Sonoco Historical Income Statement
| SON Stock | USD 55.61 1.10 1.94% |
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.
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.
Sonoco |
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 2nd 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. Add Fundamental
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.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 2nd 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 |
Sonoco Products income statement Correlations
Click cells to compare fundamentals
Sonoco Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) | (15.0M) |
Currently Active Assets on Macroaxis
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: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.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Sonoco Stock analysis
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.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Transaction History View history of all your transactions and understand their impact on performance |
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 67.957 | 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.