O-I Glass (OI) Interest Expenses (2009 - 2026)
O-I Glass' (OI) quarterly Interest Expenses came in at $173.0 million in Q2 2026, down 2.81% YoY from $178.0 million in Q2 2025, and up 118.99% on a QoQ basis from $79.0 million in Q1 2026.
O-I Glass (OI) Interest Expenses (2009 - 2026) Analysis & Trends
O-I Glass (OI) has 18 years of Interest Expenses data on file, last reported at $173.0 million in Q2 2026.
- Quarterly Interest Expenses fell 2.81% year-over-year to $173.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $427.0 million (down 2.51% YoY) and the FY2025 annual result came in at $647.0 million, up 18.93% from the prior year.
- Interest Expenses climbed to $173.0 million in Q2 2026, from $79.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $178.0 million in Q2 2025 to a low of $46.0 million in Q2 2022.
- A 5-year average of $92.0 million and a median of $82.5 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 156.52% — and 2024, when it fell 26.27%.
- Tracing OI's Interest Expenses over 5 years: stood at $67.0 million in 2022, then jumped by 79.1% to $120.0 million in 2023, then fell by 23.33% to $92.0 million in 2024, then fell by 8.7% to $84.0 million in 2025, then soared by 105.95% to $173.0 million in 2026.
- The last three Interest Expenses figures came in at $173.0 million (Q2 2026), $79.0 million (Q1 2026), and $84.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.90 Bn | 25.22 Bn | 1.40 Bn | - |
| 2 | Amcor | 22.53 Bn | 21.41 Bn | 1.34 Bn | 169.00 Mn |
| 3 | Packaging Corp Of America | 22.42 Bn | 21.83 Bn | 512.50 Mn | - |
| 4 | International Paper | 22.01 Bn | 21.29 Bn | 1.66 Bn | 87.00 Mn |
| 5 | Ball | 16.88 Bn | 16.20 Bn | 697.00 Mn | 79.00 Mn |
| 6 | Avery Dennison | 14.03 Bn | 13.80 Bn | 729.40 Mn | 35.90 Mn |
| 7 | Crown Holdings | 13.03 Bn | 12.38 Bn | 748.00 Mn | 105.00 Mn |
| 8 | Sonoco Products | 5.91 Bn | 5.74 Bn | 392.38 Mn | 45.48 Mn |
| 9 | Reynolds Consumer Products | 5.36 Bn | 5.29 Bn | 245.00 Mn | 22.00 Mn |
| 10 | O-I Glass | 1.09 Bn | 731.67 Mn | 214.00 Mn | 86.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 173.00 Mn |
| Jun 30, 2026 | 173.00 Mn |
| 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 | 178.00 Mn |
| Jun 30, 2025 | 178.00 Mn |
| Mar 31, 2025 | 81.00 Mn |
| Mar 31, 2025 | 81.00 Mn |
| Dec 31, 2024 | 92.00 Mn |
| Dec 31, 2024 | 92.00 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 |