O-I Glass, Inc. | Small-cap | Consumer Cyclical
$11.63
-2.27%
| O-I Glass Stock Comparison:
O-I Glass vs Smurfit WestRock plcO-I Glass vs International PaperO-I Glass vs TrimasO-I Glass vs Myers IndustriesO-I Glass vs Ranpak HoldingsO-I Glass vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 1.6B
Gross Profit 280.0M 17.87%
Operating Income 152.0M 9.70%
Net Income -12.0M -0.77%
EPS (Diluted) $-0.10

Balance Sheet Metrics

Total Assets 8.7B
Total Liabilities 7.5B
Shareholders Equity 1.2B
Debt to Equity 5.99

Cash Flow Metrics

Operating Cash Flow 142.0M
Free Cash Flow -306.0M

Revenue & Profitability Trend

O-I Glass Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 6.5B 7.1B 6.9B 6.4B 6.1B
Cost of Goods Sold i 5.5B 5.6B 5.6B 5.3B 5.1B
Gross Profit i 1.0B 1.5B 1.2B 1.1B 972.0M
Gross Margin % i 16.0% 21.1% 17.7% 17.2% 16.0%
Operating Expenses
Research & Development i 80.0M 92.0M 79.0M 82.0M 75.0M
Selling, General & Administrative i 450.0M 559.0M 516.0M 507.0M 429.0M
Other Operating Expenses i - - - 154.0M -
Total Operating Expenses i 530.0M 651.0M 595.0M 743.0M 504.0M
Operating Income i 486.0M 813.0M 585.0M 539.0M 435.0M
Operating Margin % i 7.4% 11.4% 8.5% 8.5% 7.1%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i 335.0M 342.0M 239.0M 216.0M 265.0M
Other Non-Operating Income -113.0M -404.0M 459.0M 9.0M 183.0M
Pre-tax Income i 38.0M 67.0M 805.0M 332.0M 353.0M
Income Tax i 126.0M 152.0M 178.0M 167.0M 89.0M
Effective Tax Rate % i 331.6% 226.9% 22.1% 50.3% 25.2%
Net Income i -88.0M -85.0M 627.0M 172.0M 264.0M
Net Margin % i -1.3% -1.2% 9.1% 2.7% 4.3%
Key Metrics
EBITDA i 1.1B 1.4B 1.2B 951.0M 943.0M
EPS (Basic) i $-0.69 $-0.67 $3.76 $0.95 $1.59
EPS (Diluted) i $-0.69 $-0.67 $3.67 $0.93 $1.57
Basic Shares Outstanding i 154552000 154651000 155309000 157150000 156806000
Diluted Shares Outstanding i 154552000 154651000 155309000 157150000 156806000

Income Statement Trend

O-I Glass Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 734.0M 913.0M 773.0M 725.0M 563.0M
Short-term Investments i - - - - -
Accounts Receivable i 572.0M 671.0M 760.0M 692.0M 623.0M
Inventory i 963.0M 1.1B 848.0M 816.0M 841.0M
Other Current Assets 209.0M 229.0M 222.0M 237.0M 270.0M
Total Current Assets i 2.5B 2.9B 2.6B 2.5B 2.3B
Non-Current Assets
Property, Plant & Equipment i 201.0M 220.0M 225.0M 116.0M 138.0M
Goodwill i 2.9B 3.2B 3.9B 4.0B 4.3B
Intangible Assets i 235.0M 296.0M 306.0M 335.0M 384.0M
Long-term Investments - - - - -
Other Non-Current Assets 370.0M 432.0M 397.0M 412.0M 465.0M
Total Non-Current Assets i 6.2B 6.8B 6.5B 6.3B 6.6B
Total Assets i 8.7B 9.7B 9.1B 8.8B 8.9B
Liabilities
Current Liabilities
Accounts Payable i 1.1B 1.4B 1.4B 1.2B 1.1B
Short-term Debt i 416.0M 248.0M 345.0M 72.0M 197.0M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - 13.0M -
Total Current Liabilities i 2.2B 2.3B 2.4B 1.8B 1.9B
Non-Current Liabilities
Long-term Debt i 4.6B 4.7B 4.4B 4.8B 4.9B
Deferred Tax Liabilities i 74.0M 86.0M 84.0M 102.0M 109.0M
Other Non-Current Liabilities 407.0M 480.0M 433.0M 914.0M 895.0M
Total Non-Current Liabilities i 5.3B 5.6B 5.2B 6.2B 6.6B
Total Liabilities i 7.4B 7.9B 7.5B 8.0B 8.5B
Equity
Common Stock i 2.0M 2.0M 2.0M 2.0M 2.0M
Retained Earnings i 676.0M 782.0M 885.0M 301.0M 152.0M
Treasury Stock i 677.0M 681.0M 688.0M 701.0M 714.0M
Other Equity - - - - -
Total Shareholders Equity i 1.2B 1.7B 1.5B 827.0M 401.0M
Key Metrics
Total Debt i 5.0B 4.9B 4.7B 4.8B 5.1B
Working Capital i 318.0M 538.0M 246.0M 673.0M 399.0M

Balance Sheet Composition

O-I Glass Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i -88.0M -85.0M 627.0M 165.0M 264.0M
Depreciation & Amortization i 486.0M 483.0M 454.0M 449.0M 468.0M
Stock-Based Compensation i 14.0M 43.0M 33.0M 8.0M -
Working Capital Changes i -46.0M -125.0M 2.0M -17.0M -124.0M
Operating Cash Flow i 512.0M 351.0M 62.0M 654.0M 689.0M
Investing Activities
Capital Expenditures i -617.0M -688.0M -539.0M -398.0M -311.0M
Acquisitions i 26.0M 1.0M 466.0M 180.0M 404.0M
Investment Purchases i - - - - -
Investment Sales i - - - - -
Investing Cash Flow i -591.0M -687.0M -85.0M -98.0M 103.0M
Financing Activities
Share Repurchases i -40.0M -40.0M -42.0M -42.0M -3.0M
Dividends Paid i - - - - -8.0M
Debt Issuance i 1.1B 1.3B 2.9B 1.0B 2.0B
Debt Repayment i -1.0B -1.3B -2.9B -1.2B -2.5B
Financing Cash Flow i -8.0M -27.0M 6.0M -273.0M -557.0M
Free Cash Flow i -128.0M 130.0M -385.0M 289.0M 146.0M
Net Change in Cash i -87.0M -363.0M -17.0M 283.0M 235.0M

Cash Flow Trend

O-I Glass Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 6.01
Forward P/E 8.13
Price to Book 1.51
Price to Sales 0.29
PEG Ratio -0.06

Profitability Ratios

Profit Margin -3.93%
Operating Margin 9.44%
Return on Equity -15.73%
Return on Assets 3.36%

Financial Health

Current Ratio 1.24
Debt to Equity 375.02
Beta 0.93

Per Share Data

EPS (TTM) $-1.65
Book Value per Share $8.02
Revenue per Share $42.07

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
oi 1.9B 6.01 1.51 -15.73% -3.93% 375.02
Smurfit WestRock plc 25.5B 59.57 1.42 4.23% 1.98% 79.49
International Paper 24.6B 41.77 1.32 -0.20% -0.12% 57.16
Trimas 1.5B 40.86 2.11 5.36% 3.83% 69.14
Myers Industries 636.0M 64.12 2.19 3.43% 1.20% 144.74
Ranpak Holdings 487.6M -25.13 0.90 -6.75% -9.80% 80.02

Financial data is updated regularly. All figures are in the company's reporting currency.