At O-I Glass, Inc., we love glass and we're proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it's also pure and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world's leading food and beverage brands. We innovate in line with customers' needs to create iconic packaging that builds brands around the world. Led by our diverse team of more than 25,000 people across 72 plants in 20 countries, O-I achieved revenues of $6.1 billion in 2020.

Company profile
Ticker
OI
Exchange
Website
CEO
Andres Lopez
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
OWENS ILLINOIS INC /DE/
SEC CIK
Corporate docs
Subsidiaries
Paddock Enterprises, LLC • Meigs Investments LLC • Owens-Illinois Group, Inc. • OI General Finance Inc. • OI General FTS Inc. • OI Castalia STS Inc. • OI Levis Park STS Inc. • Owens-Illinois General Inc. • Owens Insurance, Ltd. • Universal Materials, Inc. ...
IRS number
222781933
OI stock data
News
Deutsche Bank Maintains Hold on O-I Glass, Raises Price Target to $16
10 Jun 22
Credit Suisse Maintains Outperform on O-I Glass, Raises Price Target to $21
9 Jun 22
Where O-I Glass Stands With Analysts
8 Jun 22
RBC Capital Maintains Sector Perform on O-I Glass, Raises Price Target to $16
8 Jun 22
Benzinga's Top Ratings Upgrades, Downgrades For May 27, 2022
27 May 22
Press releases
O-I GLASS BUSINESS UPDATE
7 Jun 22
O-I Glass CFO to Present at Deutsche Bank 13th Annual Global Materials Conference
31 May 22
Paddock Enterprises, LLC Plan of Reorganization Confirmed by U.S. Court
27 May 22
O-I Glass Secures $1.3b of $1.5b Portfolio Optimization Target
12 May 22
Long-Serving Directors Kelly and Hellman Retiring
10 May 22
Analyst ratings and price targets
Current price
Average target
$17.40
Low target
$15.00
High target
$21.00
Deutsche Bank
Maintains
$16.00
Credit Suisse
Maintains
$21.00
RBC Capital
Maintains
$16.00
B of A Securities
Upgraded
$19.00
Barclays
Maintains
$15.00
Calendar
26 Apr 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 519M | 519M | 519M | 519M | 519M | 519M |
Cash burn (monthly) | 68.67M | 18.58M | (no burn) | (no burn) | 24.33M | (no burn) |
Cash used (since last report) | 197.3M | 53.4M | n/a | n/a | 69.92M | n/a |
Cash remaining | 321.7M | 465.6M | n/a | n/a | 449.08M | n/a |
Runway (months of cash) | 4.7 | 25.1 | n/a | n/a | 18.5 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 May 22 | Nair Hari N | Common Stock (Direct) | Grant | Acquire A | No | No | 0 | 10,802 | 0 | 70,736 |
11 May 22 | Humphrey John | Common Stock (Direct) | Grant | Acquire A | No | No | 0 | 10,802 | 0 | 51,611 |
11 May 22 | Hardie Gordon | Common Stock (Direct) | Grant | Acquire A | No | No | 0 | 10,802 | 0 | 69,312 |
11 May 22 | David V Clark II | Common Stock (Direct) | Grant | Acquire A | No | No | 0 | 10,802 | 0 | 10,802 |
11 May 22 | Carol A Williams | Common Stock (Direct) | Grant | Acquire A | No | No | 0 | 10,802 | 0 | 79,322 |
Institutional ownership, Q1 2022
0.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 1 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 1.27M |
Total shares | 96.31K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Fruth Investment Management | 67.6K | $890K |
Garner Asset Management | 28.71K | $378K |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Bad
|
New words:
affirmed, agent, America, amid, arising, attractive, bargaining, brownfield, carbon, cessation, Clerk, collaboratively, conflict, content, counted, Cristar, decapitalize, deliver, delivered, delivery, detailed, discovery, easily, Eastern, eligible, emit, employment, enable, evolving, expenditure, expiration, expire, extension, extreme, Figueiredo, fuel, greenfield, hand, hearing, impede, inability, indirectly, install, interrupted, introduce, iv, jointly, lighter, location, maker, Nadir, offer, oil, optimization, owed, portfolio, Prevailing, Prime, procure, project, rebuild, recycled, recycling, requisite, roadmap, Russia, scale, shielded, short, SOFR, solicitation, soliciting, solution, source, sourced, South, TableTop, tableware, tactical, tender, thereof, tightened, timeframe, turned, turnover, Ukraine, unemployment, unwilling, vital, workforce, worldwide, written
Removed:
