Ardagh Metal Packaging vs O-i Glass
O-i Glass is the larger business, with $6.43bn of revenue in fiscal 2025 against $5.50bn for Ardagh Metal Packaging (1.2 times as much). Ardagh Metal Packaging grew faster (12.0% against -1.6%). Ardagh Metal Packaging kept more of each dollar of sales as profit: a net margin of 0.2% against -2.0%.
| Latest fiscal year | Ardagh Metal PackagingAMBP, 2025 | O-i GlassOI, 2025 |
|---|---|---|
| Revenue | $5.50bn | $6.43bn |
| Revenue growth | 12.0% | -1.6% |
| Net income | $11.0m | −$129m |
| Operating margin | 4.4% | — |
| Net margin | 0.2% | -2.0% |
| Return on equity | — | -10.9% |
| Free cash flow | $276m | $168m |
| Cash | — | $759m |
| Total debt | $4.42bn | $5.00bn |
| Debt to equity | — | 386.3% |
| Dividend per share | — | — |
| Dividend yield | 9.3% | — |
| Share buybacks | — | $40.0m |
| Employees | — | 19,000 |
| Market value | $2.83bn | $800m |
| Price vs our value range | Within our value range | — |
| Moat score | — | 41 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 5 buys, 0 sales |