BALL - Ball Corporation Stock Price, Fair Value and News

65.45USD+0.26 (+0.40%)Market Closed

Market Summary

USD65.45+0.26

Market Closed

0.40%

BALL Stock Price

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BALL RSI Chart

BALL Valuation

Market Cap

20.7B

Price/Earnings (Trailing)

29.06

Price/Sales (Trailing)

1.47

EV/EBITDA

14.02

Price/Free Cashflow

25.26

BALL Price/Sales (Trailing)

BALL Profitability

EBT Margin

5.80%

Return on Equity

18.86%

Return on Assets

3.68%

Free Cashflow Yield

3.96%

BALL Fundamentals

BALL Revenue

Revenue (TTM)

14.0B

Rev. Growth (Yr)

-4.09%

Rev. Growth (Qtr)

-4.7%

BALL Earnings

Earnings (TTM)

711.0M

Earnings Growth (Yr)

175%

Earnings Growth (Qtr)

-24.51%

Breaking Down BALL Revenue

Last 7 days

1.7%

Last 30 days

-1.5%

Last 90 days

14.4%

Trailing 12 Months

27.8%

How does BALL drawdown profile look like?

BALL Financial Health

Current Ratio

0.79

Debt/Equity

1.99

Debt/Cashflow

0.25

BALL Investor Care

Dividend Yield

0.59%

Dividend/Share (TTM)

0.37

Shares Dilution (1Y)

0.39%

Diluted EPS (TTM)

2.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	15.1B	14.6B	14.2B	14.0B
2022	14.4B	15.1B	15.5B	15.3B
2021	12.1B	12.8B	13.2B	13.8B
2020	11.5B	11.3B	11.4B	11.8B
2019	11.6B	11.6B	11.6B	11.5B
2018	11.3B	11.5B	11.6B	11.6B
2017	9.8B	10.6B	10.8B	11.0B
2016	7.8B	7.7B	8.3B	9.1B
2015	8.5B	8.4B	8.2B	8.0B
2014	8.5B	8.6B	8.5B	8.6B
2013	8.7B	8.6B	8.6B	8.5B
2012	8.7B	8.6B	8.7B	8.7B
2011	8.0B	8.4B	8.6B	8.6B
2010	6.9B	7.1B	7.4B	7.6B
2009	0	6.8B	6.7B	6.7B
2008	0	0	0	6.8B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Ball Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	fisher daniel william	bought	249,767	64.556	3,869	president & c.e.o.
Dec 15, 2023	lewis ronald j.	sold (taxes)	-50,425	58.43	-863	sr vp & coo
Dec 15, 2023	lewis ronald j.	acquired	175,290	58.43	3,000	sr vp & coo
Nov 21, 2023	lewis ronald j.	bought	249,976	53.909	4,637	sr vp & coo
Sep 15, 2023	bryant john a	acquired	46,512	51.68	900	-
Sep 15, 2023	baker charles e	acquired	62,016	51.68	1,200	vp, gen counsel & corp sec
Sep 15, 2023	baker charles e	sold (taxes)	-17,829	51.68	-345	vp, gen counsel & corp sec
Sep 15, 2023	niekamp cynthia a	acquired	46,512	51.68	900	-
Sep 15, 2023	mariani pedro henrique	acquired	46,512	51.68	900	-
Sep 15, 2023	kaufman david a	acquired	86,822	51.68	1,680	president, ball aerospace

Which funds bought or sold BALL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Wesleyan Assurance Society	unchanged	-	612,000	4,197,000	0.37%
Apr 24, 2024	CENTRAL TRUST Co	unchanged	-	22,032	150,820	-%
Apr 24, 2024	BROWN ADVISORY INC	reduced	-9.48	228,863	4,039,510	-%
Apr 24, 2024	Townsend & Associates, Inc	reduced	-0.76	183,625	1,306,420	0.15%
Apr 24, 2024	Berkshire Bank	added	3.16	90,980	528,304	0.13%
Apr 24, 2024	JGP Wealth Management, LLC	reduced	-1.5	140,320	1,054,680	0.15%
Apr 24, 2024	Spire Wealth Management	reduced	-17.34	827	297,291	-%
Apr 24, 2024	Assenagon Asset Management S.A.	added	295	2,543,650	3,244,530	0.01%
Apr 24, 2024	ADAMS NATURAL RESOURCES FUND, INC.	unchanged	-	229,272	1,569,490	0.22%
Apr 24, 2024	Alta Advisers Ltd	unchanged	-	10,824	74,096	0.04%

Are Funds Buying or Selling BALL?

