Ball (BALL) Operating Margin (2009 - 2026)
Ball (BALL) posted quarterly Operating Margin of 13.46% for Q1 2026, down 81.0% year-over-year from 70.85% in Q1 2025, and down 7.3% quarter-over-quarter from 14.52% in Q4 2025.
Ball (BALL) Operating Margin (2009 - 2026) Analysis & Trends
Ball (BALL) has reported Operating Margin for 18 consecutive years, with 13.46% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 81.0% year-over-year to 13.46%; the TTM figure through Mar 2026 stood at 15.34% (up 295.0% YoY), while the FY2025 annual figure was 15.6%, up 395.0% from the prior year.
- Operating Margin eased to 13.46% in Q1 2026 per BALL's latest filing, from 14.52% in the prior quarter.
- Across five years, Operating Margin topped out at 18.53% in Q3 2025 and bottomed at 2.59% in Q2 2022.
- Historically, Operating Margin has averaged 11.83% across 5 years, with a median of 13.46% in 2026.
- Annual changes were most pronounced in 2022 — Operating Margin tumbled 1337 bps — and 2023, when it jumped 1305 bps.
- Ball's Operating Margin stood at 11.97% in 2022, then fell by 14 bps to 10.33% in 2023, then retreated by 28 bps to 7.4% in 2024, then surged by 96 bps to 14.52% in 2025, then fell by 7 bps to 13.46% in 2026.
- Business Quant data shows BALL's Operating Margin at 13.46% in Q1 2026, 14.52% in Q4 2025, and 18.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.81 Bn | 25.13 Bn | 1.40 Bn | 3.85% |
| 2 | Amcor | 22.42 Bn | 21.31 Bn | 1.34 Bn | 10.10% |
| 3 | Packaging Corp Of America | 22.38 Bn | 21.79 Bn | 512.50 Mn | 11.70% |
| 4 | International Paper | 21.94 Bn | 21.21 Bn | 1.66 Bn | 11.14% |
| 5 | Ball | 16.88 Bn | 16.21 Bn | 697.00 Mn | 9.63% |
| 6 | Avery Dennison | 14.10 Bn | 13.87 Bn | 729.40 Mn | 13.59% |
| 7 | Crown Holdings | 12.97 Bn | 12.32 Bn | 748.00 Mn | 12.65% |
| 8 | Sonoco Products | 5.89 Bn | 5.72 Bn | 392.38 Mn | 10.23% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.30 Bn | 245.00 Mn | 14.62% |
| 10 | Silgan Holdings | 4.42 Bn | 4.07 Bn | 294.88 Mn | 9.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.81% |
| Mar 31, 2026 | 13.46% |
| Dec 31, 2025 | 14.52% |
| Sep 30, 2025 | 18.53% |
| Jun 30, 2025 | 14.95% |
| Mar 31, 2025 | 14.27% |
| Dec 31, 2024 | 7.40% |
| Sep 30, 2024 | 13.95% |
| Jun 30, 2024 | 13.62% |
| Mar 31, 2024 | 6.82% |
| Dec 31, 2023 | 10.33% |
| Sep 30, 2023 | 10.45% |
| Jun 30, 2023 | 10.47% |
| Mar 31, 2023 | 8.96% |
| Dec 31, 2022 | 11.97% |
| Sep 30, 2022 | 17.54% |
| Jun 30, 2022 | -2.59% |
| Mar 31, 2022 | 16.42% |
| Dec 31, 2021 | 10.34% |
| Sep 30, 2021 | 6.70% |