O-I Glass
OI NYSEΒ· Metal, Glass & Plastic Containers
Last close Β· Oct 26, 2026
$6.44
KIRA Β· Stoqlyβs AI analyst, in plain words
- O-I Glass had $6.4B of revenue in fiscal 2025, down 1.6% on the year before. Over five years, revenue changed +1.1% a year on average.
- O-I Glass lost $129M in fiscal 2025.
- Free cash flow was $168M in fiscal 2025, 2.6% of revenue.
- O-I Glass returned $40.0M to shareholders in fiscal 2025, 24% of free cash flow. The diluted share count fell 0.7%.
- O-I Glass owes $4.2B more than it holds in cash, about 5.5 years of operating profit.
Market cap
$989M
P/E
β
Revenue
$6.4B
Net income
β$129M
Free cash flow
$168M
Operating margin
β
O-I Glass in 30 seconds Β· fiscal 2025
Are sales growing?
β1.6%
No. Sales fell 1.6% last year.
Does it make a profit?
β2.0%
No. It lost money last year.
Does profit turn into cash?
2.6%
Partly. 2.6% of sales ends up as free cash.
Is debt under control?
5.5x
Heavy. Repaying its debt would take 5.5 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
What O-I Glass does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K Β· Feb 12, 2026
- Legal name
- O-I GLASS, INC.
- CIK
- 0000812074
O-I Glass Β· OI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $6.4B | $6.9B | $7.1B | $6.5B | $6.4B |
| Revenue growth | 4.4% | 7.9% | 3.6% | β8.1% | β1.6% |
| Gross margin | 17.2% | 17.7% | 21.1% | 16.0% | 17.3% |
| Operating margin | 5.2% | 11.7% | 0.9% | 0.6% | β |
| Net income | $149M | $584M | β$103M | β$106M | β$129M |
| Net margin | 2.3% | 8.5% | β1.5% | β1.6% | β2.0% |
| Diluted EPS | $0.93 | $3.67 | β$0.67 | β$0.69 | β$0.84 |
| Cash | |||||
| Cash from operations | $687M | $154M | $818M | $489M | $600M |
| Capital expenditure | $398M | $539M | $688M | $617M | $432M |
| Free cash flow | $289M | β$385M | $130M | β$128M | $168M |
| FCF margin | 4.6% | β5.6% | 1.8% | β2.0% | 2.6% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $40.0M | $40.0M | $40.0M | $40.0M | $40.0M |
| Share count change | 1.0% | β0.8% | β2.7% | β0.1% | β0.7% |
| Debt and strength | |||||
| Cash and short-term investments | $725M | $773M | $913M | $734M | $759M |
| Debt incl. finance leases | $4.8B | $4.7B | $4.9B | $5.0B | $5.0B |
| Shareholders' equity | $720M | $1.4B | $1.6B | $1.1B | $1.3B |
| Net debt / EBITDA | 5.3x | 3.1x | 7.3x | 8.1x | 5.5x |
| Current ratio | 1.4x | 1.1x | 1.2x | 1.2x | 1.3x |
| Interest coverage | 1.5x | 3.4x | 0.2x | 0.1x | 0.9x |
| Returns and quality | |||||
| Return on capital | 3.4% | 12.6% | 0.6% | 0.3% | 4.2% |
| Return on equity | 29.3% | 54.7% | β6.8% | β7.9% | β10.9% |
| Piotroski F-score | 7 | 7 | 6 | 4 | 6 |
| Altman Z'' | 1.0 | 1.3 | 0.9 | 0.7 | 1.0 |
Insiders bought, 12 months
$0.3M
5 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
O-I Glass Β· OI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each companyβs latest fiscal year. Fiscal years end in different months, so periods donβt line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| O-I Glass OI | $989M | β1.6% | β | 2.6% | 4.2% | β | 6 |
| Silgan SLGN | $4.1B | 10.7% | β | 6.5% | 7.6% | 15.2x | 7 |
| Greif GEF | β | β9.7% | 4.3% | β2.2% | 1.9% | β | β |
| AptarGroup ATR | $8.2B | 5.4% | 13.3% | 7.9% | 11.4% | 22.9x | 7 |
| Ball BALL | $17.2B | 11.6% | β | 6.0% | 10.4% | 18.3x | 6 |
KIRA
At $6.44 a share, the company is worth $989M.
O-I Glass grew sales faster than 1 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000812074). Data updated October 21, 2026. For information only β not investment advice. Check the original filings before relying on any figure.
