BALL · 10-Q · 2026Q2 · Full report
Input Cost and Pricing Actions
BALL Corp · 2026-08-04 · Importance 56 · Surprise 24 · In source text
Ball experienced rising aluminum input prices in the six months ended June 30, 2026, increasing raw-material costs by $871 million versus the prior-year period. Customer contracts covering the majority of volume generally pass aluminum price changes through to customers, while derivative instruments and hedging strategies address additional exposure; timing differences and incomplete pass-through can affect earnings. The company is pursuing operational-excellence initiatives intended to reduce fixed and variable costs and improve results in 2027 and beyond.
Key facts
- Sales in the three months ended June 30, 2026 increased $659 million compared to the same period in 2025 primarily due to increases of $542 million from price/mix and $65 million from higher volume. source
- Increases in cost of sales for the three and six months ended June 30, 2026 were primarily due to higher raw materials costs of $506 million and $871 million, respectively, driven by higher aluminum prices and higher volumes. source
- Beverage Packaging South America segment sales increased $114 million and $155 million for the three and six months ended June 30, 2026, respectively, compared to the same periods in 2025; three month increase primarily due to higher price/mix of $93 million mainly from higher aluminum prices and higher volume; six month increase primarily due to higher price/mix of $149 million mainly from higher aluminum prices. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -21.8% | Increases in cost of sales for the three and six months ended June 30, 2026 were primarily due to higher raw materials costs of $506… |
| revenue | positive | realized | +13.6% | Sales in the three months ended June 30, 2026 increased $659 million compared to the same period in 2025 primarily due to increases of… |
| operating_income | negative | realized | -12.7% | Increases in cost of sales for the three and six months ended June 30, 2026 were primarily due to higher raw materials costs of $506… |
| revenue | positive | realized | +3.7% | Beverage Packaging South America segment sales increased $114 million and $155 million for the three and six months ended June 30, 2026,… |
| revenue | positive | realized | +2.3% | Beverage Packaging South America segment sales increased $114 million and $155 million for the three and six months ended June 30, 2026,… |
| revenue | positive | realized | +1.6% | Sales in the three months ended June 30, 2026 increased $659 million compared to the same period in 2025 primarily due to increases of… |