Discounted Cash Flow

International Paper Co. /New/

IP · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 59/100 (moderate) — FCF YoY std dev 52%, net income 75% (full history)

DCF estimate unavailable — loss_in_2025

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $22.6b $1.1b $1.3b 4.6% $2.09
2017 $25.3b (11.5%) $2.5b (137.2%) $2.0b (55.5%) 9.9% (112.6%) $4.84 (131.2%)
2018 $27.1b (7.2%) $2.3b (-6.2%) $3.7b (83.6%) 8.6% (-12.5%) $3.85 (-20.4%)
2019 $21.3b (-21.4%) $1.4b (-39.1%) $4.2b (11.9%) 6.7% (-22.5%) $2.94 (-23.8%)
2020 $20.4b (-4.1%) $559.9m (-60.7%) $3.6b (-15.2%) 2.7% (-59.0%) $1.16 (-60.3%)
2021 $22.5b (10.2%) $2.0b (263.5%) $2.4b (-33.7%) 9.0% (229.7%) $2.88 (147.3%)
2022 $24.6b (9.3%) $1.7b (-14.2%) $1.4b (-38.8%) 7.1% (-21.4%) $4.79 (66.3%)
2023 $22.0b (-10.6%) $334.5m (-80.9%) $803.8m (-44.3%) 1.5% (-78.6%) $0.87 (-81.8%)
2024 $21.6b (-1.6%) $647.0m (93.4%) $879.3m (9.4%) 3.0% (96.5%) $1.60 (83.9%)
2025 $27.5b (26.9%) $-4.1b (-731.2%) $-184.7m (-121.0%) -14.9% (-597.3%) $-5.61 (-450.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in EUR. Values above are converted to USD for comparison with the US-listed share price.

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2025

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.