15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $23.6B | -$3.5B | 29.6% | 0.0% | -$159M | $9.8B | $1.1B |
| 2024 | $15.8B | $557M | 28.0% | 0.0% | $757M | $5.6B | $1.1B |
| 2023 | $16.0B | $288M | 28.2% | 0.0% | $692M | $5.6B | $1.1B |
| 2022 | $21.2B | $1.5B | 28.4% | 0.0% | $1.2B | $5.6B | $804M |
| 2021 | $19.4B | $1.8B | 28.6% | 0.0% | $1.6B | $5.6B | $1.3B |
| 2020 | $17.6B | $482M | 29.8% | 0.0% | $2.4B | $8.1B | $595M |
| 2019 | $18.3B | $1.2B | 30.8% | 0.0% | $2.5B | $9.7B | $511M |
| 2018 | $23.3B | $2.0B | 33.3% | 0.0% | $1.7B | $10.7B | $589M |
| 2017 | — | $2.1B | — | — | $477M | $11.2B | $1.0B |
| 2016 | — | $904M | — | — | $1.2B | $11.3B | $1.0B |
| 2015 | — | $938M | — | — | $1.3B | $9.3B | $1.1B |
| 2014 | — | $555M | — | — | $1.7B | $9.4B | $1.9B |
| 2013 | — | $1.4B | — | — | $1.8B | $9.5B | $1.8B |
| 2012 | — | $794M | — | — | $1.6B | $10.1B | $1.3B |
| 2011 | — | $1.3B | — | — | $1.5B | $9.9B | $4.0B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $6.0B | $60M | 28.9% | 0.0% | $94M | — | $1.2B |
| Dec '25 | $6.0B | -$2.4B | 31.4% | 0.0% | $255M | $9.8B | $1.1B |
| Sep '25 | $6.2B | -$1.1B | 31.1% | 0.0% | $150M | — | $995M |
| Jun '25 | $6.1B | $75M | 20.6% | 0.0% | $54M | — | $1.1B |
| Mar '25 | $5.3B | -$105M | 27.7% | 0.0% | -$618M | — | $1.2B |
| Dec '24 | $3.9B | -$147M | 29.5% | 0.0% | $137M | $5.6B | $1.1B |
| Sep '24 | $4.0B | $150M | 27.6% | 6.0% | $309M | — | $1.2B |
| Jun '24 | $4.0B | $498M | 16.4% | 8.0% | $167M | — | $1.0B |
| Mar '24 | $4.6B | $56M | 25.9% | 3.7% | $144M | — | $1.1B |
| Dec '23 | $4.6B | — | 28.7% | 0.0% | $187M | $5.6B | $1.1B |
| Sep '23 | $4.6B | — | 27.5% | 7.6% | $240M | — | $1.1B |
| Jun '23 | $4.7B | — | 28.2% | 7.1% | $261M | — | $746M |
| Mar '23 | $5.0B | — | 27.5% | 6.1% | $4M | — | $636M |
| Dec '22 | $5.1B | -$318M | 28.5% | 0.0% | $439M | $5.6B | $804M |
| Sep '22 | $5.4B | $951M | 29.1% | 8.6% | $197M | — | $511M |
| Jun '22 | $5.4B | $511M | 29.4% | 10.9% | $204M | — | $826M |
| Mar '22 | $5.2B | $360M | 26.7% | 6.6% | $403M | — | $1.0B |
| Dec '21 | $5.1B | $107M | 28.1% | 0.0% | -$25M | $5.6B | $1.3B |
| Sep '21 | $4.9B | $864M | 30.3% | 10.0% | $519M | — | $2.1B |
| Jun '21 | $4.8B | $432M | 28.7% | 8.2% | $633M | — | $706M |
How the market has priced IP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, International Paper's revenue has grown 6.1% per year. These are computed facts, not advice.
As of FY2025, International Paper reported $9.8B of total debt against $1.1B of cash.
In FY2025, gross margin was 29.6%, operating margin —, and net margin -14.9%.
As of Jun '26, International Paper traded at a price-to-earnings ratio of about 37.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.