Sonoco Products Company (SON)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 163,949 | 288,151 | 367,979 | 391,817 | 474,959 | 490,920 | 482,400 | 499,423 | 466,437 | 434,391 | 423,302 | -42,440 | -85,476 | -162,275 | -189,966 | 199,315 | 207,463 | 264,004 | 272,619 | 298,567 |
| Revenue (ttm) | US$ in thousands | 6,299,940 | 6,572,460 | 6,607,010 | 6,689,050 | 6,781,290 | 6,821,510 | 7,001,310 | 7,208,510 | 7,249,710 | 7,012,880 | 6,537,850 | 6,008,110 | 5,590,430 | 5,527,590 | 5,424,710 | 5,287,440 | 5,237,440 | 5,169,940 | 5,211,560 | 5,325,800 |
| Net profit margin | 2.60% | 4.38% | 5.57% | 5.86% | 7.00% | 7.20% | 6.89% | 6.93% | 6.43% | 6.19% | 6.47% | -0.71% | -1.53% | -2.94% | -3.50% | 3.77% | 3.96% | 5.11% | 5.23% | 5.61% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $163,949K ÷ $6,299,940K
= 2.60%
The net profit margin of Sonoco Products Company has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
The net profit margin started at 5.61% on March 31, 2020, and then gradually decreased to 3.96% by December 31, 2020. Subsequently, there was a significant drop, with negative net profit margins recorded from June 30, 2021, to March 31, 2022.
However, from June 30, 2022, onwards, the net profit margin showed a positive trend, reaching a peak of 7.20% on September 30, 2023. The margin then decreased slightly to 7.00% by December 31, 2023, before declining to 2.60% by December 31, 2024.
Overall, the net profit margin of Sonoco Products Company has experienced variability, with periods of both positive and negative margins. Investors may want to further investigate the factors driving these fluctuations to assess the company's financial performance and stability.
Peer comparison
Dec 31, 2024