Ball (BALL) Return on Invested Capital [ROIC] (2010 - 2026)
Ball (BALL) posted Return on Invested Capital [ROIC] of 9.59% for Q2 2026, up 2.58 percentage points from 7.01% a year earlier but down 0.21 percentage points from the prior quarter.
Ball (BALL) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Ball's Return on Invested Capital [ROIC] came in at 10.34%, up 4.62 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +2.53 percentage points (FY2020 to FY2025).
- In prior years, Ball's Return on Invested Capital [ROIC] was 5.72% in FY2024 (-2.08 pp), 7.80% in FY2023 (-0.39 pp), 8.19% in FY2022 (-1.48 pp) and 9.67% in FY2021 (+1.86 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 5.27% in Q1 2023 to a high of 11.10% in Q1 2022 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last five quarters, with an average year-over-year change of +1.43 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2025, with a gain of 4.32 percentage points; the weakest was Q1 2023, with a drop of 5.83 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 9.80% (Q1 2026), 9.91% (Q4 2025) and 8.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 22.31 Bn | 19.24 Bn | 1.40 Bn | 3.13% |
| 2 | Packaging Corp Of America | 20.37 Bn | 17.90 Bn | 512.50 Mn | 9.07% |
| 3 | International Paper | 20.05 Bn | 15.94 Bn | 1.66 Bn | 7.47% |
| 4 | Amcor | 19.36 Bn | 14.79 Bn | 1.34 Bn | 6.12% |
| 5 | Ball | 14.92 Bn | 11.94 Bn | 697.00 Mn | 9.59% |
| 6 | Crown Holdings | 11.54 Bn | 8.86 Bn | 748.00 Mn | 12.67% |
| 7 | Sonoco Products | 4.82 Bn | 3.82 Bn | 392.38 Mn | 9.99% |
| 8 | Silgan Holdings | 3.68 Bn | 1.43 Bn | 294.88 Mn | 5.53% |
| 9 | Ardagh Metal Packaging | 2.66 Bn | 2.67 Bn | 238.00 Mn | 8.43% |
| 10 | Graphic Packaging Holding | 2.60 Bn | 1.83 Bn | 292.00 Mn | 4.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.59% |
| Mar 31, 2026 | 9.80% |
| Dec 31, 2025 | 9.91% |
| Sep 30, 2025 | 8.11% |
| Jun 30, 2025 | 7.01% |
| Mar 31, 2025 | 6.56% |
| Dec 31, 2024 | 5.59% |
| Sep 30, 2024 | 6.62% |
| Jun 30, 2024 | 6.30% |
| Mar 31, 2024 | 6.70% |
| Dec 31, 2023 | 7.11% |
| Sep 30, 2023 | 5.85% |
| Jun 30, 2023 | 8.15% |
| Mar 31, 2023 | 5.27% |
| Dec 31, 2022 | 7.88% |
| Sep 30, 2022 | 9.73% |
| Jun 30, 2022 | 7.75% |
| Mar 31, 2022 | 11.10% |
| Dec 31, 2021 | 9.21% |
| Sep 30, 2021 | 8.51% |
Ball Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BALL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BALL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();