Sonoco Products Co.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Sonoco Products Co. reported revenue of $7.5B (+41.7% year on year) and net income of $1.0B (+512.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net sales | $7.5B | $5.3B | $6.8B | $7.3B |
| Cost of sales | $5.9B | $4.2B | $5.3B | $5.8B |
| Gross profit | $1.6B | $1.1B | $1.4B | $1.4B |
| Selling, general and administrative expenses | $862.2M | $723.8M | $741.9M | $707.3M |
| Restructuring/Asset impairment charges, net | $66.2M | $65.4M | $56.9M | — |
| Gain/(Loss) on divestiture of business and other assets | $371.7M | ($23.5M) | $78.9M | — |
| Operating profit | $1.0B | $326.6M | $715.8M | $675.4M |
| Non-operating pension costs | $12.2M | $13.8M | $14.3M | $7.1M |
| Interest expense | $233.5M | $172.6M | $136.7M | $101.7M |
| Interest income | $20.5M | $27.6M | $10.4M | $4.6M |
| Other (expense)/income, net | ($27.5M) | ($104.2M) | $39.7M | — |
| Income from continuing operations before income taxes | $765.1M | $63.5M | $614.8M | $571.3M |
| Provision for income taxes | $183.6M | $5.5M | $149.3M | $118.5M |
| Income before equity in earnings of affiliates | $581.5M | $58.0M | — | — |
| Equity in earnings of affiliates, net of tax | $9.5M | $9.6M | $10.3M | $14.2M |
| Net income from continuing operations | $591.0M | $67.6M | — | — |
| Net income from discontinued operations | $412.3M | $96.4M | — | — |
| Net income | $1.0B | $163.9M | $475.9M | $467.0M |
| Net (income)/loss from continuing operations attributable to noncontrolling interests | ($375.0K) | $180.0K | — | — |
| Net income from discontinued operations attributable to noncontrolling interests | $0 | ($171.0K) | — | — |
| Net income attributable to Sonoco | $1.0B | $163.9M | $475.0M | $466.4M |
| Basic (in shares) | 99.1M | 98.6M | 98.3M | 98.0M |
| Assuming exercise of awards (in shares) | 447.0K | 653.0K | 596.0K | 741.0K |
| Diluted (in shares) | 99.6M | 99.3M | 98.9M | 98.7M |
| Continuing operations (usd per share) | $5.96 | $0.69 | — | — |
| Discontinued operations (usd per share) | $4.16 | $0.97 | — | — |
| Basic earnings per share attributable to Sonoco (usd per share) | $10.12 | $1.66 | $4.83 | $4.76 |
| Continuing operations (usd per share) | $5.93 | $0.68 | — | — |
| Discontinued operations (usd per share) | $4.14 | $0.97 | — | — |
| Diluted earnings per share attributable to Sonoco (usd per share) | $10.07 | $1.65 | $4.80 | $4.72 |
| Line item | Jun 28, 2026 · Q2 | Mar 29, 2026 · Q1 | Sep 28, 2025 · Q3 | Jun 29, 2025 · Q2 |
|---|---|---|---|---|
| Net sales | $1.9B | $1.7B | $2.1B | $1.9B |
| Cost of sales | $1.5B | $1.3B | $1.7B | $1.5B |
| Gross profit | $392.4M | $345.6M | $467.4M | $406.3M |
| Selling, general and administrative expenses | $200.2M | $201.5M | $221.0M | $218.8M |
| Restructuring/Asset impairment charges, net | $1.9M | $15.1M | $48.4M | $9.8M |
| Gain/(Loss) on divestiture of business | $2.6M | ($1.9M) | ($3.0M) | ($2.1M) |
| Operating profit | $192.8M | $127.1M | $195.0M | $175.7M |
| Non-operating pension costs | $2.9M | $2.5M | $3.1M | $3.0M |
| Interest expense | $45.5M | $44.5M | $61.2M | $64.4M |
| Interest income | $4.1M | $8.7M | $4.6M | $4.1M |
| Other expense, net | ($6.2M) | ($12.3M) | ($7.5M) | ($6.6M) |
