Ball (MIL:1BALL) Operating Margin %: 9.35% (As of Mar. 2026) — Near Median


MIL:1BALL Ball Corp MIL:1BALL
85 GF Score
Price €42.36
GF Value €50.82
! 3 Warning Signs
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What is Ball Operating Margin %?

Ball MIL:1BALL 85 Operating Margin % is 9.35% as of Mar. 2026, which is 5% below its 10-year median of 9.87. GuruFocus rates MIL:1BALL with a GF Score™ of 85/100 and a GF Value™ of €50.82. The stock has 3 warning signs investors should review. Among 393 Packaging & Containers companies, Ball ranks better than 79.39% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ball's Operating Income for the three months ended in Mar. 2026 was €292 Mil. Ball's Revenue for the three months ended in Mar. 2026 was €3,117 Mil. Therefore, Ball's Operating Margin % for the quarter that ended in Mar. 2026 was 9.35%.

The historical rank and industry rank for Ball's Operating Margin % or its related term are showing as below:

MIL:1BALL' s Operating Margin % Range Over the Past 10 Years
Min: 8.23   Med: 9.87   Max: 10.74
Current: 10.41


MIL:1BALL's Operating Margin % is ranked better than
79.39% of 393 companies
in the Packaging & Containers industry
Industry Median: 5.24 vs MIL:1BALL: 10.41

Ball's 5-Year Average Operating Margin % Growth Rate was -0.10% per year.

Ball's Operating Income for the three months ended in Mar. 2026 was €292 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €1,222 Mil.


Ball  (MIL:1BALL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ball Operating Margin % Related Terms


Ball Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ball's Operating Margin % 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.

Ball Operating Margin % Chart

Ball Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 8.23 9.71 10.03 10.56

Ball Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.85 10.67 11.54 10.13 9.35

MIL:1BALL vs AVY, IP, AMCR: Operating Margin % Comparison

For the Packaging & Containers subindustry, Ball's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ball's Operating Margin % falls into.


MIL:1BALL
85GF Score
Ball Corp MIL:1BALL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ball Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ball's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1187.06 / 11239.494
=10.56 %

Ball's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=291.505 / 3116.595
=9.35 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 9.35% mean?
Ball (MIL:1BALL) has a Operating Margin % of 9.35% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ball and its competitors. This is near median its historical median of 9.87. Over the past decade, Ball's Operating Margin % has ranged from 8.23 to 10.74. According to the industry distribution chart, Ball ranks #81 out of 393 companies in the Packaging & Containers industry, placing it in the top 20.6%.
Is Ball's Operating Margin % too high?
Ball's current Operating Margin % of 9.35% is near median its 10-year median of 9.87. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 10.74. The Packaging & Containers industry median Operating Margin % is 5.24. Ball's value of 9.35% is 78.4% above this industry median. Based on the distribution chart, Ball ranks #81 out of 393 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Ball has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Ball's Operating Margin % compare to AVY and IP?
According to the Packaging & Containers industry distribution chart, Ball ranks #81 out of 393 companies for Operating Margin %. This places Ball in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.24. Ball's value of 9.35% is 78.4% above this benchmark. Historically, Ball's own Operating Margin % has ranged from 8.23 to 10.74 over the past decade. While the company's 10-year median is 9.87 vs. the industry median of 5.24, 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 Operating Margin % for a Packaging & Containers company?
The median Operating Margin % among Packaging & Containers companies is 5.24, based on 393 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ball's current Operating Margin % of 9.35% is 78.4% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Ball and its competitors. For the Packaging & Containers industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ball's current Operating Margin % is 9.35%, which is near median its own 10-year median of 9.87. 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?
Ball (MIL:1BALL) has a current Operating Margin % of 9.35%. The stock's GF Value™ is €50.82, compared to a current price of €42.36 — trading 16.6% below its estimated fair value. The current Operating Margin % is 9.35%, which is near median its 10-year median of 9.87 and 78.4% above the Packaging & Containers industry median of 5.24. Ball's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Ball (MIL:1BALL), the current Operating Margin % is 9.35% 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 (MIL:1BALL) Overvalued in 2026?

Based on GuruFocus' analysis, Ball stock appears to be undervalued. The current stock price of €42.36 is trading 16.6% below its estimated GF Value™ of €50.82.

Key valuation signals for MIL:1BALL:

  • Operating Margin %: 9.35% (near median its 10-year median of 9.87)
  • GF Value™: €50.82 vs. price of €42.36 (16.6% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 78.4% above the Packaging & Containers median (#81 of 393)

No single metric tells the full story. See the MIL:1BALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ball Business Description

Address 9200 West 108th Circle, Westminster, CO, USA, 80021
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.
85GF Score

Get the complete analysis for MIL:1BALL

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.36
Price
€50.82
GF Value