IP vs. PAAS: International Paper vs. Pan American Silver Stock Comparison

November 11, 2026

How do International Paper (IP) and Pan American Silver (PAAS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

International Paper (IP) and Pan American Silver (PAAS) both fall under the Materials industry group, but IP is classified in Containers & Packaging while PAAS is classified in Metals & Mining.

Company profile comparison for International Paper (IP) and Pan American Silver (PAAS)
Profile Item	IP	PAAS
Name	International Paper Co.	Pan American Silver Corp.
Country/Region	United States	Canada
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Containers & Packaging	Metals & Mining
GICS Sub-Industry	Paper & Plastic Packaging Products & Materials	Silver
Market Capitalization	18.29 billion USD	16.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	June 12, 1995
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PAAS

GSPC

International Paper (IP) vs. Pan American Silver (PAAS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for International Paper (IP) and Pan American Silver (PAAS). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for International Paper (IP) and Pan American Silver (PAAS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
Total Return (1Y)	-2.70%	22.43%
Total Return (3Y, Annualized)	6.64%	47.84%
Total Return (5Y, Annualized)	-2.14%	11.59%

Risk Profile

Drawdown History

PAAS

GSPC

International Paper (IP) vs. Pan American Silver (PAAS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for International Paper (IP) and Pan American Silver (PAAS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
Volatility (1Y, Annualized)	42.71%	58.13%
Beta (5Y)	0.96	0.72
Max Drawdown (5Y)	-48.61%	-57.39%
Avg. Volume (3M)	5.09M	4.31M

Risk-Adjusted Performance

Risk-Return Positioning

IP and PAAS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
Sharpe Ratio (1Y)	-0.16	0.31
Sortino Ratio (1Y)	-0.24	0.45

Profitability

ROE (TTM)

International Paper (IP) reports a negative ROE of -22.30%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Pan American Silver (PAAS) reports 22.39%, ranking against industry peers normally.

IP

Materials industry group

-22.30%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
IP: -22.30%
Min: -32.81%

PAAS

Materials industry group

22.39%

Max: 52.88%
PAAS: 22.39%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

International Paper (IP) reports a negative net margin of -14.32%, usually indicating a net loss over the period. Meanwhile Pan American Silver (PAAS) reports 35.16%, ranking against industry peers normally.

IP

Materials industry group

-14.32%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
IP: -14.32%
Min: -20.40%

PAAS

Materials industry group

35.16%

Max: 38.66%
PAAS: 35.16%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Pan American Silver (PAAS) at 34.29% operates in the top operating margin quartile, ahead of International Paper (IP) at 5.89%, which runs around its industry’s norm.

IP

Materials industry group

5.89%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
IP: 5.89%
Q1: 3.28%
Min: -14.07%

PAAS

Materials industry group

34.29%

Max: 66.70%
PAAS: 34.29%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
ROE (TTM)	-22.30%	22.39%
ROA (TTM)	1.60%	11.27%
Net Margin (TTM)	-14.32%	35.16%
Operating Margin (TTM)	5.89%	34.29%
Gross Margin (TTM)	29.78%	55.17%

Growth

Revenue Growth

International Paper (IP) at 49.25% sits in the top revenue growth quartile, while Pan American Silver (PAAS) at 28.38% is closer to the peer norm — faster top-line expansion for IP.

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Pan American Silver (PAAS) at 725.81% sits above its peer range for EPS growth; International Paper (IP) at -542.68% sits below its range, putting their earnings trajectories at opposite ends.

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
Revenue Growth (YoY)	49.25%	28.38%
Revenue Growth (3Y CAGR)	3.75%	34.28%
EPS Growth (YoY)	-542.68%	725.81%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Pan American Silver (PAAS) at 2.72 keeps current ratio within its industry’s typical mid-range, while International Paper (IP) at 0.99 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for IP.

IP

Materials industry group

0.99

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
IP: 0.99
Min: 0.16

PAAS

Materials industry group

2.72

Max: 5.96
Q3: 3.30
PAAS: 2.72
Median: 2.24
Q1: 1.45
Min: 0.16

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Pan American Silver (PAAS) at 0.11 keeps leverage in the lower industry quartile, while International Paper (IP) at 0.79 runs a more typical debt-to-equity mix.

IP

Materials industry group

0.79

Max: 1.98
Q3: 0.89
IP: 0.79
Median: 0.47
Q1: 0.13
Min: 0.00

PAAS

Materials industry group

0.11

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
PAAS: 0.11
Min: 0.00

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
Current Ratio (MRQ)	0.99	2.72
Debt / Equity (MRQ)	0.79	0.11
Net Debt / EBITDA	2.40	-0.39

Dividends

Dividend Yield (TTM)

Pan American Silver (PAAS) at 1.69% pays an industry-typical yield; International Paper (IP) at 5.40% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

IP

Materials industry group

5.40%

IP: 5.40%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

PAAS

Materials industry group

1.69%

Max: 4.52%
Q3: 1.85%
PAAS: 1.69%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

International Paper (IP) reports payout ratio above 100% at 402.17%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Pan American Silver (PAAS) reports 18.00%, ranking against industry peers normally.

IP

Materials industry group

402.17%

IP: 402.17%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

PAAS

Materials industry group

18.00%

Max: 83.62%
Q3: 41.37%
PAAS: 18.00%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
Dividend Yield (TTM)	5.40%	1.69%
Dividend Payout Ratio (TTM)	402.17%	18.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Pan American Silver (PAAS) trades at 10.83 times trailing earnings, ranked against its peers, while International Paper (IP) has no P/E ratio this period.

IP

Materials industry group

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93
IP: --

PAAS

Materials industry group

10.83

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
PAAS: 10.83
Min: 3.93

International Paper (IP) vs. Pan American Silver (PAAS): IP does not report P/E ratio, so it has no value marker; PAAS is benchmarked against the Materials industry group.

P/S Ratio (TTM)

On P/S ratio, both International Paper (IP) at 0.76 and Pan American Silver (PAAS) at 3.80 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

IP

Materials industry group

0.76

Max: 9.62
Q3: 4.34
Median: 1.87
IP: 0.76
Q1: 0.73
Min: 0.00

PAAS

Materials industry group

3.80

Max: 9.62
Q3: 4.34
PAAS: 3.80
Median: 1.87
Q1: 0.73
Min: 0.00

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both International Paper (IP) at 1.39 and Pan American Silver (PAAS) at 2.29 are valued close to their industries’ norm against book — neither stands out from peers.

IP

Materials industry group

1.39

Max: 6.59
Q3: 3.55
Median: 2.08
IP: 1.39
Q1: 1.26
Min: -0.17

PAAS

Materials industry group

2.29

Max: 6.59
Q3: 3.55
PAAS: 2.29
Median: 2.08
Q1: 1.26
Min: -0.17

International Paper (IP) vs. Pan American Silver (PAAS): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for International Paper (IP) and Pan American Silver (PAAS)
Metric	IP	PAAS
P/E Ratio (TTM)	--	10.83
P/S Ratio (TTM)	0.76	3.80
P/B Ratio (MRQ)	1.39	2.29
Free Cash Flow Yield (TTM)	12.53%	8.01%