BALL · 10-Q · 2026Q2

BALL Corp

Filed 2026-08-04 · Industrials · View original filing on EDGAR

Ranked Events

• Capital Return ProgramImportance 93 · Surprise 82
  Ball repurchased $115 million of common stock in the first six months of 2026, down from $1.02 billion in the comparable 2025 period. The company plans approximately $600 million of share repurchases during full-year…
• Capital Expenditure ProgramImportance 64 · Surprise 42
  Ball expects 2026 property, plant and equipment capital expenditures of approximately $600 million. The company spent $302 million on capital expenditures during the first six months of 2026. Approximately $299 million…
• Operating Margin DriversImportance 59 · Surprise 48
  Cost of sales excluding depreciation and amortization increased $610 million to $3.300 billion in the second quarter and $1.074 billion to $6.257 billion in the first half of 2026. Raw-material costs increased $506…
• Revenue Performance and MixImportance 59 · Surprise 48
  Second-quarter 2026 consolidated sales increased $659 million, or approximately 20%, to $3.997 billion from $3.338 billion, driven by $542 million of price/mix increases and $65 million of higher volume. First-half…
• Capital Expenditure OutlookImportance 56 · Surprise 24
  Ball expects 2026 capital expenditures for property, plant and equipment to be approximately $600 million. Approximately $299 million of capital expenditures were contractually committed as of June 30, 2026. The…
• Input Cost and Pricing ActionsImportance 56 · Surprise 24
  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…
• Supply Chain ConstraintsImportance 56 · Surprise 24
  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…
• Liquidity and Debt PositionImportance 54 · Surprise 14
  Total debt increased to $7.22 billion at June 30, 2026, from $7.01 billion at December 31, 2025. Ball had $1.71 billion available under its long-term multi-currency revolving facilities and $942 million available under…
• Pension Settlement ChargeImportance 53 · Surprise 60
  Ball expects a buy-out of its U.K. defined benefit pension plan in the third quarter of 2026. The transaction will trigger a noncash pension settlement charge covering plan balances and accumulated pension components…
• Acquisition / Partnership / DivestitureImportance 47 · Surprise 60
  In January 2026, Ball acquired an 80% capital share of Benepack’s European beverage-can manufacturing business from ORG Technology Co. Ltd. The acquired business includes manufacturing facilities in Belgium and Hungary…
• Geographic Market CommentaryImportance 44 · Surprise 24
  Beverage Packaging, North and Central America six-month sales increased $706 million, primarily from $651 million of price/mix and $55 million of higher volume; operating earnings were flat as higher operating and…
• Operating Cash Flow TrendsImportance 42 · Surprise 40
  Operating activities used $169 million in the first six months of 2026, improving from $333 million used in the prior-year period. The 2026 outflow included a $1.01 billion working-capital use, partly offset by $428…
• U.K. Pension SettlementImportance 40 · Surprise 42
  Ball anticipates a buy-out of its U.K. defined benefit pension plan in the third quarter of 2026. The transaction is expected to trigger a noncash pension settlement charge recognizing all plan balances, including…
• FX / Currency HeadwindsImportance 34 · Surprise 24
  Currency translation increased consolidated sales by $131 million in the six months ended June 30, 2026, compared with the same period in 2025. In the Beverage Packaging, EMEA segment, currency translation contributed…
• Geopolitical ConflictsImportance 29 · Surprise 24
  Ball is monitoring geopolitical conflicts globally and expects potential increases in energy, transportation and aluminum costs due to effects on the global economy and supply. Management states that the conflicts…
• Manufacturing and CapacityImportance 26 · Surprise 24
  Ball’s manufacturing footprint includes best-in-class aluminum packaging facilities serving its global beverage packaging operations. In North and Central America, higher operating costs and plant start-up costs…
• End-Market Demand TrendsImportance 26 · Surprise 24
  Ball describes the global aluminum packaging industry as growing and expected to continue growing over the medium to long term. Demand is supported by large multinational beverage, personal care and household products…

Revenue by Product (in millions)