O-I Glass (OI) Free Cash Flow (2009 - 2026)
O-I Glass (OI) reported Free Cash Flow of -$436.0 million for Q1 2026, down 42.48% on a YoY basis from -$758.0 million in Q1 2025, and down 241.1% quarter-over-quarter from $309.0 million in Q4 2025.
O-I Glass (OI) Free Cash Flow (2009 - 2026) Analysis & Trends
O-I Glass has reported Free Cash Flow for 18 years, with the latest figure at -$436.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 42.48% year-over-year to -$436.0 million; the trailing twelve-month figure through Mar 2026 stood at $38.0 million (down 22.45% YoY), and the FY2025 full-year result was $168.0 million, up 231.25% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$436.0 million, down from $309.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $471.0 million in Q3 2022, with the low at -$483.0 million in Q1 2024.
- Historically, Free Cash Flow has averaged $18.3 million across 5 years, with a median of $90.0 million in 2022.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 114.09% — and 2023, when it plunged 70.41%.
- O-I Glass' Free Cash Flow stood at $185.0 million in 2022, then fell by 14.59% to $158.0 million in 2023, then surged by 32.91% to $210.0 million in 2024, then surged by 47.14% to $309.0 million in 2025, then tumbled by 241.1% to -$436.0 million in 2026.
- The last three Free Cash Flow figures came in at -$436.0 million (Q1 2026), $309.0 million (Q4 2025), and $114.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | -420.00 Mn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 327.40 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 94.00 Mn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | -42.00 Mn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | -938.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 108.20 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | -141.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | -430.01 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 27.00 Mn |
| 10 | O-I Glass | 1.27 Bn | 932.85 Mn | 199.00 Mn | -436.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -436.00 Mn |
| Mar 31, 2026 | -436.00 Mn |
| Dec 31, 2025 | 309.00 Mn |
| Dec 31, 2025 | 309.00 Mn |
| Sep 30, 2025 | 114.00 Mn |
| Sep 30, 2025 | 114.00 Mn |
| Jun 30, 2025 | 51.00 Mn |
| Jun 30, 2025 | 51.00 Mn |
| Mar 31, 2025 | -306.00 Mn |
| Mar 31, 2025 | -306.00 Mn |
| Dec 31, 2024 | 210.00 Mn |
| Dec 31, 2024 | 210.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Jun 30, 2024 | 90.00 Mn |
| Jun 30, 2024 | 90.00 Mn |
| Mar 31, 2024 | -483.00 Mn |
| Mar 31, 2024 | -483.00 Mn |
| Dec 31, 2023 | 158.00 Mn |
| Dec 31, 2023 | 158.00 Mn |