O-I Glass Inc (OI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 16.18% | 16.46% | 18.81% | 20.43% | 22.12% | 22.48% | 22.03% | 20.80% | 18.34% | 18.15% | 17.99% | 18.03% | 17.74% | 18.45% | 17.25% | 15.70% | 15.94% | 15.89% | 16.92% | 18.68% |
| Operating profit margin | 0.60% | -4.24% | -2.10% | -1.32% | 0.99% | 7.90% | 10.85% | 13.51% | 12.17% | 12.92% | 10.73% | 8.90% | 5.41% | 2.23% | 3.35% | 1.87% | 5.81% | -6.86% | -7.12% | -4.53% |
| Pretax margin | 0.33% | -4.53% | -2.41% | -1.60% | 0.73% | 7.69% | 10.66% | 13.30% | 11.51% | 12.19% | 10.07% | 8.21% | 5.15% | 4.30% | 7.92% | 3.13% | 5.51% | 6.26% | -8.83% | -4.97% |
| 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% |
O-I Glass Inc has shown a fluctuating trend in profitability ratios over the analyzed period. The gross profit margin has generally improved from around 16% to over 22% by December 31, 2023, indicating the company's ability to effectively control production costs and generate profit from its core business activities.
On the other hand, the operating profit margin experienced significant volatility, ranging from negative percentages to above 10% during the period. The margin turned negative in some quarters before recovering to positive levels, showcasing the company's challenges in managing operating expenses and efficiency in generating profits from its operations.
The pretax margin also demonstrated variability, with negative figures recorded in some quarters but improving to around 13% by March 31, 2023, before declining again towards the end of the period. This suggests fluctuations in O-I Glass Inc's ability to generate profits before accounting for taxes, possibly influenced by changes in revenue and expenses.
Similarly, the net profit margin showed inconsistency, with periods of negative margins indicating that the company's bottom line was impacted by various factors, including operational inefficiencies or economic conditions. Overall, the margins highlight the company's performance in converting revenue into profits for shareholders, revealing areas where O-I Glass Inc may need to focus on improvement in order to enhance overall profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.45% | -2.93% | -1.46% | -0.91% | 0.69% | 5.50% | 7.38% | 9.60% | 8.88% | 9.81% | 7.86% | 6.39% | 3.76% | 1.54% | 2.39% | 1.28% | 3.99% | -4.93% | -4.42% | -3.01% |
| Return on assets (ROA) | -1.21% | -4.49% | -3.11% | -2.52% | -1.07% | 3.90% | 5.65% | 7.45% | 6.45% | 7.10% | 5.27% | 3.76% | 1.69% | 0.88% | 3.61% | 1.14% | 2.79% | 3.56% | -6.22% | -4.52% |
| Return on total capital | 6.32% | 0.71% | 3.06% | 4.92% | 6.22% | 14.29% | 17.02% | 20.42% | 17.28% | 20.43% | 15.36% | 13.07% | 9.72% | 8.76% | 13.34% | 8.39% | 11.47% | 13.38% | -3.28% | -0.23% |
| Return on equity (ROE) | -9.73% | -83.86% | -36.99% | -25.05% | -6.40% | 31.99% | 43.72% | 62.62% | 41.21% | 76.75% | 36.08% | 29.12% | 20.69% | 16.56% | 79.21% | 45.91% | 83.50% | 787.18% | — | — |
O-I Glass Inc's profitability ratios show fluctuating performance over the analyzed periods.
1. Operating Return on Assets (Operating ROA):
- The company's Operating ROA started at negative levels in March 2020 and continued to improve gradually, reaching a peak of 9.60% by March 2023. However, it declined thereafter to 0.69% by December 2023. This ratio indicates the efficiency of O-I Glass in generating profits from its operational assets.
2. Return on Assets (ROA):
- ROA also showed variability, starting from negative values in March 2020 and increasing to positive levels by September 2020. The ratio improved until reaching a peak of 7.45% in March 2023, but declined to negative levels by the end of 2024. ROA reflects the company's ability to generate profits relative to its total assets.
3. Return on Total Capital:
- O-I Glass demonstrated a volatile trend in Return on Total Capital, with negative values in early 2020, followed by significant improvement reaching a high of 20.42% in March 2023. However, this ratio tapered off to 6.32% by December 2024. This metric assesses the company's profitability concerning the total capital employed, including both equity and debt.
4. Return on Equity (ROE):
- The Return on Equity ratio started with extremely high values in September 2020, due to negative equity in the prior periods. Subsequently, ROE fluctuated, indicating a mixed performance in the utilization of shareholders' equity to generate profits. The ratio turned negative by June 2024, showing a decline in shareholder profitability.
In conclusion, O-I Glass Inc's profitability ratios reflect a mixed performance with improvements followed by periods of decline. The company should focus on sustaining its profitability levels and efficiently utilizing its assets and capital to drive long-term shareholder value.