SONOCO PRODUCTS COSONEarnings & Financial Report
Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...
Revenue
$1.6B
Gross Profit
$357.4M
Operating Profit
$140.4M
Net Profit
$90.8M
Gross Margin
22.0%
Operating Margin
8.6%
Net Margin
5.6%
YoY Growth
-6.1%
EPS
$0.92
SONOCO PRODUCTS CO Q2 FY2024 Financial Summary
SONOCO PRODUCTS CO reported revenue of $1.6B (down 6.1% YoY) for Q2 FY2024, with a net profit of $90.8M (down 38.8% YoY) (5.6% margin). Cost of goods sold was $1.3B, operating expenses totaled $217.0M.
Key Financial Metrics
| Total Revenue | $1.6B |
|---|---|
| Net Profit | $90.8M |
| Gross Margin | 22.0% |
| Operating Margin | 8.6% |
| Report Period | Q2 FY2024 |
SONOCO PRODUCTS CO Annual Revenue by Year
SONOCO PRODUCTS CO annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.5B |
SONOCO PRODUCTS CO Quarterly Revenue & Net Profit History
SONOCO PRODUCTS CO results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.7B | -1.9% | $68.0M | 4.1% |
| Q4 FY2025 | $1.8B | +2655.7% | $332.2M | 18.8% |
| Q3 FY2025 | $2.1B | +27.2% | $122.9M | 5.8% |
| Q2 FY2025 | $1.9B | +17.7% | $493.4M | 25.8% |
| Q1 FY2025 | $1.7B | +4.4% | $54.4M | 3.2% |
| Q3 FY2024 | $1.7B | -1.7% | $50.9M | 3.0% |
| Q2 FY2024 | $1.6B | -6.1% | $90.8M | 5.6% |
| Q1 FY2024 | $1.6B | — | $65.2M | 4.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.62B | $1.68B | $1.71B | $1.91B | $2.13B | $1.77B | $1.68B |
| YoY Growth | N/A | -6.1% | -1.7% | 4.4% | 17.7% | 27.2% | 2655.7% | -1.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.20B | $7.15B | $9.04B | $12.68B | $11.97B | $11.72B | $11.16B | $11.07B |
| Liabilities | $4.78B | $4.72B | $6.56B | $10.22B | $8.72B | $8.40B | $7.53B | $7.48B |
| Equity | $2.42B | $2.43B | $2.48B | $2.45B | $3.24B | $3.30B | $3.61B | $3.59B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $166.2M | $109.3M | $162.1M | $-208.1M | $193.4M | $291.5M | $412.9M |