Sonoco Products (SON) Tax Rate (2009 - 2026)
Sonoco Products (SON) recorded Tax Rate of 27.79% in Q2 2026, down 9.51 percentage points from 37.31% a year earlier but up 15.35 percentage points from the prior quarter.
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Analysis
Sonoco Products (SON) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Sonoco Products' Tax Rate came in at 21.25% as of Jun 28, 2026, down 12.30 percentage points year-over-year; for FY2025, it was 24.00%, up 15.32 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +3.25 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 8.68% in FY2024 (-15.81 pp), 24.48% in FY2023 (+3.67 pp), 20.81% in FY2022 (-21.07 pp) and 41.89% in FY2021 (+21.14 pp).
- Quarterly Tax Rate has ranged from 2.29% in Q3 2021 to 127.13% in Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of -3.21 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 99.31 percentage points in Q4 2022, against a drop of 95.86 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.44% (Q1 2026), 24.89% (Q4 2025) and 6.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 31.25% |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | - |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 25.83% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 20.00% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 23.38% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 24.38% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 27.79% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 28.05% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 7.69% |
| 10 | Ardagh Metal Packaging | 2.63 Bn | 2.64 Bn | 238.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 27.79% |
| Mar 29, 2026 | 12.44% |
| Dec 31, 2025 | 24.89% |
| Sep 28, 2025 | 6.04% |
| Jun 29, 2025 | 37.31% |
| Mar 30, 2025 | 30.85% |
| Sep 29, 2024 | 35.19% |
| Jun 30, 2024 | 23.31% |
| Mar 31, 2024 | 18.63% |
| Oct 1, 2023 | 23.59% |
| Jul 2, 2023 | 26.77% |
| Apr 2, 2023 | 24.27% |
| Oct 2, 2022 | 23.74% |
| Jul 3, 2022 | 25.83% |
| Apr 3, 2022 | 23.74% |
| Dec 31, 2021 | 27.83% |
| Oct 3, 2021 | 2.29% |
| Apr 4, 2021 | 25.23% |
| Jun 28, 2020 | 30.00% |
| Mar 29, 2020 | 25.13% |
API Access
Sonoco Products Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();