• Sonoco Products average ebitda margin for 2023 was 15.1%, a 12.86% decline from 2022.
• Sonoco Products average ebitda margin for 2022 was 13.38%, a 10.76% increase from 2021.
• Sonoco Products average ebitda margin for 2021 was 12.08%, a 6.86% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.