See more : Kai Yuan Holdings Limited (1215.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Sonoco Products Company (SON) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Sonoco Products Company, a leading company in the Packaging & Containers industry within the Consumer Cyclical sector.
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Sonoco Products Company (SON)
About Sonoco Products Company
Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment round and shaped rigid paper containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. The Industrial Paper Packaging segment provides fiber-based tubes, cones, and cores; fiber-based construction tubes; fiber-based protective packaging and components; wooden, metal, and composite wire and cable, as well as reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. Sonoco Products Company offers thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools, and parts; retail security packaging, including printed backer cards, thermoformed blisters, and heat-sealing equipment; and paper amenities. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.78B | 7.25B | 5.59B | 5.24B | 5.37B | 5.39B | 5.04B | 4.78B | 4.96B | 5.01B | 4.85B | 4.79B | 4.50B | 4.12B | 3.60B | 4.12B | 4.04B | 3.66B | 3.53B | 3.16B | 2.76B | 2.81B | 2.61B | 2.71B | 2.55B | 2.56B | 2.85B | 2.79B | 2.71B | 2.30B | 1.95B | 1.84B | 1.70B | 1.67B | 1.66B | 1.60B | 1.31B | 963.80M | 869.60M |
| Cost of Revenue | 5.34B | 5.81B | 4.53B | 4.19B | 4.32B | 4.35B | 4.09B | 3.85B | 4.03B | 4.09B | 3.97B | 3.94B | 3.74B | 3.36B | 2.93B | 3.40B | 3.29B | 2.95B | 2.87B | 2.58B | 2.26B | 2.26B | 2.06B | 1.96B | 1.81B | 1.82B | 2.05B | 2.01B | 1.98B | 1.69B | 1.43B | 1.37B | 1.27B | 1.24B | 1.24B | 1.19B | 987.50M | 725.40M | 657.30M |
| Gross Profit | 1.44B | 1.44B | 1.06B | 1.05B | 1.06B | 1.04B | 949.39M | 937.43M | 929.42M | 921.30M | 873.50M | 843.63M | 756.78M | 767.53M | 666.05M | 724.03M | 753.79M | 705.04M | 660.95M | 574.79M | 498.44M | 552.36M | 544.43M | 754.91M | 738.90M | 735.40M | 793.20M | 782.90M | 725.00M | 609.50M | 517.20M | 470.00M | 425.20M | 433.90M | 416.30M | 404.90M | 324.60M | 238.40M | 212.30M |
| Gross Profit Ratio | 21.25% | 19.86% | 19.00% | 19.98% | 19.68% | 19.31% | 18.85% | 19.60% | 18.72% | 18.37% | 18.02% | 17.63% | 16.82% | 18.61% | 18.52% | 17.56% | 18.66% | 19.28% | 18.73% | 18.22% | 18.07% | 19.64% | 20.89% | 27.84% | 29.01% | 28.75% | 27.85% | 28.08% | 26.79% | 26.50% | 26.56% | 25.57% | 25.05% | 26.00% | 25.14% | 25.31% | 24.74% | 24.74% | 24.41% |
| Research & Development | 29.30M | 28.70M | 24.10M | 22.00M | 23.30M | 23.20M | 21.00M | 22.50M | 22.10M | 24.20M | 20.10M | 20.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 741.86M | 714.42M | 1.13B | 558.58M | 555.58M | 564.25M | 543.67M | 506.00M | 496.24M | 507.00M | 487.17M | 463.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | -7.07M | -568.42M | -30.14M | -24.71M | -941.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 741.86M | 707.34M | 558.18M | 528.44M | 530.87M | 563.31M | 543.67M | 506.00M | 496.24M | 507.00M | 487.17M | 463.72M | 397.48M | 405.36M | 386.46M | 374.40M | 409.72M | 358.95M | 364.97M | 316.40M | 289.84M | 288.67M | 266.91M | 272.15M | 259.90M | 301.60M | 297.40M | 310.60M | 289.30M | 252.30M | 209.30M | 189.80M | 173.20M | 246.70M | 161.50M | 148.40M | 129.20M | 97.00M | 83.70M |
