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MARKETS / NYSE / IFF
NYSE · INDUSTRIAL ORGANIC CHEMICALS · LARGE CAP

International Flavors & Fragrances Inc. IFF

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$10.9B
▼ 5.2% YoY
$-359.0M
▼ 234.5% YoY
$256.0M
▼ 57.8% YoY
In brief

What this company does

International Flavors & Fragrances Inc. creates and manufactures products for application in food, beverage, health and biosciences, and scent, as well as complementary adjacent products, including natural health ingredients, used in a wide variety of consumer and end-use products. Sales in 2025 were $10.890 billion, with sales in the United States representing approximately 28% of the total and no other country accounting for more than 10% of sales. As of December 31, 2025, the company had approximately 21,500 employees worldwide, of whom approximately 5,500 were employed in the United States. During the year ended December 31, 2025, its business consisted of five segments: Taste, Food Ingredients, Health & Biosciences, Scent and, until the completion of the divestitures of the Pharma Solutions and Nitrocellulose disposal groups in May 2025, Pharma Solutions. Its Taste segment consists of the development and production of flavor compounds and natural taste solutions used by customers in savory products, beverages, sweets, and dairy products. Its Food Ingredients segment consists of a diversified portfolio of natural, artificial and plant-based specialty food ingredients that provide functional properties for food and beverage products, as well as specialty soy and pea protein with value-added formulations, emulsifiers and sweeteners. Its Health & Biosciences segment consists of the development and production of an advanced biotechnology-derived portfolio of enzymes, food cultures, probiotics and specialty ingredients for food and non-food applications. Its Scent segment creates fragrance compounds and fragrance ingredients used in perfumes and in household and personal care products.

Written from the business description in INTERNATIONAL FLAVORS & FRAGRANCES INC's annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth
USD 10.9B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 10.9 · Net income -0.4
5B10B-1B-2B2008201120142017202020232025
Compound annual growth
−4.3%
+16.5%
+13.7%
+10.0%
−20.6%
−18.0%
+6.7%
+4.7%
+12.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +16.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−3 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -3.5% · Net -3.3%
5%10%15%-10%-20%2008201120142017202020232025
ROE
FY2025 · ROE -2.6%
10%20%-5%-10%-15%2008201120142017202020232025

Each USD of equity lost 3 cents this year.

Cash & shareholders
USD 447.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 0.3
0.4B0.8B2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 409.0 · Net buybacks 38.0
400M800MDividendsNet buybacks2008201120142017202020232025

USD 409.0M in dividends and USD 38.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 25.5B
EquityUSD 14.2B
CashUSD 590.0M
Gross debtUSD 6.0B
Net debtUSD 5.4B
Current ratio1.42×

Net debt stands at 38% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B10.911.511.512.411.75.15.14.03.43.13.03.13.02.82.82.62.32.4
Operating income $B−0.40.8−2.1−1.30.60.60.70.60.60.60.60.60.50.50.40.40.3·
EBITDA $B0.61.8−1.0−0.11.70.91.00.80.70.70.70.70.60.60.50.50.4·
Income tax $B−0.10.00.10.20.10.10.10.10.20.10.10.10.10.20.10.10.10.1
Net income $B−0.40.3−2.6−1.90.30.40.50.30.30.40.40.40.40.30.30.30.20.2
Free cash flow $B0.30.61.0−0.11.00.50.50.30.30.40.40.40.30.20.10.20.20.1
EPS, diluted $−1.411.04−10.14−7.321.103.214.003.793.725.055.165.064.293.093.263.262.462.86
Dividend / sh $1.601.603.243.203.123.042.962.842.662.402.061.721.461.301.161.041.00·
Payout %−114193−32−4323988686870463832255234314033
ROE %−2.61.9−16.0−9.62.05.97.58.817.925.227.027.826.121.625.429.825.4·
Shares out B0.260.260.260.250.250.110.110.110.080.080.080.080.080.080.080.080.08·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 8 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityIndustrial Organic Chemicals
Listed onNYSE
Incorporated inNew York
Fiscal year endsDecember 31
Data on record since2008

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