International Flavors & Fragrances (IFF)

NYSE Materials Specialty Chemicals S&P 500

$82.62

-3.74 (-4.33%)

Close of Nov 06, 2026 · end-of-day data

Source: International Flavors & Fragrances's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$3.12B	$3.40B	$3.98B	$5.14B	$5.08B	$11.66B	$12.44B	$11.48B	$11.48B	$10.89B
Cost of revenue	$1.72B	$1.93B	$2.29B	$3.03B	$3.00B	$7.92B	$8.29B	$7.80B	$7.36B	$6.95B
Gross profit	$1.40B	$1.47B	$1.68B	$2.11B	$2.09B	$3.73B	$4.15B	$3.68B	$4.12B	$3.94B
Research & development	$258.86M	$295.47M	$311.58M	$346.00M	$357.00M	$629.00M	$603.00M	$636.00M	$671.00M	$694.00M
Selling, general & admin	$572.52M	$570.14M	$707.46M	$876.00M	$949.00M	$1.75B	$1.77B	$1.79B	$2.00B	$1.83B
Operating income	$552.96M	$552.63M	$583.88M	$665.00M	$566.00M	$585.00M	-$1.33B	-$2.11B	$766.00M	-$382.00M
Interest expense	$52.99M	$65.36M	$132.56M	$138.00M	$132.00M	$289.00M	$336.00M	$380.00M	$305.00M	$229.00M
Pre-tax income	$523.72M	$537.04M	$447.76M	$557.00M	$441.00M	$354.00M	-$1.62B	-$2.52B	$308.00M	-$412.00M
Income tax	$118.69M	$241.38M	$107.98M	$97.00M	$74.00M	$75.00M	$239.00M	$69.00M	$41.00M	-$53.00M
Net income	$405.03M	$295.67M	$339.78M	$456.00M	$363.00M	$270.00M	-$1.87B	-$2.59B	$263.00M	-$361.00M
EBITDA	$655.42M	$670.60M	$757.67M	$988.00M	$891.00M	$1.74B	-$147.00M	-$968.00M	$1.78B	$580.00M
EPS (basic)	$5.07	$3.73	$3.81	$4.05	$3.25	$1.11	$-7.32	$-10.14	$1.04	$-1.41
EPS (diluted)	$5.05	$3.72	$3.79	$4.00	$3.21	$1.10	$-7.32	$-10.14	$1.04	$-1.41
Diluted shares	79.98M	79.37M	88.12M	113.00M	114.00M	243.00M	255.00M	255.00M	256.00M	256.00M
Gross margin	44.8%	43.3%	42.3%	41.1%	41.0%	32.0%	33.4%	32.1%	35.9%	36.2%
Operating margin	17.7%	16.3%	14.7%	12.9%	11.1%	5.0%	-10.7%	-18.4%	6.7%	-3.5%
Net margin	13.0%	8.7%	8.5%	8.9%	7.1%	2.3%	-15.0%	-22.6%	2.3%	-3.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$323.99M	$368.05M	$634.90M	$607.00M	$650.00M	$711.00M	$483.00M	$703.00M	$312.00M	$347.00M
Receivables	$550.66M	$663.66M	$63.46M	$876.20M	$929.00M	$1.91B	$1.82B	$1.73B	$1.62B	$1.29B
Inventory	$592.02M	$649.45M	$1.08B	$1.12B	$1.13B	$2.52B	$3.15B	$2.48B	$2.13B	$1.51B
Total current assets	$1.61B	$1.90B	$2.94B	$2.94B	$3.06B	$6.99B	$7.43B	$6.29B	$7.97B	$5.59B
Goodwill	$1.00B	$1.16B	$5.38B	$5.50B	$5.59B	$16.43B	$13.37B	$10.63B	$9.07B	$8.23B
Total assets	$4.02B	$4.60B	$12.89B	$13.29B	$13.55B	$39.66B	$35.52B	$30.98B	$28.72B	$25.54B
Total current liabilities	$898.30M	$768.77M	$1.13B	$1.55B	$1.90B	$3.63B	$3.73B	$3.76B	$4.35B	$3.93B
Short-term debt	$258.52M	$6.97M	$48.64M	$384.96M	$634.00M	$308.00M	$410.00M	$885.00M	$1.41B	$1.25B
Long-term debt	$1.07B	$1.63B	$4.50B	$4.00B	$3.78B	$10.77B	$10.37B	$9.19B	$7.56B	$4.74B
Total debt	$1.33B	$1.64B	$4.55B	$4.38B	$4.41B	$11.08B	$10.78B	$10.07B	$8.98B	$5.99B
