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Apr 28, 2026·SEC
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Feb 25, 2026·SEC
O-I Glass, Inc.(OI)Earnings, Financials & Key Ratios
OI•NYSE
$9.87
Price updated Jul 7, 2026
AboutO-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perrysburg, Ohio.Show more
- Revenue$6.43B-1.6%
- EBITDA$1.12B+11.5%
- Net Income-$129M-21.7%
- EPS (Diluted)-0.84-21.7%
- Gross Margin17.26%+7.9%
- EBITDA Margin17.46%+13.4%
- Operating Margin9.85%+23.7%
- Net Margin-2.01%-23.7%
- ROE-9.74%-35.4%
OI Price & Volume
O-I Glass, Inc. (OI) stock price & volume — 10-year historical chart
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Persistent Operational Headwinds Challenge Glass Manufacturing Profitability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial:Strained
Cash Flow:Deteriorating
Primary Risk:High leverage and impairments
Key Thesis Takeaways
- O-I Glass faces a challenging outlook characterized by persistent top-line contraction and structural margin volatility, as evidenced by the 1.7% year-over-year revenue decline in 2026Q1.
- The company's heavy reliance on capital-intensive furnace operations, which require significant maintenance expenditures, continues to strain free cash flow and limit financial flexibility.
- Investors should remain cautious regarding the firm's ability to deleverage its $5.0B debt burden while navigating ongoing operational losses and the erosion of retained earnings.
Verdict Logic
the company's inability to maintain consistent profitability, highlighted by a $73.0M net loss in 2026Q1, suggests that the current capital structure remains unsustainable without significant operational improvement.
OI Growth Metrics
O-I Glass, Inc. (OI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years0.43%
5 Years1.08%
3 Years-2.14%
TTM-1.61%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM3.63%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM3.17%
Return on Capital
10 Years8.73%
5 Years8.93%
3 Years9.46%
Last Year9.28%
OI Recent Earnings
O-I Glass, Inc. (OI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$0.05-44.4%
$0.09
Rev
$1.5B+4.8%
$1.5B
Q1 2026
Feb 10, 2026Metric
Actual
Est
EPS
$0.20+5.3%
$0.19
Rev
$1.5B-1.2%
$1.5B
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.48+9.1%
$0.44
Rev
$1.7B+7.8%
$1.5B
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$0.53+29.3%
$0.41
Rev
$1.7B+2.3%
$1.7B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $0.05vs $0.09-44.4% | $1.5Bvs $1.5B+4.8% |
| Q1 2026 | Feb 10, 2026 | $0.20vs $0.19+5.3% | $1.5Bvs $1.5B-1.2% |
| Q4 2025 | Nov 4, 2025 | $0.48vs $0.44+9.1% | $1.7Bvs $1.5B+7.8% |
| Q3 2025 | Jul 29, 2025 | $0.53vs $0.41+29.3% | $1.7Bvs $1.7B+2.3% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for O-I Glass, Inc. (OI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $9.87 | $1.51B | -11.75 | -1.61% | -2.01% | -9.74% | — | |
| $4.75 | $2.84B | -258.15 | 12% | 0.19% | — | — | |
| $42.15 | $6.21B | 12.29 | -0.61% | 9.43% | 48.39% | — | |
| $45.18 | $4.77B | 16.73 | 10.73% | 4.31% | 12.47% | — | |
| $127.69 | $8.22B | 21.72 | 5.42% | 9.98% | 18.64% | — | |
| $112.48 | $12.57B | 17.63 | 4.78% | 5.64% | 20.9% | — |
Compare OI vs Peers
O-I Glass, Inc. (OI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
OI SEC Filings & Documents
O-I Glass, Inc. (OI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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OI Frequently Asked Questions
O-I Glass, Inc. (OI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is O-I Glass, Inc.'s revenue?
O-I Glass, Inc. (OI) reported $6.40B in revenue for fiscal year 2025. This represents a 66% increase from $3.85B in 1996.
How fast is O-I Glass, Inc. growing?
O-I Glass, Inc. (OI) saw revenue decline by 1.6% over the past year.
Is OI profitable?
O-I Glass, Inc. (OI) reported a net loss of $186.0M for fiscal year 2025.
Dividend & Returns
What is OI's return on equity?
O-I Glass, Inc. (OI) has a return on equity (ROE) of -9.7%. Negative ROE indicates the company is unprofitable.
What is O-I Glass, Inc.'s free cash flow?
O-I Glass, Inc. (OI) generated $474.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.