International Paper (IP) Gross Margin (2009 - 2026)
International Paper (IP) posted quarterly Gross Margin of 28.92% for Q1 2026, up 121.0% year-over-year from 13.09% in Q1 2025, and down 7.75% on a QoQ basis from 31.35% in Q4 2025.
International Paper (IP) Gross Margin (2009 - 2026) Analysis & Trends
International Paper (IP) has reported Gross Margin for 18 consecutive years, with 28.92% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 121.0% year-over-year to 28.92%; the TTM figure through Mar 2026 stood at 27.98% (up 253.0% YoY), while the FY2025 annual figure was 29.61%, up 158.0% from the prior year.
- Gross Margin came in at 28.92% for Q1 2026 at International Paper, down from 31.35% in the prior quarter.
- The five-year high for Gross Margin was 32.19% in Q4 2023, with the low at 12.54% in Q1 2024.
- Average Gross Margin over 5 years is 26.75%, with a median of 28.24% recorded in 2023.
- Across the five-year window, Gross Margin tumbled 1491 bps in 2024 and jumped 1518 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 28.54% in 2022, then gained by 13 bps to 32.19% in 2023, then slipped by 8 bps to 29.5% in 2024, then gained by 6 bps to 31.35% in 2025, then dropped by 8 bps to 28.92% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 28.92%, 31.35%, and 31.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 17.93% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 28.92% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 28.92% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 19.76% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 23.60% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 20.62% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 17.02% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 14.19% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 11.90% |
| 10 | Greif | 1.96 Bn | 1.76 Bn | 257.30 Mn | 22.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.92% |
| Dec 31, 2025 | 31.35% |
| Sep 30, 2025 | 31.10% |
| Jun 30, 2025 | 20.61% |
| 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% |
| Sep 30, 2021 | 30.34% |
| Jun 30, 2021 | 28.68% |