O-I Glass annual debt-to-equity ratio
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2025
O-I Glass Debt-to-Equity Ratio Growth & History (OI)
O-I Glass's debt-to-equity ratio was 4.15 for fiscal 2025.
View full O-I Glass company overviewO-I Glass annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.15 | −0.83 | −16.69% |
| 2024 | 2024-12-31 | 4.98 | 1.66 | +49.84% |
| 2023 | 2023-12-31 | 3.32 | −0.26 | −7.25% |
| 2022 | 2022-12-31 | 3.58 | −3.41 | −48.80% |
| 2021 | 2021-12-31 | 7.00 | −11.14 | −61.42% |
| 2020 | 2020-12-31 | 18.14 | 5.65 | +45.27% |
| 2019 | 2019-12-31 | 12.49 | 5.69 | +83.78% |
| 2018 | 2018-12-31 | 6.80 | 0.26 | +3.93% |
| 2017 | 2017-12-31 | 6.54 | −14.44 | −68.83% |
| 2016 | 2016-12-31 | 20.98 | −11.61 | −35.64% |
| 2015 | 2015-12-31 | 32.59 | 27.32 | +518.70% |
| 2014 | 2014-12-31 | 5.27 | 2.83 | +115.98% |
| 2013 | 2013-12-31 | 2.44 | −1.82 | −42.70% |
| 2012 | 2012-12-31 | 4.26 | −0.29 | −6.28% |
| 2011 | 2011-12-31 | 4.54 | 2.18 | +92.69% |
| 2010 | 2010-12-31 | 2.36 | 0.01 | +0.47% |
| 2009 | 2009-12-31 | 2.35 | −0.86 | −26.78% |
| 2008 | 2008-12-31 | 3.20 | — | — |
O-I Glass quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 9.25 | 5.50 | +146.67% |
| Q1 2026 | 2026-03-31 | 3.46 | −0.55 | −13.68% |
| Q4 2025 | 2025-12-31 | 4.15 | −0.83 | −16.69% |
| Q3 2025 | 2025-09-30 | 3.48 | −0.06 | −1.75% |
| Q2 2025 | 2025-06-30 | 3.75 | 0.59 | +18.81% |
| Q1 2025 | 2025-03-31 | 4.01 | 1.31 | +48.51% |
| Q4 2024 | 2024-12-31 | 4.98 | 1.66 | +49.84% |
| Q3 2024 | 2024-09-30 | 3.54 | 1.22 | +52.34% |
| Q2 2024 | 2024-06-30 | 3.16 | 0.81 | +34.74% |
| Q1 2024 | 2024-03-31 | 2.70 | 0.18 | +6.96% |
| Q4 2023 | 2023-12-31 | 3.32 | −0.26 | −7.25% |
| Q3 2023 | 2023-09-30 | 2.33 | −0.85 | −26.83% |
| Q2 2023 | 2023-06-30 | 2.34 | −1.23 | −34.35% |
| Q1 2023 | 2023-03-31 | 2.53 | −1.73 | −40.62% |
| Q4 2022 | 2022-12-31 | 3.58 | −3.41 | −48.80% |
| Q3 2022 | 2022-09-30 | 3.18 | −5.47 | −63.27% |
| Q2 2022 | 2022-06-30 | 3.57 | −6.52 | −64.62% |
| Q1 2022 | 2022-03-31 | 4.25 | −16.16 | −79.16% |
| Q4 2021 | 2021-12-31 | 7.00 | −11.14 | −61.42% |
| Q3 2021 | 2021-09-30 | 8.65 | −11.63 | −57.34% |
| Q2 2021 | 2021-06-30 | 10.08 | −144.84 | −93.49% |
| Q1 2021 | 2021-03-31 | 20.41 | −63.77 | −75.75% |
| Q4 2020 | 2020-12-31 | 18.14 | 5.65 | +45.27% |
| Q3 2020 | 2020-09-30 | 20.28 | 6.25 | +44.57% |
| Q2 2020 | 2020-06-30 | 154.93 | 148.90 | +2471.13% |
| Q1 2020 | 2020-03-31 | 84.18 | 78.09 | +1281.86% |
