Ticker League

International Paper (IP) Cash Flow Waterfall

Trace International Paper's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$2.60B

Capex

−$2.04B

Free Cash Flow

$553.00M

FCF Margin

+21.3%

Cash flow waterfall for International Paper (IP) — TTM through Q1 2026

Free cash flow: $553.00M

Note: Other Investing is large — driven mainly by acquisitions and investment activity.

Cash flow breakdown for International Paper (IP) — TTM through Q1 2026

  • Operating Cash Flow$2.60B
  • Capital Expenditure−$2.04B
  • Free Cash Flow$553.00M
  • Other Investing$1.35B
  • Dividends Paid−$978.00M
  • Net Debt Change−$739.00M
  • Other Financing−$31.00M
  • Forex Effect−$4.58B
  • Net Cash Decrease−$4.43B
Want to see what drove the FCF change?Free Cash Flow Bridge

Frequently asked questions

Data & methodology