International Paper (IP) Other Working Capital Changes (2009 - 2026)
International Paper (IP) reported Other Working Capital Changes of $109 million for Q2 2026, up 43.4% from $76 million a year earlier.
International Paper (IP) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, International Paper's Other Working Capital Changes came in at -$199 million; for FY2025, it came in at $57 million.
- By year, Other Working Capital Changes came in at -$7 million in FY2024, -$43 million in FY2023, -$28 million in FY2022 and $5 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Other Working Capital Changes since Q2 2017.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$217 million (Q1 2026), -$67 million (Q4 2025) and -$24 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn |
| 10 | Ardagh Metal Packaging | 2.63 Bn | 2.64 Bn | 238.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 109.00 Mn |
| Mar 31, 2026 | -217.00 Mn |
| Dec 31, 2025 | -67.00 Mn |
| Sep 30, 2025 | -24.00 Mn |
| Jun 30, 2025 | 76.00 Mn |
| Mar 31, 2025 | 72.00 Mn |
| Dec 31, 2024 | -17.00 Mn |
| Sep 30, 2024 | -20.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Mar 31, 2024 | 26.00 Mn |
| Dec 31, 2023 | -48.00 Mn |
| Sep 30, 2023 | -18.00 Mn |
| Jun 30, 2023 | -4.00 Mn |
| Mar 31, 2023 | 27.00 Mn |
| Dec 31, 2022 | -51.00 Mn |
| Sep 30, 2022 | -40.00 Mn |
| Jun 30, 2022 | 27.00 Mn |
| Mar 31, 2022 | 36.00 Mn |
| Dec 31, 2021 | -41.00 Mn |
| Sep 30, 2021 | 1.00 Mn |
International Paper Other Working Capital Changes 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=other-working-capital-changes&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();