O-I Glass, Inc. /DE/ Earnings Per Share Disclosure
19. Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
| 2025 | | 2024 | | 2023 |
| ||||
Numerator: | ||||||||||
Net loss attributable to the Company | $ | (129) | $ | (106) | $ | (103) | ||||
Denominator (in thousands): | ||||||||||
Denominator for basic earnings per share-weighted average shares outstanding |
| 153,552 |
| 154,552 |
| 154,651 | ||||
Effect of dilutive securities: | ||||||||||
Stock options and other |
|
|
| |||||||
Denominator for diluted earnings per share-adjusted weighted average shares outstanding |
| 153,552 |
| 154,552 |
| 154,651 | ||||
Basic earnings per share: | ||||||||||
Net loss | $ | (0.84) | $ | (0.69) | $ | (0.67) | ||||
Diluted earnings per share: | ||||||||||
Net loss | $ | (0.84) | $ | (0.69) | $ | (0.67) | ||||
The diluted earnings per share computation for the years ended December 31, 2025, 2024, and 2023 excludes 270,763, 895,697, and 423,477 weighted average shares of common stock, respectively, due to their antidilutive effect, which includes options, unvested restricted stock units and performance vested restricted share units. For the years ended December 31, 2025, 2024, and 2023, diluted earnings per share of common stock was equal to basic earnings per share of common stock due to the net loss attributable to the Company.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 12, 2026 | Showing above |
| 2024 | Feb 12, 2025 | |
| 2023 | Feb 14, 2024 | |
| 2022 | Feb 8, 2023 | |
| 2021 | Feb 9, 2022 | |
| 2020 | Feb 16, 2021 | |
| 2019 | Feb 21, 2020 | |
| 2018 | Feb 14, 2019 | |
| 2017 | Feb 14, 2018 | |
| 2016 | Feb 10, 2017 | |
| 2015 | Feb 16, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.