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O-i Glass, Inc. (OI) stock

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NYSE: OI NYSE Metal, Glass & Plastic Containers Next results ~February 9, 2027

E Fundamentals grade

O-i Glass, Inc. is a US-listed company in the metal, glass & plastic containers industry. Its financial year ends in December.

Stock price today

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Third-party market data Β· may be delayed

Model estimate per share

~$5.3

Valuation models combined (2)

Base case. Range ~$1.8–$12. Weighted average of 2 models (growth cash-flow model, forward price-to-earnings vs peers), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 0 selling5 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds170 adding, 134 cuttingOf 45 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter O-i Glass files

10-Q filed October 28: O-i Glass

Model value βˆ’60.0%

Revenue for the twelve months to September 2026 was $6.33bn, down 1.9% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin fell to -0.7% from 1.1% a year earlier. Operating margin widened to -0.7% from -4.1%. Our model value falls from $19.17 to $7.66 a share, against a share price of $5.25.

Source: 10-Q filed October 28, 2026 on SEC EDGAR Β· Financials Β· Valuation

Earlier notes (2)

10-Q filed July 29: O-i Glass

O-I Glass generated revenue of $6.33bn in the twelve months to June 2026, down 1.9% on the prior year and broadly in line with the decline seen a quarter earlier. Profitability showed a mixed picture over the period. Free-cash-flow margin slipped to -0.7%, having stood at 1.1% a year earlier. Operating margin, by contrast, widened to -0.7% from -4.1%, suggesting some improvement in underlying cost control even as cash generation weakened. On valuation, our forward price-to-earnings comparison against peers points to a fair value of $19.17 a share. That compares with a current share price of $6.43, a wide gap that reflects the market's caution over the company's recent financial trends.

10-Q on SEC EDGAR

Where O-i Glass stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $6.36bn, down 1.9% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin held at -0.2%. Operating margin widened to -0.7% from -4.1%. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 1 of our 5 financial-health checks.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 9, 2027 (estimated)

O-i Glass, Inc.'s trailing-twelve-month revenue fell 1.9% year on year, with a free-cash-flow margin of -0.7%. Where it lags: revenue growth of -1.9% ranks 8 of 8 metal, glass & plastic containers companies we cover.

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 156% in the quarter to 2026-09-30.

Assembled from SEC-filed figures β€” the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Margins widening. Operating margin is up 3.5 points on a year ago.

Things to watch

  • Revenue shrinking. Revenue fell 1.9% over the last 12 months.
  • Loss-making. Operating margin is -0.7%: costs exceed revenue.
  • Burning cash. Free cash flow was -0.7% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 56% and a beta of 1.1 against the S&P 500.
  • Gross margin slipping. Gross margin is down 3.6 points on a year ago.
  • Below peers: change in share count. Change in share count of 0.1% ranks 7 of 8 metal, glass & plastic containers companies we cover (median -0.2%).

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
-$0.09 against an average estimate of $0.16: missed by 155.8%
Revenue
$1.62bn, down 1.8% on a year earlier
Share reaction
-12.6% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Next report
October 27, 2026; average EPS estimate -$0.02

O-i Glass' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.6%
  • 1 week-19.3%
  • 1 month-7.1%
  • This year-64.8%
  • 1 year-53.9%
  • 5 years-59.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data Β· may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$6.3B
Operating margin
-0.7%
Net margin
-18.9%
EPS (TTM, diluted)
$-7.83

Growth

Revenue growth
βˆ’1.9%
Change in growth rate
βˆ’0.1 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
-$44M
FCF margin
-0.7%
Stock pay % of revenue
0.4%

Earnings

Last results
October 27, 2026
Next results (est.)
February 9, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Partnership
  3. Results
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 Β· 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Our value per share comes from a discounted-cash-flow model of O-i Glass, Inc.'s free cash flow after stock-based pay ( $190M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value O-i Glass, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.93 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$1.8 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$12 ~$12–$14 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. β€” Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. β€” Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$35 ~$30–$47 Left out: out of range vs price (6.64x)
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. β€” Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$5.3 ~$1.8–$12 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare O-i Glass, Inc. with Metal, Glass & Plastic Containers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

