The story
Founded by Michael Joseph Owens in 1929, in Toledo.1
OI on NYSE
Logo: Owens-Illinois, Inc., Public domain, via Wikimedia Commons5
American manufacturing company
O-I Glass, Inc. (formerly Owens-Illinois) is an American company that specializes in container glass products.3 From Wikipedia, CC BY-SA 4.0
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Last updated Oct 19, 2026.
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O-I Glass, Inc. (formerly Owens-Illinois) is an American company that specializes in container glass products. It is the largest manufacturer of glass containers in North America, South America, Asia-Pacific and Europe (after acquiring BSN Glasspack in 2004).3
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue by product, business segment and region, as the company reports it to the SEC.
Alcoholic Beverages brought in 62% of the revenue Owens-Illinois broke down this way in fiscal 2025.
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Alcoholic Beverages | $4.6B | $4.0B | $3.9B |
| Food And Other | $1.4B | $1.4B | $1.4B |
| Nonalcoholic Beverage | $1.0B | $1.0B | $1.0B |
Americas brought in 57% of the revenue Owens-Illinois broke down this way in fiscal 2025.
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Americas | $3.9B | $3.6B | $3.6B |
| Europe | $3.1B | $2.8B | $2.7B |
| Other Operating | $123.0M | $127.0M | $96.0M |
Outside the United States brought in 73% of the revenue Owens-Illinois broke down this way in fiscal 2025.
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outside the United States | $5.3B | $4.8B | $4.7B |
| United States | $1.8B | $1.7B | $1.7B |
Out of $6.4B in revenue.7 The company lost money this year.
Out of $600.0M of cash from operations.7
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $6.4B | $6.5B | $7.1B |
| Cost of goods sold | -$5.3B | -$5.5B | -$5.6B |
| Gross profit | $1.1B | $1.0B | $1.5B |
| Selling and administrative expense | -$434.0M | -$445.0M | -$540.0M |
| Research, development and engineering expense | -$42.0M | -$80.0M | -$92.0M |
| Interest expense, net | -$341.0M | -$335.0M | -$342.0M |
| Equity earnings | $119.0M | $79.0M | $127.0M |
| Other expense, net | -$460.0M | -$226.0M | -$582.0M |
| Earnings (loss) before income taxes | -$49.0M | $38.0M | $67.0M |
| Provision for income taxes | -$54.0M | -$126.0M | -$152.0M |
| Net loss | -$103.0M | -$88.0M | -$85.0M |
| Net earnings attributable to noncontrolling interests | -$26.0M | -$18.0M | -$18.0M |
| Net loss attributable to the Company | -$129.0M | -$106.0M | -$103.0M |
| Net loss attributable to the Company (in dollars per share) | -$0.84 | -$0.69 | -$0.67 |
| Net loss attributable to the Company (in dollars per share) | -$0.84 | -$0.69 | -$0.67 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $759.0M | $734.0M | ||
| Trade receivables, net of allowances of $31 million and $30 million at December 31, 2025 and 2024, respectively | $601.0M | $572.0M | ||
| Inventories | $1.0B | $963.0M | ||
| Prepaid expenses and other current assets | $239.0M | $209.0M | ||
| Total current assets | $2.6B | $2.5B | ||
| Equity investments | $735.0M | $661.0M | $743.0M | |
| Pension assets | $128.0M | $92.0M | ||
| Other assets | $657.0M | $608.0M | ||
| Intangibles, net | $188.0M | $198.0M | ||
| Goodwill | $1.5B | $1.3B | $1.5B | $1.8B |
| Total other assets | $3.2B | $2.9B | ||
| Land, at cost | $227.0M | $208.0M | ||
| Buildings and building equipment | $1.4B | $1.1B | ||
| Factory machinery and equipment | $6.3B | $5.5B | ||
