Form 10-Q · Quarterly report
Ball Corporation 10-Q, filed Aug 4, 2026
- Filed
- CIK
- 0000009389
- Accession no.
- 0001104659-26-090226
Summary
Ball Corporation reported second-quarter 2026 net sales of $3.997 billion and net earnings attributable to the company of $221 million, up from $3.338 billion and $212 million in the same period of 2025, with growth attributed mainly to higher aluminum prices and higher volumes. For the six months ended June 30, 2026, net sales were $7.600 billion and net earnings $426 million, and the company said it is pursuing operational excellence initiatives intended to lower fixed and variable costs and improve results in 2027 and beyond.
Key points
- Second-quarter 2026 sales rose $659 million year over year, including $542 million from price/mix mainly tied to higher aluminum prices, $65 million from higher volume and $131 million from currency translation over six months.
- Cost of sales excluding depreciation and amortization was $3.300 billion in the quarter, or 83% of consolidated net sales, versus 81% a year earlier, driven by higher raw material costs.
- The effective tax rate was 23.4% for the quarter and 23.7% for the six months, up from 22.8% and 22.9% in 2025, mainly due to increased non-U.S. rate differences and U.S. taxes on foreign income.
- Ball said it is monitoring geopolitical conflicts that could raise input costs for energy, transportation and aluminum and could materially affect results.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. MANAGEMENT’S DISCUSSION OVERVIEW Business Overview and Industry Trends Ball Corporation is one of the world’s leading aluminum packaging suppliers. With a growth mindset and by pursuing operational excellence, we lean on our competitive strengths to reach our financial goals. We are focused on maintaining our strong financial position by listening to and partnering with our global customers, delivering operational efficiencies and an innovative product portfolio from our best-in-class manufacturing facilities and returning value to shareholders via share repurchases and dividends. …
An excerpt of the text as filed with the SEC, cut for length.
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