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INTERNATIONAL FLAVORS & FRAGRANCES INC

CIK: 51253 SIC: 2860
$10.89B
Revenue
$-335.00M
Net Income
36.16%
Gross Margin
-3.51%
Op. Margin
$298.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $10.89B $10.89B $11.48B $11.48B $12.44B $11.66B $5.08B $5.14B $3.98B $3.40B $3.12B
Revenue Growth % 0.0% -5.2% 0.0% -7.7% 6.7% 129.3% -1.1% 29.2% 17.0% 9.1% nan%
Cost of Revenue $6.95B $6.95B $7.36B $7.80B $8.29B $7.92B $3.00B $3.03B $2.29B $1.93B $1.72B
+ Gross Profit $3.94B $3.94B $4.12B $3.68B $4.15B $3.73B $2.09B $2.11B $1.68B $1.48B $1.40B
Gross Margin % 36.2% 36.2% 35.9% 32.1% 33.4% 32.0% 41.0% 41.1% 42.3% 43.5% 44.9%
Research & Development $694.00M $694.00M $671.00M $636.00M $603.00M $629.00M $356.86M $346.13M $311.58M $286.03M $254.26M
Selling General & Admin $1.83B $1.83B $2.00B $1.79B $1.77B $1.75B $948.83M $876.12M $707.46M $557.31M $566.22M
+ Operating Income $-382.00M $-382.00M $766.00M $-2.11B $-1.33B $585.00M $566.48M $665.27M $583.88M $581.44M $567.36M
Operating Margin % -3.5% -3.5% 6.7% -18.4% -10.7% 5.0% 11.1% 12.9% 14.7% 17.1% 18.2%
Interest Expense $234.00M $229.00M $308.00M $380.00M $336.00M $289.00M $131.80M $138.22M $132.56M $65.36M $52.99M
Interest Income - $19.00M $15.00M $5.00M - - - - - - -
Other Income/Expense $-65.00M $-65.00M $-182.00M $-28.00M $37.00M $58.00M $6.69M $30.40M $35.24M $20.96M $9.35M
Income Before Tax $-382.00M $-412.00M $278.00M $-2.52B $-1.62B $354.00M $441.00M $557.00M $447.76M $537.04M $523.72M
Income Tax Expense $-49.00M $-53.00M $31.00M $45.00M $239.00M $75.00M $74.00M $97.18M $107.98M $241.38M $118.69M
+ Net Income $-335.00M $-359.00M $247.00M $-2.56B $-1.86B $279.00M $367.37M $460.27M $339.78M $295.67M $405.03M
Net Margin % -3.1% -3.3% 2.2% -22.3% -15.0% 2.4% 7.2% 9.0% 8.5% 8.7% 13.0%
Basic EPS nan -1.41 0.95 -10.05 -7.32 1.11 3.25 4.05 3.81 3.73 5.07
Diluted EPS nan -1.41 0.95 -10.05 -7.32 1.10 3.21 4.00 3.79 3.72 5.05
Basic Shares Outstanding - 256.0M 256.0M 255.0M 255.0M 243.0M 112.2M 112.0M 87.6M 79.1M 79.6M
Diluted Shares Outstanding - 256.0M 256.0M 255.0M 255.0M 243.0M 113.6M 113.3M 88.1M 79.4M 80.0M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $590.00M $469.00M $703.00M $483.00M $711.00M $649.54M $606.82M $634.90M $368.05M $323.99M
Accounts Receivable $1.73B $1.62B $1.73B $1.82B - - - - - -
Inventory $2.25B $2.13B $2.48B $3.15B $2.52B $1.13B $1.12B $1.08B $649.45M $592.02M
Other Current Assets $877.00M $737.00M $875.00M $770.00M $728.00M $341.76M $319.33M $277.04M $215.39M $142.35M
Total Current Assets $5.59B $7.99B $6.29B $7.43B $6.99B $3.06B $2.94B $2.94B $1.90B $1.61B
Property Plant & Equipment $4.03B $3.74B $4.24B $4.20B $4.37B $1.46B $1.39B $1.24B $880.58M $775.72M
Goodwill $8.27B $9.08B $10.63B $13.36B $16.41B $5.59B $5.50B $5.38B $1.16B $1.00B
