IP vs. AMCR

Last updated Apr 1, 2026

Compare and contrast key facts about International Paper Company (IP) and Amcor plc (AMCR).

Performance

IP vs. AMCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in International Paper Company (IP) and Amcor plc (AMCR). The values are adjusted to include any dividend payments, if applicable.

IP vs. AMCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IP International Paper Company	-8.46%	-23.83%	55.31%	10.20%	-23.05%	3.48%	13.83%	7.28%
AMCR Amcor plc	-3.43%	-6.17%	2.61%	-14.97%	3.20%	6.16%	13.41%	-0.71%

Fundamentals

Market Cap IP : $18.85B AMCR : $18.40B
EPS IP : -$6.64 AMCR : $1.62
PS Ratio IP : 0.76 AMCR : 0.74
PB Ratio IP : 1.27 AMCR : 0.50
Total Revenue (TTM) IP : $24.90B AMCR : $19.61B
Gross Profit (TTM) IP : $7.35B AMCR : $3.71B
EBITDA (TTM) IP : -$136.00M AMCR : $932.86M

Returns By Period

In the year-to-date period, IP achieves a -8.46% return, which is significantly lower than AMCR's -3.43% return.

IP

• 1D: 2.00%
• 1M: -18.03%
• YTD: -8.46%
• 6M: -21.33%
• 1Y: -30.25%
• 3Y*: 4.24%
• 5Y*: -2.94%
• 10Y*: 3.50%

AMCR

• 1D: 4.30%
• 1M: -17.92%
• YTD: -3.43%
• 6M: -0.03%
• 1Y: -13.18%
• 3Y*: -6.46%
• 5Y*: -2.85%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

IP vs. AMCR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IP

IP Risk / Return Rank: 12
IP Sharpe Ratio Rank: 11
IP Sortino Ratio Rank: 14
IP Omega Ratio Rank: 13
IP Calmar Ratio Rank: 13
IP Martin Ratio Rank: 10

AMCR

AMCR Risk / Return Rank: 22
AMCR Sharpe Ratio Rank: 22
AMCR Sortino Ratio Rank: 21
AMCR Omega Ratio Rank: 21
AMCR Calmar Ratio Rank: 25
AMCR Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IP vs. AMCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for International Paper Company (IP) and Amcor plc (AMCR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IP	AMCR	Difference
Sharpe ratio Return per unit of total volatility	-0.73	-0.45	-0.28
Sortino ratio Return per unit of downside risk	-0.86	-0.44	-0.42
Omega ratio Gain probability vs. loss probability	0.88	0.94	-0.06
Calmar ratio Return relative to maximum drawdown	-0.80	-0.53	-0.27
Martin ratio Return relative to average drawdown	-1.50	-1.08	-0.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IP vs. AMCR - Sharpe Ratio Comparison

The current IP Sharpe Ratio is -0.73, which is lower than the AMCR Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of IP and AMCR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IP	AMCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.73	-0.45	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	-0.12	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	-0.01	+0.21

Correlation

The correlation between IP and AMCR is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IP vs. AMCR - Dividend Comparison

IP's dividend yield for the trailing twelve months is around 5.18%, less than AMCR's 6.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IP International Paper Company	5.18%	4.70%	3.44%	5.12%	5.34%	4.08%	4.12%	4.37%	4.77%	3.21%	3.36%	4.35%
AMCR Amcor plc	6.48%	6.15%	5.34%	5.11%	4.05%	3.93%	3.93%	2.17%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IP vs. AMCR - Drawdown Comparison

The maximum IP drawdown since its inception was -90.62%, which is greater than AMCR's maximum drawdown of -47.21%. Use the drawdown chart below to compare losses from any high point for IP and AMCR.

Drawdown Indicators

	IP	AMCR	Difference
Max Drawdown Largest peak-to-trough decline	-90.62%	-47.21%	-43.41%
Max Drawdown (1Y) Largest decline over 1 year	-37.40%	-23.67%	-13.73%
Max Drawdown (5Y) Largest decline over 5 years	-48.00%	-33.73%	-14.27%
Max Drawdown (10Y) Largest decline over 10 years	-55.27%	—	—
Current Drawdown Current decline from peak	-37.55%	-28.76%	-8.79%
Average Drawdown Average peak-to-trough decline	-20.82%	-14.13%	-6.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.01%	11.74%	+8.27%

Volatility

IP vs. AMCR - Volatility Comparison

International Paper Company (IP) has a higher volatility of 14.64% compared to Amcor plc (AMCR) at 11.28%. This indicates that IP's price experiences larger fluctuations and is considered to be riskier than AMCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IP	AMCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.64%	11.28%	+3.36%
Volatility (6M) Calculated over the trailing 6-month period	30.71%	21.11%	+9.60%
Volatility (1Y) Calculated over the trailing 1-year period	41.64%	29.33%	+12.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.37%	24.21%	+7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.63%	28.93%	+2.70%

Financials

IP vs. AMCR - Profitability Comparison

The chart below illustrates the profitability comparison between International Paper Company and Amcor plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, International Paper Company reported a gross profit of 1.88B and revenue of 6.01B. Therefore, the gross margin over that period was 31.4%.

AMCR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Amcor plc reported a gross profit of 1.04B and revenue of 5.45B. Therefore, the gross margin over that period was 19.1%.

IP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, International Paper Company reported an operating income of -2.57B and revenue of 6.01B, resulting in an operating margin of -42.7%.

AMCR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Amcor plc reported an operating income of 331.00M and revenue of 5.45B, resulting in an operating margin of 6.1%.

IP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, International Paper Company reported a net income of -2.38B and revenue of 6.01B, resulting in a net margin of -39.7%.

AMCR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Amcor plc reported a net income of 174.23M and revenue of 5.45B, resulting in a net margin of 3.2%.