The story
Founded by Michael Joseph Owens in 1929, in Toledo.1
OI on NYSE
Owens-Illinois
Logo: Owens-Illinois, Inc., Public domain, via Wikimedia Commons5
American manufacturing company
O-I Glass, Inc. (formerly Owens-Illinois) is an American company that specializes in container glass products. It is the largest manufacturer of glass containers in North America, South America, Asia-Pacific and Europe (after acquiring BSN Glasspack in 2004).3 It was founded by Michael Joseph Owens.1 Wikipedia text CC BY-SA 4.0
Price unavailable
Last updated Oct 21, 2026.
Overview
1929Founded1
Compare with Silgan Holdings, Sonoco or Greif, Inc., or pick any stock.
- TickerOI on NYSE1
- Industryproduct packaging industry1
- HeadquartersToledo1
- Founded inToledo1
- Websitewww.o-i.com
- Legal formDelaware corporation1
- Incorporated inDE6
- Business addressOne Michael Owens Way, Perrysburg, Oh 43551-29996
- Filer categoryLarge accelerated filer6
- LEIXRT4MR5HXMYMNAZQA7154
- StatusInactive4
- LEI statusRetired4
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
- Registered withDivision of Corporations, Department of State, 20768934
See how the biggest companies compare on our leaderboards
O-I Glass, Inc. (formerly Owens-Illinois) is an American company that specializes in container glass products. It is the largest manufacturer of glass containers in North America, South America, Asia-Pacific and Europe (after acquiring BSN Glasspack in 2004).3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
17.3%Gross margin8
-2.0%Net margin8
-1.6%Revenue growth, 20258
-10.0%Return on equity8
3.74×Debt to equity8
$168.0MFree cash flow8
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Alcoholic Beverages brought in 62% of the revenue Owens-Illinois broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Alcoholic Beverages | $4.6B | $4.0B | $3.9B |
| Food And Other | $1.4B | $1.4B | $1.4B |
| Nonalcoholic Beverage | $1.0B | $1.0B | $1.0B |
Business segments
Americas brought in 57% of the revenue Owens-Illinois broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Americas | $3.9B | $3.6B | $3.6B |
| Europe | $3.1B | $2.8B | $2.7B |
| Other Operating | $123.0M | $127.0M | $96.0M |
Regions
Outside the United States brought in 73% of the revenue Owens-Illinois broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outside the United States | $5.3B | $4.8B | $4.7B |
| United States | $1.8B | $1.7B | $1.7B |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue83¢$5.3B
- Research and development1¢$42.0M
- Selling, general and admin7¢$434.0M
- Other costs4¢$238.0M
- Interest5¢$341.0M
- Income tax1¢$54.0M
Out of $6.4B in revenue.8 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending72¢$432.0M
- Share buybacks7¢$40.0M
- Kept or used elsewhere21¢$128.0M
Out of $600.0M of cash from operations.8
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $6.4B | $6.5B | $7.1B |
| Cost of goods sold | -$5.3B | -$5.5B | -$5.6B |
| Gross profit | $1.1B | $1.0B | $1.5B |
| Selling and administrative expense | -$434.0M | -$445.0M | -$540.0M |
| Research, development and engineering expense | -$42.0M | -$80.0M | -$92.0M |
| Interest expense, net | -$341.0M | -$335.0M | -$342.0M |
| Equity earnings | $119.0M | $79.0M | $127.0M |
| Other expense, net | -$460.0M | -$226.0M | -$582.0M |
| Earnings (loss) before income taxes | -$49.0M | $38.0M | $67.0M |
| Provision for income taxes | -$54.0M | -$126.0M | -$152.0M |
| Net loss | -$103.0M | -$88.0M | -$85.0M |
| Net earnings attributable to noncontrolling interests | -$26.0M | -$18.0M | -$18.0M |
| Net loss attributable to the Company | -$129.0M | -$106.0M | -$103.0M |
| Net loss attributable to the Company (in dollars per share) | -$0.84 | -$0.69 | -$0.67 |
| Net loss attributable to the Company (in dollars per share) | -$0.84 | -$0.69 | -$0.67 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $759.0M | $734.0M | ||
| Trade receivables, net of allowances of $31 million and $30 million at December 31, 2025 and 2024, respectively | $601.0M | $572.0M | ||
| Inventories | $1.0B | $963.0M | ||
| Prepaid expenses and other current assets | $239.0M | $209.0M | ||
| Total current assets | $2.6B | $2.5B | ||
| Equity investments | $735.0M | $661.0M | $743.0M | |
| Pension assets | $128.0M | $92.0M | ||
| Other assets | $657.0M | $608.0M | ||
| Intangibles, net | $188.0M | $198.0M | ||
| Goodwill | $1.5B | $1.3B | $1.5B | $1.8B |
| Total other assets | $3.2B | $2.9B | ||
| Land, at cost | $227.0M | $208.0M | ||
| Buildings and building equipment | $1.4B | $1.1B | ||
| Factory machinery and equipment | $6.3B | $5.5B | ||
| Transportation, office and miscellaneous equipment | $92.0M | $73.0M | ||
| Construction in progress | $362.0M | $834.0M | ||
| Property, plant and equipment, at cost | $8.4B | $7.8B | ||
| Less accumulated depreciation | $4.9B | $4.5B | ||
| Net property, plant and equipment | $3.4B | $3.3B | ||
| Total assets | $9.2B | $8.7B | $9.7B | |
| Accounts payable | $1.2B | $1.1B | ||
| Salaries and wages | $159.0M | $121.0M | ||
| U.S. and foreign income taxes | $41.0M | $49.0M | ||
| Restructuring | $131.0M | $75.0M | ||
| Other accrued liabilities | $395.0M | $357.0M | ||
| Short-term loans | $96.0M | $110.0M | ||
| Long-term debt due within one year | $66.0M | $306.0M | ||
| Total current liabilities | $2.1B | $2.2B | ||
| Long-term debt | $4.8B | $4.6B | ||
| Deferred taxes | $75.0M | $74.0M | ||
| Pension benefits | $202.0M | $193.0M | ||
| Nonpension postretirement benefits | $49.0M | $62.0M | ||
| Other liabilities | $546.0M | $407.0M | ||
| Common stock, par value $.01 per share, 250,000,000 shares authorized, 183,530,836 and 184,851,162 shares issued (including treasury shares), respectively | $2.0M | $2.0M | ||