O-i Glass, Inc.: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$17.07$17.06$21.73$16.90$11.88$11.90$12.03$16.57$16.38$10.84$14.76$5.20
Market value$2.8bn$2.8bn$3.6bn$2.7bn$1.8bn$1.9bn$1.9bn$2.6bn$2.5bn$1.7bn$2.3bn$795m
+ Net debt (βˆ’ = net cash)$5.2bn$4.8bn$4.8bn$4.8bnβˆ’$551m$4.6bn$4.1bn$3.9bn$4.0bn$4.2bn$4.2bn$4.5bn
Enterprise value$7.9bn$7.6bn$8.4bn$7.6bn$1.3bn$6.5bn$6.0bn$6.6bn$6.6bn$5.9bn$6.5bn$5.3bn
Multiples
Price / sales 0.4x0.4x0.5x0.4x0.3x0.3x0.3x0.4x0.4x0.3x0.4x0.1x
Price / earnings 20.5x13.3x19.9x10.7xβ€”7.6x12.9x4.5xβ€”β€”β€”β€”
Price / free cash flow 13.4x9.4x12.8x10.7xβ€”12.9x6.7xβ€”19.5xβ€”13.5xβ€”
EV / EBITDA β€”β€”β€”β€”β€”7.9x7.7x5.2x11.9x11.3xβ€”β€”

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

41 /100

Weak moat

How hard O-i Glass's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 9 / 20

    Cash operating profit has been a median 7.5% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 17.7%, moving by 2.1 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 2.2%; its worst year was -4.1%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 6 of 10 years, at a median 1.5% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.5% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

O-i Glass, Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.02 βˆ’99% $6.3bn βˆ’2%
Next $0.83 +3321% $6.3bn +1%

Next year's EPS estimate has moved βˆ’45.0% in 90 days, across 8 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is βˆ’95.7% on 90 days ago. In the last 30 days, 0 analysts raised O-i Glass, Inc.'s forecast and 4 cut it.

Consensus EPS forecast O-i Glass, Inc., last 90 days
$0.00 $0.50 $1.00 $1.50 $2.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.56 Current fiscal year, 60 days ago: $0.57 Current fiscal year, 30 days ago: $0.55 Current fiscal year, 7 days ago: $0.47 Current fiscal year, Now: $0.02 $0.02 Next fiscal year, 90 days ago: $1.50 Next fiscal year, 60 days ago: $1.51 Next fiscal year, 30 days ago: $1.50 Next fiscal year, 7 days ago: $1.39 Next fiscal year, Now: $0.83 $0.83

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.56$1.50
60 days ago $0.57$1.51
30 days ago $0.55$1.50
7 days ago $0.47$1.39
Now $0.02$0.83

Earnings against estimates

O-i Glass, Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Sept 2026 $0.16 βˆ’$0.09 βˆ’155.8%
Jun 2026 $0.24 $0.09 βˆ’62.7%
Mar 2026 $0.12 $0.05 βˆ’58.2%
Dec 2025 $0.19 $0.20 +5.2%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows O-i Glass, Inc.'s revenue by +0.8% next year and +1.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+0.1%, weight 62%) and the company's own record (+2.0%, weight 38%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy338%
Hold450%
Sell113%

Monthly trend

  1. Oct 20263418
  2. Sep 20265319
  3. Aug 20265319
  4. Jul 202614319

Counts of recommendations published by analysts covering O-i Glass, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
16.0%
of tradable shares
Days to cover
4.6
at average volume
Short interest, 1 month
+2%
to October 15, 2026
Held by institutions
β€”
of shares
Held by insiders
1.3%
of shares
Employees
19,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months βˆ’53.9%

$11.29 on October 31, 2025 to $5.20

O-i Glass, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $6.5bn $6.4bn βˆ’1.9%
P/S multiple 0.3x 0.1x βˆ’52.9%
Share count 153m 153m βˆ’0.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years βˆ’65.2%

$14.95 on November 3, 2023 to $5.20

O-i Glass, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $7.1bn $6.4bn βˆ’10.5%
P/S multiple 0.3x 0.1x βˆ’62.6%
Share count 159m 153m +3.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

