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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 16 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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $10.89B $10.89B $11.48B $11.48B $12.44B $11.66B $5.08B $5.14B $3.98B $3.40B $3.12B $3.02B $3.09B $2.95B $2.82B $2.79B $2.62B
Revenue Growth % 0.0% -5.2% 0.0% -7.7% 6.7% 129.3% -1.1% 29.2% 17.0% 9.1% 3.1% -2.1% 4.6% 4.7% 1.2% 6.3% 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 $1.67B $1.73B $1.67B $1.65B $1.68B $1.53B
+ Gross Profit $3.94B $3.94B $4.12B $3.68B $4.15B $3.73B $2.09B $2.11B $1.68B $1.48B $1.40B $1.35B $1.36B $1.28B $1.18B - -
Gross Margin % 36.2% 36.2% 35.9% 32.1% 33.4% 32.0% 41.0% 41.1% 42.3% 43.5% 44.9% 44.7% 44.1% 43.5% 41.7% nan% nan%
Operating Expenses - - - - - - - - - - - - - $2.47B $2.38B $2.41B $2.26B
Research & Development $694.00M $694.00M $671.00M $636.00M $603.00M $629.00M $356.86M $346.13M $311.58M $286.03M $254.26M $246.10M $253.64M $259.84M $233.71M $219.78M $218.77M
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 $509.56M $514.89M $505.88M $453.54M $443.97M $447.39M
+ Operating Income $-382.00M $-382.00M $766.00M $-2.11B $-1.33B $585.00M $566.48M $665.27M $583.88M $581.44M $567.36M $588.35M $592.32M $516.34M $486.62M - -
Operating Margin % -3.5% -3.5% 6.7% -18.4% -10.7% 5.0% 11.1% 12.9% 14.7% 17.1% 18.2% 19.5% 19.2% 17.5% 17.2% nan% nan%
Interest Expense $234.00M $229.00M $308.00M $380.00M $336.00M $289.00M $131.80M $138.22M $132.56M $65.36M $52.99M $46.06M $46.07M $46.77M $41.75M $44.64M $48.71M
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 $-3.18M $2.81M $15.64M $-1.45M $-9.54M $-8.06M
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 $539.10M $549.06M $485.21M $443.42M $373.55M $359.59M
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 $119.85M $134.52M $131.67M $189.28M $106.68M $96.04M
+ Net Income $-335.00M $-359.00M $247.00M $-2.56B $-1.86B $279.00M $367.37M $460.27M $339.78M $295.67M $405.03M $419.25M $414.54M $353.54M $254.13M $266.87M $263.56M
Net Margin % -3.1% -3.3% 2.2% -22.3% -15.0% 2.4% 7.2% 9.0% 8.5% 8.7% 13.0% 13.9% 13.4% 12.0% 9.0% 9.6% 10.0%
Basic EPS nan -1.41 0.95 -10.05 -7.32 1.11 3.25 4.05 3.81 3.73 5.07 5.19 5.09 4.32 3.11 3.30 3.29
Diluted EPS nan -1.41 0.95 -10.05 -7.32 1.10 3.21 4.00 3.79 3.72 5.05 5.16 5.06 4.29 3.09 3.26 3.26
Basic Shares Outstanding - 256.0M 256.0M 255.0M 255.0M 243.0M 112.2M 112.0M 87.6M 79.1M 79.6M 80.4M - - - - -
Diluted Shares Outstanding - 256.0M 256.0M 255.0M 255.0M 243.0M 113.6M 113.3M 88.1M 79.4M 80.0M 80.9M - - - - -
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $590.00M $469.00M $703.00M $483.00M $711.00M $649.54M $606.82M $634.90M $368.05M $323.99M $181.99M $478.57M $405.50M $324.42M $88.28M $131.33M
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 $589.02M $568.73M $533.81M $540.66M $544.44M $531.67M
Other Current Assets $877.00M $737.00M $875.00M $770.00M $728.00M $341.76M $319.33M $277.04M $215.39M $142.35M $146.98M $141.25M $148.91M $142.40M $158.10M $136.22M
Total Current Assets $5.59B $7.99B $6.29B $7.43B $6.99B $3.06B $2.94B $2.94B $1.90B $1.61B $1.46B $1.71B $1.65B $1.57B $1.32B $1.33B
Property Plant & Equipment $4.03B $3.74B $4.24B $4.20B $4.37B $1.46B $1.39B $1.24B $880.58M $775.72M $732.79M $720.27M $687.22M $654.64M $608.07M $538.12M
Goodwill $8.27B $9.08B $10.63B $13.36B $16.41B $5.59B $5.50B $5.38B $1.16B $1.00B $941.39M $675.48M $665.58M $665.58M $665.58M $665.58M
Intangible Assets $6.04B $6.45B $8.36B $9.08B $10.51B $2.73B $2.85B $3.04B $415.79M $365.78M $306.00M $76.56M $30.61M $36.69M $42.76M $48.83M
Other Non-current Assets $1.02B $837.00M $764.00M $699.00M $616.00M $717.26M $608.42M $288.67M $149.95M $127.71M $119.06M $129.24M $140.98M $159.52M $179.83M $171.93M
