INTERNATIONAL PAPER CO /NEW/

IP 10-K · FY 2025

IP FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 23,634 15,835 +49.3%
Show Business Segments breakouts
Packaging Solutions EMEA Segment · EMEA 8,451 1,355 +523.7%
Packaging Solutions EMEA Segment · Intersegment Elimination -1
Packaging Solutions EMEA Segment · Net sales from external customers 8,450 1,355 +523.6%
Packaging Solutions EMEA Segment · Operating Segments 8,451 1,355 +523.7%
Packaging Solutions North America · Americas, other than U.S. 713 730 -2.3%
Packaging Solutions North America · Asia Pacific 31 63 -50.8%
Packaging Solutions North America · Intersegment Elimination -188 -115 -63.5%
Packaging Solutions North America · Net sales from external customers 14,987 14,178 +5.7%
Packaging Solutions North America · Operating Segments 15,175 14,293 +6.2%
Packaging Solutions North America · US 14,431 13,500 +6.9%
Show Geography breakouts
Americas, other than U.S. 713 730 -2.3%
Asia Pacific 31 64 -51.6%
EMEA 8,451 1,355 +523.7%
US 14,439 13,686 +5.5%
US · Corporate & Intersegment 8 186 -95.7%
Show Consolidation Items breakouts
Corporate & Intersegment 8 187 -95.7%
Intersegment Elimination -189 -115 -64.3%
Material Reconciling Items 197 302 -34.8%
Net sales from external customers 23,437 15,533 +50.9%
Operating Segments 23,626 15,648 +51.0%
Cost of Revenue 16,637 11,397 +46.0%
Show Business Segments breakouts
Packaging Solutions EMEA Segment · Operating Segments 6,225 1,010 +516.3%
Packaging Solutions North America · Operating Segments 10,338 10,089 +2.5%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Commodity Contract 22
Selling, General & Administrative 2,050 1,703 +20.4%
Show Business Segments breakouts
Packaging Solutions EMEA Segment · Operating Segments 536 125 +328.8%
Packaging Solutions North America · Operating Segments 1,293 1,326 -2.5%
Operating Income (FY)
Show Business Segments breakouts
Packaging Solutions EMEA Segment · Operating Segments -236 60 -493.3%
Packaging Solutions North America · Operating Segments 572 891 -35.8%
Show Consolidation Items breakouts
Operating Segments 336 951 -64.7%
Interest Income 179 218 -17.9%
Income Before Taxes (FY)
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -99 -91 -8.8%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -23
Income Tax Expense (Benefit) -533 -361 -47.6%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -24 -22 -9.1%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -5
Show Income Tax Authority breakouts
Foreign Country 550
GB 522
LU 34
PT -62
Net Income -3,516 557 -731.2%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income -75 -69 -8.7%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income -18
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income -93 -69 -34.8%
Comprehensive Income -2,322 400 -680.5%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 1,194 -157 +860.5%
Retained Earnings -3,516 557 -731.2%
Other Comprehensive Income 1,194 -157 +860.5%
EPS (Basic) -6.95 1.6 -534.4%
EPS (Diluted) -6.95 1.57 -542.7%
Wtd Avg Shares (Basic) 505.7 347.2 +45.7%
Wtd Avg Shares (Diluted) 505.7 354.2 +42.8%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -69
Income Loss From Equity Method Investments -3 -5 +40.0%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments -3,368 369 -1012.7%
Interest Income Expense Net 372 214 +73.8%
Show Equity Components breakouts
Accumulated Gain Loss Net Cash Flow Hedge Parent · Interest Rate Contract 1
Interest Expense Operating 372 214 +73.8%
Other Noninterest Expense 109 170 -35.9%
Interest Expense 551 432 +27.5%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 1,145 1,062 +7.8%
Inventory 2,012 1,486 +35.4%
Total Current Assets 10,106 6,424 +57.3%
Non-Current Assets
Property, Plant & Equipment 14,443 7,916 +82.5%
Operating Lease Right-of-Use Assets 697 402 +73.4%
Goodwill 5,326 3,038 +75.3%
Show Business Segments breakouts
Packaging Solutions EMEA Segment 1,417
Packaging Solutions North America 3,909 3,038 +28.7%
Intangible Assets 4,022
Other Non-Current Assets 514 648 -20.7%
Total Assets 37,964 22,800 +66.5%
Show Business Segments breakouts
Packaging Solutions EMEA Segment · Operating Segments 15,439 1,276 +1110.0%
Packaging Solutions North America · Operating Segments 16,498 14,501 +13.8%
Show Consolidation Items breakouts
Corporate Non Segment 6,027 7,023 -14.2%
Current Liabilities
Accounts Payable 3,902 2,110 +84.9%
Deferred Revenue (Current) 18 30 -40.0%
Current Portion of Long-Term Debt 992 193 +414.0%
Total Current Liabilities 7,899 4,258 +85.5%
Debt Current 992 191 +419.4%
Non-Current Liabilities
Long-Term Debt 8,839 5,362 +64.8%
Operating Lease Liabilities 486 269 +80.7%
Deferred Tax Liabilities 1,898 1,028 +84.6%
Other Non-Current Liabilities 1,439 1,100 +30.8%
Stockholders' Equity
Common Stock 627 449 +39.6%
Retained Earnings 4,885 9,393 -48.0%
Accumulated Other Comprehensive Income -528 -1,722 +69.3%
Total Stockholders' Equity 14,827 8,173 +81.4%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -1,099 -1,312 +16.2%
Accumulated Gain Loss Net Cash Flow Hedge Parent -59 -8 -637.5%
Accumulated Other Comprehensive Income -528 -1,722 +69.3%
Accumulated Translation Adjustment 630 -402 +256.7%
Additional Paid In Capital 14,414 4,732 +204.6%
Common Stock 627 449 +39.6%
Retained Earnings 4,885 9,393 -48.0%
Treasury Stock Common 4,571 4,679 -2.3%
Total Liabilities & Equity 37,964 22,800 +66.5%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization 2,747 851 +222.8%
Show Business Segments breakouts
Packaging Solutions EMEA Segment · Operating Segments 1,020 64 +1493.8%
Packaging Solutions North America · Operating Segments 1,724 786 +119.3%
Deferred Income Taxes -615 -358 -71.8%
Other Non-Cash Items -78 135 -157.8%
Change in Inventory 158 12 +1216.7%
Net Cash from Operations 1,698 1,678 +1.2%
Investing Activities
Other Investing Activities 32 -3 +1166.7%
Net Cash from Investing -1,024 -808 -26.7%
Financing Activities
Share Repurchases -65 -23 -182.6%
Net Cash from Financing -708 -775 +8.6%
Supplemental
Income Taxes Paid 161 394 -59.1%
Other Cash Flow
Net Change in Cash -9 57 -115.8%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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