INTERNATIONAL PAPER COMPANY financials
Source: EDGAR filings · Built 2026-06-02T03:19:47Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -178.00M | 748.00M | 679.00M | 1.23B | 1.54B | 2.39B |
| Working Capital | 2.21B | 2.17B | 2.65B | 1.77B | 2.95B | 2.95B |
| Net Debt | 9.39B | 4.94B | 4.95B | 5.21B | 4.65B | 7.94B |
| Gross Margin | 29.61% | 28.03% | 28.20% | 28.44% | 28.56% | 29.75% |
| Net Margin | -14.88% | 3.52% | 1.80% | 7.11% | 9.05% | 2.74% |
| Return on Equity (ROE) | -23.71% | 6.82% | 3.45% | 17.70% | 19.29% | 6.14% |
| Return on Assets (ROA) | -9.26% | 2.44% | 1.24% | 6.28% | 6.94% | 1.52% |
| Current Ratio | 1.28× | 1.51× | 1.67× | 1.35× | 1.71× | 1.36× |
| Debt-to-Equity | 0.71× | 0.73× | 0.73× | 0.71× | 0.65× | 1.09× |
| Effective Tax Rate | 15.83% | -97.83% | 16.92% | -15.62% | 18.82% | 53.50% |
| Cash Conversion Ratio | -0.48× | 3.01× | 6.36× | 1.45× | 1.16× | 6.35× |
| Accruals Ratio | -0.14× | -0.05× | -0.07× | -0.03× | -0.01× | -0.08× |
| CapEx Coverage | 0.91× | 1.80× | 1.59× | 2.31× | 4.11× | 4.55× |
| Free Cash Flow Per Share | $-0.35 | $2.11 | $1.95 | $3.36 | $3.91 | $6.04 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 34.28× | 44.09× | 8.45× | 10.51× | 38.59× |
| P/FCF | — | 25.49× | 18.59× | 10.31× | 12.00× | 7.80× |
| FCF Yield | — | 3.92% | 5.38% | 9.70% | 8.33% | 12.83% |
| P/S | 1.04× | 1.53× | 1.01× | 0.73× | 1.09× | 1.27× |
| P/B | 1.67× | 2.96× | 1.94× | 1.83× | 2.32× | 2.84× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 23.63B | 15.84B | 16.03B | 21.16B | 19.36B | 17.57B |
| Cost of Goods and Services Sold | 16.64B | 11.40B | 11.51B | 15.14B | 13.83B | 12.34B |
| Selling, General and Administrative Expense | 2.05B | 1.70B | 1.26B | 1.29B | 1.39B | 1.35B |
| Income Tax Expense (Benefit) | -533.00M | -361.00M | 68.00M | -236.00M | 188.00M | 176.00M |
| Net Income (Loss) Attributable to Parent | -3.52B | 557.00M | 288.00M | 1.50B | 1.75B | 482.00M |
| Earnings Per Share, Basic | $-6.95 | $1.60 | $0.83 | $4.14 | $4.50 | $1.23 |
| Weighted Average Number of Shares Outstanding, Basic | 505.70M | 347.20M | 346.90M | 363.50M | 389.40M | 393.00M |
| Earnings Per Share, Diluted | $-6.95 | $1.57 | $0.82 | $4.10 | $4.47 | $1.22 |
| Weighted Average Number of Shares Outstanding, Diluted | 505.70M | 354.20M | 349.10M | 367.00M | 392.40M | 395.70M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.15B | 1.06B | 1.11B | 804.00M | 1.29B | 595.00M |
| Assets, Current | 10.11B | 6.42B | 6.61B | 6.77B | 7.10B | 11.24B |
| Assets | 37.96B | 22.80B | 23.26B | 23.94B | 25.24B | 31.72B |
| Liabilities, Current | 7.90B | 4.26B | 3.96B | 5.00B | 4.14B | 8.28B |
| Long-term Debt, Excluding Current Maturities | 8.84B | 5.36B | 5.46B | 4.82B | 5.38B | 8.04B |
| Stockholders' Equity Attributable to Parent | 14.83B | 8.17B | 8.36B | 8.50B | 9.08B | 7.85B |
| Common Stock, Shares, Outstanding | 627.00M | 448.90M | 448.90M | 448.90M | 448.90M | 448.90M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.70B | 1.68B | 1.83B | 2.17B | 2.03B | 3.06B |
| Net Cash Provided by (Used in) Investing Activities | -1.02B | -808.00M | -668.00M | -608.00M | 6.05B | -269.00M |
| Payments for Repurchase of Common Stock | 65.00M | 23.00M | 218.00M | 1.28B | 839.00M | 42.00M |
| Payments of Dividends | 977.00M | 643.00M | 642.00M | 673.00M | 780.00M | 806.00M |
