International Paper (INPAP) Operating Margin (2009 - 2026)
International Paper (INPAP) posted Operating Margin of 11.14% for Q2 2026, down 15.14% on a QoQ basis from 13.13% in Q1 2026, and down 177.0% year-over-year from 14.47% in Q2 2025.
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International Paper (INPAP) Operating Margin (2009 - 2026) Analysis & Trends
International Paper has reported Operating Margin for 18 years, with the latest figure at 11.14% in Q2 2026.
- On a quarterly basis, Operating Margin fell 177.0% year-over-year to 11.14% in Q2 2026; TTM through Jun 2026 was 8.8%, a 153.0% decrease from a year earlier, with the FY2025 full-year figure at 7.71%, down 367.0% from the prior year.
- Operating Margin was 11.14% for Q2 2026 at International Paper, down from 13.13% in the prior quarter.
- The five-year high for Operating Margin was 19.06% in Q2 2022, with the low at 8.79% in Q4 2023.
- Average Operating Margin over 5 years is 9.92%, with a median of 12.03% recorded in 2026.
- The sharpest annual moves came in 2023 and 2024: Operating Margin sank 2652 bps in 2023, then surged 1937 bps in 2024.
- Over 5 years, Operating Margin stood at 17.73% in 2022, then sank by 150 bps to 8.79% in 2023, then jumped by 220 bps to 10.58% in 2024, then fell by 9 bps to 9.59% in 2025, then climbed by 16 bps to 11.14% in 2026.
- The last three Operating Margin figures came in at 11.14% (Q2 2026), 13.13% (Q1 2026), and 9.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 11.14% |
| 2 | Smurfit Westrock | 22.12 Bn | 21.44 Bn | 1.40 Bn | 3.85% |
| 3 | Packaging Corp Of America | 20.49 Bn | 19.89 Bn | 512.50 Mn | 11.70% |
| 4 | Sonoco Products | 4.79 Bn | 4.62 Bn | 392.38 Mn | 10.23% |
| 5 | Graphic Packaging Holding | 2.80 Bn | 2.59 Bn | 292.00 Mn | 4.34% |
| 6 | Ranpak Holdings | 345.10 Mn | 301.90 Mn | 34.50 Mn | -2.28% |
| 7 | Clearwater Paper | 316.55 Mn | 221.15 Mn | -10.40 Mn | -6.38% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.53 Mn | 2.37 Mn | - | -105.05% |
| 10 | It Tech Packaging | 2.20 Mn | -7.57 Mn | 2.02 Mn | -3.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.14% |
| Mar 31, 2026 | 13.13% |
| Dec 31, 2025 | 9.59% |
| Sep 30, 2025 | 1.61% |
| Jun 30, 2025 | 12.91% |
| Mar 31, 2025 | 7.92% |
| Dec 31, 2024 | 10.58% |
| Sep 30, 2024 | 9.25% |
| Jun 30, 2024 | -1.12% |
| Mar 31, 2024 | -3.52% |
| Dec 31, 2023 | -8.79% |
| Sep 30, 2023 | 15.91% |
| Jun 30, 2023 | 16.04% |
| Mar 31, 2023 | 15.24% |
| Dec 31, 2022 | 17.73% |
| Sep 30, 2022 | 16.51% |
| Jun 30, 2022 | 19.06% |
| Mar 31, 2022 | 15.41% |
| Dec 31, 2021 | 10.52% |
| Sep 30, 2021 | 17.07% |