Sonoco Products (SON) Gross Margin (2009 - 2026)
Sonoco Products' (SON) quarterly Gross Margin came in at 20.81% in Q2 2026, down 46.0% on a YoY basis from 38.54% in Q2 2025, and up 0.94% quarter-over-quarter from 20.62% in Q1 2026.
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Sonoco Products (SON) Gross Margin (2009 - 2026) Analysis & Trends
Sonoco Products (SON) has reported Gross Margin for 18 consecutive years, with 20.81% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 46.0% year-over-year to 20.81%; the trailing twelve-month figure through Jun 2026 stood at 20.81% (down 38.0% YoY), and the FY2025 full-year result was 20.94%, down 53.0% from the prior year.
- Gross Margin rose to 20.81% in Q2 2026 per SON's latest filing, from 20.62% in the prior quarter.
- Across five years, Gross Margin topped out at 34.97% in Q4 2022 and bottomed at 19.42% in Q4 2022.
- Historically, Gross Margin has averaged 21.94% across 5 years, with a median of 21.12% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 1666 bps in 2022, then tumbled 1341 bps in 2023.
- Over 5 years, Gross Margin stood at 34.97% in 2022, then tumbled by 38 bps to 21.56% in 2023, then fell by 4 bps to 20.76% in 2024, then fell by 5 bps to 19.63% in 2025, then gained by 6 bps to 20.81% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 20.81%, 20.62%, and 19.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 27.65% |
| 2 | Smurfit Westrock | 22.15 Bn | 21.47 Bn | 1.40 Bn | 17.42% |
| 3 | Packaging Corp Of America | 20.16 Bn | 19.57 Bn | 512.50 Mn | 20.58% |
| 4 | Sonoco Products | 4.81 Bn | 4.64 Bn | 392.38 Mn | 20.81% |
| 5 | Graphic Packaging Holding | 2.85 Bn | 2.64 Bn | 292.00 Mn | 13.35% |
| 6 | Ranpak Holdings | 345.53 Mn | 302.33 Mn | 34.50 Mn | 32.79% |
| 7 | Clearwater Paper | 321.07 Mn | 225.67 Mn | -10.40 Mn | -2.77% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.48 Mn | 2.32 Mn | - | - |
| 10 | It Tech Packaging | 2.20 Mn | -7.57 Mn | 2.02 Mn | 7.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 20.81% |
| Mar 29, 2026 | 20.62% |
| Dec 31, 2025 | 19.63% |
| Sep 28, 2025 | 21.93% |
| Jun 29, 2025 | 21.27% |
| Mar 30, 2025 | 20.69% |
| Dec 31, 2024 | 20.76% |
| Sep 29, 2024 | 22.13% |
| Jun 30, 2024 | 22.31% |
| Mar 31, 2024 | 20.72% |
| Dec 31, 2023 | 21.56% |
| Oct 1, 2023 | 22.29% |
| Jul 2, 2023 | 21.83% |
| Apr 2, 2023 | 22.70% |
| Dec 31, 2022 | 34.97% |
| Oct 2, 2022 | 19.42% |
| Jul 3, 2022 | 20.23% |
| Apr 3, 2022 | 20.98% |
| Dec 31, 2021 | 18.32% |
| Oct 3, 2021 | 18.21% |