📊 OI Key Takeaways
Is O-I Glass, Inc. /DE/ (OI) a Good Investment?
O-I Glass is operationally unprofitable with net losses deteriorating 25.2% YoY while carrying unsustainable leverage of 3.74x debt-to-equity. The company cannot cover interest expenses, has zero revenue growth, and faces margin compression—positive free cash flow alone cannot offset the structural solvency risks.
Why Buy O-I Glass, Inc. /DE/ Stock? OI Key Strengths
- Positive operating cash flow of $600M demonstrates underlying operational cash generation despite losses
- Positive free cash flow of $168M provides some debt service capacity
- Established market position in glass containers with $6.4B revenue base
OI Stock Risks: O-I Glass, Inc. /DE/ Investment Risks
- Unprofitable operations with negative operating margin (-0.8%) and net income declining 25.2% YoY
- Cannot cover interest expenses with negative interest coverage ratio of -0.1x—indicates debt sustainability crisis
- Excessive leverage with $4.8B long-term debt against only $1.3B equity (3.74x debt-to-equity ratio)
- Stalled growth with flat YoY revenue and negative ROE/ROA indicating capital destruction
- Quick ratio of 0.77x below 1.0 signals potential near-term liquidity stress
Key Metrics to Watch
- Operating margin recovery toward breakeven and path to profitability
- Interest coverage ratio improvement above 1.0x to demonstrate debt serviceability
- Debt reduction progress and leverage ratio trends below 3.0x
- Revenue growth inflection to support margin expansion
O-I Glass, Inc. /DE/ (OI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 2.6% FCF margin may limit capital allocation flexibility.
OI Profit Margin, ROE & Profitability Analysis
OI vs Materials Sector: How O-I Glass, Inc. /DE/ Compares
How O-I Glass, Inc. /DE/ compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is O-I Glass, Inc. /DE/ Stock Overvalued? OI Valuation Analysis 2026
Based on fundamental analysis, O-I Glass, Inc. /DE/ shows some fundamental concerns relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
O-I Glass, Inc. /DE/ Balance Sheet: OI Debt, Cash & Liquidity
OI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: O-I Glass, Inc. /DE/'s revenue has shown modest growth of 6% over the 5-year period. The most recent EPS of $-0.67 indicates the company is currently unprofitable.
OI Revenue Growth, EPS Growth & YoY Performance
OI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.7B | $9.0M | $0.06 |
| Q2 2025 | $1.7B | -$5.0M | $-0.03 |
| Q1 2025 | $1.6B | -$16.0M | $-0.10 |
| Q3 2024 | $1.7B | $48.0M | $0.31 |
| Q2 2024 | $1.7B | $57.0M | $0.36 |
| Q1 2024 | $1.6B | $72.0M | $0.45 |
| Q3 2023 | $1.7B | $51.0M | $0.32 |
| Q2 2023 | $1.8B | $110.0M | $0.69 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
O-I Glass, Inc. /DE/ Dividends, Buybacks & Capital Allocation
OI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for O-I Glass, Inc. /DE/ (CIK: 0000812074)
📋 Recent SEC Filings
❓ Frequently Asked Questions about OI
What is the AI rating for OI?
O-I Glass, Inc. /DE/ (OI) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.
What are OI's key strengths?
Claude: Positive operating cash flow of $600M demonstrates underlying operational cash generation despite losses. Positive free cash flow of $168M provides some debt service capacity.
What are the risks of investing in OI?
Claude: Unprofitable operations with negative operating margin (-0.8%) and net income declining 25.2% YoY. Cannot cover interest expenses with negative interest coverage ratio of -0.1x—indicates debt sustainability crisis.
What is OI's revenue and growth?
O-I Glass, Inc. /DE/ reported revenue of $6.4B.
Does OI pay dividends?
O-I Glass, Inc. /DE/ pays dividends, with $8.0M distributed to shareholders in the trailing twelve months.
Where can I find OI SEC filings?
Official SEC filings for O-I Glass, Inc. /DE/ (CIK: 0000812074) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is OI's EPS?
O-I Glass, Inc. /DE/ has a diluted EPS of $-0.84.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is OI a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, O-I Glass, Inc. /DE/ has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is OI stock overvalued or undervalued?
Valuation metrics for OI: ROE of -10.0% (sector avg: 14%), net margin of -2.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy OI stock in 2026?
Our dual AI analysis gives O-I Glass, Inc. /DE/ a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is OI's free cash flow?
O-I Glass, Inc. /DE/'s operating cash flow is $600.0M, with capital expenditures of $432.0M. FCF margin is 2.6%.
How does OI compare to other Materials stocks?
Vs Materials sector averages: Net margin -2.0% (avg: 10%), ROE -10.0% (avg: 14%), current ratio 1.25 (avg: 1.6).
Is O-I Glass, Inc. /DE/ carrying too much debt?
OI has a debt-to-equity ratio of 3.74x, which is above the Materials sector average of 0.6x. However, the current ratio of 1.25 suggests adequate short-term liquidity.