International Paper annual net debt
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2025
International Paper Net Debt Growth & History (IPC)
International Paper's net debt was $9.46B for fiscal 2025.
View full International Paper company overviewInternational Paper annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.46B | $4.48B | +89.96% |
| 2024 | 2024-12-31 | $4.98B | −$18.0M | −0.36% |
| 2023 | 2023-12-31 | $5.00B | −$264.0M | −5.02% |
| 2022 | 2022-12-31 | $5.26B | $546.0M | +11.57% |
| 2021 | 2021-12-31 | $4.72B | −$3.29B | −41.08% |
| 2020 | 2020-12-31 | $8.01B | −$1.72B | −17.67% |
| 2019 | 2019-12-31 | $9.73B | −$409.0M | −4.04% |
| 2018 | 2018-12-31 | $10.13B | −$4.0M | −0.04% |
| 2017 | 2017-12-31 | $10.14B | −$142.0M | −1.38% |
| 2016 | 2016-12-31 | $10.28B | $2.06B | +25.07% |
| 2015 | 2015-12-31 | $8.22B | $4.80B | +140.42% |
| 2014 | 2014-12-31 | $3.42B | −$79.0M | −2.26% |
| 2013 | 2013-12-31 | $3.50B | −$5.34B | −60.42% |
| 2012 | 2012-12-31 | $8.84B | $2.92B | +49.44% |
| 2011 | 2011-12-31 | $5.91B | −$684.0M | −10.37% |
| 2010 | 2010-12-31 | $6.60B | −$543.0M | −7.60% |
| 2009 | 2009-12-31 | $7.14B | −$3.79B | −34.67% |
| 2008 | 2008-12-31 | $10.93B | $9.73B | +814.64% |
| 2007 | 2007-12-31 | $1.20B | — | — |
International Paper quarterly net debt
Q4.08
Q2.09
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Q2.23
Q3.23
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Q2.24
Q3.24
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.16B | −$327.0M | −3.45% |
| Q1 2026 | 2026-03-31 | $8.53B | −$623.0M | −6.81% |
| Q4 2025 | 2025-12-31 | $9.46B | $4.48B | +89.96% |
| Q3 2025 | 2025-09-30 | $9.59B | $4.70B | +96.09% |
| Q2 2025 | 2025-06-30 | $9.49B | $4.49B | +89.70% |
| Q1 2025 | 2025-03-31 | $9.15B | $4.17B | +83.57% |
| Q4 2024 | 2024-12-31 | $4.98B | −$18.0M | −0.36% |
| Q3 2024 | 2024-09-30 | $4.89B | −$129.0M | −2.57% |
| Q2 2024 | 2024-06-30 | $5.00B | −$509.0M | −9.24% |
| Q1 2024 | 2024-03-31 | $4.99B | −$607.0M | −10.85% |
| Q4 2023 | 2023-12-31 | $5.00B | −$264.0M | −5.02% |
| Q3 2023 | 2023-09-30 | $5.02B | −$262.0M | −4.96% |
| Q2 2023 | 2023-06-30 | $5.51B | $348.0M | +6.74% |
| Q1 2023 | 2023-03-31 | $5.59B | $546.0M | +10.82% |
| Q4 2022 | 2022-12-31 | $5.26B | $546.0M | +11.57% |
| Q3 2022 | 2022-09-30 | $5.28B | −$1.51B | −22.19% |
| Q2 2022 | 2022-06-30 | $5.16B | −$1.74B | −25.17% |
| Q1 2022 | 2022-03-31 | $5.05B | −$2.58B | −33.87% |
| Q4 2021 | 2021-12-31 | $4.72B | −$3.29B | −41.08% |
| Q3 2021 | 2021-09-30 | $6.79B | −$1.66B | −19.67% |
| Q2 2021 | 2021-06-30 | $6.90B | −$2.18B | −24.04% |
| Q1 2021 | 2021-03-31 | $7.63B | −$1.75B | −18.69% |
| Q4 2020 | 2020-12-31 | $8.01B | −$1.72B | −17.67% |
| Q3 2020 | 2020-09-30 | $8.45B | −$1.68B | −16.60% |
