International Paper annual debt-to-equity ratio
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2025
International Paper Debt-to-Equity Ratio Growth & History (IPC)
International Paper's debt-to-equity ratio was 0.72 for fiscal 2025.
View full International Paper company overviewInternational Paper annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.72 | −0.02 | −3.24% |
| 2024 | 2024-12-31 | 0.74 | 0.01 | +1.07% |
| 2023 | 2023-12-31 | 0.73 | 0.02 | +2.45% |
| 2022 | 2022-12-31 | 0.71 | 0.05 | +7.86% |
| 2021 | 2021-12-31 | 0.66 | −0.43 | −39.55% |
| 2020 | 2020-12-31 | 1.10 | −0.23 | −17.48% |
| 2019 | 2019-12-31 | 1.33 | −0.13 | −8.89% |
| 2018 | 2018-12-31 | 1.46 | −0.25 | −14.85% |
| 2017 | 2017-12-31 | 1.71 | −0.90 | −34.36% |
| 2016 | 2016-12-31 | 2.61 | 0.22 | +9.20% |
| 2015 | 2015-12-31 | 2.39 | 1.35 | +130.34% |
| 2014 | 2014-12-31 | 1.04 | 0.38 | +58.46% |
| 2013 | 2013-12-31 | 0.65 | −0.95 | −59.35% |
| 2012 | 2012-12-31 | 1.61 | 0.12 | +7.88% |
| 2011 | 2011-12-31 | 1.49 | 0.22 | +17.52% |
| 2010 | 2010-12-31 | 1.27 | −0.23 | −15.40% |
| 2009 | 2009-12-31 | 1.50 | −1.40 | −48.22% |
| 2008 | 2008-12-31 | 2.90 | 2.66 | +1127.41% |
| 2007 | 2007-12-31 | 0.24 | — | — |
International Paper quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.68 | 0.11 | +19.87% |
| Q1 2026 | 2026-03-31 | 0.66 | 0.09 | +15.74% |
| Q4 2025 | 2025-12-31 | 0.72 | −0.02 | −3.24% |
| Q3 2025 | 2025-09-30 | 0.61 | −0.09 | −12.81% |
| Q2 2025 | 2025-06-30 | 0.57 | −0.13 | −18.94% |
| Q1 2025 | 2025-03-31 | 0.57 | −0.16 | −22.31% |
| Q4 2024 | 2024-12-31 | 0.74 | 0.01 | +1.07% |
| Q3 2024 | 2024-09-30 | 0.70 | 0.01 | +0.95% |
| Q2 2024 | 2024-06-30 | 0.70 | −0.04 | −5.44% |
| Q1 2024 | 2024-03-31 | 0.73 | −0.01 | −1.22% |
| Q4 2023 | 2023-12-31 | 0.73 | 0.02 | +2.45% |
| Q3 2023 | 2023-09-30 | 0.69 | 0.08 | +13.76% |
| Q2 2023 | 2023-06-30 | 0.74 | 0.08 | +12.42% |
| Q1 2023 | 2023-03-31 | 0.74 | 0.06 | +8.57% |
| Q4 2022 | 2022-12-31 | 0.71 | 0.05 | +7.86% |
| Q3 2022 | 2022-09-30 | 0.61 | −0.32 | −34.07% |
| Q2 2022 | 2022-06-30 | 0.66 | −0.25 | −27.27% |
| Q1 2022 | 2022-03-31 | 0.68 | −0.40 | −36.98% |
| Q4 2021 | 2021-12-31 | 0.66 | −0.43 | −39.55% |
| Q3 2021 | 2021-09-30 | 0.93 | −0.36 | −28.04% |
| Q2 2021 | 2021-06-30 | 0.91 | −0.50 | −35.28% |
| Q1 2021 | 2021-03-31 | 1.09 | −0.46 | −29.96% |
| Q4 2020 | 2020-12-31 | 1.10 | −0.23 | −17.48% |
| Q3 2020 | 2020-09-30 | 1.29 | −0.17 | −11.57% |
| Q2 2020 | 2020-06-30 | 1.41 | −0.08 | −5.27% |
