Sonoco Historical Income Statement

SON Stock

USD 56.80 1.19 2.14%

Historical analysis of Sonoco Products income statement accounts such as Operating Income of 728.5 M, Ebit of 728.5 M, EBITDA of 524.9 M or Cost Of Revenue of 3 B can show how well Sonoco Products performed in making a profits. Evaluating Sonoco Products income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sonoco Products's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Sonoco Products latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sonoco Products is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

About Sonoco Income Statement Analysis

Sonoco Products Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sonoco Products shareholders. The income statement also shows Sonoco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Sonoco Products Income Statement Chart

Sonoco Products Income Statement is one of the three primary financial statements used for reporting Sonoco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sonoco Products revenue and expense. Sonoco Products Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Sonoco Products' Operating Income is very stable compared to the past year. As of the 4th of May 2024, EBIT is likely to grow to about 728.5 M, while Depreciation And Amortization is likely to drop about 179.5 M.

Total Revenue Gross Profit Other Operating Expenses Ebitda Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Sonoco Products generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sonoco Products minus its cost of goods sold. It is profit before Sonoco Products operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sonoco Products. It is also known as Sonoco Products overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Sonoco Products income statement and represents the costs associated with goods and services Sonoco Products provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Sonoco Products' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sonoco Products current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.At this time, Sonoco Products' Operating Income is very stable compared to the past year. As of the 4th of May 2024, EBIT is likely to grow to about 728.5 M, while Depreciation And Amortization is likely to drop about 179.5 M.

	2021	2022	2023	2024 (projected)
Total Revenue	5.6B	7.3B	6.8B	3.8B
Depreciation And Amortization	239.1M	358.7M	341.0M	179.5M

