O-I Glass (OI)

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

Exchange

NYSE

Website

www.o-i.com

CEO

Andres Lopez

Incorporated

Delaware

Location

Ohio

Fiscal year end

Dec 31

Sector

Manufacturing > Glass Container Manufacturing

Industry (SIC)

Glass Containers

O-I Glass • Ardagh • Stevanato Group Spa ...

Former names

OWENS ILLINOIS INC /DE/

SEC CIK

0000812074

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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

1M 1Y 5Y

News

From Benzinga Pro

Deutsche Bank Maintains Hold on O-I Glass, Raises Price Target to $16

10 Jun 22

Deutsche Bank analyst Kyle White maintains O-I Glass (NYSE:OI) with a Hold and raises the price target from $14 to $16.

Credit Suisse Maintains Outperform on O-I Glass, Raises Price Target to $21

9 Jun 22

Credit Suisse analyst Curt Woodworth maintains O-I Glass (NYSE:OI) with a Outperform and raises the price target from $18 to $21.

Where O-I Glass Stands With Analysts

8 Jun 22

Over the past 3 months, 4 analysts have published their opinion on O-I Glass (NYSE:OI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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

From Benzinga Pro

O-I GLASS BUSINESS UPDATE

7 Jun 22

PERRYSBURG, Ohio, June 07, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE:OI) today provided a business update for the second quarter of 2022 in advance of participation in an investor

O-I Glass CFO to Present at Deutsche Bank 13th Annual Global Materials Conference

31 May 22

PERRYSBURG, Ohio, May 31, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE:OI) today announced the Company will participate in Deutsche Bank 13th Annual Global Materials Conference on Wednesday,

Paddock Enterprises, LLC Plan of Reorganization Confirmed by U.S. Court

27 May 22

PERRYSBURG, OH, May 27, 2022 (GLOBE NEWSWIRE) -- Plan of Reorganization confirmed by U.S. Bankruptcy Court Plan received overwhelming support of Paddock's asbestos Claimants with more than 99 percent voting in

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

Last 3 months

Average target

$17.40

Low target

$15.00

High target

$21.00

Calendar

26 Apr 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart OI financial data

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

Beta Read what these cash burn values mean

Financial data from O-I Glass earnings reports.

Recent insider trades

OI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
11 May 22	Nair Hari N	Common Stock (Direct)	Grant	Acquire A	No	No	10,802	70,736
11 May 22	Humphrey John	Common Stock (Direct)	Grant	Acquire A	No	No	10,802	51,611
11 May 22	Hardie Gordon	Common Stock (Direct)	Grant	Acquire A	No	No	10,802	69,312
11 May 22	David V Clark II	Common Stock (Direct)	Grant	Acquire A	No	No	10,802	10,802
11 May 22	Carol A Williams	Common Stock (Direct)	Grant	Acquire A	No	No	10,802	79,322

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

OI institutional ownership history Ownership history

0.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	2	–
Opened positions	0	0
Closed positions	0	1	EXIT
Increased positions	1	1	–
Reduced positions	1	1	–

13F shares	Current	Prev Q	Change
Total value	1.27M	1.15M	+10.4%
Total shares	96.31K	95.51K	+0.8%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Fruth Investment Management	67.6K	$890K	+1.5%
Garner Asset Management	28.71K	$378K	-0.7%

Largest transactions	Shares	Bought/sold	Change
Fruth Investment Management	67.6K	+1K	+1.5%
Garner Asset Management	28.71K	-202	-0.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Bad

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From filing 10-Q 2022 Q1

Financial reports

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