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| Date | Value |
|---|---|
| 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 |