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Side-by-side financial comparison of American Resources Corp (AREC) and Ball Corporation (BALL). Click either name above to swap in a different company.

Ball Corporation is the larger business by last-quarter revenue ($3.3B vs $165, roughly 20284848.5× American Resources Corp). Ball Corporation runs the higher net margin — 6.0% vs -4667098.8%, a 4667104.8% gap on every dollar of revenue. On growth, Ball Corporation posted the faster year-over-year revenue change (16.2% vs -99.9%). Over the past eight quarters, Ball Corporation's revenue compounded faster (7.9% CAGR vs -99.5%).

REX American Resources Corp. is an American producer and retailer of ethanol, distillers grains and natural gas as well as a holding company in energy entities. It was founded in 1980 and is headquartered in Dayton, Ohio. The company has the entire ownership of three affiliated corporations including Rex Radio and Television, Inc., Stereo Town, Inc. and Kelly & Cohen Appliances, Inc. As of 2012, the company has the ownership of 22 national retail stores and invested in five ethanol production...

Ball Corporation is a leading global provider of innovative, sustainable aluminum packaging solutions for beverage, personal care, and household product brands. It also operates an aerospace segment that delivers advanced technologies, systems, and services to government and commercial customers worldwide, prioritizing environmental responsibility and product reliability across all operations.

AREC vs BALL — Head-to-Head

Bigger by revenue
BALL
BALL
20284848.5× larger
BALL
$3.3B
$165
AREC
Growing faster (revenue YoY)
BALL
BALL
+116.1% gap
BALL
16.2%
-99.9%
AREC
Higher net margin
BALL
BALL
4667104.8% more per $
BALL
6.0%
-4667098.8%
AREC
Faster 2-yr revenue CAGR
BALL
BALL
Annualised
BALL
7.9%
-99.5%
AREC

