IP International Paper

FY2025 10-K
Filed: Feb 27, 2026
Materials
Paper MillsSEC EDGAR

International Paper (IP) filed its fiscal year 2025 10-K annual report with the SEC on Feb 27, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Pure-play sustainable fiber-based packaging company; two segments: Packaging Solutions North America and Packaging Solutions EMEA
  • DS Smith acquisition completed 2025; divestiture of Global Cellulose Fibers business for $1.5B to American Industrial Partners
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Management Discussion & Analysis

  • Revenue not explicitly stated as single YoY figure in provided text; DS Smith acquisition completed, adding EMEA segment as new business unit
  • Indebtedness ~$9.8B as of Dec 31, 2025; variable rate debt ~$2.1B; potential deferred tax acceleration of $487M if letter-of-credit banks downgraded
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Risk Factors

  • Outstanding debt ~$9.8B; credit downgrade would trigger interest rate increases on ~$4.0B of debt and may eliminate commercial paper market access
  • US Supreme Court struck down IEEPA-based tariffs Feb 20, 2026; new Executive Orders restructuring tariff authority create unresolved supply chain and capital cost uncertainty
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Financial Summary
XBRL

Revenue

$23.6B

Net Income

-$3.5B

Net Margin

-14.9%

ROE

-23.7%

Total Assets

$38.0B

EPS (Diluted)

$-6.95

Operating Cash Flow

$1.7B

Source: XBRL data from International Paper FY2025 10-K filing on SEC EDGAR. All figures in USD.

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