| Capital in excess of par value | $3.0B | $3.1B | ||
| Treasury stock, at cost, 30,558,356 and 30,783,642 shares, respectively | -$667.0M | -$677.0M | ||
| Retained earnings | $548.0M | $676.0M | ||
| Accumulated other comprehensive loss | -$1.6B | -$2.0B | ||
| Total share owners' equity of the Company | $1.3B | $1.1B | ||
| Noncontrolling interests | $151.0M | $126.0M | ||
| Total share owners' equity | $1.4B | $1.2B | $1.7B | $1.5B |
| Total liabilities and share owners' equity | $9.2B | $8.7B | ||
| Trade receivables allowance | $31.0M | $30.0M | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized | 250.0M shares | 250.0M shares | ||
| Common stock, shares issued | 183.5M shares | 184.9M shares | ||
| Treasury shares | 30.6M shares | 30.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $759.0M | $734.0M | ||
| Trade receivables, net of allowances of $31 million and $30 million at December 31, 2025 and 2024, respectively | $601.0M | $572.0M | ||
| Inventories | $1.0B | $963.0M | ||
| Prepaid expenses and other current assets | $239.0M | $209.0M | ||
| Total current assets | $2.6B | $2.5B | ||
| Equity investments | $735.0M | $661.0M | $743.0M | |
| Pension assets | $128.0M | $92.0M | ||
| Other assets | $657.0M | $608.0M | ||
| Intangibles, net | $188.0M | $198.0M | ||
| Goodwill | $1.5B | $1.3B | $1.5B | $1.8B |
| Total other assets | $3.2B | $2.9B | ||
| Land, at cost | $227.0M | $208.0M | ||
| Buildings and building equipment | $1.4B | $1.1B | ||
| Factory machinery and equipment | $6.3B | $5.5B | ||
| Transportation, office and miscellaneous equipment | $92.0M | $73.0M | ||
| Construction in progress | $362.0M | $834.0M | ||
| Property, plant and equipment, at cost | $8.4B | $7.8B | ||
| Less accumulated depreciation | $4.9B | $4.5B | ||
| Net property, plant and equipment | $3.4B | $3.3B | ||
| Total assets | $9.2B | $8.7B | $9.7B | |
| Accounts payable | $1.2B | $1.1B | ||
| Salaries and wages | $159.0M | $121.0M | ||
| U.S. and foreign income taxes | $41.0M | $49.0M | ||
| Restructuring | $131.0M | $75.0M | ||
| Other accrued liabilities | $395.0M | $357.0M | ||
| Short-term loans | $96.0M | $110.0M | ||
| Long-term debt due within one year | $66.0M | $306.0M | ||
| Total current liabilities | $2.1B | $2.2B | ||
| Long-term debt | $4.8B | $4.6B | ||
| Deferred taxes | $75.0M | $74.0M | ||
| Pension benefits | $202.0M | $193.0M | ||
| Nonpension postretirement benefits | $49.0M | $62.0M | ||
| Other liabilities | $546.0M | $407.0M | ||
| Common stock, par value $.01 per share, 250,000,000 shares authorized, 183,530,836 and 184,851,162 shares issued (including treasury shares), respectively | $2.0M | $2.0M | ||
| Capital in excess of par value | $3.0B | $3.1B | ||
| Treasury stock, at cost, 30,558,356 and 30,783,642 shares, respectively | -$667.0M | -$677.0M | ||
| Retained earnings | $548.0M | $676.0M | ||
| Accumulated other comprehensive loss | -$1.6B | -$2.0B | ||
| Total share owners' equity of the Company | $1.3B | $1.1B | ||
| Noncontrolling interests | $151.0M | $126.0M | ||
| Total share owners' equity | $1.4B | $1.2B | $1.7B | $1.5B |
| Total liabilities and share owners' equity | $9.2B | $8.7B | ||
| Trade receivables allowance | $31.0M | $30.0M | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized | 250.0M shares | 250.0M shares | ||
| Common stock, shares issued | 183.5M shares | 184.9M shares | ||
| Treasury shares | 30.6M shares | 30.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$103.0M | -$88.0M | -$85.0M |
| Depreciation | $391.0M | $395.0M | $385.0M |
| Amortization of intangibles and other deferred items | $88.0M | $91.0M | $98.0M |
| Amortization of finance fees and debt discount | $10.0M | $10.0M | $11.0M |
| Deferred tax provision | -$65.0M | $7.0M | $25.0M |
| Pension expense | $31.0M | $32.0M | $30.0M |
| Stock-based compensation expense | $25.0M | $14.0M | $43.0M |
| Restructuring, asset impairment and related charges | $445.0M | $208.0M | $97.0M |
| Pension settlement and curtailment charges | $5.0M | $5.0M | $19.0M |
| Legacy environmental charge | $4.0M | $11.0M | |
| Goodwill impairment | $445.0M | ||
| Equity investment impairment | $25.0M | ||
| Gain on sale of divested businesses and miscellaneous assets | -$5.0M | -$6.0M | -$4.0M |
| Pension contributions | -$34.0M | -$32.0M | -$32.0M |
| Cash paid for restructuring activities | -$128.0M | -$41.0M | -$26.0M |
| Legacy environmental settlement paid | -$17.0M | ||
| Change in components of working capital (See Note 20) | $20.0M | -$125.0M | -$148.0M |
| Other, net | -$67.0M | -$17.0M | -$40.0M |
| Cash provided by operating activities | $600.0M | $489.0M | $818.0M |
| Cash payments for property, plant and equipment | -$432.0M | -$617.0M | -$688.0M |
| Contributions and advances to joint ventures | -$3.0M | -$10.0M | |
| Cash proceeds on disposal of other businesses and misc. assets | $56.0M | $29.0M | $11.0M |
| Net cash proceeds (payments) for hedging activity | $8.0M | -$29.0M | $4.0M |
| Cash utilized in investing activities | -$368.0M | -$620.0M | -$683.0M |
| Additions to long-term debt | $2.5B | $1.1B | $1.3B |
| Repayments of long-term debt | -$2.6B | -$1.0B | -$1.3B |
| Increase (decrease) in short-term loans | -$30.0M | $17.0M | $47.0M |
| Payment of finance fees | -$18.0M | -$13.0M | -$22.0M |
| Cash payments for hedging activity | -$23.0M | -$40.0M | |
| Distributions paid to noncontrolling interests | -$16.0M | -$17.0M | -$6.0M |
| Shares repurchased | -$40.0M | -$40.0M | -$40.0M |
| Other, net | -$6.0M | -$14.0M | |
| Cash utilized in financing activities | -$250.0M | -$8.0M | -$27.0M |
| Effect of exchange rate fluctuations on cash | $43.0M | -$40.0M | $32.0M |
