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 FY2024, it was 331.58%, up 104.71 percentage points from FY2023.
- Tax Rate has now increased for four consecutive years, with a four-year change of +306.37 percentage points (FY2020 to FY2024).
- In earlier years, Tax Rate was 226.87% in FY2023 (+60.51 pp), 166.36% in FY2022 (+116.05 pp), 50.30% in FY2021 (+25.09 pp) and 25.21% in FY2020.
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q3 2024.
- Compared with a year earlier, Tax Rate was higher in 1 of the last six quarters, with an average year-over-year change of -132.95 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).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.02 Bn | 20.06 Bn | 1.44 Bn | 30.25% |
| 2 | Packaging Corp Of America | 22.34 Bn | 19.92 Bn | 603.90 Mn | 25.95% |
| 3 | Amcor | 20.65 Bn | 16.06 Bn | 1.16 Bn | 19.40% |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn | - |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | - |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn | 25.57% |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn | - |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn | 27.89% |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn | 34.38% |
| 10 | O-I Glass | 781.36 Mn | -1.01 Bn | 195.00 Mn | 28.06% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.06% |
| Jun 30, 2026 | 80.70% |
| Mar 31, 2026 | 12.68% |
| Sep 30, 2025 | 8.94% |
| 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% |
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();