| Q2 2020 | 2020-06-30 | $9.08B | −$1.24B | −12.05% |
| Q1 2020 | 2020-03-31 | $9.39B | −$1.19B | −11.26% |
| Q4 2019 | 2019-12-31 | $9.73B | −$409.0M | −4.04% |
| Q3 2019 | 2019-09-30 | $10.13B | −$143.0M | −1.39% |
| Q2 2019 | 2019-06-30 | $10.32B | −$102.0M | −0.98% |
| Q1 2019 | 2019-03-31 | $10.58B | $418.0M | +4.11% |
| Q4 2018 | 2018-12-31 | $10.13B | −$4.0M | −0.04% |
| Q3 2018 | 2018-09-30 | $10.27B | −$1.03B | −9.10% |
| Q2 2018 | 2018-06-30 | $10.43B | $268.0M | +2.64% |
| Q1 2018 | 2018-03-31 | $10.16B | −$143.0M | −1.39% |
| Q4 2017 | 2017-12-31 | $10.14B | −$142.0M | −1.38% |
| Q3 2017 | 2017-09-30 | $11.30B | $2.96B | +35.55% |
| Q2 2017 | 2017-06-30 | $10.16B | $2.01B | +24.71% |
| Q1 2017 | 2017-03-31 | $10.30B | $2.16B | +26.47% |
| Q4 2016 | 2016-12-31 | $10.28B | $2.06B | +25.07% |
| Q3 2016 | 2016-09-30 | $8.34B | −$158.0M | −1.86% |
| Q2 2016 | 2016-06-30 | $8.15B | −$164.0M | −1.97% |
| Q1 2016 | 2016-03-31 | $8.15B | $622.0M | +8.27% |
| Q4 2015 | 2015-12-31 | $8.22B | $4.80B | +140.42% |
| Q3 2015 | 2015-09-30 | $8.50B | $514.0M | +6.44% |
| Q2 2015 | 2015-06-30 | $8.31B | −$297.0M | −3.45% |
| Q1 2015 | 2015-03-31 | $7.52B | −$535.0M | −6.64% |
| Q4 2014 | 2014-12-31 | $3.42B | −$79.0M | −2.26% |
| Q3 2014 | 2014-09-30 | $7.98B | $245.0M | +3.17% |
| Q2 2014 | 2014-06-30 | $8.61B | −$312.0M | −3.50% |
| Q1 2014 | 2014-03-31 | $8.06B | −$1.21B | −13.03% |
| Q4 2013 | 2013-12-31 | $3.50B | −$5.34B | −60.42% |
| Q3 2013 | 2013-09-30 | $7.74B | −$1.49B | −16.13% |
| Q2 2013 | 2013-06-30 | $8.92B | −$1.15B | −11.45% |
| Q1 2013 | 2013-03-31 | $9.27B | −$1.05B | −10.14% |
| Q4 2012 | 2012-12-31 | $8.84B | $2.92B | +49.44% |
| Q3 2012 | 2012-09-30 | $9.22B | $3.55B | +62.47% |
| Q2 2012 | 2012-06-30 | $10.07B | $3.97B | +65.09% |
| Q1 2012 | 2012-03-31 | $10.31B | $3.86B | +59.85% |
| Q4 2011 | 2011-12-31 | $5.91B | −$684.0M | −10.37% |
| Q3 2011 | 2011-09-30 | $5.68B | −$1.59B | −21.91% |
| Q2 2011 | 2011-06-30 | $6.10B | −$928.0M | −13.20% |
| Q1 2011 | 2011-03-31 | $6.45B | −$755.0M | −10.48% |
| Q4 2010 | 2010-12-31 | $6.60B | −$543.0M | −7.60% |
| Q3 2010 | 2010-09-30 | $7.27B | −$330.0M | −4.34% |
| Q2 2010 | 2010-06-30 | $7.03B | −$1.85B | −20.82% |
| Q1 2010 | 2010-03-31 | $7.21B | — | — |
| Q4 2009 | 2009-12-31 | $7.14B | −$3.79B | −34.67% |
| Q3 2009 | 2009-09-30 | $7.60B | — | — |
| Q2 2009 | 2009-06-30 | $8.88B | — | — |
| Q4 2008 | 2008-12-31 | $10.93B | — | — |
International Paper net debt trends
Over the last five fiscal years, International Paper's net debt increased from $8.01B to $9.46B, a change of $1.46B. The latest reported quarter, Q2 2026, shows $9.16B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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