Ball Corporation

Demand is anchored by steady global consumption of beer, CSDs and energy drinks, with secular tailwinds from sustainability and aluminum’s high circularity. Ball posted shipment growth of 2.6 percent in Q1 and 4.1 percent in Q2 2025, and increased full‑year comparable EPS growth guidance to 12–15 percent.

Recurring, multi‑year contracts with large customers and commodity pass‑throughs support visibility, though working capital swings can make free cash flow lumpy intra‑year. Predictability is good for a manufacturing business, albeit below the level of toll‑booth networks.