---
schema_version: "secwatch.filing_event.v1"
accession: "0000051434-23-000003"
form_type: "8-K"
ticker: "IP"
cik: "0000051434"
company_name: "INTERNATIONAL PAPER CO /NEW/"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:53:40.942529+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IP posts Q4 net loss $318M on $533M Ilim impairment; adjusted EPS $0.87, up 43% YoY

## Summary
- Full-year 2022 revenue $21.16B (+9% YoY); adjusted operating earnings $1.17B (+24%).
- Q4 adjusted operating earnings $309M ($0.87/diluted share) vs $235M ($0.61) in Q4 2021.
- Q4 net loss ($318M) includes $533M non-cash Ilim impairment; agreement to sell Ilim stake announced.
- Industrial Packaging op profit $416M in Q4, up from $369M Q3; Global Cellulose Fibers $35M, down from $95M.
- Returned $1.93B to shareholders in 2022 via buybacks ($1.26B) and dividends ($673M).

## SEC filing metadata
- accession: 0000051434-23-000003
- form_type: 8-K
- ticker: IP
- cik: 0000051434
- company_name: INTERNATIONAL PAPER CO /NEW/
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000005143423000003/0000051434-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000005143423000003/ip-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051434-23-000003
- JSON: https://secwatch.observer/filing/0000051434-23-000003.json
- Plain text: https://secwatch.observer/filing/0000051434-23-000003.txt

## Key facts
- Earnings Releases
  INTERNATIONAL PAPER CO /NEW/ reported Full-Year 2022 results: net income $1.5 billion, EPS $4.10 per diluted share.
  - Period: Full-Year 2022
  - Net income: $1.5 billion
  - EPS: $4.10 per diluted share
  - Result: reported results
  source text: Full-year 2022 net earnings (loss) attributable to International Paper of $1.5 billion ($4.10 per diluted share)
  evidence_url: https://www.sec.gov/Archives/edgar/data/51434/000005143423000003/0000051434-23-000003-index.htm
- Earnings Releases
  INTERNATIONAL PAPER CO /NEW/ reported fourth quarter 2022 results: net income $(318) million, EPS $(0.90) per diluted share.
  - Period: fourth quarter 2022
  - Net income: $(318) million
  - EPS: $(0.90) per diluted share
  - Result: reported results
  source text: Fourth quarter net earnings (loss) attributable to International Paper of $(318) million ($(0.90) per diluted share)
  evidence_url: https://www.sec.gov/Archives/edgar/data/51434/000005143423000003/0000051434-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.