O-I Glass (OI) Interest Expenses (2009 - 2026)
O-I Glass (OI) reported Interest Expenses of $79.0 million for Q1 2026, down 2.47% on a YoY basis from $81.0 million in Q1 2025, and down 5.95% quarter-over-quarter from $84.0 million in Q4 2025.
O-I Glass (OI) Interest Expenses (2009 - 2026) Analysis & Trends
O-I Glass has reported Interest Expenses for 18 years, with the latest figure at $79.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 2.47% year-over-year to $79.0 million; the trailing twelve-month figure through Mar 2026 stood at $339.0 million (changed 0.3% YoY), and the FY2025 full-year result was $341.0 million, up 1.79% from the prior year.
- Interest Expenses for Q1 2026 stood at $79.0 million, down from $84.0 million in the prior quarter.
- The five-year high for Interest Expenses was $118.0 million in Q2 2023, with the low at $46.0 million in Q2 2022.
- Historically, Interest Expenses has averaged $78.6 million across 5 years, with a median of $79.0 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 156.52% — and 2024, when it fell 26.27%.
- O-I Glass' Interest Expenses stood at $64.0 million in 2022, then advanced by 23.44% to $79.0 million in 2023, then grew by 5.06% to $83.0 million in 2024, then rose by 1.2% to $84.0 million in 2025, then slipped by 5.95% to $79.0 million in 2026.
- The last three Interest Expenses figures came in at $79.0 million (Q1 2026), $84.0 million (Q4 2025), and $91.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 170.00 Mn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 78.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 35.60 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 97.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 44.49 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 21.00 Mn |
| 10 | O-I Glass | 1.27 Bn | 932.85 Mn | 199.00 Mn | 79.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.00 Mn |
| Mar 31, 2026 | 79.00 Mn |
| Dec 31, 2025 | 84.00 Mn |
| Dec 31, 2025 | 84.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Jun 30, 2025 | 85.00 Mn |
| Jun 30, 2025 | 85.00 Mn |
| Mar 31, 2025 | 81.00 Mn |
| Mar 31, 2025 | 81.00 Mn |
| Dec 31, 2024 | 83.00 Mn |
| Dec 31, 2024 | 83.00 Mn |
| Sep 30, 2024 | 87.00 Mn |
| Sep 30, 2024 | 87.00 Mn |
| Jun 30, 2024 | 87.00 Mn |
| Jun 30, 2024 | 87.00 Mn |
| Mar 31, 2024 | 78.00 Mn |
| Mar 31, 2024 | 78.00 Mn |
| Dec 31, 2023 | 79.00 Mn |
| Dec 31, 2023 | 79.00 Mn |