BALL Corp

Company facts

Industry

Metal Cans

Headquarters

Westminster, Colorado

Most recent report

10-Q, filed Aug 4, 2026

Incorporated

Indiana

Filings on record

1,000+ filings

On EDGAR

CIK 9389

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 13 sections worth reading, with 0 positive, 3 notable, and 4 negative flags.

• Financial Statements (Item 1)

  Full financials with key liquidity, M&A, and covenant changes.
  Notable

  • Leverage covenant step-down to 4.5x delayed to March 31, 2027 from 2026.
  • UK pension buy-out in Q3 2026 will trigger $454M noncash settlement charge.
  Negative

  • Equity-linked notes lost $27M in six months; fair value fell to $73M from $101M.

• Management's Discussion (Item 2)

  Company-specific operational and liquidity details with concrete numbers.
  Notable

  • Share repurchases dropped to $115M in H1 2026 from $1.02B in H1 2025; $2.82B remains under the $4B authorization.
  Negative

  • Cost of sales margin increased to 83% of sales in Q2 2026 from 81%, squeezing gross margin despite higher sales.
  • Operating cash flow was negative $169M in H1 2026, driven by a $1.01B working capital outflow.
  • Debt covenant leverage ratio will tighten to 4.5x as of March 31, 2027, from the current 5.0x limit.

What changed: Jun 2026 vs. Mar 2026

About 8% of BALL's Jun 2026 10-Q is new information. 15 paragraphs were added, 117 changed, and 17 removed. Below are the most important lines SECSift identified.

• Item 1 42
• Item 2 39
• Item 4 2
• Item 1A 1
• Item 3 1
• Item 5 1