Ball Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $915.0M | $4.01B | $711.0M | $732.0M | $878.0M | $582.0M | $536.0M | $453.0M |
| Depreciation & Amortization | $622.0M | $611.0M | $605.0M | $594.0M | $700.0M | $668.0M | $678.0M | $702.0M |
| Depreciation | $474.0M | $460.0M | $454.0M | $437.0M | $520.0M | $488.0M | $491.0M | $498.0M |
| Amortization | $148.0M | $151.0M | $151.0M | $157.0M | $180.0M | $180.0M | $187.0M | $204.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $1.26B | $115.0M | $1.86B | $301.0M | $1.76B | $1.43B | $1.55B | $1.57B |
| Investing Activities | ||||||||
| Capital Expenditures | $474.0M | $484.0M | $1.05B | $1.65B | $1.73B | $1.11B | $598.0M | $816.0M |
| Business Acquisitions | $159.0M | $74.0M | — | — | — | $69.0M | — | — |
| Net Cash from Investing Activities | $-656.0M | $5.00B | $-1.05B | $-786.0M | $-1.64B | $-1.18B | $-422.0M | $-206.0M |
| Financing Activities | ||||||||
| Dividends Paid | $220.0M | $244.0M | $252.0M | $254.0M | $229.0M | $198.0M | $182.0M | $137.0M |
| Stock Repurchases | $1.32B | $1.71B | $3.0M | $618.0M | $766.0M | $57.0M | $964.0M | $739.0M |
| Net Cash from Financing Activities | $-344.0M | $-4.79B | $-662.0M | $485.0M | $-894.0M | $-602.0M | $-46.0M | $-1.04B |
| Net Change in Cash | $290.0M | $221.0M | $152.0M | $-21.0M | $-802.0M | $-425.0M | $1.08B | $269.0M |
| Free Cash Flow | $788.0M | $-369.0M | $818.0M | $-1.35B | $34.0M | $319.0M | $950.0M | $750.0M |