What is the primary revenue source for Ball Corporation (BALL)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze BALL's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Ball Corporation's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Ball Corporation Makes Money: BALL Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Revenue: USD 7.60B
Largest revenue segment share (Beverage packaging, North And Central America): 49.76%
Selling, general and administrative: USD 313.00M
Income tax expense: USD 127.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Income tax expenseIncome tax expense (benefit) · IncomeTaxExpenseBenefit
Largest revenue segment share (Beverage packaging, North And Central America)Beverage packaging, North And Central America · segment_value / revenue * 100
RevenueNet sales · RevenueFromContractWithCustomerIncludingAssessedTax
Selling, general and administrativeSelling, general and administrative expense · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Neutral

Liabilities and shareholder equity jointly fund the asset base, with a broadly stable mix.

Property, plant and equipment: USD 6.78B
Goodwill: USD 4.40B
Accounts receivable: USD 3.26B
Total liabilities: USD 14.34B
Shareholder equity: USD 5.77B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

GoodwillGoodwill · Goodwill
Property, plant and equipmentProperty, plant and equipment, net · PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
Shareholder equityEquity, including portion attributable to noncontrolling interest · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesLiabilities · Liabilities
Accounts receivableReceivables, net · ReceivablesNetCurrent

Cash

Did accounting profit ultimately turn into cash?

Watch

Net income is positive while operating cash flow is negative, so reported profit has not become cash.

Free cash flow is negative after capital expenditure.

Net income: USD 426.00M
Operating cash flow: USD −169.00M
Cash conversion: -39.67%
Free cash flow: USD −471.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeProfitLoss - NetIncomeLossAttributableToNoncontrollingInterest
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 107.00M
Share repurchases: USD 115.00M
Net shareholder return: USD 222.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?