International Paper (IP) is trading down at $31.87 (-0.84%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Materials sector.
Current price targets from 2 firms average $49.5, ranging from $49 to $50 — 55% above the current $31.9. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $19.5B | $21.7B | $23.3B | $18.3B | $17.6B | $19.4B | $21.2B | $16.0B | $15.8B | $23.6B |
| Growth (year over year) | −5.7% | +11.5% | +7.2% | −21.4% | −4.1% | +10.2% | +9.3% | −24.2% | −1.2% | +49.3% |
| Gross profit | $5.44B | $6.94B | $7.75B | $5.65B | $5.23B | $5.53B | $6.02B | $4.52B | $4.44B | $7.00B |
| Gross margin | 27.9% | 31.9% | 33.3% | 30.8% | 29.8% | 28.6% | 28.4% | 28.2% | 28.0% | 29.6% |
| Net income | $904.0M | $2.14B | $2.01B | $1.23B | $482.0M | $1.75B | $1.50B | $288.0M | $557.0M | −$3.52B |
| Net margin | 4.6% | 9.9% | 8.6% | 6.7% | 2.7% | 9.0% | 7.1% | 1.8% | 3.5% | −14.9% |
| EPS (diluted) | $2.18 | $5.13 | $4.85 | $3.07 | $1.22 | $4.47 | $4.10 | $0.82 | $1.57 | −$6.95 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.03B | $1.02B | $589.0M | $511.0M | $595.0M | $1.29B | $804.0M | $1.11B | $1.06B | $1.15B |
| Total assets | $33.1B | $33.9B | $33.6B | $33.5B | $31.7B | $25.2B | $23.9B | $23.3B | $22.8B | $38.0B |
| Total liabilities | $28.7B | $27.4B | $26.2B | $25.8B | $23.9B | $16.2B | $15.4B | $14.9B | $14.6B | $23.1B |
| Long-term debt | $11.1B | $10.8B | $10.0B | $9.60B | $8.04B | $5.38B | $4.82B | $5.46B | $5.36B | $8.84B |
| Shareholders' equity | $4.34B | $6.52B | $7.36B | $7.71B | $7.85B | $9.08B | $8.50B | $8.36B | $8.17B | $14.8B |
| Cash flow | ||||||||||
| Operating cash flow | $2.48B | $1.76B | $3.23B | $3.61B | $3.06B | $2.03B | $2.17B | $1.83B | $1.68B | $1.70B |
| Capital expenditure | $1.24B | $1.28B | $1.57B | $1.14B | $663.0M | $480.0M | $931.0M | $1.14B | $921.0M | $1.86B |
| Free cash flow | $1.24B | $477.0M | $1.65B | $2.47B | $2.40B | $1.55B | $1.24B | $692.0M | $757.0M | −$159.0M |
| Dividends paid | $733.0M | $769.0M | $789.0M | $796.0M | $806.0M | $780.0M | $673.0M | $642.0M | $643.0M | $977.0M |
| Share buybacks | $132.0M | $47.0M | $732.0M | $535.0M | $42.0M | $839.0M | $1.28B | $218.0M | $23.0M | $65.0M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $3.98B | $3.92B | $5.26B | $6.14B | $6.22B | $6.01B | $5.97B | $6.00B |
| Growth (year over year) | −13.7% | +128.3% | +34.5% | +52.8% | +56.4% | +53.1% | +13.4% | −2.2% |
| Gross profit | $1.10B | $2.19B | $1.46B | $1.72B | $1.94B | $1.88B | $1.73B | $1.66B |
| Gross margin | 27.6% | 55.8% | 27.7% | 28.0% | 31.1% | 31.4% | 28.9% | 27.6% |
| Operating income | $237.0M | — | — | — | — | — | — | — |
| Operating margin | 6.0% | — | — | — | — | — | — | — |
| Net income | $150.0M | −$147.0M | −$105.0M | $75.0M | −$1.10B | −$2.38B | $60.0M | −$12.0M |
| Net margin | 3.8% | −3.7% | −2.0% | 1.2% | −17.7% | −39.7% | 1.0% | −0.2% |
| EPS (diluted) | $0.42 | −$0.42 | −$0.24 | $0.14 | −$2.09 | −$4.76 | $0.11 | −$0.02 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.16B | $1.06B | $1.16B | $1.14B | $995.0M | $1.15B | $1.24B | $726.0M |
| Total assets | $23.2B | $22.8B | $41.2B | $42.4B | $40.6B | $38.0B | $36.4B | $36.5B |
| Total liabilities | $14.5B | $14.6B | $23.1B | $23.8B | $23.3B | $23.1B | $21.6B | $22.1B |
| Long-term debt | $5.31B | $5.36B | $9.18B | $9.69B | $8.99B | $8.84B | $8.18B | $8.21B |
| Shareholders' equity | $8.63B | $8.17B | $18.1B | $18.6B | $17.3B | $14.8B | $14.8B | $14.5B |
| Cash flow | ||||||||
| Operating cash flow | $521.0M | $397.0M | −$288.0M | $476.0M | $605.0M | $905.0M | $611.0M | $526.0M |
| Capital expenditure | $212.0M | $260.0M | $330.0M | $422.0M | $455.0M | $650.0M | $517.0M | $533.0M |
| Free cash flow | $309.0M | $137.0M | −$618.0M | $54.0M | $150.0M | $255.0M | $94.0M | −$7.00M |
| Dividends paid | $161.0M | $161.0M | $244.0M | $244.0M | $245.0M | $244.0M | $245.0M | $245.0M |
| Share buybacks | $0 | $1.00M | $62.0M | $1.00M | $1.00M | $1.00M | $30.0M | $1.00M |
From International Paper's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.
Source: Wikipedia — International Paper