Sonoco Prod Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Sonoco Prod has an operating margin of 6.2%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is down from 10.8% the prior year.
Sonoco Prod's revenue declined 2.5% year-over-year, from $5.4B to $5.3B. This contraction results in a growth score of 21/100.
Sonoco Prod has a moderate D/E ratio of 2.19. This balance of debt and equity financing earns a leverage score of 30/100.
Sonoco Prod's current ratio of 0.79 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 11/100, which could limit financial flexibility.
Sonoco Prod has a free cash flow margin of 8.3%, earning a moderate score of 42/100. The company generates positive cash flow after capital investments, but with room for improvement.
Sonoco Prod generates a 7.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is down from 19.6% the prior year.
Sonoco Prod scores 1.02, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Sonoco Prod passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Sonoco Prod generates $5.09 in operating cash flow ($833.8M OCF vs $163.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Sonoco Prod earns $1.9 in operating income for every $1 of interest expense ($326.6M vs $172.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Sonoco Prod (SON) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Sonoco Prod generated $5.3B in revenue in fiscal year 2024. This represents a decrease of 2.5% from the prior year.
Sonoco Prod's EBITDA was $701.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 24.6% from the prior year.
Sonoco Prod generated $440.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 15.2% from the prior year.
Sonoco Prod reported $163.9M in net income in fiscal year 2024. This represents a decrease of 65.5% from the prior year.
Sonoco Prod earned $1.65 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 65.6% from the prior year.
Sonoco Prod held $431.0M in cash against $5.0B in long-term debt as of fiscal year 2024.
Sonoco Prod paid $2.07 per share in dividends in fiscal year 2024. This represents an increase of 2.5% from the prior year.
Sonoco Prod had 98M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.
Sonoco Prod's gross margin was 21.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.6 percentage points from the prior year.
Sonoco Prod's operating margin was 6.2% in fiscal year 2024, reflecting core business profitability. This is down 4.7 percentage points from the prior year.
Sonoco Prod's net profit margin was 3.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.6 percentage points from the prior year.
Sonoco Prod's ROE was 7.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 12.4 percentage points from the prior year.
Sonoco Prod invested $23.0M in research and development in fiscal year 2024. This represents a decrease of 3.8% from the prior year.
Sonoco Prod spent $9.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 12.9% from the prior year.
Sonoco Prod invested $393.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 8.3% from the prior year.
SON Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1B+11.6% | $1.9B+11.8% | $1.7B+25.4% | $1.4B+0.6% | $1.4B+5.9% | $1.3B-2.3% | $1.3B-2.0% | $1.3B |
| Cost of Revenue | $1.7B+10.6% | $1.5B+11.0% | $1.4B+25.5% | $1.1B+2.4% | $1.1B+6.2% | $993.6M-4.2% | $1.0B+447.9% | $189.4M |
| Gross Profit | $467.4M+15.0% | $406.3M+14.9% | $353.7M+25.0% | $283.0M-5.6% | $299.9M+5.1% | $285.2M+5.2% | $271.2M-5.8% | $288.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $221.0M+1.0% | $218.8M+4.6% | $209.1M-5.2% | $220.5M+37.9% | $159.8M-9.2% | $175.9M+5.0% | $167.6M+62.5% | $103.1M |