Total liabilities	$2.39B	$2.91B	$6.86B	$7.07B	$7.25B	$18.58B	$17.87B	$16.37B	$14.89B	$11.38B
Shareholders' equity	$1.63B	$1.68B	$6.03B	$6.22B	$6.31B	$21.08B	$17.66B	$14.61B	$13.83B	$14.15B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$550.14M	$390.76M	$437.57M	$699.00M	$714.00M	$1.44B	$397.00M	$1.46B	$1.07B	$850.00M
Capital expenditures	$126.41M	$128.97M	$170.09M	$236.00M	$192.00M	$393.00M	$504.00M	$503.00M	$463.00M	$594.00M
Free cash flow	$423.73M	$261.78M	$267.48M	$463.00M	$522.00M	$1.04B	-$107.00M	$952.00M	$607.00M	$256.00M
Investing cash flow	-$355.46M	-$299.93M	-$5.01B	-$226.00M	-$187.00M	-$18.00M	$745.00M	$558.00M	$326.00M	$2.27B
Financing cash flow	-$34.43M	-$42.56M	$4.87B	-$505.00M	-$512.00M	-$1.30B	-$1.23B	-$1.85B	-$1.61B	-$3.09B
Dividends paid	$184.90M	$206.12M	$230.22M	$314.00M	$323.00M	$667.00M	$810.00M	$826.00M	$514.00M	$409.00M
Share buybacks	$127.44M	$58.07M	$15.47M	$0	$0	—	—	$0	$0	$38.00M
Stock-based compensation	$24.59M	$26.57M	$29.40M	$34.00M	$36.00M	$54.00M	$49.00M	$65.00M	$77.00M	$88.00M
Depreciation & amortization	$102.47M	$117.97M	$173.79M	$323.00M	$325.00M	$1.16B	$1.18B	$1.14B	$1.01B	$962.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$2.70B	$2.90B	$2.89B	$2.92B	$2.77B	$2.84B	$1.92B	$1.87B	$5.05B	$2.74B	$1.95B	$1.94B
Cost of revenue	$1.84B	$1.88B	$1.82B	$1.87B	$1.79B	$1.81B	$1.09B	$1.07B	$3.59B	$1.72B	$1.10B	$1.12B
Gross profit	$860.00M	$1.02B	$1.07B	$1.05B	$980.00M	$1.03B	$824.00M	$799.00M	$1.46B	$1.02B	$853.00M	$825.00M
Research & development	$157.00M	$166.00M	$173.00M	$162.00M	$170.00M	$164.00M	$170.00M	$162.00M	$207.00M	$166.00M	$170.00M	$170.00M
Selling, general & admin	$444.00M	$490.00M	$493.00M	$495.00M	$517.00M	$461.00M	$409.00M	$348.00M	$687.00M	$427.00M	$437.00M	$387.00M
Operating income	-$2.54B	$199.00M	$191.00M	$249.00M	$127.00M	-$903.00M	$142.00M	$191.00M	-$893.00M	$273.00M	$158.00M	$160.00M
Interest expense	$89.00M	$83.00M	$79.00M	$74.00M	—	$71.00M	$61.00M	$48.00M	—	$44.00M	$46.00M	$46.00M
Pre-tax income	-$2.64B	$115.00M	$183.00M	$95.00M	-$115.00M	-$994.00M	$438.00M	$130.00M	-$1.07B	$209.00M	$64.00M	-$134.00M
Income tax	-$8.00M	$54.00M	$11.00M	$36.00M	-$55.00M	$23.00M	-$112.00M	$31.00M	$8.00M	$39.00M	$31.00M	-$7.00M
Net income	-$2.63B	$60.00M	$170.00M	$58.00M	-$26.00M	-$1.02B	$599.00M	$40.00M	$18.00M	$169.00M	$50.00M	-$55.00M
EBITDA	-$2.25B	$477.00M	$437.00M	$497.00M	$370.00M	-$667.00M	$384.00M	$438.00M	-$656.00M	$519.00M	$376.00M	$310.00M
EPS (basic)	$-10.30	$0.23	$0.67	$0.23	$-0.23	$-3.98	$2.34	$0.16	$0.07	$0.66	$0.20	$-0.22
EPS (diluted)	$-10.30	$0.23	$0.66	$0.23	$-0.23	$-3.98	$2.33	$0.16	$0.07	$0.66	$0.20	$-0.22
Diluted shares	0	256.00M	256.00M	257.00M	0	256.00M	257.00M	257.00M	0	257.00M	257.00M	253.00M
