O-I Glass (OI) Operating Margin (2009 - 2026)

O-I Glass (OI) posted Operating Margin of 3.44% for Q1 2026, up 44.49% quarter-over-quarter from 6.2% in Q4 2025, and down 459.0% year-on-year from 0.96% in Q1 2025.

O-I Glass (OI) Operating Margin (2009 - 2026) Analysis & Trends

O-I Glass (OI) has reported Operating Margin for 18 consecutive years, with 3.44% the latest figure, recorded in Q1 2026.

  • Operating Margin for Q1 2026 came in at 3.44%, down 459.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.27% (up 12.0% YoY), and the FY2025 annual result was 0.16%, down 28.0% from the prior year.
  • Operating Margin was 3.44% for Q1 2026 at O-I Glass, up from 6.2% in the prior quarter.
  • Over five years, Operating Margin peaked at 18.45% in Q2 2022 and troughed at 35.85% in Q4 2022.
  • Average Operating Margin over 5 years is 0.11%, with a median of 3.51% recorded in 2025.
  • Year-over-year, Operating Margin sank 2388 bps in 2022 and jumped 1984 bps in 2024.
  • Over 5 years, Operating Margin stood at 35.85% in 2022, then climbed by 16 bps to 29.98% in 2023, then soared by 66 bps to 10.14% in 2024, then jumped by 39 bps to 6.2% in 2025, then soared by 44 bps to 3.44% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 3.44% in Q1 2026, 6.2% in Q4 2025, and 3.51% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Ball 88.75 Bn 87.87 Bn 646.00 Mn 10.07%
2 International Paper 24.05 Bn 22.75 Bn 1.73 Bn 13.13%
3 Avery Dennison 12.53 Bn 12.27 Bn 664.80 Mn 12.60%
4 Crown Holdings 12.47 Bn 12.38 Bn 644.00 Mn 11.20%
5 Reynolds Consumer Products 5.71 Bn 5.64 Bn 207.00 Mn 11.17%
6 Sonoco Products 5.57 Bn 5.37 Bn 345.63 Mn 7.58%
7 Silgan Holdings 4.87 Bn 4.43 Bn 265.78 Mn 8.11%
8 Graphic Packaging Holding 3.15 Bn 2.96 Bn 306.00 Mn 0.88%
9 Ardagh Metal Packaging 2.81 Bn 2.81 Bn 179.00 3.99%
10 O-I Glass 1.46 Bn 1.13 Bn 199.00 Mn -3.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.44%
Dec 31, 2025 -6.20%
Sep 30, 2025 3.51%
Jun 30, 2025 0.41%
Mar 31, 2025 1.15%
Dec 31, 2024 -10.14%
Sep 30, 2024 -3.39%
Jun 30, 2024 6.02%
Mar 31, 2024 7.34%
Dec 31, 2023 -29.98%
Sep 30, 2023 4.70%
Jun 30, 2023 8.15%
Mar 31, 2023 14.75%
Dec 31, 2022 -35.85%
Sep 30, 2022 16.42%
Jun 30, 2022 18.45%
Mar 31, 2022 10.05%
Dec 31, 2021 -11.97%
Sep 30, 2021 7.89%
Jun 30, 2021 11.93%