NYSE : SON
Sonoco Products Company — Financial statements
Consumer Discretionary · Packaging & Containers · United States
Last price 50.2 USD (Oct 30, 2026, 9:45 AM EDT) · Market cap 4.96B
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Financial statements
Sonoco Products Company (SON) reported revenue of 7.37B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 7.37B | 7.52B | 5.31B | 5.44B | 5.86B | 5.59B |
| Cost of Revenue | 5.88B | 5.93B | 4.16B | 4.23B | 4.60B | 4.53B |
| Gross Profit | 1.49B | 1.59B | 1.15B | 1.21B | 1.26B | 1.06B |
| Selling, General & Admin | 779.66M | 822.50M | 620.71M | 620.31M | 556.50M | 1.08B |
| Research & Development | 21.50M | 21.50M | 23.00M | 23.90M | 23.10M | 24.10M |
| Operating Expenses | 801.16M | 844.00M | 643.71M | 644.21M | 579.60M | 1.11B |
| Operating Income | 688.12M | 747.47M | 501.33M | 563.59M | 678.88M | -46.96M |
| Interest Expense | -188.49M | -233.49M | -172.62M | -135.39M | -100.88M | -63.99M |
| Interest & Investment Income | 22.38M | 20.55M | 27.57M | 10.03M | 4.53M | 4.76M |
| Earnings From Equity Investments | 7.95M | 9.52M | 9.59M | 10.35M | 14.21M | 10.84M |
| Currency Exchange Gain (Loss) | 6.05M | 6.68M | -8.17M | -2.03M | ||
| Other Non Operating Income (Expenses) | -33.63M | -27.48M | 9.50M | |||
| EBT Excluding Unusual Items | 502.38M | 523.25M | 357.70M | 456.04M | 596.74M | -95.36M |
| Merger & Restructuring Charges | -56.09M | -120.35M | -270.67M | -79.62M | -112.50M | -26.90M |
| Impairment of Goodwill | -828.88M | |||||
| Gain (Loss) on Sale of Investments | 9.50M | 44.03M | ||||
| Gain (Loss) on Sale of Assets | 381.79M | 371.72M | -23.45M | 78.93M | -2.67M | |
| Asset Writedown | -10.10M | -5.03M | ||||
| Other Unusual Items | -20.18M | |||||
| Pretax Income | -792.00K | 774.62M | 73.07M | 499.37M | 474.14M | -150.14M |
| Income Tax Expense | 208.42M | 183.59M | 5.51M | 119.73M | 95.73M | -67.43M |
| Earnings From Continuing Operations | -209.21M | 591.04M | 67.56M | 379.64M | 378.41M | -82.71M |
| Earnings From Discontinued Operations | -17.37M | 412.35M | 96.20M | 96.08M | 88.31M | |
| Net Income to Company | -226.59M | 1.00B | 163.77M | 475.73M | 466.72M | -82.71M |
| Minority Interest in Earnings | -781.00K | -375.00K | 180.00K | -768.00K | -284.00K | -2.77M |
| Net Income | -227.37M | 1.00B | 163.95M | 474.96M | 466.44M | -85.48M |
| Net Income to Common | -227.37M | 1.00B | 163.95M | 474.96M | 466.44M | -85.48M |
| Shares Outstanding (Basic) | 99.37M | 99.12M | 98.64M | 98.29M | 97.99M | 99.61M |
| Shares Outstanding (Diluted) | 99.37M | 99.57M | 99.29M | 98.89M | 98.73M | 99.61M |
| EPS (Basic) | -2.29 | 10.12 | 1.66 | 4.83 | 4.76 | -0.86 |
