O-I Glass (OI) Interest Coverage Ratio (2009 - 2026)
O-I Glass' (OI) quarterly Interest Coverage Ratio came in at 4.78 in Q2 2026, down 12255.74% YoY from N/an in Q2 2025, and down 612.54% on a QoQ basis from 0.67 in Q1 2026.
O-I Glass (OI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
O-I Glass (OI) has 18 years of Interest Coverage Ratio data on file, last reported at 4.78 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 12255.74% year-over-year to 4.78 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.14 (down 110.94% YoY) and the FY2025 annual result came in at 1.31, down 4.9% from the prior year.
- Interest Coverage Ratio slipped to 4.78 in Q2 2026, from 0.67 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 9.08 in Q4 2025 to a low of 4.78 in Q2 2026.
- A 5-year average of 2.2 and a median of 1.25 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio soared 1222.67% — and 2026, when it plunged 12255.74%.
- Tracing OI's Interest Coverage Ratio over 5 years: stood at 0.43 in 2022, then soared by 1222.67% to 5.72 in 2023, then increased by 11.07% to 6.36 in 2024, then surged by 42.85% to 9.08 in 2025, then plunged by 152.63% to 4.78 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.78 (Q2 2026), 0.67 (Q1 2026), and 9.08 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | - |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 3.82 |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | - |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 7.69 |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 4.87 |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 9.32 |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 4.42 |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 4.24 |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 6.27 |
| 10 | O-I Glass | 980.08 Mn | 618.08 Mn | 214.00 Mn | -9.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.78 |
| Mar 31, 2026 | -0.67 |
| Dec 31, 2025 | 9.08 |
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.22 |
| Dec 31, 2024 | 6.36 |
| Sep 30, 2024 | -0.66 |
| Jun 30, 2024 | 1.20 |
| Mar 31, 2024 | 1.50 |
| Dec 31, 2023 | 5.73 |
| Sep 30, 2023 | 1.05 |
| Jun 30, 2023 | 1.31 |
| Mar 31, 2023 | 3.97 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 4.41 |
| Jun 30, 2022 | 7.13 |
| Mar 31, 2022 | 2.58 |
| Dec 31, 2021 | 1.00 |
| Sep 30, 2021 | 2.54 |