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Side-by-side financial comparison of ARGENX SE (ARGX) and SONOCO PRODUCTS CO (SON). Click either name above to swap in a different company.

ARGENX SE is the larger business by last-quarter revenue ($2.5B vs $1.7B, roughly 1.5× SONOCO PRODUCTS CO). ARGENX SE runs the higher net margin — 35.5% vs 4.1%, a 31.4% gap on every dollar of revenue. On growth, ARGENX SE posted the faster year-over-year revenue change (83.2% vs -1.9%). ARGENX SE produced more free cash flow last quarter ($322.4M vs $-428.3B).

AbbVie Inc. is an American pharmaceutical company headquartered in North Chicago, Illinois. They have produced drugs to treat a wide range of medical issues.

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...

ARGX vs SON — Head-to-Head

Bigger by revenue
ARGX
ARGX
1.5× larger
ARGX
$2.5B
$1.7B
SON
Growing faster (revenue YoY)
ARGX
ARGX
+85.1% gap
ARGX
83.2%
-1.9%
SON
Higher net margin
ARGX
ARGX
31.4% more per $
ARGX
35.5%
4.1%
SON
More free cash flow
ARGX
ARGX
$428.6B more FCF
ARGX
$322.4M
$-428.3B
SON

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARGX
ARGX
SON
SON
Revenue
$2.5B
$1.7B
Net Profit
$877.2M
$68.0M
Gross Margin
89.5%
20.6%
Operating Margin
28.9%
7.6%
Net Margin
35.5%
4.1%
Revenue YoY
83.2%
-1.9%
Net Profit YoY
1.3%
25.9%
EPS (diluted)
$13.25
$0.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARGX
ARGX
SON
SON
Q1 26
$1.7B
Q4 25
$2.5B
$1.8B
Q3 25
$2.1B
Q2 25
$1.8B
$1.9B
Q1 25
$1.7B
Q4 24
$1.4B
Q3 24
$1.7B
Q2 24
$901.9M
$1.6B
Net Profit
ARGX
ARGX
SON
SON
Q1 26
$68.0M
Q4 25
$877.2M
$332.2M
Q3 25
$122.9M
Q2 25
$414.8M
$493.4M
Q1 25
$54.4M
Q4 24
$865.6M
Q3 24
$50.9M
Q2 24
$-32.5M
$90.8M
Gross Margin
ARGX
ARGX
SON
SON
Q1 26
20.6%
Q4 25
89.5%
19.6%
Q3 25
21.9%
Q2 25
89.2%
21.3%
Q1 25
20.7%
Q4 24
90.2%
Q3 24
21.4%
Q2 24
89.4%
22.0%
Operating Margin
ARGX
ARGX
SON
SON
Q1 26
7.6%
Q4 25
28.9%
29.4%
Q3 25
9.1%
Q2 25
19.2%
9.2%
Q1 25
7.4%
Q4 24
8.7%
Q3 24
7.6%
Q2 24
-15.4%
8.6%
Net Margin
ARGX
ARGX
SON
SON
Q1 26
4.1%
Q4 25
35.5%
18.8%
Q3 25
5.8%
Q2 25
23.4%
25.8%
Q1 25
3.2%
Q4 24
64.1%
Q3 24
3.0%
Q2 24
-3.6%
5.6%
EPS (diluted)
ARGX
ARGX
SON
SON
Q1 26
$0.68
Q4 25
$13.25
$3.33
Q3 25
$1.23
Q2 25
$6.32
$4.96
Q1 25
$0.55
Q4 24
$13.33
Q3 24
$0.51
Q2 24
$-0.55
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARGX
ARGX
SON
SON
Cash + ST InvestmentsLiquidity on hand
$3.5B
$224.5M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$7.3B
$3.6B
Total Assets
$8.7B
$11.1B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARGX
ARGX
SON
SON
Q1 26
$224.5M
Q4 25
$3.5B
$378.4M
Q3 25
$244.9M
Q2 25
$2.1B
$329.8M
Q1 25
$181.8M
Q4 24
$1.5B
Q3 24
$1.9B
Q2 24
$1.4B
$140.2M
Total Debt
ARGX
ARGX
SON
SON
Q1 26
$3.5B
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$5.0B
Q1 25
$5.0B
Q4 24
Q3 24
$4.3B
Q2 24
$11.0M
$2.5B
Stockholders' Equity
ARGX
ARGX
SON
SON
Q1 26
$3.6B
Q4 25
$7.3B
$3.6B
Q3 25
$3.3B
Q2 25
$6.1B
$3.2B
Q1 25
$2.4B
Q4 24
$5.5B
Q3 24
$2.5B
Q2 24
$4.3B
$2.4B
Total Assets
ARGX
ARGX
SON
SON
Q1 26
$11.1B
Q4 25
$8.7B
$11.2B
Q3 25
$11.7B
Q2 25
$7.2B
$12.0B
Q1 25
$12.7B
Q4 24
$6.2B
Q3 24
$9.0B
Q2 24
$4.8B
$7.2B
Debt / Equity
ARGX
ARGX
SON
SON
Q1 26
0.97×
Q4 25
1.05×
Q3 25
1.15×
Q2 25
1.54×
Q1 25
2.03×
Q4 24
Q3 24
1.74×
Q2 24
0.00×
1.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARGX
ARGX
SON
SON
Operating Cash FlowLast quarter
$323.3M
Free Cash FlowOCF − Capex
$322.4M
$-428.3B
FCF MarginFCF / Revenue
13.0%
-25547.4%
Capex IntensityCapex / Revenue
0.0%
3600.5%
Cash ConversionOCF / Net Profit
0.37×
TTM Free Cash FlowTrailing 4 quarters
$594.5M
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARGX
ARGX
SON
SON
Q1 26
Q4 25
$323.3M
$412.9M
Q3 25
$291.5M
Q2 25
$361.8M
$193.4M
Q1 25
$-208.1M
Q4 24
$41.9M
Q3 24
$162.1M
Q2 24
$-124.7M
$109.3M
Free Cash Flow
ARGX
ARGX
SON
SON
Q1 26
$-428.3B
Q4 25
$322.4M
$322.3M
Q3 25
$225.6M
Q2 25
$356.6M
$98.6M
Q1 25
$-300.8M
Q4 24
$40.9M
Q3 24
$70.5M
Q2 24
$-125.5M
$16.0M
FCF Margin
ARGX
ARGX
SON
SON
Q1 26
-25547.4%
Q4 25
13.0%
18.2%
Q3 25
10.6%
Q2 25
20.1%
5.2%
Q1 25
-17.6%
Q4 24
3.0%
Q3 24
4.2%
Q2 24
-13.9%
1.0%
Capex Intensity
ARGX
ARGX
SON
SON
Q1 26
3600.5%
Q4 25
0.0%
5.1%
Q3 25
3.1%
Q2 25
0.3%
5.0%
Q1 25
5.4%
Q4 24
0.1%
Q3 24
5.5%
Q2 24
0.1%
5.7%
Cash Conversion
ARGX
ARGX
SON
SON
Q1 26
Q4 25
0.37×
1.24×
Q3 25
2.37×
Q2 25
0.87×
0.39×
Q1 25
-3.82×
Q4 24
0.05×
Q3 24
3.18×
Q2 24
1.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARGX
ARGX

Segment breakdown not available.

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$587.5M35%
All Other$55.1M3%

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