Can Sonoco Products cover its short-term obligations?

Its current ratio is 0.96 — current liabilities exceed current assets.

Where does Sonoco Products's balance sheet data come from?

Every line is extracted from Sonoco Products's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Sonoco Products SON Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$224.48M-40.7%	$378.4M+53.9%	$245.87M-25.4%	$329.8M+72.0%	$191.72M-56.7%
Accounts receivable, net	$893.04M+6.0%	$842.81M-22.9%	$1.09B+3.5%	$1.06B+6.2%	$994.29M+9.6%
Prepaid expenses and other current assets	$184.14M+46.9%	$125.35M-8.5%	$136.94M-12.1%	$155.86M-22.4%	$200.87M+1.9%
Raw materials	$607.49M+3.1%	$589.39M-3.6%	$611.55M-3.2%	$631.77M+13.1%	$558.67M+7.0%
Work in process	——	——	——	——	——
Finished goods	——	——	——	——	——
Total current assets	$2.74B+3.6%	$2.65B-16.2%	$3.16B+3.9%	$3.04B-4.3%	$3.17B-0.1%
Property and equipment, net	$2.74B-2.0%	$2.8B+0.4%	$2.79B-3.4%	$2.88B+3.9%	$2.78B+2.1%
Accumulated depreciation	$545.24M+7.7%	$506.08M+10.5%	$458.19M-6.7%	$491M+12.8%	$435.24M+11.7%
Operating lease right-of-use assets	$308.94M+0.5%	$307.45M+6.6%	$288.49M-9.3%	$318.04M-3.5%	$329.6M+7.1%
Goodwill	$2.48B-1.2%	$2.51B+1.5%	$2.47B-7.6%	$2.68B+3.4%	$2.59B+2.5%
Intangible assets, net	$2.6B-3.1%	$2.68B-1.4%	$2.72B-1.2%	$2.76B+5.0%	$2.62B+1.4%
Deferred tax assets	$534.9M-4.0%	$557.03M+0.4%	$554.58M-3.4%	$573.92M-0.8%	$578.68M-0.8%
Other non-current assets	$162.33M+0.7%	$161.23M-21.5%	$205.38M+0.2%	$204.89M+4.0%	$197M-5.6%
Total assets	$11.07B-0.8%	$11.16B-4.7%	$11.72B-2.1%	$11.97B-5.6%	$12.68B+1.4%
Accounts payable	$988.75M-8.8%	$1.08B-4.4%	$1.13B-6.6%	$1.21B+18.7%	$1.02B-9.5%
Accrued expenses	$624.93M-19.6%	$777.75M+13.2%	$686.89M+14.3%	$600.99M+9.0%	$551.45M+291%
Current portion of long-term debt	$1.2B+124%	$537.95M-60.7%	$1.37B+213%	$436.88M-79.7%	$2.15B+4.5%
Operating lease liabilities, current	$53.76M-0.4%	$53.98M+3.5%	$52.14M-8.3%	$56.85M-0.5%	$57.12M+8.5%
Finance Lease Liability, Current	——	——	——	——	——
Contract liabilities	$41.26M-29.8%	$58.78M+10.2%	$53.32M+25.4%	$42.52M-2.1%	$43.43M-27.6%
Income taxes payable	$29.85M-76.8%	$128.82M-22.0%	$165.09M-3.5%	$171.05M+660%	$22.52M+233%
Total current liabilities	$2.85B+12.6%	$2.53B-26.1%	$3.42B+41.1%	$2.42B-39.2%	$3.99B-1.3%
Long-term debt	$4.69B+8.4%	$4.33B-16.1%	$5.16B-4.9%	$5.42B-23.9%	$7.13B+1.2%
Operating lease liabilities, non-current	$264.6M+0.5%	$263.19M+7.5%	$244.79M-8.7%	$268.18M-3.5%	$277.93M+7.4%
Finance Lease Liabilities (Total)	$53.14M-0.8%	$53.54M-16.8%	$64.35M-6.6%	$68.93M+15.1%	$59.88M—
Finance lease liabilities	$41.1M-2.0%	$41.93M+2.1%	$41.06M-6.9%	$44.08M+24.2%	$35.5M-21.7%
Other non-current liabilities	$174.75M-18.6%	$214.65M+3.6%	$207.12M-27.0%	$283.75M+140%	$118.13M+94.1%
Total liabilities	$7.48B-0.6%	$7.53B-10.3%	$8.4B—	——	——
Common stock	300M0.0%	300M0.0%	300M0.0%	300M0.0%	300M+4,081%
Additional paid-in capital	$191.48M-0.2%	$191.86M+0.7%	$190.54M+3.9%	$183.34M+2.6%	$178.78M-2.4%
Retained earnings	$3.39B+0.4%	$3.38B+9.0%	$3.1B+2.3%	$3.03B+17.0%	$2.59B+0.1%
Accumulated other comprehensive income (loss)	-$22.49M-160%	$37.2M+313%	$9.02M-48.1%	$17.36M+105%	-$324.57M+35.4%
