International Paper (IP) Return on Invested Capital [ROIC] (2009 - 2026)
International Paper's Return on Invested Capital [ROIC] came in at 7.47% for Q2 2026, up 0.38 percentage points from 7.09% a year earlier but down 0.37 percentage points from the prior quarter.
International Paper (IP) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, International Paper's Return on Invested Capital [ROIC] was 7.99%, down 5.03 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +0.81 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 13.02% in FY2024 (+0.57 pp), 12.45% in FY2023 (-12.89 pp), 25.33% in FY2022 (+11.87 pp) and 13.46% in FY2021 (+6.29 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 0.00% (Q3 2024) to 25.42% (Q1 2023).
- Year-over-year, Return on Invested Capital [ROIC] has increased for five consecutive quarters, with an average year-over-year change of -1.65 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2022 (a gain of 12.58 percentage points), and the weakest in Q2 2024 (a drop of 20.50 percentage points).
- Business Quant data shows IP's Return on Invested Capital [ROIC] at 7.84% (Q1 2026), 6.11% (Q4 2025) and 3.94% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 22.31 Bn | 19.24 Bn | 1.40 Bn | 3.13% |
| 2 | Packaging Corp Of America | 20.37 Bn | 17.90 Bn | 512.50 Mn | 9.07% |
| 3 | International Paper | 20.05 Bn | 15.94 Bn | 1.66 Bn | 7.47% |
| 4 | Amcor | 19.36 Bn | 14.79 Bn | 1.34 Bn | 6.12% |
| 5 | Ball | 14.92 Bn | 11.94 Bn | 697.00 Mn | 9.59% |
| 6 | Crown Holdings | 11.54 Bn | 8.86 Bn | 748.00 Mn | 12.67% |
| 7 | Sonoco Products | 4.82 Bn | 3.82 Bn | 392.38 Mn | 9.99% |
| 8 | Silgan Holdings | 3.68 Bn | 1.43 Bn | 294.88 Mn | 5.53% |
| 9 | Ardagh Metal Packaging | 2.66 Bn | 2.67 Bn | 238.00 Mn | 8.43% |
| 10 | Graphic Packaging Holding | 2.60 Bn | 1.83 Bn | 292.00 Mn | 4.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.47% |
| Mar 31, 2026 | 7.84% |
| Dec 31, 2025 | 6.11% |
| Sep 30, 2025 | 3.94% |
| Jun 30, 2025 | 7.09% |
| Mar 31, 2025 | 5.57% |
| Dec 31, 2024 | 4.30% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 2.85% |
| Mar 31, 2024 | 7.19% |
| Dec 31, 2023 | 12.24% |
| Sep 30, 2023 | 16.27% |
| Jun 30, 2023 | 23.35% |
| Mar 31, 2023 | 25.42% |
| Dec 31, 2022 | 25.15% |
| Sep 30, 2022 | 21.93% |
| Jun 30, 2022 | 17.75% |
| Mar 31, 2022 | 15.01% |
| Dec 31, 2021 | 12.57% |
| Sep 30, 2021 | 21.64% |
International Paper Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();