Sonoco Financial Statements From 2010 to 2024

SON Stock  USD 50.15  0.18  0.36%   
Sonoco Products financial statements provide useful quarterly and yearly information to potential Sonoco Products investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sonoco Products financial statements helps investors assess Sonoco Products' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sonoco Products' valuation are summarized below:
Gross Profit
1.5 B
Profit Margin
0.0438
Market Capitalization
4.9 B
Enterprise Value Revenue
1.2249
Revenue
6.6 B
We have found one hundred twenty available fundamental trend indicators for Sonoco Products, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Sonoco Products' current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 5.2 B. Also, Enterprise Value is likely to grow to about 8.2 B

Sonoco Products Total Revenue

3.84 Billion

Check Sonoco Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonoco Products' main balance sheet or income statement drivers, such as Depreciation And Amortization of 178 M, Total Revenue of 3.8 B or Gross Profit of 798.9 M, as well as many indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0243 or PTB Ratio of 2.17. Sonoco financial statements analysis is a perfect complement when working with Sonoco Products Valuation or Volatility modules.
  
Check out the analysis of Sonoco Products Correlation against competitors.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

Sonoco Products Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.6 B7.2 B4.8 B
Slightly volatile
Short and Long Term Debt Total3.5 B3.3 B1.7 B
Slightly volatile
Total Current Liabilities744.8 M1.2 BB
Slightly volatile
Total Stockholder Equity1.3 B2.4 B1.6 B
Slightly volatile
Property Plant And Equipment Net2.3 B2.2 B1.3 B
Slightly volatile
Net Debt3.4 B3.2 B1.5 B
Slightly volatile
Retained Earnings2.8 B2.6 B1.9 B
Slightly volatile
Cash127.2 M151.9 M209.9 M
Very volatile
Non Current Assets Total5.4 B5.1 B3.2 B
Slightly volatile
Non Currrent Assets Other250.4 M224.9 M254 M
Slightly volatile
Cash And Short Term Investments127.2 M151.9 M209.9 M
Very volatile
Net Receivables516.6 MB710.6 M
Slightly volatile
Common Stock Shares Outstanding110.4 M98.9 M101.5 M
Pretty Stable
Liabilities And Stockholders Equity7.6 B7.2 B4.8 B
Slightly volatile
Non Current Liabilities Total3.8 B3.6 BB
Slightly volatile
Inventory812.2 M773.5 M508.6 M
Slightly volatile
Other Current Assets69.2 M113.4 M69.1 M
Pretty Stable
Other Stockholder Equity167 M159 M290.4 M
Slightly volatile
Total LiabilitiesB4.8 BB
Slightly volatile
Total Current Assets1.1 B2.1 B1.5 B
Slightly volatile
Short Term Debt44.8 M47.1 M195.1 M
Slightly volatile
Intangible Assets896.4 M853.7 M384.7 M
Slightly volatile
Accounts Payable485.4 M707.5 M697.8 M
Pretty Stable
Property Plant And Equipment Gross5.5 B5.3 B1.7 B
Slightly volatile
Common Stock Total Equity5.7 M6.5 MM
Slightly volatile
Other Liabilities426.2 M305.3 M445.3 M
Very volatile
Other Assets0.951.0190.4 M
Very volatile
Long Term Debt3.2 BB1.5 B
Slightly volatile
Good Will1.1 B1.8 B1.2 B
Slightly volatile
Property Plant Equipment1.2 B2.3 B1.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity12.6 M10.9 M14.9 M
Slightly volatile
Retained Earnings Total EquityB2.4 B1.9 B
Slightly volatile
Long Term Debt Total3.3 B3.1 B1.5 B
Slightly volatile
Capital Surpluse120.2 M126.5 M310.7 M
Slightly volatile
Deferred Long Term Liabilities71.5 M81.1 M66.9 M
Slightly volatile
Non Current Liabilities Other47.3 M49.8 M324.2 M
Slightly volatile
Deferred Long Term Asset Charges47.9 M37.9 M50.5 M
Slightly volatile
Long Term Investments73.3 M48.9 M86.1 M
Slightly volatile
Short and Long Term Debt44.8 M47.1 M180.7 M
Slightly volatile
Cash And Equivalents273.6 M261.6 M254.6 M
Very volatile
Net Invested Capital3.7 B5.5 B3.3 B
Slightly volatile
Net Working Capital483.6 M885.1 M500.4 M
Pretty Stable
Capital Stock5.7 M6.5 MM
Slightly volatile
Capital Lease Obligations278.7 M265.5 M255.4 M
Slightly volatile

