Valuation, from the filing
| Public float | $18.85B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $73.78 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / revenue | 1.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
28.8× earnings today, against a median of 28.8× across 3 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2018-06-30 | $9.80B | 28.8× | |
| 2017-06-30 | $10.66B | 36.1× | |
| 2016-06-30 | $10.04B | 24.8× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Industrial Organic Chemicals filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Long-term debt / equity | 0.33x | 12th | |
| Gross margin | 36.2% | 73th | |
| SBC / revenue | 0.8% | 27th | |
| Current ratio | 1.42x | 35th | |
| FCF margin | 2.4% | 64th | |
| CapEx / revenue | 5.5% | 40th | |
| Operating margin | -3.5% | 59th | |
| R&D / revenue | 6.4% | 55th | |
| Revenue YoY growth | -5.2% | 50th |
INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) reported revenue of $9.98B for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from INTERNATIONAL FLAVORS & FRAGRANCES INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Industrial Organic Chemicals.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $9.98B |
| Cost of revenue | $6.23B |
| Gross profit | $3.74B |
| Operating income | $754.00M |
| Net income | Unavailable |
| Research & development | $684.00M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $351.00M |
| Income tax expense | $76.00M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $1.75B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $569.00M |
| Total assets | $25.15B |
| Current assets | $9.09B |
| Total liabilities | Unavailable |
| Current liabilities | $4.41B |
| Total equity incl. NCI | $14.01B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $1.50B |
| Accounts receivable | $1.42B |
| Goodwill | $8.14B |
| Long-term debt | $4.74B |
| Accounts payable | $1.06B |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $1.16B |
| Capital expenditures | $621.00M |
| Investing cash flow | -$405.00M |
| Financing cash flow | -$1.00B |
| Net change in cash | -$247.00M |
| Stock-based compensation | $88.00M |
| Common dividends paid | $409.00M |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $948.00M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $540.00M |
| Gross margin | 37.5% |
| Operating margin | 7.6% |
| FCF margin | 5.4% |
| SBC / revenue | 0.9% |
| Current ratio | 2.06x |
| Revenue YoY growth | -4.6% |
| Net margin | Unavailable |
| R&D / revenue | 6.9% |
| CapEx / revenue | 6.2% |
| Long-term debt / equity | 0.34x |
| Effective tax rate | 21.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IFF in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.