Sonoco Products Company (SON) Balance Sheet
SON balance sheet, 2025
December 31, 2025 · U.S. dollars$11.16B assets = $7.53B liabilities + $3.63B equity
Both columns are drawn to the same scale: what SON owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SON financial health
Descriptive bands, not a rating. Fiscal 2025.
SON balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.92B2016 | $11.16B2025 | +12.3%/yr | |
| Total liabilities | $2.37B2016 | $7.53B2025 | +13.7%/yr | |
| Shareholders’ equity | $1.55B2016 | $3.61B2025 | +9.8%/yr | |
| Cash & short-term investments | $257.2M2016 | $378.4M2025 | +4.4%/yr | |
| Total debt | $1.05B2016 | $4.59B2025 | +17.8%/yr | |
| Net cash (debt) | −$795.5M2016 | −$4.21B2025 | −$3.4B | |
| Working capital | $546.2M2016 | $117.6M2025 | −$428.5M | |
| Book value per share | $15.272016 | $36.292025 | +10.1%/yr | |
| Current ratio | 1.682016 | 1.052025 | −0.63 | |
| Debt / equity | 0.682016 | 1.272025 | +0.59 | |
| Shares outstanding | 101.8M2016 | 99.6M2025 | −0.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SON assets
SON liabilities and equity
SON debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SON balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $378.4M | $431.0M | $138.9M | $227.4M | $171.0M | $564.8M | $145.3M | $120.4M | $254.9M | $257.2M |
| Cash & equivalents | $378.4M | $431.0M | $138.9M | $227.4M | $171.0M | $564.8M | $145.3M | $120.4M | $254.9M | $257.2M |
| Short-term investments | — | — | — | — | — | — | $88,000 | $727,000 | $90,000 | $194,000 |
| Receivables | $1.02B | $1.08B | $744.2M | $962.2M | $851.6M | $762.4M | $811.9M | $849.3M | $789.8M | $669.0M |
| Inventory | $1.12B | $1.02B | $603.6M | $1.10B | $562.1M | $450.7M | $503.8M | $493.8M | $474.1M | $372.8M |
| Other current assets | $125.4M | $648.0M | $563.6M | $76.1M | $74.0M | $52.6M | $60.2M | $55.8M | $44.8M | $49.8M |
| Total current assets | $2.65B | $3.18B | $2.05B | $2.36B | $1.66B | $1.83B | $1.52B | $1.52B | $1.56B | $1.35B |
| Property, plant & equipment (net) | $3.11B | $3.03B | $1.90B | $2.11B | $1.52B | $1.58B | $1.62B | $1.23B | $1.17B | $1.06B |
| Goodwill & intangible assets | $5.20B | $5.11B | $2.02B | $2.42B | $1.60B | $1.71B | $1.82B | $1.66B | $1.57B | $1.32B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $54.3M | $55.5M | $107.7M | $107.0M |
| Other non-current assets | $215.7M | $1.19B | $1.22B | $164.1M | $288.4M | $159.1M | $113.0M | $113.7M | $143.8M | $90.3M |
| Total assets | $11.16B | $12.51B | $7.19B | $7.05B | $5.07B | $5.28B | $5.13B | $4.58B | $4.56B | $3.92B |
| Liabilities | ||||||||||
| Accounts payable | $1.86B | $1.13B | $537.9M | $818.9M | $721.3M | $536.9M | $537.8M | $556.0M | $548.3M | $477.8M |
| Short-term debt | $538.0M | $2.05B | $38.9M | $554.7M | $411.6M | $507.9M | $542.3M | $195.4M | $159.3M | $32.0M |
| Deferred revenue | — | — | — | $22.4M | $19.0M | $16.7M | $17.0M | $8.5M | −$274.4M | −$255.3M |
| Total current liabilities | $2.53B | $4.04B | $1.17B | $1.74B | $1.53B | $1.51B | $1.40B | $1.08B | $1000.0M | $802.6M |
| Long-term debt | $3.79B | $4.99B | $3.00B | $2.72B | $1.20B | $1.24B | $1.19B | $1.19B | $1.29B | $1.02B |
| Lease obligations | $263.2M | $258.7M | $265.5M | $251.0M | $234.2M | $262.0M | $254.0M | — | — | — |
| Other long-term liabilities | $1.21B | $1.20B | $596.8M | $516.5M | $498.8M | $610.7M | $713.0M | $538.5M | $539.7M | $545.2M |
| Total liabilities | $7.53B | $10.22B | $4.76B | $4.98B | $3.22B | $3.37B | $3.31B | $2.81B | $2.83B | $2.37B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $337.3M | $328.2M |
| Retained earnings (deficit) | $3.38B | $2.58B | $2.62B | $2.35B | $2.07B | $2.34B | $2.30B | $2.19B | $2.04B | $1.94B |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $37.2M | −$502.7M | −$366.3M | −$430.1M | −$359.4M | −$756.8M | −$816.8M | −$740.9M | −$666.3M | −$738.4M |
