I

INTERNATIONAL PAPER COMPANY

INPAP · CIK 0000051434

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$23.63B49.3%
FY2025
Net income (FY)
−$3.52B731.2%
FY2025
Free cash flow (FY)
−$159.0M121.0%
FY2025
Diluted EPS (FY)
$-6.95542.7%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10B$20BFY2007 · Revenue $21.89B · Net income $1.17B · 0001193125-10-040916 · filed 2010-02-25FY07Revenue $21.89BNet income $1.17B0001193125-10-040916 · filed 2010-02-25FY2008 · Revenue $24.83B · Net income −$1.28B · 0001193125-11-046928 · filed 2011-02-25FY08Revenue $24.83BNet income −$1.28B0001193125-11-046928 · filed 2011-02-25FY2009 · Revenue $23.37B · Net income $663.0M · 0001193125-12-081097 · filed 2012-02-27FY09Revenue $23.37BNet income $663.0M0001193125-12-081097 · filed 2012-02-27FY2010 · Revenue $25.18B · Net income $691.0M · 0000051434-13-000004 · filed 2013-02-26FY10Revenue $25.18BNet income $691.0M0000051434-13-000004 · filed 2013-02-26FY2011 · Revenue $26.03B · Net income $1.32B · 0000051434-14-000003 · filed 2014-02-27FY11Revenue $26.03BNet income $1.32B0000051434-14-000003 · filed 2014-02-27FY2012 · Revenue $21.85B · Net income $794.0M · 0000051434-15-000009 · filed 2015-02-26FY12Revenue $21.85BNet income $794.0M0000051434-15-000009 · filed 2015-02-26FY2013 · Revenue $23.48B · Net income $1.40B · 0000051434-16-000042 · filed 2016-02-25FY13Revenue $23.48BNet income $1.40B0000051434-16-000042 · filed 2016-02-25FY2014 · Revenue $23.62B · Net income $555.0M · 0000051434-17-000007 · filed 2017-02-22FY14Revenue $23.62BNet income $555.0M0000051434-17-000007 · filed 2017-02-22FY2015 · Revenue $20.68B · Net income $938.0M · 0000051434-18-000008 · filed 2018-02-22FY15Revenue $20.68BNet income $938.0M0000051434-18-000008 · filed 2018-02-22FY2016 · Revenue $19.50B · Net income $904.0M · 0000051434-18-000008 · filed 2018-02-22 · 0000051434-19-000007 · filed 2019-02-20FY16Revenue $19.50BNet income $904.0M0000051434-18-000008 · filed 2018-02-22 · 0000051434-19-000007 · filed 2019-02-20FY2017 · Revenue $21.74B · Net income $2.14B · 0000051434-18-000008 · filed 2018-02-22 · 0000051434-20-000011 · filed 2020-02-19FY17Revenue $21.74BNet income $2.14B0000051434-18-000008 · filed 2018-02-22 · 0000051434-20-000011 · filed 2020-02-19FY2018 · Revenue $23.31B · Net income $2.01B · 0000051434-21-000012 · filed 2021-02-19FY18Revenue $23.31BNet income $2.01B0000051434-21-000012 · filed 2021-02-19FY2019 · Revenue $18.32B · Net income $1.23B · 0000051434-22-000016 · filed 2022-02-18FY19Revenue $18.32BNet income $1.23B0000051434-22-000016 · filed 2022-02-18FY2020 · Revenue $17.57B · Net income $482.0M · 0000051434-23-000013 · filed 2023-02-17FY20Revenue $17.57BNet income $482.0M0000051434-23-000013 · filed 2023-02-17FY2021 · Revenue $19.36B · Net income $1.75B · 0000051434-24-000024 · filed 2024-02-16FY21Revenue $19.36BNet income $1.75B0000051434-24-000024 · filed 2024-02-16FY2022 · Revenue $21.16B · Net income $1.50B · 0000051434-25-000013 · filed 2025-02-21 · 0000051434-24-000024 · filed 2024-02-16FY22Revenue $21.16BNet income $1.50B0000051434-25-000013 · filed 2025-02-21 · 0000051434-24-000024 · filed 2024-02-16FY2023 · Revenue $16.03B · Net income $288.0M · 0000051434-26-000055 · filed 2026-02-27FY23Revenue $16.03BNet income $288.0M0000051434-26-000055 · filed 2026-02-27FY2024 · Revenue $15.84B · Net income $557.0M · 0000051434-26-000055 · filed 2026-02-27FY24Revenue $15.84BNet income $557.0M0000051434-26-000055 · filed 2026-02-27FY2025 · Revenue $23.63B · Net income −$3.52B · 0000051434-26-000055 · filed 2026-02-27FY25Revenue $23.63BNet income −$3.52B0000051434-26-000055 · filed 2026-02-27FY25Revenue $23.63BNet income −$3.52B0000051434-26-000055 · filed 2026-02-27FY07FY10FY13FY16FY19FY22FY25

