O-I Glass (OI) Debt Ratio (2009 - 2026)
O-I Glass' (OI) quarterly Debt Ratio came in at 0.62 in Q2 2026, up 10.22% YoY from 0.56 in Q2 2025, and up 11.24% on a QoQ basis from 0.55 in Q1 2026.
O-I Glass (OI) Debt Ratio (2009 - 2026) Analysis & Trends
O-I Glass (OI) has 18 years of Debt Ratio data on file, last reported at 0.62 in Q2 2026.
- Quarterly Debt Ratio rose 10.22% year-over-year to 0.62 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.62 (up 10.22% YoY) and the FY2025 annual result came in at 0.54, down 3.67% from the prior year.
- Debt Ratio rose to 0.62 in Q2 2026, from 0.55 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.62 in Q2 2026 to a low of 0.5 in Q4 2023.
- A 5-year average of 0.54 and a median of 0.54 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio declined 12.85% — and 2024, when it rose 12.17%.
- Tracing OI's Debt Ratio over 5 years: stood at 0.52 in 2022, then fell by 2.9% to 0.5 in 2023, then climbed by 12.17% to 0.56 in 2024, then fell by 3.67% to 0.54 in 2025, then advanced by 13.98% to 0.62 in 2026.
- The last three Debt Ratio figures came in at 0.62 (Q2 2026), 0.55 (Q1 2026), and 0.54 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 0.31 |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 0.00 |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 0.36 |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 0.25 |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 0.36 |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 0.40 |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 0.45 |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 0.41 |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 0.30 |
| 10 | O-I Glass | 980.08 Mn | 618.08 Mn | 214.00 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.54 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.56 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.53 |
| Jun 30, 2022 | 0.51 |
| Mar 31, 2022 | 0.53 |
| Dec 31, 2021 | 0.54 |
| Sep 30, 2021 | 0.56 |