly volatile
EV To Operating Cash Flow16.0613.945225.9496
Pretty Stable
PE Ratio14.225.609428.5033
Slightly volatile
Return On Tangible Assets0.04120.05160.0577
Slightly volatile
Earnings Yield0.04980.0390.0415
Slightly volatile
Intangibles To Total Assets0.220.29010.3029
Pretty Stable
Net Debt To EBITDA2.273.72823.3125
Slightly volatile
Current Ratio1.430.78951.1304
Slightly volatile
Receivables Turnover11.466.01077.9925
Slightly volatile
Graham Number25.8324.598816.4722
Slightly volatile
Shareholders Equity Per Share12.5711.97368.162
Slightly volatile
Debt To Equity1.42.27352.223
Very volatile
Revenue Per Share46.844.568332.8889
Slightly volatile
Interest Debt Per Share27.0525.764419.1577
Slightly volatile
Debt To Assets0.30.44390.411
Pretty Stable
Enterprise Value Over EBITDA7.7412.301112.1484
Slightly volatile
Short Term Coverage Ratios1.661.749316.3457
Slightly volatile
Price Earnings Ratio14.225.609428.5033
Slightly volatile
Operating Cycle111111106
Slightly volatile
Price Book Value Ratio3.224.80395.4123
Pretty Stable
Days Of Payables Outstanding127121112
Slightly volatile
Dividend Payout Ratio0.260.35640.3007
Very volatile
Price To Operating Cash Flows Ratio11.389.718717.963
Pretty Stable
Pretax Profit Margin0.04190.05940.0581
Slightly volatile
Ebt Per Ebit1.10.58490.6339
Very volatile
Operating Profit Margin0.06260.10160.0959
Slightly volatile
Company Equity Multiplier3.465.12155.1244
Very volatile
Long Term Debt To Capitalization0.450.66570.6382
Pretty Stable
Total Debt To Capitalization0.480.69450.6563
Pretty Stable
Return On Capital Employed0.130.10870.1192
Slightly volatile
Debt Equity Ratio1.42.27352.223
Very volatile
Ebit Per Revenue0.06260.10160.0959
Slightly volatile
Quick Ratio0.630.49150.6036
Slightly volatile
Net Income Per E B T0.620.84770.8496
Very volatile
Cash Ratio0.0880.11240.1472
Very volatile
Operating Cash Flow Sales Ratio0.06910.13280.099
Very volatile
Days Of Inventory Outstanding67.8550.095557.0035
Pretty Stable
Days Of Sales Outstanding31.4560.724948.3422
Slightly volatile
Cash Flow Coverage Ratios0.250.21740.2026
Pretty Stable
Price To Book Ratio3.224.80395.4123
Pretty Stable
Fixed Asset Turnover3.381.7942.8165
Slightly volatile
Price Cash Flow Ratio11.389.718717.963
Pretty Stable
Enterprise Value Multiple7.7412.301112.1484
Slightly volatile
Debt Ratio0.30.44390.411
Pretty Stable
Cash Flow To Debt Ratio0.250.21740.2026
Pretty Stable
Price Sales Ratio0.711.29061.2671
Slightly volatile
Return On Assets0.04270.03660.0418
Slightly volatile
Asset Turnover1.250.72680.9172
Slightly volatile
Net Profit Margin0.02880.05040.0447
Very volatile
Gross Profit Margin0.140.19030.1891
Slightly volatile
Price Fair Value3.224.80395.4123
Pretty Stable
Return On Equity0.140.18760.2071
Slightly volatile

Ball Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap28.7 B27.4 B18.7 B
Slightly volatile
Enterprise Value1.3 B2.6 B2.7 B
Very volatile

Ball Fundamental Market Drivers

Forward Price Earnings21.8341
Cash And Short Term Investments695 M

Ball Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Ball Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ball income statement, its balance sheet, and the statement of cash flows. Ball investors use historical funamental indicators, such as Ball's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ball investors may use each financial statement separately, they are all related. The changes in Ball's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ball's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ball Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ball. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue333 M349.6 M
Total Revenue14 B14.7 B
Cost Of Revenue11.4 B11.9 B
Stock Based Compensation To Revenue(0)(0)
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0  0 
Capex To Revenue(0.07)(0.08)
Revenue Per Share 44.57  46.80 
Ebit Per Revenue 0.10  0.06 

Pair Trading with Ball

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ball position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ball will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ball Stock

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The ability to find closely correlated positions to Ball could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ball when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ball - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ball Corporation to buy it.
The correlation of Ball is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ball moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ball moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ball can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ball is a strong investment it is important to analyze Ball's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ball's future performance. For an informed investment choice regarding Ball Stock, refer to the following important reports:
Check out the analysis of Ball Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Ball's price analysis, check to measure Ball's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ball is operating at the current time. Most of Ball's value examination focuses on studying past and present price action to predict the probability of Ball's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ball's price. Additionally, you may evaluate how the addition of Ball to your portfolios can decrease your overall portfolio volatility.
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Is Ball's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.803
Dividend Share
0.8
Earnings Share
2.23
Revenue Per Share
44.568
Quarterly Revenue Growth
(0.04)
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.