O-I Glass (OI) Debt Ratio (2009 - 2026)

O-I Glass (OI) reported Debt Ratio of 0.54 for Q1 2026, down 2.11% on a YoY basis from 0.56 in Q1 2025, and little changed quarter-over-quarter from 0.54 in Q4 2025.

O-I Glass (OI) Debt Ratio (2009 - 2026) Analysis & Trends

O-I Glass has reported Debt Ratio for 18 years, with the latest figure at 0.54 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 2.11% year-over-year to 0.54; the trailing twelve-month figure through Mar 2026 stood at 0.54 (down 2.11% YoY), and the FY2025 full-year result was 0.54, up 2.53% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.54, roughly flat from 0.54 in the prior quarter.
  • The five-year high for Debt Ratio was 0.56 in Q1 2025, with the low at 0.49 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.52 across 5 years, with a median of 0.52 in 2024.
  • Annual changes were most pronounced in 2022 — Debt Ratio slipped 11.25% — and 2024, when it rose 10.25%.
  • O-I Glass' Debt Ratio stood at 0.52 in 2022, then fell by 2.9% to 0.5 in 2023, then climbed by 5.38% to 0.53 in 2024, then increased by 2.53% to 0.54 in 2025, then advanced by 0.48% to 0.54 in 2026.
  • The last three Debt Ratio figures came in at 0.54 (Q1 2026), 0.54 (Q4 2025), and 0.54 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 0.32
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 0.37
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 0.25
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 0.41
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 0.36
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 0.42
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 0.40
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 0.42
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 0.31
10 O-I Glass 1.27 Bn 932.85 Mn 199.00 Mn 0.54

Historic Data

Download Data
DateValue
Mar 31, 2026 0.54
Dec 31, 2025 0.54
Sep 30, 2025 0.54
Jun 30, 2025 0.55
Mar 31, 2025 0.56
Dec 31, 2024 0.53
Sep 30, 2024 0.54
Jun 30, 2024 0.50
Mar 31, 2024 0.52
Dec 31, 2023 0.50
Sep 30, 2023 0.49
Jun 30, 2023 0.51
Mar 31, 2023 0.51
Dec 31, 2022 0.52
Sep 30, 2022 0.53
Jun 30, 2022 0.50
Mar 31, 2022 0.52
Dec 31, 2021 0.54
Sep 30, 2021 0.56
Jun 30, 2021 0.57