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Sonoco Products SON Impairment Charges

Impairment Charges at other companies

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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:AssetImpairmentCharges.

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
Line itemSix Months Ended / June 28, 2026Six Months Ended / June 29, 2025
Cash Flows from Operating Activities:
Net income$172,649$547,688
Adjustments to reconcile net income to net cash used by operating activities:
Asset impairments3,6266,329
Depreciation and amortization256,125250,967
Share-based compensation expense11,9059,973
Equity in earnings of affiliates, net of tax(2,953)(4,191)
Cash dividends from affiliated companies4,3605,731

Item 1. Financial Statements.

FAQ

What is Sonoco Products's impairment charges?
Sonoco Products (SON) reported impairment charges of $536K in Q2 2026.
How has Sonoco Products's impairment charges changed year-over-year?
Sonoco Products's impairment charges decreased by 61.2% year-over-year, from $1.38M to $536K.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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