O-I Glass (OI) Interest Coverage Ratio (2009 - 2026)

O-I Glass (OI) posted Interest Coverage Ratio of 0.67 for Q1 2026, up 39.4% quarter-over-quarter from 1.11 in Q4 2025, and down 401.9% year-on-year from 0.22 in Q1 2025.

O-I Glass (OI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

O-I Glass (OI) has reported Interest Coverage Ratio for 18 consecutive years, with 0.67 the latest figure, recorded in Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 0.67, down 401.9% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.24 (up 10.27% YoY), and the FY2025 annual result was 0.03, down 222.8% from the prior year.
  • Interest Coverage Ratio was 0.67 for Q1 2026 at O-I Glass, up from 1.11 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 7.13 in Q2 2022 and troughed at 9.48 in Q4 2022.
  • Average Interest Coverage Ratio over 5 years is 0.24, with a median of 0.64 recorded in 2025.
  • Year-over-year, Interest Coverage Ratio jumped 302.1% in 2022 and slumped 401.9% in 2026.
  • Over 5 years, Interest Coverage Ratio stood at 9.48 in 2022, then surged by 34.34% to 6.23 in 2023, then surged by 70.01% to 1.87 in 2024, then soared by 40.71% to 1.11 in 2025, then jumped by 39.4% to 0.67 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.67 in Q1 2026, 1.11 in Q4 2025, and 0.64 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Ball 88.75 Bn 87.87 Bn 646.00 Mn 4.65
2 International Paper 24.05 Bn 22.75 Bn 1.73 Bn -
3 Avery Dennison 12.53 Bn 12.27 Bn 664.80 Mn 8.14
4 Crown Holdings 12.47 Bn 12.38 Bn 644.00 Mn 3.76
5 Reynolds Consumer Products 5.71 Bn 5.64 Bn 207.00 Mn 4.67
6 Sonoco Products 5.57 Bn 5.37 Bn 345.63 Mn 2.86
7 Silgan Holdings 4.87 Bn 4.43 Bn 265.78 Mn 2.98
8 Graphic Packaging Holding 3.15 Bn 2.96 Bn 306.00 Mn 0.30
9 Ardagh Metal Packaging 2.81 Bn 2.81 Bn 179.00 -
10 O-I Glass 1.46 Bn 1.13 Bn 199.00 Mn -0.67

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.67
Dec 31, 2025 -1.11
Sep 30, 2025 0.64
Jun 30, 2025 0.08
Mar 31, 2025 0.22
Dec 31, 2024 -1.87
Sep 30, 2024 -0.66
Jun 30, 2024 1.20
Mar 31, 2024 1.50
Dec 31, 2023 -6.23
Sep 30, 2023 1.05
Jun 30, 2023 1.31
Mar 31, 2023 3.97
Dec 31, 2022 -9.48
Sep 30, 2022 4.41
Jun 30, 2022 7.13
Mar 31, 2022 2.58
Dec 31, 2021 -3.02
Sep 30, 2021 2.54
Jun 30, 2021 3.81