revenue 1.1× since FY2007 · net margin 5.3% → -14.9%

MarginsNet marginFCF margin
-10%0%10%20%FY2007 · Net margin 5.3% · FCF margin 2.7%FY07Net margin 5.3%FCF margin 2.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin -5.2% · FCF margin 6.7%FY08Net margin -5.2%FCF margin 6.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 2.8% · FCF margin 17.6%FY09Net margin 2.8%FCF margin 17.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 2.7% · FCF margin 3.4%FY10Net margin 2.7%FCF margin 3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 5.1% · FCF margin 5.8%FY11Net margin 5.1%FCF margin 5.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 3.6% · FCF margin 7.2%FY12Net margin 3.6%FCF margin 7.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 5.9% · FCF margin 7.8%FY13Net margin 5.9%FCF margin 7.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 2.4% · FCF margin 7.2%FY14Net margin 2.4%FCF margin 7.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 4.5% · FCF margin 6.1%FY15Net margin 4.5%FCF margin 6.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 4.6% · FCF margin 6.3%FY16Net margin 4.6%FCF margin 6.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 9.9% · FCF margin 2.2%FY17Net margin 9.9%FCF margin 2.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 8.6% · FCF margin 7.1%FY18Net margin 8.6%FCF margin 7.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 6.7% · FCF margin 13.5%FY19Net margin 6.7%FCF margin 13.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 2.7% · FCF margin 13.7%FY20Net margin 2.7%FCF margin 13.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 9.0% · FCF margin 8.0%FY21Net margin 9.0%FCF margin 8.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 7.1% · FCF margin 5.9%FY22Net margin 7.1%FCF margin 5.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 1.8% · FCF margin 4.3%FY23Net margin 1.8%FCF margin 4.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 3.5% · FCF margin 4.8%FY24Net margin 3.5%FCF margin 4.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin -14.9% · FCF margin -0.7%FY25Net margin -14.9%FCF margin -0.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin -14.9%FCF margin -0.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net -14.9% · free cash flow -0.7% of revenue

