Loading…
Global packaging maker producing paperboard tubes, cans, and rigid/flexible packaging for industrial and consumer goods.
Global packaging maker producing paperboard tubes, cans, and rigid/flexible packaging for industrial and consumer goods.
Sells packaging made to customer specification under supply contracts, often with raw-material costs for paper, steel and resin passed through by formula, so volumes matter more than price. Paper tubes and cores for industrial users and cans for food are the traditional base. Its Eviosys purchase moved it further toward metal food packaging.
Moat: narrow (scale, switching costs, installed base). Global plant network and long-standing supply contracts with industrial and food customers.
Headquarters: Hartsville, South Carolina, US · Founded: 1899 · Employees: 22,000
Size Sonoco Products (SON) is a United States Materials company (Containers/Packaging) with a market value of $4.99B, the 1191st largest of 3,117 United States companies the cockpit tracks. Shares closed at $50.43 on 6 Nov 2026.
Performance Over six months the shares fell 2.2%, against +0.1% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 3.6% over the last twelve months (peer median +2.1%); the operating margin is 9.5% (peer median 8.2%).
Valuation It trades at 9.0× forward earnings against a peer median of 16.8× (2nd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.6 points above its cost of capital (6.0% WACC).
Credit Sonoco Products has 6 bonds outstanding ($3.24B), rated BBB- by the agencies and trading like BBB+ at a weighted spread of 87 bp.
Short interest Short interest is 12.1% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $7.37B | $7.51B | $5.31B | $5.43B | $7.25B |
| Revenue growth | — | +42% | -2% | -25% | — |
| Gross profit | $1.49B | $1.59B | $1.14B | $1.21B | $1.49B |
| EBITDA | $1.23B | $1.29B | $912M | $943M | $1.13B |
| Net income | -$208M | $396M | $164M | $475M | $466M |
| Free cash flow | $351M | $346M | $441M | $520M | $180M |
| Capital expenditure | $279M | $344M | $393M | $363M | $329M |
| Total debt | $4.61B | $4.64B | $7.35B | $3.27B | $3.53B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Sonoco Products SON | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% |
| Greif GEF | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% |
| International Paper IP | $18.3B | +6% | +3% | 3% | 15.8× | 26.4% |
| Silgan SLGN | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% |
| Graphic Packaging GPK | $3.31B | +5% | 0% | 6% | 12.3× | 5.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SON | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.2% | +2.0% | 8th highest of 21 |
| 6-month return | -2.2% | +0.1% | 8th lowest of 21 |
| Distance from 52-week high | -16.9% | -19.6% | 7th highest of 21 |
| Revenue growth (TTM) | +3.6% | +2.1% | 10th highest of 21 |
| Operating margin | 9.5% | 8.2% | 8th highest of 21 |
| Forward P/E | 9.0× | 16.8× | 2nd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -1.9% | 4.3% | 6th least demanding of 18 |
| Growth delivered (Del g) | +7.5% | +6.5% | 7th highest of 18 |
| Hurdle (Req g minus delivered) | -9.4 pp | -3.9 pp | 6th least demanding of 18 |
| ROIC minus cost of capital | +1.6 pp | +0.2 pp | 9th highest of 21 |
| EV / EBITDA | 7.7× | 8.7× | 6th cheapest of 16 |
| Net debt / EBITDA | 3.6× | 2.9× | 7th most indebted of 17 |
| Bond spread | 87 bp | 125 bp | 3rd tightest of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sonoco Products SON | United States | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% | +7.5% |
| Shenzhen YUTO Packaging Technology 002831.SZ | China | $5.19B | 0% | +1% | 11% | 20.8× | -0.4% | +7.9% |
| Mondi MNDI.L | United Kingdom | $4.69B | +5% | +5% | 4% | 36.1× | 15.4% | +2.1% |
| Jiangsu Sidike New Materials Science & Technology 300806.SZ | China | $5.33B | -17% | +12% | 4% | 154.7× | n/a | n/a |
| Silgan SLGN | United States | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% | +5.7% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| China International Marine Containers (Group) 2039.HK | Hong Kong | $6.11B | -35% | +6% | 4% | 12.7× | -8.1% | +9.9% |
| Greif GEF | United States | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% | -4.7% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% | +8.2% |
| SIG SIGN.SW | Switzerland | $7.07B | +23% | -5% | 5% | 20.5× | 18.4% | +9.4% |
| Graphic Packaging GPK | United States | $3.31B | +5% | 0% | 6% | 12.3× | 5.0% | +5.6% |
| Yunnan Energy New Material (Group) 002812.SZ | China | $7.55B | -38% | +50% | 17% | 19.8× | 7.8% | +26.1% |
| Huhtamaki HUH1V.HE | Finland | $3.12B | -1% | -2% | 9% | 11.0× | -6.3% | +3.7% |
| Stora Enso STEAV.HE | Finland | $8.58B | 0% | -1% | -4% | 18.4× | n/a | n/a |
| Viscofan VIS.MC | Spain | $2.86B | -5% | +3% | 15% | 16.6× | -3.4% | +6.5% |
| Ardagh Metal Packaging AMBP | United States | $2.82B | +18% | +17% | 5% | 17.0× | 4.1% | +9.8% |
| Nine Dragons Paper 2689.HK | Hong Kong | $2.76B | -29% | +22% | 9% | 4.4× | n/a | n/a |
| AptarGroup ATR | United States | $9.03B | +18% | +9% | 12% | 23.4× | 4.3% | +5.2% |
| Owens Corning OC | United States | $9.59B | 0% | -11% | 14% | 15.3× | 3.6% | +7.4% |
| Verallia SAS VRLA.PA | France | $2.56B | -10% | -3% | 9% | 14.7× | 5.6% | +5.6% |
Sonoco Products has 6 bonds outstanding with $3.24B face value. The agencies rate it BBB-; its bonds trade like BBB+. Weighted yield 5.58%, a spread of 87 bp over government bonds.