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Sonoco Products Company

OverviewSuggest Edit

Sonoco Products Company is a provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain service. It produces composite cans, tubes, and cores, and 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 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 for Sonoco’s fiber-based packaging divisions and external converters, and includes Sonoco Recycling; and its Protective Packaging division, which produces protective, temperature-assurance, and retail security packaging.
TypePublic
Founded1899
HQHartsville, SC, USMap
Websitesonoco.com
Employee Ratings3.8More
Overall CultureA+More
View Jobs (349)

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Latest Updates

Employees (est.) (Dec 2020)20,000(-13%)
Job Openings349
Revenue (FY, 2020)$5.4 B(-2%)
Share Price (Aug 2021)$63.6
Cybersecurity ratingDMore

Key People/Management at Sonoco Products Company

R. Howard Coker

R. Howard Coker

President and CEO
Julie Albrecht

Julie Albrecht

Vice President and Chief Financial Officer
Rob Dillard

Rob Dillard

Vice President, Strategy and Corporate Development
John Florence

John Florence

Vice President, Human Resources, General Counsel and Secretary
Rodger D. Fuller

Rodger D. Fuller

Executive Vice President
Rick Johnson

Rick Johnson

Vice President and Chief Information Officer
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Sonoco Products Company Office Locations

Sonoco Products Company has offices in Hartsville, Akron, Arlington, Arlington Heights and in 225 other locations
Hartsville, SC, US (HQ)
1 N 2nd St
Akron, IN, US
1535 State Rte 19
Arlington, TX, US
1908 Exchange Dr
Arlington, TX, US
2000 Exchange Dr
Arlington Heights, IL, US
3930 N Ventura Dr
Ashland, VA, US
10026 Old Ridge Rd
Show all (286)

Sonoco Products Company Financials and Metrics

Sonoco Products Company Revenue

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Sonoco Products Company's revenue was reported to be $5.37 b in FY, 2020
USD

Revenue (Q1, 2021)

1.4b

Gross profit (Q1, 2021)

277.9m

Gross profit margin (Q1, 2021), %

20.5%

Net income (Q1, 2021)

72.3m

EBIT (Q1, 2021)

120.3m

Market capitalization (2-Aug-2021)

6.4b

Closing stock price (2-Aug-2021)

63.6

Cash (4-Apr-2021)

587.5m

EV

7.8b
Sonoco Products Company's current market capitalization is $6.4 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.1b4.5b4.8b4.8b5.0b5.0b4.8b5.0b5.5b5.5b5.4b

Revenue growth, %

3%(1%)(1%)

Cost of goods sold

3.4b3.7b3.9b4.0b4.1b4.0b3.8b4.1b4.3b4.3b4.2b

Gross profit

767.5m756.8m843.6m873.5m921.3m929.4m937.4m949.4m1.2b1.2b1.2b
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, 2020Q3, 2020Q1, 2021

Revenue

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

Cost of goods sold

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

Gross profit

192.5m199.6m194.2m191.1m186.7m216.9m216.5m206.2m205.7m222.6m224.0m212.3m231.7m227.7m220.4m240.3m229.4m245.3m242.0m235.4m220.2m235.9m250.9m250.6m276.5m259.6m270.1m275.3m265.5m266.6m248.0m257.0m277.9m

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%21%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

158.2m175.5m373.1m217.6m161.2m182.4m257.2m254.9m145.3m564.8m

Accounts Receivable

508.1m606.0m619.8m614.1m668.7m628.0m43.6m725.3m698.1m658.8m

Prepaid Expenses

66.8m65.2m65.4m57.7m56.8m64.7m44.8m60.2m52.6m

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, 2020Q3, 2020Q1, 2021

Cash

167.4m168.7m185.2m134.0m146.3m176.1m196.0m201.1m163.5m179.4m287.6m191.4m199.8m231.6m200.8m217.8m193.4m152.3m107.7m159.3m212.8m207.6m247.9m305.3m197.7m124.3m96.3m115.9m123.3m857.3m782.7m587.5m

Accounts Receivable

509.5m546.5m591.6m608.8m590.6m664.4m647.2m673.6m645.0m668.7m688.9m683.9m705.5m707.3m685.9m676.6m688.5m679.5m669.1m669.2m663.3m716.3m751.4m756.1m768.3m773.9m784.9m773.5m737.8m692.9m693.6m667.1m

Prepaid Expenses

47.2m54.0m41.2m55.3m60.3m42.4m54.9m47.4m35.7m37.7m34.0m41.8m54.5m55.2m51.1m66.7m53.9m48.0m50.9m43.1m41.8m60.5m51.8m50.6m46.5m58.3m85.2m71.1m54.0m60.2m66.5m45.2m

