Ball (BALL) Operating Expenses (2009 - 2026)
Ball's Operating Expenses was $312 million in Q2 2026, up 17.3% from $266 million a year earlier and up 10.2% from the prior quarter.
Ball (BALL) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ball's Operating Expenses was $1.05 billion through Jun 30, 2026, down 23.5% year-over-year; for FY2025, it came in at $999 million, down 34.6% from FY2024.
- Operating Expenses has now declined for three consecutive years, with a five-year compound annual growth rate of -37.9% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $1.53 billion in FY2024 (-88.0%), $12.76 billion in FY2023 (-9.8%), $14.14 billion in FY2022 (+12.9%) and $12.52 billion in FY2021 (+16.2%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q4 2024.
- Compared with a year earlier, Operating Expenses was higher in two of the last eight quarters, with an average decline of 43.8%.
- The best year-over-year quarter for Operating Expenses over five years was Q2 2022 (growth of 37.4%); the worst was Q2 2024 (a decline of 90.3%).
- Per Business Quant data, BALL's Operating Expenses in the three quarters before Q2 2026 was $283 million (Q1 2026), $284 million (Q4 2025) and $173 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 1.09 Bn |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | 991.00 Mn |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 179.30 Mn |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 646.00 Mn |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 249.00 Mn |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 202.18 Mn |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 144.94 Mn |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 186.00 Mn |
| 10 | Ardagh Metal Packaging | 2.63 Bn | 2.64 Bn | 238.00 Mn | -87.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 312.00 Mn |
| Mar 31, 2026 | 283.00 Mn |
| Dec 31, 2025 | 284.00 Mn |
| Sep 30, 2025 | 173.00 Mn |
| Jun 30, 2025 | 266.00 Mn |
| Mar 31, 2025 | 276.00 Mn |
| Dec 31, 2024 | 493.00 Mn |
| Sep 30, 2024 | 340.00 Mn |
| Jun 30, 2024 | 315.00 Mn |
| Mar 31, 2024 | 2.68 Bn |
| Dec 31, 2023 | 3.10 Bn |
| Sep 30, 2023 | 3.25 Bn |
| Jun 30, 2023 | 3.25 Bn |
| Mar 31, 2023 | 2.71 Bn |
| Dec 31, 2022 | 3.36 Bn |
| Sep 30, 2022 | 3.43 Bn |
| Jun 30, 2022 | 4.24 Bn |
| Mar 31, 2022 | 3.11 Bn |
| Dec 31, 2021 | 3.29 Bn |
| Sep 30, 2021 | 3.32 Bn |
Ball Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BALL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BALL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BALL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();