| EPS (Diluted) | -2.29 | 10.07 | 1.65 | 4.80 | 4.72 | -0.86 |
| Free Cash Flow | 351.16M | 345.76M | 440.61M | 519.84M | 180.28M | 42.65M |
| Free Cash Flow Per Share | 3.53 | 3.47 | 4.44 | 5.26 | 1.83 | 0.43 |
| Dividend Per Share | 2.14 | 2.11 | 2.07 | 2.02 | 1.92 | 1.80 |
| Gross Margin | 20.20% | 21.17% | 21.58% | 22.20% | 21.48% | 19.00% |
| Operating Margin | 9.34% | 9.94% | 9.45% | 10.36% | 11.59% | -0.84% |
| Profit Margin | -3.08% | 13.34% | 3.09% | 8.73% | 7.96% | -1.53% |
| Free Cash Flow Margin | 4.76% | 4.60% | 8.30% | 9.55% | 3.08% | 0.76% |
| EBITDA | 1.22B | 1.27B | 876.18M | 904.57M | 987.70M | 198.22M |
| EBITDA Margin | 16.49% | 16.85% | 16.52% | 16.62% | 16.86% | 3.55% |
| D&A For EBITDA | 527.72M | 519.36M | 374.86M | 340.99M | 308.82M | 245.18M |
| EBIT | 688.12M | 747.47M | 501.33M | 563.59M | 678.88M | -46.96M |
| EBIT Margin | 9.34% | 9.94% | 9.45% | 10.36% | 11.59% | -0.84% |
| Effective Tax Rate | 23.70% | 7.54% | 23.98% | 20.19% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 183.10M | 378.40M | 431.01M | 138.90M | 227.44M | 170.98M |
| Cash & Short-Term Investments | 183.10M | 378.40M | 431.01M | 138.90M | 227.44M | 170.98M |
| Accounts Receivable | 1.19B | 920.79M | 974.59M | 701.03M | 918.72M | 806.72M |
| Other Receivables | 83.60M | 100.78M | 108.81M | 43.21M | 43.48M | 44.84M |
| Receivables | 1.27B | 1.02B | 1.08B | 744.25M | 962.20M | 851.55M |
| Inventory | 1.20B | 1.12B | 1.02B | 603.65M | 1.10B | 562.11M |
| Prepaid Expenses | 149.66M | 125.35M | 197.13M | 103.96M | 76.05M | 74.03M |
| Other Current Assets | 450.87M | 459.62M | ||||
| Total Current Assets | 2.81B | 2.65B | 3.18B | 2.05B | 2.36B | 1.66B |
| Property, Plant & Equipment | 3.01B | 3.15B | 3.10B | 1.98B | 2.11B | 1.62B |
| Long-Term Investments | 21.21M | 70.86M | 67.80M | 56.40M | 59.17M | 54.36M |
| Goodwill | 1.65B | 2.51B | 2.53B | 1.30B | 1.68B | 1.32B |
| Other Intangible Assets | 2.49B | 2.68B | 2.59B | 726.56M | 741.60M | 278.14M |
| Long-Term Deferred Tax Assets | 69.66M | 54.45M | 17.37M | 30.62M | 29.88M | 25.82M |
| Other Long-Term Assets | 89.97M | 41.31M | 1.03B | 1.05B | 75.08M | 110.02M |
| Total Assets | 10.13B | 11.16B | 12.51B | 7.19B | 7.05B | 5.07B |
| Accounts Payable | 1.15B | 1.08B | 1.13B | 537.88M | 818.88M | 721.31M |
| Accrued Expenses | 459.36M | 542.03M | 457.38M | 250.47M | 296.57M | 293.95M |
| Short-Term Debt | 164.00M | 1.49B | 399.25M | 349.00M | ||
| Current Portion of Long-Term Debt | 333.18M | 526.34M | 538.67M | 21.67M | 84.18M | 56.16M |
| Current Portion of Leases | 67.18M | 65.59M | 74.93M | 61.55M | 71.32M | 52.26M |
| Current Income Taxes Payable | 69.22M | 128.82M | 6.75M | 10.86M | 16.91M | 11.54M |