| Operating Income | $195.0M+11.0% | $175.7M+38.5% | $126.9M+126.2% | $56.1M-45.1% | $102.1M+6.6% | $95.8M+32.0% | $72.6M+743.4% | $8.6M |
| Interest Expense | $61.2M-4.9% | $64.4M+14.9% | $56.0M+11.8% | $50.1M-18.7% | $61.6M+108.0% | $29.6M-5.1% | $31.2M-11.6% | $35.3M |
| Income Tax | $7.7M-80.5% | $39.5M+86.8% | $21.1M+161.1% | -$34.6M-323.2% | $15.5M-7.4% | $16.8M+112.9% | $7.9M+208.2% | -$7.3M |
| Net Income | $122.9M-75.1% | $493.4M+806.5% | $54.4M+226.7% | -$43.0M-184.4% | $50.9M-43.9% | $90.8M+39.3% | $65.2M-19.8% | $81.2M |
| EPS (Diluted) | $1.23-75.2% | $4.96+801.8% | $0.55+225.0% | $-0.44-186.3% | $0.51-44.6% | $0.92+39.4% | $0.66-19.5% | $0.82 |
SON Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.7B-2.1% | $12.0B-5.6% | $12.7B+1.4% | $12.5B+38.3% | $9.0B+26.4% | $7.2B-0.6% | $7.2B+0.1% | $7.2B |
| Current Assets | $3.2B+3.9% | $3.0B-4.3% | $3.2B-0.1% | $3.2B-19.9% | $4.0B+87.7% | $2.1B+2.4% | $2.1B+0.7% | $2.1B |
| Cash & Equivalents | $244.9M-25.8% | $329.8M+81.4% | $181.8M-57.8% | $431.0M-77.7% | $1.9B+1276.7% | $140.2M-18.6% | $172.2M+24.0% | $138.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.1B+3.5% | $1.1B+6.2% | $994.3M+9.6% | $907.5M-12.9% | $1.0B+8.6% | $960.3M+2.2% | $939.7M+36.9% | $686.3M |
| Goodwill | $2.5B-7.6% | $2.7B+3.4% | $2.6B+2.5% | $2.5B+41.8% | $1.8B+0.6% | $1.8B-1.5% | $1.8B+38.4% | $1.3B |
| Total Liabilities | $8.4B-3.7% | $8.7B-14.7% | $10.2B0.0% | $10.2B+55.7% | $6.6B+39.1% | $4.7B-1.2% | $4.8B+0.4% | $4.8B |
| Current Liabilities | $3.4B+41.1% | $2.4B-39.2% | $4.0B-1.3% | $4.0B+140.6% | $1.7B+3.2% | $1.6B+3.1% | $1.6B+35.4% | $1.2B |
| Long-Term Debt | $3.8B-24.0% | $5.0B+0.2% | $5.0B-0.1% | $5.0B+15.4% | $4.3B+70.0% | $2.5B-3.4% | $2.6B-12.3% | $3.0B |
| Total Equity | $3.3B+2.1% | $3.2B+32.2% | $2.4B+7.8% | $2.3B-8.4% | $2.5B+1.8% | $2.4B+0.6% | $2.4B-0.2% | $2.4B |
| Retained Earnings | $3.1B+2.3% | $3.0B+17.0% | $2.6B+0.1% | $2.6B-3.5% | $2.7B0.0% | $2.7B+1.5% | $2.6B+0.6% | $2.6B |
SON Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $291.5M+50.7% | $193.4M+193.0% | -$208.1M-152.5% | $396.2M+144.3% | $162.1M+48.4% | $109.3M-34.3% | $166.2M-37.5% | $266.0M |
| Capital Expenditures | $65.9M-30.5% | $94.8M+2.3% | $92.7M-24.0% | $121.9M+33.0% | $91.6M-1.7% | $93.2M+7.8% | $86.5M-20.1% | $108.2M |
| Free Cash Flow | $225.6M+128.8% | $98.6M+132.8% | -$300.8M-209.6% | $274.3M+289.0% | $70.5M+340.2% | $16.0M-79.9% | $79.8M-49.5% | $157.8M |
| Investing Cash Flow | -$61.0M-103.5% | $1.7B+2057.4% | -$88.6M+97.7% | -$3.9B-4721.9% | -$81.5M-447.5% | -$14.9M+81.8% | -$81.7M+48.8% | -$159.6M |
| Financing Cash Flow | -$313.5M+82.6% | -$1.8B-6204.9% | $29.6M-98.6% | $2.1B+25.3% | $1.7B+1580.7% | -$115.3M-84.0% | -$62.7M+71.9% | -$222.9M |
| Dividends Paid | $52.2M-0.1% | $52.3M+1.9% | $51.3M+0.4% | $51.1M0.0% | $51.1M-0.2% | $51.2M+2.0% | $50.1M+0.4% | $49.9M |
| Share Buybacks | $4K+33.3% | $3K-100.0% | $10.6M+14187.8% | $74K+640.0% | $10K-56.5% | $23K-99.7% | $9.1M+76058.3% | $12K |
SON Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.9%+0.7pp | 21.3%+0.6pp | 20.7%-0.1pp | 20.8%-1.4pp | 22.1%-0.2pp | 22.3%+1.6pp | 20.7%-0.8pp | 21.6% |
| Operating Margin | 9.2%-0.1pp | 9.2%+1.8pp | 7.4%+3.3pp | 4.1%-3.4pp | 7.5%+0.1pp | 7.5%+1.9pp | 5.5%+4.9pp | 0.6% |
| Net Margin | 5.8%-20.1pp | 25.8%+22.6pp | 3.2%+6.3pp | -3.1%-6.9pp | 3.8%-3.3pp | 7.1%+2.1pp | 5.0%-1.1pp | 6.1% |
| Return on Equity | 3.7%-11.5pp | 15.3%+13.0pp | 2.2% | N/A | 2.1%-1.7pp | 3.7%+1.0pp | 2.7%-0.7pp | 3.4% |
| Return on Assets | 1.1%-3.1pp | 4.1%+3.7pp | 0.4%+0.8pp | -0.3%-0.9pp | 0.6%-0.7pp | 1.3%+0.4pp | 0.9%-0.2pp | 1.1% |
| Current Ratio | 0.92-0.3 | 1.25+0.5 | 0.800.0 | 0.79-1.6 | 2.36+1.1 | 1.300.0 | 1.31-0.5 | 1.76 |
