International Paper (IP) Operating Margin (2009 - 2026)
International Paper (IP) posted quarterly Operating Margin of 20.0% for Q1 2026, up 311.0% year-over-year from 4.87% in Q1 2025, and up 2.13% quarter-over-quarter from 19.58% in Q4 2025.
International Paper (IP) Operating Margin (2009 - 2026) Analysis & Trends
International Paper's Operating Margin history runs 18 years deep, the most recent figure standing at 20.0% for Q1 2026.
- In Q1 2026, Operating Margin rose 311.0% year-over-year to 20.0%; the TTM figure through Mar 2026 stood at 16.92% (up 355.0% YoY), while the FY2025 annual figure was 18.28%, up 166.0% from the prior year.
- Operating Margin for Q1 2026 stood at 20.0%, up from 19.58% in the prior quarter.
- The five-year high for Operating Margin was 23.81% in Q2 2022, with the low at 3.32% in Q1 2024.
- The 5-year median for Operating Margin is 19.58% (2025), against an average of 16.88%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin sank 1654 bps in 2024, then jumped 1357 bps in 2025.
- International Paper's Operating Margin stood at 22.4% in 2022, then sank by 39 bps to 13.62% in 2023, then advanced by 18 bps to 16.09% in 2024, then increased by 22 bps to 19.58% in 2025, then gained by 2 bps to 20.0% in 2026.
- Business Quant data shows IP's Operating Margin at 20.0% in Q1 2026, 19.58% in Q4 2025, and 17.68% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 3.85% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 10.10% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 11.70% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 11.14% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 9.63% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 13.59% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 12.65% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 10.23% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 14.62% |
| 10 | Silgan Holdings | 4.34 Bn | 3.99 Bn | 294.88 Mn | 9.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.10% |
| Mar 31, 2026 | 20.00% |
| Dec 31, 2025 | 19.58% |
| Sep 30, 2025 | 17.68% |
| Jun 30, 2025 | 10.57% |
| Mar 31, 2025 | 16.89% |
| Dec 31, 2024 | 16.09% |
| Sep 30, 2024 | 14.35% |
| Jun 30, 2024 | 5.13% |
| Mar 31, 2024 | 3.32% |
| Dec 31, 2023 | 13.62% |
| Sep 30, 2023 | 21.29% |
| Jun 30, 2023 | 21.06% |
| Mar 31, 2023 | 19.86% |
| Dec 31, 2022 | 22.40% |
| Sep 30, 2022 | 21.14% |
| Jun 30, 2022 | 23.81% |
| Mar 31, 2022 | 20.18% |
| Dec 31, 2021 | 21.29% |
| Sep 30, 2021 | 23.36% |