Sector: Basic Materials | Industry: Paper Packaging |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6400 Poplar Avenue MEMPHIS TN 38197 |
Tel: | N/A |
Website: | https://www.internationalpaper.com |
IR: | See website |
Key People | ||
Mark S. Sutton Chairman of the Board | James P. Royalty Senior Vice President Containerboard and Recycling | Andrew K. Silvernail Chief Executive Officer, Director |
Timothy S. Nicholls Chief Financial Officer, Senior Vice President | W. Thomas Hamic Executive Vice President and President - North American Packaging Solutions | Joseph R. Saab Senior Vice President, General Counsel, and Corporate Secretary |
Thomas J. Plath Senior Vice President of Human Resources and Corporate Affairs | Clayton R. Ellis Senior Vice President - Global Cellulose Fibers and IP Asia | Aimee K. Gregg Senior Vice President - Supply Chain and Information Technology | Allison B. Magness Senior Vice President - Manufacturing and Environment, Health and Safety |
Business Overview |
International Paper Company is a global producer of sustainable packaging, pulp, and other fiber-based products, and a recycler. The Company operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment is focused on creating fiber-based packaging that protects and promotes goods, enables worldwide commerce, and helps keep consumers safe. The segment offers products, including linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. The Global Cellulose Fibers segment creates pulp for a wide range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products that promote health and wellness. In addition, its specialty pulps serve as a sustainable raw material used in textiles, construction materials, paints, coatings and more. It serves customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. |
Financial Overview |
For the six months ended 30 June 2024, International Paper Co revenues decreased 4% to $9.35B. Net income before extraordinary items increased 41% to $554M. Revenues reflect Industrial Packaging segment decrease of 3% to $7.76B, Global cellulose fibers segment decrease of 6% to $1.42B, Corporate and Intersegment Sales decrease of 15% to $193M, United States segment decrease of 2% to $8.15B, Americas, other than U.S. segment decrease of 13% to $392M. |
Employees: | 39,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $21,456M as of Jun 30, 2024 |
Annual revenue (TTM): | $18,567M as of Jun 30, 2024 |
EBITDA (TTM): | $2,643M as of Jun 30, 2024 |
Net annual income (TTM): | $462.00M as of Jun 30, 2024 |
Free cash flow (TTM): | $97.00M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | $4,539M as of Jun 30, 2024 |
Shares outstanding: | 347,379,366 as of Sep 6, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |