International Paper Capital Reinvestment Ratio
International Paper capital reinvestment ratio. International Paper (IP) has a Capital Reinvestment Ratio of 1.01x as of June 2026, meaning it reinvests 1% of its operating cash flow ($526.00 Million) in capital expenditures ($533.00 Million). See how much free cash does International Paper generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of International Paper (1989–2025)
Capital reinvestment ratio of International Paper from 1989 to 2025. This chart tracks International Paper's Capital Reinvestment Ratio across 37 annual periods. See how financially flexible is International Paper to measure the company's free cash flow as a share of total liabilities.
International Paper Capital Reinvestment Ratio by Year (1989–2025)
International Paper capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see IP operating cash flow.
| 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 | — |