International Paper is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. It produces corrugated packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; and papers that facilitate education and communication. The company is headquartered in Memphis, Tenn., employ approximately 48,000 colleagues and serve more than 25,000 customers in 150 countries. Net sales for 2020 were $21 billion.
Company profile
Ticker
IP
Exchange
Website
CEO
Mark Sutton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Resolute Forest Products • Domtar • Sylvamo • Billerud Americas • Glatfelter • Mativ • Neenah • Suzano ...
SEC CIK
Corporate docs
Subsidiaries
Basswood Forests LLC • Branigar Organization, Inc. • Carton y Papel Reciclado, S.A. • Cartonajes International, S.L. • Cartonajes Union, S.L. • Certified Forest Management LLC • CircleTree Insurance Company • CMCP - INTERNATIONAL PAPER S.A.S. • Commercial Realty & Properties LLC • Corrugated Supplies Company, LLC ...
IRS number
130872805
IP stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
17 Feb 23
8-K
International Paper Reports Full-Year and Fourth Quarter 2022 Results
31 Jan 23
8-K
Entry into a Material Definitive Agreement
24 Jan 23
8-K
Entry into a Material Definitive Agreement
24 Jan 23
8-K
International Paper Announces Changes to Executive Team
5 Jan 23
10-Q
2022 Q3
Quarterly report
28 Oct 22
8-K
International Paper Reports Third Quarter 2022 Results
27 Oct 22
8-K
Other Events
9 Sep 22
10-Q
2022 Q2
Quarterly report
29 Jul 22
8-K
International Paper Reports Second Quarter 2022 Results
28 Jul 22
Transcripts
IP
Earnings call transcript
2022 Q4
31 Jan 23
IP
Earnings call transcript
2022 Q3
27 Oct 22
IP
Earnings call transcript
2022 Q2
28 Jul 22
IP
Earnings call transcript
2022 Q1
28 Apr 22
IP
Earnings call transcript
2021 Q4
27 Jan 22
IP
Earnings call transcript
2021 Q3
27 Oct 21
IP
Earnings call transcript
2021 Q2
29 Jul 21
IP
Earnings call transcript
2021 Q1
29 Apr 21
IP
Earnings call transcript
2020 Q4
4 Feb 21
IP
Earnings call transcript
2020 Q3
29 Oct 20
Latest ownership filings
4
Joseph R. Saab
22 Mar 23
4
Mark S Sutton
20 Mar 23
SC 13G/A
BlackRock Inc.
8 Mar 23
4
Aimee K. Gregg
23 Feb 23
4
Timothy S Nicholls
17 Feb 23
SC 13G/A
PRICE T ROWE ASSOCIATES INC /MD/
14 Feb 23
SC 13G/A
STATE STREET CORP
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
GREGORY T WANTA
7 Feb 23
4
Mark S Sutton
7 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Operating income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 804.00 mm | 804.00 mm | 804.00 mm | 804.00 mm | 804.00 mm | 804.00 mm |
| Cash burn (monthly) | (no burn) | 40.92 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 116.28 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 687.72 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 16.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
83.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 792 |
| Opened positions | 117 |
| Closed positions | 109 |
| Increased positions | 254 |
| Reduced positions | 300 |
| 13F shares | Current |
|---|---|
| Total value | 10.16 tn |
| Total shares | 293.04 mm |
| Total puts | 9.34 mm |
| Total calls | 8.27 mm |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 42.19 mm | $1.46 tn |
| BLK Blackrock | 35.49 mm | $1.23 tn |
| T. Rowe Price | 26.15 mm | $909.68 bn |
| STT State Street | 23.09 mm | $799.65 bn |
| IVZ Invesco | 14.15 mm | $490.05 bn |
| Geode Capital Management | 7.93 mm | $275.73 bn |
| Charles Schwab Investment Management | 7.91 mm | $273.92 bn |
| Greenhaven Associates | 6.08 mm | $210.61 bn |
| BEN Franklin Resources | 5.92 mm | $204.85 bn |
| MS Morgan Stanley | 5.84 mm | $202.21 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 23 | Joseph R. Saab | Common Stock | Sell | Dispose S | No | No | 35.3508 | 1,705 | 60.27 k | 1,671 |
| 16 Mar 23 | Mark S Sutton | Common Stock | Sell | Dispose S | Yes | No | 34.576 | 85,000 | 2.94 mm | 143,000 |
| 22 Feb 23 | Aimee K. Gregg | Common Stock | Gift | Dispose G | No | No | 0 | 301 | 0.00 | 3,959 |
| 22 Feb 23 | Aimee K. Gregg | Common Stock | Sell | Dispose S | No | No | 36.05 | 1,862 | 67.13 k | 4,260 |
| 16 Feb 23 | Timothy S Nicholls | Common Stock | Sell | Dispose S | No | No | 38.9461 | 5,000 | 194.73 k | 129,261 |
| 3 Feb 23 | Clay R Ellis | Common Stock | Payment of exercise | Dispose F | No | No | 40.85 | 2,416 | 98.69 k | 18,270 |
| 3 Feb 23 | Clay R Ellis | Common Stock | Grant | Acquire A | No | No | 0 | 9,331 | 0.00 | 20,686 |
News
5 Value Stocks In The Consumer Cyclical Sector
14 Mar 23
Check Out 3 High-Yielding Dividend Stocks In Materials Sector From Benzinga's Most Accurate Analysts
10 Feb 23
Benzinga's Top Ratings Upgrades, Downgrades For February 3, 2023
3 Feb 23
UBS Upgrades International Paper to Neutral, Raises Price Target to $43
3 Feb 23
Argus Research Maintains Buy on International Paper, Raises Price Target to $50
2 Feb 23
Press releases
International Paper to Release First-Quarter 2023 Earnings on April 27, 2023
23 Mar 23
ETHISPHERE ANNOUNCES INTERNATIONAL PAPER AS ONE OF THE 2023 WORLD'S MOST ETHICAL COMPANIES FOR THE 17TH CONSECUTIVE YEAR
13 Mar 23
International Paper Announces Rebrand on 125th Anniversary
7 Mar 23
International Paper Announces Rebrand on 125th Anniversary
1 Mar 23
Kraft Paper Market Forecast 2023: Industry Outlook, Prices, Demand, Growth Analysis, Top Companies Share, Report by 2028
28 Feb 23