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International Paper Company

IP

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
18,619
Cost of Revenue
13,376
Gross Profit
5,243
Gross Margin
28.2%
Operating Income
476
Operating Margin
2.6%
Net Income
557
Net Margin
3.0%
EPS (Basic)
$1.60
EPS (Diluted)
$1.57
EBITDA
1,882
EBITDA Margin
10.1%

2023

12/31/2023

Revenue
18,916
Cost of Revenue
13,629
Gross Profit
5,287
Gross Margin
27.9%
Operating Income
766
Operating Margin
4.0%
Net Income
288
Net Margin
1.5%
EPS (Basic)
$0.83
EPS (Diluted)
$0.87
EBITDA
2,235
EBITDA Margin
11.8%

2022

12/31/2022

Revenue
21,161
Cost of Revenue
15,143
Gross Profit
6,018
Gross Margin
28.4%
Operating Income
1,754
Operating Margin
8.3%
Net Income
1,504
Net Margin
7.1%
EPS (Basic)
$4.14
EPS (Diluted)
$4.10
EBITDA
2,954
EBITDA Margin
14.0%

2021

12/31/2021

Revenue
19,363
Cost of Revenue
13,832
Gross Profit
5,531
Gross Margin
28.6%
Operating Income
1,466
Operating Margin
7.6%
Net Income
1,752
Net Margin
9.0%
EPS (Basic)
$4.50
EPS (Diluted)
$4.47
EBITDA
2,639
EBITDA Margin
13.6%

2020

12/31/2020

Revenue
17,565
Cost of Revenue
12,339
Gross Profit
5,226
Gross Margin
29.8%
Operating Income
0
Operating Margin
0.0%
Net Income
482
Net Margin
2.7%
EPS (Basic)
$1.23
EPS (Diluted)
$1.22
EBITDA
2,213
EBITDA Margin
12.6%