| Transportation, office and miscellaneous equipment | $92.0M | $73.0M | ||
| Construction in progress | $362.0M | $834.0M | ||
| Property, plant and equipment, at cost | $8.4B | $7.8B | ||
| Less accumulated depreciation | $4.9B | $4.5B | ||
| Net property, plant and equipment | $3.4B | $3.3B | ||
| Total assets | $9.2B | $8.7B | $9.7B | |
| Accounts payable | $1.2B | $1.1B | ||
| Salaries and wages | $159.0M | $121.0M | ||
| U.S. and foreign income taxes | $41.0M | $49.0M | ||
| Restructuring | $131.0M | $75.0M | ||
| Other accrued liabilities | $395.0M | $357.0M | ||
| Short-term loans | $96.0M | $110.0M | ||
| Long-term debt due within one year | $66.0M | $306.0M | ||
| Total current liabilities | $2.1B | $2.2B | ||
| Long-term debt | $4.8B | $4.6B | ||
| Deferred taxes | $75.0M | $74.0M | ||
| Pension benefits | $202.0M | $193.0M | ||
| Nonpension postretirement benefits | $49.0M | $62.0M | ||
| Other liabilities | $546.0M | $407.0M | ||
| Common stock, par value $.01 per share, 250,000,000 shares authorized, 183,530,836 and 184,851,162 shares issued (including treasury shares), respectively | $2.0M | $2.0M | ||
| Capital in excess of par value | $3.0B | $3.1B | ||
| Treasury stock, at cost, 30,558,356 and 30,783,642 shares, respectively | -$667.0M | -$677.0M | ||
| Retained earnings | $548.0M | $676.0M | ||
| Accumulated other comprehensive loss | -$1.6B | -$2.0B | ||
| Total share owners' equity of the Company | $1.3B | $1.1B | ||
| Noncontrolling interests | $151.0M | $126.0M | ||
| Total share owners' equity | $1.4B | $1.2B | $1.7B | $1.5B |
| Total liabilities and share owners' equity | $9.2B | $8.7B | ||
| Trade receivables allowance | $31.0M | $30.0M | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized | 250.0M shares | 250.0M shares | ||
| Common stock, shares issued | 183.5M shares | 184.9M shares | ||
| Treasury shares | 30.6M shares | 30.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $759.0M | $734.0M | ||
| Trade receivables, net of allowances of $31 million and $30 million at December 31, 2025 and 2024, respectively | $601.0M | $572.0M | ||
| Inventories | $1.0B | $963.0M | ||
| Prepaid expenses and other current assets | $239.0M | $209.0M | ||
| Total current assets | $2.6B | $2.5B | ||
| Equity investments | $735.0M | $661.0M | $743.0M | |
| Pension assets | $128.0M | $92.0M | ||
| Other assets | $657.0M | $608.0M | ||
| Intangibles, net | $188.0M | $198.0M | ||
| Goodwill | $1.5B | $1.3B | $1.5B | $1.8B |
| Total other assets | $3.2B | $2.9B | ||
| Land, at cost | $227.0M | $208.0M | ||
| Buildings and building equipment | $1.4B | $1.1B | ||
| Factory machinery and equipment | $6.3B | $5.5B | ||
| Transportation, office and miscellaneous equipment | $92.0M | $73.0M | ||
| Construction in progress | $362.0M | $834.0M | ||
| Property, plant and equipment, at cost | $8.4B | $7.8B | ||
| Less accumulated depreciation | $4.9B | $4.5B | ||
| Net property, plant and equipment | $3.4B | $3.3B | ||
| Total assets | $9.2B | $8.7B | $9.7B | |
| Accounts payable | $1.2B | $1.1B | ||
| Salaries and wages | $159.0M | $121.0M | ||
| U.S. and foreign income taxes | $41.0M | $49.0M | ||
| Restructuring | $131.0M | $75.0M | ||
| Other accrued liabilities | $395.0M | $357.0M | ||
| Short-term loans | $96.0M | $110.0M | ||
| Long-term debt due within one year | $66.0M | $306.0M | ||
| Total current liabilities | $2.1B | $2.2B | ||
| Long-term debt | $4.8B | $4.6B | ||
| Deferred taxes | $75.0M | $74.0M | ||
| Pension benefits | $202.0M | $193.0M | ||