Gross margin	31.8%	35.3%	37.0%	36.0%	35.4%	36.4%	42.9%	42.8%	29.0%	37.1%	43.7%	42.5%
Operating margin	-93.8%	6.9%	6.6%	8.5%	4.6%	-31.8%	7.4%	10.2%	-17.7%	10.0%	8.1%	8.2%
Net margin	-97.4%	2.1%	5.9%	2.0%	-0.9%	-35.8%	31.2%	2.1%	0.4%	6.2%	2.6%	-2.8%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$703.00M	$732.00M	$671.00M	$567.00M	$312.00M	$613.00M	$816.00M	$399.00M	$347.00M	$562.00M	$569.00M	$272.00M
Receivables	$1.73B	$1.98B	$1.77B	$1.77B	$1.62B	$1.74B	$1.80B	$1.87B	$1.29B	$1.83B	$1.42B	$1.42B
Inventory	$2.48B	$2.41B	$2.16B	$2.20B	$2.13B	$2.25B	$2.37B	$2.32B	$1.51B	$2.25B	$1.50B	$1.45B
Total current assets	$6.29B	$6.41B	$8.15B	$8.42B	$7.97B	$8.63B	$5.93B	$5.88B	$5.59B	$5.44B	$9.09B	$9.28B
Goodwill	$10.63B	$10.54B	$9.28B	$9.35B	$9.07B	$8.03B	$8.28B	$8.26B	$8.23B	$8.22B	$8.14B	$8.08B
Total assets	$30.98B	$30.64B	$29.54B	$29.93B	$28.72B	$28.27B	$26.12B	$25.77B	$25.54B	$25.14B	$25.15B	$24.82B
Total current liabilities	$3.76B	$3.82B	$3.42B	$3.22B	$4.35B	$4.61B	$3.18B	$4.07B	$3.93B	$3.65B	$4.41B	$4.96B
Short-term debt	$885.00M	$312.00M	$783.00M	$468.00M	$1.41B	$1.69B	$500.00M	$1.31B	$1.25B	$1.08B	$964.00M	$1.54B
Long-term debt	$9.19B	$9.15B	$8.60B	$8.63B	$7.56B	$7.60B	$5.68B	$4.74B	$4.74B	$4.74B	$4.74B	$4.74B
Total debt	$10.07B	$9.46B	$9.38B	$9.10B	$8.98B	$9.29B	$6.18B	$6.05B	$5.99B	$5.82B	$5.70B	$6.27B
Total liabilities	$16.37B	$16.35B	$15.29B	$15.15B	$14.89B	$15.09B	$11.72B	$11.53B	$11.38B	$11.02B	$11.18B	$11.57B
Shareholders' equity	$14.61B	$14.29B	$14.25B	$14.78B	$13.83B	$13.18B	$14.40B	$14.24B	$14.15B	$14.12B	$13.98B	$13.26B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$660.00M	$99.00M	$237.00M	$345.00M	$389.00M	$127.00M	$241.00M	$164.00M	$318.00M	$257.00M	$422.00M	$141.00M
Capital expenditures	$113.00M	$118.00M	$82.00M	$103.00M	$160.00M	$179.00M	$95.00M	$132.00M	$188.00M	$165.00M	$136.00M	$148.00M
Free cash flow	$547.00M	-$19.00M	$155.00M	$242.00M	$229.00M	-$52.00M	$146.00M	$32.00M	$130.00M	$92.00M	$286.00M	-$7.00M
Investing cash flow	-$80.00M	-$78.00M	$742.00M	-$57.00M	-$281.00M	-$157.00M	$2.70B	-$115.00M	-$157.00M	$23.00M	-$156.00M	-$141.00M
Financing cash flow	-$558.00M	$40.00M	-$1.06B	-$421.00M	-$162.00M	$169.00M	-$2.82B	-$237.00M	-$200.00M	-$301.00M	-$264.00M	-$44.00M
Dividends paid	$207.00M	$207.00M	$102.00M	$102.00M	$103.00M	$102.00M	$102.00M	$102.00M	$103.00M	$102.00M	$102.00M	$102.00M
Share buybacks	—	—	—	—	—	$0	$0	$0	$38.00M	$35.00M	$36.00M	$513.00M
Stock-based compensation	$15.00M	$18.00M	$25.00M	$16.00M	$18.00M	$19.00M	$32.00M	$21.00M	$16.00M	$16.00M	$35.00M	$20.00M
Depreciation & amortization	$287.00M	$278.00M	$246.00M	$248.00M	$243.00M	$236.00M	$242.00M	$247.00M	$237.00M	$246.00M	$218.00M	$150.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.