O-I Glass (STU:2WZ) Gross-Profit-to-Asset % : 13.36% (As of Mar. 2024)

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What is O-I Glass Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. O-I Glass's annualized Gross Profit for the quarter that ended in Mar. 2024 was €1,170 Mil. O-I Glass's average Total Assets over the quarter that ended in Mar. 2024 was €8,761 Mil. Therefore, O-I Glass's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.36%.

O-I Glass Gross-Profit-to-Asset % Historical Data

The historical data trend for O-I Glass's Gross-Profit-to-Asset % 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.

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O-I Glass Gross-Profit-to-Asset % Chart

O-I Glass Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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12.66

10.02

12.77

13.99

15.75

O-I Glass Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															20.84	17.11	14.93	9.42	13.36

Competitive Comparison of O-I Glass's Gross-Profit-to-Asset %

For the Packaging & Containers subindustry, O-I Glass's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where O-I Glass's Gross-Profit-to-Asset % falls into.

O-I Glass Gross-Profit-to-Asset % Calculation

O-I Glass's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1371.832	/	( (8553.584	+	8866.473)	/ 2 )
	=	1371.832	/	8710.0285
	=	15.75 %

O-I Glass's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1170.24	/	( (8866.473	+	8656.28)	/ 2 )
	=	1170.24	/	8761.3765
	=	13.36 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

O-I Glass Gross-Profit-to-Asset % Related Terms

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O-I Glass (STU:2WZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » O-I Glass Inc (STU:2WZ) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

AMBP PTVE GEF TRS MYE PACK KRT VKSC SEE TUP BALL AVY PKG AMCR WRK IP DUB:SK3 CCK TSX:CCL.A GPK

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 market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.

O-I Glass (STU:2WZ) Headlines

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