IFF - International Flavors & Fragrances Inc.
NYSE
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Basic Materials
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Specialty Chemicals
New York,
United States
Type: Equity
IFF price evolution
IFF
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $709 | $639 | $649 | $606 |
| Short term investments | ||||
| Net receivables | $1726 | $1831 | $1887 | $1899 |
| Inventory | $2477 | $2549 | $2790 | $2946 |
| Total current assets | $6293 | $6391 | $6436 | $7442 |
| Long term investments | ||||
| Property, plant & equipment | $4240 | $4829 | $4958 | $4858 |
| Goodwill & intangible assets | $18992 | $21412 | $22311 | $22426 |
| Total noncurrent assets | $24685 | $27004 | $28023 | $28028 |
| Total investments | ||||
| Total assets | $30978 | $33395 | $34459 | $35470 |
| Current liabilities | ||||
| Accounts payable | $1378 | $1112 | $1227 | $1197 |
| Deferred revenue | ||||
| Short long term debt | $885 | $1142 | $1362 | $2071 |
| Total current liabilities | $3758 | $3683 | $3932 | $4874 |
| Long term debt | $9186 | $9813 | $9891 | $9789 |
| Total noncurrent liabilities | $12578 | $12703 | $12872 | $12806 |
| Total debt | $10713 | $10955 | $11253 | $11860 |
| Total liabilities | $16336 | $16386 | $16804 | $17680 |
| Shareholders' equity | ||||
| Retained earnings | -$2439 | $378 | $560 | $739 |
| Other shareholder equity | $14642 | -$2336 | -$1857 | -$1887 |
| Total shareholder equity | $14611 | $16978 | $17623 | $17758 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $709 | $493 | $715 | $656.84 |
| Short term investments | ||||
| Net receivables | $1726 | $2159 | $1906 | $929.34 |
| Inventory | $2477 | $3151 | $2516 | $1131.86 |
| Total current assets | $6293 | $7432 | $6987 | $3059.8 |
| Long term investments | ||||
| Property, plant & equipment | $4240 | $4861 | $5135 | $1458.18 |
| Goodwill & intangible assets | $18992 | $22437 | $26920 | $8320.43 |
| Total noncurrent assets | $24685 | $27975 | $32671 | $10495.87 |
| Total investments | ||||
| Total assets | $30978 | $35407 | $39658 | $13555.67 |
| Current liabilities | ||||
| Accounts payable | $1378 | $1674 | $1532 | $555.69 |
| Deferred revenue | ||||
| Short long term debt | $885 | $597 | $632 | $634.16 |
| Total current liabilities | $3758 | $3728 | $3633 | $1903.73 |
| Long term debt | $9186 | $10385 | $11438 | $3779.36 |
| Total noncurrent liabilities | $12578 | $13965 | $14908 | $5328.91 |
| Total debt | $10713 | $11535 | $12070 | $4413.52 |
| Total liabilities | $16336 | $17723 | $18541 | $7232.64 |
| Shareholders' equity | ||||
| Retained earnings | -$2439 | $955 | $3641 | $4156.17 |
| Other shareholder equity | $14642 | -$2169 | -$1423 | -$697.54 |
| Total shareholder equity | $14611 | $17684 | $21082 | $6311.15 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2703 | $2820 | $2929 | $3027 |
| Cost of revenue | $1896 | $1996 | $2063 | |
| Gross Profit | $860 | $924 | $933 | $964 |
| Operating activities | ||||
| Research & development | $157 | $161 | $161 | |
| Selling, general & administrative | $444 | $445 | $454 | |
| Total operating expenses | $768 | $774 | $788 | $833 |
| Operating income | $150 | $145 | $131 | |
| Income from continuing operations | ||||
| EBIT | $167 | $166 | $124 | |
| Income tax expense | -$32 | $32 | $23 | $22 |
| Interest expense | -$43 | $110 | $116 | $111 |
| Net income | ||||
| Net income | -$2610 | $25 | $27 | -$9 |
| Income (for common shares) | $25 | $27 | -$9 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $11479 | $12440 | $5084.24 | |
| Cost of revenue | $8289 | $2998.37 | ||
| Gross Profit | $3681 | $4151 | $2085.87 | |
| Operating activities | ||||
| Research & development | $603 | $356.86 | ||
| Selling, general & administrative | $1768 | $948.83 | ||
| Total operating expenses | $3103 | $5477 | $1519.38 | |
| Operating income | -$1326 | $566.48 | ||
| Income from continuing operations | ||||
| EBIT | -$1296 | $569.03 | ||
| Income tax expense | $45 | $239 | $74 | |
| Interest expense | -$380 | $336 | $131.8 | |
| Net income | ||||
| Net income | -$2567 | -$1871 | $363.23 | |
| Income (for common shares) | -$1871 | $363.23 | ||
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $25 | $27 | -$9 | |
| Operating activities | ||||
| Depreciation | $292 | $287 | $276 | |
| Business acquisitions & disposals | $185 | $820 | $1 | |
| Stock-based compensation | $18 | $20 | $12 | |
| Total cash flows from operations | $420 | $248 | $127 | |
| Investing activities | ||||
| Capital expenditures | -$99 | -$101 | -$168 | |
| Investments | ||||
| Total cash flows from investing | $574 | $86 | $719 | -$167 |
| Financing activities | ||||
| Dividends paid | -$826 | -$206 | -$207 | -$206 |
| Sale and purchase of stock | ||||
| Net borrowings | -$214 | -$721 | $293 | |
| Total cash flows from financing | -$1851 | -$427 | -$944 | $78 |
| Effect of exchange rate | $21 | -$69 | $12 | $27 |
| Change in cash and equivalents | $183 | $10 | $35 | $65 |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$1871 | $270 | $363.23 | |
| Operating activities | ||||
| Depreciation | $1179 | $1156 | $325.36 | |
| Business acquisitions & disposals | $1070 | $361 | ||
| Stock-based compensation | $49 | $54 | $35.8 | |
| Total cash flows from operations | $397 | $1437 | $714.1 | |
| Investing activities | ||||
| Capital expenditures | -$498 | -$379 | -$174.6 | |
| Investments | $173 | -$14.6 | ||
| Total cash flows from investing | $574 | $745 | -$18 | -$187.46 |
| Financing activities | ||||
| Dividends paid | -$826 | -$810 | -$667 | -$322.58 |
| Sale and purchase of stock | $9 | |||
| Net borrowings | -$344 | -$606 | -$147.43 | |
| Total cash flows from financing | -$1851 | -$1229 | -$1304 | -$511.57 |
| Effect of exchange rate | $21 | -$77 | -$59 | $20.86 |
| Change in cash and equivalents | $183 | -$164 | $56 | $35.93 |
News
Fundamentals
| Market cap | $21.73B |
|---|---|
| Enterprise value | $31.74B |
| Shares outstanding | 255.28M |
| Revenue | $11.48B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$2.57B |
| Revenue Q/Q | -4.96% |
| Revenue Y/Y | -7.73% |
| P/E ratio | -8.47 |
|---|---|
| EV/Sales | 2.76 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.89 |
| P/B ratio | -701.11 |
| Book/Share | -0.12 |
| Cash/Share | 2.78 |
| EPS | -$10.06 |
|---|---|
| ROA | -7.65% |
| ROE | -15.33% |
| Debt/Equity | 1.12 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.67 |
| Quick ratio | 1.02 |