Sonoco Products Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Sonoco Products Company's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $6,781,292,000. The net income raised on $474,959,000 and profit margin reached 7%. Total operating expenses were $719,864,000.
Profit Margin
| 2014 | 5.01B | 239.16M | 4.77% |
|---|---|---|---|
| 2015 | 4.96B | 250.13M | 5.04% |
| 2016 | 4.78B | 286.43M | 5.99% |
| 2017 | 5.03B | 175.34M | 3.48% |
| 2018 | 5.39B | 313.56M | 5.82% |
| 2019 | 5.37B | 291.78M | 5.43% |
| 2020 | 5.23B | 207.46M | 3.96% |
| 2021 | 5.59B | -93.55M | -1.67% |
| 2022 | 7.25B | 466.43M | 6.43% |
| 2023 | 6.78B | 474.95M | 7% |
SON Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 6.78B | 7.25B | 5.59B | 5.23B | 5.37B | 5.39B | 5.03B | 4.78B | 4.96B | 5.01B |
Cost of revenue | 5.34B | 5.81B | 4.52B | 4.19B | 4.31B | 4.34B | 4.08B | 3.84B | 4.03B | 4.09B |
Gross profit | 1.44B | 1.43B | 1.06B | 1.04B | 1.05B | 1.04B | 949.39M | 937.42M | 929.42M | 921.29M |
Operating exp. | ||||||||||
Research and development | 29.3M | 28.7M | 24.1M | 22M | 23.3M | 23.2M | 21M | 22.5M | 22.1M | 24.2M |
Selling and marketing | 0 | -7.07M | -568.41M | -30.14M | -24.71M | -941K | 0 | 0 | 0 | 0 |
Total operating expenses | 719.86M | 707.34M | 558.18M | 528.43M | 530.86M | 563.30M | 543.67M | 506.00M | 496.24M | 506.99M |
Operating income | 715.79M | 675.39M | -64.68M | 487.75M | 467.08M | 437.62M | 405.71M | 431.42M | 433.18M | 414.30M |
Other income (expenses), net | -100.95M | -104.11M | -96.29M | -102.21M | -86.31M | -41.01M | -97.85M | 61.40M | -74.35M | -84.40M |
Income before tax | 614.83M | 571.28M | -160.98M | 255.59M | 380.76M | 378.53M | 314.55M | 441.27M | 327.94M | 339.12M |
Income tax expense | 149.27M | 118.50M | -67.43M | 53.03M | 93.26M | 75.00M | 146.58M | 164.63M | 87.73M | 108.92M |
Net income | 474.95M | 466.43M | -93.55M | 207.46M | 291.78M | 313.56M | 175.34M | 286.43M | 250.13M | 239.16M |
Earnings per share | ||||||||||
Basic EPS | 4.8 | 4.76 | -0.94 | 2.06 | 2.9 | 3.14 | 1.75 | 2.89 | 2.48 | 2.38 |
Diluted EPS | 4.8 | 4.72 | -0.94 | 2.05 | 2.88 | 3.1 | 1.74 | 2.81 | 2.44 | 2.32 |
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