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Side-by-side financial comparison of International Paper (IP) and NVR, Inc. (NVR). Click either name above to swap in a different company.

International Paper is the larger business by last-quarter revenue ($4.7B vs $2.7B, roughly 1.7× NVR, Inc.). NVR, Inc. runs the higher net margin — 13.4% vs -50.3%, a 63.7% gap on every dollar of revenue. On growth, International Paper posted the faster year-over-year revenue change (3.6% vs -4.7%). NVR, Inc. produced more free cash flow last quarter ($436.0M vs $255.0M). Over the past eight quarters, NVR, Inc.'s revenue compounded faster (7.8% CAGR vs 1.3%).

The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.

NVR, Inc. is an American company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.

IP vs NVR — Head-to-Head

Bigger by revenue
IP
IP
1.7× larger
IP
$4.7B
$2.7B
NVR
Growing faster (revenue YoY)
IP
IP
+8.3% gap
IP
3.6%
-4.7%
NVR
Higher net margin
NVR
NVR
63.7% more per $
NVR
13.4%
-50.3%
IP
More free cash flow
NVR
NVR
$181.0M more FCF
NVR
$436.0M
$255.0M
IP
Faster 2-yr revenue CAGR
NVR
NVR
Annualised
NVR
7.8%
1.3%
IP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IP
IP
NVR
NVR
Revenue
$4.7B
$2.7B
Net Profit
$-2.4B
$363.8M
Gross Margin
32.2%
Operating Margin
-56.4%
Net Margin
-50.3%
13.4%
Revenue YoY
3.6%
-4.7%
Net Profit YoY
-1521.8%
-20.5%
EPS (diluted)
$-4.76
$120.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IP
IP
NVR
NVR
Q4 25
$4.7B
$2.7B
Q3 25
$6.2B
$2.6B
Q2 25
$6.8B
$2.6B
Q1 25
$5.9B
$2.4B
Q4 24
$4.6B
$2.8B
Q3 24
$4.7B
$2.7B
Q2 24
$4.7B
$2.6B
Q1 24
$4.6B
$2.3B
Net Profit
IP
IP
NVR
NVR
Q4 25
$-2.4B
$363.8M
Q3 25
$-1.1B
$342.7M
Q2 25
$75.0M
$333.7M
Q1 25
$-105.0M
$299.6M
Q4 24
$-147.0M
$457.4M
Q3 24
$150.0M
$429.3M
Q2 24
$498.0M
$400.9M
Q1 24
$56.0M
$394.3M
Gross Margin
IP
IP
NVR
NVR
Q4 25
32.2%
Q3 25
31.1%
Q2 25
27.9%
Q1 25
27.8%
Q4 24
29.0%
Q3 24
28.7%
Q2 24
29.0%
Q1 24
25.9%
Operating Margin
IP
IP
NVR
NVR
Q4 25
-56.4%
Q3 25
-10.8%
Q2 25
1.7%
Q1 25
-2.3%
Q4 24
-4.9%
Q3 24
5.1%
Q2 24
6.8%
Q1 24
3.7%
Net Margin
IP
IP
NVR
NVR
Q4 25
-50.3%
13.4%
Q3 25
-17.7%
13.1%
Q2 25
1.1%
12.8%
Q1 25
-1.8%
12.5%
Q4 24
-3.2%
16.1%
Q3 24
3.2%
15.7%
Q2 24
10.5%
15.3%
Q1 24
1.2%
16.9%
EPS (diluted)
IP
IP
NVR
NVR
Q4 25
$-4.76
$120.85
Q3 25
$-2.09
$112.33
Q2 25
$0.14
$108.54
Q1 25
$-0.24
$94.83
Q4 24
$-0.42
$139.09
Q3 24
$0.42
$130.50
Q2 24
$1.41
$120.69
Q1 24
$0.16
