Sonoco
SON
$55.79
Share price
-0.66%
Change (1 day)
-8.90%
Change (1 year)
Operating Margin for Sonoco (SON)
Operating Margin as of April 2024 (TTM): 7.87%
According to Sonoco's latest financial reports and stock price the company's current Operating Margin is 7.87%. At the end of 2022 the company had an Operating Margin of 7.88%.
Operating Margin history for Sonoco from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.88% | -373.62% |
| 2021 | -2.88% | -159.01% |
| 2020 | 4.88% | -31.12% |
| 2019 | 7.09% | 0.9% |
| 2018 | 7.02% | 12.43% |
| 2017 | 6.25% | -32.31% |
| 2016 | 9.23% | 39.66% |
| 2015 | 6.61% | -2.32% |
| 2014 | 6.76% | 7.65% |
| 2013 | 6.28% | 4.74% |
| 2012 | 6.00% | -5.12% |
| 2011 | 6.32% | 2.46% |
| 2010 | 6.17% | 3.61% |
| 2009 | 5.95% | 21.3% |
| 2008 | 4.91% | -22.41% |
| 2007 | 6.33% | -15.8% |
| 2006 | 7.51% | 14.73% |
| 2005 | 6.55% | 4.73% |
| 2004 | 6.25% | 59.24% |
| 2003 | 3.93% | -44.36% |
| 2002 | 7.06% | 4.65% |
| 2001 | 6.74% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Hasbro HAS | 4.46% | -43.33% | 🇺🇸 USA |
 3M MMM | -9.39% | -219.31% | 🇺🇸 USA |
 Sealed Air
SEE | 12.92% | 64.17% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 7.39% | -6.10% | 🇺🇸 USA |
 Greif GEF | 11.91% | 51.33% | 🇺🇸 USA |
 Crown Holdings
CCK | 8.15% | 3.56% | 🇺🇸 USA |
 Rocket Companies
RKT | -19.19% | -343.84% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.