Operating Income for International Paper (IP)
According to International Paper's latest reported financial statements, the company's current operating income (TTM) is -$2.82B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$2.82B
YoY change
-692.4%
5Y CAGR
N/A
Peak year (2009)
$3.28B
Cumulative operating income
$59.57B
Operating Income history chart for International Paper (IP) from 1985 to 2025
Operating Income history table for International Paper (IP) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$2.82B | -692.4% | ||
| 2024 | $476.00M | -59.9% | ||
| 2023 | $1.19B | -32.3% | ||
| 2022 | $1.75B | +19.6% | ||
| 2021 | $1.47B | +4.4% | ||
| 2020 | $1.40B | -19.5% | ||
| 2019 | $1.74B | -41.1% | ||
| 2018 | $2.96B | +24.8% | ||
| 2017 | $2.37B | +12.9% | ||
| 2016 | $2.10B | -6.5% | ||
| 2015 | $2.25B | -8.6% | ||
| 2014 | $2.46B | +16.6% | ||
| 2013 | $2.11B | +18.1% | ||
| 2012 | $1.79B | -22.9% | ||
| 2011 | $2.32B | +28.8% | ||
| 2010 | $1.80B | -45.1% | ||
| 2009 | $3.28B | +147.5% | ||
| 2008 | $1.32B | -22.5% | ||
| 2007 | $1.71B | +17.8% | ||
| 2006 | $1.45B | +35.6% | ||
| 2005 | $1.07B | -13.2% | ||
| 2004 | $1.23B | -3.0% | ||
| 2003 | $1.27B | -24.2% | ||
| 2002 | $1.68B | +16.9% | ||
| 2001 | $1.44B | -42.8% | ||
| 2000 | $2.51B | +62.8% | ||
| 1999 | $1.54B | +27.3% | ||
| 1998 | $1.21B | -2.3% | ||
| 1997 | $1.24B | -13.8% | ||
| 1996 | $1.44B | -43.0% | ||
| 1995 | $2.52B | +136.9% | ||
| 1994 | $1.06B | +25.5% | ||
| 1993 | $848.00M | -0.4% | ||
| 1992 | $851.00M | -10.7% | ||
| 1991 | $953.00M | -22.1% | ||
| 1990 | $1.22B | -24.0% | ||
| 1989 | $1.61B | +20.2% | ||
| 1988 | $1.34B | +69.5% | ||
| 1987 | $790.00M | +72.9% | ||
| 1986 | $457.00M | +236.3% | ||
| 1985 | $135.90M | — |
Operating Income values are taken from International Paper's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of International Paper (IP) operating income is -$2.82B – plunged 692.4% year-over-year.
Between 2009 and 2025, International Paper operating income plunged 186.0%, falling from $3.28B to -$2.82B.
2009 marks the peak operating income at $3.28B, with the historical low of -$2.82B recorded in 2025.
Among 8 Consumer Cyclical peers, International Paper (IP) ranks 9th; the peer median for operating income is $16.64B.
International Paper Operating Income by Year
International Paper Operating Income 2025: -$2.82B
International Paper operating income in 2025 was -$2.82B, plunged 692.4% below 2024. This figure represents the lowest annual value in the available history.
International Paper Operating Income 2024: $476.00M
International Paper operating income in 2024 was $476.00M, plunged 59.9% below 2023.
International Paper Operating Income 2023: $1.19B
International Paper operating income in 2023 was $1.19B, plunged 32.3% below 2022.
International Paper Operating Income 2022: $1.75B
International Paper operating income in 2022 was $1.75B, grew 19.6% from 2021.
International Paper Operating Income 2021: $1.47B
International Paper operating income in 2021 was $1.47B.
See more financial history for International Paper (IP).
Sector peers — Operating Income
Companies in the same sector as International Paper, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is International Paper's operating income?
- Latest reported operating income for International Paper (IP) is -$2.82B (period ending December 31, 2025).
How has International Paper operating income changed year-over-year?
- International Paper (IP) operating income changed -692.4% year-over-year on the latest annual filing.
When did International Paper operating income hit its highest annual value?
- International Paper operating income reached its highest annual value of $3.28B in 2009.
What was International Paper operating income in 2024?
- International Paper (IP) operating income in 2024 was $476.00M.
What was International Paper operating income in 2025?
- International Paper (IP) operating income in 2025 was -$2.82B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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