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Dec 31, 2024

Ball Q4 2024 Earnings Report

Ball's fourth quarter results reflected a net loss, but comparable EPS beat expectations, driven by strong performance in the EMEA and South America beverage packaging segments.

Key Takeaways

Ball Corporation reported a net loss of $32 million for Q4 2024, but achieved comparable earnings per diluted share of 84 cents, exceeding expectations. Full-year earnings were strong, with $13.00 GAAP EPS and $3.17 comparable EPS. The company returned $1.96 billion to shareholders in 2024 and is positioned for future growth in sustainable aluminum packaging.

Q4 2024 net loss attributable to the corporation was $32 million, or a loss of 11 cents per share.

Q4 2024 comparable earnings were 84 cents per diluted share, compared to 78 cents in Q4 2023.

Full-year 2024 net earnings attributable to the corporation were $4.01 billion, or $13.00 per share.

Returned $1.96 billion to shareholders via share repurchases and dividends in 2024.

Total Revenue
$2.88B
Previous year: $3.4B
-15.4%
EPS
$0.84
Previous year: $0.78
+7.7%
Gross Profit
$591M
Previous year: $699M
-15.5%
Cash and Equivalents
$885M
Previous year: $695M
+27.3%
Free Cash Flow
$393M
Previous year: $521M
-24.6%
Total Assets
$17.6B
Previous year: $19.3B
-8.7%

Ball

Ball

Ball Revenue by Segment

Forward Guidance

Ball Corporation is positioned to deliver on its algorithm and exceed 10 percent comparable diluted earnings per share growth in 2025, generate strong free cash flow and EVA, while also returning significant value to shareholders through a combination of share repurchases and dividends.

Revenue & Expenses

Visualization of income flow from segment revenue to net income