| Nonpension postretirement benefits | $49.0M | $62.0M | ||
| Other liabilities | $546.0M | $407.0M | ||
| Common stock, par value $.01 per share, 250,000,000 shares authorized, 183,530,836 and 184,851,162 shares issued (including treasury shares), respectively | $2.0M | $2.0M | ||
| Capital in excess of par value | $3.0B | $3.1B | ||
| Treasury stock, at cost, 30,558,356 and 30,783,642 shares, respectively | -$667.0M | -$677.0M | ||
| Retained earnings | $548.0M | $676.0M | ||
| Accumulated other comprehensive loss | -$1.6B | -$2.0B | ||
| Total share owners' equity of the Company | $1.3B | $1.1B | ||
| Noncontrolling interests | $151.0M | $126.0M | ||
| Total share owners' equity | $1.4B | $1.2B | $1.7B | $1.5B |
| Total liabilities and share owners' equity | $9.2B | $8.7B | ||
| Trade receivables allowance | $31.0M | $30.0M | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized | 250.0M shares | 250.0M shares | ||
| Common stock, shares issued | 183.5M shares | 184.9M shares | ||
| Treasury shares | 30.6M shares | 30.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$103.0M | -$88.0M | -$85.0M |
| Depreciation | $391.0M | $395.0M | $385.0M |
| Amortization of intangibles and other deferred items | $88.0M | $91.0M | $98.0M |
| Amortization of finance fees and debt discount | $10.0M | $10.0M | $11.0M |
| Deferred tax provision | -$65.0M | $7.0M | $25.0M |
| Pension expense | $31.0M | $32.0M | $30.0M |
| Stock-based compensation expense | $25.0M | $14.0M | $43.0M |
| Restructuring, asset impairment and related charges | $445.0M | $208.0M | $97.0M |
| Pension settlement and curtailment charges | $5.0M | $5.0M | $19.0M |
| Legacy environmental charge | $4.0M | $11.0M | |
| Goodwill impairment | $445.0M | ||
| Equity investment impairment | $25.0M | ||
| Gain on sale of divested businesses and miscellaneous assets | -$5.0M | -$6.0M | -$4.0M |
| Pension contributions | -$34.0M | -$32.0M | -$32.0M |
| Cash paid for restructuring activities | -$128.0M | -$41.0M | -$26.0M |
| Legacy environmental settlement paid | -$17.0M | ||
| Change in components of working capital (See Note 20) | $20.0M | -$125.0M | -$148.0M |
| Other, net | -$67.0M | -$17.0M | -$40.0M |
| Cash provided by operating activities | $600.0M | $489.0M | $818.0M |
| Cash payments for property, plant and equipment | -$432.0M | -$617.0M | -$688.0M |
| Contributions and advances to joint ventures | -$3.0M | -$10.0M | |
| Cash proceeds on disposal of other businesses and misc. assets | $56.0M | $29.0M | $11.0M |
| Net cash proceeds (payments) for hedging activity | $8.0M | -$29.0M | $4.0M |
| Cash utilized in investing activities | -$368.0M | -$620.0M | -$683.0M |
| Additions to long-term debt | $2.5B | $1.1B | $1.3B |
| Repayments of long-term debt | -$2.6B | -$1.0B | -$1.3B |
| Increase (decrease) in short-term loans | -$30.0M | $17.0M | $47.0M |
| Payment of finance fees | -$18.0M | -$13.0M | -$22.0M |
| Cash payments for hedging activity | -$23.0M | -$40.0M | |
| Distributions paid to noncontrolling interests | -$16.0M | -$17.0M | -$6.0M |
| Shares repurchased | -$40.0M | -$40.0M | -$40.0M |
| Other, net | -$6.0M | -$14.0M | |
| Cash utilized in financing activities | -$250.0M | -$8.0M | -$27.0M |
| Effect of exchange rate fluctuations on cash | $43.0M | -$40.0M | $32.0M |
| Change in cash | $25.0M | -$179.0M | $140.0M |
No quarter-by-quarter statement was filed.
Founded by Michael Joseph Owens in 1929, in Toledo.1
Who has led Owens-Illinois, and when. Pick a name to see everywhere that person has worked.
