← SONOCO PRODUCTS CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $286.4m |
$175.3m
-38.78%
|
$313.6m
+78.82%
|
$291.8m
-6.94%
|
$207.5m
-28.90%
|
($85.5m)
-141.20%
|
$466.4m
+645.69%
|
$475.0m
+1.83%
|
$163.9m
-65.48%
|
$1.0b
+511.78%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $287.9m | $177.4m | $314.7m | $292.7m | $207.2m | ($82.7m) | $467.0m | $475.9m | $163.9m | $1.0b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.4m | $2.1m | $1.2m | $883k | ($222k) | $2.8m | $543k | $942k | — | — | — | |
| Depreciation, Depletion and Amortization | $205.2m | $217.6m | $236.2m | $239.1m | $255.4m | $239.1m | $308.8m | $341.0m | $374.9m | $519.4m | $524.5m | |
| Amortization of Intangible Assets | $31.9m | $38.2m | $47.2m | $51.6m | $52.9m | $49.4m | $80.4m | $87.3m | $78.6m | $182.4m | — | |
| Depreciation | $173.3m | $178.0m | $188.5m | $186.5m | $201.0m | $189.7m | $216.1m | $240.6m | $224.6m | $324.2m | $524.5m | |
| Deferred Income Tax Expense (Benefit) | $2.5m | ($19.8m) | ($7.1m) | $29.9m | ($5.2m) | ($158.9m) | ($12.3m) | ($12.2m) | ($57.1m) | $15.6m | $35.4m | |
| Share-based Payment Arrangement, Noncash Expense | $19.3m | $13.5m | $10.7m | $14.3m | $10.6m | $22.6m | $31.3m | $27.8m | $29.7m | $18.0m | $20.0m | |
| Share-based Payment Arrangement, Expense | $19.3m | $13.5m | $10.7m | $14.3m | $10.6m | $22.6m | $31.3m | $27.8m | $26.9m | $17.8m | $20.0m | |
| Goodwill, Impairment Loss | $2.6m | — | — | — | — | — | — | $0 | $0 | $0 | $9.8m | |
| Income (Loss) from Equity Method Investments | $11.2m | $9.5m | $11.2m | $5.2m | $4.7m | $10.8m | $14.2m | $10.3m | $9.6m | $9.5m | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | $39.7m | ($104.2m) | ($27.5m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $44.7m | $43.8m | ($38.2m) | ($59.6m) | ($17.9m) | $149.8m | $2.5m | ($24.9m) | ($17.8m) | ($97.9m) | ($15.1m) | |
| Increase (Decrease) in Inventories | $11.5m | $16.1m | $6.2m | ($2.6m) | ($12.1m) | $130.1m | $353.5m | ($342.7m) | $13.3m | $80.9m | ($29.2m) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | $982k | $4.3m | — | |
| Net Cash Provided by (Used in) Operating Activities | $398.7m |
$349.4m
-12.37%
|
$589.9m
+68.85%
|
$425.9m
-27.81%
|
$705.6m
+65.70%
|
$298.7m
-57.67%
|
$509.0m
+70.44%
|
$882.9m
+73.44%
|
$833.8m
-5.56%
|
$689.8m
-17.28%
|
$637.1m
-7.63%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $186.7m | $188.9m | $192.6m | $195.9m | $194.1m | $256.0m | $328.8m | $363.1m | $393.2m | $344.0m | ($282.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($14.2m) | ($2.0m) | ($8.6m) | ($746k) | $2.8m | ($15k) | $6.0m | $65.9m | $55k | $22.6m | ($372.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $88.6m | $383.7m | $277.2m | $298.4m | $49.3m | $22.2m | $1.4b | $372.6m | $3.8b | — | ($3.8b) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | ($7.6m) | ($4.7m) | ($14.1m) | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($3.1m) | ($565.7m) | ($444.1m) | ($479.1m) | ($126.3m) | ($165.9m) | ($1.7b) | ($619.3m) | ($4.1b) | $2.2b | $418.3m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($20.2m) | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $241.2m | $448.5m | $226.9m | $276.8m | $1.1b | $172.0m | $2.2b | $962.6m | $4.1b | $66.7m | $68.4m | |
| Payments for Repurchase of Common Stock | $106.7m | $6.3m | $14.6m | $9.6m | $8.5m | $218.1m | $4.5m | $10.6m | $9.2m | $10.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $146.4m | $153.1m | $161.4m | $170.3m | $172.6m | $178.6m | $187.1m | $197.4m | $203.5m | $208.1m | ($210.3m) | |
| Proceeds from Issuance of Common Stock | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($315.7m) |
$203.2m
+164.38%
|
($273.7m)
-234.65%
|
$77.2m
+128.21%
|
($162.9m)
-310.98%
|
($513.5m)
-215.30%
|
$1.3b
+352.01%
|
($352.0m)
-127.20%
|
$3.7b
+1142.21%
|
($3.0b)
-181.42%
|
($1.2b)
+59.72%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.0m) | $10.8m | ($6.6m) | $24.9m | $419.6m | ($393.9m) | $56.5m | ($75.5m) | $291.1m | ($64.7m) | $182.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $145.3m | $564.8m | $171.0m | $227.4m | $151.9m | $443.1m | $378.4m | $182.2m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($5.0m) | $10.8m | ($6.6m) | $941k | $3.1m | ($13.1m) | ($5.4m) | $12.9m | ($105.6m) | $36.4m | ($13.5m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $53.4m | $57.2m | $63.1m | $66.8m | $71.7m | $68.2m | $88.2m | $135.9m | $151.2m | $260.5m | — | |
| Income Taxes Paid, Net | $134.8m | $97.0m | $103.4m | $82.5m | $65.0m | $133.6m | $122.9m | $189.8m | $92.4m | $264.9m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | — | $7.2m | ($1.7m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | $0 | $0 | ($113.7m) | $0 | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | ($425k) | — | — | — | — | $0 | $0 | $113.7m | $0 | — | |
| Gain (Loss) on Disposition of Business | $108.7m | $0 | $0 | — | ($14.5m) | ($2.7m) | $0 | $57.1m | ($23.5m) | $978.4m | — | |
| Goodwill | $1.1b | $1.2b | $1.3b | $1.4b | $1.4b | $1.3b | $1.7b | $1.8b | $2.5b | $2.5b | $9.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $67.7m | $590.7m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $67.6m | $591.0m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $96.4m | $412.3m | — | |
| Income Tax Expense (Benefit) | $164.6m | $146.6m | $75.0m | $93.3m | $53.0m | ($67.4m) | $118.5m | $149.3m | $5.5m | $183.6m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $172.6m | $233.5m | — | |
| Investment Income, Interest | $2.6m | $4.5m | $5.0m | $5.2m | $3.0m | $4.8m | $4.6m | $10.4m | $27.6m | $20.5m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | $19.0m | $0 | — | |
| Proceeds from Stock Options Exercised | — | $0 | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs | $7.1m | $20.0m | $5.8m | $25.0m | $100.2m | $4.1m | $21.4m | $56.9m | $65.4m | $66.2m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.