| Income from continuing operations before income taxes | $142.3M | $76.4M | $127.8M | $105.9M |
| Provision for income taxes | $39.6M | $9.5M | $7.7M | $39.5M |
| Income before equity in earnings of affiliates | $102.8M | $66.9M | $120.0M | $66.4M |
| Equity in earnings of affiliates, net of tax | $2.3M | $690.0K | $3.0M | $2.3M |
| Net income from continuing operations | $105.0M | $67.6M | $123.1M | $68.7M |
| Net income from discontinued operations | $0 | $0 | $0 | $424.5M |
| Net income | $105.0M | $67.6M | $123.1M | $493.2M |
| Net (income)/loss from continuing operations attributable to noncontrolling interests | ($130.0K) | ($24.0K) | ($147.0K) | $224.0K |
| Net income attributable to Sonoco | $104.9M | $67.6M | $122.9M | $493.4M |
| Basic (in shares) | 99.5M | 99.3M | 99.2M | 99.2M |
| Diluted (in shares) | 99.8M | 99.7M | 99.6M | 99.5M |
| Basic earnings per share attributable to Sonoco (usd per share) | $1.05 | $0.68 | $1.24 | $4.97 |
| Continuing operations (usd per share) | $1.05 | $0.68 | $1.24 | $0.69 |
| Discontinued operations (usd per share) | $0.00 | $0.00 | $0.00 | $4.28 |
| Diluted earnings per share attributable to Sonoco (usd per share) | $1.05 | $0.68 | $1.23 | $4.96 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $378.4M | $431.0M | $151.9M | $227.4M |
| Trade accounts receivable, net of allowances of $12,512 in 2025 and $10,989 in 2024 | $842.8M | $907.5M | $904.9M | $862.7M |
| Other receivables | $178.8M | $175.9M | $106.6M | $99.5M |
| Inventories | $1.1B | — | — | — |
| Prepaid expenses | $125.4M | $197.1M | $113.4M | $76.1M |
| Current assets of discontinued operations | $0 | $450.9M | — | — |
| Total Current Assets | $2.6B | $3.2B | $2.1B | $2.4B |
| Property, Plant and Equipment, Net | $2.8B | $2.7B | $1.9B | $1.7B |
| Goodwill | $2.5B | $2.5B | $1.8B | $1.7B |
| Other Intangible Assets, Net | $2.7B | $2.6B | $853.7M | $741.6M |
| Deferred Income Taxes | $54.4M | $17.4M | $31.3M | $29.9M |
| Right of Use Asset-Operating Leases | $307.4M | $307.7M | $314.9M | $296.8M |
| Other Assets | $161.2M | $208.8M | $224.9M | $237.7M |
| Noncurrent Assets of Discontinued Operations | $0 | $964.3M | — | — |
| Total Assets | $11.2B | $12.5B | $7.2B | $7.1B |
| Payable to suppliers | $1.1B | $1.1B | $707.5M | $818.9M |
| Accrued expenses and other payables | $638.8M | $463.5M | $324.3M | $295.8M |
| Accrued wages and other compensation | $139.0M | $140.9M | $75.7M | $109.8M |
| Notes payable and current portion of long-term debt | $538.0M | $2.1B | $47.1M | — |
| Accrued taxes | $128.8M | $6.8M | $10.6M | $16.9M |
| Current liabilities of discontinued operations | $0 | $242.1M | — | — |
| Total Current Liabilities | $2.5B | $4.0B | $1.2B | $1.7B |
| Long-term Debt | $3.8B | $5.0B | $3.0B | $2.7B |
| Noncurrent Operating Lease Liabilities | $263.2M | $258.7M | $265.5M | $251.0M |
| Pension and Other Postretirement Benefits | $178.0M | $180.8M | $142.9M | $120.1M |
| Deferred Income Taxes | $557.0M | $583.5M | $100.8M | $107.3M |
| Other Liabilities | $214.7M | $60.8M | $49.8M | $38.1M |
| Noncurrent Liabilities of Discontinued Operations | $0 | $113.9M | — | — |
| Total Liabilities | $7.5B | $10.2B | — | — |
