IP vs KMB
International Paper Co. and Kimberly Clark Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | IP | KMB |
|---|---|---|
| Revenue | $23.6B | $16.4B |
| Net income | $-3.5B | $2.0B |
| Gross margin | 29.6% | 36.0% |
| Net margin | −14.9% | 12.5% |
| Return on equity | −30.6% | 172.6% |
| Diluted EPS | −$6.95 | $6.07 |
| Dividend / share | $1.85 | $5.04 |
| Payout ratio | −27.8% | 82.1% |
| Free cash flow | $-159.0M | $1.6B |
| Equity | $14.8B | $1.5B |
| Net debt / equity | 0.59× | 4.31× |
| Current ratio | 1.28× | 0.75× |
| Revenue CAGR 5y | 6.1% | −3.0% |
| Profit CAGR 5y | · | −3.0% |
IP bills 1.4× the revenue of KMB, and IP closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | IP | KMB |
|---|---|---|
| FY2025 | $23.6B | $16.4B |
| FY2024 | $15.8B | $16.8B |
| FY2023 | $16.0B | $17.1B |
| FY2022 | $21.2B | $20.2B |
| FY2021 | $19.4B | $19.4B |
| FY2020 | $17.6B | $19.1B |
| FY2019 | $18.3B | $18.4B |
| FY2018 | $23.3B | $18.5B |
| FY2017 | $21.7B | $18.3B |
| FY2016 | $19.5B | $18.3B |
Bottom line
| Fiscal year | IP | KMB |
|---|---|---|
| FY2025 | $-3.5B | $2.0B |
| FY2024 | $557.0M | $2.5B |
| FY2023 | $288.0M | $1.8B |
| FY2022 | $1.5B | $1.9B |
| FY2021 | $1.8B | $1.8B |
| FY2020 | $482.0M | $2.4B |
| FY2019 | $1.2B | $2.2B |
| FY2018 | $2.0B | $1.4B |
| FY2017 | $2.1B | $2.3B |
| FY2016 | $904.0M | $2.2B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$7,187,000,000 | IP |
| FY2024 | −$970,000,000 | KMB |
| FY2023 | −$1,113,000,000 | KMB |
| FY2022 | +$986,000,000 | IP |
| FY2021 | −$77,000,000 | KMB |
| FY2020 | −$1,575,000,000 | KMB |
| FY2019 | −$133,000,000 | KMB |
| FY2018 | +$4,820,000,000 | IP |
| FY2017 | +$3,395,000,000 | IP |
| FY2016 | +$1,208,000,000 | IP |
| FY2015 | +$2,084,000,000 | IP |
| FY2014 | +$3,893,000,000 | IP |
| FY2013 | +$3,922,000,000 | IP |
| FY2012 | +$2,385,000,000 | IP |
| FY2011 | +$5,188,000,000 | IP |
| FY2010 | +$5,433,000,000 | IP |
| FY2009 | +$4,251,000,000 | IP |
| FY2008 | +$5,414,000,000 | IP |
| FY2007 | +$3,624,000,000 | IP |
The higher-revenue side has changed between IP and KMB over this period. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −27.3 pp | KMB |
| FY2024 | −11.8 pp | KMB |
| FY2023 | −8.5 pp | KMB |
| FY2022 | −2.6 pp | KMB |
| FY2021 | −0.4 pp | KMB |
| FY2020 | −9.8 pp | KMB |
| FY2019 | −5.2 pp | KMB |
| FY2018 | +0.8 pp | IP |
| FY2017 | −2.8 pp | KMB |
| FY2016 | −7.5 pp | KMB |
| FY2015 | −1.3 pp | KMB |
| FY2014 | −5.8 pp | KMB |
| FY2013 | −5.5 pp | KMB |
| FY2012 | −5.7 pp | KMB |
| FY2011 | −2.9 pp | KMB |
| FY2010 | −7.0 pp | KMB |
| FY2009 | −7.5 pp | KMB |
| FY2008 | −14.6 pp | KMB |
| FY2007 | −5.2 pp | KMB |
The higher net margin has changed hands between IP and KMB over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IP's net margin has been more volatile than KMB's over the 19 comparable fiscal years — 5.4 percentage points of standard deviation against 2.1.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between IP and KMB over these 19 fiscal years — IP led in 1 and KMB in 18.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KMB's return on equity has been more volatile than IP's over the 12 comparable fiscal years — 124.8 percentage points of standard deviation against 15.3.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
KMB led in return on equity in every one of the 12 comparable fiscal years — a structural lead, not a recent swing.
12 of 19 comparable fiscal years — a year missing data on either side is not counted.