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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

O-I Glass, Inc. (OI) Quarterly Financial Ratios

Last 48 quarters of trend data · Consumer Cyclical · Packaging & Containers

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

EV/EBITDA has expanded 26.5% YoY to 7.4x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-10.71——17.07————7.739.22—13.077.73
————————+0.0%+109.4%—+485.4%+251.1%
P/S Ratio0.210.260.380.300.330.280.270.300.250.410.380.380.45
—-7.4%+37.8%+0.8%+31.3%-31.8%-29.1%-21.0%-43.7%-16.4%-1.2%+25.8%+43.7%
P/B Ratio0.960.711.561.371.661.411.391.371.071.441.451.261.59
—-49.6%+12.7%-0.0%+54.4%-2.0%-4.3%+8.6%-32.3%-24.8%-16.1%-11.1%-10.3%
P/FCF8.21—1.834.4111.13—1.999.224.87—4.004.697.20
——-8.1%-52.1%+128.7%—-50.3%+96.5%-32.4%—+12.1%—+16.5%
EV / EBITDA5.017.447.035.395.865.888.257.695.355.899.325.095.11
—+26.5%-14.7%-29.9%+9.5%-0.2%-11.5%+50.9%+4.7%+30.4%-15.1%-2.5%+0.6%
EV / EBIT8.8817.16—10.8118.8016.04—54.338.1510.36—8.247.04
—+7.0%—-80.1%+130.5%+54.8%—+559.7%+15.7%+77.8%—+83.8%+74.0%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

O-I Glass, Inc.'s operating margin was 5.9% in Q1 2026, down 1.0 pp QoQ and down 3.8 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 8.5% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 27.7% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin17.3%12.9%15.3%18.1%17.5%17.9%13.6%12.8%17.5%19.6%14.1%20.9%22.0%
—-27.7%+12.2%+41.7%+0.0%-9.1%-3.4%-38.7%-20.4%-24.9%-4.7%+10.1%+20.4%
Operating Margin9.9%5.9%6.9%11.0%10.3%9.7%4.6%5.1%9.6%11.2%3.8%11.8%13.3%
—-39.1%+50.0%+117.5%+6.8%-13.7%+21.2%-57.2%-27.7%-35.5%-37.3%+11.8%+29.7%
Net Margin-2.0%-4.7%-9.2%1.8%-0.3%-1.0%-10.1%-4.8%3.3%4.5%-28.6%2.9%5.8%
—-364.2%+8.7%+138.1%-108.9%-122.6%+64.8%-262.8%-43.4%-59.8%-3829.8%-78.6%-58.9%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-9.7%-3.9%-9.5%2.1%-0.4%-1.3%-11.5%-5.1%3.3%4.0%-24.4%2.4%5.5%
—-202.5%+17.4%+141.1%-111.6%-132.3%+52.9%-314.5%-39.6%-66.6%-2892.3%-85.9%-74.4%
ROA-1.4%-0.8%-1.5%0.3%-0.1%-0.2%-1.7%-0.9%0.6%0.8%-4.8%0.5%1.1%
—-335.9%+12.7%+138.0%-109.2%-124.4%+64.7%-264.7%-46.5%-66.1%-3397.8%-80.3%-59.9%
ROIC8.4%1.1%1.3%2.3%2.2%2.0%0.9%1.1%2.0%2.2%0.8%2.4%3.0%
—-46.3%+43.3%+114.7%+10.9%-8.6%+18.8%-56.8%-33.3%-46.2%-44.3%-3.3%+13.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

O-I Glass, Inc.'s Debt/EBITDA ratio is 23.6x, up from 21.6x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has declined for 6 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity3.462.203.463.483.754.014.123.543.162.702.842.332.34
—-45.2%-16.1%-1.7%+18.8%+48.5%+45.4%+52.3%+34.7%+7.0%-8.1%-26.8%-34.3%
Debt / EBITDA4.4623.6221.6416.7717.4018.5627.7624.7517.6916.2328.1014.7513.39
—+27.2%-22.0%-32.2%-1.6%+14.4%-1.2%+67.7%+32.2%+48.8%-10.6%-5.9%-11.2%
Current Ratio1.251.261.251.331.241.241.151.231.261.021.231.401.42
—+1.7%+8.5%+8.4%-1.8%+21.1%-6.7%-12.1%-11.4%-16.2%+11.3%+20.8%-2.9%
Quick Ratio0.770.730.770.840.770.730.700.770.750.560.770.870.94
—+0.1%+9.1%+8.9%+3.0%+30.7%-9.2%-11.1%-20.5%-27.5%+3.8%+11.3%-9.1%
Interest Coverage0.861.15-0.581.621.081.22-0.510.342.202.22-4.562.642.31
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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OI — Frequently Asked Questions

Quick answers to the most common questions about buying OI stock.

What is O-I Glass, Inc.'s quarterly P/E ratio trend?

O-I Glass, Inc.'s current P/E is -10.7x. The average P/E over the last 1 quarters is 17.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do O-I Glass, Inc.'s margins change by quarter?

O-I Glass, Inc.'s current operating margin is 9.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at OI quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking O-I Glass, Inc.'s business trajectory between earnings reports.

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