IFF · International Flavors & Fragrances Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.74B | - | $2.69B | $2.76B | $2.84B | - | $2.92B | $2.89B | $2.90B | - |
| Cost of Revenue | $1.72B | - | $1.71B | $1.73B | $1.81B | - | $1.87B | $1.82B | $1.88B | - |
| Gross Profit | $1.02B | - | $983.00M | $1.03B | $1.03B | - | $1.05B | $1.07B | $1.02B | - |
| R&D | $166.00M | - | $174.00M | $182.00M | $164.00M | - | $162.00M | $173.00M | $166.00M | - |
| SG&A | $427.00M | - | $421.00M | $483.00M | $461.00M | - | $495.00M | $493.00M | $490.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $246.00M | - | $101.00M | $97.00M | $236.00M | - | $102.00M | $93.00M | $278.00M | - |
| Operating Income | $273.00M | - | $226.00M | $198.00M | ($903.00M) | - | $249.00M | $191.00M | $199.00M | - |
| Interest Expense | $44.00M | - | $48.00M | $61.00M | $71.00M | - | $74.00M | $79.00M | $83.00M | - |
| Income Tax | $39.00M | - | $15.00M | ($78.00M) | $23.00M | - | $35.00M | $11.00M | $54.00M | - |
| Net Income | $169.00M | - | $40.00M | $612.00M | ($1.02B) | - | $59.00M | $170.00M | $60.00M | - |
| EPS - Basic | $0.66 | - | $0.16 | $2.39 | ($3.98) | - | $0.23 | $0.67 | $0.23 | - |
| EPS - Diluted | $0.66 | - | $0.16 | $2.38 | ($3.98) | - | $0.23 | $0.66 | $0.23 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $562.00M | $590.00M | $621.00M | $816.00M | $613.00M | $469.00M | $567.00M | $671.00M | $732.00M | $703.00M |
| Accounts Receivable | $1.83B | $1.73B | $1.87B | $1.80B | $1.74B | $1.62B | $1.77B | $1.77B | $1.98B | $1.73B |
| Inventory | $2.25B | $2.25B | $2.32B | $2.37B | $2.25B | $2.13B | $2.20B | $2.16B | $2.41B | $2.48B |
| Accounts Payable | $1.37B | $1.29B | $1.28B | $1.35B | $1.32B | $1.28B | $1.21B | $1.27B | $1.35B | $1.38B |
| Current Assets | $5.44B | $5.59B | $5.88B | $5.93B | $8.63B | $7.99B | $8.42B | $8.15B | $6.41B | $6.29B |
| Total Assets | $25.14B | $25.54B | $25.77B | $26.12B | $28.27B | $28.67B | $29.93B | $29.54B | $30.64B | $30.98B |
| Current Liabilities | $3.65B | $3.93B | $4.07B | $3.18B | $4.61B | $4.33B | $3.22B | $3.42B | $3.82B | $3.76B |
| Long-term Debt | $4.74B | $4.74B | $4.74B | $5.68B | $7.60B | $7.56B | $8.63B | $8.60B | $9.15B | $9.19B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $14.12B | $14.15B | $14.24B | $14.40B | $13.18B | $13.88B | $14.78B | $14.25B | $14.29B | $14.61B |
| Retained Earnings | ($3.35B) | ($3.42B) | ($3.35B) | ($3.21B) | ($3.73B) | ($2.60B) | ($2.46B) | ($2.41B) | ($2.48B) | ($2.44B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $257.00M | - | - | - | $127.00M | - | - | - | $99.00M | - |