O-i Glass, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
OI+1%+38%βˆ’1%βˆ’34%+36%βˆ’65%
Industry peers (median)+8%βˆ’9%+13%βˆ’3%βˆ’2%+25%
S&P 500+29%βˆ’18%+26%+25%+18%+11%
Months that ended higher
OI50%67%50%33%50%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
OIβˆ’44%βˆ’32%βˆ’41%βˆ’42%βˆ’29%βˆ’69%
S&P 500βˆ’5%βˆ’25%βˆ’10%βˆ’8%βˆ’19%βˆ’9%

Worst fall since November 3, 2015: 82% from October 10, 2017 to March 18, 2020. Getting back needed a 442% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$5.12 – $16.63
From 52-week high
βˆ’68.7%
vs 50-day average
βˆ’16.7%
vs 200-day average
βˆ’44.8%
Volatility (1 year)
56%
Beta vs S&P 500
1.13

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move Β±12.3%
After a week
4 up, 7 down
typical move Β±9.9%
After a month
4 up, 7 down
typical move Β±13.8%
O-i Glass, Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 βˆ’12.6% +0.9% β€” β€”
July 28, 2026 βˆ’16.3% βˆ’1.3% βˆ’17.6% βˆ’19.1%
April 28, 2026 βˆ’18.3% βˆ’0.5% βˆ’17.4% βˆ’14.0%
February 10, 2026 βˆ’5.1% βˆ’0.3% βˆ’8.7% βˆ’33.1%
November 4, 2025 +14.5% βˆ’0.8% +11.1% +18.0%
July 29, 2025 βˆ’12.0% βˆ’0.4% βˆ’9.7% βˆ’9.4%
April 29, 2025 +5.8% +0.7% +9.9% +10.0%
February 4, 2025 +3.9% +1.1% +0.3% βˆ’0.1%
October 29, 2024 βˆ’9.3% βˆ’0.1% βˆ’6.2% βˆ’0.4%
July 30, 2024 +16.7% +1.1% βˆ’1.5% +12.3%
April 30, 2024 βˆ’19.7% βˆ’1.9% βˆ’14.5% βˆ’19.3%
February 6, 2024 +13.0% +1.1% +12.0% +16.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

O-i Glass, Inc. in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model β€” not a quality score or advice.

