OIO-I Glass, Inc.
Is the business good?
The checks split: nothing decisive, though margins compressing.
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is OI?
O-I Glass, Inc. keeps −18% of every revenue dollar as profit after everything, against 4.7% for the median Packaging & Containers name.
Net margin · Packaging & Containers median 4.7% · 12 months to Q2 2026
- Share count, year on year
- −0.32%
Share count, year on year · flat: no meaningful dilution
- R&D as % of revenue
- 0.55%
R&D as % of revenue
- Gross margin
- 15%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 5.8% |
| FY2021 | 5.2% |
| FY2022 | 12% |
| FY2023 | 0.94% |
| FY2024 | 0.58% |
Details›
- Gross margin12 months to Q2 2026
- 15%
- Net margin12 months to Q2 2026
- −18%
- Free cash flow margin
- −0.22%
- R&D as % of revenue
- 0.55%
- Revenue, trailing twelve months
- $6.36B
- Free cash flow, trailing twelve months
- −$14M
- Net income, trailing twelve months
- −$1.15B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Packaging & Containers
Ranks #10 of 12 by RyuScore