Which has grown faster, IP or PKG?

Over the past five years, PKG grew revenue faster — IP at a 4.72% CAGR versus PKG at 6.41%.

Does IP or PKG pay a bigger dividend?

IP yields 5.06% and PKG yields 2.25% based on trailing dividends and the latest price.

Is IP or PKG more profitable?

PKG runs the higher net margin — IP at -13.42% versus PKG at 8.03%.

Which has been the better investment, IP or PKG?

Over the past 10-year, PKG delivered the higher annualized total return — IP at 3.19% versus PKG at 16.26%. Past performance doesn't predict future results.

International Paper Company (IP) vs Packaging Corporation of America (PKG)

PKG leads on 10 of 14 compared metrics.

A side-by-side comparison of International Paper Company and Packaging Corporation of America across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

International Paper Company

$19.36B

$36.56Consumer Cyclical

PKG

Packaging Corporation of America

$20.74B

$232.83Consumer Cyclical

Total return — IP vs PKG

growth of $100 · last 26y

IP -18.2%PKG +1840.3%PKG compounded faster

Log scale — wide-divergence pair

IP PKG

IP vs PKG: by the numbers

•PKG is the larger company ($20.74B vs $19.36B market cap).
•PKG is profitable (8.03% net margin) while IP runs a net loss (-13.42%).
•PKG grew revenue faster over the past five years (6.41% vs 4.72% CAGR).
•IP pays the higher dividend yield (5.06% vs 2.25%).

Which is better, IP or PKG?

Metric tally: IP 4 · PKG 10

It depends on what you're optimizing for:

GrowthPKG(faster 5Y revenue CAGR)

IncomeIP(higher dividend yield)

QualityPKG(higher ROIC)

Metrics side by side

Valuation

Metric	IP	PKG
P/E ratio	—	28.32
Forward P/E	26.45	22.50●
P/S ratio	0.78●	2.25
P/B ratio	1.31●	4.52
PEG ratio	—	2.34
EV / EBITDA	—	13.31
FCF yield	2.84%	3.39%●

Profitability

Metric	IP	PKG
Gross margin	27.83%●	20.48%
Operating margin	-10.46%	13.16%●
Net margin	-13.42%	8.03%●
ROE	-22.63%	16.14%●
ROIC	-7.64%	9.44%●

Dividends

Metric	IP	PKG
Dividend yield	5.06%●	2.25%
Payout ratio	—	60.98%

Growth (annualized)

Metric	IP	PKG
Revenue CAGR (5Y)	4.72%	6.41%●
EPS CAGR (5Y)	-12.39%	12.12%●
FCF CAGR (5Y)	-25.27%	4.94%●
Total return CAGR (5Y)	-4.55%	14.92%●

Frequently asked

Which is better, IP or PKG?: It depends on your goal. growth: PKG (faster 5Y revenue CAGR); income: IP (higher dividend yield); quality: PKG (higher ROIC). Across all compared metrics, PKG leads 10 to 4.
Which has grown faster, IP or PKG?: Over the past five years, PKG grew revenue faster — IP at a 4.72% CAGR versus PKG at 6.41%.
Does IP or PKG pay a bigger dividend?: IP yields 5.06% and PKG yields 2.25% based on trailing dividends and the latest price.
Is IP or PKG more profitable?: PKG runs the higher net margin — IP at -13.42% versus PKG at 8.03%.
Which has been the better investment, IP or PKG?: Over the past 10-year, PKG delivered the higher annualized total return — IP at 3.19% versus PKG at 16.26%. Past performance doesn't predict future results.

Go deeper

Full IP analysis Full PKG analysis Interactive comparison tool

Dig into the metrics

International Paper P/E ratio Packaging Corporation of America P/E ratio International Paper dividend yield Packaging Corporation of America dividend yield International Paper ROE Packaging Corporation of America ROE International Paper operating margin Packaging Corporation of America operating margin International Paper revenue growth Packaging Corporation of America revenue growth International Paper free cash flow Packaging Corporation of America free cash flow

International Paper & Packaging Corporation of America appear in these rankings

Highest Dividend Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.