| Common shares, no par value Authorized 300,000 shares 98,631 and 98,260 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 7.2M | 7.2M | 7.2M | 7.2M |
| Capital in excess of stated value | $191.9M | $183.3M | $159.0M | $140.5M |
| Accumulated other comprehensive income/(loss) | $37.2M | ($502.7M) | ($366.3M) | ($430.1M) |
| Retained earnings | $3.4B | $2.6B | $2.6B | $2.3B |
| Total Sonoco Shareholders’ Equity | $3.6B | $2.3B | $2.4B | $2.1B |
| Noncontrolling Interests | $18.0M | $14.6M | $7.5M | $7.0M |
| Total Equity | $3.6B | $2.3B | $2.4B | $2.1B |
| Total Liabilities and Equity | $11.2B | $12.5B | $7.2B | $7.1B |
| Line item | Jun 28, 2026 | Mar 29, 2026 | Sep 28, 2025 | Jun 29, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $168.6M | $224.5M | $244.9M | $329.8M |
| Trade accounts receivable, net of allowances | $1.0B | $893.0M | $1.1B | $1.1B |
| Other receivables | $184.1M | $223.9M | $199.8M | $212.0M |
| Finished goods | $469.1M | $424.7M | — | — |
| Work in process | $180.0M | $184.6M | — | — |
| Work in process | $606.4M | $607.5M | $611.6M | $631.8M |
| Prepaid expenses | $167.8M | $184.1M | $136.9M | $155.9M |
| Total Current Assets | $2.8B | $2.7B | $3.2B | $3.0B |
| Property, Plant and Equipment, Net | $2.7B | $2.7B | $2.8B | $2.9B |
| Goodwill | $2.5B | $2.5B | $2.5B | $2.7B |
| Other Intangible Assets, Net | $2.5B | $2.6B | $2.7B | $2.8B |
| Deferred Income Taxes | $23.2M | $30.7M | $85.6M | $94.4M |
| Right of Use Asset-Operating Leases | $302.7M | $308.9M | $288.5M | $318.0M |
| Other Assets | $155.9M | $162.3M | $205.4M | $204.9M |
| Total Assets | $11.0B | $11.1B | $11.7B | $12.0B |
| Payable to suppliers | $1.1B | $988.7M | $1.1B | $1.2B |
| Accrued expenses and other payables | $697.8M | $624.9M | $686.9M | $601.0M |
| Notes payable and current portion of long-term debt | $968.8M | $1.2B | $1.4B | $436.9M |
| Accrued taxes | $38.6M | $29.8M | $165.1M | $171.0M |
| Total Current Liabilities | $2.8B | $2.8B | $3.4B | $2.4B |
| Long-term Debt, Net of Current Portion | $3.5B | $3.5B | $3.8B | $5.0B |
| Noncurrent Operating Lease Liabilities | $259.2M | $264.6M | $244.8M | $268.2M |
| Pension and Other Postretirement Benefits | $169.5M | $176.4M | $182.5M | $183.9M |
| Deferred Income Taxes | $529.7M | $534.9M | $554.6M | $573.9M |
| Other Liabilities | $130.8M | $174.8M | $207.1M | $283.8M |
| Total Liabilities | $7.4B | $7.5B | $8.4B | $8.7B |
| Authorized 300,000 shares 98,869 and 98,634 shares issued and outstanding at June 28, 2026 and December 31, 2025, respectively | 7.2M | 7.2M | 7.2M | 7.2M |
| Capital in excess of stated value | $197.4M | $191.5M | $190.5M | $183.3M |
| Accumulated other comprehensive (loss)/income | ($67.2M) | ($22.5M) | $9.0M | $17.4M |
| Retained earnings | $3.4B | $3.4B | $3.1B | $3.0B |
| Total Sonoco Shareholders’ Equity | $3.6B | $3.6B | $3.3B | $3.2B |
| Noncontrolling Interests | $17.5M | $17.7M | $14.8M | $15.3M |
| Total Equity | $3.6B | $3.6B | $3.3B | $3.3B |
| Total Liabilities and Equity | $11.0B | $11.1B | $11.7B | $12.0B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $1.0B | $163.9M | $475.9M | $467.0M |
| Asset impairments | $12.5M | $17.0M | $26.4M | — |
| Depreciation and amortization | $519.4M | $374.9M | $341.0M | $308.8M |
