O-I Glass Inc (OI)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -105,000 | -421,000 | -290,000 | -237,000 | -103,000 | 380,000 | 560,000 | 702,000 | 584,000 | 614,000 | 468,000 | 334,000 | 149,000 | 77,000 | 320,000 | 101,000 | 248,000 | 307,000 | -596,000 | -430,000 |
| Revenue (ttm) | US$ in thousands | 6,452,000 | 6,483,000 | 6,465,000 | 6,506,000 | 6,758,000 | 6,774,000 | 6,737,000 | 6,697,000 | 6,614,000 | 6,562,000 | 6,493,000 | 6,371,000 | 6,137,000 | 6,050,000 | 6,326,000 | 6,037,000 | 6,098,000 | 6,194,000 | 5,944,000 | 6,313,000 |
| Net profit margin | -1.63% | -6.49% | -4.49% | -3.64% | -1.52% | 5.61% | 8.31% | 10.48% | 8.83% | 9.36% | 7.21% | 5.24% | 2.43% | 1.27% | 5.06% | 1.67% | 4.07% | 4.96% | -10.03% | -6.81% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-105,000K ÷ $6,452,000K
= -1.63%
The net profit margin of O-I Glass Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
- The company experienced negative net profit margins in the first four quarters of this period, indicating that expenses were surpassing revenues during those periods.
- Subsequently, there was a significant improvement in profitability in the following quarters, with positive net profit margins exceeding 4% in some instances.
- In the most recent quarters, the net profit margin has shown a decline, with negative margins emerging once again by the end of December 31, 2024.
- Overall, the trend in the net profit margin of O-I Glass Inc demonstrates a mix of challenges and improvements in profitability, reflecting the company's varying financial performance over the analyzed period.