International Paper Company

IPNYSEConsumer Cyclical● Active

$33.06

$-0.55(-1.64%)

Market Cap$17.5B

P/E Ratio—

52W High$56.13

52W Low$29.26

Avg Volume6.9M

Open$33.25

Beta0.93

Free Cash Flow Financials Revenue

International Paper Company (IP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

IP · free cash flow · updated Jun 8, 2026

Core FCF metrics

IP · FCF · TTM · margin & CAGR

Free cash flow was −$159.0M for FY2025 (fiscal year ending 2025-12-31), down 121.0% year-over-year The FCF margin was -0.6%.

FY2025 Free Cash Flow−$159.0M▼ -121.0% YoY

Trailing 12M (TTM)$553.0MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-0.6%−$159.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

IP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.70B(1.86B)−$159.0M▼ 121.0%-0.6%

FY2024$1.68B(921M)$757.0M▲ +9.4%4.1%

FY2023$1.83B(1.14B)$692.0M▼ 44.3%3.7%

FY2022$2.17B(931M)$1.24B▼ 16.1%5.9%

FY2021$2.03B(549M)$1.48B▼ 35.9%7.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

IP · P/FCF · FCF yield · FCF per share

International Paper Company (IP) trades at a FCF yield of 3.16% and a price-to-free-cash-flow ratio of 31.5x. FCF per share stands at $1.05, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.16%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.05

TTM FCF ÷ Shares Outstanding

Price / FCF

x31.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x46.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

IP · cash flow statement · operating / investing / financing

For FY2025, International Paper Company generated $1.70B in operating cash flow and spent 1.86B in capital expenditures, yielding −$159.0M in free cash flow.

Operating Activities

+$1.70B

Cash from core business operations

2025-12-31

Investing Activities

−$1.02B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$708.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.70B) − |CapEx| (1.86B) = FCF (−$159.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

IP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

International Paper CompanyYOU

−$159.0M-121.0%-0.6%

Loss

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

International Paper Company (IP) reported free cash flow of −$159.0M for FY2025 (fiscal year ending 2025-12-31), down 121.0% year-over-year. The FCF margin was -0.6%.

Based on available data, International Paper Company has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $2.33B in FY2019.

International Paper Company's FCF yield is 3.16% and price-to-FCF ratio is 31.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

IP free cash flow · 8 questions

International Paper Company free cash flow was −$159.0M for FY2025, down 121.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $553.0M.

IP free cash flowIP FCFIP FCF 2025IP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · International Paper Company · International Paper Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026