International Paper (IP) Interest Coverage Ratio (2009 - 2026)
International Paper's Interest Coverage Ratio was 9.60 in Q3 2026, up 716.4% from 1.18 a year earlier and up 24.9% from the prior quarter.
International Paper (IP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, International Paper's Interest Coverage Ratio was 8.34 through Sep 30, 2026, up 61.9% year-over-year; for FY2025, it came in at 4.90, down 41.8% from FY2024.
- Interest Coverage Ratio has now declined for three consecutive years.
- In earlier years, Interest Coverage Ratio was 8.42 in FY2024 (-7.8%), 9.13 in FY2023 (-18.5%) and 11.20 in FY2022.
- Quarterly Interest Coverage Ratio has moved between -3.00 (Q1 2024) and 10.32 (Q1 2026) over five years.
- Compared with a year earlier, Interest Coverage Ratio has increased for three straight quarters, with growth averaging 146.0% over the last five quarters.
- Per Business Quant data, IP's Interest Coverage Ratio in the three quarters before Q3 2026 was 7.69 (Q2 2026), 10.32 (Q1 2026) and 6.06 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | 2.73 |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn | 9.60 |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | -0.53 |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn | 4.56 |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn | -13.67 |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn | 4.03 |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn | 1.46 |
| 10 | Ardagh Metal Packaging | 2.82 Bn | 1.24 Bn | 238.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.60 |
| Jun 30, 2026 | 7.69 |
| Mar 31, 2026 | 10.32 |
| Dec 31, 2025 | 6.06 |
| Sep 30, 2025 | 1.18 |
| Jun 30, 2025 | 7.34 |
| Mar 31, 2025 | 4.96 |
| Dec 31, 2024 | 7.16 |
| Sep 30, 2024 | 7.08 |
| Jun 30, 2024 | -0.82 |
| Mar 31, 2024 | -3.00 |
| Mar 31, 2011 | 3.90 |
| Dec 31, 2010 | 3.53 |
| Sep 30, 2010 | 4.64 |
| Jun 30, 2010 | 2.15 |
| Mar 31, 2010 | 3.59 |
| Dec 31, 2009 | 6.76 |
| Sep 30, 2009 | 6.33 |
| Jun 30, 2009 | 6.02 |
| Mar 31, 2009 | 8.45 |
International Paper Interest Coverage Ratio 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=interest-coverage-ratio&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();