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Side-by-side financial comparison of International Paper (IP) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

International Paper is the larger business by last-quarter revenue ($4.7B vs $2.4B, roughly 2.0× Ralph Lauren Corporation). Ralph Lauren Corporation runs the higher net margin — 15.0% vs -50.3%, a 65.3% gap on every dollar of revenue. On growth, Ralph Lauren Corporation posted the faster year-over-year revenue change (12.2% vs 3.6%). Ralph Lauren Corporation produced more free cash flow last quarter ($704.0M vs $255.0M). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% 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.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

IP vs RL — Head-to-Head

Bigger by revenue
IP
IP
2.0× larger
IP
$4.7B
$2.4B
RL
Growing faster (revenue YoY)
RL
RL
+8.7% gap
RL
12.2%
3.6%
IP
Higher net margin
RL
RL
65.3% more per $
RL
15.0%
-50.3%
IP
More free cash flow
RL
RL
$449.0M more FCF
RL
$704.0M
$255.0M
IP
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
1.3%
IP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IP
IP
RL
RL
Revenue
$4.7B
$2.4B
Net Profit
$-2.4B
$361.6M
Gross Margin
32.2%
69.9%
Operating Margin
-56.4%
19.6%
Net Margin
-50.3%
15.0%
Revenue YoY
3.6%
12.2%
Net Profit YoY
-1521.8%
21.6%
EPS (diluted)
$-4.76
$5.82

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
RL
RL
Q4 25
$4.7B
$2.4B
Q3 25
$6.2B
$2.0B
Q2 25
$6.8B
$1.7B
Q1 25
$5.9B
$1.7B
Q4 24
$4.6B
$2.1B
Q3 24
$4.7B
$1.7B
Q2 24
$4.7B
$1.5B
Q1 24
$4.6B
$1.6B
Net Profit
IP
IP
RL
RL
Q4 25
$-2.4B
$361.6M
Q3 25
$-1.1B
$207.5M
Q2 25
$75.0M
$220.4M
Q1 25
$-105.0M
$129.0M
Q4 24
$-147.0M
$297.4M
Q3 24
$150.0M
$147.9M
Q2 24
$498.0M
$168.6M
Q1 24
$56.0M
$90.7M
Gross Margin
IP
IP
RL
RL
Q4 25
32.2%
69.9%
Q3 25
31.1%
68.0%
Q2 25
27.9%
72.3%
Q1 25
27.8%
68.7%
Q4 24
29.0%
68.4%
Q3 24
28.7%
67.0%
Q2 24
29.0%
70.5%
Q1 24
25.9%
66.6%
Operating Margin
IP
IP
RL
RL
Q4 25
-56.4%
19.6%
Q3 25
-10.8%
12.2%
Q2 25
1.7%
15.9%
Q1 25
-2.3%
9.1%
Q4 24
-4.9%
18.2%
Q3 24
5.1%
10.4%
Q2 24
6.8%
13.8%
Q1 24
3.7%
6.9%
Net Margin
IP
IP
RL
RL
Q4 25
-50.3%
15.0%
Q3 25
-17.7%
10.3%
Q2 25
1.1%
12.8%
Q1 25
-1.8%
7.6%
Q4 24
-3.2%
13.9%
Q3 24
3.2%
8.6%
Q2 24
10.5%
11.1%
Q1 24
1.2%
5.8%
EPS (diluted)
IP
IP
RL
RL
Q4 25
$-4.76
$5.82
Q3 25
$-2.09
$3.32
Q2 25
$0.14
$3.52
Q1 25
$-0.24
$2.03
Q4 24
$-0.42
$4.66
Q3 24
$0.42
$2.31
Q2 24
$1.41
$2.61
Q1 24
$0.16
$1.37

Balance Sheet & Financial Strength

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

Metric
IP
IP
RL
RL
Cash + ST InvestmentsLiquidity on hand
$1.1B
$2.3B
Total DebtLower is stronger
$8.8B
Stockholders' EquityBook value
$14.8B
$2.9B
Total Assets
$38.0B
$7.8B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IP
IP
RL
RL
Q4 25
$1.1B
$2.3B
Q3 25
$995.0M
$1.6B
Q2 25
$1.1B
$2.3B
Q1 25
$1.2B
$2.1B
Q4 24
$1.2B
$2.1B
Q3 24
$1.2B
$1.7B
Q2 24
$1.0B
$1.8B
Q1 24
$1.1B
$1.8B
Total Debt
IP
IP
RL
RL
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
RL
RL
Q4 25
$14.8B
$2.9B
Q3 25
$17.3B
$2.6B
Q2 25
$18.6B
$2.5B
Q1 25
$18.1B
$2.6B
Q4 24
$8.2B
$2.5B
Q3 24
$8.6B
$2.4B
Q2 24
$8.6B
$2.4B
Q1 24
$8.3B
$2.5B
Total Assets
IP
IP
RL
RL
Q4 25
$38.0B
$7.8B
Q3 25
$40.6B
$7.3B
Q2 25
$42.4B
$7.8B
Q1 25
$41.2B
$7.0B
Q4 24
$22.8B
$7.1B
Q3 24
$23.2B
$6.8B
Q2 24
$23.1B
$6.6B
Q1 24
$23.0B
$6.6B
Debt / Equity
IP
IP
RL
RL
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
RL
RL
Operating Cash FlowLast quarter
$905.0M
$779.6M
Free Cash FlowOCF − Capex
$255.0M
$704.0M
FCF MarginFCF / Revenue
5.4%
29.3%
Capex IntensityCapex / Revenue
13.7%
3.1%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$-159.0M
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IP
IP
RL
RL
Q4 25
$905.0M
$779.6M
Q3 25
$605.0M
$53.2M
Q2 25
$476.0M
$176.1M
Q1 25
$-288.0M
$122.2M
Q4 24
$397.0M
$738.4M
Q3 24
$521.0M
$97.2M
Q2 24
$365.0M
$277.3M
Q1 24
$395.0M
Free Cash Flow
IP
IP
RL
RL
Q4 25
$255.0M
$704.0M
Q3 25
$150.0M
$-40.6M
Q2 25
$54.0M
$-11.2M
Q1 25
$-618.0M
$42.3M
Q4 24
$137.0M
$677.2M
Q3 24
$309.0M
$55.5M
Q2 24
$167.0M
$243.9M
Q1 24
$144.0M
FCF Margin
IP
IP
RL
RL
Q4 25
5.4%
29.3%
Q3 25
2.4%
-2.0%
Q2 25
0.8%
-0.7%
Q1 25
-10.5%
2.5%
Q4 24
3.0%
31.6%
Q3 24
6.6%
3.2%
Q2 24
3.5%
16.1%
Q1 24
3.1%
Capex Intensity
IP
IP
RL
RL
Q4 25
13.7%
3.1%
Q3 25
7.3%
4.7%
Q2 25
6.2%
10.9%
Q1 25
5.6%
4.7%
Q4 24
5.7%
2.9%
Q3 24
4.5%
2.4%
Q2 24
4.2%
2.2%
Q1 24
5.4%
Cash Conversion
IP
IP
RL
RL
Q4 25
2.16×
Q3 25
0.26×
Q2 25
6.35×
0.80×
Q1 25
0.95×
Q4 24
2.48×
Q3 24
3.47×
0.66×
Q2 24
0.73×
1.64×
Q1 24
7.05×

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%

RL
RL

Segment breakdown not available.

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