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Sonoco Products SON Goodwill impairment

Goodwill impairment at other companies

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International PaperIP
$2.47B

Other financials

Income statement

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Revenue$1.9B-1.3%
Gross profit$392.4M-3.4%
Operating income$192.8M+9.8%
Net income$104.9M-78.7%
EPS (diluted)$1.05-78.8%

Balance sheet

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Cash & equivalents$168.6M-48.9%
Total debt$5.8B-7.5%
Total equity$3.6B+10.7%
Total assets$11.0B-8.3%

Cash flow

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Operating cash flow-$367.9M-76.8%
CapEx$63.7M-32.8%
Free cash flow-$430.0M-43.0%

Valuation

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Market cap$5.64B+26.1%
Enterprise value$11.26B+8.3%
P/E+0.9×
P/S0.8×+0.1×

Profitability

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Gross margin20.8%+3.8pp
Operating margin13.9%
Net margin8.4%-0.4pp
FCF margin2.9%+1.8pp

Returns & leverage

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Return on equity18.4%-1.2pp
Debt / equity1.6×-0.3×
Current ratio-0.3×

Where this comes from

Reported directly by Sonoco Products in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Sonoco Products’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000091767-26-000038

The Company assesses goodwill for impairment annually during the third quarter, or from time to time when warranted by the facts and circumstances surrounding individual reporting units or the Company as a whole. The Company completed its most recent annual goodwill impairment testing during the third quarter of 2025 and analyzed certain qualitative and quantitative factors in determining whether a goodwill impairment existed. The Company’s assessments reflected a number of significant management assumptions and estimates including the Company’s forecast of sales growth during the discrete period, EBITDA, and discount rates. Changes in these assumptions could materially impact the Company’s conclusions. Based on its assessments, the Company concluded that there was no impairment of goodwill for any of its reporting units.

Item 1. Financial Statements.

FAQ

What is Sonoco Products's goodwill impairment?
Sonoco Products (SON) reported goodwill impairment of $0 in Q2 2026.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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