Question 1

What is International Paper's P/FCF ratio?

Accepted Answer

International Paper (IP) P/FCF ratio is 32.3× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. 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 P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for International Paper?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For International Paper specifically, the relevant sector benchmark is the current sector median of 17.8×.

Question 5

Is International Paper's P/FCF ratio high or low?

Accepted Answer

International Paper's P/FCF ratio of 32.3× is above its own 5-year average of 16.2× and above the sector median of 17.8×. That places the current reading at the 100th 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 P/FCF ratio range?

Accepted Answer

In the available daily series, International Paper (IP) P/FCF ratio has ranged from a low of 0.0× in 2011 to a high of 15600.6× in 2007. The 5-year average is 16.2× and the 5-year median is 14.9×.

Question 7

What was International Paper's P/FCF ratio in 2024?

Accepted Answer

International Paper (IP) P/FCF ratio at the end of 2024 was 24.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does International Paper's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). 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	−$159.00M	—	—	Dec 31, 2025
2024	$18.84B	$757.00M	24.9×	+6.8×	Dec 31, 2024
2023	$12.52B	$692.00M	18.1×	+8.2×	Dec 31, 2023
2022	$12.24B	$1.24B	9.8×	-2.3×	Dec 31, 2022
2021	$17.95B	$1.48B	12.1×	+4.1×	Dec 31, 2021
2020	$18.47B	$2.31B	8.0×	+0.6×	Dec 31, 2020
2019	$17.13B	$2.33B	7.3×	-1.9×	Dec 31, 2019
2018	$15.29B	$1.65B	9.2×	-52.6×	Dec 31, 2018
2017	$22.63B	$366.00M	61.8×	+43.5×	Dec 31, 2017
2016	$20.66B	$1.13B	18.3×	+4.8×	Dec 31, 2016
2015	$14.78B	$1.09B	13.5×	+1.1×	Dec 31, 2015
2014	$21.24B	$1.71B	12.4×	+1.4×	Dec 31, 2014
2013	$20.16B	$1.83B	11.0×	+0.8×	Dec 31, 2013
2012	$16.18B	$1.58B	10.2×	+10.2×	Dec 31, 2012
2011	$0.00	$1.52B	0.0×	0.0×	Dec 31, 2011
2010	$0.00	$856.00M	0.0×	0.0×	Dec 31, 2010
2009	$0.00	$4.12B	0.0×	0.0×	Dec 31, 2009
2008	$0.00	$1.67B	0.0×	0.0×	Dec 31, 2008
2007	$0.00	$599.00M	0.0×	0.0×	Dec 31, 2007
2006	$0.00	$214.00M	0.0×	0.0×	Dec 31, 2006
2005	$0.00	$355.00M	0.0×	0.0×	Dec 31, 2005
2004	$0.00	$1.13B	0.0×	0.0×	Dec 31, 2004
2003	$0.00	$656.00M	0.0×	0.0×	Dec 31, 2003
2002	$0.00	$1.08B	0.0×	0.0×	Dec 31, 2002
2001	$0.00	$665.00M	0.0×	—	Dec 31, 2001


DraftKings (DKNG)	15.5×
Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
Booking Holdings (BKNG)	14.7×
Carnival Corporation (CCL)	14.6×
PulteGroup (PHM)	13.7×
Masco (MAS)	13.0×
V.F. (VFC)	12.6×
Deckers Outdoor (DECK)	12.0×
Lululemon Athletica (LULU)	11.6×
D.R. Horton (DHI)	11.3×
Toll Brothers (TOL)	11.1×
LKQ (LKQ)	9.3×
Hasbro (HAS)	9.3×
Mohawk Industries (MHK)	8.4×
MercadoLibre (MELI)	8.2×
Best Buy Co. (BBY)	7.9×
Etsy (ETSY)	7.2×
Leggett & Platt (LEG)	6.6×
Weyco Group (WEYS)	6.2×
Expedia Group (EXPE)	6.0×
General Motors (GM)	5.5×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	3.9×

P/FCF Ratio for International Paper (IP)

P/FCF Ratio daily chart for International Paper (IP)

Historical P/FCF Ratio for International Paper (IP) from 2001 to 2025

About P/FCF Ratio at International Paper (IP)

International Paper P/FCF Ratio by Year

International Paper P/FCF Ratio 2024: 24.9×

International Paper P/FCF Ratio 2023: 18.1×

International Paper P/FCF Ratio 2022: 9.8×

International Paper P/FCF Ratio 2021: 12.1×

International Paper P/FCF Ratio 2020: 8.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

International Paper (IP) Key Financials

P/FCF Ratio daily chart for International Paper (IP)

Historical P/FCF Ratio for International Paper (IP) from 2001 to 2025

About P/FCF Ratio at International Paper (IP)

International Paper P/FCF Ratio by Year

International Paper P/FCF Ratio 2024: 24.9×

International Paper P/FCF Ratio 2023: 18.1×

International Paper P/FCF Ratio 2022: 9.8×

International Paper P/FCF Ratio 2021: 12.1×

International Paper P/FCF Ratio 2020: 8.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is International Paper's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for International Paper?

+Is International Paper's P/FCF ratio high or low?

+What is International Paper's historical P/FCF ratio range?

+What was International Paper's P/FCF ratio in 2024?

+Why does International Paper's P/FCF ratio change over time?

International Paper (IP) Key Financials