Fundamentals

Revenue (TTM) O-i Glass, Inc.
$6.2B $6.4B $6.6B $6.8B $7B $7.2B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $7.1B Revenue (TTM), FY24 Q1: $6.9B Revenue (TTM), FY24 Q2: $6.7B Revenue (TTM), FY24 Q3: $6.6B Revenue (TTM), FY24 Q4: $6.5B Revenue (TTM), FY25 Q1: $6.5B Revenue (TTM), FY25 Q2: $6.5B Revenue (TTM), FY25 Q3: $6.5B Revenue (TTM), FY25 Q4: $6.4B Revenue (TTM), FY26 Q1: $6.4B Revenue (TTM), FY26 Q2: $6.4B Revenue (TTM), FY26 Q3: $6.3B $6.3B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $7.1B
FY24 Q1 $6.9B
FY24 Q2 $6.7B
FY24 Q3 $6.6B
FY24 Q4 $6.5B
FY25 Q1 $6.5B
FY25 Q2 $6.5B
FY25 Q3 $6.5B
FY25 Q4 $6.4B
FY26 Q1 $6.4B
FY26 Q2 $6.4B
FY26 Q3 $6.3B
Revenue growth, TTM YoY O-i Glass, Inc.
-10% -5% 0% 5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 3.6% Revenue growth, TTM YoY, FY24 Q1: -1.8% Revenue growth, TTM YoY, FY24 Q2: -5.6% Revenue growth, TTM YoY, FY24 Q3: -7.2% Revenue growth, TTM YoY, FY24 Q4: -8.1% Revenue growth, TTM YoY, FY25 Q1: -5.3% Revenue growth, TTM YoY, FY25 Q2: -3.4% Revenue growth, TTM YoY, FY25 Q3: -2.8% Revenue growth, TTM YoY, FY25 Q4: -1.6% Revenue growth, TTM YoY, FY26 Q1: -1.6% Revenue growth, TTM YoY, FY26 Q2: -1.9% Revenue growth, TTM YoY, FY26 Q3: -1.9% -1.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 3.6%
FY24 Q1 -1.8%
FY24 Q2 -5.6%
FY24 Q3 -7.2%
FY24 Q4 -8.1%
FY25 Q1 -5.3%
FY25 Q2 -3.4%
FY25 Q3 -2.8%
FY25 Q4 -1.6%
FY26 Q1 -1.6%
FY26 Q2 -1.9%
FY26 Q3 -1.9%
Operating margin (TTM) O-i Glass, Inc.
-5% 0% 5% 10% 15% FY22 Q4 FY23 Q3 FY24 Q2 FY25 Q3 Operating margin (TTM), FY22 Q4: 11.7% Operating margin (TTM), FY23 Q1: 12.9% Operating margin (TTM), FY23 Q2: 10.3% Operating margin (TTM), FY23 Q3: 7.5% Operating margin (TTM), FY23 Q4: 0.9% Operating margin (TTM), FY24 Q1: -1.3% Operating margin (TTM), FY24 Q2: -2.0% Operating margin (TTM), FY24 Q3: -4.1% Operating margin (TTM), FY24 Q4: 0.6% Operating margin (TTM), FY25 Q1: -0.9% Operating margin (TTM), FY25 Q2: -2.4% Operating margin (TTM), FY25 Q3: -0.7% -0.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY22 Q4 11.7%
FY23 Q1 12.9%
FY23 Q2 10.3%
FY23 Q3 7.5%
FY23 Q4 0.9%
FY24 Q1 -1.3%
FY24 Q2 -2.0%
FY24 Q3 -4.1%
FY24 Q4 0.6%
FY25 Q1 -0.9%
FY25 Q2 -2.4%
FY25 Q3 -0.7%
FCF margin (TTM) O-i Glass, Inc.
-4% -2% 0% 2% 4% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 1.8% FCF margin (TTM), FY24 Q1: -0.9% FCF margin (TTM), FY24 Q2: -1.4% FCF margin (TTM), FY24 Q3: -2.7% FCF margin (TTM), FY24 Q4: -2.0% FCF margin (TTM), FY25 Q1: 0.8% FCF margin (TTM), FY25 Q2: 0.2% FCF margin (TTM), FY25 Q3: 1.1% FCF margin (TTM), FY25 Q4: 2.6% FCF margin (TTM), FY26 Q1: 0.6% FCF margin (TTM), FY26 Q2: -0.2% FCF margin (TTM), FY26 Q3: -0.7% -0.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 1.8%
FY24 Q1 -0.9%
FY24 Q2 -1.4%
FY24 Q3 -2.7%
FY24 Q4 -2.0%
FY25 Q1 0.8%
FY25 Q2 0.2%
FY25 Q3 1.1%
FY25 Q4 2.6%
FY26 Q1 0.6%
FY26 Q2 -0.2%
FY26 Q3 -0.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

