vs

Side-by-side financial comparison of Ball Corporation (BALL) and Toll Brothers, Inc. (TOL). Click either name above to swap in a different company.

Ball Corporation is the larger business by last-quarter revenue ($3.6B vs $3.4B, roughly 1.1× Toll Brothers, Inc.). Toll Brothers, Inc. runs the higher net margin — 13.0% vs 5.7%, a 7.4% gap on every dollar of revenue. On growth, Ball Corporation posted the faster year-over-year revenue change (16.3% vs 2.7%). Toll Brothers, Inc. produced more free cash flow last quarter ($772.2M vs $-938.0M). Over the past eight quarters, Toll Brothers, Inc.'s revenue compounded faster (32.6% CAGR vs 10.3%).

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.

Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue. The company is ranked 411th on the Fortune 500.

BALL vs TOL — Head-to-Head

Bigger by revenue
BALL
BALL
1.1× larger
BALL
$3.6B
$3.4B
TOL
Growing faster (revenue YoY)
BALL
BALL
+13.6% gap
BALL
16.3%
2.7%
TOL
Higher net margin
TOL
TOL
7.4% more per $
TOL
13.0%
5.7%
BALL
More free cash flow
TOL
TOL
$1.7B more FCF
TOL
$772.2M
$-938.0M
BALL
Faster 2-yr revenue CAGR
TOL
TOL
Annualised
TOL
32.6%
10.3%
BALL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BALL
BALL
TOL
TOL
Revenue
$3.6B
$3.4B
Net Profit
$205.0M
$446.7M
Gross Margin
24.8%
Operating Margin
16.5%
Net Margin
5.7%
13.0%
Revenue YoY
16.3%
2.7%
Net Profit YoY
14.5%
-6.0%
EPS (diluted)
$0.77
$4.51

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
BALL
BALL
TOL
TOL
Q1 26
$3.6B
Q4 25
$3.3B
$3.4B
Q3 25
$3.4B
$2.9B
Q2 25
$3.3B
$2.7B
Q1 25
$3.1B
$1.9B
Q4 24
$2.9B
$3.3B
Q3 24
$3.1B
$2.7B
Q2 24
$3.0B
$2.8B
Net Profit
BALL
BALL
TOL
TOL
Q1 26
$205.0M
Q4 25
$200.0M
$446.7M
Q3 25
$321.0M
$369.6M
Q2 25
$215.0M
$352.4M
Q1 25
$179.0M
$177.7M
Q4 24
$-30.0M
$475.4M
Q3 24
$199.0M
$374.6M
Q2 24
$159.0M
$481.6M
Gross Margin
BALL
BALL
TOL
TOL
Q1 26
Q4 25
24.8%
Q3 25
25.2%
Q2 25
25.8%
Q1 25
24.7%
Q4 24
26.4%
Q3 24
17.7%
27.2%
Q2 24
16.5%
30.4%
Operating Margin
BALL
BALL
TOL
TOL
Q1 26
Q4 25
7.2%
16.5%
Q3 25
11.6%
16.6%
Q2 25
8.0%
16.4%
Q1 25
7.4%
11.8%
Q4 24
0.2%
18.3%
Q3 24
7.4%
18.2%
Q2 24
6.8%
22.0%
Net Margin
BALL
BALL
TOL
TOL
Q1 26
5.7%
Q4 25
6.0%
13.0%
Q3 25
9.5%
12.6%
Q2 25
6.4%
12.9%
Q1 25
5.8%
9.6%
Q4 24
-1.0%
14.3%
Q3 24
6.5%
13.7%
Q2 24
5.4%
17.0%
EPS (diluted)
BALL
BALL
TOL
TOL
Q1 26
$0.77
Q4 25
$0.73
$4.51
Q3 25
$1.18
$3.73
Q2 25
$0.76
$3.50
Q1 25
$0.63
$1.75
Q4 24
$0.23
$4.61
Q3 24
$0.65
$3.60
Q2 24
$0.51
$4.55

Balance Sheet & Financial Strength

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

Metric
BALL
BALL
TOL
TOL
Cash + ST InvestmentsLiquidity on hand
$730.0M
$1.3B
Total DebtLower is stronger
$7.0B
Stockholders' EquityBook value
$5.6B
$8.3B
Total Assets
$19.8B
$14.5B
Debt / EquityLower = less leverage
1.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BALL
BALL
TOL
TOL
Q1 26
$730.0M
Q4 25
$1.2B
$1.3B
Q3 25
$568.0M
$852.3M
Q2 25
$296.0M
$686.5M
Q1 25
$449.0M
$574.8M
Q4 24
$885.0M
$1.3B
Q3 24
$1.4B
$893.4M
Q2 24
$1.3B
$1.0B
Total Debt
BALL
BALL
TOL
TOL
Q1 26
$7.0B
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
Stockholders' Equity
BALL
BALL
TOL
TOL
Q1 26
$5.6B
Q4 25
$5.4B
$8.3B
Q3 25
$5.4B
$8.1B
Q2 25
$5.2B
$7.9B
Q1 25
$5.5B
$7.8B
Q4 24
$5.9B
$7.7B
Q3 24
$6.7B
$7.4B
Q2 24
$6.9B
$7.3B
Total Assets
BALL
BALL
TOL
TOL
Q1 26
$19.8B
Q4 25
$19.5B
$14.5B
Q3 25
$18.7B
$14.4B
Q2 25
$18.6B
$14.2B
Q1 25
$18.0B
$13.6B
Q4 24
$17.6B
$13.4B
Q3 24
$18.8B
$13.4B
Q2 24
$19.0B
$13.3B
Debt / Equity
BALL
BALL
TOL
TOL
Q1 26
1.25×
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×

Cash Flow & Capital Efficiency

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

Metric
BALL
BALL
TOL
TOL
Operating Cash FlowLast quarter
$800.0M
Free Cash FlowOCF − Capex
$-938.0M
$772.2M
FCF MarginFCF / Revenue
-26.0%
22.6%
Capex IntensityCapex / Revenue
4.5%
0.8%
Cash ConversionOCF / Net Profit
1.79×
TTM Free Cash FlowTrailing 4 quarters
$596.0M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BALL
BALL
TOL
TOL
Q1 26
Q4 25
$1.2B
$800.0M
Q3 25
$384.0M
$370.3M
Q2 25
$332.0M
$362.8M
Q1 25
$-665.0M
$-420.8M
Q4 24
$500.0M
$682.5M
Q3 24
$610.0M
$175.6M
Q2 24
$252.0M
$459.0M
Free Cash Flow
BALL
BALL
TOL
TOL
Q1 26
$-938.0M
Q4 25
$1.0B
$772.2M
Q3 25
$257.0M
$344.9M
Q2 25
$236.0M
$347.3M
Q1 25
$-746.0M
$-438.1M
Q4 24
$393.0M
$664.3M
Q3 24
$493.0M
$149.9M
Q2 24
$146.0M
$442.9M
FCF Margin
BALL
BALL
TOL
TOL
Q1 26
-26.0%
Q4 25
31.1%
22.6%
Q3 25
7.6%
11.7%
Q2 25
7.1%
12.7%
Q1 25
-24.1%
-23.6%
Q4 24
13.6%
19.9%
Q3 24
16.0%
5.5%
Q2 24
4.9%
15.6%
Capex Intensity
BALL
BALL
TOL
TOL
Q1 26
4.5%
Q4 25
5.1%
0.8%
Q3 25
3.8%
0.9%
Q2 25
2.9%
0.6%
Q1 25
2.6%
0.9%
Q4 24
3.7%
0.5%
Q3 24
3.8%
0.9%
Q2 24
3.6%
0.6%
Cash Conversion
BALL
BALL
TOL
TOL
Q1 26
Q4 25
6.05×
1.79×
Q3 25
1.20×
1.00×
Q2 25
1.54×
1.03×
Q1 25
-3.72×
-2.37×
Q4 24
1.44×
Q3 24
3.07×
0.47×
Q2 24
1.58×
0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BALL
BALL

Beverage packaging, North and Central America$1.8B49%
Beverage packaging, EMEA$1.1B31%
Beverage packaging, South America$585.0M16%
Other$131.0M4%

TOL
TOL

Home Building$3.4B100%
Land$9.4M0%

Related Comparisons