International Flavors & Fragrances

We are IFF. We are the catalyst for discoveries that spark the senses and transform the everyday. International Flavors & Fragrances Inc. is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?” That passion for exploration drives us to co-create unique scents and tastes in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages. Our 6,700 team members globally take advantage of leading consumer insights, research and development, creative expertise, and customer intimacy to develop differentiated products.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1833
Size (employees)
6,900 (est)
Website
iff.com
International Flavors & Fragrances was founded in 1833 and is headquartered in New York, US

International Flavors & Fragrances Office Locations

International Flavors & Fragrances has offices in New York, Jersey, Singapore, Bangkok and in 34 other locations
New York, US (HQ)
521 W 57th St
Show all (36)

International Flavors & Fragrances Data and Metrics

International Flavors & Fragrances Financial Metrics

International Flavors & Fragrances's revenue was reported to be $828.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

828.3 m

Gross profit (Q1, 2017)

364.7 m

Gross profit margin (Q1, 2017), %

44%

Net income (Q1, 2017)

115.8 m

EBIT (Q1, 2017)

137.4 m

Market capitalization (15-Aug-2017)

10.9 b

Cash (31-Mar-2017)

300.1 m
International Flavors & Fragrances's current market capitalization is $10.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3 b3.1 b3 b3.1 b

Revenue growth, %

5%(2%)3%

Cost of goods sold

1.7 b1.7 b1.7 b1.7 b

Gross profit

1.3 b1.4 b1.4 b1.4 b

Gross profit Margin, %

43%44%45%45%

R&D expense

254.3 m

General and administrative expense

566.2 m

Operating expense total

799 m820.5 m

EBIT

516.3 m592.3 m588.3 m567.4 m

EBIT margin, %

17%19%19%18%

Interest expense

46.8 m46.1 m46.1 m53 m

Pre tax profit

485.2 m549.1 m539.1 m523.7 m

Net Income

353.5 m414.5 m419.2 m405 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

767.5 m765.1 m783.3 m793.5 m777 m828.3 m

Cost of goods sold

422.5 m418 m423.1 m427.8 m430.7 m463.6 m

Gross profit

345 m347.1 m360.2 m365.6 m346.3 m364.7 m

Gross profit Margin, %

45%45%46%46%45%44%

R&D expense

62.5 m62.8 m63.4 m63.3 m64.4 m69.7 m

General and administrative expense

134.1 m127.7 m123.5 m132.8 m152 m140.3 m

Operating expense total

196.6 m190.4 m186.9 m196 m216.5 m210 m

EBIT

148.8 m156.7 m167.2 m164.5 m124.3 m137.4 m

EBIT margin, %

19%20%21%21%16%17%

Interest expense

11.4 m11.9 m12.5 m15.1 m13.1 m12.8 m

Pre tax profit

137 m142.9 m154.9 m152.1 m113.4 m138.5 m

Net Income

217 m324.4 m128.3 m233.6 m340.1 m118.6 m235.3 m325.1 m115.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

