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Sonoco Products SON Asset write-downs

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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 asset write-downs?
Sonoco Products (SON) reported asset write-downs of $536K in Q2 2026.
How has Sonoco Products's asset write-downs changed year-over-year?
Sonoco Products's asset write-downs decreased by 61.2% year-over-year, from $1.38M to $536K.
What is the long-term trend for Sonoco Products's asset write-downs?
Over 3 years (2021 to 2025), Sonoco Products's asset write-downs has grown at a 45.3% compound annual growth rate (CAGR), from -$4.08M to $12.53M.

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