IP · International Paper Co /New/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.97B | - | $6.22B | $6.77B | $5.90B | - | $4.69B | $4.73B | $4.62B | - |
| Cost of Revenue | $4.24B | - | $4.29B | $4.88B | $4.26B | - | $3.34B | $3.36B | $3.42B | - |
| Gross Profit | $1.73B | - | $1.94B | $1.89B | $1.64B | - | $1.34B | $1.37B | $1.20B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $510.00M | - | $493.00M | $578.00M | $530.00M | - | $508.00M | $453.00M | $358.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $489.00M | - | $1.10B | $480.00M | $571.00M | - | $267.00M | $261.00M | $278.00M | - |
| Operating Income | $93.00M | - | ($675.00M) | $116.00M | ($135.00M) | - | $237.00M | $322.00M | $169.00M | - |
| Interest Expense | $132.00M | - | $135.00M | $143.00M | $133.00M | - | $106.00M | $107.00M | $109.00M | - |
| Income Tax | $17.00M | - | ($250.00M) | $40.00M | ($31.00M) | - | ($71.00M) | ($293.00M) | $27.00M | - |
| Net Income | $60.00M | - | ($1.10B) | $75.00M | ($105.00M) | - | $150.00M | $498.00M | $56.00M | - |
| EPS - Basic | $0.11 | - | ($2.09) | $0.14 | ($0.24) | - | $0.43 | $1.43 | $0.16 | - |
| EPS - Diluted | $0.11 | - | ($2.09) | $0.14 | ($0.24) | - | $0.42 | $1.41 | $0.16 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.24B | $1.15B | $995.00M | $1.14B | $1.16B | $1.17B | $1.16B | $1.05B | $1.07B | $1.11B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $1.90B | $2.01B | $2.18B | $2.66B | $2.59B | $1.78B | $1.79B | $1.73B | $1.77B | $1.89B |
| Accounts Payable | $3.83B | $3.90B | $3.82B | $4.34B | $4.22B | $2.32B | $2.44B | $2.35B | $2.32B | $2.44B |
| Current Assets | $8.58B | $10.11B | $10.46B | $9.50B | $9.29B | $6.42B | $6.64B | $6.56B | $6.46B | $6.61B |
| Total Assets | $36.43B | $37.96B | $40.57B | $42.38B | $41.17B | $22.80B | $23.16B | $23.06B | $23.03B | $23.26B |
| Current Liabilities | $7.07B | $7.90B | $7.97B | $7.12B | $6.99B | $4.26B | $4.35B | $4.11B | $3.85B | $3.96B |
| Long-term Debt | - | $8.84B | - | - | - | $5.37B | - | - | - | $5.46B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $14.81B | $14.83B | $17.32B | $8.17B | $18.09B | $8.17B | $8.63B | $8.60B | $8.26B | $8.36B |
| Retained Earnings | $4.70B | $4.88B | $7.52B | $8.87B | $9.04B | $9.39B | $9.71B | $9.72B | $9.39B | $9.49B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $611.00M | - | - | - | ($288.00M) | - | - | - | $395.00M | - |
| Investing Cash Flow | $565.00M | - | - | - | $237.00M | - | - | - | ($247.00M) | - |
| Financing Cash Flow | ($1.02B) | - | - | - | $21.00M | - | - | - | ($191.00M) | - |
| CapEx | $517.00M | - | - | - | $330.00M | - | - | - | $251.00M | - |
| Free Cash Flow | $94.00M | - | - | - | ($618.00M) | - | - | - | $144.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.9% | - | 31.1% | 27.9% | 27.8% | - | 28.7% | 29.0% | 25.9% | - |
| Operating margin | 1.6% | - | -10.8% | 1.7% | -2.3% | - | 5.1% | 6.8% | 3.7% | - |
| EBITDA margin | 9.7% | - | 6.8% | 8.8% | 7.4% | - | 10.8% | 12.3% | 9.7% | - |
| Net margin | 1.0% | - | -17.7% | 1.1% | -1.8% | - | 3.2% | 10.5% | 1.2% | - |
| Free cash flow margin | 1.6% | - | - | - | -10.5% | - | - | - | 3.1% | - |
| FCF / Net income | 1.57 | - | - | - | 5.89 | - | - | - | 2.57 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 8.5% | - | 7.9% | 8.5% | 9.0% | - | 10.8% | 9.6% | 7.8% | - |
| Effective tax rate | 22.1% | - | - | 34.8% | - | - | -89.9% | -142.9% | 32.5% | - |
| Return on assets | 0.2% | - | -2.7% | 0.2% | -0.3% | - | 0.6% | 2.2% | 0.2% | - |
