International Paper (IP) Operating Income (2009 - 2026)
International Paper's Operating Income came in at $922 million for Q3 2026, up 822.0% from $100 million a year earlier and up 37.8% from the prior quarter.
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Analysis
International Paper (IP) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, International Paper reported Operating Income of $2.95 billion, up 71.1% year-over-year; for FY2025, it was $1.82 billion, up 1.1% from FY2024.
- Operating Income carries a five-year compound annual growth rate of -6.7% (FY2020 to FY2025).
- Going back by year, Operating Income was $1.8 billion in FY2024 (-14.2%), $2.1 billion in FY2023 (-42.3%), $3.64 billion in FY2022 (+43.5%) and $2.54 billion in FY2021 (-1.6%).
- The Q3 2026 figure represents the highest quarterly Operating Income since Q2 2022.
- Year-over-year, Operating Income increased in three of the last five quarters, with growth averaging 172.1%.
- The fastest year-over-year change in Operating Income over five years came in Q3 2026 (growth of 822.0%), and the weakest in Q4 2021 (a decline of 78.1%).
- Business Quant data shows IP's Operating Income at $669 million (Q2 2026), $784 million (Q1 2026) and $576 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.02 Bn | 20.06 Bn | 1.44 Bn | 487.00 Mn |
| 2 | Packaging Corp Of America | 22.34 Bn | 19.92 Bn | 603.90 Mn | 385.30 Mn |
| 3 | Amcor | 20.65 Bn | 16.06 Bn | 1.16 Bn | 454.00 Mn |
| 4 | International Paper | 18.58 Bn | 14.66 Bn | 1.93 Bn | 922.00 Mn |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | -40.00 Mn |
| 6 | Crown Holdings | 13.22 Bn | 10.58 Bn | 724.00 Mn | 442.00 Mn |
| 7 | Sonoco Products | 4.88 Bn | 3.93 Bn | 405.32 Mn | -637.96 Mn |
| 8 | Silgan Holdings | 4.38 Bn | 2.19 Bn | 328.59 Mn | 190.68 Mn |
| 9 | Graphic Packaging Holding | 3.20 Bn | 2.20 Bn | 307.00 Mn | 101.00 Mn |
| 10 | Ardagh Metal Packaging | 2.82 Bn | 1.24 Bn | 238.00 Mn | 115.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 922.00 Mn |
| Jun 30, 2026 | 669.00 Mn |
| Mar 31, 2026 | 784.00 Mn |
| Dec 31, 2025 | 576.00 Mn |
| Sep 30, 2025 | 100.00 Mn |
| Jun 30, 2025 | 793.00 Mn |
| Mar 31, 2025 | 417.00 Mn |
| Dec 31, 2024 | 415.00 Mn |
| Sep 30, 2024 | 368.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Mar 31, 2024 | -138.00 Mn |
| Dec 31, 2023 | -151.00 Mn |
| Sep 30, 2023 | 734.00 Mn |
| Jun 30, 2023 | 751.00 Mn |
| Mar 31, 2023 | 765.00 Mn |
| Dec 31, 2022 | 914.00 Mn |
| Sep 30, 2022 | 892.00 Mn |
| Jun 30, 2022 | 1.03 Bn |
| Mar 31, 2022 | 807.00 Mn |
| Dec 31, 2021 | 507.00 Mn |
API Access
International Paper Operating Income 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=operating-income&ticker=IP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();