International Paper (IP)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 288,000 | 254,000 | 1,040,000 | 1,316,000 | 1,504,000 | 1,929,000 | 1,842,000 | 1,763,000 | 1,752,000 | 1,798,000 | 1,138,000 | 972,000 | 482,000 | 494,000 | 634,000 | 660,000 | 1,225,000 | 1,376,000 | 1,594,000 | 1,707,000 |
| Total stockholders’ equity | US$ in thousands | 8,355,000 | 8,882,000 | 8,404,000 | 8,389,000 | 8,497,000 | 9,488,000 | 9,043,000 | 8,887,000 | 9,082,000 | 9,622,000 | 8,352,000 | 7,758,000 | 7,854,000 | 7,093,000 | 7,057,000 | 6,857,000 | 7,713,000 | 7,441,000 | 7,482,000 | 7,446,000 |
| ROE | 3.45% | 2.86% | 12.38% | 15.69% | 17.70% | 20.33% | 20.37% | 19.84% | 19.29% | 18.69% | 13.63% | 12.53% | 6.14% | 6.96% | 8.98% | 9.63% | 15.88% | 18.49% | 21.30% | 22.93% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $288,000K ÷ $8,355,000K
= 3.45%
International Paper Co.'s return on equity (ROE) has shown some fluctuations in the past eight quarters. In Q4 2023, the ROE was 3.45%, which was lower compared to the previous quarter's 2.86%. This suggests a decrease in the company's ability to generate profits from shareholders' equity.
The ROE significantly improved in Q2 2023, reaching 12.38%, and further increased to 15.69% in Q1 2023. This indicates that the company was more efficient in utilizing shareholders' equity to generate profits during those periods.
However, looking at the trend, there has been a decline in ROE since Q1 2023. The ROE was notably higher in Q4 2022 at 17.70%, followed by 20.33% in Q3 2022 and 20.37% in Q2 2022. This suggests a possible decrease in profitability and efficiency in utilizing equity in recent quarters.
Overall, International Paper Co.'s ROE has shown some variability over the past eight quarters, indicating fluctuations in the company's profitability and effectiveness in generating returns for shareholders. It would be essential for stakeholders to monitor these trends closely to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2023