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| Date | Value |
|---|---|
| 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% |