About Sonoco Products Co (SON)

Sonoco Products Co (SON) is a global provider of consumer packaging, industrial products, and packaging supply chain services. The company operates through various segments, including Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. Sonoco offers a wide range of packaging solutions, including rigid paper and plastic containers, flexible packaging, composite cans, and tubes. The company also provides display and merchandising solutions, such as point-of-purchase displays and retail packaging. With its extensive product portfolio and global presence, Sonoco serves a diverse range of industries, including food, beverages, healthcare, and industrial markets.

In terms of financial performance, Sonoco has a solid track record of delivering consistent results. The company achieved net sales of $5.4 billion in 2020, with a net income of $235 million. Sonoco's strong profitability is reflected in its solid gross margin and operating margin of 20.9% and 7.4%, respectively. The company has consistently generated positive cash flows and has a strong balance sheet, with a debt-to-equity ratio of 0.76. Sonoco's stock has also delivered attractive returns to investors, with a 52-week range of $40.52 to $66.28.