O-i Glass, Inc.: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 6,652 6,633 7,358 7,000 6,967 6,784 6,156 6,702 6,869 6,877 6,691 6,091 6,357 6,856 7,105 6,531 6,426 6,331
Gross profit 1,335 1,352 1,389 1,374 1,331 1,253 1,110 1,310 1,333 1,283 1,208 972 1,091 1,213 1,496 1,045 1,109 838
EBITDA β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” 821 781 1,259 550 524 β€” β€”
Operating income β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” 353 332 805 67 38 β€” β€”
Net income 162 βˆ’45 βˆ’500 184 317 164 135 209 180 257 βˆ’400 249 149 584 βˆ’103 βˆ’106 βˆ’129 βˆ’1,196
Diluted EPS $0.95 βˆ’$0.27 βˆ’$3.05 $1.11 $1.91 $0.99 $0.82 $1.28 $1.10 $1.59 βˆ’$2.58 $1.57 $0.93 $3.67 βˆ’$0.67 βˆ’$0.69 βˆ’$0.84 βˆ’$7.83
Growth (year on year)
Revenue βˆ’11.8% βˆ’0.3% +10.9% βˆ’4.9% βˆ’0.5% βˆ’2.6% βˆ’9.3% +8.9% +2.5% +0.1% βˆ’2.7% βˆ’9.0% +4.4% +7.8% +3.6% βˆ’8.1% βˆ’1.6% βˆ’1.9%
EBITDA β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” βˆ’4.9% +61.2% βˆ’56.3% βˆ’4.7% β€” β€”
Operating income β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” βˆ’5.9% +142.5% βˆ’91.7% β€” β€” β€”
Net income βˆ’37.2% βˆ’127.8% β€” β€” +72.3% βˆ’48.3% βˆ’17.7% +54.8% βˆ’13.9% +42.8% βˆ’255.6% β€” βˆ’40.2% +291.9% βˆ’117.6% β€” β€” β€”
Diluted EPS βˆ’37.5% βˆ’128.4% β€” β€” +72.1% βˆ’48.2% βˆ’17.2% +56.1% βˆ’14.1% +44.5% βˆ’262.3% β€” βˆ’40.8% +294.6% βˆ’118.3% β€” β€” β€”
Margins
Gross margin 20.1% 20.4% 18.9% 19.6% 19.1% 18.5% 18.0% 19.5% 19.4% 18.7% 18.1% 16.0% 17.2% 17.7% 21.1% 16.0% 17.3% 13.2%
EBITDA margin β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” 13.5% 12.3% 18.4% 7.7% 8.0% β€” β€”
Operating margin β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” 5.8% 5.2% 11.7% 0.9% 0.6% β€” β€”
Net margin 2.4% βˆ’0.7% βˆ’6.8% 2.6% 4.5% 2.4% 2.2% 3.1% 2.6% 3.7% βˆ’6.0% 4.1% 2.3% 8.5% βˆ’1.4% βˆ’1.6% βˆ’2.0% βˆ’18.9%
Free-cash-flow margin 5.9% 1.4% 3.0% 4.1% 4.6% 4.5% 3.3% 4.4% 4.1% 3.7% βˆ’0.3% 2.4% 4.5% βˆ’5.6% 1.8% βˆ’2.0% 2.6% βˆ’0.7%
Cash flow
Cash from operations 800 592 503 575 682 675 608 751 721 791 405 457 687 154 818 489 600 367
Capital spending 407 500 285 290 361 369 402 454 441 536 426 311 398 539 688 617 432 411
Free cash flow 393 92 218 285 321 306 206 297 280 255 βˆ’21 146 289 βˆ’385 130 βˆ’128 168 βˆ’44
Stock-based pay 20 11 1 11 11 21 15 11 18 27 10 11 8 33 43 14 25 23
Free cash flow after stock pay 373 81 217 274 310 285 191 286 262 228 βˆ’31 135 281 βˆ’418 87 βˆ’142 143 βˆ’67
Balance sheet
Cash 755 640 400 431 383 512 399 492 492 512 551 563 725 773 913 734 759 379
Total debt 3,608 4,278 4,033 3,773 3,567 3,445 5,573 5,328 5,283 5,341 β€” 5,142 4,825 4,716 4,946 4,969 4,999 4,919
Net debt (negative = net cash) 2,853 3,638 3,633 3,342 3,184 2,933 5,174 4,836 4,791 4,829 βˆ’551 4,579 4,100 3,943 4,033 4,235 4,240 4,540
Diluted shares 171m 167m 164m 166m 166m 166m 162m 163m 165m 162m 155m 159m 160m 159m 155m 155m 154m 153m
Returned to shareholders
Dividends β€” β€” β€” β€” β€” β€” β€” β€” β€” β€” 31 8 β€” β€” β€” β€” β€” β€”
Buybacks β€” 199 β€” 27 33 32 100 β€” β€” 163 38 β€” 40 40 40 40 40 20
Total returned β€” 199 β€” 27 33 32 100 β€” β€” 163 69 8 40 40 40 40 40 20

