O-I Glass (OI) Return on Invested Capital [ROIC] (2009 - 2026)
O-I Glass' Return on Invested Capital [ROIC] came in at -0.18% for Q2 2026, up 1.81 percentage points from -1.99% a year earlier but down 10.28 percentage points from the prior quarter.
O-I Glass (OI) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, O-I Glass' Return on Invested Capital [ROIC] was 13.31%, up 13.31 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +8.78 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 0.00% in FY2024 (unchanged), 0.00% in FY2023 (unchanged), 0.00% in FY2022 (-2.95 pp) and 2.95% in FY2021 (-1.58 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -4.07% (Q3 2024) to 10.81% (Q4 2025).
- Year-over-year, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +2.51 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2025 (a gain of 10.81 percentage points), and the weakest in Q3 2021 (a drop of 19.35 percentage points).
- Business Quant data shows OI's Return on Invested Capital [ROIC] at 10.10% (Q1 2026), 10.81% (Q4 2025) and -0.52% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 22.31 Bn | 19.24 Bn | 1.40 Bn | 3.13% |
| 2 | Packaging Corp Of America | 20.37 Bn | 17.90 Bn | 512.50 Mn | 9.07% |
| 3 | International Paper | 20.05 Bn | 15.94 Bn | 1.66 Bn | 7.47% |
| 4 | Amcor | 19.36 Bn | 14.79 Bn | 1.34 Bn | 6.12% |
| 5 | Ball | 14.92 Bn | 11.94 Bn | 697.00 Mn | 9.59% |
| 6 | Crown Holdings | 11.54 Bn | 8.86 Bn | 748.00 Mn | 12.67% |
| 7 | Sonoco Products | 4.82 Bn | 3.82 Bn | 392.38 Mn | 9.99% |
| 8 | Silgan Holdings | 3.68 Bn | 1.43 Bn | 294.88 Mn | 5.53% |
| 9 | Ardagh Metal Packaging | 2.66 Bn | 2.67 Bn | 238.00 Mn | 8.43% |
| 10 | O-I Glass | 858.96 Mn | -1.11 Bn | 214.00 Mn | -0.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.18% |
| Mar 31, 2026 | 10.10% |
| Dec 31, 2025 | 10.81% |
| Sep 30, 2025 | -0.52% |
| Jun 30, 2025 | -1.99% |
| Mar 31, 2025 | -0.46% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | -4.07% |
| Jun 30, 2024 | -2.01% |
| Mar 31, 2024 | -1.28% |
| Dec 31, 2023 | 0.98% |
| Sep 30, 2023 | 2.40% |
| Jun 30, 2023 | 6.58% |
| Mar 31, 2023 | 10.04% |
| Dec 31, 2022 | 8.99% |
| Sep 30, 2022 | 10.39% |
| Jun 30, 2022 | 8.24% |
| Mar 31, 2022 | 6.17% |
| Dec 31, 2021 | 2.96% |
| Sep 30, 2021 | 0.81% |
O-I Glass Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=OI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();