Sonoco Products Financial Statements
NYSE: SONConsumer DiscretionaryContainers/PackagingUSD
Market open · Delayed 15 min · as of Oct 9, 3:37 PM ET
Sonoco Products revenue and earnings
In fiscal 2025, Sonoco Products generated $7.52 billion in revenue, up 41.7% from fiscal 2024. Net income was $1.00 billion (+511.8% year over year), for a net margin of 13.3% versus a median of 3.9% in the prior 5 years. Gross margin was 20.9% (down from 21.5%) and operating margin 13.5%.
Diluted earnings per share came in at $10.07, up from $1.65. Over the last 5 fiscal years, SON's revenue has grown at a 7.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Sonoco Products income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.52B | 5.31B | 5.44B | 5.86B | 5.72B | 5.35B | 5.50B | 5.53B | 5.19B | 4.89B |
| Revenue growth (YoY) | +41.72% | -2.50% | -7.13% | +2.43% | +6.94% | -2.77% | -0.54% | +6.61% | +6.04% | -3.67% |
| Cost of Revenue | 5.94B | 4.17B | 4.24B | 4.63B | 4.53B | 4.19B | 4.32B | 4.35B | 4.08B | 3.84B |
| Gross Profit | 1.57B | 1.14B | 1.20B | 1.23B | 1.06B | 1.05B | 1.06B | 1.04B | 958.65M | 946.28M |
| Operating Expenses | 556.68M | 812.65M | 613.52M | 661.96M | 575.06M | 688.53M | 590.75M | 603.38M | 546.24M | 441.64M |
| Research & Development | 21.50M | 23.00M | 23.90M | 23.10M | 24.10M | 22.00M | 23.30M | 23.20M | 21.00M | 22.50M |
| Selling, General & Admin | 862.18M | 723.83M | 644.54M | 609.58M | 558.18M | 528.44M | 530.87M | 563.31M | 507.82M | 503.05M |
| Operating Income | 1.02B | 326.58M | 589.05M | 563.36M | 486.85M | 357.80M | 467.08M | 437.63M | 412.41M | 504.64M |
| Interest Expense | 233.49M | 172.62M | 136.69M | 101.66M | 63.99M | 75.05M | 66.84M | 63.15M | 57.22M | 54.17M |
| Other Income (Expense) | -27.48M | -104.20M | 39.66M | 0 | 0 | — | — | — | — | — |
| Pretax Income | 765.10M | 63.49M | 489.03M | 459.93M | -160.98M | 255.59M | 380.77M | 378.53M | 314.55M | 441.28M |
| Income Tax | 183.59M | 5.51M | 119.73M | 95.73M | -67.43M | 53.03M | 93.27M | 75.01M | 146.59M | 164.63M |
| Net Income | 1.00B | 163.95M | 474.96M | 466.44M | -85.48M | 207.46M | 291.79M | 313.56M | 175.34M | 286.43M |
| Net Income growth (YoY) | +511.78% | -65.48% | +1.83% | — | -141.20% | -28.90% | -6.94% | +78.82% | -38.78% | +14.51% |
| EPS (Basic) | 10.12 | 1.66 | 4.83 | 4.76 | -0.86 | 2.06 | 2.90 | 3.12 | 1.75 | 2.83 |
| EPS (Diluted) | 10.07 | 1.65 | 4.80 | 4.72 | -0.86 | 2.05 | 2.88 | 3.10 | 1.74 | 2.81 |
| Shares Outstanding (Basic) | 99.12M | 98.64M | 98.29M | 97.99M | 99.61M | 100.94M | 100.74M | 100.54M | 100.24M | 101.09M |
| Shares Outstanding (Diluted) | 99.57M | 99.29M | 98.89M | 98.73M | 99.61M | 101.21M | 101.18M | 101.02M | 100.85M | 101.78M |
| EBITDA | 1.54B | 701.44M | 930.04M | 872.18M | 732.04M | 619.09M | 706.22M | 673.87M | 630.03M | 709.83M |
| Gross Margin | 20.94% | 21.47% | 22.10% | 20.91% | 18.56% | 19.56% | 19.23% | 18.82% | 18.48% | 19.34% |
| Operating Margin | 13.54% | 6.16% | 10.83% | 9.61% | 8.51% | 6.69% | 8.49% | 7.91% | 7.95% | 10.31% |
| Net Margin | 13.34% | 3.09% | 8.73% | 7.96% | -149.00% | 3.88% | 5.30% | 5.67% | 3.38% | 5.85% |
This table shows 10 annual periods of Sonoco Products's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SON's reporting calendar. What is a income statement?