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Side-by-side financial comparison of NCR Atleos Corp (NATL) and SONOCO PRODUCTS CO (SON). Click either name above to swap in a different company.

SONOCO PRODUCTS CO is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.5× NCR Atleos Corp). NCR Atleos Corp runs the higher net margin — 7.2% vs 4.1%, a 3.1% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -1.9%). NCR Atleos Corp produced more free cash flow last quarter ($194.0M vs $-428.3B). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs 1.2%).

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

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...

NATL vs SON — Head-to-Head

Bigger by revenue
SON
SON
1.5× larger
SON
$1.7B
$1.2B
NATL
Growing faster (revenue YoY)
NATL
NATL
+5.9% gap
NATL
4.0%
-1.9%
SON
Higher net margin
NATL
NATL
3.1% more per $
NATL
7.2%
4.1%
SON
More free cash flow
NATL
NATL
$428.5B more FCF
NATL
$194.0M
$-428.3B
SON
Faster 2-yr revenue CAGR
NATL
NATL
Annualised
NATL
4.9%
1.2%
SON

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NATL
NATL
SON
SON
Revenue
$1.2B
$1.7B
Net Profit
$83.0M
$68.0M
Gross Margin
20.6%
Operating Margin
13.5%
7.6%
Net Margin
7.2%
4.1%
Revenue YoY
4.0%
-1.9%
Net Profit YoY
102.4%
24.1%
EPS (diluted)
$1.09
$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
NATL
NATL
SON
SON
Q1 26
$1.7B
Q4 25
$1.2B
$1.8B
Q3 25
$1.1B
$2.1B
Q2 25
$1.1B
$1.9B
Q1 25
$979.0M
$1.7B
Q4 24
$1.1B
Q3 24
$1.1B
$1.7B
Q2 24
$1.1B
$1.6B
Net Profit
NATL
NATL
SON
SON
Q1 26
$68.0M
Q4 25
$83.0M
$332.2M
Q3 25
$26.0M
$122.9M
Q2 25
$39.0M
$493.4M
Q1 25
$14.0M
$54.4M
Q4 24
$41.0M
Q3 24
$21.0M
$50.9M
Q2 24
$27.0M
$90.8M
Gross Margin
NATL
NATL
SON
SON
Q1 26
20.6%
Q4 25
19.6%
Q3 25
21.9%
Q2 25
21.3%
Q1 25
20.7%
Q4 24
Q3 24
21.4%
Q2 24
22.0%
Operating Margin
NATL
NATL
SON
SON
Q1 26
7.6%
Q4 25
13.5%
29.4%
Q3 25
9.8%
9.1%
Q2 25
10.8%
9.2%
Q1 25
9.5%
7.4%
Q4 24
13.4%
Q3 24
10.6%
7.6%
Q2 24
9.8%
8.6%
Net Margin
NATL
NATL
SON
SON
Q1 26
4.1%
Q4 25
7.2%
18.8%
Q3 25
2.3%
5.8%
Q2 25
3.5%
25.8%
Q1 25
1.4%
3.2%
Q4 24
3.7%
Q3 24
2.0%
3.0%
Q2 24
2.5%
5.6%
EPS (diluted)
NATL
NATL
SON
SON
Q1 26
$0.68
Q4 25
$1.09
$3.33
Q3 25
$0.34
$1.23
Q2 25
$0.52
$4.96
Q1 25
$0.19
$0.55
Q4 24
$0.56
Q3 24
$0.28
$0.51
Q2 24
$0.37
$0.92