acute, ad, advocacy, Amendment, ancillary, annul, annulment, application, approximated, arbitration, AUD, August, authorization, avoid, award, Bolivarian, Brexit, campaign, Centre, closing, closure, Colombian, comprised, confirmed, consummated, Convention, curtailing, de, decreasing, delaying, dismissed, divested, dividend, effecting, effectuate, employee, enforce, equitable, expropriated, expropriation, Fabrica, Favianca, favorably, final, finalize, formally, freight, hoc, ICSID, implementation, incorporating, initiated, interested, issuing, June, line, Los, making, month, notified, object, OIDV, OIEG, outbound, outlook, partial, positively, preventing, profitability, protect, protective, Pty, put, qualifying, recognize, redeemed, redemption, reducing, reimbursement, reinstate, rejected, repay, Republic, response, restated, schedule, separate, speculative, suspension, swept, transitional, tribunal, unaffiliated, unplanned, USD, Venezuela, Visy
Financial reports
Current reports
8-K
O-i Glass Business Update
7 Jun 22
8-K
Regulation FD Disclosure
27 May 22
8-K
Departure of Directors or Certain Officers
12 May 22
8-K
O-i Glass Secures $1.3B of $1.5B Portfolio Optimization Target
12 May 22
8-K
O-i Glass Reports First Quarter 2022 Results
25 Apr 22
8-K
Entry into a Material Definitive Agreement
28 Mar 22
8-K
Owens-Brockway Glass Container Inc. Announces Early Tender Results of the Cash Tender Offer for Certain of its Outstanding Senior Notes
25 Feb 22
8-K
Regulation FD Disclosure
10 Feb 22
8-K
Departure of Directors or Certain Officers
2 Feb 22
8-K
O-i Glass Reports Full Year and Fourth Quarter 2021 Results
1 Feb 22
Registration and prospectus
S-8
Registration of securities for employees
29 Oct 20
S-8
Registration of securities for employees
21 Feb 20
15-12B
Securities registration termination
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jan 20
Proxies
DEFA14A
Additional proxy soliciting materials
29 Apr 22
DEFA14A
Additional proxy soliciting materials
30 Mar 22
DEFA14A
Additional proxy soliciting materials
3 May 21
DEFA14A
Additional proxy soliciting materials
31 Mar 21
DEFA14A
Additional proxy soliciting materials
1 Apr 20
DEFA14A
Additional proxy soliciting materials
1 Apr 20
DEF 14A
Definitive proxy
1 Apr 20
DEFA14A
Additional proxy soliciting materials
3 Apr 19
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
1 Jun 21
SD
Conflict minerals disclosure
1 Jun 20
UPLOAD
Letter from SEC
30 Sep 19
CORRESP
Correspondence with SEC
26 Sep 19
UPLOAD
Letter from SEC
15 Sep 19
CORRESP
Correspondence with SEC
20 Aug 19
CORRESP
Correspondence with SEC
25 Jul 19
UPLOAD
Letter from SEC
23 Jul 19
SD
Conflict minerals disclosure
31 May 19
Ownership
11-K
Annual report of employee stock purchases
16 Jun 22
11-K
Annual report of employee stock purchases
16 Jun 22
4
O-I Glass / Carol A Williams ownership change
13 May 22
4
O-I Glass / JOHN H WALKER ownership change
13 May 22
4
O-I Glass / Catherine I Slater ownership change
13 May 22
4
O-I Glass / JOSEPH D RUPP ownership change
13 May 22
4
O-I Glass / HARI N NAIR ownership change
13 May 22
4
O-I Glass / Murray J. Alan ownership change
13 May 22
4
O-I Glass / John Humphrey ownership change
13 May 22
4
O-I Glass / Gordon Hardie ownership change
13 May 22
Transcripts
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
2 Feb 22
2021 Q3
Earnings call transcript
26 Oct 21
2021 Q2
Earnings call transcript
4 Aug 21
2021 Q1
Earnings call transcript
29 Apr 21
2020 Q4
Earnings call transcript
10 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
6 Aug 20
2020 Q1
Earnings call transcript
29 Apr 20
2019 Q4
Earnings call transcript
5 Feb 20
Reddit threads
The VIX spike that leaked out on Friday has foretold of a major volatility increase being imminent in each of the previous occurrences (4/4).
26 Jun 22
Calls on Nike Monday? Put lottos for Tuesday?
25 Jun 22
Putin is creaming his pants
25 Jun 22
lol this went well 🛏
24 Jun 22
The WSB Trash Bin, Discussion Thread for the Week of June 24, 2022
24 Jun 22
Daily Discussion - Friday June 24 2022
24 Jun 22
The ultimate $KIRK DD: Numbers, Facts, and Share buy-backs
23 Jun 22
The Ultimate $KIRK DD: Numbers, Facts, and Share Buy Backs
23 Jun 22
Different Future Versions
23 Jun 22
msft LEAPS C/325
22 Jun 22