Sonoco Products Company
OverviewSuggest Edit
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.
| Type | Public | |
| Founded | 1899 | |
| HQ | Hartsville, SC, US | Map |
| Website | sonoco.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- 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
- Global Pharmaceutical Packaging Market 2018-2023 with Sonoco Products Company, Amcor Group, West Pharmaceutical Services, Inc. and IntraPac International Dominating
- Global Mobile Phone Accessories Packaging Market 2017: Smurfit Kappa Group, Sonoco Products Company, Dordan Manufacturing Co.
Key People/Management at Sonoco Products Company
Rob Tiede
Sonoco Products Company Office Locations
Sonoco Products Company Financials and Metrics
Sonoco Products Company Revenue
| USD | |
|---|---|
Revenue (FY, 2020) | 5.4b |
Gross profit (FY, 2020) | 1.2b |
Gross profit margin (FY, 2020), % | 22% |
Net income (FY, 2020) | 207.2m |
EBIT (FY, 2020) | 357.8m |
Market capitalization (1-Mar-2021) | 6.1b |
Closing stock price (1-Mar-2021) | 61.1 |
Cash (31-Dec-2020) | 564.8m |
EV | 7.5b |
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.1b | 4.5b | 4.8b | 4.8b | 5.0b | 5.0b | 4.8b | 5.0b | 5.5b | 5.5b | 5.4b |
Revenue growth, % | 3% | (1%) | (1%) | ||||||||
Cost of goods sold | 3.4b | 3.7b | 3.9b | 4.0b | 4.1b | 4.0b | 3.8b | 4.1b | 4.3b | 4.3b | 4.2b |
Gross profit | 767.5m | 756.8m | 843.6m | 873.5m | 921.3m | 929.4m | 937.4m | 949.4m | 1.2b | 1.2b | 1.2b |
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.3b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.3b | 1.3b | 1.4b | 1.4b | 1.4b | 1.4b | 1.4b | 1.3b | 1.2b | 1.3b |
Cost of goods sold | 817.6m | 852.1m | 923.1m | 936.8m | 937.4m | 995.5m | 985.8m | 989.3m | 973.5m | 1.0b | 1.0b | 973.3m | 1.0b | 1.0b | 985.7m | 1.0b | 1.0b | 981.0m | 963.7m | 973.4m | 952.1m | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 1.0b | 997.5m | 1.1b |
Gross profit | 192.5m | 199.6m | 194.2m | 191.1m | 186.7m | 216.9m | 216.5m | 206.2m | 205.7m | 222.6m | 224.0m | 212.3m | 231.7m | 227.7m | 220.4m | 240.3m | 229.4m | 245.3m | 242.0m | 235.4m | 220.2m | 235.9m | 250.9m | 250.6m | 276.5m | 259.6m | 270.1m | 275.3m | 265.5m | 266.6m | 248.0m | 257.0m |
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% | 20% |
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 158.2m | 175.5m | 373.1m | 217.6m | 161.2m | 182.4m | 257.2m | 254.9m | 145.3m | 564.8m | |
Accounts Receivable | 508.1m | 606.0m | 619.8m | 614.1m | 668.7m | 628.0m | 43.6m | 725.3m | 698.1m | 658.8m | |
Prepaid Expenses | 66.8m | 65.2m | 65.4m | 57.7m | 56.8m | 64.7m | 44.8m | 60.2m | 52.6m | ||
Inventories | 245.4m |
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 167.4m | 168.7m | 185.2m | 134.0m | 146.3m | 176.1m | 196.0m | 201.1m | 163.5m | 179.4m | 287.6m | 191.4m | 199.8m | 231.6m | 200.8m | 217.8m | 193.4m | 152.3m | 107.7m | 159.3m | 212.8m | 207.6m | 247.9m | 305.3m | 197.7m | 124.3m | 96.3m | 115.9m | 123.3m | 857.3m | 782.7m | |