| Current Unearned Revenue | 55.42M | 58.78M | 60.02M | 15.25M | 22.42M | 18.99M |
| Other Current Liabilities | 83.55M | 122.96M | 276.46M | 267.61M | 34.37M | 22.55M |
| Total Current Liabilities | 2.38B | 2.53B | 4.04B | 1.17B | 1.74B | 1.53B |
| Long-Term Debt | 3.74B | 3.75B | 4.94B | 2.94B | 2.64B | 1.15B |
| Long-Term Leases | 303.66M | 305.12M | 304.08M | 248.04M | 334.90M | 287.50M |
| Pension & Post-Retirement Benefits | 166.12M | 177.98M | 180.83M | 142.78M | 120.08M | 158.26M |
| Long-Term Deferred Tax Liabilities | 535.41M | 557.03M | 583.47M | 93.85M | 107.29M | 70.48M |
| Other Long-Term Liabilities | 185.67M | 214.65M | 174.76M | 167.50M | 38.09M | 35.91M |
| Total Liabilities | 7.32B | 7.53B | 10.22B | 4.76B | 4.98B | 3.22B |
| Common Stock | 7.17M | 7.17M | 7.17M | 7.17M | 7.17M | 7.17M |
| Additional Paid-In Capital | 199.85M | 191.85M | 183.25M | 159.05M | 140.54M | 119.69M |
| Retained Earnings | 2.66B | 3.38B | 2.58B | 2.62B | 2.35B | 2.07B |
| Comprehensive Income & Other | -63.16M | 37.20M | -502.73M | -366.26M | -430.08M | -359.43M |
| Total Common Equity | 2.80B | 3.61B | 2.27B | 2.42B | 2.07B | 1.84B |
| Minority Interest | 17.55M | 17.95M | 14.60M | 7.50M | 6.98M | 12.10M |
| Shareholders' Equity | 2.82B | 3.63B | 2.29B | 2.43B | 2.07B | 1.85B |
| Total Liabilities & Equity | 10.13B | 11.16B | 12.51B | 7.19B | 7.05B | 5.07B |
| Total Debt | 4.61B | 4.64B | 7.35B | 3.27B | 3.53B | 1.89B |
| Net Cash (Debt) | -4.43B | -4.27B | -6.92B | -3.14B | -3.30B | -1.72B |
| Net Cash Per Share | -44.55 | -42.84 | -69.70 | -31.70 | -33.40 | -17.26 |
| Filing Date Shares Outstanding | 98.88M | 98.64M | 98.31M | 98.13M | 97.78M | 97.45M |
| Total Common Shares Outstanding | 98.88M | 98.63M | 98.26M | 97.96M | 97.64M | 97.37M |
| Working Capital | 424.95M | 117.65M | -859.73M | 885.09M | 617.35M | 132.91M |
| Book Value Per Share | 28.34 | 36.64 | 23.12 | 24.75 | 21.16 | 18.87 |
| Tangible Book Value | -1.33B | -1.58B | -2.84B | 399.77M | -351.10M | 234.80M |
| Tangible Book Value Per Share | -13.46 | -16.03 | -28.91 | 4.08 | -3.60 | 2.41 |
| Land | 324.63M | 314.28M | 123.44M | 131.36M | 112.71M | |
| Buildings | 1.05B | 967.24M | 660.00M | 664.01M | 550.50M | |
| Machinery | 4.02B | 3.73B | 3.24B | 3.53B | 3.18B | |
| Construction In Progress | 282.95M | 337.80M | 225.66M | 226.70M | 237.06M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -227.37M | 1.00B | 163.95M | 474.96M | 466.44M | -85.48M |
| Depreciation & Amortization | 527.72M | 519.36M | 374.86M | 340.99M | 308.82M | 245.18M |
| Loss (Gain) From Sale of Assets | -387.67M | -1.00B | 23.40M | -123.05M | -5.98M | 2.68M |
| Asset Writedown & Restructuring Costs | 843.51M | 12.53M | 17.03M | 26.45M | 21.44M | -4.08M |
