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Sonoco Products Company

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Sonoco Products Company is a provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain service. The Company is the producer of composite cans, tubes, and cores, and a manufacturer of blow-molded plastic containers, consumer, and industrial thermoformed plastic packaging, engineered molded and extruded plastic products, rigid paperboard containers, and convenience closures. Sonoco’s operations consist of its consumer packaging businesses, including Global Rigid Paper and Closures, Global Flexibles, and Global Plastics; its Global Services division, which provides high-impact retail displays and packaging supply chain management; its Industrial Converted Products businesses, which manufacture tubes and cores and reels for the wire and cable industry, produces uncoated recycled paperboard globally for Sonoco’s fiber-based packaging divisions and external converters, and includes Sonoco Recycling; and its Protective Packaging division, which produces highly engineered, custom-designed protective, temperature-assurance, and retail security packaging.

TypePublic
Founded1899
HQHartsville, USMap
Websitesonoco.com
Employee Ratings4More
View Jobs (245)

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Latest Updates

Employees (est.) (Dec 2018)23,000(+10%)
Job Openings245
Revenue (FY, 2019)$5.5 B
Share Price (Oct 2020)$55.1
Cybersecurity ratingDMore

Key People/Management at Sonoco Products Company

Rob Tiede

Rob Tiede

President and CEO

Sonoco Products Company Office Locations

Sonoco Products Company has offices in Hartsville, Akron, Arlington, Arlington Heights and in 246 other locations
Hartsville, US (HQ)
1 N 2nd St
Akron, US
1535 State Rte 19
Arlington, US
1908 Exchange Dr
Arlington, US
2000 Exchange Dr
Arlington Heights, US
3930 N Ventura Dr
Ashland, US
10026 Old Ridge Rd
Show all (324)

Sonoco Products Company Financials and Metrics

Sonoco Products Company Revenue

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Sonoco Products Company's revenue was reported to be $5.52 b in FY, 2019
USD

Revenue (Q2, 2020)

1.2b

Gross profit (Q2, 2020)

248.0m

Gross profit margin (Q2, 2020), %

19.9%

Net income (Q2, 2020)

55.0m

EBIT (Q2, 2020)

103.7m

Market capitalization (20-Oct-2020)

5.5b

Closing stock price (20-Oct-2020)

55.1

Cash (28-Jun-2020)

857.3m

EV

7.2b
Sonoco Products Company's current market capitalization is $5.5 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.1b4.5b4.8b4.8b5.0b5.0b4.8b5.0b5.5b5.5b

Revenue growth, %

3%(1%)(1%)

Cost of goods sold

3.4b3.7b3.9b4.0b4.1b4.0b3.8b4.1b4.3b4.3b

Gross profit

767.5m756.8m843.6m873.5m921.3m929.4m937.4m949.4m1.2b1.2b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

1.0b1.1b1.1b1.1b1.1b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.3b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.3b1.3b1.4b1.4b1.4b1.4b1.4b1.3b1.2b

Cost of goods sold

817.6m852.1m923.1m936.8m937.4m995.5m985.8m989.3m973.5m1.0b1.0b973.3m1.0b1.0b985.7m1.0b1.0b981.0m963.7m973.4m952.1m1.0b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.0b997.5m

Gross profit

192.5m199.6m194.2m191.1m186.7m216.9m216.5m206.2m205.7m222.6m224.0m212.3m231.7m227.7m220.4m240.3m229.4m245.3m242.0m235.4m220.2m235.9m250.9m250.6m276.5m259.6m270.1m275.3m265.5m266.6m248.0m

Gross profit Margin, %

19%19%17%17%17%18%18%17%17%18%18%18%19%18%18%19%18%20%20%19%19%19%19%19%20%19%20%20%20%20%20%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

158.2m175.5m373.1m217.6m161.2m182.4m257.2m254.9m145.3m

Accounts Receivable

508.1m606.0m619.8m614.1m668.7m628.0m43.6m725.3m698.1m

Prepaid Expenses

66.8m65.2m65.4m57.7m56.8m64.7m44.8m60.2m

Inventories

245.4m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

167.4m168.7m185.2m134.0m146.3m176.1m196.0m201.1m163.5m179.4m287.6m191.4m199.8m231.6m200.8m217.8m193.4m152.3m107.7m159.3m212.8m207.6m247.9m305.3m197.7m124.3m96.3m115.9m123.3m857.3m

