IP

INTERNATIONAL PAPER CO

Ticker: IPMaterialsPaper & PackagingS&P 500
HQ MEMPHIS, TNCIK 51434FY end 12-31Book / share $27.18Shares 532M
Revenue (FY)
$23.63B+26.93%
TTM $22.94B
Op. margin
-13.08%
TTM -12.74%
Net income
$-3.52B-731.24%
TTM $-3.44B
Operating cash
$1.70B+1.19%
TTM $2.65B
Free cash flow
$-159.00M-121.00%
TTM $492.00M
Return on equity
-6.15%-12.97%
TTM -23.78%
Debt / equity
0.66-0.02%
TTM 0.64
Shares outstanding
505.7M+42.77%
TTM 531.8M

The business

International Paper Company (NYSE: IPC; LSE: IPC) is a global leader in sustainable packaging solutions, operating manufacturing facilities across North America, Latin America, Europe, and North Africa. The company's website is www.internationalpaper.com.

The company produces renewable fiber-based packaging products designed to protect, ship, and display goods across diverse end-use categories. International Paper's principal products include containerboard and corrugated packaging solutions, with a portfolio encompassing linerboard, medium, whitetop, and saturating kraft that serve as base materials for corrugated boxes, bulk bins, shipping containers, and specialty packaging. These products primarily serve industrial consumer goods and e-commerce markets, with customers across food and beverage, agriculture, industrial manufacturing, personal care, pharmaceuticals, and consumer goods sectors.

International Paper operates through two reportable segments: Packaging Solutions North America and Packaging Solutions EMEA. As of December 31, 2025, the company employed approximately 62,602 employees globally, with nearly 30,421 in the United States. The company's operational footprint includes 15 packaging mills and 159 converting and packaging plants in the United States, along with 14 containerboard mills and 159 converting and packaging plants across Europe, North Africa, and Latin America. The company also operates 15 recycling plants domestically and 20 recycling plants internationally.

In 2025, International Paper generated net sales of $23.63 billion and provided $1.7 billion in cash from operating activities. The company completed a significant acquisition of DS Smith Ltd., which substantially expanded its EMEA operations and scale. Subsequently, International Paper divested its Global Cellulose Fibers business to American Industrial Partners for $1.5 billion in January 2026.

The company follows the IP 80/20 performance system, a disciplined operating model focused on simplification, segmentation, resourcing, and growth. A transformational strategic initiative announced in January 2026 involves separating the company into two independent, publicly traded entities serving North America and EMEA markets respectively, targeted for completion near the end of 2026 or early 2027. International Paper returned $977 million to shareholders through dividends in 2025 and invested approximately $1.9 billion in capital expenditures during the year.

Sector
Materials
Industry
Paper & Packaging
HQ
MEMPHIS, TN
FY end
12-31
CIK
51434
SIC
2621
Financial performance · annual
20132025
$-6.78B$3.00B$12.78B$22.56B$32.34B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds INTERNATIONAL PAPER CO — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

675
funds hold it
0 of 35
superinvestors hold it
$10.47B
fund-held value
56.2%
of shares held by funds

Top fund holders

Fund% of fundValue
American Mutual Fund
AMRMX
0.93%$1.06B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%$640.58M
Capital Group Dividend Value ETF
CGDV
1.74%$612.77M
Investment Co of America
AIVSX
0.30%$546.75M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%$522.89M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

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