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O-I Glass

OI

O-I Glass is a leading global manufacturer of glass containers, operating 64 manufacturing plants across 18 countries.

Market cap
$868.18M-54.3%
Revenue$6.4B-1.8%
Net income-$1.2B-352%
Free cash flow-$434.0M+60.7%
EPS (diluted)-$7.52-356%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 3, 2026 (in a month)
Revenue estimate$1.7B
EPS estimate$0.22

Financials

Q2 2026

Income statement

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Revenue$1.7B-2.2%
Gross profit$214.0M-28.4%
Operating income-$827.0M-11,914%
Net income-$972.0M-19,340%
EPS (diluted)-$6.33-21,000%

Balance sheet

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Cash & equivalents$339.0M-30.4%
Total debt$5.0B-2.9%
Total assets$8.1B-11.9%

Cash flow

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CapEx$95.0M-8.7%
Free cash flow-$1.0M—

Valuation & ratios

Valuation

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Market cap$868.18M-54.3%
Enterprise value$5.52B-16.2%
P/S0.1×-0.2×

Profitability

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Gross margin14.8%-0.6pp
Net margin-18.1%-25.1pp

Returns & leverage

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Current ratio1.3×0.0×

Segments

By segment

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Americas$949.0M+0.6%
Europe$704.0M-5.0%
All Other Segments$15.0M-31.8%

By product

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Alcoholic Beverages$1.0B-5.2%
Food And Other$363.0M+7.7%
Nonalcoholic Beverage$278.0M-0.4%

By geography

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US$427.0M—

Competitors

Profile

O-I Glass is a leading global manufacturer of glass containers, operating 64 manufacturing plants across 18 countries. The company specializes in producing rigid glass packaging for the food and beverage industries, emphasizing sustainability through the use of recycled glass and innovative manufacturing technologies. Its core value proposition centers on branding capabilities, a significant global footprint, and proprietary manufacturing expertise.

Competitive position

O-I Glass is the leading glass container manufacturer in most countries where it operates and maintains a dominant share of the U.S. rigid glass packaging market.

GeographiesNorth America, South America, Europe, Mexico
Customer segmentsConsumer Packaged Goods Companies, Food and Beverage Manufacturers
Business modelManufacturing, B2B, Direct-to-customer sales
SuppliersSand suppliers, Soda ash suppliers, Limestone suppliers, Recycled glass (cullet) providers, Natural gas and electricity utilities
CustomersGlobal food and beverage manufacturers, Local breweries and wineries, Packaging distributors
Listed1991
Employees23.0K
CEOGordon J. Hardie
Websiteo-i.com
FilingsSEC EDGAR

FAQ

What is O-I Glass's market cap?
O-I Glass (OI) has a market capitalization of $868.2M and trades on NYSE.
What is O-I Glass's revenue and profitability?
O-I Glass generated $6.4B in trailing twelve-month revenue with a net loss of $1.2B, representing a net margin of -18.1%. Gross margin stands at 14.8%, with free cash flow of -$434.0M. The latest reported period is Q2 2026.
Who are O-I Glass's competitors?
O-I Glass's key competitors include Crown Holdings, Inc., Ball Corporation, Amcor, and others. These companies compete in similar markets and product categories.
What subsidiaries does O-I Glass have?
O-I Glass's subsidiaries include O-I Mexico.
Where is O-I Glass headquartered?
O-I Glass is headquartered in United States of America and employs approximately 23,000 people. It has been publicly traded since 1991.