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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 (SON) Announces Price Hike for Paperboard in Europe
Sonoco (SON) implements a price increase for all grades of uncoated recycled paperboard sold in Europe to mitigate higher input costs.
Sonoco Implementing Price Increase for Uncoated Recycled Paperboard in Europe
HARTSVILLE, S.C., March 25, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a €60 per ton, £50 for UK market, price increase for all grades of uncoated recycled paperboard (URB) sold in Europe effective for deliveries...
These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Sonoco Prods (NYSE:SON), International Paper (NYSE:IP)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Sonoco Hosts Investor Day 2024 and Announces Updated Long Term Targets
HARTSVILLE, S.C., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today hosts its 2024 Investor Day in New York City.
Sonoco (SON) Earnings Miss Estimates in Q4, Decline Y/Y
Sonoco's (SON) fourth-quarter results reflect the impacts of lower volumes and pricing.
Sonoco Products Company (SON) Q4 2023 Earnings Call Transcript
Sonoco Products Company (SON) Q4 2023 Earnings Call Transcript
Here's What Key Metrics Tell Us About Sonoco (SON) Q4 Earnings
The headline numbers for Sonoco (SON) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sonoco (SON) Q4 Earnings Lag Estimates
Sonoco (SON) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.27 per share a year ago.
Sonoco Reports Fourth Quarter and Full Year 2023 Results
HARTSVILLE, S.C., Feb. 14, 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 fourth quarter and fiscal year ended December 31, 2023.
Sonoco Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.51 per share quarterly common stock dividend.
Source: https://incomestatements.info
Category: Stock Reports