$116.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IP
IP
NVR
NVR
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$8.8B
Stockholders' EquityBook value
$14.8B
$3.9B
Total Assets
$38.0B
$5.9B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IP
IP
NVR
NVR
Q4 25
$1.1B
Q3 25
$995.0M
Q2 25
$1.1B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.0B
Q1 24
$1.1B
Total Debt
IP
IP
NVR
NVR
Q4 25
$8.8B
Q3 25
$9.0B
Q2 25
$9.7B
Q1 25
$9.2B
Q4 24
$5.4B
Q3 24
$5.3B
Q2 24
$5.3B
Q1 24
$5.5B
Stockholders' Equity
IP
IP
NVR
NVR
Q4 25
$14.8B
$3.9B
Q3 25
$17.3B
$4.0B
Q2 25
$18.6B
$3.8B
Q1 25
$18.1B
$4.0B
Q4 24
$8.2B
$4.2B
Q3 24
$8.6B
$4.3B
Q2 24
$8.6B
$4.1B
Q1 24
$8.3B
$4.3B
Total Assets
IP
IP
NVR
NVR
Q4 25
$38.0B
$5.9B
Q3 25
$40.6B
$6.0B
Q2 25
$42.4B
$5.9B
Q1 25
$41.2B
$6.2B
Q4 24
$22.8B
$6.4B
Q3 24
$23.2B
$6.5B
Q2 24
$23.1B
$6.4B
Q1 24
$23.0B
$6.5B
Debt / Equity
IP
IP
NVR
NVR
Q4 25
0.60×
Q3 25
0.52×
Q2 25
0.52×
Q1 25
0.51×
Q4 24
0.66×
Q3 24
0.62×
Q2 24
0.62×
Q1 24
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IP
IP
NVR
NVR
Operating Cash FlowLast quarter
$905.0M
$439.7M
Free Cash FlowOCF − Capex
$255.0M
$436.0M
FCF MarginFCF / Revenue
5.4%
16.1%
Capex IntensityCapex / Revenue
13.7%
0.1%
Cash ConversionOCF / Net Profit
1.21×
TTM Free Cash FlowTrailing 4 quarters
$-159.0M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IP
IP
NVR
NVR
Q4 25
$905.0M
$439.7M
Q3 25
$605.0M
$438.7M
Q2 25
$476.0M
$35.1M
Q1 25
$-288.0M
$207.8M
Q4 24
$397.0M
$637.0M
Q3 24
$521.0M
$358.3M
Q2 24
$365.0M
$232.7M
Q1 24
$395.0M
$146.5M
Free Cash Flow
IP
IP
NVR
NVR
Q4 25
$255.0M
$436.0M
Q3 25
$150.0M
$433.3M
Q2 25
$54.0M
$26.8M
Q1 25
$-618.0M
$200.7M
Q4 24
$137.0M
$631.5M
Q3 24
$309.0M
$350.1M
Q2 24
$167.0M
$226.3M
Q1 24
$144.0M
$137.5M
FCF Margin
IP
IP
NVR
NVR
Q4 25
5.4%
16.1%
Q3 25
2.4%
16.6%
Q2 25
0.8%
1.0%
Q1 25
-10.5%
8.4%
Q4 24
3.0%
22.2%
Q3 24
6.6%
12.8%
Q2 24
3.5%
8.7%
Q1 24
3.1%
5.9%
Capex Intensity
IP
IP
NVR
NVR
Q4 25
13.7%
0.1%
Q3 25
7.3%
0.2%
Q2 25
6.2%
0.3%
Q1 25
5.6%
0.3%
Q4 24
5.7%
0.2%
Q3 24
4.5%
0.3%
Q2 24
4.2%
0.2%
Q1 24
5.4%
0.4%
Cash Conversion
IP
IP
NVR
NVR
Q4 25
1.21×
Q3 25
1.28×
Q2 25
6.35×
0.11×
Q1 25
0.69×
Q4 24
1.39×
Q3 24
3.47×
0.83×
Q2 24
0.73×
0.58×
Q1 24
7.05×
0.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IP
IP

Other$2.4B52%
DS Smith Packaging$2.3B48%

NVR
NVR

Home Building Segment$2.6B97%
Mortgage Banking Segment$77.4M3%

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