O-I Glass Inc. Common Stock (OI)

FairStock Score: 48/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I start with business quality and financial staying power. O-I Glass makes essential glass containers for beer, spirits, food and pharmaceuticals, with 19,000 employees and FY2025 revenue of $6.4B. That scale matters, but glass packaging is capital-intensive and competitive; the 3.57% ROCE is far from what I want from a durable franchise. The reported numbers are ugly. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.7B but net income was -$972M and EPS -$6.33. FY2025 revenue was $6.4B with a net loss of $129M and EPS -$0.84; FY2024 and FY2023 also produced net losses of $106M and $103M. Trailing free cash flow is -$14M, a -1.5% FCF yield. Debt is heavy: D/E 9.25, and the Altman Z-score is 0.32, a distress signal. At the 2026-10-13 close of $5.90, FairStock's P/E is -0.78 and P/B is 2.37, so this is not a classic Graham bargain; there is no earnings cushion. The one hopeful sign is fiscal Q3 2025 net income of $30M and a low beta of 0.66. But a Lynch TURNAROUND needs evidence that losses are temporary and cash flow can recover. Until then, I see a speculative balance-sheet story, not a margin-of-safety investment.

In plain English: O-I Glass makes glass containers for drinks, food, and medicines. The business looks weak right now: sales are shrinking and recent reports show very large losses, including a big loss in the quarter ended June 30, 2026. At $5.90 a share, the price may seem low, but with negative profits, high debt, and weak cash flow, it does not look clearly cheap based on the numbers.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer