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

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

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

O-I Glass has reported Interest Coverage Ratio for 18 years, with the latest figure at 0.67 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio fell 401.9% year-over-year to 0.67; the trailing twelve-month figure through Mar 2026 stood at 0.24 (up 10.27% YoY), and the FY2025 full-year result was 0.03, down 222.8% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 0.67, up from 1.11 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 7.13 in Q2 2022, with the low at 9.48 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 0.24 across 5 years, with a median of 0.64 in 2025.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 302.1% — and 2026, when it plunged 401.9%.
  • O-I Glass' 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.
  • The last three Interest Coverage Ratio figures came in at 0.67 (Q1 2026), 1.11 (Q4 2025), and 0.64 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn -
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn -
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn -
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 2.71
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 4.65
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 8.14
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 3.76
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 2.86
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 4.67
10 O-I Glass 1.27 Bn 932.85 Mn 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