Are funds buying BALL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BALL

No. of Funds

Unveiling Ball Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	5.8%	18,348,229	SC 13G
Feb 13, 2024	vanguard group inc	11.29%	35,587,833	SC 13G/A
Feb 12, 2024	parnassus investments, llc	680%	21,062,707	SC 13G/A
Jan 29, 2024	state street corp	6.01%	18,962,210	SC 13G
Jan 26, 2024	blackrock inc.	7.1%	22,543,154	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	2.8%	8,927,199	SC 13G/A
Feb 09, 2023	vanguard group inc	11.30%	35,462,609	SC 13G/A
Feb 02, 2023	parnassus investments, llc	519%	15,021,949	SC 13G
Jan 31, 2023	blackrock inc.	7.4%	23,377,145	SC 13G

Recent SEC filings of Ball Corporation

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	8-K	Current Report
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	8-K	Current Report
Mar 13, 2024	DEF 14A	DEF 14A
Feb 29, 2024	8-K	Current Report
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 20, 2024	10-K	Annual Report

Ball Corporation News

Latest updates

Ball Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.7%	3,403	3,571	3,566	3,489	3,548	3,951	4,134	3,716	3,674	3,553	3,459	3,125	3,102	3,093	2,801	2,785	2,719	2,953	3,017	2,785	2,803
Costs and Expenses	-4.4%	3,103	3,246	3,245	3,162	3,360	3,428	4,241	3,106	3,294	3,315	3,086	2,825	2,806	2,719	2,623	2,630	2,513	2,755	2,710	2,564	2,605
S&GA Expenses	-1.5%	130	132	165	131	120	159	161	186	122	148	166	157	162	121	111	131	89.00	90.00	111	127	126
EBITDA Margin	9.0%	0.14*	0.13*	0.14*	0.10*	0.12*	0.13*	0.12*	0.16*	0.14*	0.14*	0.16*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	-10.7%	109	122	115	113	96.00	79.00	68.00	69.00	69.00	68.00	66.00	67.00	69.00	68.00	67.00	71.00	80.00	79.00	81.00	77.00	75.00
Income Taxes	2100.0%	44.00	2.00	36.00	41.00	20.00	38.00	1.00	100	10.00	-2.00	116	32.00	7.00	73.00	23.00	-4.00	-2.00	32.00	31.00	10.00	-35.00
Earnings Before Taxes	-5.9%	191	203	206	214	76.00	444	-177	541	299	169	307	233	227	305	111	44.00	123	119	226	140	123
EBT Margin	17.7%	0.06*	0.05*	0.06*	0.04*	0.06*	0.07*	0.06*	0.09*	0.07*	0.07*	0.08*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	-24.5%	154	204	173	180	56.00	394	-165	447	297	179	202	200	227	240	92.00	23.00	160	92.00	197	117	151
Net Income Margin	17.2%	0.05*	0.04*	0.06*	0.03*	0.05*	0.06*	0.05*	0.08*	0.06*	0.06*	0.07*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-4.2%	521	544	371	-618	136	-269	-51.00	-1,166	362	261	251	-840	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.2%	19,303	19,932	20,171	20,109	19,909	20,053	20,926	20,926	19,714	20,132	19,146	17,979	18,252	16,972	16,610	16,545	17,360	16,237	17,109	16,923	16,554