| Minority interest | $18.0M | $14.6M | $7.5M | $7.0M | $12.1M | $10.9M | $13.0M | $13.2M | $23.0M | $22.3M |
| Total shareholders' equity | $3.61B | $2.27B | $2.42B | $2.07B | $1.84B | $1.90B | $1.80B | $1.77B | $1.73B | $1.55B |
| Key figures | ||||||||||
| Total debt | $4.59B | $7.30B | $3.23B | $3.53B | $1.84B | $2.01B | $1.99B | $1.39B | $1.45B | $1.05B |
| Net cash (debt) | −$4.21B | −$6.87B | −$3.09B | −$3.30B | −$1.67B | −$1.45B | −$1.84B | −$1.26B | −$1.19B | −$795.5M |
| Working capital | $117.6M | −$859.7M | $885.1M | $617.4M | $132.9M | $318.9M | $116.7M | $436.3M | $563.7M | $546.2M |
| Tangible book value | −$1.58B | −$2.84B | $399.8M | −$351.1M | $234.8M | $188.4M | −$15.0M | $111.1M | $156.9M | $237.5M |
| Book value per share | $36.29 | $22.88 | $24.52 | $20.92 | $18.45 | $18.77 | $17.82 | $17.54 | $17.15 | $15.27 |
| Shares outstanding | 99.6M | 99.3M | 98.9M | 98.7M | 99.6M | 101.2M | 101.2M | 101.0M | 100.9M | 101.8M |
| Current ratio | 1.05 | 0.79 | 1.76 | 1.35 | 1.09 | 1.21 | 1.08 | 1.40 | 1.56 | 1.68 |
| Quick ratio | 0.55 | 0.38 | 0.76 | 0.68 | 0.67 | 0.88 | 0.68 | 0.90 | 1.04 | 1.15 |
| Debt / equity | 1.27 | 3.21 | 1.33 | 1.71 | 1.00 | 1.06 | 1.10 | 0.78 | 0.84 | 0.68 |
| Equity / assets | 32.4% | 18.2% | 33.7% | 29.3% | 36.2% | 36.0% | 35.2% | 38.7% | 38.0% | 39.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $168.6M | $224.5M | $378.4M | $244.9M | $329.8M | $181.8M | $431.0M | $1.93B | $140.2M | $172.2M | $138.9M | $257.9M |
| Cash & equivalents | $168.6M | $224.5M | $378.4M | $244.9M | $329.8M | $181.8M | $431.0M | $1.93B | $140.2M | $172.2M | $138.9M | $257.9M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | $31.0M |
| Receivables | $1.20B | $1.12B | $1.02B | $1.29B | $1.27B | $1.19B | $1.08B | $1.15B | $1.07B | $1.04B | $744.2M | $1.06B |
| Inventory | $1.26B | $1.22B | $1.12B | $1.16B | $1.28B | $1.14B | $1.02B | $755.3M | $732.6M | $749.0M | $603.6M | $826.0M |
| Other current assets | $167.8M | $184.1M | $125.4M | $459.3M | $155.9M | $664.8M | $648.0M | $130.6M | $171.8M | $101.3M | $563.6M | $91.1M |
| Total current assets | $2.79B | $2.74B | $2.65B | $3.16B | $3.04B | $3.17B | $3.18B | $3.97B | $2.11B | $2.06B | $2.05B | $2.24B |
| Property, plant & equipment (net) | $3.01B | $3.05B | $3.11B | $3.07B | $3.20B | $3.11B | $3.03B | $2.24B | $2.21B | $2.25B | $1.90B | $2.14B |
| Goodwill & intangible assets | $5.00B | $5.08B | $5.20B | $5.19B | $5.43B | $5.21B | $5.11B | $2.57B | $2.57B | $2.62B | $2.02B | $2.64B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $179.2M | $193.0M | $215.7M | $291.0M | $299.3M | $1.19B | $1.19B | $262.6M | $259.7M | $255.1M | $1.22B | $256.3M |
| Total assets | $10.97B | $11.07B | $11.16B | $11.72B | $11.97B | $12.68B | $12.51B | $9.04B | $7.15B | $7.20B | $7.19B | $7.27B |
| Liabilities | ||||||||||||
| Accounts payable | $1.79B | $1.61B | $1.86B | $1.13B | $1.21B | $1.02B | $1.13B | $748.2M | $730.6M | $722.6M | $537.9M | $695.5M |
| Short-term debt | $968.8M | $1.20B | $538.0M | $1.37B | $436.9M | $2.15B | $2.05B | $481.7M | $536.9M | $453.7M | $38.9M | $96.8M |
| Deferred revenue | — | — | — | — | — | — | — | −$1.19B | $27.0M | −$1.12B | — | — |
| Total current liabilities | $2.80B | $2.85B | $2.53B | $3.42B | $2.42B | $3.99B | $4.04B | $1.68B | $1.63B | $1.58B | $1.17B | $1.19B |
| Long-term debt | $3.48B | $3.49B | $3.79B | $3.79B | $4.99B | $4.98B | $4.99B | $4.32B | $2.54B | $2.63B | $3.04B | $3.21B |
| Lease obligations | $259.2M | $264.6M | $263.2M | $244.8M | $268.2M | $277.9M | $258.7M | $269.3M | $267.5M | $282.9M | $265.5M | $262.7M |
