TTM
27.8%
YoY change
+1.37pp
Trough year (2023)
20.4%
Peak year (2009)
34.9%
Latest annual
29.5%
Gross Margin history chart for International Paper (IP) from 1985 to 2025
Latest: 29.5%
Gross Margin change chart for International Paper (IP) from 1985 to 2025
Latest: +1.37pp
Gross Margin history table for International Paper (IP) from 1985 to 2025
| 2025 | 29.5% | +1.37pp | ||
| 2024 | 28.2% | +7.78pp | ||
| 2023 | 20.4% | -8.06pp | ||
| 2022 | 28.4% | -0.13pp | ||
| 2021 | 28.6% | +4.77pp | ||
| 2020 | 23.8% | -7.04pp | ||
| 2019 | 30.8% | -2.42pp | ||
| 2018 | 33.3% | +1.33pp | ||
| 2017 | 31.9% | +0.76pp | ||
| 2016 | 31.2% | +0.40pp | ||
| 2015 | 30.8% | -0.41pp | ||
| 2014 | 31.2% | +0.51pp | ||
| 2013 | 30.7% | +0.62pp | ||
| 2012 | 30.0% | +2.87pp | ||
| 2011 | 27.2% | +0.57pp | ||
| 2010 | 26.6% | -8.27pp | ||
| 2009 | 34.9% | +10.35pp | ||
| 2008 | 24.5% | -2.12pp | ||
| 2007 | 26.6% | +0.50pp | ||
| 2006 | 26.1% | +1.40pp | ||
| 2005 | 24.7% | -1.90pp | ||
| 2004 | 26.6% | +0.90pp | ||
| 2003 | 25.7% | -1.18pp | ||
| 2002 | 26.9% | +0.53pp | ||
| 2001 | 26.4% | -2.36pp | ||
| 2000 | 28.7% | +1.83pp | ||
| 1999 | 26.9% | +0.97pp | ||
| 1998 | 25.9% | -0.40pp | ||
| 1997 | 26.3% | +0.23pp | ||
| 1996 | 26.1% | -3.69pp | ||
| 1995 | 29.8% | +3.92pp | ||
| 1994 | 25.9% | +0.08pp | ||
| 1993 | 25.8% | +0.36pp | ||
| 1992 | 25.5% | -1.01pp | ||
| 1991 | 26.5% | -2.06pp | ||
| 1990 | 28.5% | -1.88pp | ||
| 1989 | 30.4% | +0.85pp | ||
| 1988 | 29.6% | +2.47pp | ||
| 1987 | 27.1% | +5.14pp | ||
| 1986 | 21.9% | -0.82pp | ||
| 1985 | 22.8% | — |
- 202529.5%+1.37pp
- 202428.2%+7.78pp
- 202320.4%-8.06pp
- 202228.4%-0.13pp
- 202128.6%+4.77pp
- 202023.8%-7.04pp
- 201930.8%-2.42pp
- 201833.3%+1.33pp
- 201731.9%+0.76pp
- 201631.2%+0.40pp
- 201530.8%-0.41pp
- 201431.2%+0.51pp
- 201330.7%+0.62pp
- 201230.0%+2.87pp
- 201127.2%+0.57pp
- 201026.6%-8.27pp
- 200934.9%+10.35pp
- 200824.5%-2.12pp
- 200726.6%+0.50pp
- 200626.1%+1.40pp
- 200524.7%-1.90pp
- 200426.6%+0.90pp
- 200325.7%-1.18pp
- 200226.9%+0.53pp
- 200126.4%-2.36pp
- 200028.7%+1.83pp
- 199926.9%+0.97pp
- 199825.9%-0.40pp
- 199726.3%+0.23pp
- 199626.1%-3.69pp
- 199529.8%+3.92pp
- 199425.9%+0.08pp
- 199325.8%+0.36pp
- 199225.5%-1.01pp
- 199126.5%-2.06pp
- 199028.5%-1.88pp
- 198930.4%+0.85pp
- 198829.6%+2.47pp
- 198727.1%+5.14pp
- 198621.9%-0.82pp
- 198522.8%—
Gross Margin values are taken from International Paper's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at International Paper (IP)
According to International Paper's latest reported financial statements, the company's latest reported gross margin is 27.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, International Paper (IP) reported gross margin of 29.53% – expanded 1.4 percentage points year-over-year.
The record annual gross margin stands at 34.86%, reached in 2009; the historical low of 20.38% was recorded in 2023.
International Paper Gross Margin by Year
International Paper Gross Margin 2025: 29.5%
International Paper posted gross margin of 29.53% in 2025, expanded 1.4 percentage points from 2024.
International Paper Gross Margin 2024: 28.2%
In 2024, International Paper reported gross margin of 28.16%, expanded 7.8 percentage points from 2023.
International Paper Gross Margin 2023: 20.4%
International Paper gross margin in 2023 was 20.38%, contracted 8.1 percentage points from 2022. This figure represents the lowest annual value in the available history.
International Paper Gross Margin 2022: 28.4%
2022's gross margin for International Paper came in at 28.44%, contracted 0.1 percentage points from 2021.
International Paper Gross Margin 2021: 28.6%
International Paper gross margin in 2021 was 28.56%.
See more financial history for International Paper (IP).
Sector peers by Gross Margin
Consumer Cyclical peers of International Paper (IP), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.6% | |
| 39.8% | |
| 33.1% | |
| 31.4% | |
| 19.1% |
- 100.0%
- 57.4%
- 56.0%
- 50.6%
- 39.8%
- 33.1%
- 31.4%
- 19.1%
Frequently asked questions
International Paper (IP) Key Financials
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