International Paper (IP) Shares Outstanding (Diluted) (2009 - 2026)
International Paper (IP) posted Shares Outstanding (Diluted) of 529.5 million for Q2 2026, down 0.6% from 532.6 million a year earlier and down 0.4% from the prior quarter.
International Paper (IP) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, International Paper's Shares Outstanding (Diluted) came in at 505.7 million, up 42.8% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- In prior years, International Paper's Shares Outstanding (Diluted) was 354.2 million in FY2024 (+1.5%), 349.1 million in FY2023 (-4.9%), 367 million in FY2022 (-6.5%) and 392.4 million in FY2021 (-0.8%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 346.5 million in Q2 2023 to a high of 532.6 million in Q2 2025 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in seven of the last eight quarters, with growth averaging 24.1%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q2 2025, with growth of 51.0%; the weakest was Q3 2022, with a decline of 8.2%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 531.8 million (Q1 2026), 505.7 million (Q4 2025) and 528 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.14 Bn | 20.07 Bn | 1.40 Bn | 526.00 Mn |
| 2 | International Paper | 20.80 Bn | 16.70 Bn | 1.66 Bn | 529.50 Mn |
| 3 | Packaging Corp Of America | 20.43 Bn | 17.97 Bn | 512.50 Mn | 89.00 Mn |
| 4 | Amcor | 19.35 Bn | 14.78 Bn | 1.34 Bn | 463.80 Mn |
| 5 | Ball | 14.84 Bn | 11.86 Bn | 697.00 Mn | 267.14 Mn |
| 6 | Crown Holdings | 11.46 Bn | 8.79 Bn | 748.00 Mn | 109.80 Mn |
| 7 | Sonoco Products | 4.83 Bn | 3.83 Bn | 392.38 Mn | 99.78 Mn |
| 8 | Silgan Holdings | 3.67 Bn | 1.41 Bn | 294.88 Mn | 105.79 Mn |
| 9 | Graphic Packaging Holding | 2.68 Bn | 1.91 Bn | 292.00 Mn | 296.70 Mn |
| 10 | Ardagh Metal Packaging | 2.59 Bn | 2.60 Bn | 238.00 Mn | 597.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 529.50 Mn |
| Mar 31, 2026 | 531.80 Mn |
| Dec 31, 2025 | 505.70 Mn |
| Sep 30, 2025 | 528.00 Mn |
| Jun 30, 2025 | 532.60 Mn |
| Mar 31, 2025 | 437.60 Mn |
| Dec 31, 2024 | 354.20 Mn |
| Sep 30, 2024 | 353.40 Mn |
| Jun 30, 2024 | 352.80 Mn |
| Mar 31, 2024 | 348.50 Mn |
| Dec 31, 2023 | 349.10 Mn |
| Sep 30, 2023 | 348.10 Mn |
| Jun 30, 2023 | 346.50 Mn |
| Mar 31, 2023 | 353.30 Mn |
| Dec 31, 2022 | 367.00 Mn |
| Sep 30, 2022 | 360.40 Mn |
| Jun 30, 2022 | 370.70 Mn |
| Mar 31, 2022 | 379.20 Mn |
| Dec 31, 2021 | 392.40 Mn |
| Sep 30, 2021 | 392.60 Mn |
International Paper Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();