Sonoco Products Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization178 M341 M218.4 M
Slightly volatile
Total Revenue3.8 B6.8 BB
Slightly volatile
Gross Profit798.9 M1.4 B953.7 M
Slightly volatile
Other Operating Expenses3.5 B6.1 B4.5 B
Slightly volatile
EBITDA521.5 MB612.9 M
Slightly volatile
Cost Of RevenueB5.3 BB
Slightly volatile
Total Operating Expenses436 M719.9 M504 M
Slightly volatile
Selling General Administrative480.6 M741.9 M559.7 M
Slightly volatile
Research Development21.1 M29.3 M22.3 M
Slightly volatile
Non Recurring15.5 M16.3 M38.6 M
Very volatile
Interest Income7.5 M7.8 M39.2 M
Pretty Stable
Reconciled Depreciation286.5 M327.1 M242.2 M
Slightly volatile
Selling And Marketing Expenses13.6 M14.3 M44.4 M
Pretty Stable

Sonoco Products Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow545.8 M519.8 M272.2 M
Slightly volatile
Begin Period Cash Flow135.3 M227.4 M211 M
Pretty Stable
Depreciation207 M341 M247.9 M
Slightly volatile
Dividends Paid113.4 M197.4 M142.8 M
Slightly volatile
Capital Expenditures190.1 M363.1 M202.6 M
Slightly volatile
Total Cash From Operating Activities927.1 M882.9 M487.5 M
Slightly volatile
End Period Cash Flow140 M151.9 M211.2 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.710.81520.8993
Slightly volatile
Dividend Yield0.02430.03570.0304
Pretty Stable
PTB Ratio2.172.28032.7324
Slightly volatile
Days Sales Outstanding37.754.445850.4321
Pretty Stable
Book Value Per Share25.8124.576517.15
Slightly volatile
Free Cash Flow Yield0.09870.0940.0557
Slightly volatile
Operating Cash Flow Per Share9.378.92294.8793
Slightly volatile
Average Payables404.4 M457.5 M496.2 M
Slightly volatile
Stock Based Compensation To Revenue0.00230.00410.0028
Slightly volatile
Capex To Depreciation1.281.06481.2074
Pretty Stable
PB Ratio2.172.28032.7324
Slightly volatile
EV To Sales0.891.28661.1388
Slightly volatile
Free Cash Flow Per Share5.525.25362.72
Slightly volatile
Inventory Turnover6.96.9118.6546
Slightly volatile
Days Of Inventory On Hand47.552.814643.2703
Slightly volatile
Payables Turnover10.97.55588.0635
Very volatile
Sales General And Administrative To Revenue0.0880.10940.1079
Pretty Stable
Research And Ddevelopement To Revenue0.00480.00430.0043
Very volatile
Capex To Revenue0.05580.05350.0425
Very volatile
Cash Per Share0.931.53552.071
Very volatile
POCF Ratio7.916.261410.8871
Very volatile
Capex To Operating Cash Flow0.610.41120.5016
Very volatile
PFCF Ratio16.7910.634627.8613
Very volatile
Days Payables Outstanding32.3548.307445.8114
Pretty Stable
EV To Operating Cash Flow9.969.881813.8301
Pretty Stable
EV To Free Cash Flow21.0416.783735.3563
Very volatile
Intangibles To Total Assets0.390.37050.3283
Slightly volatile
Net Debt To EBITDA3.233.0762.489
Slightly volatile
Current Ratio1.691.75961.4995
Slightly volatile
Receivables Turnover8.666.70397.2885
Pretty Stable
Graham Number54.0151.4431.5839
Slightly volatile
Shareholders Equity Per Share25.7324.500717.1124
Slightly volatile
Debt To Equity1.341.27170.8918
Slightly volatile
Capex Per Share3.853.66932.1593
Slightly volatile
Revenue Per Share71.9668.532751.7403
Slightly volatile
Interest Debt Per Share34.1732.538617.0506
Slightly volatile
Debt To Assets0.240.42870.3078
Slightly volatile
Enterprise Value Over EBITDA7.258.39611.5279
Slightly volatile
Short Term Coverage Ratios19.6718.73296.6244
Pretty Stable
Operating Cycle72.2410792.8383
Slightly volatile
Price Book Value Ratio2.172.28032.7324
Slightly volatile
Days Of Payables Outstanding32.3548.307445.8114
Pretty Stable
Price To Operating Cash Flows Ratio7.916.261410.8871
Very volatile
Price To Free Cash Flows Ratio16.7910.634627.8613
Very volatile
Ebt Per Ebit0.670.8590.9203
Pretty Stable
Company Equity Multiplier1.982.96662.6303
Slightly volatile
Long Term Debt To Capitalization0.310.5560.4084
Slightly volatile
Total Debt To Capitalization0.340.55980.4423
Slightly volatile
Debt Equity Ratio1.341.27170.8918
Slightly volatile
Quick Ratio1.111.09581.0051
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.061.57531.2893
Very volatile
Net Income Per E B T0.530.77250.6993
Very volatile
Cash Ratio0.130.13040.204
Slightly volatile
Cash Conversion Cycle59.4158.95351.3064
Very volatile
Operating Cash Flow Sales Ratio0.110.13020.091
Pretty Stable
Days Of Inventory Outstanding47.552.814643.2703
Slightly volatile
Days Of Sales Outstanding37.754.445850.4321
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.360.58880.4964
Very volatile
Cash Flow Coverage Ratios0.440.28640.3475
Slightly volatile
Price To Book Ratio2.172.28032.7324
Slightly volatile
Fixed Asset Turnover2.823.05314.1121
Slightly volatile
Capital Expenditure Coverage Ratio1.752.43182.2406
Very volatile
Price Cash Flow Ratio7.916.261410.8871
Very volatile
Enterprise Value Multiple7.258.39611.5279
Slightly volatile
Debt Ratio0.240.42870.3078
Slightly volatile
Cash Flow To Debt Ratio0.440.28640.3475
Slightly volatile
Price Sales Ratio0.710.81520.8993
Slightly volatile
Asset Turnover1.380.94291.1761
Slightly volatile
Gross Profit Margin0.240.21170.1969
Slightly volatile
Price Fair Value2.172.28032.7324
Slightly volatile

