International Flavors & Fragrances
- Revenue$5.1 BFY, 2020
- Market Capitalization$30.9 B2022-06-24
OverviewSuggest Edit
International Flavors & Fragrances is a producer of solutions for the food and beverage, fragrance, home and personal care, and health and wellness markets. The company operates in four business segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions. The Scent segment creates fragrance compounds and fragrance ingredients that are used in perfumes and household and personal care products. The Nourish segment comprises a portfolio of natural-based ingredients in a range of beverage, dairy, bakery, confectionery, and culinary applications. The Health & Biosciences business includes a biotechnology-driven probiotics portfolio, that produces cultures for use in fermented foods such as yogurt, cheese, and fermented beverages. The Pharma Solutions segment consists of N&B’s Pharma Solutions division that focuses on controlled or modified drug release formulations and enables the development of pharma solutions.
| Type | Public | |
| Founded | 1833 | |
| HQ | New York, NY, US | Map |
| Website | iff.com | |
| Employee Ratings | ||
| Overall Culture | A+ | More |
Recent NewsAll News
- Carl Icahn owns 4% stake in International Flavors & Fragrances, sources say
- Global Food Additives Market Report 2020-2025 Featuring Major Players - ADM, Bell Flavors & Fragrances, Cargill, Firmenich International, Givaudan, International Flavors & Fragrances, and Treatt
- Evolva enters a new agreement with International Flavors & Fragrances (IFF)
- International Flavors & Fragrances rallies 8% after addressing allegations related to Russia and Ukraine
Key People/Management at International Flavors & Fragrances
Andreas Fibig
CEO and Chairman
Frank Clyburn
Chief Executive Officer
Michael Deveau
Senior Vice President, Chief Investor Relations and Communications Officer
Glenn Richter
Executive Vice President, Chief Financial Officer
Vic Verma
Executive Vice President, Chief Information Officer
Susana Suarez Gonzalez
Executive Vice President, Chief Human Resources Officer
International Flavors & Fragrances Office Locations
International Flavors & Fragrances has offices in New York, Carrollton, Hazlet, Jacksonville and in 40 other locations
New York, NY, US (HQ)
521 W 57th St
Carrollton, TX, US
1620 W Crosby Rd
Hazlet, NJ, US
600 NJ-36, Hazlet, NJ 07730, USA
Jacksonville, FL, US
2051 Lane Ave N
Philadelphia, PA, US
7800 Holstein Ave
Union Beach, NJ, US
1515 NJ-36, Union Beach, NJ 07735, USA
International Flavors & Fragrances Financials and Metrics
International Flavors & Fragrances Revenue
International Flavors & Fragrances's revenue was reported to be $5.08 b in FY, 2020 which is a 1.1% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2021) | 3.1b |
Gross profit (Q3, 2021) | 1.1b |
Gross profit margin (Q3, 2021), % | 35.5% |
Net income (Q3, 2021) | 197.0m |
EBIT (Q3, 2021) | 298.0m |
Market capitalization (24-Jun-2022) | 30.9b |
Closing stock price (24-Jun-2022) | 121.4 |
Cash (30-Sept-2021) | 672.0m |
EV | 42.4b |
International Flavors & Fragrances's current market capitalization is $30.9 b.
