Sonoco Products (SON) Tax Rate (2009 - 2026)
Sonoco Products' (SON) quarterly Tax Rate came in at 27.79% in Q2 2026, down 951.0% on a YoY basis from 3.27% in Q2 2025, and up 123.4% quarter-over-quarter from 12.44% in Q1 2026.
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Sonoco Products (SON) Tax Rate (2009 - 2026) Analysis & Trends
Sonoco Products (SON) has reported Tax Rate for 18 consecutive years, with 27.79% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 951.0% year-over-year to 27.79%; the trailing twelve-month figure through Jun 2026 stood at 21.25% (down 1230.0% YoY), and the FY2025 full-year result was 24.0%, up 1532.0% from the prior year.
- Tax Rate climbed to 27.79% in Q2 2026 per SON's latest filing, from 12.44% in the prior quarter.
- Across five years, Tax Rate topped out at 127.13% in Q4 2022 and bottomed at 6.04% in Q3 2025.
- Historically, Tax Rate has averaged 31.08% across 5 years, with a median of 25.36% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 9931 bps in 2022, then slumped 9586 bps in 2023.
- Over 5 years, Tax Rate stood at 127.13% in 2022, then slumped by 75 bps to 31.28% in 2023, then climbed by 17 bps to 36.55% in 2024, then slumped by 32 bps to 24.89% in 2025, then advanced by 12 bps to 27.79% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.79%, 12.44%, and 24.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 57.69% |
| 2 | Smurfit Westrock | 22.15 Bn | 21.47 Bn | 1.40 Bn | 31.25% |
| 3 | Packaging Corp Of America | 20.16 Bn | 19.57 Bn | 512.50 Mn | 25.83% |
| 4 | Sonoco Products | 4.81 Bn | 4.64 Bn | 392.38 Mn | 27.79% |
| 5 | Graphic Packaging Holding | 2.85 Bn | 2.64 Bn | 292.00 Mn | 7.69% |
| 6 | Ranpak Holdings | 345.53 Mn | 302.33 Mn | 34.50 Mn | 26.85% |
| 7 | Clearwater Paper | 321.07 Mn | 225.67 Mn | -10.40 Mn | 28.57% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.48 Mn | 2.32 Mn | - | - |
| 10 | It Tech Packaging | 2.20 Mn | -7.57 Mn | 2.02 Mn | -26.83% |
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% |
| Dec 31, 2024 | 36.55% |
| Sep 29, 2024 | 35.19% |
| Jun 30, 2024 | 23.31% |
| Mar 31, 2024 | 18.63% |
| Dec 31, 2023 | 31.28% |
| Oct 1, 2023 | 23.59% |
| Jul 2, 2023 | 26.77% |
| Apr 2, 2023 | 24.27% |
| Dec 31, 2022 | 127.13% |
| 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% |