What is O-I Glass, Inc.'s earnings per share (EPS)?

O-I Glass, Inc. (OI) reported diluted earnings per share of -$0.84 for fiscal year 2025. This represents a -21.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

O-I Glass, Inc. (OI) Financials

Trailing 12 months to June 30, 2026

Revenue $6.4B -1.9% YoY

Net Income -$1.2B -350.4% YoY

EPS (Diluted) -$7.52 -355.8% YoY

Free Cash Flow -$14.0M -240.0% YoY

Market Cap $1.0B as of Sep 11, 2026

Price / Sales 0.2x on $6.4B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.9x on $539.0M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OI SEC filings page.

O-I Glass, Inc. (OI) reported $6.4B in revenue over the twelve months to Jun 30, 2026, down 1.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI OI FY2025 2026-08-29

O-I Glass remains a capital-intensive operator where reinvestment and financing costs shape earnings more than gross profit does.

In FY2025, operating cash flow reached $600M while free cash flow was only $168M, showing that accounting cash generation was largely absorbed before reaching owners. That conversion gap reflects capital intensity: capital expenditures were $432M, making reinvestment a recurring claim on operating cash rather than a discretionary afterthought.

The gross margin recovery from 16.0% in FY2024 to 17.3% in FY2025 did not translate into better bottom-line economics. Net margin moved from -1.6% to -2.0%, indicating that costs below gross profit continued to absorb the improvement.

Debt-to-equity fell from 4.2x to 3.7x in FY2025, indicating some improvement in leverage relative to equity. Yet a current ratio of 1.2x shows only modest short-term asset coverage, so the balance sheet remains dependent on liabilities as part of its operating structure.

Financial Health Signals

Financial Health Score 27/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of O-I Glass, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

O-I Glass, Inc.'s revenue declined 1.6% year-over-year, from $6.5B to $6.4B. This contraction results in a growth score of 17/100.

Leverage

O-I Glass, Inc. has elevated debt relative to equity (D/E of 3.74), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 16/100, reflecting increased financial risk.

Liquidity

O-I Glass, Inc.'s current ratio of 1.25 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While O-I Glass, Inc. generated $600.0M in operating cash flow, capex of $432.0M consumed most of it, leaving $168.0M in free cash flow. This results in a low score of 29/100, reflecting heavy capital investment rather than weak cash generation.

Returns

O-I Glass, Inc. posts a -10.0% return on equity (ROE), meaning it loses $10 for every $100 of shareholders' equity. This results in a returns score of 34/100. This is down from -9.8% the prior year.

Piotroski F-Score Neutral

6/9

O-I Glass, Inc. passes 6 of 9 financial strength tests. 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

O-I Glass, Inc. reported a net loss of $129.0M while generating $600.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.7B

YoY-2.2%

QoQ+8.3%

5Y CAGR+0.1%

10Y CAGR-0.5%

O-I Glass, Inc. generated $1.7B in revenue in Q2 2026. This represents a decrease of 2.2% from the same quarter a year earlier. Against the prior quarter it is up 8.3%.

EBITDA

-$707.0M

YoY-665.6%

QoQ-1222.2%

O-I Glass, Inc.'s EBITDA was -$707.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 665.6% from the same quarter a year earlier. Against the prior quarter it is down 1222.2%.

Net Income

-$972.0M

YoY-19340.0%

QoQ-1231.5%

O-I Glass, Inc. reported -$972.0M in net income in Q2 2026. This represents a decrease of 19340.0% from the same quarter a year earlier. Against the prior quarter it is down 1231.5%.

EPS (Diluted)

-$6.33

YoY-21000.0%

QoQ-1218.8%

O-I Glass, Inc. earned -$6.33 per diluted share (EPS) in Q2 2026. This represents a decrease of 21000.0% from the same quarter a year earlier. Against the prior quarter it is down 1218.8%.

Cash & Balance Sheet

Free Cash Flow

-$1.0M

YoY-102.0%

QoQ+99.8%

O-I Glass, Inc. recorded an outflow of $1.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 102.0% from the same quarter a year earlier. Against the prior quarter it is up 99.8%.

Cash & Debt

$339.0M

YoY-30.4%

QoQ+6.9%

5Y CAGR-8.6%

10Y CAGR+0.1%

O-I Glass, Inc. held $339.0M in cash against $4.8B in long-term debt as of Q2 2026.