Current Assets	-9.7%	4,883	5,408	5,435	5,507	5,489	5,812	6,493	6,306	5,223	5,917	5,029	4,237	4,675	4,025	4,010	4,241	4,884	3,829	4,533	4,399	3,940
Cash Equivalents	-47.9%	695	1,335	955	572	548	473	480	437	563	1,446	571	461	1,366	771	643	801	1,381	483	764	603	728
Inventory	-7.6%	1,559	1,688	1,982	2,191	2,179	2,201	2,473	2,323	1,795	1,638	1,490	1,399	1,353	1,309	1,388	1,354	1,274	1,180	1,183	1,275	1,271
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,662	4,499	4,470	4,320	4,385	4,360	4,542
Goodwill	1.6%	4,290	4,222	4,269	4,255	4,235	4,119	4,350	4,324	4,378	4,407	4,448	4,416	4,484	4,401	4,314	4,270	4,419	4,371	4,433	4,410	4,475
Liabilities	-2.9%	15,466	15,924	16,266	16,401	16,382	16,504	17,393	16,969	16,029	16,367	15,445	14,425	14,915	14,019	13,780	13,845	14,341	12,772	13,545	13,274	12,992
Current Liabilities	-7.9%	6,185	6,715	6,926	7,220	7,008	6,189	6,483	6,486	5,953	6,131	5,917	4,984	4,444	3,764	4,126	4,003	5,577	3,773	4,134	4,035	4,095
Long Term Debt	0.3%	7,504	7,483	7,507	7,322	7,540	8,363	8,847	8,265	7,722	7,755	6,970	6,941	7,783	7,679	7,158	7,476	6,337	6,623	6,916	6,719	6,510
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,679	7,158	7,476	6,337	6,623	6,916	6,719	6,510
Shareholder's Equity	-4.3%	3,769	3,938	3,905	3,708	3,461	3,549	3,533	3,957	3,685	3,765	3,701	3,554	3,337	2,953	2,830	2,700	3,019	3,465	3,564	3,649	3,562
Retained Earnings	1.2%	7,763	7,673	7,533	7,422	7,309	7,316	6,987	7,224	6,843	6,611	6,496	6,342	6,192	6,014	5,822	5,777	5,803	5,694	5,651	5,504	5,341
Shares Outstanding	-0.1%	315	315	314	314	316	317	317	321	326	326	328	328	-	-	-	-	-	-	-	-	-
Minority Interest	-2.9%	68.00	70.00	69.00	69.00	66.00	70.00	68.00	59.00	58.00	61.00	62.00	62.00	62.00	67.00	68.00	70.00	70.00	100	104	103	104
Float	-	-	-	18,330	-	-	-	21,600	-	-	-	26,500	-	-	-	22,700	-	-	-	23,200	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-3.9%	736	766	636	-275	525	174	406	-804	884	708	645	-477	1,087	577	476	-708	892	403	382	-129	539
Cashflow From Investing	-2.3%	-227	-222	-268	-336	-334	44.00	-450	-46.00	-535	-368	-388	-348	-430	-310	-207	-234	27.00	-185	-101	-163	-191
Cashflow From Financing	-648.1%	-1,152	-154	-5.00	649	-138	-211	119	715	-1,221	549	-168	-54.00	-81.00	-133	-413	25.00	372	-525	-118	225	-239
Dividend Payments	0%	63.00	63.00	63.00	63.00	63.00	63.00	63.00	65.00	65.00	65.00	49.00	50.00	49.00	49.00	49.00	51.00	49.00	50.00	49.00	34.00	33.00
Buy Backs	-	-	-	-	3.00	1.00	39.00	-	98.00	410	210	136	10.00	-	-	-	57.00	350	218	250	146	275

