Ball Corporation

BALL

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

11,798

Cost of Revenue

9,959

Gross Profit

1,839

Gross Margin

15.6%

Operating Income

992

Operating Margin

8.4%

Net Income

4,008

Net Margin

34.0%

EPS (Basic)

$13.12

EPS (Diluted)

$13.00

EBITDA

1,459

EBITDA Margin

12.4%

2023

12/31/2023

Revenue

12,019

Cost of Revenue

10,303

Gross Profit

1,716

Gross Margin

14.3%

Operating Income

1,176

Operating Margin

9.8%

Net Income

707

Net Margin

5.9%

EPS (Basic)

$2.25

EPS (Diluted)

$2.23

EBITDA

1,760

EBITDA Margin

14.6%

2022

12/31/2022

Revenue

15,290

Cost of Revenue

13,535

Gross Profit

1,755

Gross Margin

11.5%

Operating Income

1,013

Operating Margin

6.6%

Net Income

719

Net Margin

4.7%

EPS (Basic)

$2.27

EPS (Diluted)

$2.25

EBITDA

1,881

EBITDA Margin

12.3%

2021

12/31/2021

Revenue

13,932

Cost of Revenue

11,900

Gross Profit

2,032

Gross Margin

14.6%

Operating Income

1,232

Operating Margin

8.8%

Net Income

878

Net Margin

6.3%

EPS (Basic)

$2.69

EPS (Diluted)

$2.65

EBITDA

1,976

EBITDA Margin

14.2%

2020

12/31/2020

Revenue

11,758

Cost of Revenue

9,878

Gross Profit

1,880

Gross Margin

16.0%

Operating Income

1,305

Operating Margin

11.1%

Net Income

585

Net Margin

5.0%

EPS (Basic)

$1.79

EPS (Diluted)

$1.75

EBITDA

1,622

EBITDA Margin

13.8%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	11,798	12,019	15,290	13,932	11,758
Cost of Revenue	9,959	10,303	13,535	11,900	9,878
Gross Profit	1,839	1,716	1,755	2,032	1,880
Gross Margin	15.6%	14.3%	11.5%	14.6%	16.0%
Operating Income	992	1,176	1,013	1,232	1,305
Operating Margin	8.4%	9.8%	6.6%	8.8%	11.1%
Net Income	4,008	707	719	878	585
Net Margin	34.0%	5.9%	4.7%	6.3%	5.0%
EPS (Basic)	$13.12	$2.25	$2.27	$2.69	$1.79
EPS (Diluted)	$13.00	$2.23	$2.25	$2.65	$1.75
EBITDA	1,459	1,760	1,881	1,976	1,622
EBITDA Margin	12.4%	14.6%	12.3%	14.2%	13.8%