Total Revenue Depreciation And Amortization

Sonoco Products income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Research Development	Minority Interest	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.97	0.99	0.96	0.55	0.54	0.82	0.96	0.97	0.44	-0.48	0.51	0.29	0.67	0.63	0.93	-0.6	0.5	0.08	0.3	0.08	0.02	-0.51	0.67	0.61	0.09
Total Revenue	0.97		0.98	1.0	0.46	0.46	0.77	1.0	0.98	0.36	-0.38	0.42	0.24	0.59	0.65	0.92	-0.63	0.39	0.02	0.46	0.04	0.06	-0.37	0.52	0.47	0.14
Gross Profit	0.99	0.98		0.97	0.53	0.53	0.8	0.96	0.99	0.43	-0.43	0.5	0.31	0.68	0.67	0.96	-0.61	0.48	0.03	0.31	0.07	-0.01	-0.51	0.66	0.59	0.13
Other Operating Expenses	0.96	1.0	0.97		0.45	0.45	0.76	1.0	0.97	0.35	-0.37	0.41	0.23	0.58	0.65	0.91	-0.63	0.37	0.02	0.48	0.04	0.06	-0.35	0.5	0.45	0.14
Operating Income	0.55	0.46	0.53	0.45		1.0	0.84	0.43	0.52	0.97	-0.22	0.97	0.62	0.77	-0.15	0.52	-0.05	0.83	0.07	0.2	0.58	-0.23	-0.69	0.65	0.32	-0.63
Ebit	0.54	0.46	0.53	0.45	1.0		0.84	0.44	0.52	0.97	-0.21	0.97	0.6	0.76	-0.16	0.51	-0.04	0.84	0.07	0.22	0.58	-0.24	-0.68	0.64	0.33	-0.64
Ebitda	0.82	0.77	0.8	0.76	0.84	0.84		0.76	0.79	0.77	-0.29	0.79	0.58	0.61	0.1	0.75	-0.15	0.84	0.16	0.36	0.54	-0.08	-0.5	0.6	0.35	-0.48
Cost Of Revenue	0.96	1.0	0.96	1.0	0.43	0.44	0.76		0.97	0.34	-0.37	0.4	0.22	0.57	0.65	0.9	-0.63	0.36	0.02	0.49	0.04	0.07	-0.33	0.48	0.44	0.14
Total Operating Expenses	0.97	0.98	0.99	0.97	0.52	0.52	0.79	0.97		0.43	-0.36	0.48	0.35	0.68	0.67	0.95	-0.59	0.44	-0.01	0.38	0.1	-0.08	-0.47	0.6	0.52	0.12
Income Before Tax	0.44	0.36	0.43	0.35	0.97	0.97	0.77	0.34	0.43		0.03	0.98	0.65	0.69	-0.24	0.45	0.08	0.87	-0.11	0.15	0.69	-0.34	-0.65	0.59	0.21	-0.68
Total Other Income Expense Net	-0.48	-0.38	-0.43	-0.37	-0.22	-0.21	-0.29	-0.37	-0.36	0.03		-0.08	0.23	-0.41	-0.38	-0.33	0.54	-0.01	-0.61	0.06	0.43	-0.36	0.4	-0.48	-0.68	-0.22
Net Income	0.51	0.42	0.5	0.41	0.97	0.97	0.79	0.4	0.48	0.98	-0.08		0.56	0.75	-0.15	0.52	-0.03	0.88	-0.1	0.11	0.57	-0.27	-0.72	0.68	0.34	-0.6
Income Tax Expense	0.29	0.24	0.31	0.23	0.62	0.6	0.58	0.22	0.35	0.65	0.23	0.56		0.33	-0.2	0.34	0.35	0.61	-0.03	0.15	0.75	-0.38	-0.24	0.22	-0.09	-0.57
Interest Expense	0.67	0.59	0.68	0.58	0.77	0.76	0.61	0.57	0.68	0.69	-0.41	0.75	0.33		0.4	0.69	-0.56	0.51	-0.12	0.02	0.06	-0.2	-0.9	0.85	0.63	-0.02
Selling General Administrative	0.63	0.65	0.67	0.65	-0.15	-0.16	0.1	0.65	0.67	-0.24	-0.38	-0.15	-0.2	0.4		0.68	-0.82	-0.2	-0.16	-0.03	-0.56	0.09	-0.29	0.42	0.59	0.81
Research Development	0.93	0.92	0.96	0.91	0.52	0.51	0.75	0.9	0.95	0.45	-0.33	0.52	0.34	0.69	0.68		-0.6	0.51	-0.12	0.17	0.06	-0.02	-0.57	0.7	0.58	0.15
Minority Interest	-0.6	-0.63	-0.61	-0.63	-0.05	-0.04	-0.15	-0.63	-0.59	0.08	0.54	-0.03	0.35	-0.56	-0.82	-0.6		0.17	0.02	-0.12	0.62	-0.27	0.4	-0.46	-0.58	-0.67
Net Income From Continuing Ops	0.5	0.39	0.48	0.37	0.83	0.84	0.84	0.36	0.44	0.87	-0.01	0.88	0.61	0.51	-0.2	0.51	0.17		-0.08	-0.04	0.69	-0.16	-0.59	0.64	0.25	-0.67
Non Recurring	0.08	0.02	0.03	0.02	0.07	0.07	0.16	0.02	-0.01	-0.11	-0.61	-0.1	-0.03	-0.12	-0.16	-0.12	0.02	-0.08		0.26	-0.03	0.11	0.18	-0.14	0.15	-0.16
Non Operating Income Net Other	0.3	0.46	0.31	0.48	0.2	0.22	0.36	0.49	0.38	0.15	0.06	0.11	0.15	0.02	-0.03	0.17	-0.12	-0.04	0.26		0.19	-0.18	0.37	-0.36	-0.22	-0.2
Tax Provision	0.08	0.04	0.07	0.04	0.58	0.58	0.54	0.04	0.1	0.69	0.43	0.57	0.75	0.06	-0.56	0.06	0.62	0.69	-0.03	0.19		-0.35	-0.08	0.06	-0.37	-0.83
Interest Income	0.02	0.06	-0.01	0.06	-0.23	-0.24	-0.08	0.07	-0.08	-0.34	-0.36	-0.27	-0.38	-0.2	0.09	-0.02	-0.27	-0.16	0.11	-0.18	-0.35		0.14	0.0	-0.09	0.18
Net Interest Income	-0.51	-0.37	-0.51	-0.35	-0.69	-0.68	-0.5	-0.33	-0.47	-0.65	0.4	-0.72	-0.24	-0.9	-0.29	-0.57	0.4	-0.59	0.18	0.37	-0.08	0.14		-0.96	-0.67	0.05
Reconciled Depreciation	0.67	0.52	0.66	0.5	0.65	0.64	0.6	0.48	0.6	0.59	-0.48	0.68	0.22	0.85	0.42	0.7	-0.46	0.64	-0.14	-0.36	0.06	0.0	-0.96		0.74	0.01
Extraordinary Items	0.61	0.47	0.59	0.45	0.32	0.33	0.35	0.44	0.52	0.21	-0.68	0.34	-0.09	0.63	0.59	0.58	-0.58	0.25	0.15	-0.22	-0.37	-0.09	-0.67	0.74		0.33
Selling And Marketing Expenses	0.09	0.14	0.13	0.14	-0.63	-0.64	-0.48	0.14	0.12	-0.68	-0.22	-0.6	-0.57	-0.02	0.81	0.15	-0.67	-0.67	-0.16	-0.2	-0.83	0.18	0.05	0.01	0.33