Sonoco Products Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.2 BB4.7 B
Slightly volatile
Enterprise Value8.2 B7.9 B8.1 B
Slightly volatile

Sonoco Fundamental Market Drivers

Forward Price Earnings8.9206
Cash And Short Term Investments151.9 M

Sonoco Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Sonoco Products Financial Statements

Sonoco Products investors utilize fundamental indicators, such as revenue or net income, to predict how Sonoco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue20.2 M21.2 M
Total Revenue6.8 B3.8 B
Cost Of Revenue5.3 BB
Sales General And Administrative To Revenue 0.11  0.09 
Capex To Revenue 0.05  0.06 
Revenue Per Share 68.53  71.96 
Ebit Per Revenue 0.11  0.10 

Pair Trading with Sonoco Products

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonoco Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonoco Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sonoco Stock

  0.84AVY Avery Dennison CorpPairCorr

Moving against Sonoco Stock

  0.82ELMSQ Electric Last MilePairCorr
  0.73IP International PaperPairCorr
  0.7KRT Karat PackagingPairCorr
  0.68PKG Packaging Corp Fiscal Year End 22nd of January 2025 PairCorr
  0.64DRVN Driven Brands HoldingsPairCorr
The ability to find closely correlated positions to Sonoco Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonoco Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonoco Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonoco Products to buy it.
The correlation of Sonoco Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonoco Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonoco Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonoco Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out the analysis of Sonoco Products Correlation against competitors.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonoco Products. If investors know Sonoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
2.06
Earnings Share
2.91
Revenue Per Share
66.695
Quarterly Revenue Growth
(0.02)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.