O-I Glass (OI) Tax Rate (2009 - 2026)
O-I Glass' Tax Rate was 80.70% in Q2 2026, up 78.04 percentage points from 2.67% a year earlier and up 68.03 percentage points from the prior quarter.
O-I Glass (OI) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, O-I Glass' Tax Rate was 81.69% through Jun 30, 2026, up 62.75 percentage points year-over-year; for FY2025, it was -110.20%, down 441.78 percentage points from FY2024.
- Tax Rate shows a five-year change of -135.42 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 331.58% in FY2024 (+104.71 pp), 226.87% in FY2023 (+60.51 pp), 166.36% in FY2022 (+116.05 pp) and 50.30% in FY2021 (+25.09 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q3 2024.
- Compared with a year earlier, Tax Rate was higher in two of the last eight quarters, with an average year-over-year change of -98.82 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 630.00 percentage points); the worst was Q3 2024 (a drop of 555.00 percentage points).
- Per Business Quant data, OI's Tax Rate in the three quarters before Q2 2026 was 12.68% (Q1 2026), 2.29% (Q4 2025) and 67.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 31.25% |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | - |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 25.83% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 20.00% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 23.38% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 24.38% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 27.79% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 28.05% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 7.69% |
| 10 | O-I Glass | 889.69 Mn | -1.08 Bn | 214.00 Mn | 80.70% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.70% |
| Mar 31, 2026 | 12.68% |
| Sep 30, 2025 | 67.74% |
| Jun 30, 2025 | 2.67% |
| Mar 31, 2025 | 14.35% |
| Sep 30, 2024 | 95.00% |
| Jun 30, 2024 | 144.83% |
| Mar 31, 2024 | 164.00% |
| Sep 30, 2023 | 650.00% |
| Jun 30, 2023 | 113.89% |
| Mar 31, 2023 | 29.70% |
| Sep 30, 2022 | 20.00% |
| Jun 30, 2022 | 25.53% |
| Mar 31, 2022 | 46.15% |
| Dec 31, 2021 | 31.94% |
| Sep 30, 2021 | 33.86% |
| Jun 30, 2021 | 37.88% |
| Dec 31, 2020 | 278.57% |
| Sep 30, 2020 | 10.90% |
| Mar 31, 2020 | 32.10% |
O-I Glass Tax Rate 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=tax-rate&ticker=OI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();