Sonoco Products (SON) Gross Margin (2009 - 2026)
Sonoco Products (SON) reported Gross Margin of 20.62% for Q1 2026, down 8.0% on a YoY basis from 22.41% in Q1 2025, and up 5.01% quarter-over-quarter from 19.63% in Q4 2025.
Sonoco Products (SON) Gross Margin (2009 - 2026) Analysis & Trends
Sonoco Products has reported Gross Margin for 18 years, with the latest figure at 20.62% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 8.0% year-over-year to 20.62%; the trailing twelve-month figure through Mar 2026 stood at 20.92% (down 49.0% YoY), and the FY2025 full-year result was 20.94%, down 53.0% from the prior year.
- Gross Margin for Q1 2026 stood at 20.62%, up from 19.63% in the prior quarter.
- The five-year high for Gross Margin was 34.97% in Q4 2022, with the low at 19.42% in Q4 2022.
- Historically, Gross Margin has averaged 22.0% across 5 years, with a median of 21.27% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin surged 1666 bps — and 2023, when it slumped 1341 bps.
- Sonoco Products' Gross Margin stood at 34.97% in 2022, then sank by 38 bps to 21.56% in 2023, then dropped by 4 bps to 20.76% in 2024, then dropped by 5 bps to 19.63% in 2025, then grew by 5 bps to 20.62% in 2026.
- The last three Gross Margin figures came in at 20.62% (Q1 2026), 19.63% (Q4 2025), and 21.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.17 Bn | 20.52 Bn | 1.27 Bn | 16.44% |
| 2 | Packaging Corp Of America | 19.43 Bn | 18.89 Bn | 452.90 Mn | 19.13% |
| 3 | Amcor | 17.53 Bn | 15.95 Bn | 1.19 Bn | 20.12% |
| 4 | International Paper | 17.36 Bn | 16.06 Bn | 1.73 Bn | 28.92% |
| 5 | Ball | 13.98 Bn | 13.10 Bn | 646.00 Mn | 17.93% |
| 6 | Avery Dennison | 11.76 Bn | 11.50 Bn | 664.80 Mn | 28.92% |
| 7 | Crown Holdings | 10.32 Bn | 10.23 Bn | 644.00 Mn | 19.76% |
| 8 | Reynolds Consumer Products | 4.74 Bn | 4.67 Bn | 207.00 Mn | 23.60% |
| 9 | Sonoco Products | 4.73 Bn | 4.53 Bn | 345.63 Mn | 20.62% |
| 10 | Silgan Holdings | 3.87 Bn | 3.44 Bn | 265.78 Mn | 17.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 4, 2021 | 18.99% |