Intangible Assets $6.04B $6.45B $8.36B $9.08B $10.51B $2.73B $2.85B $3.04B $415.79M $365.78M
Other Non-current Assets $1.02B $837.00M $764.00M $699.00M $616.00M $717.26M $608.42M $288.67M $149.95M $127.71M
Total Assets $25.54B $28.67B $30.98B $35.41B $39.66B $13.56B $13.29B $12.89B $4.60B $4.02B
Accounts Payable $1.29B $1.28B $1.38B $1.42B $1.53B $555.69M $510.37M $471.38M $338.19M $274.81M
Short-term Debt $1.25B $1.41B $885.00M $410.00M $308.00M $634.16M $384.96M $48.64M $6.97M $258.52M
Other Current Liabilities $919.00M $783.00M $977.00M $1.03B $832.00M $631.57M $576.82M $530.51M $369.19M $314.29M
Total Current Liabilities $3.93B $4.33B $3.76B $3.73B $3.63B $1.90B $1.55B $1.13B $768.77M $898.30M
Long-term Debt $5.64B $7.56B $9.19B $10.37B $10.77B $3.78B $4.00B $4.50B $1.63B $1.07B
Deferred Tax Liabilities $1.38B $1.59B $1.94B $2.27B $2.52B $593.37M $641.46M $655.88M $51.10M -
Other Non-current Liabilities $582.00M $566.00M $560.00M $472.00M $462.00M $532.13M $502.37M $217.07M $242.40M $137.47M
Common Stock $35.00M $35.00M $35.00M $35.00M $35.00M $16.07M $16.07M $16.07M $14.47M $14.47M
Retained Earnings $-3.42B $-2.60B $-2.44B $955.00M $3.64B $4.16B $4.12B $3.96B $3.87B $3.82B
Treasury Stock $952.00M $944.00M $963.00M $978.00M $997.00M $1.02B $1.02B $1.03B $1.73B $1.68B
Total Stockholders Equity $14.15B $13.88B $14.61B $17.68B $21.08B $6.31B $6.22B $6.03B $1.68B $1.63B
Total Liabilities & Equity $25.54B $28.67B $30.98B $35.41B $39.66B $13.56B $13.29B $12.89B $4.60B $4.02B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $-1.35B $-359.00M $247.00M $-2.56B $-1.86B $279.00M $367.37M $460.27M $339.78M $295.67M $405.03M
Depreciation & Amortization $1.68B $962.00M $1.01B $1.14B $1.18B $1.16B $325.36M $323.33M $173.79M $117.97M $102.47M
Stock-based Compensation $158.00M $88.00M $77.00M $65.00M $49.00M $54.00M $35.80M $34.48M $29.40M $26.57M $24.59M
Deferred Income Tax $-494.00M $-270.00M $-304.00M $-369.00M $-237.00M $-236.00M $-67.72M $-59.28M $19.40M $58.89M $14.35M
Change in Receivables $290.00M $68.00M $217.00M $-51.00M $117.00M $169.00M $60.98M $-59.55M $49.96M $68.85M $21.54M
Change in Inventory $257.00M $41.00M $34.00M $-605.00M $893.00M $363.00M $-17.92M $62.13M $117.64M $18.91M $-15.45M
Change in Payables $174.00M $-57.00M $40.00M $-39.00M $-57.00M $419.00M $27.92M $55.46M $55.14M $29.11M $-7.64M
Operating Cash Flow $1.34B $850.00M $1.07B $1.44B $397.00M $1.44B $714.10M $698.97M $437.57M $390.76M $535.41M
Capital Expenditure $1.05B $594.00M $463.00M $503.00M $504.00M $393.00M $191.79M $235.98M $170.09M $128.97M $126.41M
Acquisitions - - - - $110.00M - - $49.06M $4.86B $192.33M $236.84M
Investing Cash Flow $4.65B $2.27B $326.00M $574.00M $745.00M $-18.00M $-187.46M $-225.87M $-5.01B $-299.93M $-355.46M