Listed on Wikidata.1
From Wikidata.1
290 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 81 major events, 122 insider forms, 30 large holders, 37 other. The latest 20:
The 290 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
17 open-market trades by officers, directors and large owners since October 2021: 11 buys and 6 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 15, 2026 | Chapin Samuel R.Director | Buy | 12,000 | $8.51 | $102.1K | Form 4 |
| May 14, 2026 | Restrepo EduardoSVP, Business Ops Americas | Buy | 3,309 | $8.99 | $29.7K | Form 4 |
| May 11, 2026 | Haudrich JohnSVP & Chief Financial Officer | Buy | 2,207 | $9.07 | $20.0K | Form 4 |
| May 11, 2026 | ABRAHAMS DARROW ASVP, GC & Corporate Secretary | Buy | 2,774 | $9.04 | $25.1K | Form 4 |
| May 8, 2026 | BURNS RANDOLPH LSVP, Chief Admin & Sus Officer | Buy | 11,000 | $9.32 | $102.5K | Form 4 |
| Aug 5, 2025 | Haudrich JohnSVP & Chief Financial Officer | Buy | 2,289 | $13.05 | $29.9K | Form 4 |
| Aug 5, 2025 | ABRAHAMS DARROW ASVP, GC & Corporate Secretary | Buy | 3,828 | $13.05 | $50.0K | Form 4 |
| Aug 5, 2025 | Hardie GordonPresident & CEO | Buy | 8,000 | $13.10 | $104.8K | Form 4 |
| May 8, 2025 | AUJOUANNET ARNAUDSVP & Chief Sales & Marketing | Sale | 28,763 | $13.00 | $373.9K | Form 4 |
| May 7, 2025 | AUJOUANNET ARNAUDSVP & Chief Sales & Marketing | Sale | 1,237 | $12.95 | $16.0K | Form 4 |
| Nov 4, 2024 | BURNS RANDOLPH LSVP, Chief Admin & Sus Officer | Buy | 13,000 | $11.38 | $147.9K | Form 4 |
| Aug 15, 2024 | Haudrich JohnSVP & Chief Financial Officer | Buy | 8,000 | $12.25 | $98.0K | Form 4 |
| Aug 6, 2024 | Humphrey JohnDirector | Buy | 15,000 | $11.30 | $169.5K | Form 4 |
| Jun 7, 2023 | Lopez Andres AlbertoPresident & CEO | Sale | 76,132 | $22.54 | $1.7M | Form 4 |
| Jun 6, 2023 | Lopez Andres AlbertoPresident & CEO | Sale | 59,174 | $22.02 | $1.3M | Form 4 |
| Feb 7, 2023 | AUJOUANNET ARNAUDSVP & Chief Sales & Marketing | Sale | 2,510 | $22.33 | $56.0K | Form 4 |
| Feb 7, 2023 | Torno VitalianoPresident, Bus Ops & OI Europe | Sale | 17,299 | $22.22 | $384.4K | Form 4 |
From Forms 4 filed with the SEC.
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 23,439,932 | $225.7M | 0.0% | +1,075,837 |
| Alliancebernstein L.P. | 9,613,720 | $101.0M | 0.0% | +692,255 |
| Vanguard Portfolio Management LLC | 10,407,703 | $100.2M | 0.0% | −269,636 |
| Dimensional Fund Advisors LP | 8,139,889 | $78.4M | 0.0% | −1,098,746 |
| Vanguard Capital Management LLC | 6,600,884 | $63.6M | 0.0% | −329,233 |
| State Street Corp | 6,273,570 | $60.4M | 0.0% | +288,058 |
| UBS Group AG | 4,574,114 | $44.0M | 0.0% | +2,430,362 |
| Arrowstreet Capital, Limited Partnership | 4,329,775 | $41.7M | 0.0% | +83,438 |
| Geode Capital Management, LLC | 4,085,631 | $39.4M | 0.0% | +231,145 |
| Bank Of America Corp /de/ | 3,472,046 | $33.4M | 0.0% | −91,451 |
| Segall Bryant & Hamill, LLC | 3,443,913 | $33.2M | 0.4% | +688,943 |
| Goldman Sachs Group Inc | 3,120,100 | $30.0M | 0.0% | −2,568,529 |
| Private Management Group Inc | 3,083,693 | $29.7M | 0.8% | +189,939 |
| Two Sigma Investments, LP | 2,969,672 | $28.6M | 0.0% | −428,385 |
| Covalis Capital LLP | 2,816,191 | $27.1M | 1.5% | +1,776,558 |
| MetLife Investment Management, LLC | 2,187,822 | $21.1M | 0.1% | +2,108,132 |
| Wellington Management Group Llp | 2,131,797 | $20.5M | 0.0% | +157,472 |
| Levin Capital Strategies, L.P. | 2,000,150 | $19.3M | 1.3% | +941,374 |
| Edmond De Rothschild Holding S.a. | 2,000,015 | $19.3M | 0.3% | +470,000 |
| Charles Schwab Investment Management Inc | 1,907,337 | $18.4M | 0.0% | −140,501 |
| Franklin Resources Inc | 1,788,155 | $17.2M | 0.0% | −512,804 |
| Luminus Management LLC | 1,776,150 | $17.1M | 11.7% | −946,019 |
| Northern Trust Corp | 1,753,489 | $16.9M | 0.0% | +183,983 |
| Morgan Stanley | 1,602,706 | $15.4M | 0.0% | −596,511 |
| Jpmorgan Chase & Co | 1,538,450 | $14.8M | 0.0% | +932,501 |
13F reports cover disclosed long positions in U.S. stocks only.
The numbers on this page point here. Each one links to the record it came from.