Ball Corporation (BALL)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -687,000 | -501,000 | -495,000 | -480,000 | 707,000 | 608,000 | 797,000 | 450,000 | 719,000 | 961,000 | 748,000 | 1,124,000 | 878,000 | 808,000 | 870,000 | 762,000 | 585,000 | 518,000 | 369,000 | 472,000 |
| Total stockholders’ equity | US$ in thousands | 7,469,000 | 6,683,000 | 6,913,000 | 7,308,000 | 3,769,000 | 4,008,000 | 3,905,000 | 3,639,000 | 3,527,000 | 3,479,000 | 3,465,000 | 3,898,000 | 3,685,000 | 3,765,000 | 3,701,000 | 3,554,000 | 3,337,000 | 2,953,000 | 2,830,000 | 2,700,000 |
| ROE | -9.20% | -7.50% | -7.16% | -6.57% | 18.76% | 15.17% | 20.41% | 12.37% | 20.39% | 27.62% | 21.59% | 28.84% | 23.83% | 21.46% | 23.51% | 21.44% | 17.53% | 17.54% | 13.04% | 17.48% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-687,000K ÷ $7,469,000K
= -9.20%
The return on equity (ROE) for Ball Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
- The ROE started at 17.48% in March 2020 and experienced some variability, but generally stayed above 10% until the end of 2022.
- There was a notable increase in ROE from March 2022 to June 2022, reaching 28.84%, but it declined in the subsequent quarters.
- However, starting from March 2023, the ROE dropped significantly, entering negative territory by the end of 2024.
These fluctuations in ROE indicate varying levels of profitability generated by the company in relation to its shareholders' equity during the period under review. It is essential for stakeholders to monitor these changes closely and assess the underlying factors impacting the company's financial performance.
Peer comparison
Dec 31, 2024