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Ball Corp
NYSE:BALL

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Ball Corp
NYSE:BALL
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Price: 54.3 USD 0.72% Market Closed
Market Cap: 14.6B USD

Ball Corp
Investor Relations

Ball Corporation's journey began in 1880 when five brothers in Buffalo, New York, embarked on a venture that would eventually revolutionize the packaging industry. Initially known for producing wood-jacketed tin cans, the company quickly pivoted to manufacturing glass jars, which became a staple in kitchens across America. Over time, Ball Corp. shifted its focus from glass to metal, a move that proved prescient as demand for sustainable and recyclable packaging materials surged. Today, Ball is a leader in producing aluminum beverage cans—a product that forms the backbone of its operations. The company has embedded itself in the global supply chain, not just through innovation in packaging but by setting industry standards in sustainability, as aluminum is infinitely recyclable.

The mechanics of how Ball Corp. makes money are elegantly straightforward yet strategically sophisticated. The company designs and manufactures a vast range of containers for beverage, personal care, and household products, servicing global giants in the beverage and consumer goods sectors. This involves continuous collaboration with clients to ensure packaging meets both aesthetic desires and ecological standards, an approach that solidifies long-term partnerships. Additionally, Ball Corp. has diversified its portfolio with its aerospace division, which focuses on designing advanced systems and technologies for national defense, intelligence, and civilian space exploration. Through a combination of high-quality manufacturing, strategic partnerships, and a commitment to sustainability, Ball Corp. has fortified its position as a formidable player in both the packaging and aerospace industries.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Strong Q3 Results: Ball delivered a strong third quarter with beverage can volumes up 4.2%, comparable operating earnings up 5.1%, and comparable diluted EPS up 12.1%.

Full-Year Outlook: Management remains confident in delivering 12% to 15% comparable diluted EPS growth for 2025, with expectations to achieve record EPS, EVA, and approach record adjusted free cash flow.

Segment Performance: North America, EMEA, and South America all posted mid-single-digit volume growth, with EMEA particularly strong, up 14.8% in segment comparable operating earnings.

Capital Returns: $1.27 billion has been returned to shareholders year-to-date via share repurchases and dividends, with at least $1.3 billion in repurchases planned for 2025.

Tariff Impact Managed: Management is actively navigating tariff challenges, passing through cost increases and mitigating risks, while maintaining strong customer relationships.

Capacity Expansion: The new Millersburg, Oregon plant is on track for second-half 2026, unlocking further volume and margin improvement by 2027.

Cost & Efficiency: Operating leverage in North America remains below historical norms due to mix shifts, but management expects improvement as new capacity comes online and cost initiatives progress.

Key Financials
Beverage Can Volume Growth
4.2%
Comparable Operating Earnings
Up 5.1%
Comparable Diluted Earnings Per Share
Up 12.1%
Comparable Net Earnings
$277 million
Shareholder Returns
$1.27 billion
Net Debt to Comparable EBITDA
Slightly above 2.75x (projected year-end 2025)
CapEx
Below D&A in 2025
Effective Tax Rate
Slightly above 22% (projected 2025)
Interest Expense
$320 million (projected 2025)
Corporate Undistributed Costs
$150 million (projected 2025)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Daniel William Fisher
Chairman & CEO
No Bio Available
Mr. Howard H. Yu CPA
Executive VP & CFO
No Bio Available
Mr. Ronald J. Lewis
SVP, COO of Global Beverage Packaging, Chief Supply Chain & Operations Officer
No Bio Available
Ms. Stacey J. Valy Panayiotou
Senior VP & Chief Human Resources Officer
No Bio Available
Brandon Potthoff
Head of Investor Relations
No Bio Available
Ms. Hannah S. Lim-Johnson Esq.
SVP, Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Daniel J. Rabbitt
Senior VP of Corporate Planning & Development
No Bio Available
Ms. Kathleen E. Pitre
Senior VP & President of Beverage Packaging North & Central America
No Bio Available
Ms. Carey Causey
Senior VP, Chief Growth Officer & Interim President of EMEA
No Bio Available
Fauze Villatoro
Senior VP & President of Beverage Packaging South America
No Bio Available

Contacts

Address
COLORADO
Westminster
9200 W. 108Th Circle
Contacts
+13034695511.0
www.ball.com