International Flavors & Fragrances (IFF): financials, SEC filings and peers
International Flavors & Fragrances (IFF) is a specialty chemicals company in the Materials sector of the S&P 500, headquartered in New York City, New York.
It was founded in 1958 and joined the S&P 500 on March 31, 1976.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Industrial Organic Chemicals”.
International Flavors & Fragrances at a glance
- Revenue (12 months)
- $11.7B
- Revenue growth
- +24.3%
- Operating margin
- -2.6%
- Net income (12 months)
- $182M
- Free cash flow (12 months)
- $501M
- Cash
- $272M
- Debt
- $6.8B
- Diluted EPS (12 months)
- $0.71
Twelve months to September 30, 2026, from the 10-Q filed November 3, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, International Flavors & Fragrances reported revenue of $11.7 billion, up 24.3% from a year earlier.
Its operating margin was -2.6%, up 2.1 percentage points from a year earlier: for every $100 of sales, about $0 was left as operating profit.
Net income was $182 million (1.6% of revenue).
Operating cash flow was $1.1 billion and capital spending $637 million, leaving free cash flow of $501 million (4.3% of revenue).
At the end of the period it held $272 million in cash and $6.8 billion in debt, a net debt position of $6.5 billion.
The diluted share count fell 1.6% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $5.1 billion in fiscal 2020 to $10.9 billion in fiscal 2025, about 16.5% a year.
- Operating margin narrowed from 11.1% to -3.5% over the same years.
- Free cash flow was negative in 1 of the last 6 fiscal years.
- International Flavors & Fragrances reported a net loss in 3 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $11.7B | $12.4B | $11.5B | $11.5B | $10.9B |
| Revenue growth | 129.3% | 6.7% | -7.7% | 0.0% | -5.2% |
| Operating margin | 5.0% | -10.7% | -18.4% | 6.7% | -3.5% |
| Net income | $279M | −$1.9B | −$2.6B | $267M | −$359M |
| Free cash flow | $1.0B | −$107M | $952M | $607M | $256M |
| Diluted EPS | $1.10 | $-7.32 | $-10.14 | $1.04 | $-1.41 |
Fiscal years as reported in International Flavors & Fragrances’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed November 3, 2026 — Executive or director change; Bylaw or fiscal-year change
- 10-Q filed November 3, 2026 — quarterly report
- 8-K filed November 3, 2026 — Earnings results
- 8-K filed August 4, 2026 — Regulation FD disclosure
- 10-Q filed August 4, 2026 — quarterly report
- 8-K filed August 4, 2026 — Earnings results; Other event
- 8-K filed June 23, 2026 — Material agreement; New debt obligation
- 8-K filed June 1, 2026 — Material agreement; Other event
Companies like International Flavors & Fragrances
Other S&P 500 companies in Specialty Chemicals:
- ALBAlbemarle CorporationCharlotte, North Carolina
- ECLEcolabSaint Paul, Minnesota
- LYBLyondellBasellRotterdam, Netherlands
- PPGPPG IndustriesPittsburgh, Pennsylvania
- SHWSherwin-WilliamsCleveland, Ohio
More from Materials
- APDAir ProductsIndustrial Gases
- AMCRAmcorPaper & Plastic Packaging Products & Materials
- AVYAvery DennisonPaper & Plastic Packaging Products & Materials
- BALLBall CorporationMetal, Glass & Plastic Containers
- CFCF IndustriesFertilizers & Agricultural Chemicals
- CTVACortevaFertilizers & Agricultural Chemicals
Questions about International Flavors & Fragrances
Is International Flavors & Fragrances's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $11.7 billion, up 24.3% from a year earlier, according to its SEC filings.
Is International Flavors & Fragrances profitable?
Yes. It earned $182 million in net income over the twelve months to September 30, 2026, a net margin of 1.6%.
Does International Flavors & Fragrances have more cash or more debt?
At September 30, 2026 it had $272 million in cash and $6.8 billion in debt, so more debt than cash.
When did International Flavors & Fragrances last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 3, 2026.
Which companies are similar to International Flavors & Fragrances?
In the S&P 500, International Flavors & Fragrances is grouped in Specialty Chemicals within the Materials sector. Albemarle Corporation (ALB), Ecolab (ECL), LyondellBasell (LYB), PPG Industries (PPG), Sherwin-Williams (SHW) are in the same group.
Understand the numbers
Source: International Flavors & Fragrances’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.