| Other Expenses | 0.00 | -7.07M | -568.42M | -30.14M | -24.71M | -941.00K | -313.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 150.82M | 145.80M | 145.70M | 153.50M | 142.90M | 125.80M | 112.80M | 95.70M | 83.30M | 76.60M | 72.20M | 67.30M | 69.10M | 57.10M | 35.70M | 31.20M |
| Operating Expenses | 719.86M | 707.34M | 558.18M | 528.44M | 530.87M | 563.31M | 543.67M | 506.00M | 496.24M | 507.00M | 487.17M | 463.72M | 397.48M | 405.36M | 386.46M | 374.40M | 409.72M | 358.95M | 364.97M | 316.40M | 289.84M | 288.67M | 266.91M | 422.97M | 405.70M | 447.30M | 450.90M | 453.50M | 415.10M | 365.10M | 305.00M | 273.10M | 249.80M | 318.90M | 228.80M | 217.50M | 186.30M | 132.70M | 114.90M |
| Cost & Expenses | 6.07B | 6.52B | 5.09B | 4.72B | 4.85B | 4.91B | 4.63B | 4.35B | 4.53B | 4.60B | 4.46B | 4.41B | 4.14B | 3.76B | 3.32B | 3.77B | 3.70B | 3.31B | 3.23B | 2.90B | 2.55B | 2.55B | 2.33B | 2.38B | 2.21B | 2.27B | 2.51B | 2.46B | 2.40B | 2.06B | 1.74B | 1.64B | 1.52B | 1.55B | 1.47B | 1.41B | 1.17B | 858.10M | 772.20M |
| Interest Income | 10.38M | 4.62M | 4.76M | 2.98M | 5.24M | 4.99M | 4.48M | 2.61M | 2.38M | 2.75M | 3.19M | 4.13M | 3.76M | 2.31M | 2.43M | 6.20M | 9.18M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 136.69M | 97.04M | 59.24M | 72.07M | 61.60M | 58.16M | 52.75M | 51.56M | 54.60M | 52.39M | 59.91M | 59.99M | 38.07M | 37.41M | 40.99M | 53.40M | 61.44M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 340.99M | 308.82M | 239.09M | 255.36M | 239.14M | 236.25M | 217.63M | 205.18M | 213.16M | 198.72M | 197.67M | 200.40M | 179.87M | 169.67M | 173.59M | 182.72M | 181.34M | 164.86M | 163.07M | 163.93M | 163.23M | 159.26M | 158.57M | 150.82M | 145.80M | 145.70M | 153.50M | 142.90M | 125.80M | 112.80M | 95.70M | 83.30M | 76.60M | 72.20M | 67.30M | 69.10M | 57.10M | 35.70M | 31.20M |
| EBITDA | 1.09B | 1.10B | 142.10M | 586.00M | 750.23M | 727.45M | 637.13M | 641.18M | 646.34M | 613.02M | 572.63M | 547.52M | 506.11M | 391.88M | 428.73M | 438.81M | 498.41M | 510.95M | 459.06M | 422.32M | 371.83M | 405.32M | 436.10M | 482.76M | 479.03M | 433.82M | 495.80M | 472.30M | 435.70M | 357.20M | 307.90M | 280.20M | 252.00M | 187.20M | 254.80M | 256.50M | 195.40M | 141.40M | 128.60M |
| EBITDA Ratio | 16.11% | 14.26% | 3.12% | 14.19% | 13.79% | 13.23% | 12.38% | 13.31% | 13.02% | 12.22% | 12.11% | 12.13% | 11.98% | 10.59% | 12.66% | 10.64% | 13.90% | 14.68% | 13.61% | 13.99% | 15.30% | 15.49% | 18.83% | 17.72% | 18.40% | 12.55% | 25.22% | 16.78% | 15.90% | 15.37% | 15.15% | 17.07% | 14.19% | 10.78% | 15.00% | 15.96% | 15.62% | 14.47% | 14.50% |
| Operating Income | 715.79M | 675.40M | -64.69M | 487.76M | 467.08M | 437.63M | 405.72M | 431.43M | 433.18M | 414.30M | 386.33M | 379.92M | 322.48M | 338.18M | 252.79M | 349.63M | 344.08M | 346.09M | 295.98M | 258.39M | 208.60M | 263.69M | 277.52M | 331.95M | 333.20M | 288.10M | 342.30M | 329.40M | 309.90M | 244.40M | 212.20M | 196.90M | 175.40M | 115.00M | 187.50M | 187.40M | 138.30M | 105.70M | 97.40M |