| Share-based compensation expense | $18.0M | $29.7M | $27.8M | $31.3M |
| Net loss on foreign currency remeasurement | $0 | $113.7M | — | — |
| Equity in earnings of affiliates, net of tax | ($9.5M) | ($9.6M) | ($10.3M) | ($14.2M) |
| Cash dividends from affiliated companies | $24.8M | $11.9M | $9.4M | $8.9M |
| Net gain on disposition of assets | ($22.6M) | ($55.0K) | ($65.9M) | ($6.0M) |
| Net (gain)/loss on divestiture of business | ($978.4M) | $23.5M | ($57.1M) | $0 |
| Gain on remeasurement of investment in affiliated companies | $0 | ($6.0M) | — | — |
| Pension and postretirement plan expense | $17.8M | $17.5M | $17.5M | $10.7M |
| Pension and postretirement plan contributions | ($22.3M) | ($19.6M) | ($14.7M) | ($37.4M) |
| Net decrease in deferred taxes | ($22.8M) | ($55.7M) | ($12.2M) | — |
| Trade accounts receivable | $97.9M | $17.8M | $24.9M | ($2.5M) |
| Inventories | ($80.9M) | ($13.3M) | $342.7M | ($353.5M) |
| Payable to suppliers | ($87.5M) | $123.6M | ($148.8M) | $27.2M |
| Prepaid expenses | $42.4M | ($19.1M) | $1.4M | $33.7M |
| Income taxes payable and other income tax items | $126.0M | ($11.3M) | ($28.3M) | $5.5M |
| Accrued expenses and other assets and liabilities | $51.5M | $75.1M | ($46.7M) | $17.9M |
| Net cash provided by operating activities | $689.8M | $833.8M | $882.9M | $509.0M |
| Purchases of property, plant and equipment | ($344.0M) | ($393.2M) | ($363.1M) | ($328.8M) |
| Cash received in final net working capital settlement of acquisition | $16.5M | — | — | — |
| Proceeds from the sale of business, net | $2.5B | $81.0M | $33.2M | $0 |
| Proceeds from the sale of assets, net | $47.0M | $15.6M | $80.3M | $9.6M |
| Proceeds from settlement of net investment hedge | $0 | $9.1M | — | — |
| Cash settlement of forward contract | $0 | ($34.4M) | — | — |
| Investments in affiliated companies and other net investing proceeds | $6.5M | $10.0M | — | — |
| Net cash provided/(used) by investing activities | $2.2B | ($4.1B) | ($619.3M) | ($1.7B) |
| Proceeds from issuance of debt | $66.7M | $4.1B | $962.6M | $2.2B |
| Principal repayment of debt | ($2.8B) | ($151.5M) | ($1.1B) | ($285.5M) |
| Net (decrease)/increase in book cash overdrafts | ($3.7M) | ($8.7M) | $6.4M | ($18.5M) |
| Payment of loan financing costs | $0 | ($19.0M) | — | — |
| Payment of contingent consideration | $0 | ($948.0K) | — | $0 |
| Dividends paid to noncontrolling interests | ($243.0K) | — | $0 | $0 |
| Cash dividends | ($208.1M) | ($203.5M) | ($197.4M) | ($187.1M) |
| Payments for share repurchases | ($10.9M) | ($9.2M) | ($10.6M) | ($4.5M) |
| Net cash (used)/provided by financing activities | ($3.0B) | $3.7B | ($352.0M) | $1.3B |
| Effects of Exchange Rate Changes on Cash | $36.4M | ($105.6M) | $12.9M | ($5.4M) |
| (Decrease)/Increase in Cash and Cash Equivalents | ($64.7M) | $291.1M | ($75.5M) | $56.5M |
| Cash and cash equivalents at beginning of year | $443.1M | $151.9M | $227.4M | $171.0M |
| Cash and cash equivalents at end of year | $378.4M | $443.1M | $151.9M | $227.4M |
| Non-cash additions to property, plant and equipment | $26.4M | $29.6M | $23.2M | $20.3M |
| Interest paid, net of amounts capitalized | $260.5M | $151.2M | $135.9M | $88.2M |