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 483.5m | 426.7m | 494.9m | 433.2m | 497.4m | 469.8m | 872.0m | 935.0m | 672.0m |
Accounts Receivable | 1.0b | 1.0b | 942.7m | 943.1m | 961.6m | 928.6m | 2.0b | 2.1b | 2.0b |
Prepaid Expenses | 310.2m | 325.5m | 325.4m | 356.3m | 377.6m | 383.6m | 683.0m | 832.0m | 717.0m |
Inventories | 1.1b | 1.2b | 1.1b | 1.1b | 1.2b | 1.2b | 2.6b | 2.5b | 2.4b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 111.2m | 250.1m | 379.9m | 127.2m | 214.6m | 300.8m | (40.0m) | (10.0m) | 187.0m |
Depreciation and Amortization | 81.8m | 154.8m | 235.4m | 80.6m | 160.2m | 243.6m | 242.0m | 564.0m | 861.0m |
Inventories | (24.7m) | (71.5m) | (84.1m) | (568.0k) | (67.2m) | (42.8m) | 118.0m | (130.0m) | (230.0m) |
Accounts Payable | 9.0m | (7.6m) | (39.3m) | (31.6m) | 62.3m | 21.6m | 250.0m | 250.0m | 256.0m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 301.1k |
Debt/Equity | 0.8 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.1 x |
International Flavors & Fragrances Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| The Additive Advantage LLC | February 19, 2019 | |
| Frutarom Industries Ld | May 07, 2018 | $7.1 b |
| Columbia Phytotechnology LLC | April 10, 2017 | |
| Fragrance Resources | November 03, 2016 | |
| Lucas Meyer Cosmetics S.A.S. | June 15, 2015 | $283 m |
| Aromor | January 17, 2014 | $88 m |
| Bush Boake Allen, Inc. | October 02, 2000 | $970 m |
| 1456111 Ontario Limited | ||
| A. Boake, Roberts And Company (Holding), Limited | ||
| Agtech Products, Inc. |
International Flavors & Fragrances Revenue Breakdown
International Flavors & Fragrances revenue breakdown by business segment: 38.8% from Scent and 61.2% from Taste
International Flavors & Fragrances revenue breakdown by geographic segment: 22.8% from Greater Asia, 13.9% from Latin America, 39.1% from Europe, Africa and Middle East and 24.2% from North America
International Flavors & Fragrances Cybersecurity Score
International Flavors & Fragrances Environment, Social & Governance (ESG) Ratings
International Flavors & Fragrances Online and Social Media Presence
6.76k Twitter followers
International Flavors & Fragrances has 6.76k Twitter Followers. The number of followers has increased 0.7% month over month and increased 3% quarter over quarter
International Flavors & Fragrances's Trends
Twitter Engagement Stats for @IFF
2.8k
Tweets
2.4k
Following
6.8k
Followers
8
Tweets last 30 days
3.1
Avg. likes per Tweet
87.5%
Tweets with engagement
International Flavors & Fragrances Company Culture
Overall Culture
A+
81/100
CEO Rating
A+
85/100
Compensation
A+
81/100
Diversity
A
79/100
International Flavors & Fragrances News and Updates
January 20, 2022
Carl Icahn owns 4% stake in International Flavors & Fragrances, sources say
Carl Icahn owns a 4% stake in International Flavors & Fragrances, sources told CNBC's David Faber on Thursday.
April 19, 2021
Global Food Additives Market Report 2020-2025 Featuring Major Players - ADM, Bell Flavors & Fragrances, Cargill, Firmenich International, Givaudan, International Flavors & Fragrances, and Treatt
Dublin, April 19, 2021 (GLOBE NEWSWIRE) -- The "The Global Market for Food Additives" report has been added to ResearchAndMarkets.com's offering.
March 25, 2020
Evolva enters a new agreement with International Flavors & Fragrances (IFF)
Reinach, 25 March 2020 – Evolva, the Swiss biotech company, has entered a new collaboration agreement with International Flavors and Fragrancies (IFF), a leading global creator of taste, scent and nutrition for consumer products, to further develop and expand commercialization of vanillin.read more
November 05, 2019
International Flavors & Fragrances rallies 8% after addressing allegations related to Russia and Ukraine
International Flavors & Fragrances Inc. stock rose 8.4% Tuesday, putting it on track for its biggest one-day gain since Aug. 8, 2012, after the company . The company said it had net income of $127.1 million, or $1.13 a share, in the quarter, compared with $95.7 million, or $1.17 a share, in the…
August 05, 2019
International Flavors & Fragrances stock falls after outlook cut
International Flavors & Fragrances Inc. shares fell in the extended session Monday after the cosmetics ingredients maker cut its outlook. IFF shares fell 8.1% after hours, following a 1.6% decline in the regular session to close at $141.47. IFF expects adjusted full-year earnings of $6.15 to $6…
International Flavors & Fragrances Blogs
June 02, 2022
IFF Showcases First Year of ESG Performance as a Combined Company in Report, Webcast
In-depth progress report published today, third annual ESG webcast to be held June 9 th NEW YORK --(BUSINESS WIRE)--Jun. 2, 2022-- IFF (NYSE:IFF) has released its 2021 environmental, social and governance plus sustainable solutions (or ESG+) performance report.