Noncontrolling interests	$17.69M-1.4%	$17.95M+21.3%	$14.79M-3.4%	$15.31M+11.3%	$13.75M-5.8%
Total stockholders' equity	$3.57B-1.3%	$3.61B+9.4%	$3.3B+2.1%	$3.24B+32.2%	$2.45B+7.8%
Total liabilities and stockholders' equity	$11.07B-0.8%	$11.16B-4.7%	$11.72B-2.1%	$11.97B-5.6%	$12.68B+1.4%
Finished goods	——	——	——	——	——
Materials and supplies	$607.49M+3.1%	$589.39M-3.6%	$611.55M-3.2%	$631.77M+13.1%	$558.67M+7.0%
Other Receivables	$223.94M+25.3%	$178.76M-10.5%	$199.76M-5.8%	$211.96M+10.7%	$191.51M+8.9%
Deferred Tax Assets and Other Non-Current Assets	$162.33M+0.7%	$161.23M-21.5%	$205.38M+0.2%	$204.89M+4.0%	$197M-5.6%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——	——
Finite Lived Intangible Assets - Gross	$3.15B-1.4%	$3.19B+0.3%	$3.18B-2.1%	$3.25B+6.1%	$3.06B+2.8%
Indefinite-Lived Intangible Assets	——	——	——	——	——
Indefinite-Lived Intangible Assets, Gross	——	——	——	——	——
Indefinite-Lived Research and Development Assets	——	——	——	——	——
Indefinite-Lived Trademarks	——	——	——	——	——
Net Investment in Lease	$308.94M+0.5%	$307.45M+6.6%	$288.49M-9.3%	$318.04M-3.5%	$329.6M+7.1%
Deferred tax assets	$30.67M-43.7%	$54.45M-36.4%	$85.64M-9.3%	$94.41M+535%	$14.88M-14.4%
Other intangible assets—net	$2.6B-3.1%	$2.68B-1.4%	$2.72B-1.2%	$2.76B+5.0%	$2.62B+1.4%
Operating lease right-of-use assets	$308.94M+0.5%	$307.45M+6.6%	$288.49M-9.3%	$318.04M-3.5%	$329.6M+7.1%
Other non-current assets	$162.33M+0.7%	$161.23M-21.5%	$205.38M+0.2%	$204.89M+4.0%	$197M-5.6%
Operating Lease Right-of-Use Assets in Other Assets	$308.94M+0.5%	$307.45M+6.6%	$288.49M-9.3%	$318.04M-3.5%	$329.6M+7.1%
Software and Technology Licenses, Net	$162.33M+0.7%	$161.23M-21.5%	$205.38M+0.2%	$204.89M+4.0%	$197M-5.6%
Accrued Manufacturing Costs	——	——	——	——	——
Other Commercial Liabilities	$624.93M-19.6%	$777.75M+13.2%	$686.89M+14.3%	$600.99M+9.0%	$551.45M+19.0%
Accrued Income Taxes, Current	$29.85M-76.8%	$128.82M-22.0%	$165.09M-3.5%	$171.05M+660%	$22.52M+233%
Accrued Liabilities, Current	$624.93M-19.6%	$777.75M+13.2%	$686.89M+14.3%	$600.99M+9.0%	$551.45M+19.0%
Compensation and benefits	——	——	——	——	——
Current Portion of Long-Term Debt and Finance Lease Obligations	$1.2B+124%	$537.95M-60.7%	$1.37B+213%	$436.88M-79.7%	$2.15B—
Restructuring Reserve	——	——	——	——	——
Supplier Finance Program Obligations	$42.77M-19.5%	$53.12M+66.2%	$31.97M—	——	——
Defined Benefit Pension Plan Liabilities (Non-Current)	$176.37M-0.9%	$177.98M-2.5%	$182.55M-0.8%	$183.93M+0.4%	$183.28M+1.4%
Long-Term Debt and Finance Lease Obligations	$3.49B-8.0%	$3.79B0.0%	$3.79B-24.0%	$4.99B+0.2%	$4.98B—
Retirement and nonpension postretirement benefit obligations	$176.37M-0.9%	$177.98M-2.5%	$182.55M-0.8%	$183.93M+0.4%	$183.28M+1.4%
Total debt	$6.26B+19.6%	$5.24B-24.0%	$6.89B+10.1%	$6.25B-35.3%	$9.67B+2.1%
Common Stock Shares Issued	98.9M+0.2%	98.6M0.0%	98.6M0.0%	98.6M0.0%	98.6M+0.4%
Additional paid-in capital	$191.48M-0.2%	$191.86M+0.7%	$190.54M+3.9%	$183.34M+2.6%	$178.78M-2.4%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$7.18M0.0%	$7.18M0.0%	$7.18M0.0%	$7.18M0.0%	$7.18M0.0%
Share Repurchase Authorization Limit	——	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——	——
