What is O-I Glass's current ratio?

O-I Glass (OI) reported current ratio of 1.3× in Q1 2026.

How has O-I Glass's current ratio changed year-over-year?

O-I Glass's current ratio increased by 1.7% year-over-year, from 1.2× to 1.3×.

What is the long-term trend for O-I Glass's current ratio?

Over 5 years (2020 to 2025), O-I Glass's current ratio has grown at a 0.6% compound annual growth rate (CAGR), from 1.2× to 1.2×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

O-I Glass OI Current ratio

Current ratio at other companies

Ball CorporationBALL

1.1×+0.1×

Silgan HoldingsSLGN

1.3×+0.1×

Crown HoldingsCCK

1.1×+0.2×

AmcorAMCR

1.4×-0.3×

TrimasTRS

4.9×+2.0×

GreifGEF

1.3×0.0×

Other financials

Income statement

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Revenue$1.5B-1.7%

Gross profit$199.0M-28.9%

Operating income-$53.0M-394%

Net income-$73.0M-356%

EPS (diluted)-$0.48-380%

Balance sheet

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Cash & equivalents$317.0M-25.2%

Total debt$5.0B-1.0%

Total equity$1.3B+19.9%

Total assets$9.0B+2.5%

Cash flow

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Operating cash flow-$294.0M-71.9%

CapEx$142.0M+5.2%

Free cash flow-$436.0M-42.5%

Valuation

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Market cap$1.47B-9.4%

Enterprise value$6.11B-1.7%

P/S0.2×0.0×

Profitability

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Gross margin16.1%+0.6pp

Operating margin7.5%-5.1pp

Net margin-2.9%-0.1pp

FCF margin4.1%—

Returns & leverage

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Return on equity-10.9%+7.0pp

Debt / equity4.1×-0.6×

Where this comes from

Calculated from O-I Glass’s reported figures.

total current assets/total current liabilities=1.3×

Based on the most recent quarter.

The official record: O-I Glass’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is O-I Glass's current ratio?: O-I Glass (OI) reported current ratio of 1.3× in Q1 2026.
How has O-I Glass's current ratio changed year-over-year?: O-I Glass's current ratio increased by 1.7% year-over-year, from 1.2× to 1.3×.
What is the long-term trend for O-I Glass's current ratio?: Over 5 years (2020 to 2025), O-I Glass's current ratio has grown at a 0.6% compound annual growth rate (CAGR), from 1.2× to 1.2×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.