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INTERNATIONAL PAPER CO NEW (IP)

For the quarter ending 2024-09-30, IP made $4,686M in revenue. $150M in net income. Net profit margin of 3.20%.

Overview

Revenue
$4,686M
Net Income
$150M
Net Profit Margin
3.20%
EPS
$0.42
Unit: Million (M) dollars
Revenue Breakdown
    • North american industrial packag...
    • Global cellulose fibers
    • Emea industrial packaging
    • Corporate & intersegment sales
Revenue Breakdown
    • Industrial packaging
    • Global cellulose fibers
    • Corporate and intersegment sales
Revenue Breakdown
    • United states
    • Europe, middle east & africa ('e...
    • Americas, other than u.s
    • Pacific rim and asia

Unit: Million (M) dollars (except for numbers of shares and EPS)
2024-09-30
2024-06-30
2024-03-31
2023-09-30
Net sales4,686 4,734 4,619 4,613
Restructuring and other charges, net56 - 3 -
Non-operating pension expense (income)-12 -10 -12 13
Interest expense, net-51 -55 -46 -58
Depreciation and amortization267 261 278 258
Cost of products sold3,342 3,360 3,424 3,345
Distribution expenses357 379 391 382
Selling and administrative expenses508 453 358 286
Taxes other than payroll and income taxes37 35 41 39
Net (gains) losses on sales of fixed assets- 5 -5 -
Earnings (loss) from continuing operations before income taxes and equity earnings80 206 85 232
Equity earnings (loss), net of taxes-1 -1 -2 -1
Income tax provision (benefit)-71 -293 27 39
Earnings (loss) from continuing operations150 498 56 192
Discontinued operations, net of taxes- - - -27
Net earnings (loss)150 498 56 165
Basic eps0.43 1.43 0.16 0.47
Diluted eps0.42 1.41 0.16 0.47
Basic average shares347,400,000 347,300,000 346,700,000 346,000,000
Diluted average shares353,400,000 352,800,000 348,500,000 348,100,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Non-operating pension expense(income)-$12M (-192.31%↓ Y/Y)Net sales$4,686M (1.58%↑ Y/Y)Earnings (loss) fromcontinuing operations...$80M (-65.52%↓ Y/Y)Income tax provision(benefit)-$71M (-282.05%↓ Y/Y)Distribution expenses$357M (-6.54%↓ Y/Y)Cost of products sold$3,342M (-0.09%↓ Y/Y)Depreciation andamortization$267M (3.49%↑ Y/Y)Interest expense, net-$51M (12.07%↑ Y/Y)Restructuring and othercharges, net$56M Selling andadministrative expenses$508M (77.62%↑ Y/Y)Taxes other thanpayroll and income taxes$37M (-5.13%↓ Y/Y)Earnings (loss) fromcontinuing operations$150M (-21.88%↓ Y/Y)Equity earnings(loss), net of taxes-$1M (0.00%↑ Y/Y)Net earnings (loss)$150M (-9.09%↓ Y/Y)