Amcor vs International Paper
International Paper reported revenue of $23.6 billion in fiscal 2025, about the same as Amcor's $23.5 billion in fiscal 2026. Amcor's revenue grew 56.6% in its latest year, and International Paper's grew 49.2%. Free cash flow was $1.2 billion at Amcor and −$159 million at International Paper. Their fiscal years end in different months (June 30 and December 31), so the periods don't line up exactly.
Side by side
| Amcor | International Paper | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $23.5B | $23.6B |
| Revenue growth | 56.6% | 49.2% |
| Revenue growth a year, last 5 years | 12.8% | 6.1% |
| Gross margin | 19.9% | 29.6% |
| Operating margin | 8.1% | — |
| Net margin | 4.7% | −14.9% |
| Free cash flow | $1.2B | −$159M |
| Free cash flow margin | 5.2% | −0.7% |
| Return on capital | 6.6% | −12.3% |
| Net debt to EBITDA | 3.8x | — |
| Dividends and buybacks | $1.2B | $1.0B |
| Change in diluted share count | 45.6% | 42.8% |
| Last close | $46.19 | $33.40 |
| P/E at the last close | 19.4× | — |
| Insider trades, last 12 months | bought $2.8 million, sold $142,073 | bought $4.3 million, sold $1.8 million |
| Piotroski F-score | 6 of 9 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AmcorInternational Paper
Operating margin
Percent of revenue
AmcorInternational Paper
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AmcorInternational Paper
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Amcor and International Paper pages.