International Paper (IP) EV to EBITDA (2009 - 2026)
International Paper's EV to EBITDA was 3.88 in Q3 2026, down 39.2% from 6.37 a year earlier and down 17.3% from the prior quarter.
International Paper (IP) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, International Paper's EV to EBITDA was 3.28 through Sep 30, 2026, down 41.4% year-over-year; for FY2025, it came in at 3.99, down 29.2% from FY2024.
- In earlier years, EV to EBITDA was 5.64 in FY2024 (+74.3%), 3.24 in FY2023 (+28.5%), 2.52 in FY2022 (-52.3%) and 5.28 in FY2021 (-1.3%).
- The Q3 2026 figure marks the lowest quarterly EV to EBITDA since Q4 2023.
- Compared with a year earlier, EV to EBITDA has declined for five straight quarters, with growth averaging 4.7% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2024 (growth of 286.5%); the worst was Q4 2025 (a decline of 57.2%).
- Per Business Quant data, IP's EV to EBITDA in the three quarters before Q3 2026 was 4.69 (Q2 2026), 4.19 (Q1 2026) and 3.94 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.02 Bn | 20.06 Bn | 1.44 Bn |
| 2 | Packaging Corp Of America | 22.34 Bn | 19.92 Bn | 603.90 Mn |
| 3 | Amcor | 20.65 Bn | 16.06 Bn | 1.16 Bn |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn |
| 10 | Ardagh Metal Packaging | 2.82 Bn | 1.24 Bn | 238.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.88 |
| Jun 30, 2026 | 4.69 |
| Mar 31, 2026 | 4.19 |
| Dec 31, 2025 | 3.94 |
| Sep 30, 2025 | 6.37 |
| Jun 30, 2025 | 7.41 |
| Mar 31, 2025 | 8.06 |
| Dec 31, 2024 | 9.19 |
| Sep 30, 2024 | 10.34 |
| Jun 30, 2024 | 7.39 |
| Mar 31, 2024 | 4.67 |
| Dec 31, 2023 | 3.24 |
| Sep 30, 2023 | 2.68 |
| Jun 30, 2023 | 2.38 |
| Mar 31, 2023 | 2.59 |
| Dec 31, 2022 | 2.52 |
| Sep 30, 2022 | 2.52 |
| Jun 30, 2022 | 3.38 |
| Mar 31, 2022 | 5.11 |
| Dec 31, 2021 | 5.28 |
International Paper EV to EBITDA 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=ev-to-ebitda&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();