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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $23.63B | $18.62B | $18.92B | $21.16B | $19.36B | $20.58B |
| Cost of Revenue | $16.64B | $13.38B | $13.63B | $15.14B | $13.83B | $14.37B |
| Gross Profit | $7.00B | $5.24B | $5.29B | $6.02B | $5.53B | $6.21B |
| R&D | - | - | - | - | - | - |
| SG&A | $2.05B | $1.84B | $1.36B | $1.29B | $1.39B | $1.52B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $2.75B | $1.30B | $1.43B | $1.04B | $1.10B | $1.29B |
| Operating Income | ($3.37B) | $147.00M | $382.00M | $1.51B | $999.00M | $650.00M |
| Interest Expense | $551.00M | $430.00M | $421.00M | $403.00M | $430.00M | $600.00M |
| Income Tax | ($533.00M) | ($415.00M) | $59.00M | ($236.00M) | $188.00M | $245.00M |
| Net Income | $557.00M | $557.00M | $288.00M | $1.50B | $1.75B | $482.00M |
| EPS - Basic | ($6.95) | $1.60 | $0.83 | $4.14 | $4.50 | $1.16 |
| EPS - Diluted | ($6.95) | $1.57 | $0.82 | $4.10 | $4.47 | $1.16 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.15B | $1.17B | $1.11B | $804.00M | $1.29B | $595.00M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | $2.01B | $1.78B | $1.89B | $1.94B | $1.81B | $2.05B |
| Accounts Payable | $3.90B | $2.32B | $2.44B | $2.71B | $2.61B | $2.32B |
| Current Assets | $10.11B | $6.42B | $6.61B | $6.77B | $7.10B | $11.24B |
| Total Assets | $37.96B | $22.80B | $23.26B | $23.94B | $25.24B | $31.72B |
| Current Liabilities | $7.90B | $4.26B | $3.96B | $5.00B | $4.14B | $8.28B |
| Long-term Debt | $8.84B | $5.37B | $5.46B | $4.82B | $5.38B | $8.06B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $8.50B | $8.17B | $8.36B | $8.50B | $9.08B | $7.85B |
| Retained Earnings | $4.88B | $9.39B | $9.49B | $9.86B | $9.03B | $8.07B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.70B | $1.68B | $1.83B | $2.17B | $2.03B | $3.06B |
| Investing Cash Flow | ($1.02B) | ($808.00M) | ($668.00M) | ($608.00M) | $6.05B | ($269.00M) |
| Financing Cash Flow | ($708.00M) | ($775.00M) | ($866.00M) | ($2.05B) | ($7.38B) | ($2.70B) |
| CapEx | $1.86B | $921.00M | $1.14B | $931.00M | $480.00M | $751.00M |
| Free Cash Flow | ($159.00M) | $757.00M | $692.00M | $1.24B | $1.55B | $2.31B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29.6% | 28.2% | 27.9% | 28.4% | 28.6% | 30.2% |
| Operating margin | -14.3% | 0.8% | 2.0% | 7.1% | 5.2% | 3.2% |
| EBITDA margin | -2.6% | 7.8% | 9.6% | 12.1% | 10.8% | 9.4% |
| Net margin | 2.4% | 3.0% | 1.5% | 7.1% | 9.0% | 2.3% |
| Free cash flow margin | -0.7% | 4.1% | 3.7% | 5.9% | 8.0% | 11.2% |
| FCF / Net income | -0.29 | 1.36 | 2.40 | 0.83 | 0.88 | 4.80 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 8.7% | 9.9% | 7.2% | 6.1% | 7.2% | 7.4% |
| Effective tax rate | -2220.8% | -292.3% | 17.0% | -18.6% | 9.7% | 33.7% |
| Return on assets | 1.5% | 2.4% | 1.2% | 6.3% | 6.9% | 1.5% |
| Return on equity | 6.6% | 6.8% | 3.4% | 17.7% | 19.3% | 6.1% |
| Return on invested capital | -19.4% | 1.1% | 2.3% | 11.3% | 6.2% | 2.7% |
| Liquidity | ||||||
| Current ratio | 1.28 | 1.51 | 1.67 | 1.35 | 1.71 | 1.36 |
| Quick ratio | 1.02 | 1.09 | 1.19 | 0.97 | 1.27 | 1.11 |
| Cash ratio | 0.14 | 0.27 | 0.28 | 0.16 | 0.31 | 0.07 |
| Leverage | ||||||
| Debt / Equity | 1.04 | 0.66 | 0.65 | 0.57 | 0.59 | 1.03 |
| Debt / Assets | 0.23 | 0.24 | 0.23 | 0.20 | 0.21 | 0.25 |
| Debt / EBITDA | - | 3.70 | 3.01 | 1.89 | 2.57 | 4.16 |
| Interest coverage | -6.1x | 0.3x | 0.9x | 3.7x | 2.3x | 1.1x |
| Equity multiplier | 4.47 | 2.79 | 2.78 | 2.82 | 2.78 | 4.04 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.62 | 0.82 | 0.81 | 0.88 | 0.77 | 0.65 |
| Inventory turnover | 8.27 | 7.50 | 7.21 | 7.80 | 7.63 | 7.01 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 44d | 49d | 51d | 47d | 48d | 52d |
| Days payable outstanding | 86d | 63d | 65d | 65d | 69d | 59d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | 34.3x | 44.1x | 8.4x | 10.5x | 40.8x |
| P / B | 2.3x | 2.3x | 1.5x | 1.5x | 2.0x | 2.4x |
| P / S | 0.8x | 1.0x | 0.7x | 0.6x | 1.0x | 0.9x |
| EV / EBITDA | - | 16.0x | 9.4x | 6.6x | 10.7x | 13.5x |
| Growth | ||||||
| Revenue growth (YoY) | 26.9% | -1.6% | -10.6% | 9.3% | -5.9% | -8.0% |
| Revenue CAGR (3y) | 3.8% | -1.3% | -2.8% | -1.8% | -6.0% | -1.8% |
| Revenue CAGR (5y) | 2.8% | -3.6% | -4.1% | -0.5% | -1.7% | -1.6% |
| Gross profit growth (YoY) | 33.5% | -0.8% | -12.1% | 8.8% | -10.9% | -9.0% |
| Operating income growth (YoY) | - | -61.5% | -74.7% | 51.3% | 53.7% | -59.5% |
| Net income growth (YoY) | 0.0% | 93.4% | -80.9% | -14.2% | 263.5% | -60.7% |
| EPS growth (YoY) | - | 91.5% | -80.0% | -8.3% | 286.9% | -62.4% |
| EPS CAGR (3y) | - | -29.4% | -10.8% | 10.1% | -2.7% | -39.2% |
| EPS CAGR (5y) | - | -12.6% | -29.9% | -4.4% | 15.4% | -12.3% |
| FCF growth (YoY) | - | 9.4% | -44.3% | -19.8% | -33.0% | -0.9% |
| FCF CAGR (5y) | - | -20.2% | -16.0% | 21.1% | 6.5% | 16.2% |
| Book value growth (YoY) | 4.0% | -2.2% | -1.7% | -6.4% | 15.6% | 1.8% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
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 |