Sonoco Products (SON) Tax Provisions (2009 - 2026)
Sonoco Products (SON) reported Tax Provisions of $9.5 million for Q1 2026, down 55.03% on a YoY basis from $21.1 million in Q1 2025, and down 91.75% quarter-over-quarter from $115.2 million in Q4 2025.
Sonoco Products (SON) Tax Provisions (2009 - 2026) Analysis & Trends
Sonoco Products has reported Tax Provisions for 18 years, with the latest figure at $9.5 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 55.03% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2026 stood at $171.9 million (up 815.35% YoY), and the FY2025 full-year result was $183.6 million, up 3232.47% from the prior year.
- Tax Provisions for Q1 2026 stood at $9.5 million, down from $115.2 million in the prior quarter.
- The five-year high for Tax Provisions was $115.2 million in Q4 2025, with the low at -$34.6 million in Q4 2024.
- Historically, Tax Provisions has averaged $24.4 million across 5 years, with a median of $21.1 million in 2025.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 1336.19% — and 2024, when it plunged 376.24%.
- Sonoco Products' Tax Provisions stood at -$21.0 million in 2022, then soared by 65.34% to -$7.3 million in 2023, then sank by 376.24% to -$34.6 million in 2024, then soared by 432.66% to $115.2 million in 2025, then plunged by 91.75% to $9.5 million in 2026.
- The last three Tax Provisions figures came in at $9.5 million (Q1 2026), $115.2 million (Q4 2025), and $7.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 21.00 Mn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 48.90 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 17.00 Mn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 32.00 Mn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 62.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 72.30 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 70.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 9.51 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 18.00 Mn |
| 10 | Silgan Holdings | 4.09 Bn | 3.66 Bn | 265.78 Mn | 22.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 9.51 Mn |
| Dec 31, 2025 | 115.22 Mn |
| Sep 28, 2025 | 7.72 Mn |
| Jun 29, 2025 | 39.50 Mn |
| Mar 30, 2025 | 21.15 Mn |
| Dec 31, 2024 | -34.64 Mn |
| Sep 29, 2024 | 15.52 Mn |
| Jun 30, 2024 | 16.76 Mn |
| Mar 31, 2024 | 7.87 Mn |
| Dec 31, 2023 | -7.27 Mn |
| Oct 1, 2023 | 39.35 Mn |
| Jul 2, 2023 | 40.74 Mn |
| Apr 2, 2023 | 46.91 Mn |
| Dec 31, 2022 | -20.98 Mn |
| Oct 2, 2022 | 36.82 Mn |
| Jul 3, 2022 | 44.60 Mn |
| Apr 3, 2022 | 35.29 Mn |
| Dec 31, 2021 | 24.11 Mn |
| Oct 3, 2021 | 2.56 Mn |
| Jul 4, 2021 | -118.15 Mn |