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
DateValue
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