| Change in cash | $25.0M | -$179.0M | $140.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Owens-Illinois sits at the top of its group. 113 entities, 24 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Owens-Illinois
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Owens-Illinois, latest Oct 8, 2026 (2 filings since Jul 15, 2025)
- AllianceBernstein Filed SCHEDULE 13G/A on Owens-Illinois, latest Aug 14, 2026 (2 filings since Aug 13, 2025)
- COOPER CREEK PARTNERS MANAGEMENT LLC Filed SCHEDULE 13G on Owens-Illinois, latest Aug 14, 2026 (8 filings since Nov 20, 2024)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Owens-Illinois, latest Apr 30, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Owens-Illinois, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Owens-Illinois, latest Mar 27, 2026 (4 filings since Feb 10, 2022)
- FMR LLC Filed SCHEDULE 13G/A on Owens-Illinois, latest Feb 5, 2026 (7 filings since Feb 9, 2022)
- BlackRock Filed SCHEDULE 13G/A on Owens-Illinois, latest Apr 30, 2025 (5 filings since Jan 25, 2022)
- Russell Investments Group, Ltd. Filed SC 13G/A on Owens-Illinois, latest Feb 14, 2022
- Owens-Illinois Perrysburg, Ohio, United States
- ACI America Holdings Inc. Subsidiary · Delaware, United States
- ACI Beijing Limited Subsidiary · Hong Kong
- ACI Guangdong Glass Company Limited Subsidiary · China
- ACI Guangdong Limited Subsidiary · Hong Kong
- ACI Shanghai Limited Subsidiary · Hong Kong
- ACI Ventures, Inc. Subsidiary · Delaware, United States
- Atlantique Emballage Subsidiary · France
- Bolivian Investments, Inc. Subsidiary · Delaware, United States
- Brockway Realty Corporation Subsidiary · Pennsylvania, United States
- BSN Glasspack N.V. Subsidiary
- CMC S.A. Subsidiary · Colombia
- Continental PET Holdings Pty. Ltd. Subsidiary · Australia
- Cristaleria del Ecuador, S.A. Subsidiary · Ecuador
- Cristaleria Peldar, S.A. Subsidiary · Colombia
- Envases de Vidrio de las Americas, S. de R.L. de C.V. Subsidiary · Mexico
- Especialidades Operativas de America, S. de R.L. de C.V. Subsidiary · Mexico
- Fabrica de Vidrio Los Andes, C. A. Subsidiary · Venezuela
- Glass International OISPV, S.A.P.I. de C.V. Subsidiary · Mexico
- Glass to Glass Denver, LLC Subsidiary · Delaware, United States
- Glassholdco S.A.S (fkaCristar S.A.S.) Subsidiary · Colombia
- Industria de Materias Primas S.A.S. Subsidiary · Colombia
- Le Parfait Subsidiary
- Maumee Air Associates Inc. Subsidiary · Delaware, United States
- Mineracao Descalvado Ltda. Subsidiary · Brazil
- Mineracao Silminas Ltda. Subsidiary · Brazil
- and 87 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Owens-Illinois reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $227.0M8 Dec 31, 2025 | $208.0M8 Dec 31, 2024 | +9.1% |
| Buildings and improvements | $1.4B8 Dec 31, 2025 | $1.1B8 Dec 31, 2024 | +20.1% |
| Machinery and equipment | $6.3B8 Dec 31, 2025 | $5.5B8 Dec 31, 2024 | +14.5% |
| Construction in progress | $362.0M8 Dec 31, 2025 | $834.0M8 Dec 31, 2024 | −56.6% |
| Property and equipment, before depreciation | $8.4B8 Dec 31, 2025 | $7.8B8 Dec 31, 2024 | +7.6% |
| Accumulated depreciation | $4.9B8 Dec 31, 2025 | $4.5B8 Dec 31, 2024 | +9.9% |
| Property and equipment, net | $3.4B8 Dec 31, 2025 | $3.3B8 Dec 31, 2024 | +4.6% |
| Operating-lease assets (leased space) | $186.0M8 Dec 31, 2025 | $201.0M8 Dec 31, 2024 | −7.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $759.0M8 Dec 31, 2025 | $734.0M8 Dec 31, 2024 | +3.4% |
| Stakes in other companies (equity method) | $735.0M8 Dec 31, 2025 | $661.0M8 Dec 31, 2024 | +11.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.5B8 Dec 31, 2025 | $1.3B8 Dec 31, 2024 | +12.6% |
| Finite-lived intangibles, net | $188.0M8 Dec 31, 2025 | $198.0M8 Dec 31, 2024 | −5.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $1.0B8 Dec 31, 2025 | $963.0M8 Dec 31, 2024 | +4.0% |
| Raw materials | $182.0M8 Dec 31, 2025 | $169.0M8 Dec 31, 2024 | +7.7% |
| Finished goods | $781.0M8 Dec 31, 2025 | $745.0M8 Dec 31, 2024 | +4.8% |
| Supplies | $39.0M8 Dec 31, 2025 | $49.0M8 Dec 31, 2024 | −20.4% |
Properties, in its own words
The principal manufacturing facilities and other material important physical properties of the Company at December 31, 2025 are listed below. All properties are glass container plants and are owned in fee, except where otherwise noted.
Americas Operations
The rest of Item 2
Brazil
Recife · Sao Paulo
Rio de Janeiro · Vitoria de Santo Antao
Canada
Brampton, Ontario(1) · Montreal, Quebec
Colombia
Soacha · Zipaquira
Ecuador
Guayaquil
Mexico
Guadalajara · Tlanepantla Estado de Mexico
Monterrey · Toluca
Queretaro · Tultitlan Estado de Mexico
Peru
Lurin
United States
Auburn, NY · Los Angeles, CA(1)
Bowling Green, KY · Muskogee, OK
Brockway, PA · Toano, VA
Crenshaw, PA · Tracy, CA
Danville, VA · Windsor, CO
Kalama, WA(1) · Winston-Salem, NC
Lapel, IN · Zanesville, OH
European Operations
Czech Republic
Dubi · Nove Sedlo
Estonia
Jarvakandi
France
Beziers · Vayres
Gironcourt · Veauche
Labegude · Vergeze
Puy-Guillaume · Wingles
Reims
Germany
Bernsdorf · Rinteln
Holzminden
Hungary
Oroshaza
Italy
Aprilia · Origgio
Asti · Ottaviano
Bari · San Gemini
Marsala · San Polo
Mezzocorona · Villotta
The Netherlands
Leerdam · Maastricht
Poland
Jaroslaw · Poznan
Sevilla
United Kingdom
Alloa · Harlow
Other Operations
Engineering Support Centers
Brockway, Pennsylvania · Jaroslaw, Poland
Lurin, Peru · Perrysburg, Ohio
Shared Service Centers
Medellin, Colombia(1) · Poznan, Poland(1)
Perrysburg, Ohio
Distribution Center
Laredo, TX(1)
China
Zhaoqing
Corporate Facilities
Perrysburg, Ohio · Vufflens-la-Ville, Switzerland(1)
(1) · This facility is leased in whole or in part.
