International Flavors & Fragrances (NYSE: IFF) financial statements
The consolidated income statement, balance sheet and cash flow statement of International Flavors & Fragrances for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $25,539m in total assets and $14,154m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10,890m | $11,484m | $11,479m | $12,440m | $11,656m | $5,084m | $5,140m | $3,978m | $3,399m | $3,116m |
| Cost of sales | $6,952m | $7,360m | $7,798m | $8,289m | $7,921m | $2,998m | $3,027m | $2,295m | $1,926m | $1,721m |
| Gross profit | $3,938m | $4,124m | $3,681m | $4,151m | $3,735m | $2,086m | $2,113m | $1,683m | $1,472m | $1,396m |
| Operating profit | −$382.0m | $766.0m | −$2,110m | −$1,326m | $585.0m | $566.0m | $665.0m | $583.9m | $552.6m | $553.0m |
| Finance costs | $229.0m | $305.0m | $380.0m | $336.0m | $289.0m | $131.8m | $138.2m | $132.6m | $65.4m | $53.0m |
| Profit before tax | −$412.0m | $308.0m | −$2,518m | −$1,625m | $354.0m | $441.0m | $557.0m | $447.8m | $537.0m | $523.7m |
| Income tax | $53.0m | $41.0m | $69.0m | $239.0m | $75.0m | $74.0m | $97.0m | $108.0m | $241.4m | $118.7m |
| Net profit | −$359.0m | $267.0m | −$2,587m | −$1,864m | $279.0m | $367.0m | $460.0m | $339.8m | $295.7m | $405.0m |
| Earnings per share | −$1.41 | $1.04 | −$10.05 | −$7.32 | $1.11 | $3.25 | $4.05 | $3.81 | $3.73 | $5.07 |
| Diluted earnings per share | −$1.41 | $1.04 | −$10.05 | −$7.32 | $1.10 | $3.21 | $4.00 | $3.79 | $3.72 | $5.05 |
| Depreciation and amortisation | $962.0m | $1,015m | $1,142m | $1,179m | $1,156m | $325.0m | $323.0m | $173.8m | $118.0m | $102.5m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $25,539m | $28,723m | $30,978m | $35,522m | $39,658m | $13,555m | $13,287m | $12,889m | $4,599m | $4,017m |
| Current assets | $5,594m | $7,968m | $6,293m | $7,432m | $6,987m | $3,060m | $2,943m | $2,942m | $1,897m | $1,609m |
| Inventories | $2,245m | $2,133m | $2,477m | $3,151m | $2,516m | $1,132m | $1,123m | $1,079m | $649.4m | $592.0m |
| Property, plant and equipment | $4,029m | $3,739m | $4,240m | $4,203m | $4,368m | $1,458m | $1,387m | $1,241m | $880.6m | $775.7m |
| Goodwill | $8,269m | $9,075m | $10,635m | $13,373m | $16,432m | $5,593m | $5,497m | $5,378m | $1,156m | $1,000m |
| Cash | $590.0m | $469.0m | $703.0m | $483.0m | $711.0m | $650.0m | $607.0m | $634.9m | $368.0m | $324.0m |
| Current liabilities | $3,933m | $4,352m | $3,758m | $3,728m | $3,633m | $1,904m | $1,552m | $1,128m | $768.8m | $898.3m |
| Equity | $14,154m | $13,834m | $14,611m | $17,655m | $21,082m | $6,310m | $6,217m | $6,033m | $1,684m | $1,626m |
| Equity including minorities | $14,186m | $13,869m | $14,580m | $17,647m | $21,117m | $6,322m | $6,229m | $6,043m | $1,689m | $1,631m |
| Minority interests | $32.0m | $35.0m | $31.0m | $30.0m | $35.0m | $12.0m | $12.2m | $10.4m | $5.1m | $4.9m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $850.0m | $1,070m | $1,455m | $397.0m | $1,437m | $714.0m | $699.0m | $437.6m | $390.8m | $550.1m |
| Investing cash flow | $2,269m | $326.0m | $558.0m | $745.0m | −$18.0m | −$187.0m | −$226.0m | −$5,013m | −$299.9m | −$355.5m |
| Financing cash flow | −$3,091m | −$1,606m | −$1,851m | −$1,229m | −$1,304m | −$512.0m | −$505.0m | $4,871m | −$42.6m | −$34.4m |
| Capital expenditure | −$594.0m | −$463.0m | −$503.0m | −$504.0m | −$393.0m | −$192.0m | −$236.0m | −$170.1m | −$129.0m | −$126.4m |
| Dividends paid | −$409.0m | −$514.0m | −$826.0m | −$810.0m | −$667.0m | −$323.0m | −$314.0m | −$230.2m | −$206.1m | −$184.9m |
Where each figure comes from
From the annual report (Form 10-K) that International Flavors & Fragrances files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the International Flavors & Fragrances page.
Dividend per share of International Flavors & Fragrances by fiscal year, with the filing behind every figure: International Flavors & Fragrances dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.