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BallBALL +0.56%82 Debt-to-Equity is 1.39 as of Mar. 2026, which is 36% below its 10-year median of 2.18. GuruFocus rates BALL with a GF Score™ of 82/100 and a GF Value™ of $74.02 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 361 Packaging & Containers companies, Ball ranks worse than 90.03% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Ball's Debt-to-Equity or its related term are showing as below:
BALL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79 Med: 2.18 Max: 3.14
Current: 1.39
During the past 13 years, the highest Debt-to-Equity Ratio of Ball was 3.14. The lowest was 0.79. And the median was 2.18.
BALL's Debt-to-Equity is ranked worse than 90.03% of 361
companies
in the Packaging & Containers industry
Industry Median: 0.43
vs BALL: 1.39
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Ball Debt-to-Equity Related Terms
Ball Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ball's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaging & Containers subindustry, Ball's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ball Debt-to-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ball's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ball (BALL) has a Debt-to-Equity of 1.39 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ball and its competitors. This is 36% below median its historical median of 2.18. Over the past decade, Ball's Debt-to-Equity has ranged from 0.79 to 3.14. According to the industry distribution chart, Ball ranks #325 out of 361 companies in the Packaging & Containers industry, placing it in the top 90%.
Is Ball's Debt-to-Equity too high?
Ball's current Debt-to-Equity of 1.39 is 36% below median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.14. The Packaging & Containers industry median Debt-to-Equity is 0.43. Ball's value of 1.39 is 223.3% above this industry median. Based on the distribution chart, Ball ranks #325 out of 361 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Ball has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ball's Debt-to-Equity compare to AMCR and AVY?
According to the Packaging & Containers industry distribution chart, Ball ranks #325 out of 361 companies for Debt-to-Equity. This places Ball in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Ball's value of 1.39 is 223.3% above this benchmark. Historically, Ball's own Debt-to-Equity has ranged from 0.79 to 3.14 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 0.43, Ball has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ball's current Debt-to-Equity of 1.39 is 223.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ball and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ball's current Debt-to-Equity is 1.39, which is 36% below median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ball stock overvalued right now?
Based on GuruFocus' analysis, Ball (BALL) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.02, compared to a current price of $60.80 — trading 17.9% below its estimated fair value. The current Debt-to-Equity is 1.39, which is 36% below median its 10-year median of 2.18 and 223.3% above the Packaging & Containers industry median of 0.43. Ball's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ball (BALL), the current Debt-to-Equity is 1.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ball (BALL) Overvalued in 2026?
Based on GuruFocus' analysis, Ball stock appears to be undervalued.
The current stock price of $60.80 is trading 17.9% below its estimated GF Value™ of $74.02.
GuruFocus considers Ball to be Modestly Undervalued.
Key valuation signals for BALL:
Debt-to-Equity: 1.39 (36% below median its 10-year median of 2.18)
GF Value™: $74.02 vs. price of $60.80 (17.9% below fair value)
Industry Position: 223.3% above the Packaging & Containers median (#325 of 361)
No single metric tells the full story. See the BALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ball is the world's largest metal can manufacturer with market share over 30% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments—beverage packaging, North and Central America (48% of 2025 revenue), beverage packaging, EMEA (30%), beverage packaging, South America (16%)—and it generated $13 billion in revenue in 2025.
82GF Score
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