O-I Glass (MEX:OI) Tax Rate %: -16.69% (As of Jun. 2026)

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MEX:OI O-I Glass Inc MEX:OI
51 GF Score
Price MXN155.00
GF Value MXN204.36
Valuation Modestly Undervalued
! 4 Warning Signs
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What is O-I Glass Tax Rate %?

O-I Glass MEX:OI 51 Tax Rate % is -16.69% as of Jun. 2026. GuruFocus rates MEX:OI with a GF Score™ of 51/100 and a GF Value™ of MXN204.36 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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 Jun. 2026 was MXN2,408 Mil. O-I Glass's Pre-Tax Income for the three months ended in Jun. 2026 was MXN-14,430 Mil. Therefore, O-I Glass's Tax Rate % for the quarter that ended in Jun. 2026 was -16.69%.

O-I Glass Tax Rate % Related Terms

O-I Glass Tax Rate % Historical Data

* Premium members only.

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.

O-I Glass Tax Rate % Chart

O-I Glass Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.30 22.11 226.87 331.58 -110.20

O-I Glass Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 85.71 36.21 2.27 -33.96 -16.69
MEX:OI
51GF Score
O-I Glass Inc MEX:OI
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=972.308/-882.279
=-110.20 %

O-I Glass's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=2407.962/-14430.323
=-16.69 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -16.69% mean?
O-I Glass (MEX:OI) has a Tax Rate % of -16.69% as of Jun. 2026.
Is O-I Glass' Tax Rate % too high?
O-I Glass' current Tax Rate % is -16.69%. Overall, O-I Glass has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does O-I Glass' Tax Rate % compare to TRS and MYE?
O-I Glass' Tax Rate % of -16.69% can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Packaging & Containers company?
A good Tax Rate % depends on the Packaging & Containers industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. O-I Glass's current Tax Rate % is -16.69%. 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 Modestly Undervalued. The stock's GF Value™ is MXN204.36, compared to a current price of MXN155.00 — trading 24.2% below its estimated fair value. The current Tax Rate % is -16.69%. O-I Glass' overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For O-I Glass (MEX:OI), the current Tax Rate % is -16.69% 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 24.2% below its estimated GF Value™ of MXN204.36. GuruFocus considers O-I Glass to be Modestly Undervalued.

Key valuation signals for MEX:OI:

  • Tax Rate %: -16.69%
  • GF Value™: MXN204.36 vs. price of MXN155.00 (24.2% below fair value)
  • GF Score™: 51/100 with 4 warning signs

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 Business Description

Other Exchanges OI:USA2WZ:Germany
Address One Michael Owens Way, Perrysburg, OH, USA, 43551
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.
51GF Score

Get the complete analysis for MEX:OI

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN155.00
Price
MXN204.36
GF Value