| Q1 2020 | 2020-03-31 | 1.55 | 0.04 | +2.85% |
| Q4 2019 | 2019-12-31 | 1.33 | −0.13 | −8.89% |
| Q3 2019 | 2019-09-30 | 1.46 | −0.15 | −9.34% |
| Q2 2019 | 2019-06-30 | 1.49 | −0.20 | −11.61% |
| Q1 2019 | 2019-03-31 | 1.51 | −0.05 | −3.41% |
| Q4 2018 | 2018-12-31 | 1.46 | −0.25 | −14.85% |
| Q3 2018 | 2018-09-30 | 1.61 | −0.90 | −35.87% |
| Q2 2018 | 2018-06-30 | 1.68 | −0.78 | −31.81% |
| Q1 2018 | 2018-03-31 | 1.56 | −0.91 | −36.85% |
| Q4 2017 | 2017-12-31 | 1.71 | −0.90 | −34.36% |
| Q3 2017 | 2017-09-30 | 2.50 | −0.09 | −3.35% |
| Q2 2017 | 2017-06-30 | 2.46 | 0.13 | +5.49% |
| Q1 2017 | 2017-03-31 | 2.47 | 0.25 | +11.25% |
| Q4 2016 | 2016-12-31 | 2.61 | 0.22 | +9.20% |
| Q3 2016 | 2016-09-30 | 2.59 | 0.38 | +17.32% |
| Q2 2016 | 2016-06-30 | 2.34 | 0.31 | +15.43% |
| Q1 2016 | 2016-03-31 | 2.22 | 0.35 | +18.52% |
| Q4 2015 | 2015-12-31 | 2.39 | 1.35 | +130.34% |
| Q3 2015 | 2015-09-30 | 2.21 | 0.78 | +55.11% |
| Q2 2015 | 2015-06-30 | 2.02 | 0.71 | +53.76% |
| Q1 2015 | 2015-03-31 | 1.87 | 0.63 | +50.91% |
| Q4 2014 | 2014-12-31 | 1.04 | 0.38 | +58.46% |
| Q3 2014 | 2014-09-30 | 1.42 | 0.08 | +6.26% |
| Q2 2014 | 2014-06-30 | 1.32 | −0.19 | −12.81% |
| Q1 2014 | 2014-03-31 | 1.24 | −0.26 | −17.52% |
| Q4 2013 | 2013-12-31 | 0.65 | −0.95 | −59.35% |
| Q3 2013 | 2013-09-30 | 1.34 | −0.16 | −10.64% |
| Q2 2013 | 2013-06-30 | 1.51 | −0.18 | −10.83% |
| Q1 2013 | 2013-03-31 | 1.50 | −0.14 | −8.40% |
| Q4 2012 | 2012-12-31 | 1.61 | 0.12 | +7.88% |
| Q3 2012 | 2012-09-30 | 1.50 | 0.36 | +32.07% |
| Q2 2012 | 2012-06-30 | 1.69 | 0.59 | +53.47% |
| Q1 2012 | 2012-03-31 | 1.64 | 0.48 | +41.48% |
| Q4 2011 | 2011-12-31 | 1.49 | 0.22 | +17.52% |
| Q3 2011 | 2011-09-30 | 1.13 | −0.23 | −16.67% |
| Q2 2011 | 2011-06-30 | 1.10 | −0.46 | −29.44% |
| Q1 2011 | 2011-03-31 | 1.16 | −0.38 | −24.54% |
| Q4 2010 | 2010-12-31 | 1.27 | −0.23 | −15.40% |
| Q3 2010 | 2010-09-30 | 1.36 | −0.28 | −16.91% |
| Q2 2010 | 2010-06-30 | 1.56 | −0.61 | −28.11% |
| Q1 2010 | 2010-03-31 | 1.54 | — | — |
| Q4 2009 | 2009-12-31 | 1.50 | −1.40 | −48.22% |
| Q3 2009 | 2009-09-30 | 1.64 | — | — |
| Q2 2009 | 2009-06-30 | 2.17 | — | — |
| Q4 2008 | 2008-12-31 | 2.90 | — | — |
International Paper debt-to-equity ratio trends
Over the last five fiscal years, International Paper's debt-to-equity ratio decreased from 1.10 to 0.72, a change of −0.38. The latest reported quarter, Q2 2026, shows 0.68.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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