| Income taxes paid, net of refunds | $264.9M | $92.4M | $189.8M | $122.9M |
| Line item | Jun 28, 2026 · YTD | Mar 29, 2026 · Q1 | Sep 28, 2025 · YTD | Jun 29, 2025 · YTD |
|---|---|---|---|---|
| Net income | $172.6M | $67.6M | $670.8M | $547.7M |
| Asset impairments | $3.6M | $3.1M | $11.4M | $6.3M |
| Depreciation and amortization | $256.1M | $125.0M | $382.6M | $251.0M |
| Share-based compensation expense | $11.9M | $6.2M | $16.7M | $10.0M |
| Equity in earnings of affiliates, net of tax | ($3.0M) | ($690.0K) | ($7.2M) | ($4.2M) |
| Cash dividends from affiliated companies | $4.4M | — | $4.9M | $5.7M |
| Net loss on disposition of assets | $1.4M | $749.0K | $3.8M | $635.0K |
| Net gain on divestiture of business | ($775.0K) | $1.9M | ($616.5M) | ($619.5M) |
| Pension and postretirement plan expense | $7.8M | $3.8M | $13.1M | $8.7M |
| Pension and postretirement plan contributions | ($10.4M) | ($4.8M) | ($16.7M) | ($10.5M) |
| Net increase/(decrease) in deferred taxes | $2.5M | ($2.8M) | ($64.7M) | ($55.6M) |
| Trade accounts receivable | ($180.6M) | ($56.8M) | ($145.1M) | ($67.7M) |
| Inventories | ($152.1M) | ($105.7M) | ($108.5M) | ($203.8M) |
| Payable to suppliers | $31.6M | ($81.8M) | ($46.1M) | $8.1M |
| Prepaid expenses | ($33.6M) | ($48.1M) | $31.1M | $9.0M |
| Income taxes payable and other income tax items | ($100.7M) | ($122.2M) | $192.1M | $197.7M |
| Accrued expenses and other assets and liabilities | ($78.1M) | ($153.4M) | ($44.8M) | ($98.2M) |
| Net cash used by operating activities | ($67.3M) | ($367.9M) | $276.9M | ($14.7M) |
| Purchases of property, plant and equipment | ($125.8M) | ($62.1M) | ($253.4M) | ($187.5M) |
| Cost of acquisition, net of cash acquired | $0 | — | $16.5M | $16.5M |
| Proceeds from the sale of business, net | ($13.1M) | ($17.1M) | $1.8B | $1.8B |
| Proceeds from the sale of assets, net | $1.9M | $1.7M | $5.2M | $1.1M |
| Investments in affiliated companies and other net investing proceeds | $4.5M | $1.3M | $1.1M | — |
| Net cash (used)/provided by investing activities | ($132.5M) | ($76.1M) | $1.6B | $1.6B |
| Proceeds from issuance of debt | $38.7M | $24.1M | $54.5M | $37.0M |
| Principal repayment of debt | ($38.1M) | ($9.1M) | ($2.1B) | ($2.1B) |
| Net change in commercial paper | $116.0M | $344.0M | $90.0M | $354.6M |
| Net increase in book cash overdrafts | $3.9M | $2.9M | $14.7M | $6.5M |
| Payment of loan financing costs | ($506.0K) | ($356.0K) | $0 | $0 |
| Dividends paid to noncontrolling interests | $0 | $0 | ($243.0K) | ($243.0K) |
| Cash dividends | ($105.8M) | ($52.4M) | ($155.8M) | ($103.6M) |
| Payments for share repurchases | ($7.0M) | ($7.0M) | ($10.6M) | ($10.6M) |
| Net cash provided/(used) by financing activities | $7.1M | $302.2M | ($2.1B) | ($1.8B) |
| Effects of Exchange Rate Changes on Cash | ($17.1M) | ($12.1M) | $31.9M | $32.9M |
| Net Decrease in Cash and Cash Equivalents | ($209.8M) | ($153.9M) | ($197.2M) | ($113.3M) |
| Cash and cash equivalents at beginning of period | $378.4M | $378.4M | $443.1M | $443.1M |
| Cash and cash equivalents at end of period | $168.6M | $224.5M | $245.9M | $329.8M |
Sonoco Products Co. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.