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Discontinued — last reported Q1 '26

Net debt at other companies

Tenet Healthcare logo
Tenet HealthcareTHC
$13.29B+0.2%
Tenet Healthcare logo
Tenet HealthcareTHC
2.2×-0.1×
Tenet Healthcare logo
Tenet HealthcareTHC
$6.15B+38.2%
Tenet Healthcare logo
Tenet HealthcareTHC
$22.35B+8.6%
Tenet Healthcare logo
Tenet HealthcareTHC
$2.47B+0.2%
Tenet Healthcare logo
Tenet HealthcareTHC
$81M-8.0%

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

Calculated from Ball Corporation’s reported figures.

The official record: Ball Corporation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ball Corporation's net debt?
Ball Corporation (BALL) reported net debt of $7.17B in Q1 2026.
How has Ball Corporation's net debt changed year-over-year?
Ball Corporation's net debt increased by 12.7% year-over-year, from $6.36B to $7.17B.
What is the long-term trend for Ball Corporation's net debt?
Over 5 years (2020 to 2025), Ball Corporation's net debt has grown at a -2.7% compound annual growth rate (CAGR), from $6.74B to $5.89B.
What does net debt mean?
Debt left over after using all the company's cash to pay it down.
How do you interpret net debt?
A negative value means net cash — more cash than debt, a position of strength. The numerator of net-debt/EBITDA, the most common leverage yardstick.
How does net debt compare across companies?
Most informative as net-debt/EBITDA; cash-rich balance sheets can show large total debt yet little or negative net debt.