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O-I Glass (FRA:2WZ) Tax Rate % : -19.20% (As of Dec. 2024)


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What is O-I Glass Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. O-I Glass's Tax Expense for the three months ended in Dec. 2024 was €23 Mil. O-I Glass's Pre-Tax Income for the three months ended in Dec. 2024 was €-119 Mil. Therefore, O-I Glass's Tax Rate % for the quarter that ended in Dec. 2024 was -19.20%.

O-I Glass Tax Rate % Historical Data

The historical data trend for O-I Glass's Tax Rate % 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.

* Premium members only.

O-I Glass Tax Rate % Chart

O-I Glass Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.21 50.30 22.11 226.87 331.58

O-I Glass Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.69 35.04 40.38 -33.33 -19.20

O-I Glass Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

O-I Glass's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=120.33/36.29
=331.58 %

O-I Glass's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=22.92/-119.375
=-19.20 %

* 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 Tax Rate % Related Terms

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O-I Glass Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » O-I Glass Inc (FRA:2WZ) » Definitions » Tax Rate %
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Traded in Other Exchanges
OI:USA 2WZ:Germany
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
Website
https://www.o-i.com
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a leading position in key markets such as Europe, North America, and Brazil. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.

O-I Glass Headlines

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