O-I Glass, Inc.

O-I Glass, Inc.verified

OI

Price:

$12.47

Market Cap:

$1.94B

O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was founded in 1903 and is headquartered in Perry...[Read more]

Industry

Packaging & Containers

IPO Date

1991-12-11

Stock Exchange

NYSE

Ticker

OI

The Current Ratio as of September 2024 (TTM) for O-I Glass, Inc. (OI) is 1.26

According to O-I Glass, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.26. This represents a change of 2.72% compared to the average of 1.23 of the last 4 quarters.

O-I Glass, Inc. (OI) Historical Current Ratio (quarterly & annually)

How has OI Current Ratio performed in the past?

The mean historical Current Ratio of O-I Glass, Inc. over the last ten years is 1.15. The current 1.26 Current Ratio has changed 10.86% with respect to the historical average. Over the past ten years (40 quarters), OI's Current Ratio was at its highest in in the March 2020 quarter at 1.62. The Current Ratio was at its lowest in in the September 2014 quarter at 0.90.

Quarterly (TTM)
Annual

Average

1.15

Median

1.10

Minimum

1.03

Maximum

1.36

O-I Glass, Inc. (OI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of O-I Glass, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 16.78%

Maximum Annual Current Ratio = 1.36

Minimum Annual Increase = -19.07%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.2311.31%
20221.10-19.07%
20211.3612.75%
20201.21-2.96%
20191.2516.78%
20181.070.62%
20171.06-3.00%
20161.09-0.52%
20151.106.84%
20141.03-9.00%

O-I Glass, Inc. (OI) Average Current Ratio

How has OI Current Ratio performed in the past?

The current Current Ratio of O-I Glass, Inc. (OI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.23

5-year avg

1.23

10-year avg

1.15

O-I Glass, Inc. (OI) Current Ratio vs. Peers

How is OI’s Current Ratio compared to its peers?

O-I Glass, Inc.’s Current Ratio is less than Greif, Inc. (1.70), less than Karat Packaging Inc. (3.05), less than Reynolds Consumer Products Inc. (2.13), greater than Silgan Holdings Inc. (1.06), less than Myers Industries, Inc. (1.81), less than Pactiv Evergreen Inc. (2.04), greater than Crown Holdings, Inc. (1.05), less than Packaging Corporation of America (2.43), greater than Avery Dennison Corporation (0.90), less than WestRock Company (1.34), less than Sonoco Products Company (1.30), less than Sealed Air Corporation (1.30),

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