Ball (BALL) FY2024 results: revenue $11.8 billion, down 2.2% on the year
Ball Corp. (BALL) reported revenue of $11.8 billion for fiscal 2024, the year ended 31 December 2024, down 2.2% on the year before. Net income was $4.0 billion, up 466.9%, and diluted earnings per share $13.00. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$11.8 billion
-2.2% on the year
FY2017FY2024
Operating margin
n/a
10.6% a year earlier
FY2017FY2024
Net income
$4.0 billion
+466.9% on the year
FY2017FY2024
Diluted EPS
$13.00
+483.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
115
1,863
301
-93.8%
Capital expenditure
484
1,045
1,651
-53.7%
Free cash flow
-369
818
-1,350
Free cash flow margin
-3.1%
6.8%
-10.1%
Cash from investing
5,003
-1,053
-786
Cash from financing
-4,790
-662
485
Depreciation and amortisation
611
605
594
+1.0%
Share-based compensation
63.0
33.0
39.0
+90.9%
Buybacks
1,712
3.0
618
+56,966.7%
Dividends paid
244
252
254
-3.2%
Dividend per share
$0.80
$0.80
$0.80
0.0%
Diluted shares, weighted
308m
317m
320m
-2.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
5,862
3,769
3,461
+55.5%
Non-controlling interest
68.0
68.0
66.0
0.0%
Debt
5,673
8,569
8,948
-33.8%
Operating lease liabilities
265
287
349
-7.7%
Finance lease liabilities
5.0
7.0
10.0
-28.6%
Other liabilities
5,755
6,603
7,075
-12.8%
Total liabilities and equity
17,628
19,303
19,909
-8.7%
Goodwill
4,172
4,250
4,195
-1.8%
Intangible assets
1,080
1,248
1,417
-13.5%
Cash and equivalents
885
695
548
+27.3%
Receivables
1,736
1,670
2,107
+4.0%
Inventory
1,477
1,531
2,179
-3.5%
Other assets
8,278
9,909
9,463
-16.5%
Total assets
17,628
19,303
19,909
-8.7%
10-K for the year ended 31 December 2024, filed 20 February 2025: the filing.