| Operating Income Ratio | 10.56% | 9.32% | -1.16% | 9.31% | 8.69% | 8.12% | 8.06% | 9.02% | 8.73% | 8.26% | 7.97% | 7.94% | 7.17% | 8.20% | 7.03% | 8.48% | 8.52% | 9.46% | 8.39% | 8.19% | 7.56% | 9.38% | 10.65% | 12.24% | 13.08% | 11.26% | 12.02% | 11.81% | 11.45% | 10.63% | 10.90% | 10.71% | 10.34% | 6.89% | 11.32% | 11.71% | 10.54% | 10.97% | 11.20% |
| Total Other Income/Expenses | -100.96M | -104.11M | -647.84M | -102.21M | -86.32M | -59.10M | -97.86M | -63.37M | -74.36M | -84.40M | -82.25M | -93.15M | -74.90M | -107.72M | -38.57M | -147.26M | -88.45M | -71.28M | -64.86M | -61.05M | -100.27M | -47.57M | -101.74M | -53.65M | -36.83M | 57.90M | -279.60M | -51.10M | -38.80M | -32.10M | -18.20M | -63.70M | -17.00M | -20.70M | -23.00M | -24.10M | -28.10M | -6.60M | -6.10M |
| Income Before Tax | 614.83M | 571.28M | -160.98M | 255.59M | 380.77M | 378.53M | 314.55M | 441.28M | 327.95M | 339.12M | 304.57M | 287.07M | 284.41M | 254.45M | 214.22M | 202.38M | 255.63M | 274.81M | 231.13M | 197.34M | 108.33M | 198.49M | 175.78M | 278.30M | 296.40M | 346.00M | 62.70M | 278.30M | 271.10M | 212.30M | 194.00M | 133.20M | 158.40M | 94.30M | 164.50M | 163.30M | 110.20M | 99.10M | 91.30M |
| Income Before Tax Ratio | 9.07% | 7.88% | -2.88% | 4.88% | 7.09% | 7.02% | 6.25% | 9.23% | 6.61% | 6.76% | 6.28% | 6.00% | 6.32% | 6.17% | 5.95% | 4.91% | 6.33% | 7.51% | 6.55% | 6.25% | 3.93% | 7.06% | 6.74% | 10.26% | 11.64% | 13.53% | 2.20% | 9.98% | 10.02% | 9.23% | 9.96% | 7.25% | 9.33% | 5.65% | 9.93% | 10.21% | 8.40% | 10.28% | 10.50% |
| Income Tax Expense | 149.28M | 118.51M | -67.43M | 53.03M | 93.27M | 75.01M | 146.59M | 164.63M | 87.74M | 108.92M | 96.20M | 103.76M | -78.42M | 64.49M | 66.82M | 54.80M | 55.19M | 93.33M | 84.17M | 58.86M | 37.70M | 70.61M | 82.96M | 112.00M | 108.60M | 154.00M | 60.10M | 107.40M | 106.60M | 82.50M | 75.20M | 51.90M | 63.60M | 43.90M | 60.90M | 67.00M | 48.70M | 44.40M | 41.90M |
| Net Income | 474.96M | 466.44M | -93.55M | 207.46M | 291.79M | 313.56M | 175.35M | 286.43M | 250.14M | 239.17M | 219.11M | 196.01M | 217.52M | 201.05M | 151.48M | 164.61M | 214.16M | 195.08M | 161.88M | 151.23M | 138.95M | 135.32M | 91.61M | 166.30M | 187.80M | 180.20M | 2.60M | 170.90M | 164.50M | 129.80M | 118.80M | 43.40M | 94.80M | 50.40M | 103.60M | 96.30M | 61.50M | 54.70M | 49.40M |
| Net Income Ratio | 7.00% | 6.43% | -1.67% | 3.96% | 5.43% | 5.82% | 3.48% | 5.99% | 5.04% | 4.77% | 4.52% | 4.10% | 4.83% | 4.88% | 4.21% | 3.99% | 5.30% | 5.33% | 4.59% | 4.79% | 5.04% | 4.81% | 3.51% | 6.13% | 7.37% | 7.04% | 0.09% | 6.13% | 6.08% | 5.64% | 6.10% | 2.36% | 5.59% | 3.02% | 6.26% | 6.02% | 4.69% | 5.68% | 5.68% |
| EPS | 4.83 | 4.76 | -0.94 | 2.06 | 2.90 | 3.14 | 1.75 | 2.89 | 2.48 | 2.38 | 2.14 | 1.94 | 2.17 | 2.00 | 1.51 | 1.65 | 2.13 | 1.95 | 1.63 | 1.54 | 1.44 | 1.40 | 0.96 | 1.67 | 1.84 | 1.76 | -0.01 | 1.65 | 1.56 | 1.21 | 1.16 | 0.45 | 1.00 | 0.53 | 1.07 | 1.00 | 0.64 | 0.57 | 0.52 |
| EPS Diluted | 4.80 | 4.72 | -0.94 | 2.05 | 2.88 | 3.10 | 1.74 | 2.81 | 2.44 | 2.32 | 2.12 | 1.91 | 2.13 | 1.96 | 1.50 | 1.63 | 2.10 | 1.92 | 1.61 | 1.53 | 1.43 | 1.39 | 0.96 | 1.66 | 1.83 | 1.73 | -0.01 | 1.57 | 1.49 | 1.21 | 1.15 | 0.45 | 1.00 | 0.53 | 1.07 | 1.00 | 0.64 | 0.57 | 0.52 |
