BALL · 10-Q · 2026Q2 · Full report

Supply Chain Constraints

BALL Corp · 2026-08-04 · Importance 56 · Surprise 24 · In source text

Ball purchases raw materials from relatively few suppliers, creating exposure to supplier loss, insolvency, bankruptcy or changes in major supply agreements. Rising aluminum prices increased raw-material costs by $871 million in the first six months of 2026, while higher volumes also increased input requirements. Aluminum pass-through provisions cover the majority of volume and derivative instruments are used to mitigate cost volatility, although timing differences and incomplete pass-through can affect results. Customer and supplier concentration remains a material supply-chain risk despite the company’s long-term relationships and contractual protections.

Key facts

• The 2026 business consolidation amounts include expenses associated with tariff contingencies where the company is seeking recovery and costs for previously announced facility closures. source
• The company purchases raw materials from relatively few suppliers and mitigates aluminum cost exposure through pass-through provisions covering the majority of our volume and through derivative instruments. source

Impact estimates