Ball Corporation (BALL)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 837,000 | 1,067,000 | 1,096,000 | 1,148,000 | 1,218,000 | 1,090,000 | 1,294,000 | 1,329,000 | 1,673,000 | 1,870,000 | 1,575,000 | 1,590,000 | 1,279,000 | 1,201,000 | 1,337,000 | 1,139,000 | 954,000 | 865,000 | 695,000 | 827,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 11.21% | 15.97% | 15.85% | 15.71% | 32.32% | 27.20% | 33.14% | 36.52% | 47.43% | 53.75% | 45.45% | 40.79% | 34.71% | 31.90% | 36.13% | 32.05% | 28.59% | 29.29% | 24.56% | 30.63% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $837,000K ÷ ($—K + $7,469,000K)
= 11.21%
Return on total capital is a key financial ratio that provides insight into how effectively Ball Corporation is utilizing its capital to generate profits. The trend analysis of Ball Corporation's return on total capital over the past few years shows fluctuations in performance.
The return on total capital for Ball Corporation has been relatively high, ranging from a low of 11.21% at the end of December 2024 to a peak of 53.75% at the end of September 2022. This indicates that the company has been efficient in generating returns for its capital investments.
It is important to note that there has been some volatility in the return on total capital figures, with fluctuations in performance from period to period. For example, the return on total capital increased significantly from March 31, 2022, to June 30, 2022, but then decreased sharply by September 30, 2022.
Overall, despite some fluctuations, Ball Corporation has generally shown strong performance in terms of return on total capital, demonstrating its ability to generate profits from its invested capital. Monitoring this ratio closely can provide valuable insights into the company's financial health and efficiency in capital utilization.
Peer comparison
Dec 31, 2024