O I GLASS INC (OI)
Materials · Glass container manufacturing / rigid beverage and food packaging · NYSE
Global leader in glass container manufacturing facing demand headwinds and margin compression, undertaking a major cost restructuring ("Fit to Win") to compete against alternative packaging materials.
What O I GLASS INC does
O-I Glass is one of the world's leading manufacturers of glass containers for beverages (beer, wine, spirits) and food products, operating 64 glass manufacturing plants across 18 countries with reportable segments in the Americas and Europe. The company competes in the rigid packaging market and supplies major global food and beverage manufacturers. It is currently executing a "Fit to Win" strategic initiative focused on reducing production capacity, optimizing its manufacturing network, and streamlining costs to improve competitive positioning.
Themes: ["Glass container manufacturing","Beverage packaging","Food and pharma packaging","Rigid packaging (vs. flexible/aluminum)","Cost optimization / restructuring","Manufacturing footprint optimization"]
Fundamentals
- Price$9.30 as of 2026-07-09 close
- Market cap$1.4B as of 2026-07-10
- 1-year return-40.4% as of 2026-07-09 close
- Net margin-2.9% as of 2026-07-10
- Gross margin+16.3% as of 2026-07-10
- ROE-14.5% as of 2026-07-10
- Debt / equity3.89 as of 2026-07-10
- Revenue growth (YoY)-1.6% as of 2026-07-10
- Revenue CAGR (3y)-2.1% SEC XBRL
- Beta0.63 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Declining glass container volumes and softer demand in beer, wine, and spirits categories, with competitive pressures particularly in Europe affecting pricing and market share","Significant negative net margins (-2.91%) and unprofitability driven by pricing pressure, lower sales volumes, and restructuring charges, with major charges from facility closures and asset impairments","Exposure to global economic conditions, customer consolidation, and competition from alternative packaging solutions (aluminum cans, plastic) that threaten glass container demand"]
Competitors & peers
- Ardagh Group
- Vidrala
- Consol Glass
- Amcor (flexible and rigid packaging)
- Huhtamaki (rigid and flexible packaging)
- Ball Corporation (aluminum beverage cans)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.