| Investing Cash Flow | $23.00M | - | - | - | ($157.00M) | - | - | - | ($78.00M) | - |
| Financing Cash Flow | ($301.00M) | - | - | - | $169.00M | - | - | - | $40.00M | - |
| CapEx | $165.00M | - | - | - | $179.00M | - | - | - | $118.00M | - |
| Free Cash Flow | $92.00M | - | - | - | ($52.00M) | - | - | - | ($19.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.1% | - | 36.5% | 37.3% | 36.4% | - | 36.0% | 37.0% | 35.3% | - |
| Operating margin | 10.0% | - | 8.4% | 7.2% | -31.8% | - | 8.5% | 6.6% | 6.9% | - |
| EBITDA margin | 18.9% | - | 12.1% | 10.7% | -23.5% | - | 12.0% | 9.8% | 16.5% | - |
| Net margin | 6.2% | - | 1.5% | 22.1% | -35.8% | - | 2.0% | 5.9% | 2.1% | - |
| Free cash flow margin | 3.4% | - | - | - | -1.8% | - | - | - | -0.7% | - |
| FCF / Net income | 0.54 | - | - | - | 0.05 | - | - | - | -0.32 | - |
| R&D / Revenue | 6.1% | - | 6.5% | 6.6% | 5.8% | - | 5.5% | 6.0% | 5.7% | - |
| SG&A / Revenue | 15.6% | - | 15.6% | 17.5% | 16.2% | - | 16.9% | 17.1% | 16.9% | - |
| Effective tax rate | 18.8% | - | 27.3% | -14.6% | - | - | 37.2% | 6.1% | 47.4% | - |
| Return on assets | 0.7% | - | 0.2% | 2.3% | -3.6% | - | 0.2% | 0.6% | 0.2% | - |
| Return on equity | 1.2% | - | 0.3% | 4.2% | -7.7% | - | 0.4% | 1.2% | 0.4% | - |
| Return on invested capital | 1.2% | - | 0.9% | 1.0% | -3.4% | - | 0.7% | 0.8% | 0.4% | - |
| Liquidity | ||||||||||
| Current ratio | 1.49 | 1.42 | 1.44 | 1.86 | 1.87 | 1.84 | 2.62 | 2.38 | 1.68 | 1.67 |
| Quick ratio | 0.87 | 0.85 | 0.87 | 1.12 | 1.39 | 1.35 | 1.93 | 1.75 | 1.05 | 1.02 |
| Cash ratio | 0.15 | 0.15 | 0.15 | 0.26 | 0.13 | 0.11 | 0.18 | 0.20 | 0.19 | 0.19 |
| Leverage | ||||||||||
| Debt / Equity | 0.34 | 0.33 | 0.33 | 0.39 | 0.58 | 0.55 | 0.58 | 0.60 | 0.64 | 0.63 |
| Debt / Assets | 0.19 | 0.19 | 0.18 | 0.22 | 0.27 | 0.26 | 0.29 | 0.29 | 0.30 | 0.30 |
| Debt / EBITDA | 9.13 | - | 14.50 | 19.27 | - | - | 24.59 | 30.27 | 19.18 | - |
| Interest coverage | 6.2x | - | 4.7x | 3.2x | -12.7x | - | 3.4x | 2.4x | 2.4x | - |
| Equity multiplier | 1.78 | 1.80 | 1.81 | 1.81 | 2.15 | 2.07 | 2.03 | 2.07 | 2.14 | 2.12 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.10 | 0.11 | 0.10 | - | 0.10 | 0.10 | 0.09 | - |
| Inventory turnover | 0.77 | - | 0.74 | 0.73 | 0.80 | - | 0.85 | 0.84 | 0.78 | - |
| Days sales outstanding | 244d | - | 253d | 238d | 224d | - | 221d | 224d | 249d | - |
| Days inventory outstanding | 477d | - | 496d | 499d | 454d | - | 429d | 433d | 469d | - |
| Days payable outstanding | 290d | - | 274d | 284d | 267d | - | 236d | 255d | 262d | - |
| Cash conversion cycle | 430d | - | 475d | 453d | 410d | - | 414d | 402d | 456d | - |
| Valuation | ||||||||||
| P / E | 109.9x | - | 384.6x | 30.9x | - | - | 456.2x | 144.3x | 373.9x | - |
| P / B | 1.3x | - | 1.1x | 1.3x | 1.5x | - | 1.8x | 1.7x | 1.5x | - |
| P / S | 6.8x | - | 5.9x | 6.8x | 7.0x | - | 9.2x | 8.4x | 7.6x | - |
| EV / EBITDA | 44.0x | - | 61.0x | 80.6x | - | - | 99.8x | 113.7x | 63.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -3.6% | - | -7.9% | -4.3% | -1.9% | - | 3.7% | -1.4% | -4.2% | - |
| Revenue CAGR (3y) | -3.3% | - | -4.2% | -5.8% | -4.1% | - | -1.6% | -2.2% | 5.6% | - |
| Revenue CAGR (5y) | 2.1% | - | 16.3% | 18.2% | 16.1% | - | 26.4% | 17.5% | 25.5% | - |
| Gross profit growth (YoY) | -1.6% | - | -6.6% | -3.6% | 1.1% | - | 13.9% | 14.5% | 6.2% | - |
| Operating income growth (YoY) | - | - | -9.2% | 3.7% | - | - | 66.0% | 31.7% | 51.9% | - |
| Net income growth (YoY) | - | - | -32.2% | 260.0% | - | - | 136.0% | 529.6% | - | - |
| EPS growth (YoY) | - | - | -30.4% | 260.6% | - | - | 130.0% | 500.0% | - | - |
| EPS CAGR (3y) | - | - | - | 76.9% | - | - | -32.9% | 81.7% | - | - |
| EPS CAGR (5y) | - | - | -26.6% | 26.3% | - | - | -27.3% | -11.3% | -24.9% | - |
| FCF growth (YoY) | - | - | - | - | -173.7% | - | - | - | 60.4% | - |
| FCF CAGR (5y) | -19.1% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 7.2% | 2.0% | -3.6% | 1.1% | -7.8% | -5.0% | -13.0% | -19.1% | -19.5% | -17.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.89B totalFood Ingredients$3.28B · 30.1%
Taste$2.48B · 22.8%
Scent$2.48B · 22.8%
Health And Biosciences$2.28B · 21.0%
Pharma Solutions$369.00M · 3.4%
Geographic
$10.89B totalEMEA$3.73B · 34.2%
North America$3.19B · 29.3%
Asia$2.55B · 23.4%
Latin America$1.42B · 13.1%
Peer comparison
Same SIC group: Industrial Organic Chemicals
Comparing INTERNATIONAL FLAVORS & FRAGRANCES INC against the 5 most active filers in the same SIC group.
Dividends
$1.60/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 20, 2026 | $0.4000 |
| Dec 19, 2025 | $0.4000 |
| Sep 29, 2025 | $0.4000 |
| Jun 20, 2025 | $0.4000 |
| Mar 21, 2025 | $0.4000 |
| Dec 20, 2024 | $0.4000 |
| Sep 20, 2024 | $0.4000 |
| Jun 21, 2024 | $0.4000 |
| Mar 21, 2024 | $0.4000 |
| Dec 27, 2023 | $0.8100 |
| Sep 21, 2023 | $0.8100 |
| Jun 22, 2023 | $0.8100 |
| Mar 23, 2023 | $0.8100 |
| Dec 27, 2022 | $0.8100 |
| Sep 22, 2022 | $0.8100 |
| Jun 23, 2022 | $0.7900 |
| Mar 24, 2022 | $0.7900 |
| Dec 27, 2021 | $0.7900 |
| Sep 23, 2021 | $0.7900 |
| Jun 24, 2021 | $0.7700 |
| Mar 25, 2021 | $0.7700 |
| Dec 24, 2020 | $0.7700 |
| Sep 23, 2020 | $0.7700 |
| Jun 24, 2020 | $0.7500 |