International Paper (IP) — Financial Flexibility Index
International Paper (IP) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $1.13 Billion (operating CF $611.00 Million minus capex $517.00 Million) represents 0% of total liabilities ($21.63 Billion). Check International Paper strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
International Paper Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for International Paper across 37 annual periods. See IP working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for International Paper (1989–2025)
Year-by-year free cash flow to debt coverage for International Paper. For the full company profile including market capitalisation, see International Paper (IP) total market value.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | $3.56 Billion | $1.70 Billion | $23.14 Billion | ▼ -13.5% |
| 2024 | 0.18x | $2.60 Billion | $1.68 Billion | $14.63 Billion | ▼ -10.9% |
| 2023 | 0.20x | $2.97 Billion | $1.83 Billion | $14.91 Billion | ▼ -0.8% |
| 2022 | 0.20x | $3.10 Billion | $2.17 Billion | $15.44 Billion | ▲ +26.0% |
| 2021 | 0.16x | $2.58 Billion | $2.03 Billion | $16.16 Billion | ▼ -0.2% |
| 2020 | 0.16x | $3.81 Billion | $3.06 Billion | $23.85 Billion | ▼ -15.7% |
| 2019 | 0.19x | $4.89 Billion | $3.61 Billion | $25.75 Billion | ▲ +3.6% |
| 2018 | 0.18x | $4.80 Billion | $3.23 Billion | $26.19 Billion | ▲ +59.2% |
| 2017 | 0.12x | $3.15 Billion | $1.76 Billion | $27.36 Billion | ▼ -12.8% |
| 2016 | 0.13x | $3.83 Billion | $2.48 Billion | $28.99 Billion | ▼ -13.4% |
| 2015 | 0.15x | $4.07 Billion | $2.58 Billion | $26.68 Billion | ▼ -19.6% |
| 2014 | 0.19x | $4.44 Billion | $3.08 Billion | $23.42 Billion | ▲ +4.3% |
| 2013 | 0.18x | $4.23 Billion | $3.03 Billion | $23.24 Billion | ▲ +6.6% |
| 2012 | 0.17x | $4.35 Billion | $2.97 Billion | $25.52 Billion | ▼ -10.9% |
| 2011 | 0.19x | $3.83 Billion | $2.67 Billion | $20.03 Billion | ▲ +45.4% |
| 2010 | 0.13x | $2.41 Billion | $1.63 Billion | $18.28 Billion | ▼ -51.1% |
| 2009 | 0.27x | $5.19 Billion | $4.66 Billion | $19.29 Billion | ▲ +64.9% |
| 2008 | 0.16x | $3.67 Billion | $2.67 Billion | $22.51 Billion | ▼ -21.6% |
| 2007 | 0.21x | $3.17 Billion | $1.89 Billion | $15.26 Billion | ▲ +47.8% |
| 2006 | 0.14x | $2.23 Billion | $1.22 Billion | $15.86 Billion | ▲ +6.7% |
| 2005 | 0.13x | $2.67 Billion | $1.51 Billion | $20.21 Billion | ▼ -11.8% |
| 2004 | 0.15x | $3.65 Billion | $2.39 Billion | $24.41 Billion | ▲ +27.5% |
| 2003 | 0.12x | $2.99 Billion | $1.82 Billion | $25.49 Billion | ▼ -5.7% |
| 2002 | 0.12x | $3.10 Billion | $2.09 Billion | $24.97 Billion | ▲ +15.1% |
| 2001 | 0.11x | $2.76 Billion | $1.71 Billion | $25.59 Billion | ▼ -18.0% |
| 2000 | 0.13x | $3.78 Billion | $2.43 Billion | $28.72 Billion | ▼ -15.6% |
| 1999 | 0.16x | $2.87 Billion | $1.73 Billion | $18.38 Billion | ▼ -9.1% |
| 1998 | 0.17x | $2.72 Billion | $1.67 Billion | $15.85 Billion | ▲ +19.6% |
| 1997 | 0.14x | $2.35 Billion | $1.24 Billion | $16.40 Billion | ▼ -22.0% |
| 1996 | 0.18x | $3.13 Billion | $1.74 Billion | $17.04 Billion | ▼ -30.6% |
| 1995 | 0.26x | $3.77 Billion | $2.25 Billion | $14.21 Billion | ▲ +12.1% |
| 1994 | 0.24x | $2.39 Billion | $1.27 Billion | $10.11 Billion | ▲ +14.7% |
| 1993 | 0.21x | $1.90 Billion | $929.00 Million | $9.22 Billion | ▼ -28.6% |
| 1992 | 0.29x | $2.61 Billion | $1.08 Billion | $9.04 Billion | ▼ -5.5% |
| 1991 | 0.31x | $2.48 Billion | $1.15 Billion | $8.12 Billion | ▼ -19.3% |
| 1990 | 0.38x | $2.79 Billion | $1.39 Billion | $7.39 Billion | ▼ -16.8% |
| 1989 | 0.45x | $2.76 Billion | $1.42 Billion | $6.07 Billion | — |