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O-I Glass OI Operating margin

Operating margin at other companies

Ball Corporation logo
Ball CorporationBALL
9.6%+2.1pp
Crown Holdings logo
Crown HoldingsCCK
12.2%-0.7pp
Amcor logo
AmcorAMCR
6%-3.7pp
Trimas logo
TrimasTRS
8%-1.0pp
Greif logo
GreifGEF
10.5%+3.4pp
Sonoco Products logo
Sonoco ProductsSON
13.6%+6.9pp

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
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 October 30, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is O-I Glass's operating margin?
O-I Glass (OI) reported operating margin of 7.5% in Q3 2023.
How has O-I Glass's operating margin changed year-over-year?
O-I Glass's operating margin decreased by 40.5% year-over-year, from 12.6% to 7.5%.
What is the long-term trend for O-I Glass's operating margin?
Over 2 years (2020 to 2022), O-I Glass's operating margin has grown at a 42.3% compound annual growth rate (CAGR), from 5.8% to 11.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.