
International Paper Company Income Statement 2025-2011 | IP
Brief overview of revenue and earnings at International Paper Company
The figures are compared over a five-year interval. The revenue attributed to International Paper Company moved from 17.6 billion dollars to 6 billion dollars between the two endpoints. Overall revenue changed by −65.8%, equal to an annualized rate of about −19.3%. The decline points to a contraction in the scale of the business.
Gross profit was 5.2 billion dollars at the start and −10.6 billion dollars at the end of the period (−303.4%). Costs absorbed a larger share of revenue over the period. At the margin level, the figure shifted from 29.8% to −177%. Weakening gross profitability reduces the quality of the top-line trend.
EBITDA was 1.1 billion dollars at the beginning and 2.7 billion dollars at the end of the period (+151.8%). EBITDA grew faster than revenue, indicating positive operating leverage. EBITDA margin moved from 6.2% to 45.7%. The company improved its ability to convert sales into EBITDA.
The final result was $482 million initially and −$2.4 billion in the final year. Profit turned into a loss, the most concerning signal in the results.
Market value was $17.4 billion at the start and $22 billion at the end. Capitalization rose despite deteriorating fundamentals.
What the figures show
The results contain several connected negative signals. The financial profile benefits from positive operating leverage. The weaker side of the profile includes declining net profitability, pressure from direct costs and a low gross margin. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement International Paper Company
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
22 B | 19.2 B | 12.4 B | 13.9 B | 17.9 B | 17.4 B | 16.7 B | 19.4 B | 26.5 B | 23.4 B | 14.3 B | 22.5 B | 20.6 B | 18 B | 13.3 B |
Shares |
506 M | 347 M | 347 M | 364 M | 389 M | 393 M | 395 M | 410 M | 413 M | 411 M | 417 M | 427 M | 443 M | 436 M | 432 M |
Historical Prices |
43.5 | 55.4 | 35.8 | 38.2 | 46.1 | 44.4 | 38.8 | 32.4 | 44.9 | 39.5 | 26.8 | 36.9 | 32.3 | 25.5 | 18.2 |
Net Income |
-2.38 B | -147 M | 288 M | 1.5 B | 1.75 B | 482 M | 1.22 B | 2.01 B | 2.14 B | 904 M | 938 M | 555 M | 1.4 B | 794 M | 1.34 B |
Revenue |
6.01 B | 3.92 B | 16 B | 21.2 B | 19.4 B | 17.6 B | 22.4 B | 23.3 B | 21.7 B | 21.1 B | 22.4 B | 23.6 B | 29.1 B | 27.8 B | 26 B |
Cost of Revenue |
16.6 B | 11.4 B | 11.5 B | 15.1 B | 13.8 B | 12.3 B | 12.7 B | 15.6 B | 14.8 B | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | 7.11 B | 7.75 B | 6.44 B | 5.93 B | 6.9 B | 7.36 B | 7.86 B | 7.25 B | 7.07 B |
Operating Income |
- | - | - | - | - | - | - | - | - | - | 2.36 B | 2.06 B | 2.23 B | 1.93 B | 2.22 B |
Interest Expense |
551 M | 432 M | 418 M | 403 M | 430 M | 597 M | 701 M | 734 M | 758 M | 695 M | 644 M | 677 M | 669 M | 742 M | 596 M |
EBITDA |
2.75 B | 851 M | 1.15 B | 1.04 B | 1.1 B | 1.09 B | 3.73 B | 4.29 B | 3.19 B | 2.83 B | 3.68 B | 3.87 B | 3.74 B | 3.38 B | 3.65 B |
Operating Expenses |
- | - | - | - | - | - | 4.68 B | 4.79 B | 4.6 B | 4.33 B | 4.51 B | 4.9 B | 5.67 B | 5.36 B | 4.76 B |
General and Administrative Expenses |
2.05 B | 1.7 B | 1.26 B | 1.29 B | 1.38 B | 1.35 B | 1.65 B | 1.72 B | 1.65 B | 1.58 B | 1.64 B | 1.79 B | 2.2 B | 2.09 B | 3.28 B |
All numbers in USD currency
Quarterly Income Statement International Paper Company
| 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
