International Paper (IP) Free Cash Flow (2009 - 2026)
International Paper's Free Cash Flow came in at -$7 million for Q2 2026, compared with $54 million a year earlier.
International Paper (IP) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, International Paper reported Free Cash Flow of $492 million; for FY2025, it came in at -$159 million.
- Going back by year, Free Cash Flow was $757 million in FY2024 (+9.4%), $692 million in FY2023 (-44.3%), $1.24 billion in FY2022 (-16.1%) and $1.48 billion in FY2021 (-35.9%).
- The Q2 2026 figure represents the lowest quarterly Free Cash Flow since Q1 2025.
- Year-over-year, Free Cash Flow increased in two of the last five quarters, with an average decline of 6.2%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q4 2025 (growth of 86.1%), and the weakest in Q1 2023 (a decline of 99.0%).
- Business Quant data shows IP's Free Cash Flow at $94 million (Q1 2026), $255 million (Q4 2025) and $150 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 300.00 Mn |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | -7.00 Mn |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 170.10 Mn |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 1.36 Bn |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 467.00 Mn |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 597.00 Mn |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 236.94 Mn |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | -258.52 Mn |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 75.00 Mn |
| 10 | Ardagh Metal Packaging | 2.63 Bn | 2.64 Bn | 238.00 Mn | 328.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.00 Mn |
| Mar 31, 2026 | 94.00 Mn |
| Dec 31, 2025 | 255.00 Mn |
| Sep 30, 2025 | 150.00 Mn |
| Jun 30, 2025 | 54.00 Mn |
| Mar 31, 2025 | -618.00 Mn |
| Dec 31, 2024 | 137.00 Mn |
| Sep 30, 2024 | 309.00 Mn |
| Jun 30, 2024 | 167.00 Mn |
| Mar 31, 2024 | 144.00 Mn |
| Dec 31, 2023 | 187.00 Mn |
| Sep 30, 2023 | 240.00 Mn |
| Jun 30, 2023 | 261.00 Mn |
| Mar 31, 2023 | 4.00 Mn |
| Dec 31, 2022 | 439.00 Mn |
| Sep 30, 2022 | 197.00 Mn |
| Jun 30, 2022 | 204.00 Mn |
| Mar 31, 2022 | 403.00 Mn |
| Dec 31, 2021 | -94.00 Mn |
| Sep 30, 2021 | 519.00 Mn |
International Paper Free Cash Flow 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=free-cash-flow&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();