OI Stock Analysis: O-I Glass | NYSE
Packaging & Containers | NYSE, USA | Market Cap: 1.501m USD | 12M Return: -40.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 25.1M
EPS Trend: -69.0%
Qual. Beats: -1
Rev. Trend: -94.8%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
O-I Glass, Inc. is a global manufacturer of glass containers serving food and beverage producers across the Americas, Europe, and other international markets. The companys product line spans alcoholic beverages (beer, spirits, wine), non-alcoholic drinks (soft drinks, teas, juices), food products, and pharmaceutical packaging, offered in various sizes, shapes, and colors. O-I distributes its containers both directly to customers through annual or multi-year supply contracts and via third-party distributors.
The company, founded in 1903 and headquartered in Perrysburg, Ohio, was originally known as Owens-Illinois, Inc. before rebranding to O-I Glass, Inc. in December 2019. It trades on the NYSE under the ticker OI and is classified within the GICS Materials sector, specifically the Metal, Glass & Plastic Containers sub-industry. As a B2B packaging supplier, O-I competes with alternative materials such as plastic, aluminum, and PET, and its multi-year supply agreement model reflects the typical structure of the industrial packaging industry, where container manufacturers maintain long-term contractual relationships with consumer goods producers.
- Energy and input cost inflation pressures glass container margins
- Debt reduction remains priority amid high leverage profile
- Alternative packaging competition threatens glass container market share
| Net Income: -186.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.14 > 1.0 |
| NWC/Revenue: 7.66% < 20% (prev 7.07%; Δ 0.58% < -1%) |
| CFO/TA 0.05 > 3% & CFO 477.0m > Net Income -186.0m |
| Net Debt (4.64b) to EBITDA (711.0m): 6.53 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (152.7m) vs 12m ago -0.67% < -2% |
| Gross Margin: 16.05% > 18% (prev 15.47%; Δ 0.58% > 0.5%) |
| Asset Turnover: 72.39% > 50% (prev 74.51%; Δ -2.12% > 0%) |
| Interest Coverage Ratio: 0.65 > 6 (EBIT TTM 221.0m / Interest Expense TTM 342.0m) |
| A: 0.05 (Total Current Assets 2.38b - Total Current Liabilities 1.89b) / Total Assets 8.95b |
| B: 0.05 (Retained Earnings 475.0m / Total Assets 8.95b) |
| C: 0.03 (EBIT TTM 221.0m / Avg Total Assets 8.84b) |
| D: 0.17 (Book Value of Equity 1.28b / Total Liabilities 7.52b) |
| Altman-Z'' = 0.88 = B |
| DSRI: 1.08 (Receivables 805.0m/758.0m, Revenue 6.40b/6.50b) |
| GMI: 0.96 (GM 15.47% / 16.05%) |
| AQI: 1.04 (AQ_t 0.35 / AQ_t-1 0.34) |
| SGI: 0.98 (Revenue 6.40b / 6.50b) |
| TATA: -0.07 (NI -186.0m - CFO 477.0m) / TA 8.95b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at USD 9.30 with a total of 1,293,558 shares traded. Over the past week, the price has changed by -3.02%, over one month by +11.78%, over three months by -13.08% and over the past year by -40.42%.
Current recommended Stop Loss: 8.70 (which is 6.5% or 1.4 ATR below the current price).
O-I Glass has received a consensus analysts rating of 4.20. Therefore, it is recommended to buy OI.
- StrongBuy: 5
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 13.1 | 41% |
P/E Forward = 6.993
P/S = 0.2345
P/B = 1.1762
P/EG = 0.3492
Revenue TTM = 6.40b USD
EBIT TTM = 221.0m USD
EBITDA TTM = 711.0m USD
Long Term Debt = 4.80b USD (from longTermDebt, last quarter)
Short Term Debt = 160.0m USD (from shortTermDebt, last quarter)
Debt = 4.96b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.64b USD (calculated: Debt 4.96b - CCE 317.0m)
Enterprise Value = 6.14b USD (1.50b + Debt 4.96b - CCE 317.0m)
Interest Coverage Ratio = 0.65 (Ebit TTM 221.0m / Interest Expense TTM 342.0m)
EV/FCF = 161.7x (Enterprise Value 6.14b / FCF TTM 38.0m)
FCF Yield = 0.62% (FCF TTM 38.0m / Enterprise Value 6.14b)
FCF Margin = 0.59% (FCF TTM 38.0m / Revenue TTM 6.40b)
Net Margin = -2.91% (Net Income TTM -186.0m / Revenue TTM 6.40b)
Gross Margin = 16.05% ((Revenue TTM 6.40b - Cost of Revenue TTM 5.37b) / Revenue TTM)
Gross Margin QoQ = 12.92% (prev 15.27%)
Tobins Q-Ratio = 0.69 (Enterprise Value 6.14b / Total Assets 8.95b)
Interest Expense / Debt = 6.90% (Interest Expense 342.0m / Debt 4.96b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 174.6m (EBIT 221.0m * (1 - 21.00%))
Current Ratio = 1.26 (Total Current Assets 2.38b / Total Current Liabilities 1.89b)
Debt / Equity = 3.89 (Debt 4.96b / totalStockholderEquity, last quarter 1.28b)
Debt / EBITDA = 6.53 (Net Debt 4.64b / EBITDA 711.0m)
Debt / FCF = 122.2 (Net Debt 4.64b / FCF TTM 38.0m)
Total Stockholder Equity = 1.28b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.10% (Net Income -186.0m / Total Assets 8.95b)
RoE = -14.49% (Net Income TTM -186.0m / Total Stockholder Equity 1.28b)
RoCE = 3.63% (EBIT 221.0m / Capital Employed (Equity 1.28b + L.T.Debt 4.80b))
RoIC = 2.53% (NOPAT 174.6m / Invested Capital 6.90b)
WACC = 6.43% (E(1.50b)/V(6.46b) * Re(9.67%) + D(4.96b)/V(6.46b) * Rd(6.90%) * (1-Tc(0.21)))
Discount Rate = 9.67% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -60.0 | Cagr: -0.45%
[DCF] Terminal Value 73.10% ; FCFF base≈42.4m ; Y1≈37.2m ; Y5≈30.0m
[DCF] Fair Price = N/A (negative equity: EV 482.2m - Net Debt 4.64b = -4.16b; debt exceeds intrinsic value)
EPS Correlation: -68.98 | EPS CAGR: -34.53% | SUE: -0.95 | # QB: -1
Revenue Correlation: -94.81 | Revenue CAGR: -4.37% | SUE: 1.53 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=-3.28% | Revisions=-70% | Analysts=8
EPS next Quarter (2026-09-30): EPS=0.48 | Chg30d=+1.31% | Revisions=-70% | Analysts=8
EPS current Year (2026-12-31): EPS=1.19 | Chg30d=+0.00% | Revisions=-70% | GrowthEPS=-25.4% | GrowthRev=+1.0%
EPS next Year (2027-12-31): EPS=1.90 | Chg30d=+0.00% | Revisions=-55% | GrowthEPS=+59.0% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: -84% (up=1, down=28)