The Company believes that its facilities are well maintained and currently adequate for its planned production requirements over the next three to five years.
Item 2 of the 10-K filed Feb 12, 2026.17
Leadership
Who has led Owens-Illinois, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
197019801990200020102020
- FounderMichael Joseph Owens1
- Chief executive officerGordon Hardie May 17, 2024 to now18
- Chief executive officerAndres Alberto Lopez Mar 9, 2016 to Mar 11, 202419
- Chief executive officerSteven R. McCracken Feb 10, 2006 to Jun 12, 200620
- Chief executive officerAlbert P. L. Stroucken Dec 5, 2006 to Mar 10, 201521
- ChairAlbert P. L. Stroucken Dec 5, 2006 to Mar 9, 201621
- PresidentGordon Hardie May 17, 2024 to now18
- PresidentMiguel Alvarez Jan 11, 2016 to Mar 10, 202022
- PresidentVitaliano Torno Jan 11, 2016 to Mar 11, 202423
- PresidentSergio B.o. Galindo Jun 17, 2015 to Sep 6, 201724
- PresidentAndres Alberto Lopez Nov 5, 2014 to Mar 11, 202425
- PresidentSteven R. McCracken Feb 10, 2006 to Jun 12, 200620
- Chief financial officerJohn Haudrich Apr 8, 2015 to Nov 25, 201526
- Chief financial officerJan Bertsch Nov 25, 2015 to Mar 11, 201927
- Chief financial officerStephen P. Bramlage Jr. Jun 7, 2012 to Mar 30, 201528
- Chief financial officerEdward C. White Feb 10, 2006 to Mar 9, 201229
- Chief operating officerAndres Alberto Lopez Mar 10, 2015 to Nov 5, 201530
Board members and other officers (55)
- SVP, Business Ops AmericasEduardo Restrepo Feb 24, 2025 to now31
- SVP, Chief Supply OfficerDonato Giorgio Nov 5, 2025 to now32
- SVP, Business Ops EuropeEmmanuelle Guerin Oct 10, 2024 to now33
- SVP, Chief Admin & Sus OfficerRandolph L. Burns Oct 18, 2024 to now34
- SVP, GC & Corporate SecretaryDarrow A. Abrahams Sep 11, 2020 to now35
- Senior VP, GC & SecretaryMary Beth Wilkinson Jan 5, 2017 to Aug 27, 202036
- Senior Vice PresidentJames W. Baehren Mar 9, 2017 to Mar 9, 201737
- SVP, Chief Tech & SC OfficerMoyano Giancarlo Currarino May 18, 2017 to Sep 4, 202438
- SVP & Chief Marketing OfficerSuley Muratoglu May 18, 2017 to May 18, 201739
- SVP & Chief Sales & MarketingArnaud Aujouannet Dec 20, 2017 to now40
- Chief Strat. & Integ. OfficerJohn Haudrich Mar 8, 2016 to Mar 11, 201941
- Sr. VP, Pres Asia/PacificSergio B.o. Galindo Jan 28, 2014 to Mar 9, 201842
- VP, President of Latin AmericaAndres Alberto Lopez Feb 6, 2013 to May 6, 201443
- VP, President of EuropeEric Cm Bouts Feb 6, 2013 to Mar 11, 201444
- Sr. VP & Chief Adm. OfficerPaul Arthur Jarrell Feb 6, 2013 to Mar 9, 201745
- Vice PresidentMichael Paparone Jan 18, 2007 to Jan 18, 200746
- Pres, Asia Pacific OperationsGreg W. Ridder Jan 9, 2006 to Feb 10, 200647
- VP/Gen Counsel-Corp & Asst SecPhilip McWeeny Feb 8, 2006 to May 10, 200648
- Chief Information OfficerGerard Damien Doyle Feb 10, 2006 to Sep 8, 200649
- Sr. V.P - Pres. European GlassGilberto E. Restrepo Feb 10, 2006 to Feb 10, 200650
- VP-Dir Sales & Mkt-NA GlassJohn Bachey Feb 10, 2006 to Feb 10, 200651
- VP, Pres of Healthcare PkgingJoseph Conda V. Feb 10, 2006 to Feb 10, 200652
- Sr VP-Pres Latin Amer OpsL. Richard Crawford Feb 10, 2006 to Dec 20, 201153
- Sr VP-Pres North Amer GlassMatthew Gale Longthorne Feb 10, 2006 to Feb 10, 200654
- VP, Pres Closure & SpecialtyMichael D. McDaniel Feb 10, 2006 to May 31, 200655
- VP, Chief Procurement OfficerRaymond Charles Schlaff Feb 10, 2006 to Feb 10, 200656
- VP, Global Ops & TechnologyRobert E. Lachmiller Feb 10, 2006 to Feb 10, 200657
- Sr. VP, Chief HR OfficerStephen P. Malia Feb 10, 2006 to Feb 10, 200658
- Board memberY. Garza Eugenio Garza May 19, 2025 to now59
- Board memberCheri M. Phyfer May 17, 2024 to now60
- Board memberEric J. Foss May 17, 2024 to now61
- Board memberCatherine I. Slater May 14, 2020 to now62
- Board memberSamuel R. Chapin May 14, 2020 to now63
- Board memberJohn Walker May 21, 2019 to May 12, 202364
- Board memberJohn Humphrey May 15, 2018 to now65
- Board memberJoe Rupp Oct 10, 2017 to May 13, 202266
- Board memberJoseph J. Deangelo Jun 1, 2016 to May 15, 201767
- Board memberGordon Hardie May 13, 2015 to now68
- Board memberMurray J. Alan May 13, 2015 to May 17, 202469
- Board memberCarol A. Williams Jan 30, 2014 to now70
- Board memberHari N. Nair Aug 6, 2013 to now71
- Board memberJay L. Geldmacher Apr 27, 2009 to May 20, 201472
- Board memberDavid Hing-Yuen Ho Aug 15, 2008 to May 9, 201273
- Board memberPeter S. Hellman Mar 23, 2007 to May 13, 202174
- Board memberHugh H. Roberts Oct 24, 2007 to May 21, 201975
- Board memberSteven R. McCracken Feb 10, 2006 to Jun 12, 200620
- Board memberAlbert P. L. Stroucken May 8, 2006 to May 8, 200676
- Board memberAnastasi D. Kelly May 8, 2006 to May 13, 202177
- Board memberCorbin A. McNeill Jr. May 8, 2006 to May 21, 201378
- Board memberDennis K. Williams May 8, 2006 to May 21, 201979
- Board memberGary F. Colter May 8, 2006 to May 15, 201780
- Board memberHelge H. Wehmeier May 8, 2006 to May 20, 201481
- Board memberJohn J. McMackin Jr. May 8, 2006 to May 15, 201882
- Board memberRobert J. Dineen May 8, 2006 to May 8, 200683
- General counselJames W. Baehren Feb 10, 2006 to Mar 9, 201684
Products and brands
- glass
Listed on Wikidata.1
Subsidiaries and ownership
Subsidiaries
- BSN Glasspack N.V.
