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AI brief of an SEC Form 8-K · O-I Glass (OI)

O-I Glass 2024 adjusted EPS fell to $0.81 on lower sales; 2025 guidance $1.20-$1.50

Mixed Impact 4 of 5 earnings Written later

O-I Glass reported 2024 net sales of $6.5 billion, down about 8 percent, and a net loss attributable to the company of $0.69 per share, compared with a $0.67 loss in 2023. Adjusted EPS was $0.81, down from $3.09, and the company guided 2025 adjusted EPS to $1.20 to $1.50 and free cash flow to $150 million to $200 million, but management said it remains cautious about the commercial outlook.

Key points

  • Full-year 2024 net sales were $6.5 billion, down from $7.1 billion; net loss attributable to the company was $106 million ($0.69 per share) versus $103 million ($0.67 per share) in 2023.
  • Adjusted EPS of $0.81 in 2024 slightly exceeded guidance of $0.70 to $0.80, compared with $3.09 in 2023.
  • Fourth-quarter 2024 net loss was $1.00 per share, versus $3.05 per share a year earlier; adjusted results were a loss of $0.05 per share.
  • 2025 guidance calls for adjusted EPS of $1.20 to $1.50 and free cash flow of $150 million to $200 million, compared with a $128 million use of cash in 2024.

The filing

CompanyO-I Glass (OI)
Form8-K, current report
Filed with the SECFeb 4, 2025, 4:30 PM ET
Accession number0001104659-25-009139

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.