Accounts Receivable

509.5m546.5m591.6m608.8m590.6m664.4m647.2m673.6m645.0m668.7m688.9m683.9m705.5m707.3m685.9m676.6m688.5m679.5m669.1m669.2m663.3m716.3m751.4m756.1m768.3m773.9m784.9m773.5m737.8m692.9m

Prepaid Expenses

47.2m54.0m41.2m55.3m60.3m42.4m54.9m47.4m35.7m37.7m34.0m41.8m54.5m55.2m51.1m66.7m53.9m48.0m50.9m43.1m41.8m60.5m51.8m50.6m46.5m58.3m85.2m71.1m54.0m60.2m

Current Assets

1.1b1.2b1.3b1.2b1.2b1.4b1.4b1.4b1.3b1.3b1.5b1.4b1.5b1.5b1.4b1.4b1.4b1.3b1.3b1.5b1.4b1.5b1.6b1.7b1.6b1.6b1.6b1.6b1.5b2.2b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

201.1m217.5m196.0m220.4m240.1m250.6m287.9m177.4m314.7m292.7m

Depreciation and Amortization

169.7m179.9m200.4m197.7m198.7m213.2m205.2m217.6m236.2m239.1m

Inventories

(57.1m)3.4m16.2m(32.8m)7.4m(2.6m)(11.5m)(16.1m)(6.1m)2.6m

Accounts Payable

43.3m(13.8m)(16.0m)65.9m25.6m12.3m5.6m4.2m(4.4m)(25.4m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

107.5m166.5m57.4m110.8m188.0m43.1m94.4m153.2m48.1m103.1m164.3m52.2m113.8m185.6m85.7m150.3m194.3m60.2m116.9m182.9m54.3m98.0m171.4m74.9m164.6m237.4m73.8m155.1m247.3m80.2m135.2m

Depreciation and Amortization

81.3m124.4m44.3m87.7m131.6m51.2m101.1m149.2m47.2m98.3m145.6m47.2m95.5m144.7m51.9m104.0m157.2m53.6m105.5m156.5m49.0m103.6m159.1m58.1m120.4m176.9m58.6m117.0m173.1m60.8m123.4m

Inventories

(38.5m)(42.1m)(18.4m)(18.8m)(31.3m)(10.0m)(15.2m)3.2m(15.5m)(14.7m)(13.1m)(3.2m)(10.7m)1.0m(6.1m)(18.0m)(12.0m)(11.2m)(16.0m)(11.3m)(9.8m)(12.8m)(15.0m)(17.8m)(16.7m)(8.9m)(20.6m)(16.8m)(643.0k)(12.2m)(32.0m)

Accounts Payable

52.0m54.1m35.6m30.6m24.6m43.9m19.9m25.6m44.0m68.5m75.2m12.7m21.0m28.7m7.1m14.9m26.6m(17.2m)(7.7m)7.7m14.7m11.9m29.3m10.3m16.7m45.0m14.8m(2.8m)(7.2m)6.8m17.8m
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USDQ2, 2010

Financial Leverage

2.2 x
Show all financial metrics

Sonoco Products Company Cybersecurity Score

Cybersecurity ratingPremium dataset

D

63/100

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Sonoco Products Company Online and Social Media Presence

Sonoco Products Company's Trends

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Sonoco Products Company News and Updates

November 26, 2018

Green Packaging Market Analysis by top Key Players Amcor Limited, Bemis Company Inc., Sealed Air Corporation, Tetra Laval International SA, Mondi Plc., Sonoco Products Company, Cargill Incorporation, Graham Packaging

Factors such as wide spread awareness among consumers regarding environmental safety and benefits of green packaging are the key factors propelling growth in green packaging market. Posted via Industry Today. Follow us on Twitter @IndustryToday
October 08, 2018

Thermoform Packaging Market 2018 Global Market to Reach USD 54.22 billion By 2025 Including Key Players : Amcor Limited, Anchor Packaging, Sonoco Products Company, Placon Corporation

WiseGuyReports.Com Publish a New Market Research Report On –“ Thermoform Packaging Market 2018 Global Market to Reach USD 54.22 billion By 2025 Including Key Players : Amcor Limited, Anchor Packaging, Sonoco Products Company, Placon Corporation”. Posted via Industry Today. Follow us on Twitter @Indu…
September 20, 2018