Accounts Receivable | 509.5m | 546.5m | 591.6m | 608.8m | 590.6m | 664.4m | 647.2m | 673.6m | 645.0m | 668.7m | 688.9m | 683.9m | 705.5m | 707.3m | 685.9m | 676.6m | 688.5m | 679.5m | 669.1m | 669.2m | 663.3m | 716.3m | 751.4m | 756.1m | 768.3m | 773.9m | 784.9m | 773.5m | 737.8m | 692.9m | 693.6m | |
Prepaid Expenses | 47.2m | 54.0m | 41.2m | 55.3m | 60.3m | 42.4m | 54.9m | 47.4m | 35.7m | 37.7m | 34.0m | 41.8m | 54.5m | 55.2m | 51.1m | 66.7m | 53.9m | 48.0m | 50.9m | 43.1m | 41.8m | 60.5m | 51.8m | 50.6m | 46.5m | 58.3m | 85.2m | 71.1m | 54.0m | 60.2m | 66.5m | |
Current Assets | 1.1b | 1.2b | 1.3b | 1.2b | 1.2b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | 1.5b | 1.4b | 1.5b | 1.5b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | 1.5b | 1.4b | 1.5b | 1.6b | 1.7b | 1.6b | 1.6b | 1.6b | 1.6b | 1.5b | 2.2b | 2.3b |
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 201.1m | 217.5m | 196.0m | 220.4m | 240.1m | 250.6m | 287.9m | 177.4m | 314.7m | 292.7m | 207.2m |
Depreciation and Amortization | 169.7m | 179.9m | 200.4m | 197.7m | 198.7m | 213.2m | 205.2m | 217.6m | 236.2m | 239.1m | 255.4m |
Inventories | (57.1m) | 3.4m | 16.2m | (32.8m) | 7.4m | (2.6m) | (11.5m) | (16.1m) | (6.1m) | 2.6m | 12.1m |
Accounts Payable | 43.3m | (13.8m) | (16.0m) | 65.9m | 25.6m | 12.3m | 5.6m | 4.2m | (4.4m) | (25.4m) | 21.5m |
| USD | Q2, 2010 |
|---|---|
Financial Leverage | 2.2 x |
Sonoco Products Company Cybersecurity Score
Sonoco Products Company Environment, Social & Governance (ESG) Ratings
Sonoco Products Company Online and Social Media Presence
4.86k Twitter followers
Sonoco Products Company has 4.86k Twitter Followers. The number of followers has increased 0.5% month over month and increased 0.2% quarter over quarter
Sonoco Products Company's Trends
Twitter Engagement Stats for @Sonoco_Products
1.2k
Tweets
425
Following
4.9k
Followers
6
Tweets last 30 days
1.2
Avg. likes per Tweet
83.3%
Tweets with engagement
Sonoco Products Company Company Culture
Overall Culture
A+
94/100
CEO Rating
A+
100/100
Compensation
A+
100/100
Sonoco Products Company News and Updates
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
Global Pharmaceutical Packaging Market 2018-2023 with Sonoco Products Company, Amcor Group, West Pharmaceutical Services, Inc. and IntraPac International Dominating
Global Mobile Phone Accessories Packaging Market 2017: Smurfit Kappa Group, Sonoco Products Company, Dordan Manufacturing Co.
Sonoco Products Company Blogs
Sonoco Named to FORTUNE’s World’s Most Admired Companies and Barron’s 100 Most Sustainable Companies
Sonoco Announces Quarterly Conference Calls and Webcasts for 2021
Sonoco-Alcore To Increase Paperboard Prices In The Emea Region
Sonoco-Alcore to Increase Prices For Tubes & Cores in the EMEA Region
Sonoco-Alcore To Increase Prices For Tubes & Cores In The United Kingdom And Ireland
Sonoco Named One of America’s Most Responsible, Earns “A” on MSCI ESG Rating
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 $5.4 b.
What is Sonoco Products Company revenue per employee?
Latest Sonoco Products Company revenue per employee is $233.6 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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies