vs

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

Charles Schwab Corporation is the larger business by last-quarter revenue ($6.3B vs $6.0B, roughly 1.1× International Paper). Charles Schwab Corporation runs the higher net margin — 38.8% vs 1.0%, a 37.8% gap on every dollar of revenue. On growth, Charles Schwab Corporation posted the faster year-over-year revenue change (18.9% vs -0.6%). International Paper produced more free cash flow last quarter ($94.0M vs $-921.0M). Over the past eight quarters, Charles Schwab Corporation's revenue compounded faster (15.6% CAGR vs 12.3%).

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.

Charles Schwab Corporation is a leading U.S. financial services firm offering brokerage, wealth management, banking, retirement planning, and investment advisory services. It serves individual investors, independent advisors and corporate clients across North America, focusing on low-cost accessible financial products and digital tools.

IP vs SCHW — Head-to-Head

Bigger by revenue
SCHW
SCHW
1.1× larger
SCHW
$6.3B
$6.0B
IP
Growing faster (revenue YoY)
SCHW
SCHW
+19.5% gap
SCHW
18.9%
-0.6%
IP
Higher net margin
SCHW
SCHW
37.8% more per $
SCHW
38.8%
1.0%
IP
More free cash flow
IP
IP
$1.0B more FCF
IP
$94.0M
$-921.0M
SCHW
Faster 2-yr revenue CAGR
SCHW
SCHW
Annualised
SCHW
15.6%
12.3%
IP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IP
IP
SCHW
SCHW
Revenue
$6.0B
$6.3B
Net Profit
$60.0M
$2.5B
Gross Margin
Operating Margin
50.2%
Net Margin
1.0%
38.8%
Revenue YoY
-0.6%
18.9%
Net Profit YoY
157.1%
33.6%
EPS (diluted)
$0.14
$1.32

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
SCHW
SCHW
Q1 26
$6.0B
Q4 25
$4.7B
$6.3B
Q3 25
$6.2B
$6.1B
Q2 25
$6.8B
$5.9B
Q1 25
$5.9B
$5.6B
Q4 24
$4.6B
$5.3B
Q3 24
$4.7B
$4.8B
Q2 24
$4.7B
$4.7B
Net Profit
IP
IP
SCHW
SCHW
Q1 26
$60.0M
Q4 25
$-2.4B
$2.5B
Q3 25
$-1.1B
$2.4B
Q2 25
$75.0M
$2.1B
Q1 25
$-105.0M
$1.9B
Q4 24
$-147.0M
$1.8B
Q3 24
$150.0M
$1.4B
Q2 24
$498.0M
$1.3B
Gross Margin
IP
IP
SCHW
SCHW
Q1 26
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%
Operating Margin
IP
IP
SCHW
SCHW
Q1 26
Q4 25
-56.4%
50.2%
Q3 25
-10.8%
49.2%
Q2 25
1.7%
47.9%
Q1 25
-2.3%
43.8%
Q4 24
-4.9%
43.3%
Q3 24
5.1%
38.0%
Q2 24
6.8%
37.2%
Net Margin
IP
IP
SCHW
SCHW
Q1 26
1.0%
Q4 25
-50.3%
38.8%
Q3 25
-17.7%
38.4%
Q2 25
1.1%
36.3%
Q1 25
-1.8%
34.1%
Q4 24
-3.2%
34.5%
Q3 24
3.2%
29.0%
Q2 24
10.5%
28.4%
EPS (diluted)
IP
IP
SCHW
SCHW
Q1 26
$0.14
Q4 25
$-4.76
$1.32
Q3 25
$-2.09
$1.26
Q2 25
$0.14
$1.08
Q1 25
$-0.24
$0.99
Q4 24
$-0.42
$0.94
Q3 24
$0.42
$0.71
Q2 24
$1.41
$0.66

Balance Sheet & Financial Strength

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

Metric
IP
IP
SCHW
SCHW
Cash + ST InvestmentsLiquidity on hand
$46.0B
Total DebtLower is stronger
$8.2B
$22.2B
Stockholders' EquityBook value
$14.8B
$49.4B
Total Assets
$36.4B
$491.0B
Debt / EquityLower = less leverage
0.55×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IP
IP
SCHW
SCHW
Q1 26
Q4 25
$1.1B
$46.0B
Q3 25
$995.0M
$30.6B
Q2 25
$1.1B
$32.2B
Q1 25
$1.2B
$35.0B
Q4 24
$1.2B
$42.1B
Q3 24
$1.2B
$34.9B
Q2 24
$1.0B
$25.4B
Total Debt
IP
IP
SCHW
SCHW
Q1 26
$8.2B
Q4 25
$8.8B
$22.2B
Q3 25
$9.0B
$20.2B
Q2 25
$9.7B
$20.2B
Q1 25
$9.2B
$21.5B
Q4 24
$5.4B
$22.4B
Q3 24
$5.3B
$22.4B
Q2 24
$5.3B
$22.4B
Stockholders' Equity
IP
IP
SCHW
SCHW
Q1 26
$14.8B
Q4 25
$14.8B
$49.4B
Q3 25
$17.3B
$49.4B
Q2 25
$18.6B
$49.5B
Q1 25
$18.1B
$49.5B
Q4 24
$8.2B
$48.4B
Q3 24
$8.6B
$47.2B
Q2 24
$8.6B
$44.0B
Total Assets
IP
IP
SCHW
SCHW
Q1 26
$36.4B
Q4 25
$38.0B
$491.0B
Q3 25
$40.6B
$465.3B
Q2 25
$42.4B
$458.9B
Q1 25
$41.2B
$462.9B
Q4 24
$22.8B
$479.8B
Q3 24
$23.2B
$466.1B
Q2 24
$23.1B
$449.7B
Debt / Equity
IP
IP
SCHW
SCHW
Q1 26
0.55×
Q4 25
0.60×
0.45×
Q3 25
0.52×
0.41×
Q2 25
0.52×
0.41×
Q1 25
0.51×
0.43×
Q4 24
0.66×
0.46×
Q3 24
0.62×
0.48×
Q2 24
0.62×
0.51×

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
SCHW
SCHW
Operating Cash FlowLast quarter
$-763.0M
Free Cash FlowOCF − Capex
$94.0M
$-921.0M
FCF MarginFCF / Revenue
1.6%
-14.5%
Capex IntensityCapex / Revenue
8.7%
2.5%
Cash ConversionOCF / Net Profit
-0.31×
TTM Free Cash FlowTrailing 4 quarters
$553.0M
$8.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IP
IP
SCHW
SCHW
Q1 26
Q4 25
$905.0M
$-763.0M
Q3 25
$605.0M
$538.0M
Q2 25
$476.0M
$3.2B
Q1 25
$-288.0M
$6.4B
Q4 24
$397.0M
$-10.8B
Q3 24
$521.0M
$19.1B
Q2 24
$365.0M
$-4.3B
Free Cash Flow
IP
IP
SCHW
SCHW
Q1 26
$94.0M
Q4 25
$255.0M
$-921.0M
Q3 25
$150.0M
$393.0M
Q2 25
$54.0M
$3.0B
Q1 25
$-618.0M
$6.2B
Q4 24
$137.0M
$-11.1B
Q3 24
$309.0M
$19.0B
Q2 24
$167.0M
$-4.3B
FCF Margin
IP
IP
SCHW
SCHW
Q1 26
1.6%
Q4 25
5.4%
-14.5%
Q3 25
2.4%
6.4%
Q2 25
0.8%
52.1%
Q1 25
-10.5%
111.5%
Q4 24
3.0%
-207.9%
Q3 24
6.6%
391.4%
Q2 24
3.5%
-92.6%
Capex Intensity
IP
IP
SCHW
SCHW
Q1 26
8.7%
Q4 25
13.7%
2.5%
Q3 25
7.3%
2.4%
Q2 25
6.2%
2.2%
Q1 25
5.6%
2.1%
Q4 24
5.7%
4.8%
Q3 24
4.5%
2.6%
Q2 24
4.2%
1.9%
Cash Conversion
IP
IP
SCHW
SCHW
Q1 26
Q4 25
-0.31×
Q3 25
0.23×
Q2 25
6.35×
1.49×
Q1 25
3.33×
Q4 24
-5.88×
Q3 24
3.47×
13.56×
Q2 24
0.73×
-3.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IP
IP

Packaging Solutions North America$3.6B61%
Packaging Solutions EMEA$2.3B39%
Corporate and Inter-segment Sales$22.0M0%

SCHW
SCHW

Investor Services$5.0B79%
Order Flow Revenue$531.0M8%
Commissions$482.0M8%
Other$127.0M2%
Financial Service Other$100.0M2%
Principal Transactions$53.0M1%

Related Comparisons