O-I Glass (OI) Debt Ratio (2009 - 2026)
O-I Glass' (OI) Debt Ratio was 0.62 for Q2 2026, up 10.2% from 0.56 a year earlier and up 11.2% from the prior quarter.
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Analysis
O-I Glass (OI) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at O-I Glass was 0.55, down 4.0% from FY2024.
- By year, Debt Ratio came in at 0.57 in FY2024 (+12.2%), 0.51 in FY2023 (-1.7%), 0.52 in FY2022 (-4.7%) and 0.55 in FY2021 (-5.6%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q3 2020.
- Year over year, Debt Ratio gained in five of the last eight quarters, with growth averaging 4.4%.
- The high point for year-over-year Debt Ratio in five years was Q4 2024 (growth of 12.2%); the low point was Q1 2022 (a decline of 12.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.55 (Q1 2026), 0.55 (Q4 2025) and 0.55 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 0.31 |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | 0.25 |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 0.36 |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 0.38 |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 0.36 |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 0.42 |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 0.41 |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 0.50 |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 0.49 |
| 10 | O-I Glass | 889.69 Mn | -1.08 Bn | 214.00 Mn | 0.62 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.56 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.51 |
| 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 | 0.55 |
| Sep 30, 2021 | 0.56 |
API Access
O-I Glass Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=OI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "OI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();