O-I Glass (OI) Gross Margin (2009 - 2026)
O-I Glass' (OI) quarterly Gross Margin came in at 12.83% in Q2 2026, down 470.0% YoY from 3.47% in Q2 2025, and down 0.71% on a QoQ basis from 12.92% in Q1 2026.
O-I Glass (OI) Gross Margin (2009 - 2026) Analysis & Trends
O-I Glass (OI) has 18 years of Gross Margin data on file, last reported at 12.83% in Q2 2026.
- Quarterly Gross Margin fell 470.0% year-over-year to 12.83% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.82% (down 64.0% YoY) and the FY2025 annual result came in at 17.26%, up 126.0% from the prior year.
- Gross Margin retreated to 12.83% in Q2 2026, from 12.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 26.43% in Q1 2023 to a low of 12.81% in Q3 2024.
- A 5-year average of 17.37% and a median of 17.7% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 847 bps — and 2024, when it tumbled 808 bps.
- Tracing OI's Gross Margin over 5 years: stood at 15.3% in 2022, then declined by 8 bps to 14.08% in 2023, then fell by 3 bps to 13.6% in 2024, then advanced by 13 bps to 15.33% in 2025, then dropped by 16 bps to 12.83% in 2026.
- The last three Gross Margin figures came in at 12.83% (Q2 2026), 12.92% (Q1 2026), and 15.33% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 17.42% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.90% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 20.58% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 27.65% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 17.44% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 29.62% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 20.39% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 20.81% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 25.95% |
| 10 | O-I Glass | 980.08 Mn | 618.08 Mn | 214.00 Mn | 12.83% |
Historic Data
Download 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% |