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| Date | Value |
|---|---|
| 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% |