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O-I GlassMEX:OI 44 Debt-to-Equity is 13.02 as of Jun. 2026, which is 120% above its 10-year median of 5.92. GuruFocus rates MEX:OI with a GF Score™ of 44/100 and a GF Value™ of MXN274.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 364 Packaging & Containers companies, O-I Glass ranks worse than 99.18% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for O-I Glass's Debt-to-Equity or its related term are showing as below:
MEX:OI'
s Debt-to-Equity Range Over the Past 10 Years
Min: -376.35 Med: 5.92 Max: 34.28
Current: 13.02
During the past 13 years, the highest Debt-to-Equity Ratio of O-I Glass was 34.28. The lowest was -376.35. And the median was 5.92.
MEX:OI's Debt-to-Equity is ranked worse than 99.18% of 364
companies
in the Packaging & Containers industry
Industry Median: 0.43
vs MEX:OI: 13.02
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
O-I Glass Debt-to-Equity Related Terms
O-I Glass Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for O-I Glass's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:OI vs TRS, MYE, KRT: Debt-to-Equity Comparison
For the Packaging & Containers subindustry, O-I Glass's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
O-I Glass Debt-to-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where O-I Glass's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
O-I Glass (MEX:OI) has a Debt-to-Equity of 13.02 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on O-I Glass and its competitors. This is 120% above median its historical median of 5.92. According to the industry distribution chart, O-I Glass ranks #361 out of 364 companies in the Packaging & Containers industry, placing it in the top 99.2%.
Is O-I Glass' Debt-to-Equity too high?
O-I Glass' current Debt-to-Equity of 13.02 is 120% above median its 10-year median of 5.92. The Packaging & Containers industry median Debt-to-Equity is 0.43. O-I Glass' value of 13.02 is 2927.9% above this industry median. Based on the distribution chart, O-I Glass ranks #361 out of 364 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, O-I Glass has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does O-I Glass' Debt-to-Equity compare to TRS and MYE?
According to the Packaging & Containers industry distribution chart, O-I Glass ranks #361 out of 364 companies for Debt-to-Equity. This places O-I Glass in the lower half of its industry. The industry median Debt-to-Equity is 0.43. O-I Glass' value of 13.02 is 2927.9% above this benchmark. While the company's 10-year median is 5.92 vs. the industry median of 0.43, O-I Glass has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. O-I Glass's current Debt-to-Equity of 13.02 is 2927.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on O-I Glass and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. O-I Glass's current Debt-to-Equity is 13.02, which is 120% above median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-I Glass stock overvalued right now?
Based on GuruFocus' analysis, O-I Glass (MEX:OI) is currently considered Possible Value Trap. The stock's GF Value™ is MXN274.38, compared to a current price of MXN155.00 — trading 43.5% below its estimated fair value. The current Debt-to-Equity is 13.02, which is 120% above median its 10-year median of 5.92 and 2927.9% above the Packaging & Containers industry median of 0.43. O-I Glass' overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For O-I Glass (MEX:OI), the current Debt-to-Equity is 13.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is O-I Glass (MEX:OI) Overvalued in 2026?
Based on GuruFocus' analysis, O-I Glass stock appears to be undervalued.
The current stock price of MXN155.00 is trading 43.5% below its estimated GF Value™ of MXN274.38.
GuruFocus considers O-I Glass to be Possible Value Trap.
Key valuation signals for MEX:OI:
Debt-to-Equity: 13.02 (120% above median its 10-year median of 5.92)
GF Value™: MXN274.38 vs. price of MXN155.00 (43.5% below fair value)
Industry Position: 2927.9% above the Packaging & Containers median (#361 of 364)
No single metric tells the full story. See the MEX:OI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
O-I Glass is the manufacturer of glass containers. The Company has two reportable segments and two operating segments based on its geographic locations: Americas and Europe. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food.
44GF Score
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