O-I Glass (OI) Tax Rate (2009 - 2026)
O-I Glass' (OI) quarterly Tax Rate came in at 80.7% in Q2 2026, up 7804.0% YoY from 1.02% in Q2 2025, and up 536.65% on a QoQ basis from 12.68% in Q1 2026.
O-I Glass (OI) Tax Rate (2009 - 2026) Analysis & Trends
O-I Glass (OI) has 18 years of Tax Rate data on file, last reported at 80.7% in Q2 2026.
- Quarterly Tax Rate rose 7804.0% year-over-year to 80.7% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4350.0% (up 433903.0% YoY) and the FY2025 annual result came in at 19.93%, down 5906.0% from the prior year.
- Tax Rate rose to 80.7% in Q2 2026, from 12.68% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 650.0% in Q3 2023 to a low of 36.84% in Q4 2022.
- A 5-year average of 92.55% and a median of 27.62% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 63000 bps — and 2024, when it tumbled 52333 bps.
- Tracing OI's Tax Rate over 5 years: stood at 36.84% in 2022, then soared by 113 bps to 4.94% in 2023, then surged by 79 bps to 8.86% in 2024, then tumbled by 90 bps to 0.9% in 2025, then jumped by 8858 bps to 80.7% in 2026.
- The last three Tax Rate figures came in at 80.7% (Q2 2026), 12.68% (Q1 2026), and 0.9% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 31.25% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.00% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 25.83% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 57.69% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 23.38% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 27.80% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 24.38% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 27.79% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 23.28% |
| 10 | O-I Glass | 980.08 Mn | 618.08 Mn | 214.00 Mn | 80.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 80.70% |
| Jun 30, 2026 | 80.70% |
| Jun 30, 2026 | 80.70% |
| Mar 31, 2026 | 12.68% |
| Mar 31, 2026 | 12.68% |
| Mar 31, 2026 | 12.68% |
| Dec 31, 2025 | 0.90% |
| Dec 31, 2025 | 0.90% |
| Dec 31, 2025 | 0.90% |
| Sep 30, 2025 | 87.50% |
| Sep 30, 2025 | 87.50% |
| Sep 30, 2025 | 87.50% |
| Jun 30, 2025 | 2.67% |
| Jun 30, 2025 | 2.67% |
| Jun 30, 2025 | 2.67% |
| Mar 31, 2025 | 14.35% |
| Mar 31, 2025 | 14.35% |
| Mar 31, 2025 | 14.35% |
| Dec 31, 2024 | 8.86% |
| Dec 31, 2024 | 8.86% |