| Other long-term liabilities | $1.09B | $1.15B | $1.21B | $1.19B | $1.31B | $1.26B | $1.20B | $557.0M | $544.7M | $563.1M | $559.0M | $533.2M |
| Total liabilities | $7.38B | $7.48B | $7.53B | $8.40B | $8.72B | $10.22B | $10.22B | $6.56B | $4.71B | $4.77B | $4.76B | $4.93B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M |
| Retained earnings (deficit) | $3.44B | $3.39B | $3.38B | $3.10B | $3.03B | $2.59B | $2.58B | $2.68B | $2.68B | $2.64B | $2.62B | $2.59B |
| Accumulated other comprehensive income | −$67.2M | −$22.5M | $37.2M | $9.0M | $17.4M | −$324.6M | −$502.7M | −$382.0M | −$418.3M | −$385.4M | −$366.3M | −$420.1M |
| Minority interest | $17.5M | $17.7M | $18.0M | $14.8M | $15.3M | — | — | — | — | — | — | — |
| Total shareholders' equity | $3.60B | $3.59B | $3.61B | $3.30B | $3.24B | $2.45B | $2.27B | $2.48B | $2.43B | $2.42B | $2.42B | $2.33B |
| Key figures | ||||||||||||
| Total debt | $4.71B | $4.95B | $4.59B | $5.40B | $5.69B | $7.40B | $7.30B | $5.07B | $3.35B | $3.37B | $3.23B | $3.57B |
| Net cash (debt) | −$4.54B | −$4.73B | −$4.21B | −$5.16B | −$5.36B | −$7.22B | −$6.87B | −$3.14B | −$3.21B | −$3.19B | −$3.09B | −$3.31B |
| Working capital | −$14.5M | −$103.7M | $117.6M | −$263.5M | $613.4M | −$810.9M | −$859.7M | $2.29B | $488.3M | $487.3M | $885.1M | $1.05B |
| Tangible book value | −$1.40B | −$1.50B | −$1.58B | −$1.89B | −$2.20B | −$2.76B | −$2.84B | −$87.6M | −$138.8M | −$203.8M | $399.8M | −$303.4M |
| Book value per share | $36.08 | $35.97 | $36.24 | $33.16 | $32.53 | $24.64 | $22.88 | $24.97 | $24.53 | $24.41 | $24.45 | $23.58 |
| Shares outstanding | 99.7M | 99.7M | 99.7M | 99.6M | 99.5M | 99.3M | 99.3M | 99.3M | 99.2M | 99.2M | 99.2M | 98.9M |
| Current ratio | 0.99 | 0.96 | 1.05 | 0.92 | 1.25 | 0.80 | 0.79 | 2.36 | 1.30 | 1.31 | 1.76 | 1.89 |
| Quick ratio | 0.49 | 0.47 | 0.55 | 0.45 | 0.66 | 0.34 | 0.38 | 1.84 | 0.74 | 0.77 | 0.76 | 1.12 |
| Debt / equity | 1.31 | 1.38 | 1.27 | 1.63 | 1.76 | 3.02 | 3.21 | 2.05 | 1.37 | 1.39 | 1.33 | 1.53 |
| Equity / assets | 32.8% | 32.4% | 32.4% | 28.2% | 27.0% | 19.3% | 18.2% | 27.4% | 34.0% | 33.6% | 33.7% | 32.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
SON financial position
At the end of fiscal 2025 (December 31, 2025), Sonoco Products had total assets of $11.2 billion (down 10.8% from a year earlier), total liabilities of $7.5 billion and shareholders' equity of $3.6 billion. It held $378.4 million in cash and short-term investments against $4.6 billion of debt, net debt of $4.2 billion. Its current ratio was 1.05. In the latest quarter (ended June 30, 2026) total assets were $11.0 billion and equity $3.6 billion.
Related: SON income statement, SON cash flow statement, SON key metrics. See the SON stock overview for the latest quote and news.
SON balance sheet FAQ
What are Sonoco Products's total assets?
Sonoco Products reported total assets of $11.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $12.5 billion a year earlier.
How much debt does Sonoco Products have?
Sonoco Products had $4.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.27.
How much cash does Sonoco Products have?
Sonoco Products held $378.4 million in cash and short-term investments at the end of fiscal 2025; with $4.6 billion of debt that is net debt of $4.2 billion.
What is Sonoco Products's book value?
Sonoco Products's shareholders' equity (book value) was $3.6 billion at the end of fiscal 2025, or $36.29 per share.
What is Sonoco Products's current ratio?
Sonoco Products had current assets of $2.6 billion and current liabilities of $2.5 billion, a current ratio of 1.05 (it can cover its short-term obligations).
How much goodwill does Sonoco Products have?
Sonoco Products carried $5.2 billion of goodwill and intangible assets, 46.5% of total assets, at the end of fiscal 2025.