Balance Sheet & Financial Strength

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

Metric
NATL
NATL
SON
SON
Cash + ST InvestmentsLiquidity on hand
$456.0M
$224.5M
Total DebtLower is stronger
$2.7B
$3.5B
Stockholders' EquityBook value
$403.0M
$3.6B
Total Assets
$5.7B
$11.1B
Debt / EquityLower = less leverage
6.63×
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATL
NATL
SON
SON
Q1 26
$224.5M
Q4 25
$456.0M
$378.4M
Q3 25
$412.0M
$244.9M
Q2 25
$357.0M
$329.8M
Q1 25
$352.0M
$181.8M
Q4 24
$419.0M
Q3 24
$395.0M
$1.9B
Q2 24
$374.0M
$140.2M
Total Debt
NATL
NATL
SON
SON
Q1 26
$3.5B
Q4 25
$2.7B
$3.8B
Q3 25
$2.8B
$3.8B
Q2 25
$2.8B
$5.0B
Q1 25
$5.0B
Q4 24
$2.9B
Q3 24
$4.3B
Q2 24
$2.5B
Stockholders' Equity
NATL
NATL
SON
SON
Q1 26
$3.6B
Q4 25
$403.0M
$3.6B
Q3 25
$330.0M
$3.3B
Q2 25
$350.0M
$3.2B
Q1 25
$275.0M
$2.4B
Q4 24
$219.0M
Q3 24
$264.0M
$2.5B
Q2 24
$250.0M
$2.4B
Total Assets
NATL
NATL
SON
SON
Q1 26
$11.1B
Q4 25
$5.7B
$11.2B
Q3 25
$5.7B
$11.7B
Q2 25
$5.8B
$12.0B
Q1 25
$5.7B
$12.7B
Q4 24
$5.5B
Q3 24
$5.7B
$9.0B
Q2 24
$5.8B
$7.2B
Debt / Equity
NATL
NATL
SON
SON
Q1 26
0.97×
Q4 25
6.63×
1.05×
Q3 25
8.45×
1.15×
Q2 25
8.05×
1.54×
Q1 25
2.03×
Q4 24
13.05×
Q3 24
1.74×
Q2 24
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
NATL
NATL
SON
SON
Operating Cash FlowLast quarter
$231.0M
Free Cash FlowOCF − Capex
$194.0M
$-428.3B
FCF MarginFCF / Revenue
16.8%
-25554.2%
Capex IntensityCapex / Revenue
3.2%
3601.4%
Cash ConversionOCF / Net Profit
2.78×
TTM Free Cash FlowTrailing 4 quarters
$239.0M
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATL
NATL
SON
SON
Q1 26
Q4 25
$231.0M
$412.9M
Q3 25
$25.0M
$291.5M
Q2 25
$-23.0M
$193.4M
Q1 25
$123.0M
$-208.1M
Q4 24
$80.0M
Q3 24
$107.0M
$162.1M
Q2 24
$9.0M
$109.3M
Free Cash Flow
NATL
NATL
SON
SON
Q1 26
$-428.3B
Q4 25
$194.0M
$322.3M
Q3 25
$-5.0M
$225.6M
Q2 25
$-44.0M
$98.6M
Q1 25
$94.0M
$-300.8M
Q4 24
$62.0M
Q3 24
$85.0M
$70.5M
Q2 24
$-14.0M
$16.0M
FCF Margin
NATL
NATL
SON
SON
Q1 26
-25554.2%
Q4 25
16.8%
18.2%
Q3 25
-0.4%
10.6%
Q2 25
-4.0%
5.2%
Q1 25
9.6%
-17.6%
Q4 24
5.6%
Q3 24
7.9%
4.2%
Q2 24
-1.3%
1.0%
Capex Intensity
NATL
NATL
SON
SON
Q1 26
3601.4%
Q4 25
3.2%
5.1%
Q3 25
2.7%
3.1%
Q2 25
1.9%
5.0%
Q1 25
3.0%
5.4%
Q4 24
1.6%
Q3 24
2.1%
5.5%
Q2 24
2.1%
5.7%
Cash Conversion
NATL
NATL
SON
SON
Q1 26
Q4 25
2.78×
1.24×
Q3 25
0.96×
2.37×
Q2 25
-0.59×
0.39×
Q1 25
8.79×
-3.82×
Q4 24
1.95×
Q3 24
5.10×
3.18×
Q2 24
0.33×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$579.4M35%
All Other$55.1M3%

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