BALL · Earnings call · 2026Q2T · Full report
Outstanding Indebtedness
BALL Corp · 2026-08-04 · Importance 50 · Surprise 24 · In source text
Ball expects full-year 2026 interest expense of approximately $310 million. Management projects year-end 2026 net debt to comparable EBITDA of around 2.7 times. The company linked its leverage discipline to the timing of free cash flow and declined to lever up to accelerate share repurchases in the first half. The projected leverage ratio supports the planned $800 million of shareholder returns while maintaining balance-sheet flexibility.
Key facts
- Full year 2026 interest expense is expected to be in the range of $310 million.
- Ball anticipates year-end 2026 net debt to comparable EBITDA to be around 2.7x.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | committed | -6.6% | Full year 2026 interest expense is expected to be in the range of $310 million. |
| liability | unclear | committed | — | Ball anticipates year-end 2026 net debt to comparable EBITDA to be around 2.7x. |