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Ball Corporation BALL Aerospace And Technologies — Goodwill

Discontinued — last reported Q4 '23

Other segment segments

Metal Beverage Packaging Europe
$1.49B+10.6%
Metal Beverage Packaging South America
$1.3B0.0%
Metal Beverage Packaging North And Central America
$1.28B0.0%

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Other financials

Income statement

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Revenue$3.6B+16.3%
Gross profit$646.0M+7.0%
Operating income$196.0M-26.6%
Net income$205.0M+14.5%
EPS (diluted)$0.77+22.2%

Balance sheet

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Cash & equivalents$730.0M+62.6%
Total debt$7.9B+16.0%
Total equity$5.6B+1.8%
Total assets$19.8B+9.6%

Cash flow

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Operating cash flow-$777.0M-16.8%
CapEx$161.0M+98.8%
Free cash flow-$938.0M-25.7%

Valuation

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Market cap$15.37B+7.0%
Enterprise value$22.53B+8.7%
P/E16.3×-12.0×
P/S1.1×-0.1×

Profitability

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Gross margin19.2%-1.2pp
Operating margin9.6%+2.1pp
Net margin6.9%+2.7pp

Returns & leverage

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Return on equity17%+9.0pp
Debt / equity1.4×+0.2×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Ball Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Ball Corporation’s 10-K, filed February 20, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ball Corporation's aerospace and technologies — goodwill?
Ball Corporation (BALL) reported aerospace and technologies — goodwill of $40M in Q4 2023.
How has Ball Corporation's aerospace and technologies — goodwill changed year-over-year?
Ball Corporation's aerospace and technologies — goodwill decreased by 0.0% year-over-year, from $40M to $40M.
What is the long-term trend for Ball Corporation's aerospace and technologies — goodwill?
Over 2 years (2021 to 2023), Ball Corporation's aerospace and technologies — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $160M to $160M.
What does aerospace and technologies — goodwill mean?
The excess value paid for the segment during an acquisition, representing intangible assets.
How do you interpret aerospace and technologies — goodwill?
Stable or growing goodwill is generally neutral, but a sudden decrease signals an impairment charge, indicating that the segment's value has declined.
How does aerospace and technologies — goodwill compare across companies?
Standard balance sheet item for any company that has grown through acquisitions; peers will report this in their segment assets.