O-I Glass (OI) Debt to Equity (2009 - 2026)
O-I Glass (OI) reported Debt to Equity of $3.4 for Q1 2026, down 12.46% on a YoY basis from $3.88 in Q1 2025, and down 1.82% quarter-over-quarter from $3.46 in Q4 2025.
O-I Glass (OI) Debt to Equity (2009 - 2026) Analysis & Trends
O-I Glass has reported Debt to Equity for 18 years, with the latest figure at $3.4 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 12.46% year-over-year to $3.4; the trailing twelve-month figure through Mar 2026 stood at $3.4 (down 12.46% YoY), and the FY2025 full-year result was $3.46, down 8.68% from the prior year.
- Debt to Equity for Q1 2026 stood at $3.4, down from $3.46 in the prior quarter.
- The five-year high for Debt to Equity was $4.2 in Q1 2022, with the low at $2.26 in Q3 2023.
- Historically, Debt to Equity has averaged $3.2 across 5 years, with a median of $3.39 in 2025.
- Annual changes were most pronounced in 2022 — Debt to Equity plunged 78.77% — and 2024, when it jumped 51.43%.
- O-I Glass' Debt to Equity stood at $3.06 in 2022, then fell by 9.22% to $2.78 in 2023, then soared by 36.51% to $3.79 in 2024, then decreased by 8.68% to $3.46 in 2025, then decreased by 1.82% to $3.4 in 2026.
- The last three Debt to Equity figures came in at $3.4 (Q1 2026), $3.46 (Q4 2025), and $3.39 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 0.79 |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 0.86 |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 0.61 |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 1.31 |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 1.27 |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 1.65 |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 1.97 |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 1.31 |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 0.68 |
| 10 | O-I Glass | 1.27 Bn | 932.85 Mn | 199.00 Mn | 3.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.40 |
| Dec 31, 2025 | 3.46 |
| Sep 30, 2025 | 3.39 |
| Jun 30, 2025 | 3.65 |
| Mar 31, 2025 | 3.88 |
| Dec 31, 2024 | 3.79 |
| Sep 30, 2024 | 3.42 |
| Jun 30, 2024 | 2.86 |
| Mar 31, 2024 | 2.70 |
| Dec 31, 2023 | 2.78 |
| Sep 30, 2023 | 2.26 |
| Jun 30, 2023 | 2.34 |
| Mar 31, 2023 | 2.53 |
| Dec 31, 2022 | 3.06 |
| Sep 30, 2022 | 3.14 |
| Jun 30, 2022 | 3.54 |
| Mar 31, 2022 | 4.20 |
| Dec 31, 2021 | 5.79 |
| Sep 30, 2021 | 8.58 |
| Jun 30, 2021 | 9.99 |