529 M | 627 M | 528 M | 528 M | 438 M | 449 M | 347 M | 347 M | 347 M | 449 M | 346 M | 346 M | 349 M | 449 M | 358 M | 368 M | 375 M | 449 M | 389 M | 392 M | 393 M | 449 M | 393 M | 393 M | 393 M | 449 M | 393 M | 396 M | 400 M | 449 M | 407 M | 413 M | 414 M | 449 M | 413 M | 413 M | 412 M | 449 M | 411 M | 411 M | 411 M | 449 M | 415 M | 420 M | 421 M | 449 M | 425 M | 429 M | 436 M | 447 M | 446 M | 445 M | 442 M | 440 M | 435 M | 435 M | 434 M | 439 M | 432 M | 429 M | 430 M |
Net Income |
60 M | - | -1.1 B | 75 M | -105 M | - | 150 M | 498 M | 56 M | - | 165 M | 235 M | 172 M | - | 951 M | 511 M | 360 M | 107 M | 864 M | 432 M | 349 M | 153 M | 204 M | 266 M | -141 M | 165 M | 344 M | 292 M | 424 M | 316 M | 562 M | 405 M | 729 M | 1.46 B | 395 M | 80 M | 209 M | 218 M | 312 M | 40 M | 334 M | 178 M | 220 M | 227 M | 313 M | 134 M | 355 M | 161 M | -95 M | 436 M | 382 M | 259 M | 318 M | 235 M | 237 M | 134 M | 188 M | 281 M | 468 M | 219 M | 354 M |
Revenue |
5.97 B | - | 6.22 B | 6.77 B | 5.26 B | - | 3.98 B | 4.73 B | 4.62 B | - | 4.61 B | 4.68 B | 5.02 B | - | 5.4 B | 5.39 B | 5.24 B | 5.09 B | 4.91 B | 5.62 B | 4.59 B | 4.44 B | 5.12 B | 4.87 B | 5.35 B | 5.5 B | 5.57 B | 5.67 B | 5.64 B | 5.95 B | 5.9 B | 5.83 B | 5.62 B | 5.71 B | 5.52 B | 5.38 B | 5.13 B | 5 B | 5.27 B | 5.32 B | 5.11 B | 5.44 B | 5.69 B | 5.71 B | 5.52 B | 5.94 B | 6.05 B | 5.9 B | 5.72 B | 5.85 B | 5.98 B | 7.34 B | 7.09 B | 7.08 B | 7.03 B | 7.08 B | 6.66 B | 6.37 B | 6.63 B | 6.65 B | 6.39 B |
Cost of Revenue |
4.24 B | - | 4.29 B | 4.88 B | 3.8 B | - | 2.88 B | 3.36 B | 3.42 B | - | 3.34 B | 3.36 B | 3.64 B | - | 3.83 B | 3.81 B | 3.84 B | - | 3.42 B | 3.91 B | 3.35 B | - | 3.54 B | 3.43 B | 3.75 B | - | 3.77 B | 3.9 B | 3.93 B | - | 3.89 B | 3.92 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.68 B | 1.8 B | 1.75 B | 1.67 B | 1.84 B | 2 B | 1.84 B | 1.69 B | 1.81 B | 1.93 B | 1.76 B | 1.71 B | 1.88 B | 1.89 B | 1.81 B | 1.67 B | 1.7 B | 1.84 B | 1.77 B | 1.76 B |
Operating Income |
- | - | - | - | - | - | 237 M | 322 M | 169 M | - | 352 M | 334 M | 306 M | - | 464 M | 585 M | 348 M | - | 490 M | 494 M | 340 M | - | 473 M | 428 M | 512 M | - | 701 M | 629 M | 600 M | - | 738 M | 697 M | 512 M | - | 674 M | 157 M | 414 M | - | 613 M | 627 M | 497 M | - | 579 M | 676 M | 623 M | - | 781 M | 639 M | 60 M | - | 665 M | 601 M | 506 M | - | 539 M | 426 M | 462 M | - | 571 M | 483 M | 585 M |
Interest Expense |
132 M | - | 135 M | 143 M | 135 M | - | 107 M | 107 M | 109 M | - | 105 M | 103 M | 103 M | - | 150 M | 83 M | 77 M | - | 104 M | 117 M | 124 M | - | 148 M | 156 M | 163 M | - | 177 M | 177 M | 184 M | - | 184 M | 183 M | 180 M | - | 198 M | 186 M | 187 M | - | 181 M | 172 M | 160 M | - | 158 M | 164 M | 159 M | - | 172 M | 176 M | 164 M | - | 162 M | 181 M | 177 M | - | 197 M | 179 M | 183 M | - | 144 M | 150 M | 150 M |
EBITDA |
- | - | - | - | - | - | 445 M | 583 M | 447 M | - | 610 M | 578 M | 547 M | - | 725 M | 852 M | 609 M | - | 770 M | 800 M | 608 M | - | 793 M | 740 M | 835 M | - | 1.03 B | 950 M | 915 M | - | 1.07 B | 1.03 B | 837 M | - | 1.02 B | 491 M | 734 M | - | 927 M | 928 M | 781 M | - | 908 M | 1 B | 946 M | - | 1.14 B | 994 M | 407 M | - | 1.03 B | 961 M | 862 M | - | 895 M | 779 M | 807 M | - | 890 M | 803 M | 908 M |
General and Administrative Expenses |
510 M | - | 493 M | 578 M | 487 M | - | 473 M | 453 M | 358 M | - | 286 M | 336 M | 381 M | - | 337 M | 300 M | 341 M | - | 343 M | 460 M | 302 M | - | 360 M | 332 M | 418 M | - | 387 M | 402 M | 413 M | - | 405 M | 12 M | 421 M | - | 401 M | 393 M | 393 M | - | 380 M | 386 M | 376 M | - | 417 M | 403 M | 406 M | - | 467 M | 436 M | 428 M | - | 473 M | 515 M | 567 M | - | 527 M | 474 M | 513 M | - | 477 M | 484 M | 485 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company International Paper Company (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.