International Paper Company (IP) Stock

International Paper Company (IP) is a Materials stock trading at $37.57 (as of 2026-07-17), with a market capitalization of $19.89B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Understand International Paper Company: how it makes money

International Paper makes containerboard and related packaging materials, and it also produces fluff, market, and specialty pulps used in absorbent hygiene products. It generates revenue by selling Industrial Packaging containerboard products and Global Cellulose Fibers pulps to customers across its served geographies.

Profit is primarily driven by how much the company can earn on its Industrial Packaging containerboard and Global Cellulose Fibers pulp businesses, since these are the two reportable segments that supply the bulk of its net sales and segment operating earnings.

Revenue by segment (latest quarter)
Industrial Packaging$5.3B
Global Cellulose Fibers$0.7B

Business quality (Weak): Company reports two segments (Industrial Packaging, Global Cellulose Fibers). Segment revenue split required a reconciliation because only Global Cellulose Fibers net sales is provided as a standalone figure, so Industrial Packaging was computed as total revenue minus Global Cellulose Fibers net sales.

Bull case

  • Segment operating profitability exists across regions: Packaging Solutions North America shows positive business segment operating profit (0.28B) and Packaging Solutions EMEA also shows positive operating profit (0.06B), indicating both platforms contribute to earnings.
  • Global Cellulose Fibers is an operating contributor, not just a small add-on: Global Cellulose Fibers has segment earnings of 0.1B and an operating profit metric of 0.04B, supporting that the pulp business participates in overall profitability.

Bear case

  • Low company level operating margin: The latest reported operating margin is 1.6%, which means profitability has limited room for operational setbacks.
  • Earnings are modest at the segment level relative to total revenue: Segment operating profits shown for Packaging Solutions North America (0.28B) and other segments are small compared with total revenue (6.0B), so results may be sensitive to weaker performance.
Valuation — source: SEC EDGAR (first-party)
Price$37.57
Market Cap$19.89B
Price / Book1.34
Price / Sales0.84
FCF Yield2.8%
DCF Value (model)$17.49
DCF Upside vs Price-53.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$23.63B
Net Margin-14.9%
Revenue Growth (YoY)1.2%
EPS Growth (YoY)-145.8%
FCF Growth (YoY)-115.2%
Financial Health — source: SEC EDGAR
Altman Z-Score1.10 (distress)
Piotroski F-Score3/9 (weak)
Valuation vs Sector & Industry
Sector P/E (Materials)26.1
Industry P/E (Business Supplies)26.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderCapital Research Global Investors ($2.80B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorMaterials
IndustryBusiness Supplies
CEOAndrew K. Silvernail
Employees65,000
CountryUS
IPO Date1970-01-02

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IP earnings history · IP institutional & insider holders · IP KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.