Cash engineOperating cash flowFree cash flow
$0$2B$4BFY2007 · OCF $1.89B · FCF $599.0M · 0001193125-10-040916 · filed 2010-02-25FY07OCF $1.89BFCF $599.0M0001193125-10-040916 · filed 2010-02-25FY2008 · OCF $2.67B · FCF $1.67B · 0001193125-11-046928 · filed 2011-02-25FY08OCF $2.67BFCF $1.67B0001193125-11-046928 · filed 2011-02-25FY2009 · OCF $4.66B · FCF $4.12B · 0001193125-12-081097 · filed 2012-02-27FY09OCF $4.66BFCF $4.12B0001193125-12-081097 · filed 2012-02-27FY2010 · OCF $1.63B · FCF $856.0M · 0000051434-13-000004 · filed 2013-02-26FY10OCF $1.63BFCF $856.0M0000051434-13-000004 · filed 2013-02-26FY2011 · OCF $2.67B · FCF $1.52B · 0000051434-14-000003 · filed 2014-02-27FY11OCF $2.67BFCF $1.52B0000051434-14-000003 · filed 2014-02-27FY2012 · OCF $2.97B · FCF $1.58B · 0000051434-15-000009 · filed 2015-02-26FY12OCF $2.97BFCF $1.58B0000051434-15-000009 · filed 2015-02-26FY2013 · OCF $3.03B · FCF $1.83B · 0000051434-16-000042 · filed 2016-02-25FY13OCF $3.03BFCF $1.83B0000051434-16-000042 · filed 2016-02-25FY2014 · OCF $3.08B · FCF $1.71B · 0000051434-17-000007 · filed 2017-02-22FY14OCF $3.08BFCF $1.71B0000051434-17-000007 · filed 2017-02-22FY2015 · OCF $2.58B · FCF $1.27B · 0000051434-18-000008 · filed 2018-02-22FY15OCF $2.58BFCF $1.27B0000051434-18-000008 · filed 2018-02-22FY2016 · OCF $2.48B · FCF $1.24B · 0000051434-19-000007 · filed 2019-02-20FY16OCF $2.48BFCF $1.24B0000051434-19-000007 · filed 2019-02-20FY2017 · OCF $1.76B · FCF $477.0M · 0000051434-20-000011 · filed 2020-02-19FY17OCF $1.76BFCF $477.0M0000051434-20-000011 · filed 2020-02-19FY2018 · OCF $3.23B · FCF $1.65B · 0000051434-21-000012 · filed 2021-02-19FY18OCF $3.23BFCF $1.65B0000051434-21-000012 · filed 2021-02-19FY2019 · OCF $3.61B · FCF $2.47B · 0000051434-22-000016 · filed 2022-02-18FY19OCF $3.61BFCF $2.47B0000051434-22-000016 · filed 2022-02-18FY2020 · OCF $3.06B · FCF $2.40B · 0000051434-23-000013 · filed 2023-02-17FY20OCF $3.06BFCF $2.40B0000051434-23-000013 · filed 2023-02-17FY2021 · OCF $2.03B · FCF $1.55B · 0000051434-24-000024 · filed 2024-02-16FY21OCF $2.03BFCF $1.55B0000051434-24-000024 · filed 2024-02-16FY2022 · OCF $2.17B · FCF $1.24B · 0000051434-25-000013 · filed 2025-02-21FY22OCF $2.17BFCF $1.24B0000051434-25-000013 · filed 2025-02-21FY2023 · OCF $1.83B · FCF $692.0M · 0000051434-26-000055 · filed 2026-02-27FY23OCF $1.83BFCF $692.0M0000051434-26-000055 · filed 2026-02-27FY2024 · OCF $1.68B · FCF $757.0M · 0000051434-26-000055 · filed 2026-02-27FY24OCF $1.68BFCF $757.0M0000051434-26-000055 · filed 2026-02-27FY2025 · OCF $1.70B · FCF −$159.0M · 0000051434-26-000055 · filed 2026-02-27FY25OCF $1.70BFCF −$159.0M0000051434-26-000055 · filed 2026-02-27FY25OCF $1.70BFCF −$159.0M0000051434-26-000055 · filed 2026-02-27’09’13’17’21’25

FY2025: $1.70B operating cash − $1.86B capex = −$159.0M free cash flow

Returns on capitalReturn on equityReturn on assets
-20%0%20%FY2008 · ROE -30.8% · ROA -4.8%FY08ROE -30.8%ROA -4.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 11.0% · ROA 2.6%FY09ROE 11.0%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 10.1% · ROA 2.7%FY10ROE 10.1%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 19.9% · ROA 4.9%FY11ROE 19.9%ROA 4.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 12.6% · ROA 2.5%FY12ROE 12.6%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 17.2% · ROA 4.4%FY13ROE 17.2%ROA 4.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 10.9% · ROA 1.9%FY14ROE 10.9%ROA 1.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 24.2% · ROA 3.1%FY15ROE 24.2%ROA 3.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 20.8% · ROA 2.7%FY16ROE 20.8%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 32.9% · ROA 6.3%FY17ROE 32.9%ROA 6.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 27.3% · ROA 6.0%FY18ROE 27.3%ROA 6.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 15.9% · ROA 3.7%FY19ROE 15.9%ROA 3.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 6.1% · ROA 1.5%FY20ROE 6.1%ROA 1.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 19.3% · ROA 6.9%FY21ROE 19.3%ROA 6.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 17.7% · ROA 6.3%FY22ROE 17.7%ROA 6.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 3.4% · ROA 1.2%FY23ROE 3.4%ROA 1.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 6.8% · ROA 2.4%FY24ROE 6.8%ROA 2.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE -23.7% · ROA -9.3%FY25ROE -23.7%ROA -9.3%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE -23.7%ROA -9.3%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity -31% (FY2008) → -24% (FY2025) · on assets -9.3%

The receipts