- Le Parfait
Subsidiaries (Exhibit 21)
- ACI America Holdings Inc. Delaware7
- ACI Beijing Limited Hong Kong7
- ACI Guangdong Glass Company Limited China7
- ACI Guangdong Limited Hong Kong7
- ACI Shanghai Limited Hong Kong7
- ACI Ventures, Inc. Delaware7
- Atlantique Emballage France7
- Bolivian Investments, Inc. Delaware7
- Brockway Realty Corporation Pennsylvania7
- CMC S.A. Colombia7
- Continental PET Holdings Pty. Ltd. Australia7
- Cristaleria Peldar, S.A. Colombia7
- Cristaleria del Ecuador, S.A. Ecuador7
- Envases de Vidrio de las Americas, S. de R.L. de C.V. Mexico7
- Especialidades Operativas de America, S. de R.L. de C.V. Mexico7
- Fabrica de Vidrio Los Andes, C. A. Venezuela7
- Glass International OISPV, S.A.P.I. de C.V. Mexico7
- Glass to Glass Denver, LLC Delaware7
- Glassholdco S.A.S (fkaCristar S.A.S.) Colombia7
- Industria de Materias Primas S.A.S. Colombia7
- Maumee Air Associates Inc. Delaware7
- Mineracao Descalvado Ltda. Brazil7
- Mineracao Silminas Ltda. Brazil7
- NHW Auburn, LLC Delaware7
All 111 listed subsidiaries
- Nueva Fabrica Nacional de Vidrio, S. de R.L. de C.V. Mexico7
- O-I (Shanghai) Glass Container Co., Ltd. China7
- O-I (Shanghai) Management Co Ltd. China7
- O-I (Tianjin) Glass Container Co., Ltd. China7
- O-I (Zhaoqing) Glass Container Co., Ltd. China7
- O-I Americas LLC Delaware7
- O-I Bolivia Holdings Limited United Kingdom7
- O-I Business Service Center Sp. Z.o.o Poland7
- O-I Canada Corp. Canada7
- O-I Caribbean Sales & Distibution Inc. Delaware7
- O-I Czech Republic A.S. Czech Republic7
- O-I Distribution, SO France7
- O-I Ecuador LLC Ohio7
- O-I Estonia AS Estonia7
- O-I Europe SAS France7
- O-I Europe Sarl Switzerland7
- O-I France SAS France7
- O-I GMEC Lurin srl Peru7
- O-I Germany GmbH & Co. KG Germany7
- O-I Glass Limited United Kingdom7
- O-I Glasspack Beteiligungs & Verwaltungsgesellschaft GmbH Germany7
- O-I Glasspack Verwaltungs GmbH Germany7
- O-I Global Holdings C.V. Netherlands7
- O-I Global Holdings LLC Delaware7
- O-I Hungary Kft. Hungary7
- O-I Italy spa Italy7
- O-I Jaroslaw Machine Service Center Poland7
- O-I Latam HQ, Inc. Delaware7
- O-I Latam Services S.A.S Colombia7
- O-I Mexico Holdings I B.V. Netherlands7
- O-I Mexico Holdings II B.V. Netherlands7
- O-I Netherlands B.V. Netherlands7
- O-I New Mexico Holdings B.V. Netherlands7
- O-I Packaging Solutions LLC Delaware7
- O-I Poland S.A. Poland7
- O-I Sihui Glass Recycling Co. Ltd. China7
- OI Advisors, Inc. Delaware7
- OI Andover Group Inc. Delaware7
- OI Auburn Inc. Delaware7
- OI Australia Inc. Delaware7
- OI California Containers LLC Delaware7
- OI Canada Holdings B.V. Netherlands7
- OI Castalia STS Inc. Delaware7
- OI China LLC Delaware7
- OI European Group B.V. Netherlands7
- OI General FTS Inc. Delaware7
- OI General Finance Inc. Delaware7
- OI Hungary LLC Delaware7
- OI International Holdings Inc. Delaware7
- OI Levis Park STS Inc. Delaware7
- OI Puerto Rico STS Inc. Delaware7
- OI Securities, Inc. Delaware7
- OI Spanish Holdings B.V. Netherlands7
- OI Transfer, Inc. Delaware7
- OIB Produvisa Inc. Delaware7
- Owens America, S. de R.L. de C.V. Mexico7
- Owens Insurance, Ltd. Bermuda7
- Owens Vigusa, S. de R.L. de C.V. Mexico7
- Owens Vimosa, S. de R.L. de C.V. Mexico7
- Owens Viquesa, S. de R.L. de C.V. Mexico7
- Owens Virreyes, S. de R.L. de C.V. Mexico7
- Owens Vitolsa, S. de R.L. de C.V. Mexico7
- Owens-Brockway Glass Container Inc. Delaware7
- Owens-Brockway Packaging, Inc. Delaware7
- Owens-Illinois (HK) Limited Hong Kong7
- Owens-Illinois General Inc. Delaware7
- Owens-Illinois Group, Inc. Delaware7
- Owens-Illinois Holding (Australia) Pty Ltd Australia7
- Owens-Illinois Peru S. A. Peru7
- Owens-Illinois Services H.K. Limited Hong Kong7
- Owens-Illinois Singapore Pte. Ltd. Singapore7
- Owens-Illinois de Venezuela, C. A. Venezuela7
- Owens-Illinois do Brasil Industria e Comercio Ltda. Brazil7
- Paddock Enterprises, LLC Delaware7
- Prover SAS France7
- SCI Le Mourtis France7
- San Domenico Vetraria S.r.l. Italy7
- SeaGate II, Inc. Ohio7
- SeaGate III, Inc. Ohio7
- SeaGate, Inc. Ohio7
- Sovereign Air, LLC Texas7
- The Andover Group, Inc. Delaware7
- Universal Materials, Inc. Ohio7
- Veglarec B.V. Netherlands7
- Vidrieria Fenicia S.A.S. Colombia7
- Vidrieria Rovira, S. L. Spain7
- Vidrio Lux S.A. Bolivia7
From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Acquisitions
- 1935Acquired New England Glass Company1
- Succeeded Owens Bottle Machine Company1
- Succeeded Dominion Glass Company1
Former names
- OWENS ILLINOIS INC /DE/Jan 7, 1994 to Dec 19, 20196
Timeline
- Jul 28, 20268-K Results of operations85
- Jul 10, 20268-K Executive or director change86
- Jun 9, 20268-K Regulation FD disclosure87
- May 18, 20268-K Entered a material agreement; New debt or obligation88
- May 13, 20268-K Shareholder vote89
- May 4, 20268-K Regulation FD disclosure90
- Apr 28, 20268-K Results of operations91
- Mar 5, 20268-K Executive or director change92
- Feb 25, 20268-K Regulation FD disclosure93
- Feb 10, 20268-K Results of operations94
- Dec 2, 20258-K Regulation FD disclosure95
- Nov 10, 20258-K Executive or director change96
- May 17, 2024New chief executive Gordon Hardie becomes CEO18
- Mar 9, 2016New chief executive Andres Alberto Lopez becomes CEO19
- Dec 5, 2006New chief executive Albert P. L. Stroucken becomes CEO21
- Feb 10, 2006New chief executive Steven R. McCracken becomes CEO20
- Jan 3, 1994Went public Listed on NYSE1
