International Paper (IP) — Capital Reinvestment Ratio
Latest as of March 2026:
0.85x
International Paper (IP) has a Capital Reinvestment Ratio of 0.85x as of March 2026, meaning it reinvests 1% of its operating cash flow ($611.00 Million) in capital expenditures ($517.00 Million). See International Paper (IP) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.85x
Capex / Operating Cash Flow
Operating Cash Flow
$611.00 Million
USD
Capital Expenditures
$517.00 Million
USD
Data as of
Mar 2026
Most recent filing
International Paper Capital Reinvestment Ratio (1989–2025)
This chart tracks International Paper's Capital Reinvestment Ratio across 37 annual periods.
Annual Capital Reinvestment Ratio for International Paper (1989–2025)
Year-by-year Capital Reinvestment Ratio for International Paper from 1989 to 2025. For live market cap and broader valuation context, see IP market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.09x | $1.70 Billion | $1.86 Billion | ▲ +99.3% |
| 2024 | 0.55x | $1.68 Billion | $921.00 Million | ▼ -11.8% |
| 2023 | 0.62x | $1.83 Billion | $1.14 Billion | ▲ +45.4% |
| 2022 | 0.43x | $2.17 Billion | $931.00 Million | ▲ +58.3% |
| 2021 | 0.27x | $2.03 Billion | $549.00 Million | ▲ +10.3% |
| 2020 | 0.25x | $3.06 Billion | $751.00 Million | ▼ -30.6% |
| 2019 | 0.35x | $3.61 Billion | $1.28 Billion | ▼ -27.5% |
| 2018 | 0.49x | $3.23 Billion | $1.57 Billion | ▼ -38.4% |
| 2017 | 0.79x | $1.76 Billion | $1.39 Billion | ▲ +45.5% |
| 2016 | 0.54x | $2.48 Billion | $1.35 Billion | ▼ -5.6% |
| 2015 | 0.58x | $2.58 Billion | $1.49 Billion | ▲ +29.8% |
| 2014 | 0.44x | $3.08 Billion | $1.37 Billion | ▲ +12.2% |
| 2013 | 0.40x | $3.03 Billion | $1.20 Billion | ▼ -15.1% |
| 2012 | 0.47x | $2.97 Billion | $1.38 Billion | ▲ +7.6% |
| 2011 | 0.43x | $2.67 Billion | $1.16 Billion | ▼ -8.8% |
| 2010 | 0.48x | $1.63 Billion | $775.00 Million | ▲ +314.2% |
| 2009 | 0.11x | $4.66 Billion | $534.00 Million | ▼ -69.4% |
| 2008 | 0.38x | $2.67 Billion | $1.00 Billion | ▼ -45.0% |
| 2007 | 0.68x | $1.89 Billion | $1.29 Billion | ▼ -17.3% |
| 2006 | 0.83x | $1.22 Billion | $1.01 Billion | ▲ +7.9% |
| 2005 | 0.76x | $1.51 Billion | $1.16 Billion | ▲ +44.7% |
| 2004 | 0.53x | $2.39 Billion | $1.26 Billion | ▼ -17.4% |
| 2003 | 0.64x | $1.82 Billion | $1.17 Billion | ▲ +32.8% |
| 2002 | 0.48x | $2.09 Billion | $1.01 Billion | ▼ -21.3% |
| 2001 | 0.61x | $1.71 Billion | $1.05 Billion | ▲ +10.0% |
| 2000 | 0.56x | $2.43 Billion | $1.35 Billion | ▼ -15.6% |
| 1999 | 0.66x | $1.73 Billion | $1.14 Billion | ▲ +5.0% |
| 1998 | 0.63x | $1.67 Billion | $1.05 Billion | ▼ -29.8% |
| 1997 | 0.89x | $1.24 Billion | $1.11 Billion | ▲ +11.6% |
| 1996 | 0.80x | $1.74 Billion | $1.39 Billion | ▲ +18.7% |
| 1995 | 0.68x | $2.25 Billion | $1.52 Billion | ▼ -22.7% |
| 1994 | 0.87x | $1.27 Billion | $1.11 Billion | ▼ -16.4% |
| 1993 | 1.05x | $929.00 Million | $971.00 Million | ▼ -26.4% |
| 1992 | 1.42x | $1.08 Billion | $1.53 Billion | ▲ +23.2% |
| 1991 | 1.15x | $1.15 Billion | $1.33 Billion | ▲ +13.3% |
| 1990 | 1.02x | $1.39 Billion | $1.41 Billion | ▲ +8.0% |
| 1989 | 0.94x | $1.42 Billion | $1.34 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow