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Companies / Materials / International Paper
IP

International Paper

MaterialsPaper & PackagingS&P 500
Ticker IPMEMPHIS, TNFiscal year ends DecemberBook value per share $27.18Diluted shares 531.8M

International Paper Company (NYSE: IP) produces fiber-based packaging for industrial, consumer goods and e-commerce markets. Its products include containerboard, corrugated boxes, bulk bins, shipping containers and specialty packaging, serving customers in food and beverage, agriculture, manufacturing, personal care,… From the company’s description.

In fiscal 2025, International Paper reported revenue of $23.63B, up 26.9% from fiscal 2024, and a net loss of $3.52B. Its operating margin was −13.1%, and operations generated $1.70B in cash. Over the twelve months to Jun 30, 2026, revenue was $22.94B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$23.63BFY2025
+26.9% year over year
Last 12 mo $22.94B
-13.08%FY2025
−14.4 percentage points
Last 12 mo -12.89%
$-3.52BFY2025
−731.2% year over year
Last 12 mo $-3.44B
-6.15%FY2025
−13 percentage points
Last 12 mo -23.78%
Cash & financing
$1.70BFY2025
+1.2% year over year
Last 12 mo $2.65B
$-159.00MFY2025
−121.0% year over year
Last 12 mo $492.00M
0.66FY2025
Was 0.68× a year earlier
Last 12 mo 0.64
505.7MFY2025
+42.8% year over year
Last 12 mo 531.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What International Paper does

In the company’s own words

International Paper Company (NYSE: IP) produces fiber-based packaging for industrial, consumer goods and e-commerce markets. Its products include containerboard, corrugated boxes, bulk bins, shipping containers and specialty packaging, serving customers in food and beverage, agriculture, manufacturing, personal care, pharmaceuticals and consumer goods. The company sells directly to end users and converters, and through agents, resellers and distributors. It reports two segments: Packaging Solutions North America and Packaging Solutions EMEA. In 2025, net sales totaled $23.63 billion and the company had approximately 62,602 employees. International Paper completed its acquisition of DS Smith in 2025 and sold its Global Cellulose Fibers business in January 2026; it plans to separate its North American and EMEA operations into two independent public companies. Its website is www.internationalpaper.com.

Company details
Sector
Materials
Industry (SIC)
Paper & Packaging
Headquarters
MEMPHIS, TN
Fiscal year end
December
CIK
51434
SIC
2621

Financial performance, year by year

Fiscal 2013–2025 · USD
$-6.78B$3.00B$12.78B$22.56B$32.34B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns International Paper — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

675
funds hold it
0 of 35
superinvestors hold it
$10.47B
held by funds, at market
56.2%
of shares held by funds

Largest fund holders · International Paper’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
1.74%of fund net assets
0.30%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

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.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do International Paper and its peers compare on margins and cash generation over ten years?”
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  • “What changed in International Paper's last four quarterly filings that the numbers alone won't show?”
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