Sonoco Products (SON) Tax Rate (2009 - 2026)

Sonoco Products (SON) reported Tax Rate of 12.44% for Q1 2026, down 1841.0% on a YoY basis from 0.71% in Q1 2025, and down 50.02% quarter-over-quarter from 24.89% in Q4 2025.

Sonoco Products (SON) Tax Rate (2009 - 2026) Analysis & Trends

Sonoco Products has reported Tax Rate for 18 years, with the latest figure at 12.44% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 1841.0% year-over-year to 12.44%; the trailing twelve-month figure through Mar 2026 stood at 22.24% (up 132.0% YoY), and the FY2025 full-year result was 24.0%, up 1532.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 12.44%, down from 24.89% in the prior quarter.
  • The five-year high for Tax Rate was 127.13% in Q4 2022, with the low at 6.04% in Q3 2025.
  • Historically, Tax Rate has averaged 31.27% across 5 years, with a median of 24.89% in 2025.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 9931 bps — and 2023, when it sank 9586 bps.
  • Sonoco Products' Tax Rate 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 sank by 50 bps to 12.44% in 2026.
  • The last three Tax Rate figures came in at 12.44% (Q1 2026), 24.89% (Q4 2025), and 6.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 25.00%
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 22.25%
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 18.28%
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 10.32%
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 24.03%
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 30.07%
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 25.45%
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 12.44%
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 23.38%
10 Silgan Holdings 4.09 Bn 3.66 Bn 265.78 Mn 26.51%

Historic Data

Download Data
DateValue
Mar 29, 2026 12.44%
Mar 29, 2026 12.44%
Dec 31, 2025 24.89%
Dec 31, 2025 24.89%
Sep 28, 2025 6.04%
Sep 28, 2025 6.04%
Jun 29, 2025 37.31%
Jun 29, 2025 37.31%
Mar 30, 2025 30.85%
Mar 30, 2025 30.85%
Dec 31, 2024 36.55%
Dec 31, 2024 36.55%
Sep 29, 2024 35.19%
Sep 29, 2024 35.19%
Jun 30, 2024 23.31%
Jun 30, 2024 23.31%
Mar 31, 2024 18.63%
Mar 31, 2024 18.63%
Dec 31, 2023 31.28%
Dec 31, 2023 31.28%