International Paper (IP) Tax Rate (2009 - 2026)
International Paper (IP) posted Tax Rate of 57.69% for Q2 2026, up 23.21 percentage points from 34.48% a year earlier and up 39.41 percentage points from the prior quarter.
International Paper (IP) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at International Paper was 16.52%, up 111.46 percentage points year-over-year; for FY2025, it came in at 15.83%, up 113.66 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -37.67 percentage points (FY2020 to FY2025).
- In prior years, International Paper's Tax Rate was -97.83% in FY2024 (-114.75 pp), 16.92% in FY2023 (+32.53 pp), -15.62% in FY2022 (-34.44 pp) and 18.82% in FY2021 (-34.68 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q2 2017.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +33.14 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2025, with a gain of 2177.04 percentage points; the weakest was Q3 2024, with a drop of 2156.81 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 18.28% (Q1 2026), 10.96% (Q4 2025) and 37.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 31.25% |
| 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 | 25.83% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 20.00% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 23.38% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 24.38% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 27.79% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 28.05% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 7.69% |
| 10 | Ardagh Metal Packaging | 2.63 Bn | 2.64 Bn | 238.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 18.28% |
| Jun 30, 2025 | 34.48% |
| Dec 31, 2024 | 21.24% |
| Mar 31, 2024 | 25.71% |
| Sep 30, 2023 | 16.81% |
| Jun 30, 2023 | 12.94% |
| Mar 31, 2023 | 21.72% |
| Dec 31, 2022 | 45.96% |
| Jun 30, 2022 | 18.68% |
| Mar 31, 2022 | 26.24% |
| Sep 30, 2021 | 14.86% |
| Jun 30, 2021 | 18.25% |
| Mar 31, 2021 | 28.76% |
| Sep 30, 2020 | 24.75% |
| Jun 30, 2020 | 27.80% |
| Dec 31, 2019 | 26.50% |
| Sep 30, 2019 | 30.31% |
| Jun 30, 2019 | 38.32% |
| Mar 31, 2019 | 25.36% |
| Dec 31, 2018 | 37.43% |
International Paper Tax Rate 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=tax-rate&ticker=IP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=IP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();