| Q4 2019 | 2019-12-31 | 12.49 | 5.69 | +83.78% |
| Q3 2019 | 2019-09-30 | 14.03 | 8.87 | +171.78% |
| Q2 2019 | 2019-06-30 | 6.03 | 0.01 | +0.24% |
| Q1 2019 | 2019-03-31 | 6.09 | 1.04 | +20.63% |
| Q4 2018 | 2018-12-31 | 6.80 | 0.26 | +3.93% |
| Q3 2018 | 2018-09-30 | 5.16 | −1.44 | −21.80% |
| Q2 2018 | 2018-06-30 | 6.01 | −2.22 | −27.01% |
| Q1 2018 | 2018-03-31 | 5.05 | −5.86 | −53.71% |
| Q4 2017 | 2017-12-31 | 6.54 | −14.44 | −68.83% |
| Q3 2017 | 2017-09-30 | 6.60 | −6.89 | −51.06% |
| Q2 2017 | 2017-06-30 | 8.24 | −7.84 | −48.77% |
| Q1 2017 | 2017-03-31 | 10.91 | −8.23 | −43.01% |
| Q4 2016 | 2016-12-31 | 20.98 | −11.61 | −35.64% |
| Q3 2016 | 2016-09-30 | 13.49 | −7.97 | −37.15% |
| Q2 2016 | 2016-06-30 | 16.08 | 8.63 | +116.02% |
| Q1 2016 | 2016-03-31 | 19.14 | 10.59 | +123.81% |
| Q4 2015 | 2015-12-31 | 32.59 | 27.32 | +518.70% |
| Q3 2015 | 2015-09-30 | 21.46 | 19.56 | +1031.02% |
| Q2 2015 | 2015-06-30 | 7.44 | 5.99 | +411.32% |
| Q1 2015 | 2015-03-31 | 8.55 | 6.49 | +313.60% |
| Q4 2014 | 2014-12-31 | 5.27 | 2.83 | +115.98% |
| Q3 2014 | 2014-09-30 | 1.90 | −0.50 | −20.77% |
| Q2 2014 | 2014-06-30 | 1.46 | −1.34 | −47.90% |
| Q1 2014 | 2014-03-31 | 2.07 | −1.01 | −32.71% |
| Q4 2013 | 2013-12-31 | 2.44 | −1.82 | −42.70% |
| Q3 2013 | 2013-09-30 | 2.40 | −0.36 | −12.92% |
| Q2 2013 | 2013-06-30 | 2.79 | −0.85 | −23.39% |
| Q1 2013 | 2013-03-31 | 3.07 | −0.58 | −15.83% |
| Q4 2012 | 2012-12-31 | 4.26 | −0.29 | −6.28% |
| Q3 2012 | 2012-09-30 | 2.75 | 0.70 | +33.82% |
| Q2 2012 | 2012-06-30 | 3.65 | 1.66 | +83.36% |
| Q1 2012 | 2012-03-31 | 3.65 | 1.50 | +69.82% |
| Q4 2011 | 2011-12-31 | 4.54 | 2.18 | +92.69% |
| Q3 2011 | 2011-09-30 | 2.06 | −0.19 | −8.33% |
| Q2 2011 | 2011-06-30 | 1.99 | −0.29 | −12.60% |
| Q1 2011 | 2011-03-31 | 2.15 | −0.20 | −8.37% |
| Q4 2010 | 2010-12-31 | 2.36 | 0.01 | +0.47% |
| Q3 2010 | 2010-09-30 | 2.24 | 0.12 | +5.86% |
| Q2 2010 | 2010-06-30 | 2.28 | −0.24 | −9.52% |
| Q1 2010 | 2010-03-31 | 2.35 | — | — |
| Q4 2009 | 2009-12-31 | 2.35 | −0.86 | −26.78% |
| Q3 2009 | 2009-09-30 | 2.12 | — | — |
| Q2 2009 | 2009-06-30 | 2.51 | — | — |
| Q4 2008 | 2008-12-31 | 3.20 | — | — |
O-I Glass debt-to-equity ratio trends
Over the last five fiscal years, O-I Glass's debt-to-equity ratio decreased from 18.14 to 4.15, a change of −13.99. The latest reported quarter, Q2 2026, shows 9.25.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review O-I Glass source filings ↗