Debt Repayment $5.34B $2.91B $1.03B $655.00M $300.00M $828.00M $347.00M $155.26M $376.62M $250.00M $125.00M
Stock Repurchased - $38.00M - - - - - - $15.47M $58.07M $127.44M
Dividends Paid $715.00M $409.00M $514.00M $826.00M $810.00M $667.00M $322.58M $313.51M $230.22M $206.12M $184.90M
Financing Cash Flow $-5.58B $-3.09B $-1.61B $-1.85B $-1.23B $-1.30B $-511.57M $-505.06M $4.87B $-42.56M $-19.69M
Net Change in Cash $643.00M $119.00M $-264.00M $183.00M $-164.00M $56.00M $35.93M $-24.58M $280.48M $44.05M $142.00M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $2.69B $2.92B $8.30B $8.71B
Cost of Revenue $1.71B $1.87B $5.25B $5.57B
Gross Profit $983.00M $1.05B $3.05B $3.14B
Research & Development $174.00M $162.00M $520.00M $501.00M
Selling General & Admin $421.00M $495.00M $1.36B $1.48B
Operating Income $226.00M $249.00M $-479.00M $639.00M
Interest Expense $48.00M $74.00M $180.00M $236.00M
Other Income/Expense $-14.00M $-28.00M $-44.00M $-44.00M
Income Before Tax $56.00M $95.00M $-434.00M $423.00M
Income Tax Expense $15.00M $36.00M $-44.00M $96.00M
Net Income $40.00M $58.00M $-392.00M $323.00M
Basic EPS 0.16 0.23 -1.53 1.27
Diluted EPS 0.16 0.23 -1.53 1.27
Basic Shares Outstanding $256.00M $256.00M $256.00M $255.00M
Diluted Shares Outstanding $257.00M $257.00M $256.00M $256.00M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $1.87B $1.62B
Inventory $2.32B $2.13B
Other Current Assets $911.00M $686.00M
Total Current Assets $5.88B $7.97B
Property Plant & Equipment $3.87B $3.74B
Goodwill $8.26B $9.07B
Intangible Assets $6.18B $6.45B
Other Non-current Assets $982.00M $907.00M
Total Assets $25.77B $28.72B
Accounts Payable $1.28B $1.28B
Short-term Debt $1.31B $1.41B
Other Current Liabilities $1.04B $802.00M
Total Current Liabilities $4.07B $4.35B
Long-term Debt $4.74B $7.56B
Deferred Tax Liabilities $1.34B $1.59B
Other Non-current Liabilities $611.00M $627.00M
Common Stock $35.00M $35.00M
Retained Earnings $-3.35B $-2.65B
Treasury Stock $915.00M $944.00M
Total Stockholders Equity $14.24B $13.83B
Total Liabilities & Equity $25.77B $28.72B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $40.00M $58.00M $-392.00M $323.00M
Depreciation & Amortization - - $725.00M $772.00M
Stock-based Compensation - - $72.00M $59.00M
Deferred Income Tax - - $-213.00M $-143.00M
Change in Receivables - - $195.00M $276.00M
Change in Inventory - - $129.00M $3.00M
Change in Payables - - $28.00M $-34.00M
Operating Cash Flow - - $532.00M $681.00M
Capital Expenditure - - $406.00M $303.00M
Investing Cash Flow - - $2.43B $607.00M
Debt Repayment - - $2.91B $974.00M
Dividends Paid - - $306.00M $411.00M
Financing Cash Flow - - $-2.89B $-1.44B
Net Change in Cash - - $150.00M $-166.00M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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