Total Assets $25.54B $28.67B $30.98B $35.41B $39.66B $13.56B $13.29B $12.89B $4.60B $4.02B $3.72B $3.49B $3.33B $3.25B $2.97B $2.87B
Accounts Payable $1.29B $1.28B $1.38B $1.42B $1.53B $555.69M $510.37M $471.38M $338.19M $274.81M $302.47M $229.87M $226.73M $199.27M $208.76M $200.15M
Short-term Debt $1.25B $1.41B $885.00M $410.00M $308.00M $634.16M $384.96M $48.64M $6.97M $258.52M $132.35M $8.09M $149.00K $150.07M $116.69M $133.90M
Other Current Liabilities $919.00M $783.00M $977.00M $1.03B $832.00M $631.57M $576.82M $530.51M $369.19M $314.29M $262.48M $242.88M $299.63M $277.39M $203.84M $301.26M
Total Current Liabilities $3.93B $4.33B $3.76B $3.73B $3.63B $1.90B $1.55B $1.13B $768.77M $898.30M $742.13M $518.81M $560.37M $629.88M $564.57M $660.95M
Long-term Debt $5.64B $7.56B $9.19B $10.37B $10.77B $3.78B $4.00B $4.50B $1.63B $1.07B $937.84M $934.23M $932.66M $881.10M $778.25M $787.67M
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 $160.85M $118.02M $92.08M $110.61M $151.87M $147.78M
Common Stock $35.00M $35.00M $35.00M $35.00M $35.00M $16.07M $16.07M $16.07M $14.47M $14.47M $14.47M $14.47M $14.47M $14.47M $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 $3.60B $3.35B $3.08B $2.84B $2.69B $2.52B
Treasury Stock $952.00M $944.00M $963.00M $978.00M $997.00M $1.02B $1.02B $1.03B $1.73B $1.68B $1.56B $1.45B $1.37B $1.33B $1.36B $1.38B
Total Stockholders Equity $14.15B $13.88B $14.61B $17.68B $21.08B $6.31B $6.22B $6.03B $1.68B $1.63B $1.59B $1.52B $1.46B $1.25B $1.10B $999.42M
Total Liabilities & Equity $25.54B $28.67B $30.98B $35.41B $39.66B $13.56B $13.29B $12.89B $4.60B $4.02B $3.72B $3.49B $3.33B $3.25B $2.97B $2.87B
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $-1.35B $-359.00M $247.00M $-2.56B $-1.86B $279.00M $367.37M $460.27M $339.78M $295.67M $405.03M $419.25M $414.54M $353.54M $254.13M $266.87M $263.56M
Depreciation & Amortization $1.68B $962.00M $1.01B $1.14B $1.18B $1.16B $325.36M $323.33M $173.79M $117.97M $102.47M $89.60M $89.35M $83.23M $76.67M $75.33M $79.24M
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 $23.16M $22.65M $23.74M $19.72M $20.55M $22.00M
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 $13.04M $23.35M $-484.00K $-15.88M $25.36M $-13.30M
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 $91.71M $2.63M $53.16M $33.06M $35.70M $12.14M
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 $37.63M $40.04M $-4.82M $-4.57M $25.20M $86.25M
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 $89.27M $7.75M $10.07M $-740.00K $-5.86M $116.82M
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 $433.58M $518.39M $407.56M $323.80M $189.19M $315.14M
Capital Expenditure $1.05B $594.00M $463.00M $503.00M $504.00M $393.00M $191.79M $235.98M $170.09M $128.97M $126.41M $101.03M $143.18M $134.16M $126.14M $127.46M $106.30M
Acquisitions - - - - $110.00M - - $49.06M $4.86B $192.33M $236.84M $493.42M $102.50M - - - -
Purchases of Investments - - - - - - - - - - - - - - $1.13M $1.94M $3.86M
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 $-577.16M $-221.33M $-105.41M $-114.26M $-131.16M $-106.78M
Debt Repayment $5.34B $2.91B $1.03B $655.00M $300.00M $828.00M $347.00M $155.26M $376.62M $250.00M $125.00M - - $100.00M - $123.71M -
Stock Repurchased - $38.00M - - - - - - $15.47M $58.07M $127.44M $122.19M $88.20M $51.36M - - -
Dividends Paid $715.00M $409.00M $514.00M $826.00M $810.00M $667.00M $322.58M $313.51M $230.22M $206.12M $184.90M $158.87M $133.24M $87.35M $130.94M $90.25M $81.18M
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 $-131.30M $-202.33M $-217.04M $25.40M $-100.71M $-156.74M
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 $-296.58M $73.07M $81.08M $236.14M $-43.05M $51.20M
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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