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O-I Glass OI Interest coverage

Interest coverage at other companies

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4.6×+1.1×
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3.2×0.0×
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3.9×+0.4×
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2.1×-1.8×
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1.6×-0.4×
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4.6×+2.7×

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-32.4%
Enterprise value$6.11B-9.6%
P/S0.2×-0.1×

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×
Current ratio1.3×0.0×

Where this comes from

Calculated from O-I Glass’s reported figures.

Based on trailing twelve months.

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 interest coverage?
O-I Glass (OI) reported interest coverage of 0.2× in Q1 2026.
How has O-I Glass's interest coverage changed year-over-year?
O-I Glass's interest coverage decreased by 47.0% year-over-year, from 0.5× to 0.2×.
What is the long-term trend for O-I Glass's interest coverage?
Over 5 years (2020 to 2025), O-I Glass's interest coverage has grown at a -19.4% compound annual growth rate (CAGR), from 1.3× to 0.5×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.