SONOCO PRODUCTS CO Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Sonoco Products Co quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Sonoco Products Co Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $27.3M, a 33% decline year-over-year.
  • Sonoco Products Co Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $106M, a 15.8% decline year-over-year.
  • Sonoco Products Co annual Income Tax Expense (Benefit) for 2023 was $149M, a 26% increase from 2022.
  • Sonoco Products Co annual Income Tax Expense (Benefit) for 2022 was $119M.
  • Sonoco Products Co annual Income Tax Expense (Benefit) for 2021 was -$67.4M, a 227% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $149M +$30.8M +26% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $119M +$186M Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 -$67.4M -$120M -227% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $53M -$40.2M -43.1% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $93.3M +$18.3M +24.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $75M -$71.6M -48.8% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $147M -$18M -11% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-28
2016 $165M +$76.9M +87.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-28
2015 $87.7M -$21M -19.3% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $109M +$15.1M +16.2% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-01
2013 $93.6M -$6.77M -6.74% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-29
2012 $100M +$22M +28% Jan 1, 2012 Dec 31, 2012 10-K/A 2015-08-26
2011 $78.4M +$13.9M +21.6% Jan 1, 2011 Dec 31, 2011 8-K 2014-04-30
2010 $64.5M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-01
* An asterisk sign (*) next to the value indicates that the value is likely invalid.