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International Paper vs Rio Tinto: revenue, profit, margins and growth compared

International Paper brought in $23.6B of revenue in fiscal 2025, Rio Tinto $57.6B in fiscal 2025. Revenue changed by +49.3% at International Paper and +6.3% at Rio Tinto on the year before, so International Paper grew faster. International Paper kept -14.9% of its revenue as net profit, Rio Tinto 17.3%.

Side by side, latest fiscal year

IPRIO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$23.6B$57.6B
Revenue growth+49.3%+6.3%
Net income-$3.5B$10B
Net margin-14.9%17.3%
Free cash flow-$159Mn/a
Free cash flow margin-0.7%n/a
Earnings per share (diluted)-$6.95$6.08
Cash$1.1B$8.9B
Debt$9.8B$21.9B
Price to earningsn/an/a
Market value$18B$118.7B
Dividend yield5.44%n/a
Rank by revenue in sector#5 of 99 · Basic materials#1 of 99 · Basic materials

Over the years

Revenue
IP FY2018: $23.3BIP FY2019: $18.3BIP FY2020: $17.6BIP FY2021: $19.4BIP FY2022: $21.2BIP FY2023: $16BIP FY2024: $15.8BIP FY2025: $23.6BRIO FY2018: $40.6BRIO FY2019: $43.2BRIO FY2020: $44.6BRIO FY2021: $64.1BRIO FY2022: $56.1BRIO FY2023: $54BRIO FY2024: $54.2BRIO FY2025: $57.6BFY18FY19FY20FY21FY22FY23FY24FY25
IP $23.6BRIO $57.6B
Net income
IP FY2018: $2BIP FY2019: $1.2BIP FY2020: $482MIP FY2021: $1.8BIP FY2022: $1.5BIP FY2023: $288MIP FY2024: $557MIP FY2025: -$3.5BRIO FY2018: $13.6BRIO FY2019: $8BRIO FY2020: $9.8BRIO FY2021: $21.1BRIO FY2022: $12.4BRIO FY2023: $10.1BRIO FY2024: $11.6BRIO FY2025: $10BFY18FY19FY20FY21FY22FY23FY24FY25
IP -$3.5BRIO $10B
Net margin
IP FY2018: 8.6%IP FY2019: 6.7%IP FY2020: 2.7%IP FY2021: 9.0%IP FY2022: 7.1%IP FY2023: 1.8%IP FY2024: 3.5%IP FY2025: -14.9%RIO FY2018: 33.6%RIO FY2019: 18.6%RIO FY2020: 21.9%RIO FY2021: 32.9%RIO FY2022: 22.1%RIO FY2023: 18.6%RIO FY2024: 21.3%RIO FY2025: 17.3%FY18FY19FY20FY21FY22FY23FY24FY25
IP -14.9%RIO 17.3%
Revenue growth
IP FY2019: -21.4%IP FY2020: -4.1%IP FY2021: +10.2%IP FY2022: +9.3%IP FY2023: -24.2%IP FY2024: -1.2%IP FY2025: +49.3%RIO FY2019: +6.3%RIO FY2020: +3.3%RIO FY2021: +43.7%RIO FY2022: -12.5%RIO FY2023: -3.6%RIO FY2024: +0.3%RIO FY2025: +6.3%FY19FY20FY21FY22FY23FY24FY25
IP +49.3%RIO +6.3%
Free cash flow
IP FY2018: $1.7BIP FY2019: $2.5BIP FY2020: $2.4BIP FY2021: $1.6BIP FY2022: $1.2BIP FY2023: $692MIP FY2024: $757MIP FY2025: -$159MFY18FY19FY20FY21FY22FY23FY24FY25
IP -$159MRIO

Fiscal years as each company reports them; the two may end in different months.

Questions about International Paper and Rio Tinto

Which is bigger by revenue, International Paper or Rio Tinto?

Rio Tinto is bigger by revenue: $57.6B in fiscal 2025, against $23.6B for International Paper in fiscal 2025.

Which keeps more of its revenue as profit, International Paper or Rio Tinto?

International Paper had a net margin of -14.9% in fiscal 2025; Rio Tinto had 17.3% in fiscal 2025.

Which grew revenue faster, International Paper or Rio Tinto?

In their latest fiscal years revenue changed by +49.3% at International Paper and +6.3% at Rio Tinto.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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