International Paper (IP) Cash from Operations (2009 - 2026)
International Paper (IP) reported Cash from Operations of $339 million for Q3 2026, down 44.0% from $605 million a year earlier and down 35.6% from the prior quarter.
International Paper (IP) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, International Paper's Cash from Operations came in at $2.38 billion, up 100.1% year-over-year; for FY2025, it came in at $1.7 billion, up 1.2% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of -11.1% (FY2020 to FY2025).
- By year, Cash from Operations came in at $1.68 billion in FY2024 (-8.5%), $1.83 billion in FY2023 (-15.7%), $2.17 billion in FY2022 (+7.1%) and $2.03 billion in FY2021 (-33.7%).
- The Q3 2026 figure ranks as the lowest quarterly Cash from Operations since Q1 2025.
- Year over year, Cash from Operations gained in four of the last six quarters, with growth averaging 20.3%.
- The high point for year-over-year Cash from Operations in five years was Q4 2022 (growth of 611.2%); the low point was Q4 2021 (a decline of 86.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $526 million (Q2 2026), $611 million (Q1 2026) and $905 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.02 Bn | 20.06 Bn | 1.44 Bn | 874.00 Mn |
| 2 | Packaging Corp Of America | 22.34 Bn | 19.92 Bn | 603.90 Mn | 471.60 Mn |
| 3 | Amcor | 20.65 Bn | 16.06 Bn | 1.16 Bn | -527.00 Mn |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn | 339.00 Mn |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 189.00 Mn |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn | 406.00 Mn |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn | 284.86 Mn |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn | 347.49 Mn |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn | 250.00 Mn |
| 10 | Ardagh Metal Packaging | 2.82 Bn | 1.24 Bn | 238.00 Mn | 292.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 339.00 Mn |
| Jun 30, 2026 | 526.00 Mn |
| Mar 31, 2026 | 611.00 Mn |
| Dec 31, 2025 | 905.00 Mn |
| Sep 30, 2025 | 605.00 Mn |
| Jun 30, 2025 | 476.00 Mn |
| Mar 31, 2025 | -288.00 Mn |
| Dec 31, 2024 | 397.00 Mn |
| Sep 30, 2024 | 521.00 Mn |
| Jun 30, 2024 | 365.00 Mn |
| Mar 31, 2024 | 395.00 Mn |
| Dec 31, 2023 | 492.00 Mn |
| Sep 30, 2023 | 468.00 Mn |
| Jun 30, 2023 | 528.00 Mn |
| Mar 31, 2023 | 345.00 Mn |
| Dec 31, 2022 | 761.00 Mn |
| Sep 30, 2022 | 435.00 Mn |
| Jun 30, 2022 | 390.00 Mn |
| Mar 31, 2022 | 588.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
International Paper Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "IP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();