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Sonoco Products SON Effective tax rates

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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$5.74B+29.2%
Enterprise value$11.36B+9.6%
P/E9.1×+1.2×
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:EffectiveIncomeTaxRateContinuingOperations.

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’s effective tax rates for the three- and six-month periods ended June 28, 2026 were 27.8% and 22.4%, respectively, and its effective tax rates for the three- and six-month periods ended June 29, 2025 were 37.3% and 34.8%, respectively. The Company’s effective tax rates varied from the U.S. statutory rate due primarily to rate differences between U.S. and non-U.S. jurisdictions and the relative amounts earned in those jurisdictions, state income taxes, and discrete tax adjustments that were not consistent period over period, including the recording of a provision-to-return adjustment for a retroactive U.S. tax election in the first quarter of 2026.

Item 1. Financial Statements.

FAQ

What is Sonoco Products's effective tax rates?
Sonoco Products (SON) reported effective tax rates of $0.28 in Q2 2026.
How has Sonoco Products's effective tax rates changed year-over-year?
Sonoco Products's effective tax rates decreased by 25.5% year-over-year, from $0.37 to $0.28.

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