BALL Income Statement

2023-12-31

Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Earnings
Net sales	$ 14,029	$ 15,349	$ 13,811
Costs and expenses
Cost of sales (excluding depreciation and amortization)	(11,359)	(12,766)	(11,085)
Depreciation and amortization	(686)	(672)	(700)
Selling, general and administrative	(558)	(626)	(593)
Business consolidation and other activities	(153)	(71)	(142)
Total costs and expenses	(12,756)	(14,135)	(12,520)
Earnings before interest and taxes	1,273	1,214	1,291
Interest expense	(459)	(312)	(270)
Debt refinancing and other costs		(18)	(13)
Total interest expense	(459)	(330)	(283)
Earnings before taxes	814	884	1,008
Tax (provision) benefit	(123)	(159)	(156)
Equity in results of affiliates, net of tax	20	7	26
Net earnings	711	732	878
Net earnings attributable to noncontrolling interests	4	13
Net earnings attributable to Ball Corporation	$ 707	$ 719	$ 878
Earnings per share:
Basic (in dollars per share)	$ 2.25	$ 2.27	$ 2.69
Diluted (in dollars per share)	$ 2.23	$ 2.25	$ 2.65
Weighted average shares outstanding: (000s)
Basic (in shares)	314,775	316,433	325,989
Diluted (in shares)	317,022	320,008	331,615

BALL Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 695	$ 548
Receivables, net	2,334	2,594
Inventories, net	1,559	2,179
Other current assets	295	168
Total current assets	4,883	5,489
Noncurrent assets
Property, plant and equipment, net	7,380	7,053
Goodwill	4,290	4,235
Intangible assets, net	1,309	1,417
Other assets	1,441	1,715
Total assets	19,303	19,909
Current liabilities
Short-term debt and current portion of long-term debt	1,065	1,408
Accounts payable	3,753	4,383
Accrued employee costs	333	236
Other current liabilities	1,034	981
Total current liabilities	6,185	7,008
Noncurrent liabilities
Long-term debt	7,504	7,540
Employee benefit obligations	898	847
Deferred taxes	421	540
Other liabilities	458	447
Total liabilities	15,466	16,382
Equity
Common stock (683,241,401 shares issued - 2023; 682,144,408 shares issued - 2022)	1,312	1,260
Retained earnings	7,763	7,309
Accumulated other comprehensive earnings (loss)	(916)	(679)
Treasury stock, at cost (367,551,366 shares - 2023; 368,036,369 shares - 2022)	(4,390)	(4,429)
Total Ball Corporation shareholders' equity	3,769	3,461
Noncontrolling interests	68	66
Total equity	3,837	3,527
Total liabilities and equity	$ 19,303	$ 19,909

About Ball Corporation

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. It operates through four segments: Beverage Packaging, North and Central America; Beverage Packaging, Europe, Middle East and Africa; Beverage Packaging, South America; and Aerospace. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It also develops spacecraft, sensors and instruments, radio frequency systems, and other technologies for the civil, commercial, and national security aerospace markets, as well as offers defense hardware, antenna and video tactical solutions, civil and operational space hardware, and systems engineering services. In addition, the company designs, manufactures, and tests satellites, remote sensors, and ground station control hardware and software; and provides launch vehicle integration and satellite operational services. Further, it offers target identification, warning, and attitude control systems and components; cryogenic systems and associated sensor cooling devices; star trackers; and fast-steering mirrors to the government agencies or their prime contractors. Additionally, the company manufactures and sells extruded aluminum aerosol containers, recloseable aluminum bottles, aluminum cups, and aluminum slugs. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado.

CEO	Mr. Daniel William Fisher
WEBSITE	ball.com
INDUSTRY	Packers
EMPLOYEES	21000

Ball Corporation Frequently Asked Questions

What is the ticker symbol for Ball Corporation? What does BALL stand for in stocks?

BALL is the stock ticker symbol of Ball Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ball Corporation (BALL)?

As of Thu Apr 25 2024, market cap of Ball Corporation is 20.66 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BALL stock?

You can check BALL's fair value in chart for subscribers.

What is the fair value of BALL stock?

You can check BALL's fair value in chart for subscribers. The fair value of Ball Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ball Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BALL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ball Corporation a good stock to buy?

The fair value guage provides a quick view whether BALL is over valued or under valued. Whether Ball Corporation is cheap or expensive depends on the assumptions which impact Ball Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BALL.

What is Ball Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, BALL's PE ratio (Price to Earnings) is 29.06 and Price to Sales (PS) ratio is 1.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BALL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ball Corporation's stock?

In the past 10 years, Ball Corporation has provided 0.096 (multiply by 100 for percentage) rate of return.