International Paper Company (IP)

NYSE: IP · USD

$34.6

+1.20 (+3.6%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-11

Our latest published analysis: IP rated Buy

International Paper Company's published Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$41.8 / share

Potential value

$50.6 / share

Upside to FV

+30.1%

from $34.6

Moat

6/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$17.0B
Revenue (ttm)	24.2B
Net income (ttm)	-3.5B
EPS (ttm)	-$6.56
Shares out	529.6M
P/E (forward)	11.7x
Dividend	$1.85 (5.44%)
Volume	9,789,778
Beta	0.89

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 24.2B
Net income (ttm): -3.5B
EPS (ttm): -$6.56
P/E (forward): 11.7x
Market cap: $17.0B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$19.36B	$21.16B	$16.03B	$15.84B	$23.63B	+5.1%
Gross profit	$5.53B	$6.02B	$3.86B	$5.24B	$7.35B	+7.4%
Operating income	$1.43B	$1.91B	$803.0M	$577.0M	$-2.98B	—
Net income	$1.75B	$1.50B	$288.0M	$557.0M	$-3.52B	—
EPS (diluted)	$4.47	$4.10	$0.82	$1.57	$-6.95	—
EBITDA	$2.54B	$2.95B	$2.27B	$1.88B	$-97.0M	—
R&D	—	—	—	—	—	—
SG&A	$1.39B	$1.29B	$1.26B	$1.70B	$2.05B	+10.3%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AI	C3.ai, Inc.	2B	—	8.4x	-35.6%	+3.6%	-33.6%	卖出
BAX	Baxter International Inc.	13.1B	—	1.2x	6.8%	-1.2%	+9.9%	买入
CNC	Centene Corporation	33.2B	22.7x	0.2x	6.9%	+9.6%	+101.2%	减持
ALB	Albemarle Corporation	11.4B	198.9x	1.9x	4.1%	+12.8%	+1.9%	持有
APD	Air Products and Chemicals, Inc.	68.3B	—	5.4x	8.9%	+5.2%	+23.1%	持有
AVY	Avery Dennison Corporation	13.7B	19.8x	1.5x	15.1%	+3.3%	+1.6%	持有

Base and Bull scenarios

Base55%

Price target

$41.80

+30.1% from spot

The base case models steady execution of the operational transformation, where realized packaging price improvements and mill footprint optimizations support normalized profitability. At a target of $41.80 and an assigned probability of 55.0%, this path offers an expected return of 30.1% relative to $32.12.

Operational turnaround achieves projected mill cost savings and stable box pricing.
EMEA packaging segment delivers guided second-half profit step-up.
Disciplined industry capital allocation prevents destructive capacity additions.

Bull20%

Price target

$50.63

+57.6% from spot

The bull case envisions accelerated synergy capture and robust pricing power, propelling intrinsic valuation toward Potential value of $50.63. With a target of $50.63 and an estimated probability of 20.0%, the scenario yields an implied upside of 57.6% against $32.12.

Accelerated realization of structural mill cost reductions across converted plants.
Robust European demand recovery and synergy capture above management guidance.
Industry-wide supply tightness driving premium pricing and rapid deleveraging.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($41.80). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.8%	2.0%	2.3%	2.5%	2.8%
8.1%	$45.0	$46.0	$47.0	$48.1	$49.3
8.6%	$42.6	$43.4	$44.2	$45.1	$46.1
9.1%	$40.4	$41.1	$41.8	$42.6	$43.4
9.6%	$38.5	$39.1	$39.7	$40.4	$41.1
10.1%	$36.8	$37.3	$37.8	$38.4	$39.0

