INTERNATIONAL PAPER CO /NEW/
IP, INPAP · Paper Mills · 529.5M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $218M (gross $218M)
Reference price $31.30 · est. market cap ~$16.6B — last insider purchase, 2026-05-01 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Scaled global packaging leader but FY2025 was a loss year with deeply negative returns amid the DS Smith integration.
Strengths
- Top-decile revenue and net-income growth (93.8th/87.6th pct) on the DS Smith acquisition
- Strong cash balance (87.8th pct) and $1.7B operating cash flow with a pending value-unlocking NA/EMEA separation
Risks
- Negative net margin (-14.9%), ROE (-23.7%) and ROA (-9.3%) — a clear loss/impairment year
- Cyclical commodity exposure, elevated leverage (D/E 68th pct), and a flagged DS Smith material weakness
Notable findings
- Net lossNet loss (net margin -14.9%)
- Material weakness• Failure to remediate a material weakness in DS Smith’s internal control over financial reporting could adversely affect our business and results of operations
- Strong balance sheetStrong balance sheet — $1.1B cash & investments
- Insider buyingInsider buying — 5 open-market buy(s) by 4 insider(s) (cluster of 4 insiders, ~$4M, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -3%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
29.6%
Net margin
-14.9%
Return on equity
-23.7%
Return on assets
-9.3%
Revenue growth (QoQ)
-0.6%
Net-income growth
-731.2%
Debt / equity
0.7×
Current ratio
1.3×
Tangible book value
$5.5B
Cash & investments
$1.1B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-12 | ROBBIE DAVID A. | Grant | 5.3K | — |
| 2026-05-12 | Dorduncu Ahmet C | Grant | 5.3K | — |
| 2026-05-12 | ROBBIE DAVID A. | Tax withheld | 1.2K | $32.47 |
| 2026-05-12 | Dorduncu Ahmet C | Tax withheld | 1.2K | $32.47 |
| 2026-05-12 | Hinman Jacqueline C. | Grant | 5.3K | — |
| 2026-05-12 | GUSTAFSSON ANDERS | Grant | 11K | — |
| 2026-05-12 | SULLIVAN KATHRYN D | Grant | 7.9K | — |
| 2026-05-01 | Tozier Scott | Buy | 10K | $31.30 |
| 2026-04-01 | Goughnour Holly G. | Tax withheld | 1.3K | $35.70 |
| 2026-04-01 | Loeffler Lance | Tax withheld | 2.7K | $35.70 |
| 2026-04-01 | Hamic William Thomas | Tax withheld | 13K | $35.70 |
| 2026-03-12 | GUSTAFSSON ANDERS | Buy | 13K | $37.83 |
| 2026-03-11 | GUSTAFSSON ANDERS | Buy | 13K | $38.84 |
| 2026-02-09 | Saab Joseph R. | Grant | 24K | $46.58 |
| 2026-02-09 | Nicholls Timothy S | Grant | 52K | $46.58 |
| 2026-02-09 | Nicholls Timothy S | Tax withheld | 19K | $46.58 |
| 2026-02-09 | Saab Joseph R. | Tax withheld | 7.3K | $46.58 |
| 2026-02-09 | Hamic William Thomas | Grant | 43K | $46.58 |
| 2026-02-09 | Hamic William Thomas | Tax withheld | 15K | $46.58 |
| 2026-02-09 | Goughnour Holly G. | Grant | 6.3K | $46.58 |
| 2026-02-09 | Goughnour Holly G. | Tax withheld | 1.5K | $46.58 |
| 2026-02-01 | Goughnour Holly G. | Tax withheld | 442 | $40.32 |
| 2026-02-01 | Goughnour Holly G. | Tax withheld | 259 | $40.32 |
| 2026-02-01 | Saab Joseph R. | Tax withheld | 857 | $40.32 |
| 2026-02-01 | Saab Joseph R. | Tax withheld | 757 | $40.32 |
| 2026-02-01 | Nicholls Timothy S | Tax withheld | 304 | $40.32 |
| 2026-02-01 | Nicholls Timothy S | Tax withheld | 136 | $40.32 |
| 2026-02-01 | Hamic William Thomas | Tax withheld | 1.3K | $40.32 |
| 2026-02-01 | Hamic William Thomas | Tax withheld | 1.4K | $40.32 |
