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
DateValue
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