International Paper (IP)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 288,000 | 1,504,000 | 1,752,000 | 482,000 | 1,225,000 |
| Revenue | US$ in thousands | 18,685,000 | 42,080,000 | 39,054,000 | 40,947,000 | 44,282,000 |
| Net profit margin | 1.54% | 3.57% | 4.49% | 1.18% | 2.77% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $288,000K ÷ $18,685,000K
= 1.54%
International Paper Co.'s net profit margin has shown fluctuating trends over the past five years. In 2023, the net profit margin decreased to 1.52% from 7.11% in 2022, indicating a significant decline in profitability. This decline may raise concerns regarding the company's efficiency in managing costs and generating profits.
Comparing the net profit margin to previous years, the company's performance in 2023 is notably lower than the 9.05% reported in 2021 and the 5.47% reported in 2019. The significant decrease in net profit margin from 2022 to 2023 suggests challenges that International Paper Co. may be facing in terms of controlling expenses or increasing revenues.
Further analysis would be required to understand the specific factors driving the fluctuations in net profit margin over the years and to identify potential strategies for improvement.
Peer comparison
Dec 31, 2023