Income Statement — Q3 2025 vs Q4 2025

Metric
AREC
AREC
BALL
BALL
Revenue
$165
$3.3B
Net Profit
$-7.7M
$200.0M
Gross Margin
-41374.5%
Operating Margin
-2656743.0%
7.2%
Net Margin
-4667098.8%
6.0%
Revenue YoY
-99.9%
16.2%
Net Profit YoY
27.5%
766.7%
EPS (diluted)
$-0.05
$0.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AREC
AREC
BALL
BALL
Q4 25
$3.3B
Q3 25
$165
$3.4B
Q2 25
$3.3B
Q1 25
$31.9K
$3.1B
Q4 24
$49.7K
$2.9B
Q3 24
$235.4K
$3.1B
Q2 24
$4.1K
$3.0B
Q1 24
$94.0K
$2.9B
Net Profit
AREC
AREC
BALL
BALL
Q4 25
$200.0M
Q3 25
$-7.7M
$321.0M
Q2 25
$215.0M
Q1 25
$-6.7M
$179.0M
Q4 24
$-14.6M
$-30.0M
Q3 24
$-10.6M
$199.0M
Q2 24
$-7.0M
$159.0M
Q1 24
$-7.0M
$3.7B
Gross Margin
AREC
AREC
BALL
BALL
Q4 25
Q3 25
-41374.5%
Q2 25
Q1 25
-470.0%
Q4 24
Q3 24
-85.8%
17.7%
Q2 24
16.5%
Q1 24
-938.6%
16.6%
Operating Margin
AREC
AREC
BALL
BALL
Q4 25
7.2%
Q3 25
-2656743.0%
11.6%
Q2 25
8.0%
Q1 25
-15608.8%
7.4%
Q4 24
-21019.9%
0.2%
Q3 24
-3750.1%
7.4%
Q2 24
-152122.5%
6.8%
Q1 24
-7158.3%
6.8%
Net Margin
AREC
AREC
BALL
BALL
Q4 25
6.0%
Q3 25
-4667098.8%
9.5%
Q2 25
6.4%
Q1 25
-20847.7%
5.8%
Q4 24
-29402.3%
-1.0%
Q3 24
-4513.4%
6.5%
Q2 24
-170873.1%
5.4%
Q1 24
-7467.8%
128.3%
EPS (diluted)
AREC
AREC
BALL
BALL
Q4 25
$0.73
Q3 25
$-0.05
$1.18
Q2 25
$0.76
Q1 25
$-0.08
$0.63
Q4 24
$0.23
Q3 24
$-0.14
$0.65
Q2 24
$0.51
Q1 24
$-0.09
$11.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AREC
AREC
BALL
BALL
Cash + ST InvestmentsLiquidity on hand
$2.1M
$1.2B
Total DebtLower is stronger
$7.0B
Stockholders' EquityBook value
$-80.7M
$5.4B
Total Assets
$202.4M
$19.5B
Debt / EquityLower = less leverage
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AREC
AREC
BALL
BALL
Q4 25
$1.2B
Q3 25
$2.1M
$568.0M
Q2 25
$296.0M
Q1 25
$24.6K
$449.0M
Q4 24
$1.2M
$885.0M
Q3 24
$991.7K
$1.4B
Q2 24
$554.4K
$1.3B
Q1 24
$1.7B
Total Debt
AREC
AREC
BALL
BALL
Q4 25
$7.0B
Q3 25
$6.9B
Q2 25
$6.5B
Q1 25
$6.1B
Q4 24
$5.3B
Q3 24
$5.4B
Q2 24
$5.5B
Q1 24
$5.5B
Stockholders' Equity
AREC
AREC
BALL
BALL
Q4 25
$5.4B
Q3 25
$-80.7M
$5.4B
Q2 25
$5.2B
Q1 25
$-84.1M
$5.5B
Q4 24
$-79.5M
$5.9B
Q3 24
$-51.8M
$6.7B
Q2 24
$-44.1M
$6.9B
Q1 24
$-52.2M
$7.3B
Total Assets
AREC
AREC
BALL
BALL
Q4 25
$19.5B
Q3 25
$202.4M
$18.7B
Q2 25
$18.6B
Q1 25
$203.6M
$18.0B
Q4 24
$205.9M
$17.6B
Q3 24
$211.6M
$18.8B
Q2 24
$195.5M
$19.0B
Q1 24
$216.1M
$19.9B
Debt / Equity
AREC
AREC
BALL
BALL
Q4 25
1.29×
Q3 25
1.26×
Q2 25
1.24×
Q1 25
1.12×
Q4 24
0.91×
Q3 24
0.80×
Q2 24
0.80×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AREC
AREC
BALL
BALL
Operating Cash FlowLast quarter
$-8.0M
$1.2B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
31.1%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
6.05×
TTM Free Cash FlowTrailing 4 quarters
$788.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AREC
AREC
BALL
BALL
Q4 25
$1.2B
Q3 25
$-8.0M
$384.0M
Q2 25
$332.0M
Q1 25
$-1.4M
$-665.0M
Q4 24
$-3.7M
$500.0M
Q3 24
$-4.3M
$610.0M
Q2 24
$-8.5M
$252.0M
Q1 24
$-4.8M
$-1.2B
Free Cash Flow
AREC
AREC
BALL
BALL
Q4 25
$1.0B
Q3 25
$257.0M
Q2 25
$236.0M
Q1 25
$-746.0M
Q4 24
$393.0M
Q3 24
$-4.8M
$493.0M
Q2 24
$146.0M
Q1 24
$-1.4B
FCF Margin
AREC
AREC
BALL
BALL
Q4 25
31.1%
Q3 25
7.6%
Q2 25
7.1%
Q1 25
-24.1%
Q4 24
13.6%
Q3 24
-2045.0%
16.0%
Q2 24
4.9%
Q1 24
-48.7%
Capex Intensity
AREC
AREC
BALL
BALL
Q4 25
5.1%
Q3 25
3.8%
Q2 25
2.9%
Q1 25
2.6%
Q4 24
3.7%
Q3 24
205.0%
3.8%
Q2 24
3.6%
Q1 24
5.4%
Cash Conversion
AREC
AREC
BALL
BALL
Q4 25
6.05×
Q3 25
1.20×
Q2 25
1.54×
Q1 25
-3.72×
Q4 24
Q3 24
3.07×
Q2 24
1.58×
Q1 24
-0.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AREC
AREC

Segment breakdown not available.

BALL
BALL

Transferred Over Time$2.7B82%
Transferred At Point In Time$602.0M18%

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