Question 1

What is International Paper's EV/EBITDA ratio?

Accepted Answer

International Paper (IP) EV/EBITDA ratio is 15.2× as of February 26, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for International Paper?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For International Paper specifically, the relevant sector benchmark is the current sector median of 14.3×.

Question 5

Is International Paper's EV/EBITDA ratio high or low?

Accepted Answer

International Paper's EV/EBITDA ratio of 15.2× is above its own 5-year average of 10.4× and above the sector median of 14.3×. That places the current reading at the 91th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is International Paper's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, International Paper (IP) EV/EBITDA ratio has ranged from a low of 1.1× in 2006 to a high of 27.0× in 2006. The 5-year average is 10.4× and the 5-year median is 9.9×.

Question 7

What was International Paper's EV/EBITDA ratio in 2024?

Accepted Answer

International Paper (IP) EV/EBITDA ratio at the end of 2024 was 12.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does International Paper's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$20.80B	−$130.00M	—	—	Dec 31, 2025
2024	$18.84B	$1.88B	12.5×	+4.8×	Dec 31, 2024
2023	$12.52B	$2.24B	7.7×	+1.9×	Dec 31, 2023
2022	$12.24B	$2.95B	5.9×	-6.3×	Dec 31, 2022
2021	$17.95B	$1.83B	12.1×	+2.0×	Dec 31, 2021
2020	$18.47B	$2.54B	10.1×	+1.0×	Dec 31, 2020
2019	$17.13B	$3.62B	9.1×	+0.9×	Dec 31, 2019
2018	$15.29B	$3.84B	8.2×	-4.9×	Dec 31, 2018
2017	$22.63B	$2.96B	13.2×	+0.2×	Dec 31, 2017
2016	$20.66B	$2.88B	12.9×	+3.8×	Dec 31, 2016
2015	$14.78B	$3.20B	9.1×	-1.2×	Dec 31, 2015
2014	$21.24B	$2.96B	10.4×	+0.6×	Dec 31, 2014
2013	$20.16B	$3.06B	9.8×	+1.6×	Dec 31, 2013
2012	$16.18B	$3.31B	8.2×	+6.6×	Dec 31, 2012
2011	$0.00	$3.65B	1.6×	-0.7×	Dec 31, 2011
2010	$0.00	$2.89B	2.3×	+0.2×	Dec 31, 2010
2009	$0.00	$3.35B	2.1×	-11.3×	Dec 31, 2009
2008	$0.00	$814.00M	13.4×	+11.5×	Dec 31, 2008
2007	$0.00	$3.04B	1.9×	+0.8×	Dec 31, 2007
2006	$0.00	$5.00B	1.1×	-3.1×	Dec 31, 2006
2005	$0.00	$2.52B	4.2×	+0.4×	Dec 31, 2005
2004	$0.00	$2.99B	3.8×	-1.1×	Dec 31, 2004
2003	$0.00	$2.68B	4.9×	-0.1×	Dec 31, 2003
2002	$0.00	$2.74B	5.0×	-4.1×	Dec 31, 2002
2001	$0.00	$1.53B	9.1×	—	Dec 31, 2001


Packaging Corporation of America (PKG)	12.3×
Wynn Resorts (WYNN)	11.7×
General Motors (GM)	11.5×
Amcor (AMCR)	11.3×
Masco (MAS)	10.9×
NVR (NVR)	10.9×
Ball (BALL)	10.7×
D.R. Horton (DHI)	10.7×
Las Vegas Sands (LVS)	10.1×
Norwegian Cruise Line (NCLH)	9.9×
Carnival Corporation (CCL)	9.5×
Deckers Outdoor (DECK)	9.5×
LKQ (LKQ)	9.0×
Toll Brothers (TOL)	8.6×
PulteGroup (PHM)	8.1×
Expedia Group (EXPE)	8.0×
Etsy (ETSY)	8.0×
Leggett & Platt (LEG)	7.3×
Best Buy Co. (BBY)	6.8×
Weyco Group (WEYS)	6.6×
Sonoco Products (SON)	6.5×
Lululemon Athletica (LULU)	6.3×
Mohawk Industries (MHK)	4.9×
Smurfit Westrock (SW)	4.6×
PDD Holdings (PDD)	3.7×

EV/EBITDA for International Paper (IP)

EV/EBITDA daily chart for International Paper (IP)

Historical EV/EBITDA for International Paper (IP) from 2001 to 2025

About EV/EBITDA at International Paper (IP)

International Paper EV/EBITDA by Year

International Paper EV/EBITDA 2024: 12.5×

International Paper EV/EBITDA 2023: 7.7×

International Paper EV/EBITDA 2022: 5.9×

International Paper EV/EBITDA 2021: 12.1×

International Paper EV/EBITDA 2020: 10.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

International Paper (IP) Key Financials

EV/EBITDA daily chart for International Paper (IP)

Historical EV/EBITDA for International Paper (IP) from 2001 to 2025

About EV/EBITDA at International Paper (IP)

International Paper EV/EBITDA by Year

International Paper EV/EBITDA 2024: 12.5×

International Paper EV/EBITDA 2023: 7.7×

International Paper EV/EBITDA 2022: 5.9×

International Paper EV/EBITDA 2021: 12.1×

International Paper EV/EBITDA 2020: 10.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is International Paper's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for International Paper?

+Is International Paper's EV/EBITDA ratio high or low?

+What is International Paper's historical EV/EBITDA ratio range?

+What was International Paper's EV/EBITDA ratio in 2024?

+Why does International Paper's EV/EBITDA ratio change over time?

International Paper (IP) Key Financials