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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $6.43B | $6.53B | - | - | - | - |
| Cost of Revenue | $5.32B | $5.49B | $5.61B | $5.64B | $5.27B | $5.12B |
| Gross Profit | $1.11B | $1.04B | $1.50B | $1.21B | $1.09B | $972.00M |
| R&D | $42.00M | $80.00M | $92.00M | $79.00M | $82.00M | $75.00M |
| SG&A | $434.00M | $445.00M | $540.00M | $496.00M | $433.00M | $403.00M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $479.00M | $486.00M | $483.00M | $454.00M | $449.00M | $468.00M |
| Operating Income | ($49.00M) | $38.00M | $67.00M | $353.00M | $332.00M | $353.00M |
| Interest Expense | $341.00M | $335.00M | $342.00M | $239.00M | $216.00M | $265.00M |
| Income Tax | $54.00M | $126.00M | $152.00M | $178.00M | $167.00M | $89.00M |
| Net Income | ($129.00M) | ($106.00M) | ($103.00M) | $584.00M | $149.00M | $249.00M |
| EPS - Basic | ($0.84) | ($0.69) | ($0.67) | $3.76 | $0.95 | $1.59 |
| EPS - Diluted | ($0.84) | ($0.69) | ($0.67) | $3.67 | $0.93 | $1.57 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $759.00M | $734.00M | $913.00M | $773.00M | $725.00M | $563.00M |
| Accounts Receivable | $601.00M | $572.00M | $671.00M | $760.00M | $692.00M | $623.00M |
| Inventory | $1.00B | $963.00M | $1.07B | $848.00M | $816.00M | $841.00M |
| Accounts Payable | $1.20B | $1.14B | $1.44B | $1.35B | $1.21B | $1.13B |
| Current Assets | $2.60B | $2.48B | $2.88B | $2.60B | $2.52B | $2.30B |
| Total Assets | $9.24B | $8.65B | $9.67B | $9.06B | $8.83B | $8.88B |
| Current Liabilities | $2.09B | $2.16B | $2.35B | $2.36B | $1.85B | $1.90B |
| Long-term Debt | $4.84B | $4.55B | $4.70B | $4.37B | $4.75B | $4.95B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $1.29B | $1.08B | $1.61B | $1.42B | $720.00M | $297.00M |
| Retained Earnings | $548.00M | $676.00M | $782.00M | $885.00M | $301.00M | $152.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $600.00M | $489.00M | $818.00M | $154.00M | $687.00M | $457.00M |
| Investing Cash Flow | ($368.00M) | ($620.00M) | ($683.00M) | ($97.00M) | ($220.00M) | $93.00M |
| Financing Cash Flow | ($250.00M) | ($8.00M) | ($27.00M) | $6.00M | ($273.00M) | ($557.00M) |
| CapEx | $432.00M | $617.00M | $688.00M | $539.00M | $398.00M | $311.00M |
| Free Cash Flow | $168.00M | ($128.00M) | $130.00M | ($385.00M) | $289.00M | $146.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 17.3% | 16.0% | - | - | - | - |
| Operating margin | -0.8% | 0.6% | - | - | - | - |
| EBITDA margin | 6.7% | 8.0% | - | - | - | - |
| Net margin | -2.0% | -1.6% | - | - | - | - |
| Free cash flow margin | 2.6% | -2.0% | - | - | - | - |
| FCF / Net income | -1.30 | 1.21 | -1.26 | -0.66 | 1.94 | 0.59 |
| R&D / Revenue | 0.7% | 1.2% | - | - | - | - |
| SG&A / Revenue | 6.8% | 6.8% | - | - | - | - |
| Effective tax rate | - | 630.0% | 310.2% | 23.4% | 52.8% | 26.3% |
| Return on assets | -1.4% | -1.2% | -1.1% | 6.4% | 1.7% | 2.8% |
| Return on equity | -10.0% | -9.8% | -6.4% | 41.2% | 20.7% | 83.8% |
| Return on invested capital | -0.6% | 0.3% | 0.5% | 4.7% | 3.0% | 5.0% |
| Liquidity | ||||||
| Current ratio | 1.25 | 1.15 | 1.23 | 1.10 | 1.36 | 1.21 |
| Quick ratio | 0.77 | 0.70 | 0.77 | 0.74 | 0.92 | 0.77 |
| Cash ratio | 0.36 | 0.34 | 0.39 | 0.33 | 0.39 | 0.30 |
| Leverage | ||||||
| Debt / Equity | 3.74 | 4.22 | 2.92 | 3.08 | 6.60 | 16.65 |
| Debt / Assets | 0.52 | 0.53 | 0.49 | 0.48 | 0.54 | 0.56 |
| Debt / EBITDA | 11.25 | 8.69 | 8.54 | 5.42 | 6.09 | 6.02 |
| Interest coverage | -0.1x | 0.1x | 0.2x | 1.5x | 1.5x | 1.3x |
| Equity multiplier | 7.14 | 8.02 | 6.01 | 6.39 | 12.27 | 29.91 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.70 | 0.75 | - | - | - | - |
| Inventory turnover | 5.31 | 5.70 | 5.24 | 6.65 | 6.45 | 6.09 |
| Days sales outstanding | 34d | 32d | - | - | - | - |
| Days inventory outstanding | 69d | 64d | 70d | 55d | 57d | 60d |
| Days payable outstanding | 82d | 76d | 94d | 88d | 84d | 80d |
| Cash conversion cycle | 20d | 20d | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | 4.5x | 12.9x | 7.6x |
| P / B | 1.8x | 1.6x | 1.6x | 1.9x | 2.7x | 6.4x |
| P / S | 0.4x | 0.3x | - | - | - | - |
| EV / EBITDA | 14.8x | 10.5x | 11.5x | 7.7x | 7.6x | 7.6x |
| Growth | ||||||
| Revenue growth (YoY) | -1.6% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | 6.1% | -30.1% | 23.3% | 11.2% | 12.2% | -19.5% |
| Operating income growth (YoY) | - | -43.3% | -81.0% | 6.3% | -5.9% | - |
| Net income growth (YoY) | -21.7% | -2.9% | - | 291.9% | -40.2% | - |
| EPS growth (YoY) | -21.7% | -3.0% | - | 294.6% | -40.8% | - |
| EPS CAGR (3y) | - | - | - | - | -16.4% | 12.6% |
| EPS CAGR (5y) | - | - | - | 27.2% | -6.2% | - |
| FCF growth (YoY) | - | - | - | - | 97.9% | - |
| FCF CAGR (5y) | 2.8% | - | -12.6% | - | -0.5% | -6.7% |
| Book value growth (YoY) | 19.9% | -32.9% | 13.5% | 96.8% | 142.4% | -36.4% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
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 |