VerityRank
International Paper Company
Manufacturer VerifiedUnited States

International Paper Company

International Paper

International Paper is one of the world's foremost fiber-based packaging and industrial paper converting manufacturers, founded in 1898 in Memphis, Tennessee, USA. With annual revenue of $23.6 billion (2025), the company operates 200+ mills and converting facilities globally, employing 39,000 people. Listed on NYSE: IP, International Paper commands unparalleled control over global fluff pulp markets with 2.3 million tons of annual capacity across 8 pulp mills, making it the backbone of the industrial fiber supply chain.

Strengths: Dominant market position in fluff pulp and virgin fiber with 2.3M tons annual capacity; successful acquisition of DS Smith expanding EMEA converting footprint; announced strategic split into North America and EMEA independent public companies unlocking shareholder value; 80/20 performance system optimizing customer delivery and supply chain efficiency; 125+ years of operational heritage creating deep institutional knowledge; strong cash flow generation supporting consistent dividend payments.

Weaknesses: Faced hostile takeover attempt from Brazil's Suzano causing market volatility and strategic distraction; DS Smith acquisition accounting triggered $19M in Q1 2026 special charges; mill closures and capacity optimization leading to accelerated depreciation costs; exposure to cyclical containerboard and pulp pricing impacting revenue predictability; complex corporate restructuring into two companies creating near-term operational uncertainty.
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United StatesFounded 189839,000$23.6B200+ mills and converting… / 100
Listed onNYSEIPLSEIPC
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

2 Listings · weeklyHistory →
Market cap
$18 B
Share price
USD 36.64
1Y change
-5.8%
Recent change
+0.7%

10-30 → 11-02

Since first close
+332.6%

from 1962-01

Revenue (TTM)
$24.2 B
NYSE: IP · Revenue FY 2026 · updated 2026-11-02Source ↗

Financial history

Full market history
USD 0$0USD 13$6.25 BUSD 25$12.5 BUSD 38$18.75 BUSD 50$25.0 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11USD 36.64$18 B+7.6%
  • 2026-10USD 34.05$18 B+2.7%
  • 2026-09USD 33.17$16.3 B-12.5%
  • 2026-08USD 37.93$18.7 B-7.1%
  • 2026-07USD 40.83$20.1 B+7.2%
  • 2026-06USD 38.10$18.7 B+13.8%
  • 2026-05USD 33.47$16.5 B+10.0%
  • 2026-04USD 30.42$15 B-14.8%
  • 2026-03USD 35.70$17.6 B-18.0%
  • 2026-02USD 43.55$21.4 B+8.0%
  • 2026-01USD 40.32$19.8 B+2.4%
  • 2025-12USD 39.39$19.4 B—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Shareholding as of 2026-06-30
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Manufacturer
Insiders
0.24%
Institutions
102.63%(1,201 holders)
Free float
102.88%

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

In the press

All coverage →5 latest headlines1
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

International Paper Company, founded in 1898 and headquartered in Memphis, Tennessee, USA, is one of the world's largest fiber-based packaging and industrial paper converting manufacturers. With $23.6 billion in 2025 revenue, International Paper operates 200+ mills and converting facilities globally, employing 39,000 people. Listed on NYSE (IP), the company commands the world's largest fluff pulp capacity at 2.3 million tons annually. In 2025, it completed the acquisition of DS Smith and in January 2026 announced plans to split into two independent public companies focusing on North America and EMEA respectively.

Core Business

International Paper's industrial paper converting operations center on Composite Laminated Substrates (9.2) and Industrial Forming & Converting (9.4). The company produces industrial kraft paper and high-strength corrugated substrates for heavy machinery, automotive parts, and bulk chemical transport packaging. Its Fluff Pulp (1.6) operations represent a critical competitive advantage — with 2.3 million tons annual capacity across 8 pulp mills, International Paper is the dominant global supplier of absorbent cellulose for hygiene products and industrial applications. The acquisition of DS Smith in 2025 significantly expanded its EMEA converting footprint, adding box plants and specialty packaging capabilities across Europe.

Global Presence

International Paper's manufacturing network spans North America, Europe, the Middle East, Africa, and Latin America. Following the DS Smith acquisition, the company's combined operations include 200+ facilities, with major pulp and paper mills concentrated in the United States and expanded converting operations across EMEA markets. The company's "80/20 Performance System" optimizes customer delivery across this extensive network. In January 2026, CEO Andy Silvernail announced the landmark decision to separate the company into two publicly traded entities — one focused on North America, the other on EMEA — within 12-15 months, aiming to unlock regional asset value and improve market responsiveness.

Key Strengths

International Paper's competitive advantages include unmatched raw material control with dominant positions in global fluff pulp and virgin fiber markets; strategic M&A execution through the DS Smith acquisition followed by a rational separation strategy; 125+ years of operational heritage creating deep institutional knowledge; and a 100% self-manufacturing heavy-asset model that ensures complete quality control from fiber to finished packaging. The planned separation into two companies represents a sophisticated response to the diverging regulatory and market demands of different global regions. VerityRank Score of 89/100.

Quick Facts

Headquarters

Memphis, Tennessee, United States

Founded

1898

Employees

39,000

Revenue

$23.6B (2025)

Market cap

$18 B

Factories

200+ mills and converting facilities

Presence

North America, EMEA, Latin America

Categories
Paper & Printing9.1 Functional Coating Materials9.2 Composite Laminate Substrates9.3 Specialty Impregnated Papers9.4 Industrial Formed Products9.5 Smart Paper-Based Materials9.6 Biomass-Derived MaterialsCultural & Office Paper BrandsCultural & Office Paper ManufacturersPackaging Materials & Solutions IndustryPackaging Materials & Solutions ManufacturersPaper & Printing BrandsPaper & Printing FactoryPaper Raw Materials & Substrates IndustryPaper Substrates: Rolls/Sheets IndustryPulp Sheets & Fluff Pulp IndustryVirgin Wood Pulp IndustryPackaging Materials & Solutions BrandsSpecialty Functional Papers BrandsSpecialty Functional Papers ManufacturersIndustrial Paper Converting ManufacturersIndustrial Paper Converting BrandsPrinting Services & Solutions ManufacturersEco-Friendly Printing Materials Manufacturers

24 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website NYSE: IP , International Paper Investor Relations — Financial reports, strategic announcements, DS Smith acquisition details
IP Split Announcement (Jan 2026) — Plan to create two independent public companies
Packaging Dive Coverage — Industry analysis of IP's strategic separation
IP Q1 2026 Results (PR Newswire) — Financial performance and special charges disclosure