OverviewSuggest Edit

O-I Glass (formerly known as Owens-Illinois) is a company manufacturing and selling glass containers. It produces glass packaging in a range of sizes, shapes, and colors for various food items, soft drinks, juices, and pharmaceuticals.

TypePublic
Founded1903
HQPerrysburg, OH, US
Websiteo-i.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)27,500(+4%)
Job Openings35
Revenue (FY, 2020)$6.1 B(-8%)
Share Price (Sept 2021)$14.2(+2%)
Cybersecurity ratingBMore
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Key People/Management at O-I Glass

Andres Lopez

Andres Lopez

Chief Executive Officer
Samuel R. Chapin

Samuel R. Chapin

Director
John Haudrich

John Haudrich

Senior Vice President and Chief Financial Officer
Giancarlo Currarino

Giancarlo Currarino

Vice-Président Directeur, Chef Des Opérations Techniques
Gordon J. Hardie

Gordon J. Hardie

Director
Arnaud Aujouannet

Arnaud Aujouannet

Senior Vice President and Chief Sales and Marketing Officer
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O-I Glass Office Locations

O-I Glass has offices in Perrysburg, Auburn, Brockport, Kalama and in 78 other locations
Perrysburg, OH, US (HQ)
1 Michael Owens Way
Auburn, NY, US
7134 County House Rd
Brockport, PA, US
3831 US-219
Kalama, WA, US
2310 N Hendrickson Dr
Lapel, IN, US
2481 S Brookside Rd
Lexington, NC, US
9698 Old U.S. Hwy 52
Show all (88)

O-I Glass Financials and Metrics

O-I Glass Revenue

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O-I Glass's revenue was reported to be $6.09 b in FY, 2020
USD

Revenue (Q1, 2021)

1.5b

Gross profit (Q1, 2021)

244.0m

Gross profit margin (Q1, 2021), %

16.3%

Net income (Q1, 2021)

(91.0m)

EBIT (Q1, 2021)

175.0m

Market capitalization (23-Sept-2021)

2.2b

Closing stock price (23-Sept-2021)

14.2

Cash (31-Mar-2021)

742.0m

EV

6.8b
O-I Glass's current market capitalization is $2.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.9b6.9b6.7b6.1b

Revenue growth, %

0%(3%)

Cost of goods sold

5.7b5.6b5.5b5.1b

Gross profit

1.1b1.3b1.2b972.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7b1.8b1.7b1.6b1.8b1.7b1.6b1.4b1.6b1.5b

Cost of goods sold

1.4b1.4b1.4b1.3b1.4b1.4b1.3b1.3b1.3b1.3b

Gross profit

319.0m346.0m324.0m298.0m336.0m299.0m268.0m163.0m277.0m244.0m

Gross profit Margin, %

18%20%19%18%19%18%17%11%17%16%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

492.0m512.0m551.0m563.0m

Accounts Receivable

663.0m549.0m621.0m623.0m

Prepaid Expenses

229.0m278.0m271.0m270.0m

Inventories

1.0b1.0b1.0b841.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

202.0m282.0m(382.0m)249.0m

Depreciation and Amortization

501.0m507.0m509.0m468.0m

Inventories

2.0m(29.0m)(26.0m)75.0m

Accounts Payable

69.0m67.0m(62.0m)(67.0m)
USDFY, 2017

Revenue/Employee

259.2k

Debt/Equity

5.7 x

Debt/Assets

0.5 x

Financial Leverage

10.5 x
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O-I Glass Operating Metrics

FY, 2017FY, 2018FY, 2019

Manufacturing Plants (Asia Pacific)

888

Manufacturing Plants (Europe)

343434

Manufacturing Plants (The Americas)

363536
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O-I Glass Acquisitions / Subsidiaries

Company NameDateDeal Size
Companhia Industrial de VidrosSeptember 10, 2010
BSN GlasspackFebruary 19, 2004
Consumers PackagingOctober 01, 2001$150 m
ACI America Holdings Inc.
ACI Beijing Limited
ACI Glass Packaging Penrith Pty Ltd
ACI Guangdong Glass Company Limited
ACI Guangdong Limited
ACI New Zealand Nominees Ltd.
ACI Packaging Services Pty Ltd
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O-I Glass Revenue Breakdown

