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OI

O-I Glass Inc

$14.32

Earnings Summary

Revenue
$1778Mn
Net Profits
$252Mn
Net Profit Margins
14.17%
PE Ratio
5.16

Highlights

Revenue:

O-I Glass Inc’s revenue jumped 7.11% since last year same period to $1778Mn in the Q2 2022. On a quarterly growth basis, O-I Glass Inc has generated 5.08% jump in its revenue since last 3-months.

Net Profits:

O-I Glass Inc’s net profit jumped 113.56% since last year same period to $252Mn in the Q2 2022. On a quarterly growth basis, O-I Glass Inc has generated 186.36% jump in its net profits since last 3-months.

Net Profit Margins:

O-I Glass Inc’s net profit margin jumped 99.39% since last year same period to 14.17% in the Q2 2022. On a quarterly growth basis, O-I Glass Inc has generated 172.51% jump in its net profit margins since last 3-months.

PE Ratio:

O-I Glass Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 5.16.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the O-I Glass Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.65
EPS Estimate Current Year
0.65

Highlights

EPS Estimate Current Quarter:

O-I Glass Inc’s earning per share (EPS) estimates for the current quarter stand at 0.65 - a 62.5% jump from last quarter’s estimates.

EPS Estimate Current Year:

O-I Glass Inc’s earning per share (EPS) estimates for the current year stand at 0.65.

Key Ratios

Key ratios of the O-I Glass Inc post its Q2 2022 earnings

Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.58
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. O-I Glass Inc’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. O-I Glass Inc’s return on equity (ROE) stands at 0.58.

Dividend Per Share (DPS):

O-I Glass Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-26
0.4
0.56
40%

Company Information

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.

Organisation
O-I Glass Inc
Headquarters
One Michael Owens Way, Perrysburg, OH, United States, 43551-2999
Employees
26500
Industry
Process Industries
CEO
Andres Lopez