INTERNATIONAL PAPER CO /NEW/ IP
Last close
37.24
2026-09-04
Market cap
$19.72B
2026-06-30 share count
52-week range
29.26 - 50.25
Valuation FY2025 figures against the last close
P/S0.8x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield5.0%
Diluted EPS-6.95
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.63B | $15.84B | $16.03B | $21.16B | $19.36B | $17.57B | $18.32B | $23.31B | $21.74B | $19.50B |
| Cost of revenue | $16.64B | $11.40B | $11.51B | $15.14B | $13.83B | $12.34B | $12.67B | $15.55B | $14.80B | $14.06B |
| Gross profit | $7.00B | $4.44B | $4.52B | $6.02B | $5.53B | $5.23B | $5.65B | $7.75B | $6.94B | $5.44B |
| SG&A | $2.05B | $1.70B | $1.26B | $1.29B | $1.39B | $1.35B | $1.45B | $1.72B | $1.62B | $1.46B |
| Interest expense | $551.0M | $432.0M | $418.0M | $403.0M | $430.0M | $597.0M | $701.0M | $734.0M | $758.0M | $695.0M |
| Pre-tax income | -$3.37B | $369.0M | $402.0M | $1.51B | $999.0M | $329.0M | $921.0M | $1.78B | $848.0M | $795.0M |
| Income tax | $533.0M | $361.0M | $68.0M | $236.0M | $188.0M | $176.0M | $477.0M | $445.0M | $1.08B | $193.0M |
| Net income | -$3.52B | $557.0M | $288.0M | $1.50B | $1.75B | $482.0M | $1.23B | $2.01B | $2.14B | $904.0M |
| EPS, basic | -6.95 | 1.60 | 0.83 | 4.14 | 4.50 | 1.23 | 3.10 | 4.91 | 5.19 | 2.20 |
| EPS, diluted | -6.95 | 1.57 | 0.82 | 4.10 | 4.47 | 1.22 | 3.07 | 4.85 | 5.13 | 2.18 |
| Shares, diluted (wtd. avg.) | $505.7M | $354.2M | $349.1M | $367.0M | $392.4M | $395.7M | $398.8M | $414.2M | $417.7M | $415.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.15B | $1.06B | $1.11B | $804.0M | $1.29B | $595.0M | $511.0M | $589.0M | $1.02B | $1.03B |
| Inventory | $2.01B | $1.49B | $1.89B | $1.94B | $1.81B | $1.63B | $2.21B | $2.24B | $2.31B | $2.23B |
| Total current assets | $10.11B | $6.42B | $6.61B | $6.77B | $7.10B | $11.24B | $6.64B | $7.00B | $8.28B | $6.67B |
| Property, plant and equipment | $14.44B | $7.92B | $10.15B | $10.43B | $10.44B | $10.95B | $13.00B | $13.07B | $13.27B | $13.00B |
| Goodwill | $5.33B | $3.04B | $3.04B | $3.04B | $3.13B | $3.12B | $3.11B | $3.37B | $3.41B | $3.36B |
| Other intangibles | $4.04B | $72.0M | $183.0M | $220.0M | $268.0M | $301.0M | $368.0M | $393.0M | $482.0M | $547.0M |
| Total assets | $37.96B | $22.80B | $23.26B | $23.94B | $25.24B | $31.72B | $33.47B | $33.58B | $33.90B | $33.09B |
| Accounts payable | $3.90B | $2.11B | $2.44B | $2.71B | $2.61B | $2.04B | $2.42B | $2.41B | $2.46B | $2.20B |
| Short-term debt | $992.0M | $193.0M | $138.0M | $763.0M | $196.0M | $26.0M | $168.0M | $639.0M | $311.0M | $239.0M |
| Total current liabilities | $7.90B | $4.26B | $3.96B | $5.00B | $4.14B | $8.28B | $8.65B | $4.69B | $5.10B | $4.07B |
| Long-term debt | $8.84B | $5.36B | $5.46B | $4.82B | $5.38B | $8.04B | $9.60B | $10.02B | $10.85B | $11.07B |
| Retained earnings | $4.88B | $9.39B | $9.49B | $9.86B | $9.03B | $8.07B | $8.41B | $7.46B | $6.18B | $4.82B |
| Total equity | $14.83B | $8.17B | $8.36B | $8.50B | $9.08B | $7.87B | $7.72B | $7.38B | $6.54B | $4.36B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.70B | $1.68B | $1.83B | $2.17B | $2.03B | $3.06B | $3.61B | $3.23B | $1.76B | $2.48B |
| Depreciation and amortisation | $2.75B | $851.0M | $1.15B | $1.04B | $1.10B | $1.09B | $1.07B | $1.33B | $1.34B | $1.12B |
| Capital expenditure | $1.86B | $921.0M | $1.14B | $931.0M | $480.0M | $663.0M | $1.14B | $1.57B | $1.28B | $1.24B |
| Investing cash flow | -$1.02B | -$808.0M | -$668.0M | -$608.0M | $6.05B | -$269.0M | -$1.30B | -$1.57B | -$1.39B | -$3.50B |
| Financing cash flow | -$708.0M | -$775.0M | -$866.0M | -$2.05B | -$7.38B | -$2.70B | -$2.39B | -$2.05B | -$399.0M | $982.0M |
| Dividends paid | $977.0M | $643.0M | $642.0M | $673.0M | $780.0M | $806.0M | $796.0M | $789.0M | $769.0M | $733.0M |
| Buybacks | $65.0M | $23.0M | $218.0M | $1.28B | $839.0M | $42.0M | $535.0M | $732.0M | $47.0M | $132.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000051434-26-000055.
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