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.7

P25 n/aP50 n/aP75 n/a

Trailing P/E0

P25 n/aP50 n/aP75 n/a

ROE-22.3

P25 n/aP50 n/aP75 n/a

ROIC7.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All IP indicators

Market & fundamental data

Available fields

258

Groups with data

Currency

USD

Showing 258 of 258 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000051434
Company name	International Paper Company
Country	United States
Country code	US
CUSIP number	460146103
Earnings date	2026-10-28
Earnings time	bmo
Employees	62,602
Employees change	25,602
Employees growth	69.19%
Enterprise value	$27.6B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1898
In index	SP500
Industry	Packaging & Containers
Is primary listing	Yes
Is SPAC	No
ISIN number	US4601461035
Last 10-K release date	2026-02-27
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Last stock split date	1995-09-18
Last stock split type	Forward
Market cap	$18.3B
Market cap category	Large-Cap
Next earnings date	2027-01-28
Options	Yes
Price	$34.58
Price currency	USD
Sector	Consumer Discretionary
SIC code	2621
Stock price date	2026-10-28
Symbol	IP
U.S. state	Tennessee
Website	https://www.internationalpaper.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	72.04x
Average P/E ratio (10Y)	22.82x
Average P/E ratio (5Y)	29.46x
Earnings yield	-18.96%
EV/EBIT	15.25x
EV/EBITDA	7.05x
EV/FCF	361.44x
EV/Sales	1.12x
FCF / EV yield	0.28%
FCF yield	0.42%
Forward EV/Sales	1.06x
Forward P/E	12.56x
Forward P/S	0.69x
Industry forward P/E	14.18x
Industry P/E	45.82x
P/B ratio	1.34x
P/FCF ratio	237.11x
P/OCF ratio	7.47x
P/S ratio	0.74x
PEG ratio	0.34x
Price / tangible book value	3.3x
Price/EBITDA ratio	4.63x
Sector forward P/E	24.43x
Sector P/E	30.53x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	7.35%
EBITDA margin	15.89%
FCF margin	0.31%
Gross margin	29.92%
Operating margin	7.35%
Pretax margin	-15.64%
Profit margin	-14.32%
Profit per employee	$-55,302
Revenue per employee	$386,218
ROA	2.91%
ROA (5Y)	3.35%
ROCE	6.57%
ROE	-22.3%
ROE (5Y)	3.44%
ROIC	7.71%
ROIC (5Y)	8.88%
Tax / revenue	-1.6%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	0
FCF growth 3Y	-57.01%
FCF growth 5Y	-49.44%
Gross profit growth	12.61%
Gross profit growth (Q)	-0.41%
Gross profit growth 3Y	10.02%
Gross profit growth 5Y	9%
Net income growth years	0
OCF growth	100.08%
OCF growth (Q)	-43.97%
OCF growth (QoQ)	-35.55%
OCF growth 10Y	-0.71%
OCF growth 3Y	4.24%
OCF growth 5Y	-2.57%
Operating income growth	9.89%
Operating income growth (Q)	-43.01%
Operating income growth 3Y	9.59%
Operating income growth 5Y	5.92%
Revenue growth	12.2%
Revenue growth (Q)	-0.4%
Revenue growth (QoQ)	3.21%
Revenue growth 10Y	1.35%
Revenue growth 3Y	7.53%
Revenue growth 5Y	7.94%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-2.3B
Depreciation and amortization	$2.1B
EBIT	$1.8B
EBITDA	$3.8B
EPS	$-6.56
FCF per share	$0.14
Financing cash flow	$-1.1B
Free cash flow	$75M
Gross profit	$7.2B
Income taxes	$-386M
Investing cash flow	$-1.5B
Net borrowing	$-33M
Net cash flow	$-190M
Net income	$-3.5B
Operating income	$1.8B
Revenue	$24.2B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$24.87
Debt / EBITDA	2.37
Debt / equity	0.77
Debt / FCF	135.2
Goodwill	$3.9B
Interest coverage	3.33
Long-term assets	$26.9B
Long-term liabilities	$13.9B
Net cash (debt)	$-9.3B
Net cash / market cap	-52.44%
Net debt / EBITDA	2.43
Net debt / equity	0.71
Net debt / FCF	124.33
Piotroski F-Score	5
Property, plant and equipment	$15.5B
Shareholders' equity	$13.1B
Tangible book value	$5.4B
Tangible book value per share	$10.18
Total assets	$35.6B
Total cash	$815M
Total debt	$10.1B
Total liabilities	$22.5B
WACC	7.33%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.63
Current assets	$8.7B
Current liabilities	$8.6B
Current ratio	1.01
Inventory turnover	7.88
Net working capital	$1.3B
Quick ratio	0.67
Working capital	$123M
Working capital turnover	18.47

