International Paper Stock: Is IP Underperforming the Consumer Discretionary Sector?

Memphis, Tennessee-based International Paper Company (IP) is a leading producer of fiber-based packaging, pulp, and paper products. Valued at a market cap of $24.5 billion, the company offers industrial packaging solutions, including containerboard, corrugated packaging, and specialty papers, as well as pulp for hygiene and personal care items, along with recycled and specialty fiber products.

Companies worth $10 billion or more are typically classified as “large-cap stocks,” and IP fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the packaging & containers industry. The company has established a strong reputation for innovation and sustainability, both in sourcing renewable materials and in its operational practices, which closely align with the growing demand from customers and regulators for eco-friendly products.