International Paper Co (IP) income statement

IPNYSEPaper MillsFiscal year ends December 31Also trades as INPAP

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 10/3012% below fair value

$33.94−0.72 (-2.08%)

Close on Nov 12, 2026Market cap $17.97BP/E –Yield 5.45%

International Paper Co income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	23,634	15,835	16,033	21,161	19,363	17,565	18,317	23,306	21,743	19,495	20,675	23,617	23,483	21,852	26,034	25,179	23,366	24,829	21,890
Cost of Revenue	16,637	11,397	11,512	15,143	13,832	12,339	12,669	15,555	14,802	14,057	14,313	16,254	–	–	–	18,482	15,220	18,742	16,060
Gross Profit	6,997	4,438	4,521	6,018	5,531	5,226	5,648	7,751	6,941	5,438	6,897	7,363	7,201	7,246	7,074	6,697	8,146	6,087	5,830
Selling, General & Admin	2,050	1,703	1,257	1,293	1,385	1,353	1,449	1,723	1,621	1,458	1,539	1,793	1,796	1,674	1,887	1,930	2,031	1,947	1,831
Operating Income	–	–	–	–	–	–	–	–	–	–	2,361	2,058	2,233	1,933	2,216	1,686	2,360	–	–
Interest Expense	551	432	418	403	430	597	701	734	758	695	644	677	669	742	596	643	702	572	–
Interest & Investment Income	179	218	188	78	93	151	202	198	186	175	89	70	57	71	55	35	33	80	–
Income from Equity Investments	-3.00	-5.00	-21	-6.00	2.00	29	250	336	177	198	117	-200	-39	61	140	111	-49	49	0
Other Non-Operating Income	–	–	–	–	–	-7.00	–	–	–	–	–	–	–	–	–	–	–	–	–
Merger & Restructuring Charges	626	103	65	89	509	195	51	29	67	54	252	–	–	–	–	–	–	–	–
Asset Impairment Charges	2,467	0	0	76	–	–	60	–	0	0	137	100	127	0	0	0	0	1,777	0
Gain (Loss) on Investments	–	0	0	65	-32	0	0	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	70	59	0	0	86	0	0	488	0	0	-174	-38	-3.00	-86	-218	23	-59	-106	327
Legal Settlements	–	–	–	–	0	0	-32	0	-354	0	0	–	–	–	–	–	–	–	–
Pretax Income	-3,368	369	402	1,511	999	329	921	1,781	848	795	1,132	872	1,228	967	1,458	822	1,199	-1,153	1,654
Income Tax Expense	-533	-361	68	-236	188	176	477	445	-1,085	193	417	123	-498	306	311	221	469	162	415
Income from Continuing Operations	-2,838	725	313	1,741	811	182	699	1,667	2,110	802	853	568	1,704	717	1,273	691	663	-1,269	1,215
Income from Discontinued Operations	-678	-168	-25	-237	941	300	526	345	34	102	85	-13	-309	77	49	0	0	-13	-47
Net Income incl. Noncontrolling Interests	–	557	288	1,504	1,754	482	1,220	2,017	2,144	902	917	536	1,378	799	1,336	712	681	-1,279	1,192
Minority Interest in Earnings	–	–	0	0	2.00	0	-5.00	5.00	0	-2.00	-21	-19	-17	5.00	14	21	18	3.00	24
Net Income	-3,516	557	288	1,504	1,752	482	1,225	2,012	2,144	904	938	555	1,395	794	1,322	691	663	-1,282	1,168
Net Income to Common	–	–	–	–	–	–	–	–	–	909	938	568	1,704	717	1,273	691	663	-1,269	–
EPS (Basic)(per share)	-6.95	1.60	0.83	4.14	4.50	1.23	3.10	4.91	5.19	2.20	2.25	1.30	3.15	1.82	3.06	1.61	1.56	-3.05	2.72
EPS (Diluted)(per share)	-6.95	1.57	0.82	4.10	4.47	1.22	3.07	4.85	5.13	2.18	2.23	1.29	3.11	1.80	3.03	1.59	1.55	-3.05	2.70
Shares Outstanding (Basic, Weighted)(shares)	506	347	347	364	389	393	395	409	413	411	417	428	443	435	432	430	425	421	–
Shares Outstanding (Diluted, Weighted)(shares)	506	354	349	367	392	396	399	414	418	416	421	432	448	440	437	434	428	421	–
Dividend per Share(per share)	1.85	1.85	1.85	1.85	2.00	2.05	2.01	1.93	1.86	1.78	1.64	1.45	1.25	1.09	0.98	0.40	0.33	–	–
EBITDA	–	–	–	–	–	–	–	–	–	–	3,528	3,464	–	–	–	–	–	–	–
Net Interest Income	-372	-214	-230	-325	-337	-446	-499	-536	-572	-520	-555	-607	-612	-671	-541	-608	-669	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Sep 30, 2026

Profitability, TTM

Gross margin: 29.8%
Operating margin: –
Net margin: -14.3%
Return on equity, FY2025: -30.6%

Financial strength

Current ratio: 0.99
Debt to equity: 0.74
Debt to assets: 27.2%
Cash to current liabilities: 9.2%

Valuation

P/E ratio: –
Price to sales: 0.74
Price to book: 1.37
Dividend yield: 5.45%

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