TTM
-10.5%
YoY change
−13.88pp
Trough year (2025)
-11.3%
Peak year (1989)
14.2%
Latest annual
-11.3%
Operating Margin history chart for International Paper (IP) from 1985 to 2025
Latest: -11.3%
Operating Margin change chart for International Paper (IP) from 1985 to 2025
Latest: −13.88pp
Operating Margin history table for International Paper (IP) from 1985 to 2025
| 2025 | -11.3% | -13.88pp | ||
| 2024 | 2.6% | -3.72pp | ||
| 2023 | 6.3% | -2.01pp | ||
| 2022 | 8.3% | +0.72pp | ||
| 2021 | 7.6% | -0.42pp | ||
| 2020 | 8.0% | -1.53pp | ||
| 2019 | 9.5% | -3.19pp | ||
| 2018 | 12.7% | +1.79pp | ||
| 2017 | 10.9% | +0.13pp | ||
| 2016 | 10.8% | -0.10pp | ||
| 2015 | 10.9% | +0.45pp | ||
| 2014 | 10.4% | +1.43pp | ||
| 2013 | 9.0% | +0.81pp | ||
| 2012 | 8.2% | -0.72pp | ||
| 2011 | 8.9% | +1.75pp | ||
| 2010 | 7.2% | -6.88pp | ||
| 2009 | 14.0% | +8.70pp | ||
| 2008 | 5.3% | -2.48pp | ||
| 2007 | 7.8% | +1.21pp | ||
| 2006 | 6.6% | +1.67pp | ||
| 2005 | 4.9% | -1.02pp | ||
| 2004 | 6.0% | +0.21pp | ||
| 2003 | 5.7% | -1.28pp | ||
| 2002 | 7.0% | +1.57pp | ||
| 2001 | 5.4% | -3.46pp | ||
| 2000 | 8.9% | +2.63pp | ||
| 1999 | 6.3% | +1.22pp | ||
| 1998 | 5.1% | +0.00pp | ||
| 1997 | 5.0% | -2.09pp | ||
| 1996 | 7.1% | -5.60pp | ||
| 1995 | 12.7% | +5.62pp | ||
| 1994 | 7.1% | +0.91pp | ||
| 1993 | 6.2% | -0.06pp | ||
| 1992 | 6.3% | -1.24pp | ||
| 1991 | 7.5% | -1.93pp | ||
| 1990 | 9.4% | -4.71pp | ||
| 1989 | 14.2% | +0.10pp | ||
| 1988 | 14.0% | +3.87pp | ||
| 1987 | 10.2% | +1.87pp | ||
| 1986 | 8.3% | +5.29pp | ||
| 1985 | 3.0% | — |
- 2025-11.3%-13.88pp
- 20242.6%-3.72pp
- 20236.3%-2.01pp
- 20228.3%+0.72pp
- 20217.6%-0.42pp
- 20208.0%-1.53pp
- 20199.5%-3.19pp
- 201812.7%+1.79pp
- 201710.9%+0.13pp
- 201610.8%-0.10pp
- 201510.9%+0.45pp
- 201410.4%+1.43pp
- 20139.0%+0.81pp
- 20128.2%-0.72pp
- 20118.9%+1.75pp
- 20107.2%-6.88pp
- 200914.0%+8.70pp
- 20085.3%-2.48pp
- 20077.8%+1.21pp
- 20066.6%+1.67pp
- 20054.9%-1.02pp
- 20046.0%+0.21pp
- 20035.7%-1.28pp
- 20027.0%+1.57pp
- 20015.4%-3.46pp
- 20008.9%+2.63pp
- 19996.3%+1.22pp
- 19985.1%+0.00pp
- 19975.0%-2.09pp
- 19967.1%-5.60pp
- 199512.7%+5.62pp
- 19947.1%+0.91pp
- 19936.2%-0.06pp
- 19926.3%-1.24pp
- 19917.5%-1.93pp
- 19909.4%-4.71pp
- 198914.2%+0.10pp
- 198814.0%+3.87pp
- 198710.2%+1.87pp
- 19868.3%+5.29pp
- 19853.0%—
Operating 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 Operating Margin at International Paper (IP)
According to International Paper's latest reported financial statements, the company's latest reported operating margin is -10.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
International Paper (IP) most recent annual operating margin stands at -11.33% (2025) – contracted 13.9 percentage points year-over-year.
Across the available history, operating margin reached its high of 14.15% in 1989 and its low of -11.33% in 2025.
International Paper Operating Margin by Year
International Paper Operating Margin 2025: -11.3%
In 2025, International Paper reported operating margin of -11.33%, contracted 13.9 percentage points from 2024. This figure represents the lowest annual value in the available history.
International Paper Operating Margin 2024: 2.6%
International Paper operating margin in 2024 was 2.56%, contracted 3.7 percentage points from 2023.
International Paper Operating Margin 2023: 6.3%
2023's operating margin for International Paper came in at 6.28%, contracted 2.0 percentage points from 2022.
International Paper Operating Margin 2022: 8.3%
International Paper posted operating margin of 8.29% in 2022, expanded 0.7 percentage points from 2021.
International Paper Operating Margin 2021: 7.6%
International Paper operating margin in 2021 was 7.57%.
See more financial history for International Paper (IP).
Sector peers by Operating Margin
Consumer Cyclical peers of International Paper (IP), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
Frequently asked questions
International Paper (IP) Key Financials
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