Global Pharmaceutical Packaging Market 2018-2023 with Sonoco Products Company, Amcor Group, West Pharmaceutical Services, Inc. and IntraPac International Dominating

DUBLIN, Sept 20, 2018 /PRNewswire/ -- The "Global Pharmaceutical Packaging Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering. The global pharmaceutical Packaging Market was valued at US$71.379 billion in 2017 and is projected to expand at a...
December 18, 2017

Global Mobile Phone Accessories Packaging Market 2017: Smurfit Kappa Group, Sonoco Products Company, Dordan Manufacturing Co.

WiseGuyReports.com adds “Global Mobile Phone Accessories Packaging Market Research Report 2017” reports to its Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Sonoco Products Company Blogs

April 23, 2020

Sonoco Completes Sale of Senior Notes

Sonoco Completes Sale of Senior Notes Content Import Thu, 04/23/2020 - 16:31 Sonoco Completes Sale of Senior Notes April 23, 2020 This release is a backfill from a News Wire General HARTSVILLE, S.C., April 23, 2020 (GLOBE NEWSWIRE) …
April 13, 2020

Sonoco to Invest $83 Million to Strengthen Uncoated Recycled Paperboard Mill System in U.S. and Canada

Sonoco to Invest $83 Million to Strengthen Uncoated Recycled Paperboard Mill System in U.S. and Canada Content Import Mon, 04/13/2020 - 16:00 Sonoco to Invest $83 Million to Strengthen Uncoated Recycled Paperboard Mill System in U.S. and Canada April 13, 2020 …
March 23, 2020

New, 100% U.S. Sourced Sugarcane Fiber Bowl from Sonoco Answers Demand from Shoppers and Brands for More Sustainable Packaging Options

New, 100% U.S. Sourced Sugarcane Fiber Bowl from Sonoco Answers Demand from Shoppers and Brands for More Sustainable Packaging Options Content Import Mon, 03/23/2020 - 14:00 New, 100% U.S. Sourced Sugarcane Fiber Bowl from Sonoco Answers Demand from Shoppers and Brands for More Sustainable…
February 26, 2020

Recent Sonoco Acquisition, TEQ Thermoform Engineered Quality, Rebrands as TEQ

Recent Sonoco Acquisition, TEQ Thermoform Engineered Quality, Rebrands as TEQ Content Import Wed, 02/26/2020 - 15:00 Recent Sonoco Acquisition, TEQ Thermoform Engineered Quality, Rebrands as TEQ February 26, 2020 This release is a backfill from a News Wire …
February 17, 2020

Sonoco Again Ranked in Barron's 100 Most Sustainable Companies in the U.S. Listing

HARTSVILLE, S.C. , Feb. 17, 2020 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, has again been listed on the third annual Barron’s 100 Most Sustainable Companies in the United States list. This year marks the second time Sonoco has been included
February 12, 2020

Rodger Fuller Named Executive Vice President

Overseeing Sonoco’s Global Operations HARTSVILLE, S.C. , Feb. 12, 2020 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced the elevation of Rodger Fuller to the position of Executive Vice President, where he will be responsible for all
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 Sonoco Products Company Frequently Asked Questions

  • When was Sonoco Products Company founded?

    Sonoco Products Company was founded in 1899.

  • Who are Sonoco Products Company key executives?

    Sonoco Products Company's key executives are Rob Tiede.

  • How many employees does Sonoco Products Company have?

    Sonoco Products Company has 23,000 employees.

  • What is Sonoco Products Company revenue?

    Latest Sonoco Products Company annual revenue is $5.5 b.

  • What is Sonoco Products Company revenue per employee?

    Latest Sonoco Products Company revenue per employee is $240.1 k.

  • Who are Sonoco Products Company competitors?

    Competitors of Sonoco Products Company include CHEP, UFP Technologies and Packaging Corporation of America.

  • Where is Sonoco Products Company headquarters?

    Sonoco Products Company headquarters is located at 1 N 2nd St, Hartsville.

  • Where are Sonoco Products Company offices?

    Sonoco Products Company has offices in Hartsville, Akron, Arlington, Arlington Heights and in 246 other locations.

  • How many offices does Sonoco Products Company have?

    Sonoco Products Company has 324 offices.