Shares Outstanding

154M

YoY-0.3%

QoQ+0.2%

5Y CAGR-0.5%

10Y CAGR-0.5%

O-I Glass, Inc. had 154M shares outstanding in Q2 2026. This represents a decrease of 0.3% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

12.8%

YoY-4.7pp

QoQ-0.1pp

5Y change-5.6pp

10Y change-6.6pp

O-I Glass, Inc.'s gross margin was 12.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Operating Margin

-49.6%

YoY-50.0pp

QoQ-46.1pp

O-I Glass, Inc.'s operating margin was -49.6% in Q2 2026, reflecting core business profitability. This is down 50.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 46.1 percentage points.

Net Margin

-58.3%

YoY-58.0pp

QoQ-53.5pp

5Y change-65.4pp

10Y change-64.2pp

O-I Glass, Inc.'s net profit margin was -58.3% in Q2 2026, showing the share of revenue converted to profit. This is down 58.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 53.5 percentage points.

Return on Equity

-180.3%

YoY-180.0pp

QoQ-175.2pp

5Y change-203.8pp

10Y change-210.4pp

O-I Glass, Inc.'s ROE was -180.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 180.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 175.2 percentage points.

Capital Allocation

R&D Spending

$9.0M

YoY-18.2%

QoQ0.0%

5Y CAGR-13.9%

10Y CAGR-5.6%

O-I Glass, Inc. invested $9.0M in research and development in Q2 2026. This represents a decrease of 18.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Share Buybacks

YoY-100.0%

QoQ-100.0%

O-I Glass, Inc. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Capital Expenditures

$95.0M

YoY-8.7%

QoQ-33.1%

5Y CAGR+3.0%

10Y CAGR+0.5%

O-I Glass, Inc. invested $95.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 8.7% from the same quarter a year earlier. Against the prior quarter it is down 33.1%.

