OI vs. LZB
OI (O-I Glass, Inc.) and LZB (La-Z-Boy Incorporated) are both stocks. Both are in the Consumer Cyclical sector — OI in Packaging & Containers, LZB in Furnishings, Fixtures & Appliances. Over the past 10 years, OI returned -5.91%/yr vs 6.37%/yr for LZB. At a 0.31 correlation, their price movements are largely independent.
Performance
OI vs. LZB - Performance Comparison
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Returns By Period
In the year-to-date period, OI achieves a -35.16% return, which is significantly lower than LZB's 13.79% return. Over the past 10 years, OI has underperformed LZB with an annualized return of -5.91%, while LZB has yielded a comparatively higher 6.37% annualized return.
OI
- 1D
- 5.28%
- 1M
- 8.38%
- YTD
- -35.16%
- 6M
- -36.07%
- 1Y
- -34.90%
- 3Y*
- -21.99%
- 5Y*
- -10.15%
- 10Y*
- -5.91%
LZB
- 1D
- 3.85%
- 1M
- 14.93%
- YTD
- 13.79%
- 6M
- 11.75%
- 1Y
- 12.57%
- 3Y*
- 17.66%
- 5Y*
- 4.41%
- 10Y*
- 6.37%
OI vs. LZB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | -35.16% | 36.16% | -33.82% | -1.15% | 37.74% | 1.09% | 0.16% | -29.69% | -22.24% | 27.34% |
LZB La-Z-Boy Incorporated | 13.79% | -12.49% | 20.43% | 65.68% | -35.50% | -7.35% | 27.93% | 15.50% | -9.75% | 2.15% |
Correlation
The correlation between OI and LZB is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 1991 | 0.31 |
The correlation between OI and LZB shifts across timeframes, from 0.31 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OI:
$1.46B
LZB:
$1.71B
OI:
-$0.96
LZB:
$2.47
OI:
0.23
LZB:
0.81
OI:
0.65
LZB:
1.63
OI:
$6.40B
LZB:
$2.13B
OI:
$1.03B
LZB:
$936.60M
OI:
$657.00M
LZB:
$235.28M
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Return for Risk
OI vs. LZB — Risk / Return Rank
OI
LZB
OI vs. LZB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for O-I Glass, Inc. (OI) and La-Z-Boy Incorporated (LZB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OI | LZB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.10 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 0.48 | -1.15 |
| Martin ratioReturn relative to average drawdown | -1.33 | 1.10 | -2.43 |
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Drawdowns
OI vs. LZB - Drawdown Comparison
The maximum OI drawdown since its inception was -94.73%, roughly equal to the maximum LZB drawdown of -97.65%. Use the drawdown chart below to compare losses from any high point for OI and LZB.
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Drawdown Indicators
| OI | LZB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -97.65% | +2.92% |
Max Drawdown (1Y)Largest decline over 1 year | -52.44% | -26.25% | -26.19% |
Max Drawdown (3Y)Largest decline over 3 years | -66.14% | -37.87% | -28.27% |
Max Drawdown (5Y)Largest decline over 5 years | -66.25% | -40.55% | -25.70% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -55.01% | -26.55% |
Current DrawdownCurrent decline from peak | -83.70% | -9.65% | -74.05% |
Average DrawdownAverage peak-to-trough decline | -53.24% | -27.19% | -26.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.31% | 11.49% | +14.82% |
Volatility
OI vs. LZB - Volatility Comparison
The current volatility for O-I Glass, Inc. (OI) is 14.29%, while La-Z-Boy Incorporated (LZB) has a volatility of 17.72%. This indicates that OI experiences smaller price fluctuations and is considered to be less risky than LZB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OI | LZB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.29% | 17.72% | -3.43% |
Volatility (6M)Calculated over the trailing 6-month period | 37.06% | 27.00% | +10.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.05% | 41.38% | +5.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.30% | 37.43% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.48% | 39.66% | +8.82% |
Dividends
OI vs. LZB - Dividend Comparison
OI has not paid dividends to shareholders, while LZB's dividend yield for the trailing twelve months is around 2.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LZB La-Z-Boy Incorporated | 2.26% | 2.42% | 1.88% | 2.02% | 2.96% | 1.69% | 0.88% | 1.68% | 1.77% | 1.44% | 1.32% | 1.39% |
OI O-I Glass, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.42% | 1.68% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OI vs. LZB - Financials Comparison
This section allows you to compare key financial metrics between O-I Glass, Inc. and La-Z-Boy Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OI vs. LZB - Profitability Comparison
OI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, O-I Glass, Inc. reported a gross profit of 199.00M and revenue of 1.54B. Therefore, the gross margin over that period was 12.9%.
LZB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, La-Z-Boy Incorporated reported a gross profit of 262.76M and revenue of 570.34M. Therefore, the gross margin over that period was 46.1%.
OI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, O-I Glass, Inc. reported an operating income of 91.00M and revenue of 1.54B, resulting in an operating margin of 5.9%.
LZB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, La-Z-Boy Incorporated reported an operating income of 41.23M and revenue of 570.34M, resulting in an operating margin of 7.2%.
OI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, O-I Glass, Inc. reported a net income of -35.00M and revenue of 1.54B, resulting in a net margin of -2.3%.
LZB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, La-Z-Boy Incorporated reported a net income of 33.27M and revenue of 570.34M, resulting in a net margin of 5.8%.
Frequently Asked Questions
OI and LZB have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LZB has higher volatility (17.72%) compared to OI (14.29%). In terms of maximum drawdown, OI dropped -94.73% vs LZB's -97.65%.
LZB currently has the higher Sharpe Ratio (0.31 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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