Sonoco Products Company (SON)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 507,837 | 590,964 | 625,769 | 634,080 | 672,803 | 660,508 | 679,513 | 718,954 | 705,221 | 683,044 | 627,614 | 535,605 | 486,853 | 399,342 | 379,574 | 348,010 | 357,804 | 422,452 | 454,256 | 480,297 |
| 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 |
| Operating profit margin | 8.06% | 8.99% | 9.47% | 9.48% | 9.92% | 9.68% | 9.71% | 9.97% | 9.73% | 9.74% | 9.60% | 8.91% | 8.71% | 7.22% | 7.00% | 6.58% | 6.83% | 8.17% | 8.72% | 9.02% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $507,837K ÷ $6,299,940K
= 8.06%
Sonoco Products Company's operating profit margin has demonstrated fluctuations over the analyzed period, ranging from a low of 6.58% as of March 31, 2021, to a high of 9.97% as of March 31, 2023. Generally, the operating profit margin has shown a positive trend from March 31, 2021, gradually increasing until March 31, 2023. This suggests that the company managed to improve its ability to generate profits from its core operations during this period.
However, after reaching a peak at 9.97% on March 31, 2023, the operating profit margin experienced a slight decline but remained relatively stable within the range of 9.47% to 8.06% for the subsequent quarters. It is essential to monitor this metric closely to understand the factors contributing to these fluctuations and assess the company's overall profitability performance.
Overall, Sonoco Products Company's operating profit margin reflects its operational efficiency and ability to control costs relative to its revenue. A higher operating profit margin generally indicates better efficiency in managing operating expenses and generating profits, which can be a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024