📣 VC round data is live. Check it out!

Ball Valuation Multiples

Discover revenue and EBITDA valuation multiples for Ball and similar public comparables like International Paper, Amcor, Avery Dennison, CCL Industries and more.

Ball Overview

About Ball

Ball is the world's largest metal can manufacturer with market share over 30% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments-beverage packaging, North and Central America (48% of 2025 revenue), beverage packaging, EMEA (30%), beverage packaging, South America (16%)-and it generated $13 billion in revenue in 2025.


Founded

1922

HQ

United States

Employees

16.0K

Website

ball.com

Financials (LTM)

Revenue: $14B
EBITDA: $2B

EV

$22B

Valuation Multiples

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

Ball Financials

Ball reported last 12-month revenue of $14B and EBITDA of $2B.

In the same LTM period, Ball generated $3B in gross profit, $2B in EBITDA, and $1B in net income.

Revenue (LTM)


Ball P&L

In the most recent fiscal year, Ball reported revenue of $13B and EBITDA of $2B.

Ball is profitable as of last fiscal year, with gross margin of 20%, EBITDA margin of 16%, and net margin of 7%.

See analyst estimates for Ball
LTMLast FY202320242025202620272028
Revenue$14B$13B$14B$12B$13B
Gross Profit$3B$3B$3B$2B$3B
Gross Margin20%20%19%21%20%
EBITDA$2B$2B$2B$1B$2B
EBITDA Margin15%16%14%12%16%
EBIT Margin11%12%10%10%11%
Net Profit$1B$985M$707M$4B$912M
Net Margin7%7%5%34%7%
Net Debt—$6B———

Financial data powered by Morningstar, Inc.

Ball Stock Performance

Ball has current market cap of $15B, and enterprise value of $22B.

Market Cap Evolution


Ball's stock price is $55.20.

Ball share price decreased by 9.6% in the last 30 days, and increased by 3.0% in the last year.

Ball has an EPS (earnings per share) of $3.70.

See more trading valuation data for Ball
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$22B$15B-2.5%-9.6%-17.8%3.0%$3.70

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.

Start Free Trial

Ball Valuation Multiples

Ball trades at 1.6x EV/Revenue multiple, and 10.5x EV/EBITDA.

See NTM and 2027E valuation multiples for Ball

EV / Revenue (LTM)


Ball Financial Valuation Multiples

As of May 16, 2026, Ball has market cap of $15B and EV of $22B.

Ball has a P/E ratio of 14.5x.

LTMLast FY202320242025202620272028
EV/Revenue1.6x1.7x1.6x1.8x1.7x
EV/EBITDA10.5x10.5x11.1x15.0x10.5x
EV/EBIT13.9x14.3x15.3x18.4x15.7x
EV/Gross Profit8.0x8.4x8.2x8.9x8.4x
P/E14.5x14.9x20.8x3.7x16.1x
EV/FCF26.8x27.6x26.6x(59.0x)27.6x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Ball Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

FactSetMorningstar
Start Free Trial

Ball Margins & Growth Rates

Ball grew revenue by 10% and EBITDA by 3% in the last fiscal year.

In the most recent fiscal year, Ball reported gross margin of 20%, EBITDA margin of 16%, and net margin of 7%.

See estimated margins and future growth rates for Ball

Ball Margins

Last FY202420252026202720282029
Gross Margin20%21%20%20%
EBITDA Margin16%12%16%15%
EBIT Margin12%10%11%11%
Net Margin7%34%7%7%
FCF Margin6%(3%)6%6%

Ball Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth10%(16%)12%10%
Gross Profit Growth11%(9%)6%11%
EBITDA Growth3%(26%)43%3%
EBIT Growth8%(17%)17%18%
Net Profit Growth7%467%(77%)16%
FCF Growth16%(145%)(314%)16%

Data powered by FactSet, Inc. and Morningstar, Inc.

Ball Operational KPIs

Ball's revenue per employee in the last FY averaged $0.8M, while opex per employee averaged $0.1M for the same period.

Ball's Rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Ball's Rule of X is 40% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Ball
LTMLast FY202320242025202620272028
Rule of 4023%25%———
Bessemer Rule of X34%40%———
Revenue per Employee—$0.8M———
Opex per Employee—$0.1M———
Opex to Revenue—9%9%11%9%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
International Paper1.0x1.0x8.2x7.9x
Amcor2.1x1.5x14.6x9.2x
Avery Dennison1.7x1.7x10.7x10.5x
CCL Industries2.1x2.1x9.8x9.9x
Crown Holdings1.3x1.3x7.9x8.0x
Packaging Corporation of America2.5x2.4x12.3x11.7x
Smurfit WestRock1.1x1.1x6.7x6.6x
Dai Nippon Printing0.8x0.8x5.5x7.8x

This data is available for Pro users. Sign up to see all Ball competitors and their valuation data.

