International Paper Company (IP) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Packaging & Containers
EV/EBITDA
↑
1305.07
↑+339% vs avg
5yr avg: 297.02
30Y Low3.8·High13.3
P/FCF
↑
N/A
—
5yr avg: 16.52
30Y Low2.6·High93.3
P/B Ratio
↓
1.19
↓-32% vs avg
5yr avg: 1.75
30Y Low1.0·High4.8
ROE
↓
-30.6%
↑-972% vs avg
5yr avg: 3.5%
30Y Low-31%·High39%
Debt/EBITDA
↑
514.43
↑+391% vs avg
5yr avg: 104.84
30Y Low1.9·High5.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
International Paper Company currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $17.7B | $20.8B | $19.1B | $12.6B | $12.7B | $18.4B | $18.6B | $17.4B | $15.8B | $22.9B | $20.9B |
| Enterprise Value | $27.4B | $30.5B | $23.7B | $17.4B | $17.8B | $23.0B | $30.7B | $33.3B | $32.2B | $39.3B | $37.4B |
| P/E Ratio → | -5.00 | — | 34.28 | 41.55 | 8.45 | 10.51 | 38.59 | 17.94 | 7.86 | 10.69 | 23.05 |
| P/S Ratio | 0.71 | 0.84 | 1.02 | 0.67 | 0.60 | 0.95 | 1.06 | 0.95 | 0.68 | 1.05 | 1.07 |
| P/B Ratio | 1.19 | 1.40 | 2.33 | 1.51 | 1.50 | 2.03 | 2.37 | 2.25 | 2.14 | 3.50 | 4.79 |
| P/FCF | — | — | 25.18 | 18.24 | 10.22 | 12.45 | 8.06 | 7.45 | 9.57 | 62.61 | 18.48 |
| P/OCF | 10.45 | 12.25 | 11.36 | 6.88 | 5.85 | 9.08 | 6.08 | 4.82 | 4.91 | 13.04 | 8.43 |
P/E links to full P/E history page with 30-year chart
IP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
International Paper Company's enterprise value stands at 1305.1x EBITDA, 339% above its 5-year average of 297.0x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 11386% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.22 | 1.28 | 0.92 | 0.84 | 1.19 | 1.75 | 1.82 | 1.38 | 1.81 | 1.92 |
| EV / EBITDA | 1305.07 | 1450.28 | 13.33 | 6.56 | 6.36 | 8.58 | 12.11 | 10.90 | 7.50 | 10.36 | 11.24 |
| EV / EBIT | — | — | 41.15 | 21.68 | 9.28 | 16.06 | 33.20 | 20.50 | 12.80 | 24.50 | 25.13 |
| EV / FCF | — | — | 31.37 | 25.16 | 14.29 | 15.50 | 13.28 | 14.25 | 19.46 | 107.50 | 33.14 |
IP Profitability
Margins and return-on-capital ratios measuring operating efficiency
International Paper Company earns an operating margin of -11.3%, below the Consumer Cyclical sector average of 2.9%. Operating margins have compressed from 6.3% to -11.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -30.6% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.5% | 29.5% | 28.2% | 20.4% | 28.4% | 28.6% | 23.8% | 30.8% | 33.3% | 31.9% | 31.2% |
| Operating Margin | -11.3% | -11.3% | 2.6% | 6.3% | 8.3% | 7.6% | 8.0% | 9.5% | 12.7% | 10.9% | 10.8% |
| Net Profit Margin | -14.1% | -14.1% | 3.0% | 1.6% | 7.1% | 9.0% | 1.3% | 6.7% | 8.6% | 9.9% | 4.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -30.6% | -30.6% | 6.7% | 3.6% | 17.1% | 20.7% | 3.0% | 16.2% | 28.9% | 39.3% | 21.8% |
| ROA | -11.6% | -11.6% | 2.4% | 1.3% | 6.1% | 6.2% | 0.7% | 3.7% | 6.0% | 6.4% | 2.8% |
| ROIC | -11.3% | -11.3% | 2.7% | 6.7% | 9.7% | 6.6% | 4.8% | 5.5% | 9.5% | 8.1% | 8.0% |
| ROCE | -11.6% | -11.6% | 2.5% | 6.2% | 8.8% | 6.6% | 5.8% | 6.5% | 10.3% | 8.2% | 7.5% |
IP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
International Paper Company carries a Debt/EBITDA ratio of 514.4x, which is highly leveraged (11604% above the sector average of 4.4x). Net debt stands at $9.7B ($10.8B total debt minus $1.1B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.73 | 0.73 | 0.72 | 0.71 | 0.69 | 0.64 | 1.59 | 2.12 | 2.30 | 2.67 | 4.04 |
| Debt / EBITDA | 514.43 | 514.43 | 3.29 | 2.22 | 2.10 | 2.17 | 4.95 | 5.37 | 3.95 | 4.60 | 5.28 |
| Net Debt / Equity | — | 0.65 | 0.57 | 0.57 | 0.60 | 0.50 | 1.53 | 2.06 | 2.22 | 2.51 | 3.80 |
| Net Debt / EBITDA | 459.90 | 459.90 | 2.63 | 1.80 | 1.81 | 1.69 | 4.76 | 5.20 | 3.81 | 4.33 | 4.97 |
| Debt / FCF | — | — | 6.19 | 6.92 | 4.07 | 3.05 | 5.22 | 6.80 | 9.89 | 44.89 | 14.66 |
| Interest Coverage | -8.01 | -8.01 | 1.34 | 1.91 | 4.75 | 3.32 | 1.55 | 2.31 | 3.43 | 2.12 | 2.14 |
