What is Sonoco Products's work in process?

Sonoco Products (SON) reported work in process of $184.63M in Q1 2026.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Sonoco Products SON Work in process

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Other financials

Income statement

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Revenue$1.7B-1.9%

Gross profit$345.6M-2.3%

Operating income$127.1M+0.2%

Net income$67.6M+24.2%

EPS (diluted)$0.68+23.6%

Balance sheet

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Cash & equivalents$224.5M+17.1%

Total debt$6.3B-35.2%

Total equity$3.6B+45.8%

Total assets$11.1B-12.7%

Cash flow

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Operating cash flow-$367.9M-76.8%

CapEx$62.1M-33.0%

Free cash flow-$430.0M-43.0%

Valuation

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Market cap$5.01B+14.5%

Enterprise value$11.05B-19.5%

P/E4.9×-23.6×

P/S0.7×-0.1×

Profitability

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Gross margin20.9%-0.5pp

Operating margin13.6%+6.9pp

Net margin13.6%+10.9pp

FCF margin2.9%+1.8pp

Returns & leverage

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Return on equity33.8%+27.5pp

Debt / equity1.8×-2.2×

Current ratio1×+0.2×

Where this comes from

Reported directly by Sonoco Products in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Sonoco Products’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sonoco Products's work in process?: Sonoco Products (SON) reported work in process of $184.63M in Q1 2026.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.