OI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OI quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$6.4B	$6.4B-1.6%	$6.5B-8.1%	$7.1B+3.6%	$6.9B+7.8%	$6.4B+4.4%	$6.1B-9.0%	$6.7B-2.7%	$6.9B+0.1%	$6.9B+2.5%	$6.7B+8.9%	$6.2B-9.3%	$6.8B-2.6%	$7.0B-0.5%	$7.0B-4.9%	$7.4B
Cost of Revenue	$5.4B	$5.3B-3.1%	$5.5B-2.2%	$5.6B-0.6%	$5.6B+7.2%	$5.3B+2.9%	$5.1B-6.6%	$5.5B-2.0%	$5.6B+1.0%	$5.5B+0.8%	$5.5B+8.8%	$5.0B-8.8%	$5.5B-1.9%	$5.6B+0.2%	$5.6B-5.7%	$6.0B
Gross Profit	$943.0M	$1.1B+6.1%	$1.0B-30.1%	$1.5B+23.3%	$1.2B+11.2%	$1.1B+12.2%	$972.0M-19.5%	$1.2B-5.8%	$1.3B-3.8%	$1.3B+1.8%	$1.3B+18.0%	$1.1B-11.4%	$1.3B-5.9%	$1.3B-3.1%	$1.4B-1.1%	$1.4B
R&D Expenses	$36.0M	$42.0M-47.5%	$80.0M-13.0%	$92.0M+16.5%	$79.0M-3.7%	$82.0M+9.3%	$75.0M+10.3%	$68.0M-2.9%	$70.0M+16.7%	$60.0M-7.7%	$65.0M+1.6%	$64.0M+1.6%	$63.0M+1.6%	$62.0M0.0%	$62.0M-12.7%	$71.0M
SG&A Expenses	$393.0M	$434.0M-2.5%	$445.0M-17.6%	$540.0M+8.9%	$496.0M+14.5%	$433.0M+7.4%	$403.0M-8.2%	$439.0M-9.1%	$483.0M-0.2%	$484.0M-3.8%	$503.0M+5.7%	$476.0M-9.0%	$523.0M+3.4%	$506.0M-8.8%	$555.0M-0.2%	$556.0M
Operating Income	N/A	N/A	$38.0M-43.3%	$67.0M-91.7%	$805.0M+142.5%	$332.0M-5.9%	$353.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	N/A	$524.0M-4.7%	$550.0M-56.3%	$1.3B+61.2%	$781.0M-4.9%	$821.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$340.0M	$341.0M+1.8%	$335.0M-2.0%	$342.0M+43.1%	$239.0M+10.6%	$216.0M-18.5%	$265.0M-14.8%	$311.0M+19.2%	$261.0M-2.6%	$268.0M-1.5%	$272.0M+8.4%	$251.0M+9.1%	$230.0M+0.4%	$229.0M-4.2%	$239.0M-23.9%	$314.0M
Income Tax	$174.0M	$54.0M-57.1%	$126.0M-17.1%	$152.0M-14.6%	$178.0M+6.6%	$167.0M+87.6%	$89.0M-24.6%	$118.0M+9.3%	$108.0M+54.3%	$70.0M-41.2%	$119.0M+12.3%	$106.0M+15.2%	$92.0M-23.3%	$120.0M+11.1%	$108.0M+27.1%	$85.0M
Net Income	-$1.2B	-$129.0M-21.7%	-$106.0M-2.9%	-$103.0M-117.6%	$584.0M+291.9%	$149.0M-40.2%	$249.0M+162.3%	-$400.0M-255.6%	$257.0M+42.8%	$180.0M-13.9%	$209.0M+54.8%	$135.0M-17.7%	$164.0M-48.3%	$317.0M+72.3%	$184.0M+136.8%	-$500.0M
