Sonoco Products Company
sonoco.comWhat Do They Do?
Makes metal cans, rigid paper containers, and plastic packaging for consumer-goods and pharmaceutical companies.
10-K for FY2025, filed Feb 26, 2026
How Do They Make Money?
Consumer Packaging customers pay for cans and containers when they ship or are delivered; Industrial Paper Packaging customers generally pay on the same basis, while some customer-specific products are paid for as production proceeds.
10-K for FY2025, filed Feb 26, 2026The Company records revenue generally at a point in time when control transfers to the customer either upon shipment or delivery, depending…View ↗
Our rigid paper containers are manufactured from 100% recycled paperboard provided primarily from Sonoco global paper operations. These…View ↗
The Industrial Paper Packaging segment accounted for approximately 30%, 44%, and 44% of the Company’s consolidated net sales in the years…View ↗
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10-K for FY2025, filed Feb 26, 2026
FY2025 revenue by reportable segment (Total consolidated sales) ↗
$7.5B
-
10-K for FY2025, filed Feb 26, 2026
$7.5B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Consumer Packaging
Sold outright
10-K for FY2025, filed Feb 26, 2026 |
65%
FY2022: 44%
|
Consumer Packaging, FY2025
$4.9B Sources
|
Sold outright |
|
Industrial Paper Packaging
Sold outright
10-K for FY2025, filed Feb 26, 2026 |
31%
FY2022: 46%
|
Industrial Paper Packaging, FY2025
$2.3B Sources
|
Sold outright |
Who Are Their Customers?
Consumer and industrial product companies buy packaging for products they sell or ship. Sonoco's operating units sell directly to customers, typically shipping from manufacturing plants; some orders are held in warehouses for later delivery.
10-K for FY2025, filed Feb 26, 2026
Do Revenues Turn Into Profits?
Yes. It kept 13 cents of every revenue dollar as net income in FY2025 and turned 5 cents into free cash flow.
10-K for FY2025, filed Feb 26, 2026
$1BView ↗
10-K for FY2025, filed Feb 26, 2026
$1BView ↗
10-K for FY2025, filed Feb 26, 2026
$345.8MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Jul 28, 2026
$104.9MView ↗
- ▼ −79%
- vs $493.4M in Q2 FY2025
10-Q for Q2 FY2026, filed Jul 28, 2026
Open tableView ↗
Growing. Revenue grew 31% in 4 years, from $5.7B in FY2021 to $7.5B in FY2025, about 7% a year.
A narrower portfolio
The older report describes All Other as a range of paper, plastic, foam, and specialty packaging for varied markets; the latest says only industrial and specialty plastics remain after divestitures.
10-K for FY2022, filed Feb 28, 2023 10-K for FY2025, filed Feb 26, 2026The businesses grouped as All Other accounted for approximately 11%, 14%, and 19% of the Company’s consolidated net sales in the years…View ↗
Expanded metal packaging
The latest report says the Eviosys acquisition expanded metal food-can and aerosol packaging; the older report describes metal packaging for food and household products.
10-K for FY2022, filed Feb 28, 2023 10-K for FY2025, filed Feb 26, 2026Our rigid paper containers are manufactured from 100% recycled paperboard provided primarily from Sonoco global paper operations. These…View ↗
On December 4, 2024, the Company completed the acquisition of Eviosys, Europe’s leading food cans, ends and closures manufacturer, from KPS…View ↗
Recycling became procurement
The older report describes recycling facilities processing recovered materials; the latest says recycling operations became a procurement function, with no recycling net sales.
10-K for FY2022, filed Feb 28, 2023 10-K for FY2025, filed Feb 26, 2026The Industrial Paper Packaging segment accounted for approximately 37%, 44% and 38% of the Company’s consolidated net sales in the years…View ↗
Effective January 1, 2024, the Company began conducting its recycling operations, part of the Industrial Paper Packaging segment, as a…View ↗
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