• Home
  •  / Sonoco Products Company

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.

TypePublic
Founded1899
HQHartsville, USMap
Websitesonoco.com
Employee Ratings4More
View Jobs (104)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)23,000(+10%)
Job Openings104
Revenue (FY, 2018)$5.5 B(+10%)
Share Price (Jan 2020)$58.8 (-1%)

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

Embed Graph
View revenue for all periods
Sonoco Products Company's revenue was reported to be $5.53 b in FY, 2018
USD

Revenue (Q3, 2019)

1.4b

Gross profit (Q3, 2019)

265.5m

Gross profit margin (Q3, 2019), %

19.6%

Net income (Q3, 2019)

92.1m

EBIT (Q3, 2019)

138.5m

Market capitalization (24-Jan-2020)

5.9b

Closing stock price (24-Jan-2020)

58.8

Cash (29-Sept-2019)

115.9m

EV

7.6b
Sonoco Products Company's current market capitalization is $5.9 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

3%(1%)(1%)

Cost of goods sold

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

Gross profit

767.5m756.8m843.6m873.5m921.3m929.4m937.4m949.4m1.2b
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, 2019

Revenue

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

Cost of goods sold

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

Gross profit

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

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%
show all
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

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, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Current Assets

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

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

43.3m(13.8m)(16.0m)65.9m25.6m12.3m5.6m4.2m(4.4m)
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, 2019

Net Income

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

Depreciation and Amortization

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

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)

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)
show all
USDY, 2019

EV/EBIT

54.7 x

EV/CFO

31.7 x

Financial Leverage

2.7 x
Show all financial metrics

Sonoco Products Company Online and Social Media Presence

Sonoco Products Company's Trends

Embed Graph

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

January 22, 2020

Rick Johnson

Rick Johnson william.meady@… Wed, 01/22/2020 - 08:57 Rick Johnson Corporate Vice President and Chief Information Officer Rick Johnson, 51, has served as Chief Information Officer of Sonoco since 2019. In this role, Johnson leads all of So…
January 08, 2020

Sonoco Named One of America’s Most Responsible Companies

HARTSVILLE, S.C. , Jan. 08, 2020 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, has been selected as one of America’s Most Responsible Companies 2020 by Newsweek. The full list of rankings is available here .
December 17, 2019

Sonoco Joins New Alliance to Advance Fiber-based Packaging

Sonoco Joins New Alliance to Advance Fiber-based Packaging Content Import Tue, 12/17/2019 - 16:30 Sonoco Joins New Alliance to Advance Fiber-based Packaging December 17, 2019 This release is a backfill from a News Wire General HARTSVI…
November 25, 2019

Sonoco to Host Annual Investor Conference on December 6, 2019

HARTSVILLE, S.C. , Nov. 25, 2019 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified packaging companies, will host its annual breakfast meeting for the financial community in New York City on Friday, Dec. 6, 2019 , in the Villard Ballroom of the New York Palace Hotel , 455
November 18, 2019

Sonoco to Acquire Healthcare Packaging and Medical Device Thermoformer

Sonoco to Acquire Healthcare Packaging and Medical Device Thermoformer Content Import Mon, 11/18/2019 - 16:10 Sonoco to Acquire Healthcare Packaging and Medical Device Thermoformer November 18, 2019 This release is a backfill from a News Wire Ge…
November 08, 2019

Rob Dillard

Rob Dillard william.meady@… Fri, 11/08/2019 - 07:30 Rob Dillard Corporate Vice President, Strategy and Corporate Development Dillard, 45, is responsible for the Company’s Corporate Development and Strategy function and serves on the Compa…
Show more

 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 $240.5 k.

  • Who are Sonoco Products Company competitors?

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

  • 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.