IP vs. WPM: International Paper vs. Wheaton Precious Metals Stock Comparison

November 11, 2026

How do International Paper (IP) and Wheaton Precious Metals (WPM) 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 Wheaton Precious Metals (WPM) both fall under the Materials industry group, but IP is classified in Containers & Packaging while WPM is classified in Metals & Mining.

Company profile comparison for International Paper (IP) and Wheaton Precious Metals (WPM)
Profile Item	IP	WPM
Name	International Paper Co.	Wheaton Precious Metals 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	Gold
Market Capitalization	18.29 billion USD	61.91 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	July 6, 2005
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

WPM

GSPC

International Paper (IP) vs. Wheaton Precious Metals (WPM), 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

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Trailing total returns for International Paper (IP) and Wheaton Precious Metals (WPM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for International Paper (IP) and Wheaton Precious Metals (WPM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for International Paper (IP) and Wheaton Precious Metals (WPM)
Metric	IP	WPM
Total Return (1Y)	-2.70%	45.35%
Total Return (3Y, Annualized)	6.64%	50.60%
Total Return (5Y, Annualized)	-2.14%	29.06%

Risk Profile

Drawdown History

WPM

GSPC

International Paper (IP) vs. Wheaton Precious Metals (WPM), 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

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Distribution of monthly total returns for International Paper (IP) and Wheaton Precious Metals (WPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for International Paper (IP) and Wheaton Precious Metals (WPM)
Metric	IP	WPM
Volatility (1Y, Annualized)	42.71%	52.11%
Beta (5Y)	0.96	0.49
Max Drawdown (5Y)	-48.61%	-43.29%
Avg. Volume (3M)	5.09M	2.01M

Risk-Adjusted Performance

Risk-Return Positioning

IP and WPM 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 Wheaton Precious Metals (WPM)
Metric	IP	WPM
Sharpe Ratio (1Y)	-0.16	0.79
Sortino Ratio (1Y)	-0.24	1.14

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 Wheaton Precious Metals (WPM) reports 23.10%, 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%

WPM

Materials industry group

23.10%

Max: 52.88%
WPM: 23.10%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

International Paper (IP) vs. Wheaton Precious Metals (WPM): 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 Wheaton Precious Metals (WPM) reports 60.39%, 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%

WPM

Materials industry group

60.39%

WPM: 60.39%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Wheaton Precious Metals (WPM) at 66.70% 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%

WPM

Materials industry group

66.70%

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

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for International Paper (IP) and Wheaton Precious Metals (WPM)
Metric	IP	WPM
ROE (TTM)	-22.30%	23.10%
ROA (TTM)	1.60%	15.22%
Net Margin (TTM)	-14.32%	60.39%
Operating Margin (TTM)	5.89%	66.70%
Gross Margin (TTM)	29.78%	86.61%

Growth

Revenue Growth

Both International Paper (IP) at 49.25% and Wheaton Precious Metals (WPM) at 80.18% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Wheaton Precious Metals (WPM) at 177.85% sits in the top EPS growth quartile, while International Paper (IP) at -542.68% falls below its industry range — a large difference in per-share earnings trajectories.

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for International Paper (IP) and Wheaton Precious Metals (WPM)
Metric	IP	WPM
Revenue Growth (YoY)	49.25%	80.18%
Revenue Growth (3Y CAGR)	3.75%	29.53%
EPS Growth (YoY)	-542.68%	177.85%
EPS Growth (3Y CAGR)	--	29.83%

Financial Strength

Current Ratio (MRQ)

Both International Paper (IP) at 0.99 and Wheaton Precious Metals (WPM) at 0.57 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

IP

Materials industry group

0.99

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

WPM

Materials industry group

0.57

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
WPM: 0.57
Min: 0.16

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both International Paper (IP) at 0.79 and Wheaton Precious Metals (WPM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

IP

Materials industry group

0.79

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

WPM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
WPM: 0.16
Q1: 0.13
Min: 0.00

International Paper (IP) vs. Wheaton Precious Metals (WPM): 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 Wheaton Precious Metals (WPM)
Metric	IP	WPM
Current Ratio (MRQ)	0.99	0.57
Debt / Equity (MRQ)	0.79	0.16
Net Debt / EBITDA	2.40	0.50

Dividends

Dividend Yield (TTM)

Wheaton Precious Metals (WPM) at 0.57% 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%

WPM

Materials industry group

0.57%

Max: 4.52%
Q3: 1.85%
WPM: 0.57%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

International Paper (IP) vs. Wheaton Precious Metals (WPM): 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 Wheaton Precious Metals (WPM) reports 16.29%, 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%

WPM

Materials industry group

16.29%

Max: 83.62%
Q3: 41.37%
WPM: 16.29%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for International Paper (IP) and Wheaton Precious Metals (WPM)
Metric	IP	WPM
Dividend Yield (TTM)	5.40%	0.57%
Dividend Payout Ratio (TTM)	402.17%	16.29%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Wheaton Precious Metals (WPM) trades at 29.63 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: --

WPM

Materials industry group

29.63

Max: 59.00
Q3: 32.93
WPM: 29.63
Median: 18.82
Q1: 11.96
Min: 3.93

International Paper (IP) vs. Wheaton Precious Metals (WPM): IP does not report P/E ratio, so it has no value marker; WPM is benchmarked against the Materials industry group.

P/S Ratio (TTM)

International Paper (IP) at 0.76 prices around its industry’s typical P/S ratio, while Wheaton Precious Metals (WPM) at 17.86 clears its benchmark range — WPM looks notably rich on sales.

IP

Materials industry group

0.76

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

WPM

Materials industry group

17.86

WPM: 17.86
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

International Paper (IP) at 1.39 is valued about in line with its industry on P/B ratio, while Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.

IP

Materials industry group

1.39

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

WPM

Materials industry group

6.17

Max: 6.59
WPM: 6.17
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

International Paper (IP) vs. Wheaton Precious Metals (WPM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for International Paper (IP) and Wheaton Precious Metals (WPM)
Metric	IP	WPM
P/E Ratio (TTM)	--	29.63
P/S Ratio (TTM)	0.76	17.86
P/B Ratio (MRQ)	1.39	6.17
Free Cash Flow Yield (TTM)	12.53%	-5.11%