Ball vs O-I Glass
Ball reported revenue of $13.2 billion in fiscal 2025, 2.0 times O-I Glass' $6.4 billion in fiscal 2025. Ball's revenue grew 11.6% in its latest year, and O-I Glass' fell 1.6%. Free cash flow was $788 million at Ball and $168 million at O-I Glass.
Side by side
| Ball | O-I Glass | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $13.2B | $6.4B |
| Revenue growth | 11.6% | −1.6% |
| Revenue growth a year, last 5 years | 2.2% | 1.1% |
| Gross margin | — | 17.3% |
| Operating margin | — | — |
| Net margin | 7.0% | −2.0% |
| Free cash flow | $788M | $168M |
| Free cash flow margin | 6.0% | 2.6% |
| Return on capital | 10.3% | 4.2% |
| Net debt to EBITDA | 2.8x | 5.5x |
| Dividends and buybacks | $1.5B | $40M |
| Change in diluted share count | −10.5% | −0.7% |
| Last close | $64.45 | $6.44 |
| P/E at the last close | 18.3× | — |
| Insider trades, last 12 months | bought $100,055, sold $2.3 million | bought $279,482, sold $0 |
| Piotroski F-score | 6 of 8 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BallO-I Glass
Operating margin
Percent of revenue
BallO-I Glass
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BallO-I Glass