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Sonoco Products Account Relationship Matchups

Sonoco Products income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	273.8M	255.4M	239.1M	358.7M	341.0M	179.5M
Total Revenue	5.4B	5.2B	5.6B	7.3B	6.8B	3.8B
Gross Profit	1.1B	1.0B	1.1B	1.4B	1.4B	798.9M
Other Operating Expenses	4.8B	4.7B	5.1B	6.5B	6.1B	3.5B
Operating Income	467.1M	487.8M	(64.7M)	675.4M	693.8M	728.5M
Ebit	467.1M	487.8M	(64.7M)	675.4M	693.8M	728.5M
Ebitda	740.9M	743.1M	174.4M	1.0B	1.0B	524.9M
Cost Of Revenue	4.3B	4.2B	4.5B	5.8B	5.3B	3.0B
Total Operating Expenses	530.9M	528.4M	558.2M	707.3M	741.9M	436.6M
Income Before Tax	380.8M	255.6M	(161.0M)	571.3M	614.8M	645.6M
Total Other Income Expense Net	(86.3M)	(232.2M)	(96.3M)	(104.1M)	(79.0M)	(75.0M)
Net Income	291.8M	207.5M	(93.6M)	466.4M	475.0M	498.7M
Income Tax Expense	93.3M	53.0M	(67.4M)	118.5M	149.3M	83.2M
Interest Expense	61.6M	72.1M	59.2M	97.0M	126.3M	132.6M
Selling General Administrative	555.6M	558.6M	1.1B	714.4M	756.2M	481.1M
Research Development	23.3M	22M	24.1M	28.7M	29.3M	21.1M
Net Income Applicable To Common Shares	291.8M	207.5M	(85.5M)	466.4M	536.4M	563.2M
Minority Interest	883K	(222K)	(2.8M)	(543K)	(255K)	(242.3K)
Net Income From Continuing Ops	287.5M	202.6M	(82.7M)	467.0M	491.2M	263.9M
Non Recurring	40.1M	59.9M	145.6M	14.2M	16.3M	15.5M
Non Operating Income Net Other	16.2M	10.4M	7.7M	(4.6M)	(5.3M)	(5.0M)
Tax Provision	93.3M	53.0M	(67.4M)	118.5M	128.8M	71.1M
Interest Income	5.2M	72.1M	59.2M	97.0M	7.9M	7.5M
Net Interest Income	(61.6M)	(72.1M)	(59.2M)	(97.0M)	(123.9M)	(117.7M)
Reconciled Depreciation	239.1M	255.4M	239.1M	308.8M	327.1M	286.5M
Selling And Marketing Expenses	24.7M	30.1M	568.4M	7.1M	14.3M	13.6M

Sonoco Products Investors Sentiment

The influence of Sonoco Products' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sonoco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Sonoco Products' public news can be used to forecast risks associated with an investment in Sonoco. The trend in average sentiment can be used to explain how an investor holding Sonoco can time the market purely based on public headlines and social activities around Sonoco Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Sonoco Products' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sonoco Products' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sonoco Products' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sonoco Products.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sonoco Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sonoco Products' short interest history, or implied volatility extrapolated from Sonoco Products options trading.

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When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:

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To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Sonoco Products' price analysis, check to measure Sonoco Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonoco Products is operating at the current time. Most of Sonoco Products' value examination focuses on studying past and present price action to predict the probability of Sonoco Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoco Products' price. Additionally, you may evaluate how the addition of Sonoco Products to your portfolios can decrease your overall portfolio volatility.

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Is Sonoco Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonoco Products. If investors know Sonoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.56)

Dividend Share

2.04

Earnings Share

3.96

Revenue Per Share

67.994

Quarterly Revenue Growth

(0.05)

The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Sonoco Historical Income Statement

About Sonoco Income Statement Analysis

Sonoco Products Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Sonoco Products income statement Correlations

Sonoco Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sonoco Products income statement Accounts

Sonoco Products Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Gross Profit	+ 0.99	Depreciation And Amortization
Total Operating Expenses	+ 0.99	Gross Profit

Reconciled Depreciation	- 0.96	Net Interest Income
Net Interest Income	- 0.9	Interest Expense
Selling And Marketing Expenses	- 0.83	Tax Provision
Minority Interest	- 0.82	Selling General Administrative
Net Interest Income	- 0.72	Net Income
Net Interest Income	- 0.69	Operating Income