Company / R&D Expense
Sonoco R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$21.5M
FY2025
5-year range
$21.5M / $23.9M
FY2021-FY2025
Trend
-6.5%
vs FY2024
Sector context
#42 of 53
Materials
What the data says
Sonoco's r&d expense of $22M is lower than 79% of companies in the Materials sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $21M in FY2019 to $24M in FY2016.
Based on SEC 10-K filings.
$22M in FY2025 with a 5-year CAGR of -1.5%.
Declined from $24M to $22M over the past 2 years.
Materials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -2.4%
- 5-Year CAGR
- -1.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 21% in MaterialsTop 79% of 53This company $21.5M Sector average $131.8M
▼
-83.7% below sector average
Key checks
Key Insights
- 5-year CAGR of -1.5%, indicating a declining trend.
- In FY2025, r&d expense decreased 6.5% year-over-year.
- Ranks #42 out of 53 companies in the Materials sector.
- Peak r&d expense was recorded in FY2016.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $21.5M | -6.5% |
| FY2024 | $23.0M | -3.8% |
| FY2023 | $23.9M | +3.5% |
| FY2022 | $23.1M | -0.9% |
| FY2021 | $23.3M | +0.4% |
| FY2020 | $23.2M | +10.5% |
| FY2019 | $21.0M | -9.5% |
| FY2018 | $23.2M | +5.0% |
| FY2017 | $22.1M | -8.7% |
| FY2016 | $24.2M | +9.5% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026