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Packaging Corp of America vs Sonoco Products: revenue, profit, margins and growth compared

Packaging Corp of America brought in $9B of revenue in fiscal 2025, Sonoco Products $7.5B in fiscal 2025. Revenue changed by +7.2% at Packaging Corp of America and +41.7% at Sonoco Products on the year before, so Sonoco Products grew faster. Packaging Corp of America kept 8.6% of its revenue as net profit, Sonoco Products 13.3%. Free cash flow was $728.6M at Packaging Corp of America and $345.8M at Sonoco Products.

Side by side, latest fiscal year

PKGSON
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9B$7.5B
Revenue growth+7.2%+41.7%
Net income$774.1M$1B
Net margin8.6%13.3%
Free cash flow$728.6M$345.8M
Free cash flow margin8.1%4.6%
Earnings per share (diluted)$8.58$10.07
Cash$529M$378.4M
Debt$4B$3.8B
Price to earnings27.65.0
Market value$21.1B$4.9B
Dividend yield2.11%4.21%
Rank by revenue in sector#125 of 778 · Consumer discretionary#145 of 778 · Consumer discretionary

Over the years

Revenue
PKG FY2018: $7BPKG FY2019: $7BPKG FY2020: $6.7BPKG FY2021: $7.7BPKG FY2022: $8.5BPKG FY2023: $7.8BPKG FY2024: $8.4BPKG FY2025: $9BSON FY2018: $5.5BSON FY2019: $5.5BSON FY2020: $5.3BSON FY2021: $5.7BSON FY2022: $5.9BSON FY2023: $5.4BSON FY2024: $5.3BSON FY2025: $7.5BFY18FY19FY20FY21FY22FY23FY24FY25
PKG $9BSON $7.5B
Net income
PKG FY2018: $738MPKG FY2019: $696.4MPKG FY2020: $461MPKG FY2021: $841.1MPKG FY2022: $1BPKG FY2023: $765.2MPKG FY2024: $805.1MPKG FY2025: $774.1MSON FY2018: $313.6MSON FY2019: $291.8MSON FY2020: $207.5MSON FY2021: -$85.5MSON FY2022: $466.4MSON FY2023: $475MSON FY2024: $163.9MSON FY2025: $1BFY18FY19FY20FY21FY22FY23FY24FY25
PKG $774.1MSON $1B
Net margin
PKG FY2018: 10.5%PKG FY2019: 10.0%PKG FY2020: 6.9%PKG FY2021: 10.9%PKG FY2022: 12.1%PKG FY2023: 9.8%PKG FY2024: 9.6%PKG FY2025: 8.6%SON FY2018: 5.7%SON FY2019: 5.3%SON FY2020: 3.9%SON FY2021: -1.5%SON FY2022: 8.0%SON FY2023: 8.7%SON FY2024: 3.1%SON FY2025: 13.3%FY18FY19FY20FY21FY22FY23FY24FY25
PKG 8.6%SON 13.3%
Revenue growth
PKG FY2019: -0.7%PKG FY2020: -4.4%PKG FY2021: +16.1%PKG FY2022: +9.7%PKG FY2023: -8.0%PKG FY2024: +7.4%PKG FY2025: +7.2%SON FY2019: -0.5%SON FY2020: -2.8%SON FY2021: +6.9%SON FY2022: +2.4%SON FY2023: -7.1%SON FY2024: -2.5%SON FY2025: +41.7%FY19FY20FY21FY22FY23FY24FY25
PKG +7.2%SON +41.7%
Free cash flow
PKG FY2018: $628.7MPKG FY2019: $807.9MPKG FY2020: $611.6MPKG FY2021: $489MPKG FY2022: $670.8MPKG FY2023: $845.4MPKG FY2024: $521.5MPKG FY2025: $728.6MSON FY2018: $397.3MSON FY2019: $229.9MSON FY2020: $511.5MSON FY2021: $42.7MSON FY2022: $180.3MSON FY2023: $519.8MSON FY2024: $440.6MSON FY2025: $345.8MFY18FY19FY20FY21FY22FY23FY24FY25
PKG $728.6MSON $345.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Packaging Corp of America and Sonoco Products

Which is bigger by revenue, Packaging Corp of America or Sonoco Products?

Packaging Corp of America is bigger by revenue: $9B in fiscal 2025, against $7.5B for Sonoco Products in fiscal 2025.

Which keeps more of its revenue as profit, Packaging Corp of America or Sonoco Products?

Packaging Corp of America had a net margin of 8.6% in fiscal 2025; Sonoco Products had 13.3% in fiscal 2025.

Which grew revenue faster, Packaging Corp of America or Sonoco Products?

In their latest fiscal years revenue changed by +7.2% at Packaging Corp of America and +41.7% at Sonoco Products.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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