Stocks · Consumer Cyclical · Packaging & Containers

O-I Glass, Inc. OI

$5.60 -0.88% Close, Oct 2, 2026 · NYSE · Market cap $860.5M

Weak trend

Next earnings report: Nov 3, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The stock is 66% below its highest close of the past year.
  2. Over the past year the stock returned -57.2%, behind the S&P 500 by 72.3 percentage points.
  3. Net debt is 6.2× EBITDA, a high level of leverage.

PromtFinance scores

Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth10Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 24%
  • FCF growth (TTM, YoY)Bottom 2%
  • Revenue growth, 3-year CAGRBottom 30%
  • Revenue growth accelerationBottom 43%
Quality36Weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 41%
  • Gross marginBottom 10%
  • Operating marginTop 45%
  • Accruals (lower is better)Top 5%
  • Net debt / EBITDA (lower is better)Bottom 21%
  • Interest coverBottom 28%
Value35Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 2%
  • Free-cash-flow yieldBottom 16%
  • EBITDA / enterprise valueTop 13%
  • Sales / enterprise valueTop 36%
Momentum4Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 8%
  • 6-month returnBottom 2%
  • 1-year return vs S&P 500Bottom 7%
  • Distance from 52-week highBottom 6%
  • Trend checklist (0–4)Bottom 18%
Revisions23Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 15%
  • Consecutive EPS beatsBottom 13%
  • Share of analysts rating BuyBottom 29%
  • Upside to consensus price targetTop 9%
Stability23Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 15%
  • Maximum drawdown, 3 yearsBottom 29%
  • Beta vs S&P 500 (lower is better)Bottom 48%
  • Net debt / EBITDA (lower is better)Bottom 21%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-1.6%-1.9%↓
Gross margin15.5%14.8%↓
Operating margin7.4%8.0%↑
FCF margin0.2%-0.2%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-1.9%-1.6%↓Bottom 24%
Gross margin14.8%15.5%↓Bottom 10%
Operating margin8.0%7.4%↑Top 45%
Net margin-18.1%-3.9%↓—
Free-cash-flow margin-0.2%0.2%↓—
Return on invested capital8.0%—Top 41%
Revenue growth, 3-year CAGR-2.1%—Bottom 30%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-19.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.3%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+6.0 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
6.19×
Interest cover (operating income / interest)How many times operating profit covers interest.
1.5×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
3.49%
Shareholder yield
3.49%
Share count change, 1 year
-0.6%
Share count change, 3-year CAGR
-1.3%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
5 of 8
Average EPS surprise, last 4
-23.2%
Average 2-day reaction, last 8
-0.5%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$10.90
Target vs current price
+94.6%
Analysts with a rating
23
Share rating Buy or Strong Buy
39%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 28, 2026-62.7%-1.5%-19.0%-21.2%—
Apr 28, 2026-44.4%-3.4%-14.5%-14.3%-15.7%
Feb 10, 2026+5.3%-0.2%-10.8%-29.0%-44.6%
Nov 4, 2025+9.1%+0.3%+9.2%+13.2%+29.9%
Jul 29, 2025+29.3%+0.6%-10.1%-8.1%-15.5%
Apr 29, 2025+122.2%+1.5%+10.7%+12.0%+22.5%
Feb 4, 2025+28.6%+1.0%-0.5%-8.4%+9.0%
Oct 29, 2024-202.6%-2.4%-10.9%+1.8%-7.8%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 28, 2026$0.09$0.24-62.7%$1.67B
Apr 28, 2026$0.05$0.09-44.4%$1.54B
Feb 10, 2026$0.20$0.19+5.3%$1.50B
Nov 4, 2025$0.48$0.44+9.1%$1.65B
Jul 29, 2025$0.53$0.41+29.3%$1.71B
Apr 29, 2025$0.40$0.18+122.2%$1.57B
Feb 4, 2025-$0.05-$0.07+28.6%$1.53B
Oct 29, 2024-$0.04-$0.01-202.6%$1.68B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (forward)10.3×———
EV / EBITDA7.3×——Top 13%
EV / Sales0.87×——Top 36%
Free-cash-flow yield-1.63%——Bottom 16%
Earnings yield-134.29%——Bottom 2%

P/E over the past five years

Range 3.6× – 29.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-15.9%
200-day average slope (20 days)
-6.8%
Distance from 50-day average
-18.2%
Distance from 200-day average
-46.1%
RSI (14)
25.8
Relative volume
0.79×

Risk and drawdowns

Volatility, 60 days (annualized)
65.2%
Volatility vs own 5-year history
97th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
1.06
Correlation with S&P 500
0.36
Current drawdown from 1-year high
-66.3%
Maximum drawdown, 3 years
-67.6%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Mar 3, 2023Oct 2, 2026-76.1%899 daysNot yet recovered
Jun 2, 2021Dec 1, 2021-43.5%127 days275 days (Jan 5, 2023)
Oct 8, 2020Oct 30, 2020-21.3%16 days13 days (Nov 18, 2020)
Feb 9, 2021Feb 26, 2021-16.2%12 days19 days (Mar 25, 2021)
Nov 24, 2020Dec 22, 2020-15.0%19 days9 days (Jan 6, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$860.5M
EPS, diluted (TTM)
-$7.52
Revenue (TTM)
$6.36B
52-week range
$5.51 – $16.91
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$6.36B$6.86B$7.11B$6.53B$6.43B
Gross profit$1.09B$1.21B$1.50B$1.04B$1.11B
Operating income$539.0M$585.0M$813.0M$520.0M$633.0M
Net income$149.0M$584.0M-$103.0M-$106.0M-$129.0M
EPS (diluted)$0.93$3.67-$0.67-$0.69-$0.84
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$1.68B$1.53B$1.57B$1.71B$1.65B$1.50B$1.54B$1.67B
Net income-$80.0M-$154.0M-$16.0M-$5.0M$30.0M-$138.0M-$73.0M-$972.0M
EPS (diluted)-$0.52-$1.00-$0.10-$0.03$0.19-$0.90-$0.48-$6.33
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$687.0M$154.0M$818.0M$489.0M$600.0M
Capital expenditure-$398.0M-$539.0M-$688.0M-$617.0M-$432.0M
Free cash flow$289.0M-$385.0M$130.0M-$128.0M$168.0M
Dividends paid$0$0$0$0$0
Net share buybacks-$40.0M-$40.0M-$40.0M-$40.0M-$40.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$339.0M
Total assets
$8.09B
Total liabilities
$7.55B
Total debt
$4.99B
Net debt
$4.65B
Shareholders’ equity
$383.0M

As of Jun 30, 2026 (filed Jul 29, 2026).

Dividends

Ex-dateAmountPaid
Feb 27, 2020$0.05Mar 16, 2020
Nov 27, 2019$0.05Dec 16, 2019
Aug 29, 2019$0.05Sep 16, 2019
May 30, 2019$0.05Jun 17, 2019
Jan 18, 2019$0.05Feb 12, 2019

Short interest

Shares sold short
17,228,924
Days to cover
6.14
Change vs previous report
+15.3%

FINRA short interest, settlement date Sep 15, 2026.