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Ardagh Metal Packaging vs BALL: revenue, profit, margins and growth compared

Ardagh Metal Packaging brought in $5.5B of revenue in fiscal 2025, BALL $13.2B in fiscal 2025. Revenue changed by +12.0% at Ardagh Metal Packaging and +11.6% at BALL on the year before, so Ardagh Metal Packaging grew faster. Ardagh Metal Packaging kept 0.2% of its revenue as net profit, BALL 6.9%. Free cash flow was $276M at Ardagh Metal Packaging and $788M at BALL.

Side by side, latest fiscal year

AMBPBALL
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.5B$13.2B
Revenue growth+12.0%+11.6%
Net income$11M$912M
Net margin0.2%6.9%
Free cash flow$276M$788M
Free cash flow margin5.0%6.0%
Earnings per share (diluted)-$0.02$3.30
Cashn/a$1.2B
Debt$4.4B$2M
Price to earningsn/a17.3
Market value$2.6B$15.1B
Dividend yieldn/a1.40%
Rank by revenue in sector#119 of 587 · Industrials#49 of 587 · Industrials

Over the years

Revenue
AMBP FY2019: $3.3BAMBP FY2021: $3.5BAMBP FY2021: $4.1BAMBP FY2022: $4.7BAMBP FY2023: $4.8BAMBP FY2024: $4.9BAMBP FY2025: $5.5BBALL FY2018: $11.6BBALL FY2019: $11.5BBALL FY2020: $11.8BBALL FY2021: $13.8BBALL FY2022: $13.4BBALL FY2023: $12.1BBALL FY2024: $11.8BBALL FY2025: $13.2BFY18FY19FY20FY21FY22FY23FY24FY25
AMBP $5.5BBALL $13.2B
Net income
AMBP FY2019: -$40MAMBP FY2021: $111MAMBP FY2021: -$210MAMBP FY2022: $237MAMBP FY2023: -$50MAMBP FY2024: -$3MAMBP FY2025: $11MBALL FY2018: $454MBALL FY2019: $566MBALL FY2020: $585MBALL FY2021: $878MBALL FY2022: $719MBALL FY2023: $707MBALL FY2024: $4BBALL FY2025: $912MFY18FY19FY20FY21FY22FY23FY24FY25
AMBP $11MBALL $912M
Net margin
AMBP FY2019: -1.2%AMBP FY2021: 3.2%AMBP FY2021: -5.2%AMBP FY2022: 5.1%AMBP FY2023: -1.0%AMBP FY2024: -0.1%AMBP FY2025: 0.2%BALL FY2018: 3.9%BALL FY2019: 4.9%BALL FY2020: 5.0%BALL FY2021: 6.4%BALL FY2022: 5.4%BALL FY2023: 5.9%BALL FY2024: 34.0%BALL FY2025: 6.9%FY18FY19FY20FY21FY22FY23FY24FY25
AMBP 0.2%BALL 6.9%
Revenue growth
AMBP FY2021: +3.2%AMBP FY2021: +17.5%AMBP FY2022: +15.6%AMBP FY2023: +2.6%AMBP FY2024: +2.0%AMBP FY2025: +12.0%BALL FY2019: -1.4%BALL FY2020: +2.7%BALL FY2021: +17.2%BALL FY2022: -3.2%BALL FY2023: -9.8%BALL FY2024: -2.2%BALL FY2025: +11.6%FY19FY20FY21FY22FY23FY24FY25
AMBP +12.0%BALL +11.6%
Free cash flow
AMBP FY2019: $176MAMBP FY2021: $71MAMBP FY2021: -$221MAMBP FY2022: -$380MAMBP FY2023: $248MAMBP FY2024: $283MAMBP FY2025: $276MBALL FY2018: $750MBALL FY2019: $950MBALL FY2020: $319MBALL FY2021: $34MBALL FY2022: -$1.4BBALL FY2023: $818MBALL FY2024: -$369MBALL FY2025: $788MFY18FY19FY20FY21FY22FY23FY24FY25
AMBP $276MBALL $788M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ardagh Metal Packaging and BALL

Which is bigger by revenue, Ardagh Metal Packaging or BALL?

BALL is bigger by revenue: $13.2B in fiscal 2025, against $5.5B for Ardagh Metal Packaging in fiscal 2025.

Which keeps more of its revenue as profit, Ardagh Metal Packaging or BALL?

Ardagh Metal Packaging had a net margin of 0.2% in fiscal 2025; BALL had 6.9% in fiscal 2025.

Which grew revenue faster, Ardagh Metal Packaging or BALL?

In their latest fiscal years revenue changed by +12.0% at Ardagh Metal Packaging and +11.6% at BALL.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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