INTERNATIONAL PAPER CO /NEW/ (IP) Stock Analysis

INTERNATIONAL PAPER CO /NEW/ (IP) Stock Analysis

Analysis from 10-Q filed 2025-11-06. Data as of Q4 2025.

Overall Grade: F (Concerning)

INTERNATIONAL PAPER CO /NEW/ faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC 1.0% Below expectations
FCF Margin -0.7% Cash flow pressure
Debt/Equity 0.7x Moderate leverage

Investment Thesis: Financial metrics indicate concerning business quality with areas requiring attention.

Explore INTERNATIONAL PAPER CO /NEW/: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: INTERNATIONAL PAPER CO /NEW/ earns 1.0% ROIC, Bottom 50% in Industrials

INTERNATIONAL PAPER CO /NEW/'s trailing-twelve-month ROIC of 1.0% ranks Bottom 50% in Industrials companies (sector median: 7.3%), driven by NOPAT margin of 1.2% combined with asset turnover of 0.6x. Source: 10-Q filed 2025-11-06. Gross margin of 25.8% with operating margin at 1.5% reflects a competitive pricing environment.

Metric IP Rating Context
Return on Invested Capital (ROIC) 1.0% Red flag Below sector median of 7.3%
Return on Equity (ROE) -28.9% Red flag Moderate equity returns
Gross Margin 25.8% Adequate Competitive pricing environment
Operating Margin 1.5% Warning Moderate operational efficiency

Cash Flow: INTERNATIONAL PAPER CO /NEW/ generates $-159.0M FCF at -0.7% margin, positive NaN/8 quarters

INTERNATIONAL PAPER CO /NEW/ generated $-159.0M in free cash flow (TTM), a -0.7% FCF margin. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-11-06.

Metric IP Rating Context
Free Cash Flow Margin -0.7% Red flag Thin cash margins
Free Cash Flow (TTM) $-159.0M Red flag Cash burn
OCF/Net Income -0.5x Warning Potential accrual concerns
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: INTERNATIONAL PAPER CO /NEW/ at 0.7x leverage

INTERNATIONAL PAPER CO /NEW/'s debt-to-equity ratio of 0.7x reflects moderate leverage. Total debt of $9.8B offset by $1.1B in cash. Source: 10-Q filed 2025-11-06.

Metric IP Rating Context
Debt to Equity 0.7x Good Moderate leverage
Net Cash Position $-8.7B Warning Net debt position

Valuation: INTERNATIONAL PAPER CO /NEW/ trades at -5.9x earnings

INTERNATIONAL PAPER CO /NEW/ trades at a P/E of -5.9x. Free cash flow yield of -0.8% reflects market expectations for growth.

Metric IP Rating Context
P/E Ratio -5.9x Red flag Reasonable valuation
EV/Sales 1.2x Excellent Attractive revenue multiple
FCF Yield -0.8% Warning Lower cash yield
Dividend Yield 4.7% Good Meaningful income

Capital Allocation: INTERNATIONAL PAPER CO /NEW/ returns 5.0% shareholder yield

INTERNATIONAL PAPER CO /NEW/'s total shareholder yield is 5.0% (dividends 4.7% + buybacks 0.3%). Source: 10-Q filed 2025-11-06.

Metric IP Rating Context
Total Shareholder Yield 5.0% Good Dividend + buyback yield combined
Buyback Yield 0.3% Adequate Minimal buyback activity
Total Capital Returned (TTM) $1.0B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 1.0% Bottom 50% 0.1x below
Free Cash Flow Margin -0.7% Bottom 10% -0.1x below
Gross Margin 25.8% Bottom 50% 0.8x below
Operating Margin 1.5% Bottom 25% 0.2x below
Return on Equity (ROE) -28.9% Top 5% -3.4x below

Financial Scorecard

Metric IP Rating Sector Context
Return on Invested Capital (ROIC) 1.0% Red flag Bottom 50% of sector (median: 7.3%)
Free Cash Flow Margin -0.7% Red flag Thin cash margins
Gross Margin 25.8% Adequate Bottom 50% of sector (median: 33.1%)
Debt to Equity Ratio 66.3% Good Moderate leverage
Free Cash Flow Yield -0.8% Red flag Growth-focused valuation

Frequently Asked Questions

Q: What is INTERNATIONAL PAPER CO /NEW/'s Return on Invested Capital (ROIC)?

INTERNATIONAL PAPER CO /NEW/ (IP) has a trailing twelve-month Return on Invested Capital (ROIC) of 1.0%. This compares below the sector median of 7.3%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is INTERNATIONAL PAPER CO /NEW/'s Free Cash Flow Margin?

INTERNATIONAL PAPER CO /NEW/ (IP) has a free cash flow margin of -0.7%, generating $-159.0 million in free cash flow over the trailing twelve months. Negative free cash flow means the company is consuming cash, which may require financing.

Q: Is INTERNATIONAL PAPER CO /NEW/ stock overvalued or undervalued?

INTERNATIONAL PAPER CO /NEW/ (IP) trades at a P/E ratio of -5.9x, which is above the sector median of N/A. The EV/Sales multiple is 1.2x.

Q: Does INTERNATIONAL PAPER CO /NEW/ pay a dividend?

INTERNATIONAL PAPER CO /NEW/ (IP) currently pays a dividend yield of 4.7%. Including share buybacks, the total shareholder yield is 5.0%. A yield above 4% is attractive for income investors, though sustainability should be verified through payout ratio analysis.

Q: How much debt does INTERNATIONAL PAPER CO /NEW/ have?

INTERNATIONAL PAPER CO /NEW/ (IP) has a debt-to-equity ratio of 0.7x with total debt of $9.8 billion. Net debt position is $8.7 billion.

Q: What is INTERNATIONAL PAPER CO /NEW/'s revenue and earnings growth?

INTERNATIONAL PAPER CO /NEW/ (IP) grew revenue by 49.3% year-over-year. Double-digit revenue growth indicates strong demand and market share gains.

Q: How does INTERNATIONAL PAPER CO /NEW/ compare to competitors in Industrials?

Compared to other companies in Industrials, INTERNATIONAL PAPER CO /NEW/ (IP) shows: ROIC of 1.0% is below the sector median of 7.3% (Bottom 26%). FCF margin of -0.7% trails the sector median of 4.7%. Gross margin at 25.8% is 7.3 percentage points lower than sector peers. These rankings are based on MetricDuck's analysis of all Industrials companies with available SEC filings.

Q: What warning signs should I watch for with INTERNATIONAL PAPER CO /NEW/?

Investors in INTERNATIONAL PAPER CO /NEW/ (IP) should monitor these potential warning signs: 1) FCF margin is thin at -0.7%, leaving limited buffer for economic downturns. 2) ROIC has been declining, potentially signaling deteriorating competitive position. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-11-06. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.