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 5 checks passed Β· September 30, 2026
What it owns Β· $8.0bn
Short-term assets $2.5bnLonger-term assets $5.5bn
What it owes, and who funded it Β· $2.5bn
Short-term liabilities $1.9bnShareholders' equity $536m
  • Short-term assets cover short-term liabilities $2.5bn of assets due within a year against $1.9bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $379m of cash against $4.9bn of debt.
  • Debt below 40% of shareholders' equity Debt is 918% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 419% to 918% over five years.
  • A year's operating cash flow covers at least 20% of debt $367m of operating cash flow against $4.9bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From O-i Glass, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures β€” a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$20M
Buybacks, last 3 fiscal years
$120M
Diluted share count
+0.1%
year over year
Total shareholder yield
2.5%
dividends 0.0% + buybacks 2.5% of market value
R&D spending
0.5%
of revenue
Sales & admin spending
6.0%
of revenue
Days sales outstanding
50 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in metal, glass & plastic containers
Growth, margins and cash generation against peers
Last 12 months unless stated OI SLGN AMBP ATR CCK BALL Median
Revenue, last 12 months $6.3bn $6.7bn $5.5bn $4.0bn $13.8bn $14.3bn $5.9bn
Revenue growth, last 12 months βˆ’1.9% 8.4% 12.0% 9.0% 13.4% 15.6% 11.8%
Revenue growth, 3-year average βˆ’4.0% 2.1% β€” 5.0% 4.2% 10.6% 4.2%
Revenue growth, latest quarter βˆ’1.8% 6.8% β€” 6.0% 15.9% 19.7% 8.1%
Gross margin 13.2% 17.1% 12.4% 30.9% 18.5% 16.9% 17.8%
Operating margin βˆ’0.7% 8.7% 4.4% 11.9% 12.0% 9.6% 10.1%
Operating margin, 3-year average 0.9% 8.5% β€” 13.0% 11.9% 9.4% 9.4%
Net margin βˆ’18.9% 4.0% 0.2% 6.7% 5.8% 6.6% 4.9%
Cash from operations / revenue 5.8% 9.6% 8.2% 14.4% 11.3% 10.0% 10.6%
Free-cash-flow margin βˆ’0.7% 5.1% 5.0% 7.3% 7.3% 5.8% 6.5%
Free-cash-flow margin, 3-year average βˆ’0.8% 5.0% β€” 8.7% 8.3% 2.4% 8.3%
Stock pay / revenue 0.4% 0.3% β€” 1.0% 0.3% 0.3% 0.3%
Change in share count 0.1% βˆ’1.1% 0.0% βˆ’3.8% βˆ’4.8% βˆ’7.8% βˆ’0.7%

Median of all 8 companies we cover in metal, glass & plastic containers. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

8 metal, glass & plastic containers companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -1.9% 12.0% 8 of 8
Change in growth rate Growth -0.1pp +1.8pp 6 of 8
Gross margin Profitability 13.2% 17.1% 4 of 5
Operating margin Profitability -0.7% 11.9% 6 of 6
Net margin Profitability -18.9% 5.8% 8 of 8
Free-cash-flow margin Cash generation -0.7% 7.3% 8 of 8
Stock pay as % of revenue Cash generation 0.4% 0.4% 3 of 5
Long-term debt as % of assets Balance sheet 59.2% 38.1% 6 of 7
Change in share count Balance sheet 0.1% -0.2% 7 of 8
Days sales outstanding Balance sheet 50 days 46 days 5 of 7

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Reportable $6.3B 98.5% β–Ό 1.2%
Americas (part of Reportable) $3.6B 57.5% β–² 1.6%
Europe (part of Reportable) $2.7B 42.5% β–Ό 4.6%
All Other Segments $96M 1.5% β–Ό 24.4%
Products and services
Line of business Revenue Share YoY
Alcoholic Beverages $3.9B 61.8% β–Ό 3.2%
Food and Other $1.4B 21.9% β–² 2.4%
Nonalcoholic Beverage $1B 16.4% β–² 2.5%
Geography
Region Revenue Share YoY
Outside the US $4.7B 73.4% β–Ό 2.6%
United States $1.7B 26.6% β–² 1.2%