IP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.28x means International Paper Company can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.67x to 1.28x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.28 | 1.28 | 1.51 | 1.67 | 1.35 | 1.71 | 1.36 | 0.77 | 1.49 | 1.62 | 1.64 |
| Quick Ratio | 1.02 | 1.02 | 1.09 | 1.19 | 0.97 | 1.27 | 1.16 | 0.51 | 1.01 | 1.17 | 1.09 |
| Cash Ratio | 0.14 | 0.14 | 0.27 | 0.28 | 0.16 | 0.37 | 0.64 | 0.06 | 0.13 | 0.20 | 0.25 |
| Asset Turnover | — | 0.66 | 0.82 | 0.81 | 0.88 | 0.77 | 0.55 | 0.55 | 0.69 | 0.64 | 0.59 |
| Inventory Turnover | 8.72 | 8.72 | 7.50 | 7.97 | 7.80 | 7.63 | 8.23 | 5.74 | 6.94 | 6.40 | 6.01 |
| Days Sales Outstanding | — | 64.89 | 65.91 | 67.38 | 64.94 | 68.05 | 61.57 | 73.19 | 61.33 | 55.18 | 53.40 |
IP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
International Paper Company returns 5.9% to shareholders annually — split between a 5.5% dividend yield and 0.4% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.5% | 4.7% | 3.4% | 5.1% | 5.3% | 4.2% | 4.3% | 4.6% | 5.0% | 3.4% | 3.5% |
| Payout Ratio | — | — | 115.4% | 212.6% | 44.7% | 44.5% | 350.4% | 65.0% | 39.2% | 35.9% | 81.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 2.9% | 2.4% | 11.8% | 9.5% | 2.6% | 5.6% | 12.7% | 9.4% | 4.3% |
| FCF Yield | — | — | 4.0% | 5.5% | 9.8% | 8.0% | 12.4% | 13.4% | 10.4% | 1.6% | 5.4% |
| Buyback Yield | 0.4% | 0.3% | 0.1% | 1.7% | 10.1% | 4.6% | 0.2% | 3.1% | 4.6% | 0.2% | 0.6% |
| Total Shareholder Yield | 5.9% | 5.0% | 3.5% | 6.8% | 15.4% | 8.8% | 4.6% | 7.7% | 9.6% | 3.6% | 4.1% |
| Shares Outstanding | — | $528M | $354M | $349M | $367M | $392M | $396M | $399M | $414M | $418M | $416M |
Peer Comparison
Compare IP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IPYou | $18B | -5.0 | 1305.1 | — | 29.5% | -11.3% | -30.6% | -11.3% | 514.4 |
 PKG | $20B | 26.4 | 12.6 | 27.8 | 21.0% | 14.0% | 17.1% | 12.6% | 2.3 |
 GPK | $3B | 7.6 | 6.1 | — | 18.7% | 10.1% | 14.0% | 7.7% | 4.0 |
 SON | $5B | 13.1 | 7.8 | 13.1 | 20.9% | 9.5% | 13.4% | 6.2% | 3.9 |
 CLW | $229M | -11.5 | 5.8 | — | 7.4% | 1.2% | -2.4% | 1.2% | 3.8 |
 RKT | $2B | 69.8 | 18.9 | — | 91.3% | 12.4% | 0.3% | 2.5% | 17.9 |
 SLVM | $2B | 6.2 | 4.3 | 8.1 | 24.9% | 11.8% | 34.6% | 21.6% | 1.3 |
 SEE | $6B | 12.3 | 14.3 | 13.5 | 29.8% | 13.5% | 54.3% | 11.2% | 5.9 |
 ATR | $8B | 20.9 | 11.3 | 26.4 | 29.6% | 13.6% | 15.1% | 10.7% | 1.9 |
 WY | $17B | 53.4 | 23.0 | 197.0 | 7.5% | 6.7% | 3.4% | 2.4% | 5.7 |
 PCH | $3B | 149.0 | 140.5 | 47.9 | 11.0% | 3.1% | 1.0% | 0.8% | 35.3 |
| Consumer Cyclical Median | — | 19.6 | 11.4 | 15.0 | 36.9% | 2.9% | 5.6% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonIP — Frequently Asked Questions
Quick answers to the most common questions about buying IP stock.
What is International Paper Company's P/E ratio?
International Paper Company's current P/E ratio is -5.0x. The historical average is 33.2x.
What is International Paper Company's EV/EBITDA?
International Paper Company's current EV/EBITDA is 1305.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.7x.
What is International Paper Company's ROE?
International Paper Company's return on equity (ROE) is -30.6%. The historical average is 8.3%.
Is IP stock overvalued?
Based on historical data, International Paper Company is trading at a P/E of -5.0x. Compare with industry peers and growth rates for a complete picture.
What is International Paper Company's dividend yield?
International Paper Company's current dividend yield is 5.52%.
What are International Paper Company's profit margins?
International Paper Company has 29.5% gross margin and -11.3% operating margin.
How much debt does International Paper Company have?
International Paper Company's Debt/EBITDA ratio is 514.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.