| 2026-02-01 | Goughnour Holly G. | Tax withheld | 480 | $40.32 |
| 2026-02-01 | Nicholls Timothy S | Tax withheld | 1.3K | $40.32 |
| 2026-02-01 | Nicholls Timothy S | Tax withheld | 1.4K | $40.32 |
| 2026-01-30 | Connor Christopher M | Buy | 25K | $40.37 |
| 2026-01-30 | Silvernail Andrew K | Buy | 50K | $39.98 |
| 2026-01-05 | Flores Melissa S | Grant | 25K | — |
| 2026-01-01 | Goughnour Holly G. | Grant | 3.9K | — |
| 2026-01-01 | Ellis Clay R | Tax withheld | 5.5K | $39.39 |
| 2025-11-18 | Ellis Clay R | Sell | 19K | $36.85 |
| 2025-09-16 | Saab Joseph R. | Sell | 9.0K | $45.53 |
| 2025-05-13 | ROBBIE DAVID A. | Tax withheld | 317 | $47.91 |
| 2025-05-13 | Dorduncu Ahmet C | Tax withheld | 1.3K | $47.91 |
| 2025-05-12 | GUSTAFSSON ANDERS | Grant | 8.2K | — |
| 2025-05-12 | Dorduncu Ahmet C | Grant | 4.0K | — |
| 2025-05-12 | SULLIVAN KATHRYN D | Grant | 6.1K | — |
| 2025-05-12 | ROBBIE DAVID A. | Grant | 4.0K | — |
| 2025-05-12 | Hinman Jacqueline C. | Grant | 8.1K | — |
| 2025-05-05 | Goughnour Holly G. | Sell | 7.5K | $44.85 |
| 2025-04-01 | Loeffler Lance | Grant | 32K | — |
| 2025-04-01 | Goughnour Holly G. | Grant | 10K | — |
| 2025-03-06 | ROBBIE DAVID A. | Grant | 1.1K | — |
| 2025-03-01 | Roman Joy | Grant | 30K | — |
| 2025-02-10 | Nicholls Timothy S | Tax withheld | 34K | $56.07 |
| 2025-02-10 | Saab Joseph R. | Grant | 27K | — |
| 2025-02-10 | Saab Joseph R. | Tax withheld | 8.8K | $56.07 |
| 2025-02-10 | Nicholls Timothy S | Grant | 89K | — |
| 2025-02-10 | Hamic William Thomas | Grant | 33K | — |
| 2025-02-10 | Hamic William Thomas | Tax withheld | 12K | $56.07 |
| 2025-02-10 | Goughnour Holly G. | Grant | 13K | — |
| 2025-02-10 | Goughnour Holly G. | Tax withheld | 3.2K | $56.07 |
| 2025-02-10 | Ellis Clay R | Grant | 28K | — |
| 2025-02-10 | Ellis Clay R | Tax withheld | 8.9K | $56.07 |
| 2025-02-03 | Saab Joseph R. | Tax withheld | 674 | $55.63 |
| 2025-02-03 | Saab Joseph R. | Tax withheld | 830 | $55.63 |
| 2025-02-03 | Nicholls Timothy S | Tax withheld | 1.5K | $55.63 |
| 2025-02-03 | Nicholls Timothy S | Tax withheld | 1.4K | $55.63 |
| 2025-02-03 | Hamic William Thomas | Tax withheld | 1.2K | $55.63 |
| 2025-02-03 | Hamic William Thomas | Tax withheld | 1.3K | $55.63 |
| 2025-02-03 | Goughnour Holly G. | Tax withheld | 461 | $55.63 |
| 2025-02-03 | Goughnour Holly G. | Tax withheld | 398 | $55.63 |
| 2025-02-03 | Ellis Clay R | Tax withheld | 688 | $55.63 |
| 2025-02-03 | Ellis Clay R | Tax withheld | 550 | $55.63 |
| 2025-01-01 | Goughnour Holly G. | Grant | 2.7K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-11 | 2026-05-11 | 0000051434-26-000075 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0000051434-26-000074 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0000051434-26-000067 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0000051434-26-000055 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001628280-26-011950 ↗ |
| 8-K | 2026-01-29 | 2026-01-29 | 0000051434-26-000016 ↗ |
| 8-K | 2026-01-23 | 2026-01-23 | 0001628280-26-003279 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0000051434-25-000074 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0000051434-25-000068 ↗ |
| 8-K | 2025-09-26 | 2025-09-24 | 0001628280-25-042938 ↗ |
| 8-K | 2025-08-21 | 2025-08-20 | 0000051434-25-000059 ↗ |
| 8-K | 2025-08-21 | 2025-08-20 | 0000051434-25-000060 ↗ |