International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries.
It is a $21.6B materials company. Revenue shrank 19.1% over the last year, it keeps 3¢ of every dollar of sales as profit, and its net debt equals ~10.0 years of free cash flow. It trades at 74.4× earnings — around the middle of its own history.
- Website
- iff.com
- Location
- New York, NY
- Employees
- 21 500
- Sector
- Basic Materials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong quality; Valuation, Growth, Profitability, Health and Moat lag behind.
Valuation49
- P/E vs own history45th pct · 12/25
- FCF yield2.5% · 5/25
- P/S2.2x · 20/25
- EV/EBITDA21.3x · 12/25
Growth25
- Revenue CAGR-1.7% · 0/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth213.5% · 25/25
Profitability16
- ROIC-1.8% · 0/25
- ROE2.0% · 5/25
- Net margin2.9% · 6/25
- Operating margin7.5% · 5/25
Health37
- Altman Zn/a · 0/25
- Current ratio2.06 · 25/25
- Interest coverage-0.4x · 0/25
- Net cash / debtD/A 21% · 12/25
Quality77
- Piotroski F6/9 · 15/25
- Beneish M-2.95 · 25/25
- FCF conversion205% · 25/25
- Margin stabilityσ 11.5% · 12/25
Moat31
- ROIC >12% years2/10 yrs · 0/25
- Median gross margin38.6% · 13/25
- FCF-positive years9/10 yrs · 18/25
- Worst-year net marginworst -22.4% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- Q2 2026Insiders2 open-market insider purchases~274K shares bought by insiders
- FY2021FinancialRevenue crossed $10B$11.7B for the year
- FY2019FinancialBest year on record$456M net income
- FY2016FinancialFirst recorded profitable year$405M net income
- FY2016FinancialRevenue already above $1B$3.12B in first reported year
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
No standout strengths in the available data.
Watch-outs
- Revenue shrinking 19.1% year over year
- Thin interest coverage (-0.4×)
- Loss-making in 3 of the recent years
- Net debt equals ~10.0 years of free cash flow
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago-19.1% YoY
- Profitable — makes more than it spends$264M TTM
- Profit growing — earnings are higher than last year-248.6% YoY
- Generates cash — cash left after running and investing$540M TTM
- Debt under control — could handle its obligations~10.0y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$21.6B market cap
- Not printing shares — share count not ballooning — you keep your slice+12.6% shares over ~5y
- Proven track record — years of profitability behind it7/10 profitable years
- Financially stable — balance sheet not near distresshealth score 35/100
- Pays a dividend — returns cash to shareholdersyield 1.90%
- Valuation not extreme — price not wildly above earningsP/E 74.4
Peer comparisonInternational Flavors & Fragrances Inc. vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| IFF this company | $21.6B | 74.4 | -19.1% | 2.9% | Mixed |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
Head-to-head: IFF vs LIN · IFF vs SCCO · IFF vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/IFF
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of IFF on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $84.55 · market cap $21.6B.