| Loss (Gain) From Sale of Investments | -6.01M | |||||
| Loss (Gain) on Equity Investments | -7.95M | -9.52M | -9.59M | -10.35M | -14.21M | -10.84M |
| Stock-Based Compensation | 15.65M | 18.04M | 29.66M | 27.78M | 31.31M | 22.61M |
| Other Operating Activities | 24.73M | -2.00M | 67.74M | 920.00K | -27.14M | 304.74M |
| Change in Accounts Receivable | -46.47M | 97.89M | 17.76M | 24.93M | -2.47M | -149.75M |
| Change in Inventory | -72.88M | -80.90M | -13.27M | 342.71M | -353.48M | -130.12M |
| Change in Accounts Payable | 43.72M | -87.55M | 123.61M | -148.84M | 27.23M | 172.43M |
| Change in Income Taxes | -123.94M | 125.98M | -11.27M | -28.29M | 5.50M | -42.20M |
| Change in Other Net Operating Assets | 41.40M | 93.92M | 55.97M | -45.30M | 51.58M | -26.49M |
| Operating Cash Flow | 630.43M | 689.78M | 833.85M | 882.92M | 509.05M | 298.67M |
| Capital Expenditures | -279.28M | -344.02M | -393.24M | -363.08M | -328.77M | -256.02M |
| Sale of Property, Plant & Equipment | 55.57M | 46.97M | 15.65M | 80.34M | 9.62M | 13.17M |
| Cash Acquisitions | 16.53M | -3.79B | -372.62M | -1.43B | -22.21M | |
| Divestitures | 642.17M | 2.47B | 81.00M | 33.24M | 91.57M | |
| Investment in Securities | 9.88M | 6.47M | -24.44M | 2.78M | 4.73M | 578.00K |
| Other Investing Activities | 9.07M | 7.01M | ||||
| Investing Cash Flow | 428.34M | 2.20B | -4.11B | -619.34M | -1.74B | -165.90M |
| Short-Term Debt Issued | 6.41M | 355.97M | ||||
| Long-Term Debt Issued | 66.71M | 4.06B | 962.56M | 2.15B | 172.04M | |
| Total Debt Issued | 436.22M | 66.71M | 4.06B | 968.97M | 2.15B | 528.02M |
| Short-Term Debt Repaid | -3.71M | -8.68M | -367.53M | |||
| Long-Term Debt Repaid | -2.83B | -151.53M | -1.11B | -285.51M | -628.12M | |
| Total Debt Repaid | -1.32B | -2.83B | -160.21M | -1.11B | -653.04M | -628.12M |
| Net Debt Issued (Repaid) | -882.15M | -2.77B | 3.90B | -143.95M | 1.50B | -100.10M |
| Repurchase of Common Stock | -7.54M | -10.93M | -9.25M | -10.62M | -4.55M | -218.09M |
| Common Dividends Paid | -211.52M | -208.11M | -203.49M | -197.42M | -187.09M | -178.62M |
| Other Financing Activities | -3.69M | -243.00K | -19.95M | -14.47M | -16.73M | |
| Financing Cash Flow | -1.10B | -2.99B | 3.67B | -351.99M | 1.29B | -513.54M |
| Foreign Exchange Rate Adjustments | -16.64M | 36.43M | -105.62M | 12.90M | -5.35M | -13.10M |
| Net Cash Flow | -62.77M | -64.66M | 291.12M | -75.50M | 56.46M | -393.87M |
| Free Cash Flow | 351.16M | 345.76M | 440.61M | 519.84M | 180.28M | 42.65M |
| Free Cash Flow Margin | 4.76% | 4.60% | 8.30% | 9.55% | 3.08% | 0.76% |
| Free Cash Flow Per Share | 3.53 | 3.47 | 4.44 | 5.26 | 1.83 | 0.43 |
| Levered Free Cash Flow | 682.80M | 999.87M | 229.70M | 388.57M | -152.70M | -214.93M |
