International Paper (IP) Gross Margin (2009 - 2026)
International Paper's Gross Margin came in at 31.21% for Q3 2026, up 0.11 percentage points from 31.10% a year earlier and up 3.56 percentage points from the prior quarter.
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Analysis
International Paper (IP) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, International Paper reported Gross Margin of 29.80%, up 0.70 percentage points year-over-year; for FY2025, it was 29.61%, up 1.58 percentage points from FY2024.
- Gross Margin carries a five-year change of -0.15 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 28.03% in FY2024 (-0.17 pp), 28.20% in FY2023 (-0.24 pp), 28.44% in FY2022 (-0.13 pp) and 28.56% in FY2021 (-1.19 pp).
- The five-year range for quarterly Gross Margin is 12.54% (Q1 2024) to 32.19% (Q4 2023).
- Year-over-year, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +3.80 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2025 (a gain of 15.18 percentage points), and the weakest in Q4 2021 (a drop of 35.34 percentage points).
- Business Quant data shows IP's Gross Margin at 27.65% (Q2 2026), 28.92% (Q1 2026) and 31.35% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.02 Bn | 20.06 Bn | 1.44 Bn | 17.64% |
| 2 | Packaging Corp Of America | 22.34 Bn | 19.92 Bn | 603.90 Mn | 23.21% |
| 3 | Amcor | 20.65 Bn | 16.06 Bn | 1.16 Bn | 18.91% |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn | 31.21% |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 16.93% |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn | 19.51% |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn | 19.85% |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn | 16.11% |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn | 14.01% |
| 10 | Ardagh Metal Packaging | 2.82 Bn | 1.24 Bn | 238.00 Mn | 13.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.21% |
| Jun 30, 2026 | 27.65% |
| Mar 31, 2026 | 28.92% |
| Dec 31, 2025 | 31.35% |
| Sep 30, 2025 | 31.10% |
| Jun 30, 2025 | 28.00% |
| Mar 31, 2025 | 27.72% |
| Dec 31, 2024 | 29.50% |
| Sep 30, 2024 | 27.62% |
| Jun 30, 2024 | 16.40% |
| Mar 31, 2024 | 12.54% |
| Dec 31, 2023 | 32.19% |
| Sep 30, 2023 | 27.49% |
| Jun 30, 2023 | 28.24% |
| Mar 31, 2023 | 27.45% |
| Dec 31, 2022 | 28.54% |
| Sep 30, 2022 | 29.10% |
| Jun 30, 2022 | 29.37% |
| Mar 31, 2022 | 26.69% |
| Dec 31, 2021 | 28.06% |
API Access
International Paper Gross Margin 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=gross-margin&ticker=IP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();