O-I Glass Inc (OI)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -106,000 | -103,000 | 584,000 | 149,000 | 249,000 |
| Total stockholders’ equity | US$ in thousands | 1,079,000 | 1,609,000 | 1,417,000 | 720,000 | 297,000 |
| ROE | -9.82% | -6.40% | 41.21% | 20.69% | 83.84% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-106,000K ÷ $1,079,000K
= -9.82%
The return on equity (ROE) of O-I Glass Inc has shown fluctuating trends over the past five years. In December 2020, the ROE was robust at 83.84%, indicating strong profitability relative to shareholders' equity.
However, there was a significant drop in ROE to 20.69% by December 2021, suggesting a decrease in profitability or potentially increased shareholder equity.
By December 2022, the ROE improved to 41.21%, indicating a partial recovery in profitability.
The trend reversed again in December 2023 and December 2024, with negative ROE figures of -6.40% and -9.82% respectively. Negative ROE values signal that the company's net income was insufficient to generate a return for shareholders or that the company operated at a loss.
Overall, the fluctuating ROE of O-I Glass Inc over the analyzed period indicates variability in the company's profitability and efficiency in generating returns for its shareholders.