405.5 m478.6 m182 m324 m

Inventories

533.8 m568.7 m589 m592 m

Current Assets

1.7 b1.7 b1.5 b1.6 b

PP&E

687.2 m720.3 m732.8 m775.7 m

Goodwill

665.6 m675.5 m941.4 m1 b

Total Assets

3.3 b3.5 b3.7 b4 b

Accounts Payable

226.7 m229.9 m302.5 m560.7 m

Dividends Payable

31.7 m38 m44.8 m50.7 m

Total Debt

1.1 b

Current Liabilities

560.4 m518.8 m742.1 m898.3 m

Additional Paid-in Capital

131.5 m140 m140.8 m152.5 m

Retained Earnings

3.1 b3.4 b3.6 b3.8 b

Total Equity

1.6 b1.6 b

Debt to Equity Ratio

0.7 x

Debt to Assets Ratio

0.3 x

Financial Leverage

2.3 x2.5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

326.9 m404.8 m443.7 m377.3 m272.3 m528.9 m540 m498.7 m300.1 m

Inventories

554.9 m556.3 m536.5 m561.7 m589.5 m600.7 m584.5 m585.2 m604.3 m

Current Assets

1.6 b1.7 b1.8 b1.7 b1.6 b1.9 b1.9 b1.9 b1.7 b

Goodwill

675.5 m675.5 m675.5 m752.7 m932.3 m951.2 m940.5 m941.5 m1.1 b

Total Assets

3.4 b3.5 b3.5 b3.7 b3.9 b4.2 b4.2 b4.1 b4.3 b

Accounts Payable

195.3 m207.2 m215.9 m241.5 m254.3 m276.9 m255.1 m259.2 m277.4 m

Dividends Payable

31.7 m37.9 m38 m38.1 m45 m44.6 m44.6 m50.9 m50.5 m

Current Liabilities

468.7 m516.9 m487.3 m523.5 m687.3 m712.7 m688.3 m855.9 m985.8 m

Additional Paid-in Capital

131.8 m136.3 m135.6 m133.1 m136.8 m143.6 m140.4 m146.6 m155.4 m

Retained Earnings

3.2 b3.3 b3.4 b3.5 b3.6 b3.7 b3.8 b3.8 b3.9 b

Total Equity

1.6 b1.6 b1.6 b1.6 b1.6 b1.6 b1.7 b1.7 b1.6 b

Financial Leverage

2.1 x2.1 x2.2 x2.3 x2.5 x2.6 x2.5 x2.4 x2.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

353.5 m414.5 m419.2 m405 m

Depreciation and Amortization

83.2 m89.4 m89.6 m102.5 m

Inventories

4.8 m(40 m)89.3 m(7.6 m)

Accounts Payable

10.1 m7.8 m(17.4 m)12.1 m

Cash From Operating Activities

407.6 m518.4 m433.6 m535.4 m

Purchases of PP&E

(134.2 m)(143.2 m)(101 m)(126.4 m)

Cash From Investing Activities

(105.4 m)(221.3 m)(577.2 m)(355.5 m)

Long-term Borrowings

(100 m)(125 m)

Dividends Paid

(87.3 m)(133.2 m)(158.9 m)(184.9 m)

Cash From Financing Activities

(217 m)(202.3 m)(131.3 m)(19.7 m)

Interest Paid

48.2 m46.1 m46.8 m50.6 m

Income Taxes Paid

138.9 m92.1 m102.7 m107.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

217 m324.4 m128.3 m233.6 m340.1 m118.6 m235.3 m325.1 m115.8 m

Depreciation and Amortization

49.1 m68.7 m20 m41 m65.1 m26.7 m49.7 m75.1 m26.8 m

Inventories

1.9 m(21.6 m)13.2 m(9.8 m)(31.7 m)3.3 m(7.3 m)(160 k)(109 k)

Accounts Payable

(30.8 m)(7.6 m)(3.1 m)28.4 m54.5 m(29.4 m)(29.2 m)(29.5 m)(2 m)

Cash From Operating Activities

154 m317.5 m31.5 m166.3 m294.7 m31.6 m154.6 m329.4 m21.7 m

Purchases of PP&E

(60.2 m)(97.8 m)(19.4 m)(37.9 m)(66.6 m)(22.5 m)(43.2 m)(70.2 m)(26.7 m)

Cash From Investing Activities

(143.4 m)(180.5 m)(17.9 m)(215 m)(546.1 m)(21.1 m)(40.2 m)(66.2 m)(162.2 m)

Long-term Borrowings

(30 m)(30 m)(125 m)

Dividends Paid

(63.4 m)(95.1 m)(38 m)(75.9 m)(113.9 m)(44.8 m)(89.5 m)(134.1 m)(50.7 m)

Cash From Financing Activities

(89.6 m)(128.1 m)(39.5 m)(47 m)66.9 m339.3 m253.1 m65.8 m113.7 m

Interest Paid

23.7 m26.4 m19.7 m23.8 m42.9 m20.7 m25 m45 m16.7 m

Income Taxes Paid

45.5 m63 m20.6 m46.1 m71.2 m23.9 m52.7 m80.1 m20 m
USDY, 2017

Revenue/Employee

120 k

Financial Leverage

2.6 x

International Flavors & Fragrances Market Value History

International Flavors & Fragrances Job Categories

Traffic Overview of International Flavors & Fragrances

International Flavors & Fragrances Online and Social Media Presence

International Flavors & Fragrances Company Life and Culture

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