Common stock, shares authorized (in shares)	$300M0.0%	$300M0.0%	$300M0.0%	$300M0.0%	$300M0.0%
Common stock, shares issued (in shares)	$98.87M+0.2%	$98.63M0.0%	$98.63M0.0%	$98.63M0.0%	$98.63M+0.4%
Common Stock, Shares, Outstanding	$98.87M+0.2%	$98.63M0.0%	$98.63M0.0%	$98.63M0.0%	$98.63M+0.4%
Contract with Customer, Asset, after Allowance for Credit Loss	$86.68M+11.2%	$77.98M-9.4%	$86.07M-13.0%	$98.91M+23.2%	$80.29M+19.7%
Contract with Customer, Liability	$41.26M-29.8%	$58.78M+10.2%	$53.32M+25.4%	$42.52M-2.1%	$43.43M-27.6%
Other Contractual Commitments - Due in Remainder of 2025	——	——	——	——	——
Short-term debt and current portion of long-term debt	$1.2B+124%	$537.95M-60.7%	$1.37B+213%	$436.88M-79.7%	$2.15B+4.5%
Deferred income taxes	$534.9M-4.0%	$557.03M+0.4%	$554.58M-3.4%	$573.92M-0.8%	$578.68M-0.8%
Anticipated additional employer contributions during the remainder of the current fiscal year	——	——	——	——	——
Current maturities of long-term debt	$12.03M+3.6%	$11.62M-50.1%	$23.29M-6.2%	$24.85M+1.9%	$24.37M+9.4%
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$48.56M-1.0%	$49.06M-29.4%	$69.48M-5.4%	$73.49M+14.4%	$64.22M-16.4%
Finite-Lived Intangible Assets, Accumulated Amortization	$545.24M+7.7%	$506.08M+10.5%	$458.19M-6.7%	$491M+12.8%	$435.24M+11.7%
2028	——	——	——	——	——
2030	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
2027	——	——	——	——	——
2029	——	——	——	——	——
Gross Carrying Amount	$3.15B-1.4%	$3.19B+0.3%	$3.18B-2.1%	$3.25B+6.1%	$3.06B+2.8%
Trademarks	——	——	——	——	——
Lease Liability, Current	$65.79M+0.3%	$65.6M-13.0%	$75.43M-7.7%	$81.7M+0.2%	$81.5M+8.8%
Lease Liability	$371.49M+0.2%	$370.71M+2.6%	$361.28M-8.3%	$393.96M-0.2%	$394.93M+4.2%
Lease Liability, Noncurrent	$305.7M+0.2%	$305.12M+6.7%	$285.85M-8.5%	$312.26M-0.4%	$313.43M+3.1%
Lease, Right-Of-Use Asset	$357.5M+0.3%	$356.51M-0.4%	$357.98M-8.6%	$391.52M-0.6%	$393.83M+2.4%
Number of renewal options	——	——	——	——	——
Long-Term Debt and Lease Obligation	$3.49B-8.0%	$3.79B0.0%	$3.79B-24.0%	$4.99B+0.2%	$4.98B—
Less: current maturities	$1.2B+124%	$537.95M-60.7%	$1.37B+213%	$436.88M-79.7%	$2.15B—
Noncontrolling interests in subsidiaries	$17.69M-1.4%	$17.95M+21.3%	$14.79M-3.4%	$15.31M+11.3%	$13.75M-5.8%
Non-derivative hedging instrument	-$761K+31.6%	-$1.11M-1,020%	$121K-97.2%	$4.34M+46.9%	$2.96M+210%
Other receivables	$223.94M+25.3%	$178.76M-10.5%	$199.76M-5.8%	$211.96M+10.7%	$191.51M+8.9%
Prepaid expenses	$184.14M+46.9%	$125.35M-8.5%	$136.94M-12.1%	$155.86M-22.4%	$200.87M+1.9%
Severance accrual, current	$55.76M-5.7%	$59.16M+11.3%	$53.13M+156%	$20.77M-10.5%	$23.2M-7.0%
Share Repurchase Program, Authorized, Amount	——	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——	——
Supplier finance program, obligation	$42.77M-19.5%	$53.12M+66.2%	$31.97M—	——	——
Remainder of Fiscal Year 2024	——	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——	——

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Questions, answered.

Can Sonoco Products cover its short-term obligations?: Its current ratio is 0.96 — current liabilities exceed current assets.
Where does Sonoco Products's balance sheet data come from?: Every line is extracted from Sonoco Products's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.