EPS (Basic)	N/A	-$0.84-21.7%	-$0.69-3.0%	-$0.67-117.8%	$3.76+295.8%	$0.95-40.3%	$1.59+161.6%	-$2.58-260.2%	$1.61+45.0%	$1.11-14.0%	$1.29+55.4%	$0.83-17.0%	$1.00-47.9%	$1.92+71.4%	$1.12+136.7%	-$3.05
EPS (Diluted)	-$7.52	-$0.84-21.7%	-$0.69-3.0%	-$0.67-118.3%	$3.67+294.6%	$0.93-40.8%	$1.57+160.9%	-$2.58-262.3%	$1.59+44.5%	$1.10-14.1%	$1.28+56.1%	$0.82-17.2%	$0.99-48.2%	$1.91+72.1%	$1.11+136.4%	-$3.05
Diluted Shares (Avg)	N/A	154M-0.6%	155M-0.1%	155M-2.7%	159M-0.8%	160M+1.0%	159M+2.3%	155M-4.2%	162M-1.6%	165M+1.1%	163M+0.4%	162M-2.4%	166M+0.1%	166M+99936.2%	165,768-99.9%	164M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.7B-2.2%	$1.5B-1.7%	$1.5B-2.0%	$1.7B-1.5%	$1.7B-1.3%	$1.6B-1.6%	$1.5B-6.8%	$1.7B-3.7%
Cost of Revenue	$1.5B+3.3%	$1.3B+4.2%	$1.3B-3.9%	$1.4B-7.6%	$1.4B-1.3%	$1.3B+0.9%	$1.3B-6.2%	$1.5B+6.2%
Gross Profit	$214.0M-28.4%	$199.0M-28.9%	$230.0M+10.0%	$300.0M+39.5%	$299.0M-1.3%	$280.0M-11.9%	$209.0M-9.9%	$215.0M-40.9%
R&D Expenses	$9.0M-18.2%	$9.0M-30.8%	$10.0M-47.4%	$8.0M-60.0%	$11.0M-45.0%	$13.0M-38.1%	$19.0M-29.6%	$20.0M-16.7%
SG&A Expenses	$75.0M-29.2%	$99.0M-9.2%	$114.0M+4.6%	$105.0M+1.9%	$106.0M-3.6%	$109.0M-11.4%	$109.0M-6.0%	$103.0M-23.1%
Operating Income	-$827.0M-11914.3%	-$53.0M-394.4%	N/A	$58.0M+201.8%	$7.0M-93.3%	$18.0M-84.6%	-$126.0M+71.3%	-$57.0M-169.5%
EBITDA	-$707.0M-665.6%	$63.0M-52.6%	N/A	$178.0M+165.7%	$125.0M-44.7%	$133.0M-44.6%	-$9.0M+97.2%	$67.0M-67.9%
Interest Expense	$86.0M+1.2%	$79.0M-2.5%	$84.0M+1.2%	$91.0M+4.6%	$85.0M-2.3%	$81.0M+3.8%	$83.0M+6.4%	$87.0M+11.5%
Income Tax	$138.0M+2200.0%	$18.0M-40.0%	-$3.0M-112.5%	$21.0M+10.5%	$6.0M-85.7%	$30.0M-26.8%	$24.0M-4.0%	$19.0M-26.9%
Net Income	-$972.0M-19340.0%	-$73.0M-356.3%	-$138.0M+11.0%	$30.0M+137.5%	-$5.0M-108.8%	-$16.0M-122.2%	-$155.0M+67.0%	-$80.0M-256.9%
EPS (Basic)	-$6.33-21000.0%	-$0.48-380.0%	-$0.90+10.0%	$0.19+136.5%	-$0.03-108.1%	-$0.10-121.7%	-$1.00+67.1%	-$0.52-257.6%
EPS (Diluted)	-$6.33-21000.0%	-$0.48-380.0%	-$0.90+10.0%	$0.19+136.5%	-$0.03-108.3%	-$0.10-122.2%	-$1.00+66.4%	-$0.52-262.5%
Diluted Shares (Avg)	153M-0.3%	153M-0.7%	N/A	155M+0.4%	154M-2.2%	154M-3.0%	N/A	155M-2.9%

