O-I Glass (OI) Tax Rate (2009 - 2026)

O-I Glass (OI) reported Tax Rate of 12.68% for Q1 2026, down 168.0% on a YoY basis from 18.64% in Q1 2025, and up 953.52% quarter-over-quarter from 1.49% in Q4 2025.

O-I Glass (OI) Tax Rate (2009 - 2026) Analysis & Trends

O-I Glass has reported Tax Rate for 18 years, with the latest figure at 12.68% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 168.0% year-over-year to 12.68%; the trailing twelve-month figure through Mar 2026 stood at 11.35% (up 12088.0% YoY), and the FY2025 full-year result was 24.32%, up 6869.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 12.68%, up from 1.49% in the prior quarter.
  • The five-year high for Tax Rate was 683.33% in Q1 2024, with the low at 7.16% in Q4 2024.
  • Historically, Tax Rate has averaged 151.87% across 5 years, with a median of 29.7% in 2023.
  • Annual changes were most pronounced in 2024 — Tax Rate soared 65363 bps — and 2025, when it sank 66898 bps.
  • O-I Glass' Tax Rate stood at 2.09% in 2022, then jumped by 1191 bps to 22.77% in 2023, then tumbled by 131 bps to 7.16% in 2024, then soared by 79 bps to 1.49% in 2025, then soared by 954 bps to 12.68% in 2026.
  • The last three Tax Rate figures came in at 12.68% (Q1 2026), 1.49% (Q4 2025), and 300.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 25.00%
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 22.25%
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 18.28%
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 10.32%
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 24.03%
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 30.07%
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 25.45%
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 12.44%
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 23.38%
10 O-I Glass 1.27 Bn 932.85 Mn 199.00 Mn 12.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.68%
Mar 31, 2026 12.68%
Dec 31, 2025 -1.49%
Dec 31, 2025 -1.49%
Sep 30, 2025 300.00%
Sep 30, 2025 300.00%
Jun 30, 2025 31.58%
Jun 30, 2025 31.58%
Mar 31, 2025 14.35%
Mar 31, 2025 14.35%
Dec 31, 2024 -7.16%
Dec 31, 2024 -7.16%
Sep 30, 2024 380.00%
Sep 30, 2024 380.00%
Jun 30, 2024 262.50%
Jun 30, 2024 262.50%
Mar 31, 2024 683.33%
Mar 31, 2024 683.33%
Dec 31, 2023 22.77%
Dec 31, 2023 22.77%