Ball Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.16B | $11.80B | $12.06B | $13.37B | $13.81B | $11.78B | $11.47B | $11.64B |
| Beverage Packaging North & Central America | $6.29B | $5.62B | — | — | $5.86B | $5.08B | $4.76B | $4.63B |
| Beverage Packaging EMEA | $3.98B | $3.47B | — | — | $3.51B | $2.95B | $2.65B | $2.62B |
| Beverage Packaging South America | $2.16B | $1.95B | — | — | $2.02B | $1.70B | $1.67B | $1.70B |
| Food and Aerosol Packaging | — | — | — | — | — | — | — | — |
| Aerospace | — | — | — | — | $1.91B | $1.74B | $1.48B | $1.20B |
| Other | $730.0M | $759.0M | — | — | $519.0M | $324.0M | $916.0M | $1.49B |
| Cost of Revenue | $10.58B | $9.35B | $9.75B | $11.12B | $11.09B | $9.32B | $9.20B | $9.33B |
| Gross Profit | $2.58B | $2.44B | $2.31B | $2.25B | $2.73B | $2.46B | $1.78B | $1.80B |
| Gross Margin | 19.6% | 20.7% | 19.1% | 16.8% | 19.7% | 20.9% | 15.5% | 15.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $55.0M | $55.0M | $56.0M | $47.0M | $44.0M | $32.0M |
| SG&A Expense | $566.0M | $647.0M | $532.0M | $555.0M | $593.0M | $525.0M | $417.0M | $478.0M |
| Operating Income | $1.44B | $828.0M | $1.27B | $1.21B | $1.29B | $1.00B | $932.0M | $935.0M |
| Operating Margin | 11.0% | 7.0% | 10.6% | 9.1% | 9.3% | 8.5% | 8.1% | 8.0% |
| Interest Expense | $314.0M | $293.0M | $460.0M | $313.0M | $270.0M | $275.0M | $317.0M | $301.0M |
| Pretax Income | $1.13B | $535.0M | $614.0M | $713.0M | $1.01B | $687.0M | $608.0M | $633.0M |
| Income Tax Expense | $240.0M | $133.0M | $146.0M | $138.0M | $156.0M | $99.0M | $71.0M | $185.0M |
| Net Income | $915.0M | $4.01B | $711.0M | $732.0M | $878.0M | $582.0M | $536.0M | $453.0M |
| Net Margin | 7.0% | 34.0% | 5.9% | 5.5% | 6.4% | 4.9% | 4.7% | 3.9% |
| EPS (Basic) | $3.33 | $13.12 | $2.25 | $2.27 | $2.69 | $1.79 | $1.71 | $1.32 |
| EPS (Diluted) | $3.30 | $13.00 | $2.23 | $2.25 | $2.65 | $1.76 | $1.66 | $1.29 |
| Shares Outstanding (Basic) | 274.3M | 305.5M | 314.8M | 316.4M | 326.0M | 326.3M | 331.1M | 344.8M |
| Shares Outstanding (Diluted) | 276.0M | 308.2M | 317.0M | 320.0M | 331.6M | 332.8M | 340.1M | 352.3M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.80 | $0.70 | $0.60 | $0.55 | $0.40 |