OI · O-I Glass, Inc. /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.54B | - | $1.65B | $1.73B | $1.59B | - | - | - | - | - |
| Cost of Revenue | $1.34B | - | $1.35B | $1.41B | $1.29B | - | $1.46B | $1.43B | $1.27B | - |
| Gross Profit | $199.00M | - | $300.00M | $299.00M | $280.00M | - | $215.00M | $303.00M | $318.00M | - |
| R&D | $9.00M | - | $8.00M | $11.00M | $13.00M | - | $20.00M | $20.00M | $21.00M | - |
| SG&A | $99.00M | - | $105.00M | $106.00M | $109.00M | - | $103.00M | $110.00M | $123.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $116.00M | - | $124.00M | $122.00M | $115.00M | - | - | - | $125.00M | - |
| Operating Income | ($53.00M) | - | $58.00M | $7.00M | $18.00M | - | ($57.00M) | $104.00M | $117.00M | - |
| Interest Expense | $79.00M | - | $91.00M | $85.00M | $81.00M | - | $87.00M | $87.00M | $78.00M | - |
| Income Tax | $18.00M | - | $21.00M | $6.00M | $30.00M | - | $19.00M | $42.00M | $41.00M | - |
| Net Income | ($73.00M) | - | $30.00M | ($5.00M) | ($16.00M) | - | ($80.00M) | $57.00M | $72.00M | - |
| EPS - Basic | ($0.48) | - | $0.19 | ($0.03) | ($0.10) | - | ($0.52) | $0.37 | $0.46 | - |
| EPS - Diluted | ($0.48) | - | $0.19 | ($0.03) | ($0.10) | - | ($0.52) | $0.36 | $0.45 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $317.00M | $759.00M | $556.00M | $487.00M | $424.00M | $734.00M | $755.00M | $671.00M | $395.00M | $913.00M |
| Accounts Receivable | $805.00M | $601.00M | $891.00M | $848.00M | $758.00M | $572.00M | $794.00M | $725.00M | $801.00M | $671.00M |
| Inventory | $1.00B | $1.00B | $982.00M | $990.00M | $985.00M | $963.00M | $1.05B | $1.15B | $1.21B | $1.07B |
| Accounts Payable | $1.06B | $1.20B | $1.08B | $1.10B | $1.03B | $1.14B | $1.09B | $1.13B | $1.17B | $1.44B |
| Current Assets | $2.38B | $2.60B | $2.66B | $2.60B | $2.39B | $2.48B | $2.82B | $2.82B | $2.66B | $2.88B |
| Total Assets | $8.95B | $9.24B | $9.26B | $9.18B | $8.73B | $8.65B | $9.37B | $9.33B | $9.41B | $9.67B |
| Current Liabilities | $1.89B | $2.09B | $1.99B | $2.10B | $1.93B | $2.16B | $2.29B | $2.23B | $2.60B | $2.35B |
| Long-term Debt | $4.80B | $4.84B | $4.95B | $4.90B | $4.79B | $4.55B | $4.71B | $4.65B | $4.12B | $4.70B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.43B | $1.29B | $1.47B | $1.37B | $1.25B | $1.08B | $1.48B | $1.63B | $1.83B | $1.61B |
| Retained Earnings | - | $548.00M | - | - | - | $676.00M | - | - | - | $782.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($294.00M) | - | - | - | ($171.00M) | - | - | - | ($270.00M) | - |
| Investing Cash Flow | ($139.00M) | - | - | - | ($120.00M) | - | - | - | ($215.00M) | - |
| Financing Cash Flow | ($19.00M) | - | - | - | ($33.00M) | - | - | - | ($17.00M) | - |
| CapEx | $142.00M | - | - | - | $135.00M | - | - | - | $213.00M | - |
| Free Cash Flow | ($436.00M) | - | - | - | ($306.00M) | - | - | - | ($483.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 12.9% | - | 18.1% | 17.3% | 17.6% | - | - | - | - | - |
| Operating margin | -3.4% | - | 3.5% | 0.4% | 1.1% | - | - | - | - | - |
| EBITDA margin | 4.1% | - | 11.0% | 7.5% | 8.3% | - | - | - | - | - |
| Net margin | -4.7% | - | 1.8% | -0.3% | -1.0% | - | - | - | - | - |
| Free cash flow margin | -28.3% | - | - | - | -19.2% | - | - | - | - | - |
