O-I Glass (OI) Tax Provisions (2009 - 2026)
O-I Glass (OI) reported Tax Provisions of $18.0 million for Q1 2026, down 40.0% on a YoY basis from $30.0 million in Q1 2025, and up 700.0% quarter-over-quarter from -$3.0 million in Q4 2025.
O-I Glass (OI) Tax Provisions (2009 - 2026) Analysis & Trends
O-I Glass has reported Tax Provisions for 18 years, with the latest figure at $18.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 40.0% year-over-year to $18.0 million; the trailing twelve-month figure through Mar 2026 stood at $42.0 million (down 63.48% YoY), and the FY2025 full-year result was $54.0 million, down 57.14% from the prior year.
- Tax Provisions for Q1 2026 stood at $18.0 million, up from -$3.0 million in the prior quarter.
- The five-year high for Tax Provisions was $72.0 million in Q2 2022, with the low at -$130.0 million in Q4 2023.
- Historically, Tax Provisions has averaged $21.9 million across 5 years, with a median of $26.0 million in 2023.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 1028.57% — and 2024, when it surged 118.46%.
- O-I Glass' Tax Provisions stood at $14.0 million in 2022, then sank by 1028.57% to -$130.0 million in 2023, then jumped by 118.46% to $24.0 million in 2024, then sank by 112.5% to -$3.0 million in 2025, then jumped by 700.0% to $18.0 million in 2026.
- The last three Tax Provisions figures came in at $18.0 million (Q1 2026), -$3.0 million (Q4 2025), and $21.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 21.00 Mn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 48.90 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 17.00 Mn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 32.00 Mn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 62.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 72.30 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 70.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 9.51 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 18.00 Mn |
| 10 | O-I Glass | 1.27 Bn | 932.85 Mn | 199.00 Mn | 18.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.00 Mn |
| Dec 31, 2025 | -3.00 Mn |
| Sep 30, 2025 | 21.00 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Mar 31, 2025 | 30.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 42.00 Mn |
| Mar 31, 2024 | 41.00 Mn |
| Dec 31, 2023 | -130.00 Mn |
| Sep 30, 2023 | 26.00 Mn |
| Jun 30, 2023 | 41.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Dec 31, 2022 | 14.00 Mn |
| Sep 30, 2022 | 43.00 Mn |
| Jun 30, 2022 | 72.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 23.00 Mn |
| Sep 30, 2021 | 43.00 Mn |
| Jun 30, 2021 | 75.00 Mn |