- 1935Acquisition Acquired New England Glass Company1
- 1929Founded Founded in Toledo1
Calendar
Coming up
- Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.48 a share, on Nov 4, 2025.97
When it reported results
- Jul 28, 2026Reported quarterly or annual results85
- Apr 28, 2026Reported quarterly or annual results91
- Feb 10, 2026Reported quarterly or annual results94
- Nov 4, 2025Reported quarterly or annual results98
- Jul 29, 2025Reported quarterly or annual results99
- Apr 29, 2025Reported quarterly or annual results100
- Feb 4, 2025Reported quarterly or annual results101
- Oct 29, 2024Reported quarterly or annual results102
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
291 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 81 major events, 122 insider forms, 31 large holders, 37 other. The latest 20:
- Oct 8, 2026SCHEDULE 13G/A EDGAR
- Oct 1, 20264 EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Jul 29, 202610-Q EDGAR
- Jul 28, 20268-K EDGAR
- Jul 10, 20268-K EDGAR
- Jul 1, 20264 EDGAR
- Jun 23, 202611-K EDGAR
- Jun 23, 202611-K EDGAR
- Jun 9, 20268-K EDGAR
- May 19, 20264 EDGAR
- May 18, 2026SD EDGAR
- May 18, 20268-K EDGAR
- May 15, 20264 EDGAR
- May 15, 20264 EDGAR
- May 15, 20264 EDGAR
- May 15, 20264 EDGAR
- May 15, 20264 EDGAR
- May 15, 20264 EDGAR
The 291 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
17 open-market trades by officers, directors and large owners since October 2021: 11 buys and 6 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 15, 2026 | Chapin Samuel R.Director | Buy | 12,000 | $8.51 | $102.1K | Form 4 |
| May 14, 2026 | Restrepo EduardoSVP, Business Ops Americas | Buy | 3,309 | $8.99 | $29.7K | Form 4 |
| May 11, 2026 | Haudrich JohnSVP & Chief Financial Officer | Buy | 2,207 | $9.07 | $20.0K | Form 4 |
| May 11, 2026 | ABRAHAMS DARROW ASVP, GC & Corporate Secretary | Buy | 2,774 | $9.04 | $25.1K | Form 4 |
| May 8, 2026 | BURNS RANDOLPH LSVP, Chief Admin & Sus Officer | Buy | 11,000 | $9.32 | $102.5K | Form 4 |
| Aug 5, 2025 | Haudrich JohnSVP & Chief Financial Officer | Buy | 2,289 | $13.05 | $29.9K | Form 4 |
| Aug 5, 2025 | ABRAHAMS DARROW ASVP, GC & Corporate Secretary | Buy | 3,828 | $13.05 | $50.0K | Form 4 |
| Aug 5, 2025 | Hardie GordonPresident & CEO | Buy | 8,000 | $13.10 | $104.8K | Form 4 |
| May 8, 2025 | AUJOUANNET ARNAUDSVP & Chief Sales & Marketing | Sale | 28,763 | $13.00 | $373.9K | Form 4 |
| May 7, 2025 | AUJOUANNET ARNAUDSVP & Chief Sales & Marketing | Sale | 1,237 | $12.95 | $16.0K | Form 4 |
| Nov 4, 2024 | BURNS RANDOLPH LSVP, Chief Admin & Sus Officer | Buy | 13,000 | $11.38 | $147.9K | Form 4 |
| Aug 15, 2024 | Haudrich JohnSVP & Chief Financial Officer | Buy | 8,000 | $12.25 | $98.0K | Form 4 |
| Aug 6, 2024 | Humphrey JohnDirector | Buy | 15,000 | $11.30 | $169.5K | Form 4 |
| Jun 7, 2023 | Lopez Andres AlbertoPresident & CEO | Sale | 76,132 | $22.54 | $1.7M | Form 4 |
| Jun 6, 2023 | Lopez Andres AlbertoPresident & CEO | Sale | 59,174 | $22.02 | $1.3M | Form 4 |
| Feb 7, 2023 | AUJOUANNET ARNAUDSVP & Chief Sales & Marketing | Sale | 2,510 | $22.33 | $56.0K | Form 4 |
| Feb 7, 2023 | Torno VitalianoPresident, Bus Ops & OI Europe | Sale | 17,299 | $22.22 | $384.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 2 filings Jul 15, 2025 to Oct 8, 2026103
- AllianceBernsteinSCHEDULE 13G/A, 2 filings Aug 13, 2025 to Aug 14, 2026104
- COOPER CREEK PARTNERS MANAGEMENT LLCSCHEDULE 13G, 8 filings Nov 20, 2024 to Aug 14, 2026105
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 2026106
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026107
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 2026108
- FMR LLCSCHEDULE 13G/A, 7 filings Feb 9, 2022 to Feb 5, 2026109
- BlackRockSCHEDULE 13G/A, 5 filings Jan 25, 2022 to Apr 30, 2025110
- Russell Investments Group, Ltd.SC 13G/A, 1 filing Feb 14, 2022111
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 23,439,932 | $225.7M | 0.0% | +1,075,837 |
| Alliancebernstein L.P. | 9,613,720 | $101.0M | 0.0% | +692,255 |
| Vanguard Portfolio Management LLC | 10,407,703 | $100.2M | 0.0% | −269,636 |
| Dimensional Fund Advisors LP | 8,139,889 | $78.4M | 0.0% | −1,098,746 |
| Vanguard Capital Management LLC | 6,600,884 | $63.6M | 0.0% | −329,233 |
| State Street Corp | 6,273,570 | $60.4M | 0.0% | +288,058 |
| UBS Group AG | 4,574,114 | $44.0M | 0.0% | +2,430,362 |
| Arrowstreet Capital, Limited Partnership | 4,329,775 | $41.7M | 0.0% | +83,438 |
| Geode Capital Management, LLC | 4,085,631 | $39.4M | 0.0% | +231,145 |
| Bank Of America Corp /de/ | 3,472,046 | $33.4M | 0.0% | −91,451 |
| Segall Bryant & Hamill, LLC | 3,443,913 | $33.2M | 0.4% | +688,943 |
| Goldman Sachs Group Inc | 3,120,100 | $30.0M | 0.0% | −2,568,529 |
| Private Management Group Inc | 3,083,693 | $29.7M | 0.8% | +189,939 |
| Two Sigma Investments, LP | 2,969,672 | $28.6M | 0.0% | −428,385 |
| Covalis Capital LLP | 2,816,191 | $27.1M | 1.5% | +1,776,558 |
| MetLife Investment Management, LLC | 2,187,822 | $21.1M | 0.1% | +2,108,132 |
| Wellington Management Group Llp | 2,131,797 | $20.5M | 0.0% | +157,472 |
| Levin Capital Strategies, L.P. | 2,000,150 | $19.3M | 1.3% | +941,374 |
| Edmond De Rothschild Holding S.a. | 2,000,015 | $19.3M | 0.3% | +470,000 |
| Charles Schwab Investment Management Inc | 1,907,337 | $18.4M | 0.0% | −140,501 |
| Franklin Resources Inc | 1,788,155 | $17.2M | 0.0% | −512,804 |
