INTERNATIONAL FLAVORS & FRAGRANCES INC IFF
Last close
86.35
2026-09-04
Market cap
$22.03B
2026-06-30 share count
52-week range
59.14 - 89.31
Valuation FY2025 figures against the last close
P/S2.0x
P/E—
P/FCF86.1x
EV/EBITDA47.3x
Dividend yield1.9%
Diluted EPS-1.41
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.89B | $11.48B | $11.48B | $12.44B | $11.66B | $5.08B | $5.14B | $3.98B | $3.40B | $3.12B |
| Cost of revenue | $6.95B | $7.36B | $7.80B | $8.29B | $7.92B | $3.00B | $3.03B | $2.29B | $1.93B | $1.72B |
| Gross profit | $3.94B | $4.12B | $3.68B | $4.15B | $3.73B | $2.09B | $2.11B | $1.68B | $1.47B | $1.40B |
| R&D | $694.0M | $671.0M | $636.0M | $603.0M | $629.0M | $357.0M | $346.0M | $311.6M | $295.5M | $258.9M |
| SG&A | $1.83B | $2.00B | $1.79B | $1.77B | $1.75B | $949.0M | $876.0M | $707.5M | $570.1M | $572.5M |
| Operating income | -$382.0M | $766.0M | -$2.11B | -$1.33B | $585.0M | $566.0M | $665.0M | $583.9M | $552.6M | $553.0M |
| Interest expense | $229.0M | $305.0M | $380.0M | $336.0M | $289.0M | $132.0M | $138.0M | $132.6M | $65.4M | $53.0M |
| Pre-tax income | -$412.0M | $308.0M | -$2.52B | -$1.62B | $354.0M | $441.0M | $557.0M | $447.8M | $537.0M | $523.7M |
| Income tax | $53.0M | $41.0M | $69.0M | $239.0M | $75.0M | $74.0M | $97.0M | $108.0M | $241.4M | $118.7M |
| Net income | -$359.0M | $267.0M | -$2.59B | -$1.86B | $279.0M | $367.0M | $460.0M | $339.8M | $295.7M | $405.0M |
| EPS, basic | -1.41 | 1.04 | -10.14 | -7.32 | 1.11 | 3.25 | 4.05 | 3.81 | 3.73 | 5.07 |
| EPS, diluted | -1.41 | 1.04 | -10.14 | -7.32 | 1.10 | 3.21 | 4.00 | 3.79 | 3.72 | 5.05 |
| Shares, diluted (wtd. avg.) | $256.0M | $256.0M | $255.0M | $255.0M | $243.0M | $114.0M | $113.0M | $88.1M | $79.4M | $80.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $590.0M | $469.0M | $703.0M | $483.0M | $711.0M | $660.0M | $624.0M | $649.0M | $368.0M | $324.0M |
| Receivables | $1.73B | $1.62B | $1.73B | $1.82B | $1.91B | $929.3M | $60.8M | $63.5M | — | — |
| Inventory | $2.25B | $2.13B | $2.48B | $3.15B | $2.52B | $1.13B | $1.12B | $1.08B | $649.4M | $592.0M |
| Total current assets | $5.59B | $7.97B | $6.29B | $7.43B | $6.99B | $3.06B | $2.94B | $2.94B | $1.90B | $1.61B |
| Property, plant and equipment | $4.03B | $3.74B | $4.24B | $4.20B | $4.37B | $1.46B | $1.39B | $1.24B | $880.6M | $775.7M |
| Goodwill | $8.27B | $9.07B | $10.63B | $13.37B | $16.43B | $5.59B | $5.50B | $5.38B | $1.16B | $1.00B |
| Other intangibles | $6.04B | $6.45B | $8.36B | $9.08B | $10.51B | $2.73B | $2.85B | $3.04B | $415.8M | $365.8M |
| Total assets | $25.54B | $28.72B | $30.98B | $35.52B | $39.66B | $13.55B | $13.29B | $12.89B | $4.60B | $4.02B |
| Accounts payable | $1.29B | $1.28B | $1.38B | $1.42B | $1.53B | $556.0M | $510.4M | $471.4M | $338.2M | $274.8M |
| Short-term debt | $1.25B | $1.41B | $885.0M | $597.0M | $632.0M | $634.0M | $385.0M | $48.6M | $7.0M | $258.5M |
| Total current liabilities | $3.93B | $4.35B | $3.76B | $3.73B | $3.63B | $1.90B | $1.55B | $1.13B | $768.8M | $898.3M |
| Long-term debt | $4.74B | $7.56B | $9.19B | $10.37B | $10.77B | $3.78B | $4.00B | $4.50B | $1.63B | $1.07B |
| Retained earnings | -$3.42B | -$2.65B | -$2.44B | $955.0M | $3.64B | $4.16B | $4.12B | $3.96B | $3.87B | $3.82B |
| Total equity | $14.15B | $13.83B | $14.58B | $17.65B | $21.12B | $6.32B | $6.23B | $6.04B | $1.69B | $1.63B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $850.0M | $1.07B | $1.46B | $397.0M | $1.44B | $714.0M | $699.0M | $437.6M | $390.8M | $550.1M |
| Depreciation and amortisation | $962.0M | $1.01B | $1.14B | $1.18B | $1.16B | $325.0M | $323.0M | $173.8M | $118.0M | $102.5M |
| Stock-based compensation | $88.0M | $77.0M | $65.0M | $49.0M | $54.0M | $36.0M | $34.0M | $29.4M | $26.6M | $24.6M |
| Capital expenditure | $594.0M | $463.0M | $503.0M | $504.0M | $393.0M | $192.0M | $236.0M | $170.1M | $129.0M | $126.4M |
| Investing cash flow | $2.27B | $326.0M | $558.0M | $745.0M | -$18.0M | -$187.0M | -$226.0M | -$5.01B | -$299.9M | -$355.5M |
| Financing cash flow | -$3.09B | -$1.61B | -$1.85B | -$1.23B | -$1.30B | -$512.0M | -$505.0M | $4.87B | -$42.6M | -$34.4M |
| Dividends paid | $409.0M | $514.0M | $826.0M | $810.0M | $667.0M | $323.0M | $314.0M | $230.2M | $206.1M | $184.9M |
| Buybacks | $38.0M | $0 | $0 | — | — | $0 | $0 | $15.5M | $58.1M | $127.4M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000051253-26-000006.
Others in SIC 2860
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| LYB | LyondellBasell Industries N.V. | $20.52B | — | -9.7% |
| WLK | WESTLAKE CORP | $9.56B | — | -8.0% |
| NEU | NEWMARKET CORP | $8.14B | 19.9x | -2.2% |
| SXT | SENSIENT TECHNOLOGIES CORP | $5.74B | 42.7x | 3.5% |
| REX | REX AMERICAN RESOURCES Corp | $1.38B | 16.6x | 1.2% |
| GPRE | Green Plains Inc. | $1.08B | — | 16.0% |
| WLKP | Westlake Chemical Partners LP | $771.2M | — | 2.7% |
| GEVO | Gevo, Inc. | $405.5M | — | 849.3% |