| Unlevered Free Cash Flow | 800.60M | 1.15B | 337.59M | 473.19M | -89.65M | -174.93M |
| Cash Interest Paid | 260.53M | 260.53M | 151.18M | 135.91M | 88.21M | 68.19M |
| Cash Income Tax Paid | 264.90M | 264.90M | 92.43M | 189.77M | 122.88M | 133.61M |
| Change in Working Capital | -158.18M | 149.34M | 172.81M | 145.22M | -271.64M | -176.14M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.94B | 4.30B | 4.80B | 5.47B | 5.92B | 5.69B |
| Enterprise Value | 9.37B | 9.53B | 8.00B | 8.79B | 9.19B | 7.29B |
| Last Close Price | 49.96 | 42.39 | 45.24 | 49.77 | 52.23 | 48.23 |
| PE Ratio | 4.29 | 29.28 | 11.52 | 12.69 | ||
| Forward PE | 8.90 | 7.40 | 8.33 | 10.74 | 10.28 | 15.19 |
| PS Ratio | 0.67 | 0.57 | 0.91 | 1.01 | 1.01 | 1.02 |
| PB Ratio | 1.76 | 1.19 | 2.10 | 2.25 | 2.86 | 3.08 |
| P/TBV Ratio | 13.69 | 24.24 | ||||
| P/FCF Ratio | 14.07 | 12.45 | 10.89 | 10.53 | 32.84 | 133.45 |
| P/OCF Ratio | 7.84 | 6.24 | 5.76 | 6.20 | 11.63 | 19.06 |
| PEG Ratio | 2.38 | 0.77 | 2.52 | 2.69 | 0.94 | 2.87 |
| EV/Sales Ratio | 1.27 | 1.27 | 1.51 | 1.62 | 1.57 | 1.30 |
| EV/EBITDA Ratio | 7.70 | 7.52 | 9.13 | 9.72 | 9.30 | 36.79 |
| EV/EBIT Ratio | 13.61 | 12.75 | 15.96 | 15.60 | 13.53 | |
| EV/FCF Ratio | 26.67 | 27.56 | 18.16 | 16.92 | 50.96 | 170.97 |
| Debt / Equity Ratio | 1.64 | 1.28 | 3.22 | 1.35 | 1.70 | 1.02 |
| Debt / EBITDA Ratio | 3.48 | 3.37 | 7.68 | 3.34 | 3.36 | 6.94 |
| Debt / FCF Ratio | 13.13 | 13.43 | 16.68 | 6.30 | 19.56 | 44.33 |
| Net Debt / Equity Ratio | 1.57 | 1.18 | 3.03 | 1.29 | 1.59 | 0.93 |
| Net Debt / EBITDA Ratio | 3.64 | 3.37 | 7.90 | 3.47 | 3.34 | 8.68 |
| Net Debt / FCF Ratio | 12.61 | 12.34 | 15.71 | 6.03 | 18.29 | 40.32 |
| Asset Turnover | 0.68 | 0.64 | 0.54 | 0.76 | 0.97 | 1.08 |
| Inventory Turnover | 4.97 | 5.55 | 5.14 | 4.98 | 5.55 | 8.94 |
| Quick Ratio | 0.61 | 0.55 | 0.38 | 0.76 | 0.68 | 0.67 |
| Current Ratio | 1.18 | 1.05 | 0.79 | 1.76 | 1.35 | 1.09 |
| Return on Equity (ROE) | -6.82% | 19.97% | 2.86% | 16.86% | 19.30% | -4.40% |
| Return on Assets (ROA) | 3.94% | 3.95% | 3.18% | 4.95% | 7.00% | -0.57% |
| Return on Invested Capital (ROIC) | 8.91% | 6.67% | 6.28% | 7.83% | 12.12% | -1.36% |
| Return on Capital Employed (ROCE) | 8.90% | 8.70% | 5.90% | 9.40% | 12.80% | -1.30% |
| Earnings Yield | -4.58% | 23.30% | 3.42% | 8.68% | 7.88% | -1.50% |
| FCF Yield | 7.11% | 8.03% | 9.18% | 9.50% | 3.04% | 0.75% |
| Dividend Yield | 4.32% | 4.83% | 4.24% | 3.62% | 3.17% | 3.08% |
| Payout Ratio | 20.75% | 124.12% | 41.57% | 40.11% | ||
| Buyback Yield / Dilution | 0.14% | -0.28% | -0.40% | -0.16% | 0.88% | 1.58% |
| Total Shareholder Return | 4.46% | 4.55% | 3.83% | 3.46% | 4.05% | 4.66% |