| Debt-to-Equity | 1.15-0.4 | 1.54-0.5 | 2.03-0.2 | 2.19+0.5 | 1.74+0.7 | 1.04-0.0 | 1.09-0.1 | 1.24 |
| FCF Margin | 10.6%+5.4pp | 5.2%+22.8pp | -17.6%-37.7pp | 20.1%+14.9pp | 5.2%+4.0pp | 1.3%-4.9pp | 6.1%-5.7pp | 11.8% |
Note: The current ratio is below 1.0 (0.79), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Sonoco Prod's annual revenue?
Sonoco Prod (SON) reported $5.3B in total revenue for fiscal year 2024. This represents a -2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Sonoco Prod's revenue growing?
Sonoco Prod (SON) revenue declined by 2.5% year-over-year, from $5.4B to $5.3B in fiscal year 2024.
Is Sonoco Prod profitable?
Yes, Sonoco Prod (SON) reported a net income of $163.9M in fiscal year 2024, with a net profit margin of 3.1%.
What is Sonoco Prod's earnings per share (EPS)?
Sonoco Prod (SON) reported diluted earnings per share of $1.65 for fiscal year 2024. This represents a -65.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Sonoco Prod's EBITDA?
Sonoco Prod (SON) had EBITDA of $701.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Sonoco Prod have?
As of fiscal year 2024, Sonoco Prod (SON) had $431.0M in cash and equivalents against $5.0B in long-term debt.
What is Sonoco Prod's gross margin?
Sonoco Prod (SON) had a gross margin of 21.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Sonoco Prod's operating margin?
Sonoco Prod (SON) had an operating margin of 6.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Sonoco Prod's net profit margin?
Sonoco Prod (SON) had a net profit margin of 3.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Sonoco Prod pay dividends?
Yes, Sonoco Prod (SON) paid $2.07 per share in dividends during fiscal year 2024.
What is Sonoco Prod's return on equity (ROE)?
Sonoco Prod (SON) has a return on equity of 7.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Sonoco Prod's free cash flow?
Sonoco Prod (SON) generated $440.6M in free cash flow during fiscal year 2024. This represents a -15.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Sonoco Prod's operating cash flow?
Sonoco Prod (SON) generated $833.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Sonoco Prod's total assets?
Sonoco Prod (SON) had $12.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Sonoco Prod's capital expenditures?
Sonoco Prod (SON) invested $393.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Sonoco Prod spend on research and development?
Sonoco Prod (SON) invested $23.0M in research and development during fiscal year 2024.
Does Sonoco Prod buy back shares?
Yes, Sonoco Prod (SON) spent $9.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Sonoco Prod have outstanding?
Sonoco Prod (SON) had 98M shares outstanding as of fiscal year 2024.
What is Sonoco Prod's current ratio?
Sonoco Prod (SON) had a current ratio of 0.79 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Sonoco Prod's debt-to-equity ratio?
Sonoco Prod (SON) had a debt-to-equity ratio of 2.19 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sonoco Prod's return on assets (ROA)?
Sonoco Prod (SON) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Sonoco Prod's Altman Z-Score?
Sonoco Prod (SON) has an Altman Z-Score of 1.02, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Sonoco Prod's Piotroski F-Score?
Sonoco Prod (SON) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sonoco Prod's earnings high quality?
Sonoco Prod (SON) has an earnings quality ratio of 5.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Sonoco Prod cover its interest payments?
Sonoco Prod (SON) has an interest coverage ratio of 1.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Sonoco Prod?
Sonoco Prod (SON) scores 27 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.