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SON

Sonoco Products Company

SON

Sonoco Products Company • NYSE
$42.17 ▲ 0.86% (+0.36)
Market Cap $4.16 B
52w High $52.77
52w Low $38.65
Dividend Yield 2.11%
P/E 22.79
Volume 532.66K
Outstanding Shares 98.63M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.131B ▲ $272.385M ▲ $122.918M ▼ 5.768% ▼ $1.23 ▼ $320.661M ▲
Q2-2025 $1.91B ▲ $230.61M ▲ $493.423M ▲ 25.828% ▲ $4.96 ▲ $299.723M ▲
Q1-2025 $1.709B ▲ $226.827M ▲ $54.429M ▲ 3.184% ▲ $0.55 ▲ $246.062M ▲
Q4-2024 $368.477M ▼ $139.968M ▼ $-42.96M ▼ -11.659% ▼ $-0.44 ▼ $-49.265M ▼
Q3-2024 $1.676B $230.605M $50.921M 3.038% $0.52 $221.845M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $244.855M ▼ $11.716B ▼ $8.397B ▼ $3.32B ▲
Q2-2025 $329.8M ▲ $11.97B ▼ $8.72B ▼ $3.236B ▲
Q1-2025 $181.829M ▼ $12.681B ▲ $10.219B ▼ $2.448B ▲
Q4-2024 $431.01M ▼ $12.508B ▲ $10.222B ▲ $2.272B ▼
Q3-2024 $1.931B $9.043B $6.556B $2.479B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $122.918M ▼ $291.549M ▲ $-61.002M ▼ $-313.481M ▲ $-84.945M ▼ $225.621M ▲
Q2-2025 $493.199M ▲ $193.441M ▲ $1.734B ▲ $-1.806B ▼ $138.085M ▲ $99.231M ▲
Q1-2025 $54.489M ▲ $-208.094M ▼ $-88.582M ▲ $29.589M ▼ $-251.345M ▲ $-300.751M ▼
Q4-2024 $-42.969M ▼ $396.207M ▲ $-3.927B ▼ $2.139B ▲ $-1.488B ▼ $274.304M ▲
Q3-2024 $50.921M $162.149M $-81.45M $1.707B $1.79B $70.511M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Consumer Packaging
Consumer Packaging
 $-280.00M ▲$1.07Bn ▲$1.23Bn ▲$1.44Bn ▲
Industrial Paper Packaging Segment
Industrial Paper Packaging Segment
 $680.00M ▲$580.00M ▼$610.00M ▲$620.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Sonoco’s sales have been relatively steady over the last few years, with a small pullback more recently rather than clear growth. Profitability has been choppier. After a weak year earlier in the period, earnings recovered strongly, then dropped back again in the most recent year. This suggests the core business can be profitable, but margins are under pressure from costs, mix, or integration-related items. Overall, the income statement shows a mature business facing cyclical and execution swings rather than a smooth growth story.

Balance Sheet

Balance Sheet The balance sheet has expanded significantly, mainly due to acquisitions, which has brought in more assets but also a much larger debt load. Equity has held up reasonably well, but leverage has clearly increased, making the company more sensitive to interest costs and downturns. Cash on hand is better than in some past years but still modest relative to total obligations. The picture is of a larger, more complex company that now carries meaningfully higher financial risk and will need to show that recent deals pay off.

Cash Flow

Cash Flow Cash generation from operations has generally trended upward over the five-year period, with the last two years showing solid underlying cash earnings. Free cash flow has turned into a more consistent strength after earlier, thinner years, even as the company has been spending more on capital projects. This indicates that, despite profit volatility on the income statement, the business is still converting a reasonable share of its operations into cash, which is important given the higher debt burden.

Competitive Edge

Competitive Edge Sonoco holds leading positions in several niche packaging categories, especially in paper-based tubes, cores, and rigid containers, and now has a much larger presence in metal packaging after the Eviosys acquisition. Its integrated model—from recycling through to finished products—helps with cost control and sustainability credentials. A broad global footprint and long-term relationships with large consumer and industrial customers create switching costs and some pricing power. However, packaging remains a competitive, price-sensitive industry, so maintaining this edge requires ongoing innovation and service quality.

Innovation and R&D

Innovation and R&D Innovation is a central part of Sonoco’s strategy. The company emphasizes sustainable packaging platforms such as its EnviroSense line, paper-based alternatives to plastic, and recyclable metal and paper solutions. Products like the TruVue clear can, smart lidding systems, and custom-engineered protective packaging show a focus on both functionality and brand differentiation. Dedicated technical centers and the use of automation and data analytics in manufacturing support continuous product and process improvement. The key question is how effectively Sonoco can turn this innovation pipeline into higher-margin, faster-growing product lines across its enlarged portfolio.

Summary

Overall, Sonoco looks like a long-established packaging business that has used acquisitions and sustainability-driven innovation to reshape itself. The company’s competitive position is underpinned by scale, diversification, and strong customer relationships, but its recent results highlight profit volatility and the challenge of driving growth in a mature, cost-sensitive sector. The balance sheet is now more leveraged, making execution on integration and synergy targets especially important. Cash flows are a relative bright spot, helping support the heavier capital and debt structure. Future performance will largely hinge on how well Sonoco integrates its new metal packaging assets, expands its sustainable product offerings, and manages margins in a competitive global market.

NEWS

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November 10, 2025 · 8:00 AM UTC

Sonoco Consolidating Consumer Packaging Businesses Under Two Geographies

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November 3, 2025 · 4:00 PM UTC

Sonoco Completes Sale of ThermoSafe Unit to Arsenal Capital Partners

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October 22, 2025 · 5:23 PM UTC

Sonoco Reports Third Quarter 2025 Results

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October 14, 2025 · 4:45 PM UTC

CORRECTION – Sonoco Declares Regular Quarterly Common Stock Dividend

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