Sonoco Operating Profit Margin from 2010 to 2024
SON Stock | USD 50.92 0.77 1.54% |
Operating Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.10555363 | Current Value 0.1 | Quarterly Volatility 0.02806057 |
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.
Sonoco | Operating Profit Margin |
Latest Sonoco Products' Operating Profit Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Sonoco Products over the last few years. It is Sonoco Products' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonoco Products' overall financial position and show how it may be relating to other accounts over time.
Operating Profit Margin | 10 Years Trend |
|
Operating Profit Margin |
Timeline |
Sonoco Operating Profit Margin Regression Statistics
Arithmetic Mean | 0.08 | |
Coefficient Of Variation | 34.17 | |
Mean Deviation | 0.01 | |
Median | 0.09 | |
Standard Deviation | 0.03 | |
Sample Variance | 0.0008 | |
Range | 0.1236 | |
R-Value | (0.09) | |
Mean Square Error | 0.0008 | |
R-Squared | 0.01 | |
Significance | 0.75 | |
Slope | (0.0006) | |
Total Sum of Squares | 0.01 |
Sonoco Operating Profit Margin History
About Sonoco Products Financial Statements
Sonoco Products investors utilize fundamental indicators, such as Operating Profit Margin, 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 Reported | Projected for Next Year | ||
Operating Profit Margin | 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
Moving against Sonoco Stock
0.82 | PKG | Packaging Corp Fiscal Year End 22nd of January 2025 | PairCorr |
0.8 | IP | International Paper | PairCorr |
0.77 | KRT | Karat Packaging | PairCorr |
0.73 | BERY | Berry Global Group Sell-off Trend | PairCorr |
0.73 | DRVN | Driven Brands Holdings | PairCorr |
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.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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.