OI Balance Sheet

OI quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$9.2B+6.8%	$8.7B-10.5%	$9.7B+6.7%	$9.1B+2.6%	$8.8B-0.6%	$8.9B-7.6%	$9.6B-0.9%	$9.7B-0.6%	$9.8B+6.8%	$9.1B-3.0%	$9.4B+20.1%	$7.8B-6.6%	$8.4B-2.4%	$8.6B-4.2%	$9.0B
Current Assets	$2.6B+5.0%	$2.5B-14.1%	$2.9B+10.8%	$2.6B+3.3%	$2.5B+9.7%	$2.3B-7.7%	$2.5B+5.6%	$2.4B-2.6%	$2.4B+7.4%	$2.3B-3.4%	$2.3B-1.6%	$2.4B-7.0%	$2.5B-3.7%	$2.6B-3.5%	$2.7B
Cash & Equivalents	$759.0M+3.4%	$734.0M-19.6%	$913.0M+18.1%	$773.0M+6.6%	$725.0M+28.8%	$563.0M+2.2%	$551.0M+7.6%	$512.0M+4.1%	$492.0M0.0%	$492.0M+23.3%	$399.0M-22.1%	$512.0M+33.7%	$383.0M-11.1%	$431.0M+7.8%	$400.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.0B+4.0%	$963.0M-10.1%	$1.1B+26.3%	$848.0M+3.9%	$816.0M-3.0%	$841.0M-19.5%	$1.0B+2.7%	$1.0B-1.7%	$1.0B+5.4%	$983.0M-2.4%	$1.0B-2.7%	$1.0B-7.3%	$1.1B-1.9%	$1.1B+7.4%	$1.1B
Accounts Receivable	$601.0M+5.1%	$572.0M-14.8%	$671.0M-11.7%	$760.0M+9.8%	$692.0M+11.1%	$623.0M+0.3%	$621.0M+13.1%	$549.0M-17.2%	$663.0M+14.3%	$580.0M+3.2%	$562.0M+2.4%	$549.0M-23.5%	$718.0M-8.7%	$786.0M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.5B+12.6%	$1.3B-10.3%	$1.5B-18.8%	$1.8B-1.5%	$1.8B-5.7%	$2.0B+0.9%	$1.9B-23.0%	$2.5B-3.0%	$2.6B+5.2%	$2.5B-1.1%	$2.5B+31.5%	$1.9B-8.1%	$2.1B-1.0%	$2.1B-0.1%	$2.1B
Total Liabilities	$7.9B+4.9%	$7.6B-6.0%	$8.1B+5.4%	$7.6B-5.8%	$8.1B-5.5%	$8.6B-6.1%	$9.1B+2.6%	$8.9B-0.4%	$8.9B+0.8%	$8.9B-4.0%	$9.3B+28.7%	$7.2B+3.6%	$6.9B-10.1%	$7.7B-4.6%	$8.1B
Current Liabilities	$2.1B-3.3%	$2.2B-7.9%	$2.3B-0.5%	$2.4B+27.7%	$1.8B-2.7%	$1.9B-4.9%	$2.0B-9.6%	$2.2B-3.2%	$2.3B+10.7%	$2.1B-2.9%	$2.1B-8.8%	$2.3B+3.3%	$2.3B+4.3%	$2.2B-3.7%	$2.2B
Non-Current Liabilities	$5.9B+8.2%	$5.4B-5.2%	$5.7B+8.1%	$5.3B-15.6%	$6.3B-6.3%	$6.7B-6.4%	$7.1B+6.6%	$6.7B+0.6%	$6.7B-2.2%	$6.8B-4.3%	$7.1B+46.6%	$4.9B+3.8%	$4.7B-15.7%	$5.6B-4.9%	$5.8B
Long-Term Debt	$4.8B+6.2%	$4.6B-3.1%	$4.7B+7.5%	$4.4B-8.0%	$4.8B-3.9%	$4.9B-9.0%	$5.4B+4.9%	$5.2B+1.2%	$5.1B-0.2%	$5.1B-4.0%	$5.3B+80.8%	$3.0B-8.9%	$3.2B-6.1%	$3.5B-4.8%	$3.6B
Total Equity	$1.3B+19.9%	$1.1B-32.9%	$1.6B+13.5%	$1.4B+96.8%	$720.0M+142.4%	$297.0M-36.4%	$467.0M-40.6%	$786.0M-2.7%	$808.0M+218.1%	$254.0M+48.5%	$171.0M-73.9%	$654.0M-55.1%	$1.5B+65.3%	$881.0M-0.8%	$888.0M
Retained Earnings	$548.0M-18.9%	$676.0M-13.6%	$782.0M-11.6%	$885.0M+194.0%	$301.0M+98.0%	$152.0M+270.8%	-$89.0M-126.7%	$333.0M+296.4%	$84.0M+187.5%	-$96.0M+68.5%	-$305.0M+30.7%	-$440.0M+27.2%	-$604.0M+34.4%	-$921.0M-143.0%	-$379.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$8.1B-11.9%	$8.9B+2.5%	$9.2B+6.8%	$9.3B-1.2%	$9.2B-1.7%	$8.7B-7.2%	$8.7B-10.5%	$9.4B-3.7%
Current Assets	$2.5B-5.9%	$2.4B-0.3%	$2.6B+5.0%	$2.7B-5.7%	$2.6B-7.6%	$2.4B-10.1%	$2.5B-14.1%	$2.8B-2.7%
Cash & Equivalents	$339.0M-30.4%	$317.0M-25.2%	$759.0M+3.4%	$556.0M-26.4%	$487.0M-27.4%	$424.0M+7.3%	$734.0M-19.6%	$755.0M-4.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$947.0M-4.3%	$1.0B+1.8%	$1.0B+4.0%	$982.0M-6.5%	$990.0M-14.1%	$985.0M-18.6%	$963.0M-10.1%	$1.1B-4.4%
Accounts Receivable	$883.0M+4.1%	$805.0M+6.2%	$601.0M+5.1%	$891.0M+12.2%	$848.0M+17.0%	$758.0M-5.4%	$572.0M-14.8%	$794.0M+3.7%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$608.0M-58.6%	$1.5B+7.6%	$1.5B+12.6%	$1.5B+5.1%	$1.5B+5.2%	$1.4B-6.4%	$1.3B-10.3%	$1.4B-24.3%
Total Liabilities	$7.5B-3.3%	$7.5B+0.5%	$7.9B+4.9%	$7.8B-1.3%	$7.8B+1.4%	$7.5B-1.4%	$7.6B-6.0%	$7.9B+3.5%
Current Liabilities	$1.9B-7.5%	$1.9B-1.9%	$2.1B-3.3%	$2.0B-13.0%	$2.1B-5.9%	$1.9B-25.8%	$2.2B-7.9%	$2.3B+10.7%
Non-Current Liabilities	$5.6B-1.8%	$5.6B+1.4%	$5.9B+8.2%	$5.8B+3.5%	$5.7B+4.4%	$5.5B+11.4%	$5.4B-5.2%	$5.6B+0.8%
Long-Term Debt	$4.8B-2.1%	$4.8B+0.3%	$4.8B+6.2%	$4.9B+5.0%	$4.9B+5.4%	$4.8B+16.2%	$4.6B-3.1%	$4.7B-0.9%
Total Equity	$539.0M-60.6%	$1.4B+14.7%	$1.3B+19.9%	$1.5B-0.7%	$1.4B-16.1%	$1.2B-31.6%	$1.1B-32.9%	$1.5B-29.9%
Retained Earnings	N/A	N/A	$548.0M-18.9%	N/A	N/A	N/A	$676.0M-13.6%	N/A

