Sonoco Products (SON) Tax Rate (2009 - 2026)
Sonoco Products' (SON) quarterly Tax Rate came in at 27.79% in Q2 2026, down 951.0% YoY from 3.27% in Q2 2025, and up 123.4% on a QoQ basis from 12.44% in Q1 2026.
Sonoco Products (SON) Tax Rate (2009 - 2026) Analysis & Trends
Sonoco Products (SON) has 18 years of Tax Rate data on file, last reported at 27.79% in Q2 2026.
- Quarterly Tax Rate fell 951.0% year-over-year to 27.79% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 21.25% (down 1230.0% YoY) and the FY2025 annual result came in at 24.0%, up 1532.0% from the prior year.
- Tax Rate rose to 27.79% in Q2 2026, from 12.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 127.13% in Q4 2022 to a low of 6.04% in Q3 2025.
- A 5-year average of 31.08% and a median of 25.36% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 9931 bps — and 2023, when it sank 9586 bps.
- Tracing SON's Tax Rate over 5 years: stood at 127.13% in 2022, then plunged by 75 bps to 31.28% in 2023, then gained by 17 bps to 36.55% in 2024, then plunged by 32 bps to 24.89% in 2025, then rose by 12 bps to 27.79% in 2026.
- The last three Tax Rate figures came in at 27.79% (Q2 2026), 12.44% (Q1 2026), and 24.89% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 31.25% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.00% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 25.83% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 57.69% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 23.38% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 27.80% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 24.38% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 27.79% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 23.28% |
| 10 | Silgan Holdings | 4.34 Bn | 3.99 Bn | 294.88 Mn | 28.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 27.79% |
| Jun 28, 2026 | 27.79% |
| Jun 28, 2026 | 27.79% |
| Mar 29, 2026 | 12.44% |
| Mar 29, 2026 | 12.44% |
| Mar 29, 2026 | 12.44% |
| Dec 31, 2025 | 24.89% |
| Dec 31, 2025 | 24.89% |
| Dec 31, 2025 | 24.89% |
| Sep 28, 2025 | 6.04% |
| Sep 28, 2025 | 6.04% |
| Sep 28, 2025 | 6.04% |
| Jun 29, 2025 | 37.31% |
| Jun 29, 2025 | 37.31% |
| Jun 29, 2025 | 37.31% |
| Mar 30, 2025 | 30.85% |
| Mar 30, 2025 | 30.85% |
| Mar 30, 2025 | 30.85% |
| Dec 31, 2024 | 36.55% |
| Dec 31, 2024 | 36.55% |