From O-i Glass, Inc.'s 10-K filed February 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$1.5B
Institutions reporting
305
Shares held vs prior quarter
β–² 2.1%
Positions opened / closed
54 / 48

Top buyers and sellers, Q2 2026: 170 institutions bought and 134 sold ; the biggest buyer was UBS Group AG (+2.4M shares) and the biggest seller Goldman Sachs Group Inc (βˆ’2.6M). See which funds bought and sold β†’

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $226M 23.4M 15.0% β–² 4.8%
Alliancebernstein L.P. $101M 9.6M 6.7% β–² 7.8%
Vanguard Portfolio Management LLC $100M 10.4M 6.7% β–Ό 2.5%
Dimensional Fund Advisors LP $78.4M 8.1M 5.2% β–Ό 11.9%
Vanguard Capital Management LLC $63.6M 6.6M 4.2% β–Ό 4.8%
State Street Corp $60.4M 6.3M 4.0% β–² 4.8%
Cooper Creek Partners Management LLC $60.4M 6.3M 4.0% β–Ό 10.5%
UBS Group AG $44M 4.6M 2.9% β–² 113.4%
Arrowstreet Capital, Limited Partnership $41.7M 4.3M 2.8% β–² 2.0%
Geode Capital Management, LLC $39.4M 4.1M 2.6% β–² 6.0%
Bank Of America Corp $33.4M 3.5M 2.2% β–Ό 2.6%
Goldman Sachs Group Inc $30M 3.1M 2.0% β–Ό 45.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not O-i Glass, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Chapin Samuel R. Director May 15, 2026 Buy 12,000 $8.51 $102,120
Restrepo Eduardo SVP, Business Ops Americas May 14, 2026 Buy 3,309 $8.99 $29,748
Abrahams Darrow A SVP, GC & Corporate Secretary May 11, 2026 Buy 2,774 $9.04 $25,077
Haudrich John SVP & Chief Financial Officer May 11, 2026 Buy 2,207 $9.07 $20,017
Burns Randolph L SVP, Chief Admin & Sus Officer May 8, 2026 Buy 11,000 $9.32 $102,520

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 9, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 28, 2026
  • April 28, 2026
  • February 10, 2026
  • November 4, 2025
  • July 29, 2025

Recent SEC filings

Data status

When each part of this page on O-i Glass, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

O-i Glass, Inc. in brief

What does O-i Glass, Inc. do?
O-i Glass, Inc. is a US-listed company in the metal, glass & plastic containers industry. Its financial year ends in December.
What is O-i Glass, Inc.'s stock ticker?
O-i Glass, Inc. trades under the ticker OI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is O-i Glass, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, O-i Glass, Inc. reported revenue of $6.3B, 1.9% lower than a year earlier, according to its SEC filings.
What is O-i Glass, Inc.'s free cash flow?
O-i Glass, Inc.'s free-cash-flow margin is -0.7% of revenue over the trailing twelve months, ranking 8 of the 8 metal, glass & plastic containers companies we cover.
Who are O-i Glass, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Alliancebernstein L.P. and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is O-i Glass, Inc. buying back stock, and does it pay a dividend?
O-i Glass, Inc. spent $20M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.1% over the year.
What is O-i Glass, Inc.'s market cap?
On November 2, 2026, O-i Glass, Inc.'s market capitalisation was about $795M and net debt of $4.5B. Market figures come from third-party market data and may be delayed.
How much debt does O-i Glass, Inc. have?
O-i Glass, Inc.'s debt-to-equity ratio is 917.7%, from its latest balance sheet (419.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are O-i Glass, Inc.'s competitors?
In our Metal, Glass & Plastic Containers peer group, the companies closest to O-i Glass, Inc. are Silgan Holdings Inc, Ardagh Metal Packaging S.a., Aptargroup, Inc., Crown Holdings, Inc. and Ball Corporation. The side-by-side comparison below sets their revenue, margins and growth against O-i Glass, Inc.'s.
Are insiders buying or selling O-i Glass, Inc. stock?
Over the last 12 months, O-i Glass, Inc.'s directors and officers reported 5 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is O-i Glass, Inc.'s next earnings date?
Around February 9, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date β€” O-i Glass, Inc. announces its own schedule.