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-14.69%
Dividend growth	0%
Dividend growth (10Y)	0.37%
Dividend growth (3Y)	0%
Dividend growth (5Y)	-1.55%
Dividend growth years	0
Dividend payment date	2026-12-15
Dividend payment years	56
Dividend payout frequency	Quarterly
Dividend per share	$1.85
Dividend yield	5.44%
Ex-dividend date	2026-11-16
FCF payout ratio	1,306.31%
Last dividend	$0.46
Shareholder yield	-9.2%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-25.06%
10Y return CAGR	2.01%
10Y total return	22.07%
150-day SMA	$35.81
15Y price change	16.86%
15Y return CAGR	5.65%
15Y total return	128.03%
1D price change	3.59%
1M price change	-3.4%
1M total return	-3.4%
1W price change	0.42%
1W total return	0.42%
1Y price change	-29.8%
1Y return CAGR	-26.34%
1Y total return	-26.32%
20-day SMA	$32.83
200-day SMA	$37.37
20Y price change	0.21%
20Y return CAGR	4.25%
20Y total return	129.78%
3M price change	-20.23%
3M total return	-19.32%
3Y price change	2.08%
3Y return CAGR	5.24%
3Y total return	16.56%
50-day SMA	$35.12
50-day SMA vs 200-day SMA	50under200
52-week high	$50.25
52-week high date	2026-02-12
52-week low	$29.26
52-week low date	2026-05-20
5Y price change	-32.58%
5Y return CAGR	-3.34%
5Y total return	-15.6%
6M price change	3.61%
6M total return	6.35%
All-time high	$66.94
All-time high date	2018-01-29
All-time low	$3.93
All-time low date	2009-03-06
Average true range (ATR)	$1.10
Average volume	5.5M
Beta (1Y)	0.47
Beta (2Y)	0.83
Beta (5Y)	0.89
Change from 52-week high	-31.18%
Change from 52-week low	18.18%
Change from all-time high	-49.46%
Change from all-time low	760.81%
Change from open	10.13%
Day's gap	-5.93%
Dollar volume	$338.5M
High price	$34.64
Low price	$31.40
Monthly RSI	41.94
Open price	$31.40
Position in 52-week range	98.15%
Premarket change	-6.56%
Premarket close	$33.38
Premarket price	$31.19
Premarket volume	157.6K
Previous close	$33.38
Price vs 150-day SMA	-5.53%
Price vs 20-day SMA	3.04%
Price vs 200-day SMA	-9.48%
Price vs 50-day SMA	-3.66%
Relative volume	1.77
RSI	51.01
Sharpe ratio	-0.55
Sharpe ratio (3Y)	0.24
Sharpe ratio (5Y)	-0.09
Sortino ratio	-0.65
Sortino ratio (3Y)	0.5
Sortino ratio (5Y)	0.05
Volume	9.8M
Weekly RSI	43.51
YTD price change	-14.12%
YTD total return	-10.97%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	527.1M
Float percentage	99.54%
Shares change (QoQ)	0.02%
Shares change (YoY)	14.69%
Shares held by insiders	0.36%
Shares held by institutions	106.11%
Shares outstanding	529.6M
Short % of float	8.52%
Short % of shares	8.48%
Short ratio	8.4 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	123

Deeper analysis on IP

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this IP report

What is the latest published IP stock rating?

International Paper Company is shown with Buy in the latest published report, analyzed 2026-10-11. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full IP analysis?

The full latest published report, analyzed 2026-10-11, lives at /stocks/IP/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for IP?

The latest published report analyzed 2026-10-11 gives IP a fair value of USD 42 and a potential value of USD 51. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the IP page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-11). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

BuyIP · Fair value $41.8+30.1%

Read full analysis →

International Paper Company (IP)

Our latest published analysis: IP rated Buy

Price

Financial snapshot

Fair-value bridge

Latest news · IP

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All IP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on IP

Frequently asked questions

评级历史

Category	Score	Reading
Valuation	7.5
Management	7.5
Balance Sheet	6.0
Profitability	1.5
Revenue Growth	2.5
Risk Assessment	6.5
Competitive Moat	6.0
Earnings Quality	3.0
Capital Efficiency	2.5