INTERNATIONAL PAPER CO /NEW/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $23.6B | $15.8B | $16.0B | $21.2B | $19.4B |
| Cost of revenue | $16.6B | $11.4B | $11.5B | $15.1B | $13.8B |
| Selling, general & administrative | $2.0B | $1.7B | $1.3B | $1.3B | $1.4B |
| Interest expense | $551.0M | $432.0M | $418.0M | $403.0M | $430.0M |
| Pretax income | -$3.4B | $369.0M | $402.0M | $1.5B | $999.0M |
| Income tax expense | -$533.0M | -$361.0M | $68.0M | -$236.0M | $188.0M |
| Net income | -$3.5B | $557.0M | $288.0M | $1.5B | $1.8B |
| Balance Sheet | |||||
| Cash and equivalents | $1.1B | $1.1B | — | — | — |
| Current assets | $10.1B | $6.4B | $6.6B | $6.8B | $7.1B |
| Total assets | $38.0B | $22.8B | $23.3B | $23.9B | $25.2B |
| Current liabilities | $7.9B | $4.3B | $4.0B | $5.0B | $4.1B |
| Total debt | $9.7B | $5.5B | $5.5B | $5.5B | $5.5B |
| Stockholders' equity | $14.8B | $8.2B | $8.4B | $8.5B | $9.1B |
| Cash Flow Statement | |||||
| Cash from operations | $1.7B | $1.7B | $1.8B | $2.2B | $2.0B |
| Depreciation and amortization | $2.7B | $851.0M | $1.1B | $1.0B | $1.1B |
| Capital expenditure | $1.9B | $921.0M | $1.1B | $931.0M | $480.0M |
| Free cash flow | -$159.0M | $757.0M | $692.0M | $1.2B | $1.6B |
| Dividends paid | $977.0M | $643.0M | $642.0M | $673.0M | $780.0M |
| Share repurchases | $65.0M | $23.0M | $218.0M | $1.3B | $839.0M |
| Impairments | $2.5B | $0 | $0 | $76.0M | — |
Shares outstanding 529.5M · Free float 99.8%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.