O-I Glass (OI) Net Margin (2009 - 2026)
O-I Glass (OI) recorded Net Margin of -58.27% in Q2 2026, down 57.98 percentage points from -0.29% a year earlier and down 53.53 percentage points from the prior quarter.
Powered by 
Analysis
O-I Glass (OI) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, O-I Glass' Net Margin came in at -18.13% as of Jun 30, 2026, down 14.19 percentage points year-over-year; for FY2025, it came in at -2.01%, down 0.38 percentage points from FY2024.
- Annual Net Margin has declined for three straight years, with a five-year change of -6.10 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -1.62% in FY2024 (-0.17 pp), -1.45% in FY2023 (-9.97 pp), 8.52% in FY2022 (+6.17 pp) and 2.34% in FY2021 (-1.74 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin in data going back to Q1 2009.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -6.56 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 18.57 percentage points in Q4 2024, against a drop of 57.98 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -4.74% (Q1 2026), -9.20% (Q4 2025) and 1.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 1.11% |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | -0.20% |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 7.72% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 6.08% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 5.53% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 6.68% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 5.56% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 4.61% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 1.10% |
| 10 | O-I Glass | 889.69 Mn | -1.08 Bn | 214.00 Mn | -58.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -58.27% |
| Mar 31, 2026 | -4.74% |
| Dec 31, 2025 | -9.20% |
| Sep 30, 2025 | 1.81% |
| Jun 30, 2025 | -0.29% |
| Mar 31, 2025 | -1.02% |
| Dec 31, 2024 | -10.07% |
| Sep 30, 2024 | -4.76% |
| Jun 30, 2024 | 3.30% |
| Mar 31, 2024 | 4.52% |
| Dec 31, 2023 | -28.64% |
| Sep 30, 2023 | 2.93% |
| Jun 30, 2023 | 5.82% |
| Mar 31, 2023 | 11.25% |
| Dec 31, 2022 | 0.77% |
| Sep 30, 2022 | 13.64% |
| Jun 30, 2022 | 14.17% |
| Mar 31, 2022 | 5.20% |
| Dec 31, 2021 | 2.71% |
| Sep 30, 2021 | 5.28% |
API Access
O-I Glass Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=OI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "OI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();