OI Cash Flow Statement

OI quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$416.0M	$600.0M+22.7%	$489.0M-40.2%	$818.0M+431.2%	$154.0M-77.6%	$687.0M+50.3%	$457.0M+12.8%	$405.0M-48.8%	$791.0M+9.7%	$721.0M-4.0%	$751.0M+23.5%	$608.0M-9.9%	$675.0M-1.0%	$682.0M+18.6%	$575.0M+14.3%	$503.0M
Depreciation & Amortization	N/A	$479.0M-1.4%	$486.0M+0.6%	$483.0M+6.4%	$454.0M+1.1%	$449.0M-4.1%	$468.0M-6.2%	$499.0M+1.0%	$494.0M+1.2%	$488.0M+2.1%	$478.0M+16.9%	$409.0M-2.2%	$418.0M+5.3%	$397.0M-3.6%	$412.0M-2.4%	$422.0M
Stock-Based Compensation	N/A	$25.0M+78.6%	$14.0M-67.4%	$43.0M+30.3%	$33.0M+312.5%	$8.0M-27.3%	$11.0M+10.0%	$10.0M-63.0%	$27.0M+50.0%	$18.0M+63.6%	$11.0M-26.7%	$15.0M-28.6%	$21.0M+90.9%	$11.0M0.0%	$11.0M+1000.0%	$1.0M
Capital Expenditures	$430.0M	$432.0M-30.0%	$617.0M-10.3%	$688.0M+27.6%	$539.0M+35.4%	$398.0M+28.0%	$311.0M-27.0%	$426.0M-20.5%	$536.0M+21.5%	$441.0M-2.9%	$454.0M+12.9%	$402.0M+8.9%	$369.0M+2.2%	$361.0M+24.5%	$290.0M+1.8%	$285.0M
Free Cash Flow	-$14.0M	$168.0M+231.3%	-$128.0M-198.5%	$130.0M+133.8%	-$385.0M-233.2%	$289.0M+97.9%	$146.0M+795.2%	-$21.0M-108.2%	$255.0M-8.9%	$280.0M-5.7%	$297.0M+44.2%	$206.0M-32.7%	$306.0M-4.7%	$321.0M+12.6%	$285.0M+30.7%	$218.0M
Investing Cash Flow	-$379.0M	-$368.0M+40.6%	-$620.0M+9.2%	-$683.0M-604.1%	-$97.0M+55.9%	-$220.0M-336.6%	$93.0M+121.3%	-$437.0M+37.4%	-$698.0M-98.9%	-$351.0M+15.8%	-$417.0M+84.8%	-$2.7B-504.0%	-$455.0M-13.2%	-$402.0M-81.9%	-$221.0M+48.1%	-$426.0M
Financing Cash Flow	N/A	-$250.0M-3025.0%	-$8.0M+70.4%	-$27.0M-550.0%	$6.0M+102.2%	-$273.0M+51.0%	-$557.0M-919.1%	$68.0M+228.3%	-$53.0M+86.5%	-$392.0M-71.9%	-$228.0M-111.1%	$2.1B+3038.6%	-$70.0M+78.2%	-$321.0M+5.3%	-$339.0M-5.0%	-$323.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$8.0M-74.2%	$31.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$30.0M	$40.0M0.0%	$40.0M0.0%	$40.0M0.0%	$40.0M0.0%	$40.0M	N/A	$38.0M-76.7%	$163.0M	N/A	N/A	$100.0M+212.5%	$32.0M-3.0%	$33.0M+22.2%	$27.0M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$94.0M-39.4%	-$294.0M-71.9%	$402.0M+26.4%	$214.0M+12.0%	$155.0M-38.0%	-$171.0M+36.7%	$318.0M-16.5%	$191.0M-43.7%
Depreciation & Amortization	$120.0M+1.7%	$116.0M+0.9%	$126.0M+7.7%	$120.0M-3.2%	$118.0M-3.3%	$115.0M-6.5%	$117.0M+2.6%	$124.0M-2.4%
Stock-Based Compensation	N/A	$5.0M+25.0%	N/A	N/A	N/A	$4.0M-42.9%	N/A	N/A
Capital Expenditures	$95.0M-8.7%	$142.0M+5.2%	$93.0M-13.9%	$100.0M-26.5%	$104.0M-35.0%	$135.0M-36.6%	$108.0M-51.6%	$136.0M-31.0%
Free Cash Flow	-$1.0M-102.0%	-$436.0M-42.5%	$309.0M+47.1%	$114.0M+107.3%	$51.0M-43.3%	-$306.0M+36.6%	$210.0M+32.9%	$55.0M-61.3%
Investing Cash Flow	-$93.0M+7.9%	-$139.0M-15.8%	-$59.0M+48.2%	-$88.0M+30.2%	-$101.0M+38.8%	-$120.0M+44.2%	-$114.0M+49.6%	-$126.0M+34.0%
Financing Cash Flow	N/A	-$19.0M+42.4%	-$147.0M+23.4%	-$56.0M-1500.0%	-$14.0M-107.1%	-$33.0M-94.1%	-$192.0M-231.0%	$4.0M+104.0%
Share Buybacks	$0-100.0%	$10.0M0.0%	$10.0M0.0%	$10.0M0.0%	$10.0M0.0%	$10.0M0.0%	$10.0M0.0%	$10.0M0.0%

Not reported in any period shown, so not listed: Dividends Paid.