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O-I Glass revenue breakdown by business segment: 13.1% from Non-Alcoholic Beverages, 19.5% from Food and Other, 66.6% from Alcoholic Beverages (Beer, Wine, Spirits) and 0.7% from Other

O-I Glass revenue breakdown by geographic segment: 9.5% from Asia Pacific, 35.7% from Europe, 54.1% from Americas and 0.7% from Other

Human Capital Metrics

Source: www.o-i.com
O-I Glass's employees are reported to be approximately 18% female and 82% male.
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O-I Glass Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

O-I Glass Online and Social Media Presence

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O-I Glass Company Culture

  • Overall Culture

    A+

    82/100

  • CEO Rating

    A+

    78/100

  • Compensation

    A+

    91/100

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O-I Glass News and Updates

O-I Glass Announces 2021 Virtual Investor Day

PERRYSBURG, Ohio, Sept. 14, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

John H. Walker Appointed Chair of O-I Glass Board of Directors

PERRYSBURG, Ohio, May 12, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE 

O-I Glass Announces Agreement of Potential Plan of Reorganization for Paddock Subsidiary

PERRYSBURG, Ohio, April 26, 2021 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has reached an agreement in principle for a consensual plan of reorganization under section 524(g) of the Bankruptcy C…

Thinking about buying stock in O-I Glass, 9 Meters Biopharma, Chimerix, Diana Shipping, or Esports Entertainment?

NEW YORK, March 25, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for OI, NMTR, CMRX, DSX, and GMBL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

O-I Glass Announces Expansion in the Andean Market to Serve Growing Demand for Sustainable Glass Packaging

PERRYSBURG, Ohio, March 23, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE  

O-I Glass Reports Full Year and Fourth Quarter 2020 Results

Business performance exceeded company guidance Business performance exceeded company guidance
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O-I Glass Blogs

Contributing to a Healthier World

O-I Receives Approval for Science-Based Emissions Reduction Targets PERRYSBURG, OH, O-I Glass, Inc.(NYSE: OI) is the first glass packaging company […]

Glass Benefits Highlighted in Wall Street Journal

On Monday, February 24, the Wall Street Journal published an article “Glass, Once the King of Packaging, Seeks a Comeback,” […]

O-I Supports Australia Bushfire Victims

The bushfires currently devastating Australia are proving to be the worst of their kind in decades. At least 33 people […]

Expanded Recycling Supports Sustainability Goals

O-I Canada Celebrates Victory in Quebec O-I Canada has recently achieved a huge victory in the effort to keep glass […]

Dispelling the Myths of Glass Recycling

O-I Meets with DEQ to Educate about Glass Benefits Glass packaging is 100% and infinitely recyclable. It can be made […]

O-I Glass Reports Full Year and Fourth Quarter 2019 Results

PERRYSBURG, Ohio, Feb. 04, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today reported financial results […]
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O-I Glass Frequently Asked Questions

  • When was O-I Glass founded?

    O-I Glass was founded in 1903.

  • Who are O-I Glass key executives?

    O-I Glass's key executives are Andres Lopez, Samuel R. Chapin and John Haudrich.

  • How many employees does O-I Glass have?

    O-I Glass has 27,500 employees.

  • What is O-I Glass revenue?

    Latest O-I Glass annual revenue is $6.1 b.

  • What is O-I Glass revenue per employee?

    Latest O-I Glass revenue per employee is $221.5 k.

  • Who are O-I Glass competitors?

    Competitors of O-I Glass include West Pharmaceutical Services, Silgan Holdings and Bemis Company.

  • Where is O-I Glass headquarters?

    O-I Glass headquarters is located at 1 Michael Owens Way, Perrysburg.

  • Where are O-I Glass offices?

    O-I Glass has offices in Perrysburg, Auburn, Brockport, Kalama and in 78 other locations.

  • How many offices does O-I Glass have?

    O-I Glass has 88 offices.