O-I Glass (OI) Gross Margin (2009 - 2026)
O-I Glass (OI) recorded Gross Margin of 12.83% in Q2 2026, down 4.70 percentage points from 17.53% a year earlier and down 0.09 percentage points from the prior quarter.
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Analysis
O-I Glass (OI) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, O-I Glass' Gross Margin came in at 14.82% as of Jun 30, 2026, down 0.64 percentage points year-over-year; for FY2025, it was 17.26%, up 1.26 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +1.30 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 16.00% in FY2024 (-5.05 pp), 21.06% in FY2023 (+3.36 pp), 17.69% in FY2022 (+0.53 pp) and 17.16% in FY2021 (+1.20 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin since Q3 2024.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -1.65 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 8.47 percentage points in Q1 2023, against a drop of 8.08 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.92% (Q1 2026), 15.33% (Q4 2025) and 18.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 17.42% |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | 27.65% |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 20.58% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 20.90% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 17.44% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 20.39% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 20.81% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 17.94% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 13.35% |
| 10 | O-I Glass | 889.69 Mn | -1.08 Bn | 214.00 Mn | 12.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.83% |
| Mar 31, 2026 | 12.92% |
| Dec 31, 2025 | 15.33% |
| Sep 30, 2025 | 18.15% |
| Jun 30, 2025 | 17.53% |
| Mar 31, 2025 | 17.87% |
| Dec 31, 2024 | 13.60% |
| Sep 30, 2024 | 12.81% |
| Jun 30, 2024 | 17.52% |
| Mar 31, 2024 | 19.96% |
| Dec 31, 2023 | 14.08% |
| Sep 30, 2023 | 20.88% |
| Jun 30, 2023 | 22.01% |
| Mar 31, 2023 | 26.43% |
| Dec 31, 2022 | 15.30% |
| Sep 30, 2022 | 19.20% |
| Jun 30, 2022 | 18.28% |
| Mar 31, 2022 | 17.97% |
| Dec 31, 2021 | 14.93% |
| Sep 30, 2021 | 18.77% |
API Access
O-I Glass Gross Margin 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=gross-margin&ticker=OI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();