| FCF / Net income | 5.97 | - | - | - | 19.13 | - | - | - | -6.71 | - |
| R&D / Revenue | 0.6% | - | 0.5% | 0.6% | 0.8% | - | - | - | - | - |
| SG&A / Revenue | 6.4% | - | 6.4% | 6.1% | 6.8% | - | - | - | - | - |
| Effective tax rate | - | - | 41.2% | 600.0% | 214.3% | - | - | 42.4% | 36.3% | - |
| Return on assets | -0.8% | - | 0.3% | -0.1% | -0.2% | - | -0.9% | 0.6% | 0.8% | - |
| Return on equity | -5.1% | - | 2.0% | -0.4% | -1.3% | - | -5.4% | 3.5% | 3.9% | - |
| Return on invested capital | -0.7% | - | 0.5% | 0.1% | 0.1% | - | -0.7% | 1.0% | 1.3% | - |
| Liquidity | ||||||||||
| Current ratio | 1.26 | 1.25 | 1.33 | 1.24 | 1.24 | 1.15 | 1.23 | 1.26 | 1.02 | 1.23 |
| Quick ratio | 0.73 | 0.77 | 0.84 | 0.77 | 0.73 | 0.70 | 0.77 | 0.75 | 0.56 | 0.77 |
| Cash ratio | 0.17 | 0.36 | 0.28 | 0.23 | 0.22 | 0.34 | 0.33 | 0.30 | 0.15 | 0.39 |
| Leverage | ||||||||||
| Debt / Equity | 3.35 | 3.74 | 3.36 | 3.58 | 3.83 | 4.22 | 3.18 | 2.85 | 2.26 | 2.92 |
| Debt / Assets | 0.54 | 0.52 | 0.53 | 0.53 | 0.55 | 0.53 | 0.50 | 0.50 | 0.44 | 0.49 |
| Debt / EBITDA | 76.19 | - | 27.18 | 37.97 | 35.98 | - | - | - | 17.02 | - |
| Interest coverage | -0.7x | - | 0.6x | 0.1x | 0.2x | - | -0.7x | 1.2x | 1.5x | - |
| Equity multiplier | 6.25 | 7.14 | 6.30 | 6.70 | 6.99 | 8.02 | 6.33 | 5.72 | 5.15 | 6.01 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.18 | 0.19 | 0.18 | - | - | - | - | - |
| Inventory turnover | 1.34 | - | 1.38 | 1.42 | 1.31 | - | 1.39 | 1.24 | 1.05 | - |
| Days sales outstanding | 191d | - | 197d | 179d | 174d | - | - | - | - | - |
| Days inventory outstanding | 273d | - | 265d | 257d | 279d | - | 262d | 295d | 346d | - |
| Days payable outstanding | 288d | - | 292d | 286d | 291d | - | 272d | 288d | 335d | - |
| Cash conversion cycle | 176d | - | 170d | 149d | 162d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 68.3x | - | - | - | - | 30.9x | 36.9x | - |
| P / B | 1.1x | - | 1.4x | 1.7x | 1.4x | - | 1.4x | 1.1x | 1.4x | - |
| P / S | 1.0x | - | 1.2x | 1.3x | 1.1x | - | - | - | - | - |
| EV / EBITDA | 96.6x | - | 35.2x | 51.8x | 46.1x | - | - | - | 26.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -3.3% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -28.9% | - | 39.5% | -1.3% | -11.9% | - | -40.9% | -27.2% | -34.3% | - |
| Operating income growth (YoY) | - | - | - | -93.3% | -84.6% | - | - | -32.5% | -56.7% | - |
| Net income growth (YoY) | -356.3% | - | - | - | - | - | - | -48.2% | -65.0% | - |
| EPS growth (YoY) | -380.0% | - | - | - | - | - | - | -47.8% | -65.1% | - |
| EPS CAGR (3y) | - | - | -49.2% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | -37.9% | - | - | - | - | -3.0% | -2.5% | - |
| FCF growth (YoY) | -42.5% | - | - | - | 36.6% | - | - | - | -67.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 14.7% | 19.9% | -0.7% | -16.1% | -31.6% | -32.9% | -29.9% | -23.9% | -3.2% | 13.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$6.33B totalAmericas Segment$3.64B · 57.5%
Europe Segment$2.69B · 42.5%
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Feb 27, 2020 | $0.0500 |
| Nov 27, 2019 | $0.0500 |
| Aug 29, 2019 | $0.0500 |
| May 30, 2019 | $0.0500 |
| Jan 18, 2019 | $0.0500 |