| Luminus Management LLC | 1,776,150 | $17.1M | 11.7% | −946,019 |
| Northern Trust Corp | 1,753,489 | $16.9M | 0.0% | +183,983 |
| Morgan Stanley | 1,602,706 | $15.4M | 0.0% | −596,511 |
| Jpmorgan Chase & Co | 1,538,450 | $14.8M | 0.0% | +932,501 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Owens-Illinois is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARO-I Glass, Inc. /DE/2
- CIK0000812074
- Employer ID (EIN)22-278193317
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
- Incorporated inDelaware17
- Fiscal year endsDecember 312
- Industry code (SIC)3221 Glass Containers2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business addressOne Michael Owens Way, Perrysburg, OH 43551-29992
- Phone72482232582
- Shares outstanding153,659,747 as of Jun 30, 202613
- Public float$1.1B as of Jun 30, 202517
- AuditorErnst & Young LLP, Toledo, Ohio PCAOB ID 42; it also attests to the company’s internal control over financial reporting17
- On EDGAR sinceJan 7, 19942
- Filings1,722 in all: 4 (680), 8-K (335), SC 13G/A (113), 10-Q (98), 11-K (57), 3 (53), SC 13G (53), UPLOAD (36)2
All 40 form types
DEF 14A (33), 10-K (30), CORRESP (27), 5 (17), ARS (17), S-8 (17), 4/A (16), DEFA14A (14), S-8 POS (14), SCHEDULE 13G/A (13), SD (13), 424B3 (12), SC 13D/A (12), 8-K/A (11), 424B5 (8), SC 13D (6), 424B7 (5), SCHEDULE 13G (5), S-3 (4), 10-K405 (3), 144 (3), S-3/A (3), 25-NSE (2), 3/A (2), 305B2 (2), PRE 14A (2), 10-K/A (1), 15-12B (1), 8-A12B (1), 8-K12B (1), NT 10-Q (1), S-3ASR (1)
- Latest filingsAnnual report (10-K) Feb 12, 2026
Quarterly report (10-Q) Jul 29, 2026
Proxy statement (DEF 14A) Mar 31, 2026
Latest 8-K (8-K) Jul 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $.01 par value | OI | New York Stock Exchange |
From the cover page of the 10-K filed Feb 12, 2026 (Section 12(b) of the Exchange Act).17
Risk factors and legal proceedings
The risks Owens-Illinois names in Item 1A of its 10-K filed Feb 12, 2026: 30 risks under these headings, as written.17
- Risks Related to the Company’s Business and Industry
- Global Profitability Improvement Initiatives—The Company’s ability to achieve expected benefits from cost management, efficiency improvements, and profitability initiatives, such as its Fit to Win initiative, including expected impacts from production curtailments, reductions in force and furnace closures, could have a material adverse effect on operations and financial condition.
- Global Economic and Legal Environment—The global credit, financial, political, economic and legal environment could have a material adverse effect on operations and financial condition.
- Energy Costs or Availability—Higher energy costs worldwide and interrupted power supplies, including as a result of the current conflicts between Russia and Ukraine and Hamas and Israel and any escalation of these conflicts, may have a material adverse effect on the Company’s consolidated assets or operations.
- Competition—The Company faces intense competition from other glass container producers and makers of alternative forms of packaging, as well as consolidation among competitors. Competitive pressures could adversely affect the Company’s financial health.
- Lower Demand Levels—Changes in consumer preferences or customer inventory management practices could have a material adverse effect on the Company’s financial results.
- Customer Consolidation—The continuing consolidation of the Company’s customer base may intensify pricing pressures and have a material adverse effect on operations.
- Artificial Intelligence—Risks related to the development and deployment of artificial intelligence technologies in the Company’s business operations, information systems, products, services and features, could result in reputational harm, financial harm, regulatory action or legal liability, and any failure to adapt to such technological developments or industry trends could adversely affect the Company’s competitiveness.
- Improvements to Glass Melting Technology—The Company’s inability to improve new glass melting technology in a cost-effective manner and introduce productivity, process and network optimization actions may affect its ability to transition to lower-carbon processes and competitiveness.
- Supply Chain Disruptions—The Company’s capital expenditure plans have been, and may continue to be, affected by supply chain disruptions.
- Operational Disruptions—Profitability could be affected by unanticipated operational disruptions.
- Raw Materials—Profitability could be affected by the availability and cost of raw materials.
The other 19 risks
- Transportation—Profitability could be affected by the availability and cost of transportation for the Company’s products.
- Seasonality—Profitability could be affected by varied seasonal demands.
- Joint Ventures—Failure by joint venture partners to observe their obligations or commit additional capital could have a material adverse effect on operations.
- Labor—Some of the Company’s employees are unionized or represented by workers’ councils, and its business could be affected by labor shortages and labor cost increases.
- Business Integration Risks—The Company may not be able to effectively integrate additional businesses it acquires in the future.
- Goodwill—A significant write-down of goodwill would have a material adverse effect on the Company’s reported results of operations and net worth.