May 24, 2022
IFF to Webcast Fireside Chat at Bernstein Strategic Decisions Conference on June 1
IFF to Webcast Fireside Chat at Bernstein Strategic Decisions Conference on June 1
Content Import
Tue, 05/24/2022 - 16:15
IFF to Webcast Fireside Chat at Bernstein Strategic Decisions Conference on June 1
May 24, 2022 at 4:15 PM EDT
General
NEW …
May 24, 2022
IFF NAMED A ‘FORTUNE 500’ BUSINESS
IFF NAMED A ‘FORTUNE 500’ BUSINESS
Drupal Service…
May 24 2022
I'm excited to share that for the first time in more than 30 years, IFF has been named to the Fortune 500 list list of America’s largest companies by revenue. This milestone reflects today’s IFF, a company with leadership positions in…
May 09, 2022
IFF Reports First Quarter 2022 Results
NEW YORK --(BUSINESS WIRE)--May 9, 2022-- International Flavors & Fragrances Inc. (NYSE: IFF) reported financial results for the first quarter ended March 31, 2022 . First Quarter 2022 Consolidated Summary: Reported (GAAP) Adjusted (Non-GAAP) 1 Sales Income Before Taxes EPS Operating EBI…
May 05, 2022
IFF Declares Dividend for Second Quarter 2022
IFF Declares Dividend for Second Quarter 2022
Content Import
Thu, 05/05/2022 - 16:15
IFF Declares Dividend for Second Quarter 2022
May 5, 2022 at 4:15 PM EDT
General
NEW YORK--(BUSINESS WIRE)--May 5, 2022--
IFF (NYSE: IFF) announced that its Boa…
April 26, 2022
IFF to Release First Quarter 2022 Results May 9
IFF to Release First Quarter 2022 Results May 9
Content Import
Tue, 04/26/2022 - 16:15
IFF to Release First Quarter 2022 Results May 9
April 26, 2022 at 4:15 PM EDT
General
NEW YORK--(BUSINESS WIRE)--Apr. 26, 2022--
IFF (NYSE:IFF) today announce…
International Flavors & Fragrances Frequently Asked Questions
When was International Flavors & Fragrances founded?
International Flavors & Fragrances was founded in 1833.
Who are International Flavors & Fragrances key executives?
International Flavors & Fragrances's key executives are Andreas Fibig, Frank Clyburn and Michael Deveau.
How many employees does International Flavors & Fragrances have?
International Flavors & Fragrances has 13,700 employees.
What is International Flavors & Fragrances revenue?
Latest International Flavors & Fragrances annual revenue is $5.1 b.
What is International Flavors & Fragrances revenue per employee?
Latest International Flavors & Fragrances revenue per employee is $371.1 k.
Who are International Flavors & Fragrances competitors?
Competitors of International Flavors & Fragrances include Sensient Technologies, Givaudan and Symrise.
Where is International Flavors & Fragrances headquarters?
International Flavors & Fragrances headquarters is located at 521 W 57th St, New York.
Where are International Flavors & Fragrances offices?
International Flavors & Fragrances has offices in New York, Carrollton, Hazlet, Jacksonville and in 40 other locations.
How many offices does International Flavors & Fragrances have?
International Flavors & Fragrances has 47 offices.
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