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 | -28.46M | -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 | 713.41M | 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 | -17.61M | -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 | 725.09M | 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 Reports Third Quarter 2024 Results
HARTSVILLE, S.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its third quarter ended September 29, 2024.
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Sonoco Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on December 10, 2024, to shareholders of record as...
Sonnet BioTherapeutics Inc. Enters into Licensing Agreement with Alkem Laboratories Limited to Develop and Commercialize SON-080 for Diabetic Peripheral Neuropathy (DPN) in India
Sonnet to receive $1.0 million in upfront payment and up to an additional $1.0 million in milestone payments with a royalty in the low double digits on net sales, less certain expenses, in the India market
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SON vs. PKG: Which Stock Is the Better Value Option?
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Sonnet BioTherapeutics Completes Enrollment in Phase 1 Study of SON-1010 (IL12-FHAB) as a Monotherapy (SB101) for the Treatment of Solid Tumors
SON-1010 is a targeted immune activation cancer therapy designed to turn ‘cold' tumors ‘hot' Topline safety data of SB101 Phase 1 study expected by Q4 2024 PRINCETON, NJ, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Sonnet BioTherapeutics Holdings, Inc. (the “Company”...
Sonoco Announces Pricing of $1.8 Billion of Senior Unsecured Notes
HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has priced an offering (the “Offering”) of senior unsecured notes in a...
Source: https://incomestatements.info
Category: Stock Reports