| Weighted Avg Shares Out | 98.29M | 97.99M | 99.61M | 100.94M | 100.74M | 99.83M | 100.24M | 99.19M | 100.94M | 100.60M | 102.58M | 100.85M | 100.21M | 100.51M | 100.72M | 100.26M | 100.63M | 100.07M | 99.34M | 98.02M | 96.82M | 96.37M | 95.37M | 99.73M | 101.89M | 102.63M | 99.29M | 99.56M | 100.25M | 100.59M | 101.29M | 96.44M | 94.80M | 95.09M | 96.82M | 96.30M | 96.09M | 95.96M | 95.00M |
| Weighted Avg Shares Out (Dil) | 98.89M | 98.73M | 99.61M | 101.21M | 101.18M | 101.02M | 100.85M | 101.78M | 102.39M | 103.17M | 103.25M | 102.57M | 102.17M | 102.54M | 101.03M | 100.99M | 101.88M | 101.53M | 100.42M | 98.95M | 97.13M | 97.18M | 95.81M | 99.90M | 102.78M | 104.28M | 104.21M | 108.52M | 110.42M | 100.59M | 102.17M | 96.44M | 94.80M | 95.09M | 96.82M | 96.30M | 96.09M | 95.96M | 95.00M |
Sonoco Boosts Portfolio With the Completion of Eviosys Buyout
SON closes the previously announced acquisition of Eviosys, which will now operate under its Consumer Packaging segment.
Sonnet BioTherapeutics Announces Publication Detailing the Discovery and Development of SON-1010, an Albumin-Binding IL-12 Fusion Protein, Demonstrating Its Mechanism of Action
Pankaj Mohan, CEO of Sonnet discusses what this publication means in a Virtual Investor “What This Means” segment; access here
Sonoco Products: M&A Activity Should Support Shares In 2025 (Rating Upgrade)
Sonoco Products' shares have underperformed, declining 8% over the past year, but recent strategic moves and cost reductions make it a buy opportunity. SON is acquiring Eviosys and divesting smaller units, aiming to improve its product mix and capitalize on...
Sonoco Completes Acquisition of Eviosys
Creates a Global Leader in Metal Food and Aerosol Can Manufacturing Advances Sonoco's Portfolio Transformation Strategy HARTSVILLE, S.C., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging,...
Sonoco Targets Growth With Consumer Focus, European Expansion
Shares of Sonoco Products Co SON have climbed more than 6% over the past five trading sessions.
Sonnet BioTherapeutics Releases Virtual Investor ‘”What this Means” Segment
Drs. Pankaj Mohan, CEO of Sonnet, and John Cini, CSO of Sonnet, discuss the Company's recent issuance of a U.S. patent covering a variant of IL-18 incorporated into two novel immunotherapeutic drug candidates, SON-1400 and SON-1411
Top Dividend Aristocrats To Buy Now After The Trump Sweep
A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer discretionary, materials and industrials sectors, which would benefit most from...
Sonoco Earnings Surpass Estimates in Q3, Sales Decrease 2% Y/Y
SON Q3 top line reflects the impacts of the Protective Solutions divestiture and the thermoformed food packaging plant closure.
Sonoco Products Company (SON) Q3 2024 Earnings Call Transcript
Sonoco Products Company (NYSE:SON ) Q3 2024 Earnings Call Transcript November 1, 2024 8:30 AM ET Company Participants Lisa Weeks - VP of IR Howard Coker - President and CEO Rob Dillard - CFO Rodger Fuller - COO Conference Call...
Sonoco (SON) Q3 Earnings Top Estimates
Sonoco (SON) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.46 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports