O-I Glass (OI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
6.5B
Gross Profit
1.0B
16.00%
Operating Income
486.0M
7.44%
Net Income
-88.0M
-1.35%
EPS (Diluted)
-$0.69
Balance Sheet Metrics
Total Assets
8.7B
Total Liabilities
7.4B
Shareholders Equity
1.2B
Debt to Equity
6.18
Cash Flow Metrics
Operating Cash Flow
512.0M
Free Cash Flow
-128.0M
Revenue & Profitability Trend
O-I Glass Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 6.5B | 7.1B | 6.9B | 6.4B | 6.1B |
| Cost of Goods Sold | 5.5B | 5.6B | 5.6B | 5.3B | 5.1B |
| Gross Profit | 1.0B | 1.5B | 1.2B | 1.1B | 972.0M |
| Operating Expenses | 530.0M | 651.0M | 595.0M | 743.0M | 504.0M |
| Operating Income | 486.0M | 813.0M | 585.0M | 539.0M | 435.0M |
| Pre-tax Income | 38.0M | 67.0M | 805.0M | 332.0M | 353.0M |
| Income Tax | 126.0M | 152.0M | 178.0M | 167.0M | 89.0M |
| Net Income | -88.0M | -85.0M | 627.0M | 172.0M | 264.0M |
| EPS (Diluted) | -$0.69 | -$0.67 | $3.67 | $0.93 | $1.57 |
Income Statement Trend
O-I Glass Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 2.5B | 2.9B | 2.6B | 2.5B | 2.3B |
| Non-Current Assets | 6.2B | 6.8B | 6.5B | 6.3B | 6.6B |
| Total Assets | 8.7B | 9.7B | 9.1B | 8.8B | 8.9B |
| Liabilities | |||||
| Current Liabilities | 2.2B | 2.3B | 2.4B | 1.8B | 1.9B |
| Non-Current Liabilities | 5.3B | 5.6B | 5.2B | 6.2B | 6.6B |
| Total Liabilities | 7.4B | 7.9B | 7.5B | 8.0B | 8.5B |
| Equity | |||||
| Total Shareholders Equity | 1.2B | 1.7B | 1.5B | 827.0M | 401.0M |
Balance Sheet Composition
O-I Glass Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -88.0M | -85.0M | 627.0M | 165.0M | 264.0M |
| Operating Cash Flow | 512.0M | 351.0M | 62.0M | 654.0M | 689.0M |
| Investing Activities | |||||
| Capital Expenditures | -617.0M | -688.0M | -539.0M | -398.0M | -311.0M |
| Investing Cash Flow | -591.0M | -687.0M | -85.0M | -98.0M | 103.0M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | -8.0M |
| Financing Cash Flow | -8.0M | -27.0M | 6.0M | -273.0M | -557.0M |
| Free Cash Flow | -128.0M | 130.0M | -385.0M | 289.0M | 146.0M |
Cash Flow Trend
O-I Glass Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
6.01
Forward P/E
10.48
Price to Book
2.17
Price to Sales
0.38
PEG Ratio
10.48
Profitability Ratios
Profit Margin
-2.98%
Operating Margin
9.64%
Return on Equity
-11.45%
Return on Assets
3.58%
Financial Health
Current Ratio
1.24
Debt to Equity
401.28
Beta
0.95
Per Share Data
EPS (TTM)
-$1.25
Book Value per Share
$7.20
Revenue per Share
$42.13
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| oi | 2.4B | 6.01 | 2.17 | -11.45% | -2.98% | 401.28 |
| International Paper | 26.7B | 43.21 | 1.47 | 3.01% | 1.99% | 57.09 |
| Smurfit WestRock plc | 23.0B | 53.65 | 1.28 | 4.23% | 1.98% | 79.49 |
| Graphic Packaging | 6.7B | 10.82 | 2.11 | 20.61% | 7.15% | 180.84 |
| Silgan Holdings | 6.0B | 20.71 | 2.86 | 14.52% | 4.82% | 222.17 |
| Sealed Air | 4.8B | 15.52 | 5.97 | 43.40% | 5.55% | 564.36 |
Financial data is updated regularly. All figures are in the company's reporting currency.