INTERNATIONAL FLAVORS & FRAGRANCES INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 5,951 | 29.6 |
| Stockholders' equity | 14,154 | 70.4 |
| Total capitalization | 20,105 | 100.0 |
255,149,963 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 4 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 5,637 |
| Long-term debt, noncurrent | 4,740 |
| Current maturities | 1,254 |
| Short-term borrowings / commercial paper | 314 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 500,000,000 |
| Common shares issued | 275,700,000 |
| Treasury shares | 20,000,000 |
| Par or stated value per share ($) | 0.125 |
| Outstanding at 7/31/26 | 255,149,963 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 1.60 | – |
| 2024 | 1.60 | 153.8 |
| 2023 | 3.24 | – |
| 2022 | 3.20 | – |
| 2021 | 3.12 | 283.6 |
HISTORY AND BUSINESS
HISTORY: Incorporated in New York.
BUSINESS: Classified by the SEC under Standard Industrial Classification 2860, Industrial Organic Chemicals. Large accelerated filer. Principal executive office: 521 W 57Th St, New York, NY 10019. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 10,890 | 11,484 | 11,479 |
| Cost of revenues | 6,952 | 7,360 | 7,798 |
| Gross profit | 3,938 | 4,124 | 3,681 |
| Research and development | 694 | 671 | 636 |
| Selling, general and administrative | 1,834 | 1,995 | 1,787 |
| Depreciation and amortization | 962 | 1,015 | 1,142 |
| Operating income | (382) | 766 | (2,110) |
| Interest expense | 229 | 305 | 380 |
| Income before income taxes | (412) | 308 | (2,518) |
| Income taxes | (53) | 41 | 69 |
| Net income | (359) | 267 | (2,587) |
| Earned per share, diluted ($) | (1.41) | 1.04 | (10.14) |
| Dividends per share ($) | 1.60 | 1.60 | 3.24 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 590 | 469 |
| Receivables, net | 1,731 | 1,624 |
| Inventories | 2,245 | 2,133 |
| Total current assets | 5,594 | 7,968 |
| Property, plant and equipment, net | 4,029 | 3,739 |
| Goodwill | 8,269 | 9,075 |
| Total assets | 25,539 | 28,723 |
| Total current liabilities | 3,933 | 4,352 |
| Long-term debt | 4,740 | 7,564 |
| Stockholders' equity | 14,154 | 13,834 |
| Total liabilities and equity | 25,539 | 28,723 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 10,890 | (382) | (361) | -3.3 | (1.41) | 1.60 | 850 | 594 | 256 | 25,539 | 11,353d | 5,951 | 14,154 | -2.6 | 0.42 |
| 12/31/24 | 11,484 | 766 | 263 | 2.3 | 1.04 | 1.60 | 1,070 | 463 | 607 | 28,723 | 14,854d | 8,891 | 13,834 | 1.9 | 0.64 |
| 12/31/23 | 11,479 | (2,110) | (2,591) | -22.6 | (10.14) | 3.24 | 1,455 | 503 | 952 | 30,978 | 16,398d | 9,980 | 14,611 | -17.7 | 0.68 |
| 12/31/22 | 12,440 | (1,326) | (1,871) | -15.0 | (7.32) | 3.20 | 397 | 504 | (107) | 35,522 | 17,875d | 10,767 | 17,655 | -10.6 | 0.61 |
| 12/31/21 | 11,656 | 585 | 270 | 2.3 | 1.10 | 3.12 | 1,437 | 393 | 1,044 | 39,658 | 18,541d | 11,295 | 21,082 | 1.3 | 0.54 |
| 12/31/20 | 5,084 | 566 | 363 | 7.1 | 3.21 | 3.04 | 714 | 192 | 522 | 13,555 | 7,233d | 4,444 | 6,310 | 5.8 | 0.70 |
| 12/31/19 | 5,140 | 665 | 456 | 8.9 | 4.00 | 2.96 | 699 | 236 | 463 | 13,287 | 7,058d | 4,417 | 6,217 | 7.3 | 0.71 |
| 12/31/18 | 3,978 | 584 | 340 | 8.5 | 3.79 | 2.84 | 438 | 170 | 267 | 12,889 | 6,846d | 4,595 | 6,033 | 5.6 | 0.76 |
| 12/31/17 | 3,399 | 553 | 296 | 8.7 | 3.72 | 2.66 | 391 | 129 | 262 | 4,599 | 2,910d | 1,644 | 1,684 | 17.6 | 0.98 |
| 12/31/16 | 3,116 | 553 | 405 | 13.0 | 5.05 | 2.40 | 550 | 126 | 424 | 4,017 | 2,386d | 1,325 | 1,626 | 24.9 | 0.81 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
INTERNATIONAL FLAVORS & FRAGRANCES INC
CIK 51253 · EIN 13-1432060
PRINCIPAL OFFICE:
521 W 57Th St, New York, NY 10019
Tel.: 212-765-5500
INCORPORATED:
New York
INDUSTRY (SEC SIC CODE):
2860 · Industrial Organic Chemicals
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 27 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/27/26) · 10-K FY2024 (filed 2/28/25) · 10-K FY2023 (filed 2/28/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/28/22) · 10-K FY2018 (filed 2/26/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.