International Flavors & Fragrances

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.
TypePublic
Founded1833
HQNew York, NY, US
Websiteiff.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)13,700
Job Openings437
Revenue (FY, 2020)$5.1 B(-1%)
Share Price (Jun 2022)$121.4(+5%)
Cybersecurity ratingAMore
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Key People/Management at International Flavors & Fragrances

Andreas Fibig

Andreas Fibig

CEO and Chairman
Frank Clyburn

Frank Clyburn

Chief Executive Officer
Michael Deveau

Michael Deveau

Senior Vice President, Chief Investor Relations and Communications Officer
Glenn Richter

Glenn Richter

Executive Vice President, Chief Financial Officer
Vic Verma

Vic Verma

Executive Vice President, Chief Information Officer
Susana Suarez Gonzalez

Susana Suarez Gonzalez

Executive Vice President, Chief Human Resources Officer
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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
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International Flavors & Fragrances Financials and Metrics

International Flavors & Fragrances Revenue

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View revenue for all periods
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
USDFY, 2018FY, 2019FY, 2020

Revenue

4.0b5.1b5.1b

Revenue growth, %

17%29%(1%)

Cost of goods sold

2.3b3.0b3.0b

Gross profit

1.7b2.1b2.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

1.3b1.3b1.3b1.3b1.2b2.5b3.1b3.1b

Cost of goods sold

766.1m745.3m734.3m781.5m716.9m1.7b2.2b2.0b

Gross profit

531.3m546.2m533.1m565.9m481.8m754.0m910.0m1.1b

Gross profit Margin, %

41%42%42%42%40%31%29%35%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

634.9m606.8m649.5m

Accounts Receivable

946.9m884.4m950.4m

Prepaid Expenses

277.0m319.3m341.8m

Inventories

1.1b1.1b1.1b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

339.8m460.3m367.4m

Depreciation and Amortization

173.8m323.3m325.4m

Inventories

(117.6m)(62.1m)17.9m

Accounts Payable

(55.1m)55.5m27.9m
Quarterly
USDFY, 2018

Revenue/Employee

301.1k

Debt/Equity

0.8 x

Debt/Assets

0.4 x

Financial Leverage

2.1 x
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International Flavors & Fragrances Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

354447

Manufacturing Facilities

97186242

Patents (US)

392415430

Products

90 k128 k

International Flavors & Fragrances Acquisitions / Subsidiaries

Company NameDateDeal Size
The Additive Advantage LLCFebruary 19, 2019
Frutarom Industries LdMay 07, 2018$7.1 b
Columbia Phytotechnology LLCApril 10, 2017
Fragrance ResourcesNovember 03, 2016
Lucas Meyer Cosmetics S.A.S.June 15, 2015$283 m
AromorJanuary 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.
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International Flavors & Fragrances Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

International Flavors & Fragrances Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

International Flavors & Fragrances Online and Social Media Presence

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International Flavors & Fragrances Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A+

    81/100

  • Diversity

    A

    79/100

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International Flavors & Fragrances News and Updates

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.

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.

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

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…

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

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.

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 …

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…

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…

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…

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…
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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.