Ball Corporation (BALL)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,008,000 | 707,000 | 719,000 | 878,000 | 585,000 |
| Total stockholders’ equity | US$ in thousands | 5,930,000 | 3,769,000 | 3,527,000 | 3,685,000 | 3,337,000 |
| ROE | 67.59% | 18.76% | 20.39% | 23.83% | 17.53% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,008,000K ÷ $5,930,000K
= 67.59%
The return on equity (ROE) of Ball Corporation has shown variability over the past five years. In December 31, 2020, the ROE was at 17.53%, indicating that for every dollar of shareholders' equity, the company generated a return of 17.53%. This figure increased to 23.83% in December 31, 2021, suggesting improved efficiency in generating profits from equity.
Subsequently, the ROE declined to 20.39% in December 31, 2022, and further decreased to 18.76% in December 31, 2023. These reductions may indicate challenges in maintaining previous levels of profitability relative to equity investment.
The most significant change occurred in December 31, 2024, where the ROE surged dramatically to 67.59%. This substantial increase could be attributed to various factors such as increased profitability, more efficient use of equity, or changes in the capital structure.
Overall, the fluctuation in ROE for Ball Corporation suggests varying levels of profitability and efficiency in utilizing shareholders' equity over the analyzed period, with potential opportunities for further examination and understanding of the company's financial performance.
Peer comparison
Dec 31, 2024