OI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OI quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	17.3%+1.3pp	16.0%-5.1pp	21.1%+3.4pp	17.7%+0.5pp	17.2%+1.2pp	16.0%-2.1pp	18.1%-0.6pp	18.7%-0.8pp	19.4%-0.1pp	19.6%+1.5pp	18.0%-0.4pp	18.5%-0.6pp	19.1%-0.5pp	19.6%+0.8pp	18.9%
Operating Margin	N/A	0.6%-0.4pp	0.9%-10.8pp	11.7%+6.5pp	5.2%-0.6pp	5.8%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-2.0%-0.4pp	-1.6%-0.2pp	-1.5%-10.0pp	8.5%+6.2pp	2.3%-1.7pp	4.1%+10.1pp	-6.0%-9.7pp	3.7%+1.1pp	2.6%-0.5pp	3.1%+0.9pp	2.2%-0.2pp	2.4%-2.1pp	4.5%+1.9pp	2.6%+9.4pp	-6.8%
Return on Equity	-10.0%-0.2pp	-9.8%-3.4pp	-6.4%-47.6pp	41.2%+20.5pp	20.7%-63.2pp	83.8%+169.5pp	-85.7%-118.3pp	32.7%+10.4pp	22.3%-60.0pp	82.3%+3.3pp	79.0%+53.9pp	25.1%+3.3pp	21.8%+0.9pp	20.9%+77.2pp	-56.3%
Return on Assets	-1.4%-0.2pp	-1.2%-0.2pp	-1.1%-7.5pp	6.5%+4.8pp	1.7%-1.1pp	2.8%+7.0pp	-4.2%-6.8pp	2.6%+0.8pp	1.8%-0.4pp	2.3%+0.9pp	1.4%-0.7pp	2.1%-1.7pp	3.8%+1.6pp	2.1%+7.7pp	-5.6%
Current Ratio	1.25+0.1x	1.15-0.1x	1.23+0.1x	1.10-0.3x	1.36+0.2x	1.210.0x	1.25+0.2x	1.070.0x	1.060.0x	1.090.0x	1.10+0.1x	1.02-0.1x	1.13-0.1x	1.220.0x	1.22
Debt-to-Equity	3.74-0.5x	4.22+1.3x	2.92-0.2x	3.08-3.5x	6.60-10.0x	16.65+5.0x	11.64+5.0x	6.59+0.3x	6.34-13.9x	20.21-11.0x	31.26+26.7x	4.52+2.3x	2.23-1.7x	3.92-0.2x	4.08
Asset Turnover	0.70-0.1x	0.750.0x	0.730.0x	0.760.0x	0.720.0x	0.690.0x	0.700.0x	0.710.0x	0.700.0x	0.73+0.1x	0.65-0.2x	0.860.0x	0.830.0x	0.810.0x	0.82
FCF Margin	2.6%+4.6pp	-2.0%-3.8pp	1.8%+7.4pp	-5.6%-10.2pp	4.5%+2.1pp	2.4%+2.7pp	-0.3%-4.0pp	3.7%-0.4pp	4.1%-0.3pp	4.4%+1.1pp	3.4%-1.2pp	4.5%-0.1pp	4.6%+0.5pp	4.1%+1.1pp	3.0%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	12.8%-4.7pp	12.9%-4.9pp	15.3%+1.7pp	18.1%+5.3pp	17.5%0.0pp	17.9%-2.1pp	13.7%-0.5pp	12.8%-8.1pp
Operating Margin	-49.6%-50.0pp	-3.4%-4.6pp	N/A	3.5%+6.9pp	0.4%-5.6pp	1.1%-6.2pp	-8.2%+18.5pp	-3.4%-8.1pp
Net Margin	-58.3%-58.0pp	-4.7%-3.7pp	-9.2%+0.9pp	1.8%+6.6pp	-0.3%-3.6pp	-1.0%-5.5pp	-10.1%+18.5pp	-4.8%-7.7pp
Return on Equity	-180.3%-180.0pp	-5.1%-3.8pp	-10.7%+3.7pp	2.0%+7.4pp	-0.4%-3.9pp	-1.3%-5.2pp	-14.4%+14.8pp	-5.4%-7.8pp
Return on Assets	-12.0%-12.0pp	-0.8%-0.6pp	-1.5%+0.3pp	0.3%+1.2pp	-0.1%-0.7pp	-0.2%-0.9pp	-1.8%+3.1pp	-0.9%-1.4pp
Current Ratio	1.260.0x	1.260.0x	1.25+0.1x	1.33+0.1x	1.240.0x	1.24+0.2x	1.15-0.1x	1.23-0.2x
Debt-to-Equity	8.89+5.3x	3.35-0.5x	3.74-0.5x	3.36+0.2x	3.58+0.7x	3.83+1.6x	4.22+1.3x	3.18+0.9x
Asset Turnover	0.210.0x	0.170.0x	0.160.0x	0.180.0x	0.190.0x	0.180.0x	0.180.0x	0.180.0x
FCF Margin	-0.1%-3.0pp	-28.3%-8.8pp	20.6%+6.9pp	6.9%+3.6pp	3.0%-2.2pp	-19.5%+10.8pp	13.7%+4.1pp	3.3%-4.9pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
O-I Glass, Inc. OI	FY2025	$6.4B	-$129.0M	-2.0%	$1.0B	27/100
Ardagh Metal Packaging Sa AMBP	FY2025	$5.5B	$11.0M	0.2%	$2.9B	21/100
Greif GEF	FY2025	$3.9B	$840.0M	21.4%	$4.8B	26/100
Silgan Holdings Inc SLGN	FY2025	$6.5B	$288.4M	4.5%	$4.1B	27/100
Sonoco Prod SON	FY2025	$7.5B	$1.0B	13.3%	$4.8B	49/100
Sealed Air Cp SEE	FY2025	$5.4B	$505.5M	9.4%	$6.2B	47/100