Current Assets

1.1b1.2b1.3b1.2b1.2b1.4b1.4b1.4b1.3b1.3b1.5b1.4b1.5b1.5b1.4b1.4b1.4b1.3b1.3b1.5b1.4b1.5b1.6b1.7b1.6b1.6b1.6b1.6b1.5b2.2b2.3b2.0b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

201.1m217.5m196.0m220.4m240.1m250.6m287.9m177.4m314.7m292.7m207.2m

Depreciation and Amortization

169.7m179.9m200.4m197.7m198.7m213.2m205.2m217.6m236.2m239.1m255.4m

Inventories

(57.1m)3.4m16.2m(32.8m)7.4m(2.6m)(11.5m)(16.1m)(6.1m)2.6m12.1m

Accounts Payable

43.3m(13.8m)(16.0m)65.9m25.6m12.3m5.6m4.2m(4.4m)(25.4m)21.5m
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, 2020Q3, 2020Q1, 2021

Net Income

107.5m166.5m57.4m110.8m188.0m43.1m94.4m153.2m48.1m103.1m164.3m52.2m113.8m185.6m85.7m150.3m194.3m60.2m116.9m182.9m54.3m98.0m171.4m74.9m164.6m237.4m73.8m155.1m247.3m80.2m135.2m218.5m72.3m

Depreciation and Amortization

81.3m124.4m44.3m87.7m131.6m51.2m101.1m149.2m47.2m98.3m145.6m47.2m95.5m144.7m51.9m104.0m157.2m53.6m105.5m156.5m49.0m103.6m159.1m58.1m120.4m176.9m58.6m117.0m173.1m60.8m123.4m186.6m61.6m

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)10.6m(36.7m)

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)6.8m17.8m15.7m51.0m
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USDQ2, 2010

Financial Leverage

2.2 x
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Sonoco Products Company Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

Learn more about our premium products
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Sonoco Products Company Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 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 Company Culture

  • Overall Culture

    A+

    94/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

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Sonoco Products Company News and Updates

April 28, 2021

Sonoco Products Company Announces Tender Offer for its 5.75% Notes Due 2040

HARTSVILLE, S.C., April 28, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies (“Sonoco”), today announced that it has commenced a cash tender offer (the “Offer”) to purchase up to $300,000,000 aggregate principal amount (the “Tender Cap”) of its…
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…
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

June 30, 2021

Sonoco Enters into New $750 Million Revolving Credit Facility

Sonoco Enters into New $750 Million Revolving Credit Facility Content Import Wed, 06/30/2021 - 16:06 Sonoco Enters into New $750 Million Revolving Credit Facility June 30, 2021 This release is a backfill from a News Wire General HARTS…
April 21, 2021

Sonoco Declares Regular Quarterly Common Stock Dividend; Board Authorizes Share Repurchases

Sonoco Declares Regular Quarterly Common Stock Dividend; Board Authorizes Share Repurchases Content Import Wed, 04/21/2021 - 11:45 Sonoco Declares Regular Quarterly Common Stock Dividend; Board Authorizes Share Repurchases April 21, 2021 This release is a back…
March 01, 2021

Sonoco Named to FORTUNE’s World’s Most Admired Companies and Barron’s 100 Most Sustainable Companies

Sonoco Named to FORTUNE’s World’s Most Admired Companies and Barron’s 100 Most Sustainable Companies Content Import Mon, 03/01/2021 - 16:06 Sonoco Named to FORTUNE’s World’s Most Admired Companies and Barron’s 100 Most Sustainable Companies March 01, 2021 This…
January 04, 2021

Sonoco Announces Quarterly Conference Calls and Webcasts for 2021

Sonoco Announces Quarterly Conference Calls and Webcasts for 2021 Content Import Mon, 01/04/2021 - 16:00 Sonoco Announces Quarterly Conference Calls and Webcasts for 2021 January 04, 2021 This release is a backfill from a News Wire General …
December 17, 2020

Sonoco-Alcore To Increase Paperboard Prices In The Emea Region

Sonoco-Alcore To Increase Paperboard Prices In The Emea Region william.meady@… Thu, 12/17/2020 - 15:11 Sonoco-Alcore To Increase Paperboard Prices In The Emea Region December 17, 2020 This release is a backfill from a News Wire General …
December 17, 2020

Sonoco-Alcore to Increase Prices For Tubes & Cores in the EMEA Region

Brussels, Belgium – Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by 7%. The increases will be applied individually and depending on product category, effective from shipments beginning on 18th, January 2021.
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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 R. Howard Coker, Julie Albrecht and Rob Dillard.

  • How many employees does Sonoco Products Company have?

    Sonoco Products Company has 20,000 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 $268.7 k.

  • Who are Sonoco Products Company competitors?

    Competitors of Sonoco Products Company include CHEP, 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 225 other locations.

  • How many offices does Sonoco Products Company have?

    Sonoco Products Company has 286 offices.