IPINTERNATIONAL PAPER CO /NEW/
Paper Mills
- Revenue
- $23.6B
- 49% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $22.8B
- Employees
- 62,602
- $378K revenue each
- Net debt / EBITDA
- —
- $9.0B net debt
- AI in 10-K
- 1.9
- mentions per 10K words
Takeover score 0 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo61% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo14% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo$378K · 25th pctBottom quartile of its SIC industry
- Quiet on AINo1.9 per 10K words · 54th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.5× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$22.8B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$2M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $19.4B | $21.2B | $16.0B | $15.8B | $23.6B | 49% |
| Net income | $1.8B | $1.5B | $288M | $557M | −$3.5B | 731% |
| Operating cash flow | $2.0B | $2.2B | $1.8B | $1.7B | $1.7B | 1.2% |
| Capex | $480M | $931M | $1.1B | $921M | $1.9B | 102% |
| Buybacks | $839M | $1.3B | $218M | $23M | $65M | 183% |
| Dividends | $780M | $673M | $642M | $643M | $977M | 52% |
Deal filings
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $4M · 5
- Open-market sells, 12 mo
- $2M · 3
- Net
- $2M
Pay vs performance
No pay-versus-performance disclosure yet.