Start Free Trial

Ball M&A Activity

Ball has acquired 4 companies to date.

Last acquisition by Ball was on December 10th 2025. Ball acquired Benepack (beverage can manufacturing unit) for $248M (EV/Revenue multiple of ).

See M&A valuation multiples

Latest Acquisitions by Ball

Benepack (beverage can manufacturing unit)
Florida Can Manufacturing
Alucan Entec, S.A.U
Rexam PLC
Description
Benepack operates a beverage can manufacturing unit producing packaging solutions for the beverage industry.
Florida Can Manufacturing is a Rockledge facility producing printed aluminum beverage cans. It fabricates 12-ounce standards, 16-ounce tallboys, 19.2-ounce magnums, and 8.4-ounce slim cans using high-speed presses and decorators. Custom litho printing applies brands for craft beers, seltzers, and soft drinks. The plant supplies regional breweries like Wicked Dolphin and Cigar City from central Florida. Opened in 2016, it emphasizes recyclable packaging with necked-in designs and matte finishes.
Alucan Entec, S.A.U. is a Barcelona-based manufacturer of aluminum monobloc containers with 30 years of production for food, pharma, cosmetics, and aerosol markets. The factory produces 100 million units annually, exporting to 50 countries through a global sales network including partnerships in Europe and Latin America.
Rexam PLC is a London-headquartered manufacturer of rigid packaging for beverages and pharmaceuticals. The company produces aluminum beverage cans for brands including Coca-Cola, Heineken, and Red Bull, with annual production exceeding 40 billion units across 60 plants worldwide. Rexam also fabricates aerosol cans, plastic bottles, and precision-engineered medical devices such as inhalers and drug delivery systems. Following its 2016 acquisition by Ball Corporation for USD 7.7 billion, Rexam operates as Ball Aerospace & Technologies Corp within the larger entity, focusing on sustainable packaging innovations like lightweight cans and recyclable materials.
HQ CountryChinaUnited StatesSpainUnited Kingdom
HQ City
—
Lakeland, FL
Barcelona
London
Deal Date10 Dec 20254 Feb 202531 Oct 202419 Feb 2015
Valuation$248M$160M$88M$8B
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Ball acquisitions and their M&A valuation multiples.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About Ball

When was Ball founded?Ball was founded in 1922.
Where is Ball headquartered?Ball is headquartered in United States.
How many employees does Ball have?As of today, Ball has over 16K employees.
Who is the CEO of Ball?Ball's CEO is Ronald J. Lewis.
Is Ball publicly listed?Yes, Ball is a public company listed on NYSE.
What is the stock symbol of Ball?Ball trades under BALL ticker.
When did Ball go public?Ball went public in 1972.
Who are competitors of Ball?Ball main competitors include International Paper, Amcor, Avery Dennison, CCL Industries, Crown Holdings, Packaging Corporation of America, Smurfit WestRock, Dai Nippon Printing, Sealed Air, SIG Group.
What is the current market cap of Ball?Ball's current market cap is $15B.
What is the current revenue of Ball?Ball's last 12 months revenue is $14B.
What is the current revenue growth of Ball?Ball revenue growth (NTM/LTM) is 8%.
What is the current EV/Revenue multiple of Ball?Current revenue multiple of Ball is 1.6x.
Is Ball profitable?Yes, Ball is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Ball?Ball's last 12 months EBITDA is $2B.
What is Ball's EBITDA margin?Ball's last 12 months EBITDA margin is 15%.
What is the current EV/EBITDA multiple of Ball?Current EBITDA multiple of Ball is 10.5x.
What is the current FCF of Ball?Ball's last 12 months FCF is $813M.
What is Ball's FCF margin?Ball's last 12 months FCF margin is 6%.
What is the current EV/FCF multiple of Ball?Current FCF multiple of Ball is 26.8x.
How many companies Ball has acquired to date?As of May 2026, Ball has acquired 4 companies.
What was the largest acquisition by Ball?$8B acquisition of Rexam PLC on 19th February 2015 was the largest M&A Ball has done to date.
What companies Ball acquired?Ball acquired Rexam PLC, Benepack (beverage can manufacturing unit), Florida Can Manufacturing, and Alucan Entec, S.A.U.
In how many companies Ball has invested to date?Ball hasn't invested in any companies yet (or none have been disclosed publicly).

See public comps similar to Ball

Lists including Ball

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial