BALL vs. HMY: Ball vs. Harmony Gold Mining Stock Comparison

November 11, 2026

How do Ball (BALL) and Harmony Gold Mining (HMY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Ball (BALL) and Harmony Gold Mining (HMY) both fall under the Materials industry group, but BALL is classified in Containers & Packaging while HMY is classified in Metals & Mining.

Ball (BALL) trades as ordinary local shares, while Harmony Gold Mining (HMY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Ball (BALL) and Harmony Gold Mining (HMY)
Profile Item	BALL	HMY
Name	Ball Corporation	Harmony Gold Mining Company Limited - Depositary Receipt (Common Stock)
Country/Region	United States	South Africa
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Containers & Packaging	Metals & Mining
GICS Sub-Industry	Metal, Glass & Plastic Containers	Gold
Market Capitalization	17.16 billion USD	10.77 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	May 17, 1994
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

BALL

HMY

GSPC

Ball (BALL) vs. Harmony Gold Mining (HMY), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Ball (BALL) and Harmony Gold Mining (HMY). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Ball (BALL) and Harmony Gold Mining (HMY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
Total Return (1Y)	38.59%	10.98%
Total Return (3Y, Annualized)	12.78%	60.07%
Total Return (5Y, Annualized)	-4.75%	39.44%

Risk Profile

Drawdown History

BALL

HMY

GSPC

Ball (BALL) vs. Harmony Gold Mining (HMY), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Ball (BALL) and Harmony Gold Mining (HMY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
Volatility (1Y, Annualized)	27.54%	63.56%
Beta (5Y)	0.94	1.08
Max Drawdown (5Y)	-54.87%	-62.48%
Avg. Volume (3M)	2.12M	3.68M

Risk-Adjusted Performance

Risk-Return Positioning

BALL and HMY are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
Sharpe Ratio (1Y)	1.25	0.11
Sortino Ratio (1Y)	2.02	0.15

Profitability

ROE (TTM)

Harmony Gold Mining (HMY) at 48.05% sits in the top ROE quartile, while Ball (BALL) at 9.49% is closer to the peer norm — stronger capital efficiency for HMY.

BALL

Materials industry group

9.49%

Max: 52.88%
Q3: 19.49%
BALL: 9.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

HMY

Materials industry group

48.05%

Max: 52.88%
HMY: 48.05%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Harmony Gold Mining (HMY) at 29.57% retains a top-quartile share of revenue as profit, ahead of Ball (BALL) at 3.52%, which keeps about the industry-typical share.

BALL

Materials industry group

3.52%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
BALL: 3.52%
Q1: 0.00%
Min: -20.40%

HMY

Materials industry group

29.57%

Max: 38.66%
HMY: 29.57%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Harmony Gold Mining (HMY) at 47.18% operates in the top operating margin quartile, ahead of Ball (BALL) at 9.67%, which runs around its industry’s norm.

BALL

Materials industry group

9.67%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
BALL: 9.67%
Q1: 3.28%
Min: -14.07%

HMY

Materials industry group

47.18%

Max: 66.70%
HMY: 47.18%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
ROE (TTM)	9.49%	48.05%
ROA (TTM)	4.65%	25.06%
Net Margin (TTM)	3.52%	29.57%
Operating Margin (TTM)	9.67%	47.18%
Gross Margin (TTM)	17.84%	49.62%

Growth

Revenue Growth

Only one side can be read here: Ball (BALL) reports revenue growth of 11.58%, ranked against its industry; Harmony Gold Mining (HMY) has no revenue growth figure this period.

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Ball (BALL) reports EPS growth of -74.62%, ranked against its industry; Harmony Gold Mining (HMY) has no EPS growth figure this period.

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
Revenue Growth (YoY)	11.58%	--
Revenue Growth (3Y CAGR)	-0.53%	26.28%
EPS Growth (YoY)	-74.62%	--
EPS Growth (3Y CAGR)	13.62%	81.32%

Financial Strength

Current Ratio (MRQ)

Both Ball (BALL) at 1.04 and Harmony Gold Mining (HMY) at 0.84 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

BALL

Materials industry group

1.04

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
BALL: 1.04
Min: 0.16

HMY

Materials industry group

0.84

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
HMY: 0.84
Min: 0.16

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Harmony Gold Mining (HMY) at 0.13 keeps leverage in the lower quartile, while Ball (BALL) at 1.33 sits in the higher-leverage quartile.

BALL

Materials industry group

1.33

Max: 1.98
BALL: 1.33
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

HMY

Materials industry group

0.13

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
HMY: 0.13
Min: 0.00

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
Current Ratio (MRQ)	1.04	0.84
Debt / Equity (MRQ)	1.33	0.13
Net Debt / EBITDA	3.45	0.02

Dividends

Dividend Yield (TTM)

Ball (BALL) at 1.20% pays an industry-typical yield; Harmony Gold Mining (HMY) at 75.74% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

BALL

Materials industry group

1.20%

Max: 4.52%
Q3: 1.85%
BALL: 1.20%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

HMY

Materials industry group

75.74%

HMY: 75.74%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Ball (BALL) at 40.20% and Harmony Gold Mining (HMY) at 15.28% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

BALL

Materials industry group

40.20%

Max: 83.62%
Q3: 41.37%
BALL: 40.20%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

HMY

Materials industry group

15.28%

Max: 83.62%
Q3: 41.37%
HMY: 15.28%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
Dividend Yield (TTM)	1.20%	75.74%
Dividend Payout Ratio (TTM)	40.20%	15.28%

Valuation

P/E Ratio (TTM)

Harmony Gold Mining (HMY) at 6.27 sits in the cheaper P/E ratio quartile, while Ball (BALL) at 33.13 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

BALL

Materials industry group

33.13

Max: 59.00
BALL: 33.13
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

HMY

Materials industry group

6.27

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
HMY: 6.27
Min: 3.93

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Harmony Gold Mining (HMY) at 0.11 sits in the cheaper P/S ratio quartile while Ball (BALL) at 1.13 prices around its industry’s middle — HMY costs less per dollar of sales, though read it alongside growth and margins.

BALL

Materials industry group

1.13

Max: 9.62
Q3: 4.34
Median: 1.87
BALL: 1.13
Q1: 0.73
Min: 0.00

HMY

Materials industry group

0.11

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
HMY: 0.11
Min: 0.00

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Ball (BALL) at 3.02 and Harmony Gold Mining (HMY) at 2.34 are valued close to their industries’ norm against book — neither stands out from peers.

BALL

Materials industry group

3.02

Max: 6.59
Q3: 3.55
BALL: 3.02
Median: 2.08
Q1: 1.26
Min: -0.17

HMY

Materials industry group

2.34

Max: 6.59
Q3: 3.55
HMY: 2.34
Median: 2.08
Q1: 1.26
Min: -0.17

Ball (BALL) vs. Harmony Gold Mining (HMY): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Ball (BALL) and Harmony Gold Mining (HMY)
Metric	BALL	HMY
P/E Ratio (TTM)	33.13	6.27
P/S Ratio (TTM)	1.13	0.11
P/B Ratio (MRQ)	3.02	2.34
Free Cash Flow Yield (TTM)	1.54%	91.49%