| Return on equity | 0.4% | - | -6.4% | 0.9% | -0.6% | - | 1.7% | 5.8% | 0.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.21 | 1.28 | 1.31 | 1.33 | 1.33 | 1.51 | 1.53 | 1.59 | 1.68 | 1.67 |
| Quick ratio | 0.94 | 1.02 | 1.04 | 0.96 | 0.96 | 1.09 | 1.11 | 1.17 | 1.22 | 1.19 |
| Cash ratio | 0.17 | 0.14 | 0.12 | 0.16 | 0.17 | 0.27 | 0.27 | 0.25 | 0.28 | 0.28 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.60 | - | - | - | 0.66 | - | - | - | 0.65 |
| Debt / Assets | - | 0.23 | - | - | - | 0.24 | - | - | - | 0.23 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 0.7x | - | -5.0x | 0.8x | -1.0x | - | 2.2x | 3.0x | 1.6x | - |
| Equity multiplier | 2.46 | 2.56 | 2.34 | 5.18 | 2.28 | 2.79 | 2.68 | 2.68 | 2.79 | 2.78 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.15 | 0.16 | 0.14 | - | 0.20 | 0.21 | 0.20 | - |
| Inventory turnover | 2.23 | - | 1.97 | 1.83 | 1.64 | - | 1.86 | 1.94 | 1.93 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 164d | - | 186d | 199d | 222d | - | 196d | 188d | 189d | - |
| Days payable outstanding | 330d | - | 325d | 325d | 362d | - | 266d | 255d | 248d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 324.5x | - | - | 334.5x | - | - | 116.3x | 30.6x | 243.9x | - |
| P / B | 1.3x | - | 1.4x | 3.1x | 1.3x | - | 2.0x | 1.8x | 1.6x | - |
| P / S | 3.2x | - | 3.9x | 3.7x | 4.0x | - | 3.7x | 3.2x | 2.9x | - |
| EV / EBITDA | 30.5x | - | 55.4x | 39.9x | 50.9x | - | 32.0x | 24.3x | 28.0x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.2% | - | 32.8% | 42.9% | 27.8% | - | 1.6% | 1.1% | -8.0% | - |
| Revenue CAGR (3y) | 6.0% | - | 4.8% | 7.9% | 4.1% | - | -6.4% | -5.5% | -4.9% | - |
| Revenue CAGR (5y) | 2.2% | - | 4.0% | 6.8% | 2.0% | - | -3.4% | -3.5% | -3.9% | - |
| Gross profit growth (YoY) | 5.2% | - | 44.0% | 37.6% | 37.4% | - | 6.0% | 3.9% | -13.3% | - |
| Operating income growth (YoY) | - | - | - | -64.0% | - | - | -32.7% | -3.6% | -44.8% | - |
| Net income growth (YoY) | - | - | - | -84.9% | - | - | -9.1% | 111.9% | -67.4% | - |
| EPS growth (YoY) | - | - | - | -90.1% | - | - | -10.6% | 107.4% | -67.3% | - |
| EPS CAGR (3y) | -39.2% | - | - | - | - | - | -42.4% | 9.0% | -43.3% | - |
| EPS CAGR (5y) | -34.0% | - | - | -26.9% | - | - | -13.6% | 14.1% | -31.4% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 3500.0% | - |
| FCF CAGR (5y) | -26.0% | - | - | - | - | - | - | - | -20.0% | - |
| Book value growth (YoY) | -18.2% | 81.4% | 100.7% | -4.9% | 119.1% | -2.2% | -2.8% | 2.3% | -1.6% | -1.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$23.63B totalPackaging Solutions North America Segment$15.18B · 64.2%
Packaging Solutions EMEASegment$8.45B · 35.8%
Geographic
$23.63B totalUS$14.43B · 61.1%
EMEA$8.45B · 35.8%
Americas Other Than US$713.00M · 3.0%
Asia Pacific$31.00M · 0.1%
Peer comparison
Same SIC group: Paper Mills
Comparing INTERNATIONAL PAPER CO /NEW/ against the 5 most active filers in the same SIC group.
Dividends
$1.85/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.4630 |
| Feb 23, 2026 | $0.4630 |
| Nov 14, 2025 | $0.4630 |
| Aug 15, 2025 | $0.4630 |
| May 23, 2025 | $0.4630 |
| Feb 24, 2025 | $0.4630 |
| Nov 15, 2024 | $0.4630 |
| Aug 15, 2024 | $0.4630 |
| May 23, 2024 | $0.4630 |
| Feb 21, 2024 | $0.4630 |
| Nov 14, 2023 | $0.4630 |
| Aug 14, 2023 | $0.4630 |
| May 25, 2023 | $0.4630 |
| Feb 16, 2023 | $0.4630 |
| Nov 14, 2022 | $0.4630 |
| Aug 12, 2022 | $0.4630 |
| May 26, 2022 | $0.4630 |
| Feb 17, 2022 | $0.4630 |
| Nov 12, 2021 | $0.4630 |
| Aug 13, 2021 | $0.4858 |
| May 26, 2021 | $0.4858 |
| Feb 17, 2021 | $0.4858 |
| Nov 13, 2020 | $0.4858 |
| Aug 13, 2020 | $0.4858 |