- Pension Funding—An increase in the underfunded status of the Company’s pension plans could adversely impact the Company’s operations, financial condition and liquidity.
- Risks Related to Information Technology, Cybersecurity and Data Privacy
- Information Technology—Failure or disruption of the Company’s information technology, or those of third parties, could have a material adverse effect on its business and results of operations.
- Cybersecurity and Data Privacy—Security incidents affecting the Company or critical third-party service providers could materially impact its business, reputation and results of operations by disrupting business operations or compromising critical and confidential information.
- Risks Related to the Company’s Indebtedness
- Substantial Leverage—The Company’s indebtedness could adversely affect the Company’s financial health.
- Ability to Service Debt—To service its indebtedness, the Company will require a significant amount of cash. The Company’s ability to generate cash and refinance certain indebtedness depends on many factors beyond its control.
- Debt Restrictions—The Company may not be able to finance future needs or adapt its business plans to changes because of restrictions placed on it by the secured credit agreement and the indentures and instruments governing other indebtedness.
- Risks Related to the Company’s International Operations
- International Operations—The Company is subject to risks associated with operating in foreign countries.
- Foreign Currency Exchange Rates—The Company is subject to the effects of fluctuations in foreign currency exchange rates, which could adversely impact the Company’s financial results.
- Risks Related to Legal and Regulatory Matters, Sustainability and Climate Change
- Taxes—Potential tax law and global trade policy changes could adversely affect net income and cash flow.
- Environmental Risks—The Company is subject to various environmental legal requirements and may be subject to new legal requirements in the future. These requirements may have a material adverse effect on operations.
- Glass Recycling, Deposit Return Systems, Extended Producer Responsibility and Recycled Content Requirements—The Company’s business and its ability to meet climate-change goals may be impacted by recycling and recycled-content laws and regulations.
- Climate Change and Air Emissions—The Company’s business, ability to meet climate-change goals, and transition to lower-carbon processes may be impacted by new, changed, or increased regulations or requirements relating to air emissions and the use of fossil fuels, or by the physical impacts of climate change.
- ESG Scrutiny—Increased environmental, social and governance (ESG) scrutiny and changing expectations from stakeholders may impose additional costs or additional risks.
Legal proceedings
SEC regulations require the Company to disclose certain information about environmental proceedings if the Company reasonably believes that such proceedings may result in monetary sanctions above a stated threshold. The Company uses a threshold of $1 million for purposes of determining whether disclosure of any such proceedings is required. Except as disclosed in Note 15 to the Consolidated Financial Statements, no such environmental proceedings were pending or contemplated as of December 31, 2025.
For further information on legal proceedings, see Note 15 to the Consolidated Financial Statements.
The opening of Item 3, Legal Proceedings.17
Links
- Websitewww.o-i.com1
- Facebookwww.facebook.com/OwensIllinois1
- Instagramwww.instagram.com/glassislife1
- YouTubewww.youtube.com/channel/UCCx9nfUFxfGljgwnfEyQ2og1
- WikipediaO-I Glass
- More imagesWikimedia Commons
- WikidataQ180106
- SEC EDGARCIK 812074
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataOwens-Illinois on Wikidata
- 2SEC EDGAROwens-Illinois filings on SEC EDGAR
- 3WikipediaOwens-Illinois on Wikipedia
- 4
- 5Wikimedia CommonsOwens-Illinois logo by Owens-Illinois, Inc., Public domain
- 6SEC EDGAROwens-Illinois filings on SEC EDGAR
- 7
- 8SEC EDGAROwens-Illinois 10-K for fiscal 2025
- 9SEC EDGAROwens-Illinois 10-K for fiscal 2019
- 10SEC EDGAROwens-Illinois 10-K for fiscal 2020
- 11SEC EDGAROwens-Illinois 10-K for fiscal 2021
- 12SEC EDGAROwens-Illinois 10-K for fiscal 2022
- 13SEC EDGAROwens-Illinois 10-Q for fiscal 2025
- 14SEC EDGAROwens-Illinois 10-Q for fiscal 2025
- 15SEC EDGAROwens-Illinois 10-Q for fiscal 2026
- 16SEC EDGAROwens-Illinois 10-K for fiscal 2019
- 17
- 18
- 19
- 20
- 21
- 22SEC EDGARMiguel Alvarez, President
- 23SEC EDGARVitaliano Torno, President
- 24SEC EDGARSergio B.o. Galindo, President
- 25SEC EDGARAndres Alberto Lopez, President
- 26
- 27SEC EDGARJan Bertsch, Chief financial officer
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46SEC EDGARMichael Paparone, Vice President
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59SEC EDGARY. Garza Eugenio Garza, Board member
- 60SEC EDGARCheri M. Phyfer, Board member
- 61SEC EDGAREric J. Foss, Board member
- 62SEC EDGARCatherine I. Slater, Board member
- 63SEC EDGARSamuel R. Chapin, Board member
- 64SEC EDGARJohn Walker, Board member
- 65SEC EDGARJohn Humphrey, Board member
- 66SEC EDGARJoe Rupp, Board member
- 67SEC EDGARJoseph J. Deangelo, Board member
- 68SEC EDGARGordon Hardie, Board member
- 69SEC EDGARMurray J. Alan, Board member
- 70SEC EDGARCarol A. Williams, Board member
- 71SEC EDGARHari N. Nair, Board member
- 72SEC EDGARJay L. Geldmacher, Board member
- 73SEC EDGARDavid Hing-Yuen Ho, Board member
- 74SEC EDGARPeter S. Hellman, Board member
- 75SEC EDGARHugh H. Roberts, Board member
- 76SEC EDGARAlbert P. L. Stroucken, Board member
- 77SEC EDGARAnastasi D. Kelly, Board member
- 78SEC EDGARCorbin A. McNeill Jr., Board member
- 79SEC EDGARDennis K. Williams, Board member
- 80SEC EDGARGary F. Colter, Board member
- 81SEC EDGARHelge H. Wehmeier, Board member
- 82SEC EDGARJohn J. McMackin Jr., Board member
- 83SEC EDGARRobert J. Dineen, Board member
- 84SEC EDGARJames W. Baehren, General counsel
- 85SEC EDGARResults of operations
- 86SEC EDGARExecutive or director change
- 87SEC EDGARRegulation FD disclosure
- 88
- 89SEC EDGARShareholder vote
- 90SEC EDGARRegulation FD disclosure
- 91SEC EDGARResults of operations
- 92SEC EDGARExecutive or director change
- 93SEC EDGARRegulation FD disclosure
- 94SEC EDGARResults of operations
- 95SEC EDGARRegulation FD disclosure
- 96SEC EDGARExecutive or director change
- 97NasdaqNasdaq calendar
- 98
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111