Sonoco Products (SON) Gross Margin (2009 - 2026)
Sonoco Products' (SON) quarterly Gross Margin came in at 20.81% in Q2 2026, down 46.0% YoY from 38.54% in Q2 2025, and up 0.94% on a QoQ basis from 20.62% in Q1 2026.
Sonoco Products (SON) Gross Margin (2009 - 2026) Analysis & Trends
Sonoco Products (SON) has 18 years of Gross Margin data on file, last reported at 20.81% in Q2 2026.
- Quarterly Gross Margin fell 46.0% year-over-year to 20.81% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.81% (down 38.0% YoY) and the FY2025 annual result came in at 20.94%, down 53.0% from the prior year.
- Gross Margin advanced to 20.81% in Q2 2026, from 20.62% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.97% in Q4 2022 to a low of 19.42% in Q4 2022.
- A 5-year average of 21.94% and a median of 21.12% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 1666 bps — and 2023, when it slumped 1341 bps.
- Tracing SON's Gross Margin over 5 years: 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 increased by 6 bps to 20.81% in 2026.
- The last three Gross Margin figures came in at 20.81% (Q2 2026), 20.62% (Q1 2026), and 19.63% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 17.42% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.90% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 20.58% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 27.65% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 17.44% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 29.62% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 20.39% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 20.81% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 25.95% |
| 10 | Silgan Holdings | 4.34 Bn | 3.99 Bn | 294.88 Mn | 17.94% |
Historic Data
Download 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% |