Where O-I Glass, Inc. Ranks

Frequently Asked Questions

What is O-I Glass, Inc.'s annual revenue?

O-I Glass, Inc. (OI) reported $6.4B in total revenue for fiscal year 2025. This represents a -1.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is O-I Glass, Inc.'s revenue growing?

O-I Glass, Inc. (OI) revenue declined by 1.6% year-over-year, from $6.5B to $6.4B in fiscal year 2025.

Is O-I Glass, Inc. profitable?

No, O-I Glass, Inc. (OI) reported a net income of -$129.0M in fiscal year 2025, with a net profit margin of -2.0%.

How much debt does O-I Glass, Inc. have?

As of fiscal year 2025, O-I Glass, Inc. (OI) had $759.0M in cash and equivalents against $4.8B in long-term debt.

What is O-I Glass, Inc.'s gross margin?

O-I Glass, Inc. (OI) had a gross margin of 17.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is O-I Glass, Inc.'s net profit margin?

O-I Glass, Inc. (OI) had a net profit margin of -2.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is O-I Glass, Inc.'s return on equity (ROE)?

O-I Glass, Inc. (OI) has a return on equity of -10.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is O-I Glass, Inc.'s free cash flow?

O-I Glass, Inc. (OI) generated $168.0M in free cash flow during fiscal year 2025. This represents a 231.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is O-I Glass, Inc.'s operating cash flow?

O-I Glass, Inc. (OI) generated $600.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are O-I Glass, Inc.'s total assets?

O-I Glass, Inc. (OI) had $9.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are O-I Glass, Inc.'s capital expenditures?

O-I Glass, Inc. (OI) invested $432.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does O-I Glass, Inc. spend on research and development?

O-I Glass, Inc. (OI) invested $42.0M in research and development during fiscal year 2025.

Does O-I Glass, Inc. buy back shares?

Yes, O-I Glass, Inc. (OI) spent $40.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does O-I Glass, Inc. have outstanding?

O-I Glass, Inc. (OI) had 152M shares outstanding as of fiscal year 2025.

What is O-I Glass, Inc.'s current ratio?

O-I Glass, Inc. (OI) had a current ratio of 1.25 as of fiscal year 2025, which is considered adequate.

What is O-I Glass, Inc.'s debt-to-equity ratio?

O-I Glass, Inc. (OI) had a debt-to-equity ratio of 3.74 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is O-I Glass, Inc.'s return on assets (ROA)?

O-I Glass, Inc. (OI) had a return on assets of -1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is O-I Glass, Inc.'s P/E ratio?

O-I Glass, Inc. (OI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.0B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is O-I Glass, Inc.'s price-to-sales ratio?

O-I Glass, Inc. (OI) trades at 0.2x sales, its market capitalization divided by revenue of $6.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.0B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is O-I Glass, Inc.'s Piotroski F-Score?

O-I Glass, Inc. (OI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are O-I Glass, Inc.'s earnings high quality?

O-I Glass, Inc. (OI) reported a net loss of $129.0M while generating $600.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is O-I Glass, Inc.?

O-I Glass, Inc. (OI) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.