| Net Cash Provided by (Used in) Financing Activities | -708.00M | -775.00M | -866.00M | -2.05B | -7.38B | -2.70B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 94.00M | 255.00M | -414.00M | -564.00M | -618.00M | 137.00M |
| Working Capital | 1.51B | 2.21B | 2.50B | 2.38B | 2.30B | 2.17B |
| Net Debt | 8.53B | 9.39B | 9.59B | 9.49B | 9.33B | 4.94B |
| Gross Margin | 28.92% | 31.35% | 31.10% | 20.61% | 27.72% | 29.50% |
| Net Margin | 1.00% | -39.69% | -17.71% | 1.22% | -1.99% | -3.75% |
| Return on Equity (ROE) | 0.41% | -16.08% | -6.36% | 0.40% | -0.58% | -1.80% |
| Return on Assets (ROA) | 0.16% | -6.28% | -2.72% | 0.18% | -0.26% | -0.64% |
| Current Ratio | 1.21× | 1.28× | 1.31× | 1.33× | 1.33× | 1.51× |
| Debt-to-Equity | 0.66× | 0.71× | 0.61× | 0.57× | 0.58× | 0.73× |
| Effective Tax Rate | 18.28% | 10.96% | 37.04% | 34.48% | 20.65% | 21.24% |
| Cash Conversion Ratio | 10.18× | -0.38× | -0.72× | 2.51× | 2.74× | -2.70× |
| Accruals Ratio | -0.02× | -0.09× | -0.05× | -0.00× | 0.00× | -0.02× |
| CapEx Coverage | 1.18× | 1.39× | 0.66× | 0.25× | -0.87× | 1.53× |
| Free Cash Flow Per Share | $0.18 | $0.50 | $-0.78 | $-1.06 | $-1.41 | $0.39 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | 45.60× | 34.28× |
| P/S | 0.92× | 1.04× | 1.35× | 1.52× | 1.95× | 1.53× |
| P/B | 1.51× | 1.67× | 1.68× | 1.58× | 1.85× | 2.96× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 5.97B | 6.01B | 6.22B | 6.14B | 5.26B | 3.92B |
| Cost of Goods and Services Sold | 4.24B | 4.12B | 4.29B | 4.88B | 3.81B | 2.77B |
| Selling, General and Administrative Expense | 510.00M | 545.00M | 493.00M | 578.00M | 487.00M | 481.00M |
| Income Tax Expense (Benefit) | 17.00M | -291.00M | -250.00M | 40.00M | -32.00M | 24.00M |
| Net Income (Loss) Attributable to Parent | 60.00M | -2.38B | -1.10B | 75.00M | -105.00M | -147.00M |
| Earnings Per Share, Basic | $0.11 | $-4.52 | $-2.09 | $0.14 | $-0.24 | $-0.42 |
| Weighted Average Number of Shares Outstanding, Basic | 528.80M | 505.70M | 528.00M | 527.90M | 437.60M | 347.20M |
| Earnings Per Share, Diluted | $0.11 | $-4.52 | $-2.09 | $0.14 | $-0.24 | $-0.42 |
| Weighted Average Number of Shares Outstanding, Diluted | 531.80M | 505.70M | 528.00M | 532.60M | 437.60M | 354.20M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.24B | 1.15B | 995.00M | 1.14B | 1.16B | 1.06B |
| Assets, Current | 8.58B | 10.11B | 10.46B | 9.50B | 9.29B | 6.42B |
| Assets | 36.43B | 37.96B | 40.57B | 42.38B | 41.17B | 22.80B |
| Liabilities, Current | 7.07B | 7.90B | 7.97B | 7.12B | 6.99B | 4.26B |
| Long-term Debt, Excluding Current Maturities | — | 8.84B | — | — | — | 5.36B |
| Stockholders' Equity Attributable to Parent | 14.81B | 14.83B | 17.32B | 18.62B | 18.09B | 8.17B |
| Common Stock, Shares, Outstanding | 627.00M | 627.00M | 627.00M | 627.00M | 627.00M | 448.90M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 611.00M | 905.00M | 793.00M | 188.00M | -288.00M | 397.00M |
| Net Cash Provided by (Used in) Investing Activities | 565.00M | -546.00M | -478.00M | -38.00M | 237.00M | -174.00M |
| Payments for Repurchase of Common Stock | 30.00M | 1.00M | 64.00M | 63.00M | 62.00M | 1.00M |
| Payments of Dividends | 245.00M | 244.00M | 733.00M | 488.00M | 244.00M | 161.00M |
| Net Cash Provided by (Used in) Financing Activities | -1.02B | -153.00M | -555.00M | -253.00M | 21.00M | -187.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (IP CIK 0000051434),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.