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Inter Parfums, Inc. (IPAR) 10-Year Financial Performance & Capital Metrics

IPAR • • Industrial / General
Consumer DefensiveHousehold ProductsPersonal Care & CosmeticsPremium Beauty & Fragrance
AboutInter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. It offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lily Aldridge, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, babe, Dunhill, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, French Connection, and Ungaro brand names, as well as under the Intimate and Aziza names. It sells its products to department stores, specialty stores, duty free shops, beauty retailers, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.Show more
  • Revenue $1.45B +10.2%
  • EBITDA $303M +12.8%
  • Net Income $164M +7.7%
  • EPS (Diluted) 5.12 +7.8%
  • Gross Margin 63.85% +0.3%
  • EBITDA Margin 20.87% +2.4%
  • Operating Margin 18.92% -0.8%
  • Net Margin 11.32% -2.3%
  • ROE 17.92% -1.4%
  • ROIC 20.55% +3.0%
  • Debt/Equity 0.20 -5.4%
  • Interest Coverage 35.12 +57.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 22.2%
  • ✓Strong Piotroski F-Score: 9/9
  • ✓Strong 5Y sales CAGR of 15.3%
  • ✓Good 3Y average ROE of 17.3%
  • ✓Healthy dividend yield of 3.3%
  • ✓Healthy 5Y average net margin of 10.2%

✗Weaknesses

  • ✗Weak momentum: RS Rating 18 (bottom 18%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y11.27%
5Y15.27%
3Y18.2%
TTM3.12%

Profit (Net Income) CAGR

10Y18.77%
5Y22.23%
3Y23.43%
TTM9.28%

EPS CAGR

10Y18.35%
5Y21.93%
3Y23.02%
TTM-12.33%

ROCE

10Y Avg16.96%
5Y Avg20.01%
3Y Avg23.92%
Latest25.88%

Peer Comparison

Premium Beauty & Fragrance
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Valuation
Per Share
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
IPARInter Parfums, Inc.2.9B90.4217.6610.22%11.24%14.9%6.31%0.20
COTYCoty Inc.2.77B3.17-7.20-3.68%-6.6%-9.44%10.01%1.07
ELThe Estée Lauder Companies Inc.28.43B115.65-36.71-8.46%-6.44%-23.91%2.36%2.44

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+468.54M521.07M591.25M675.57M713.51M539.01M879.52M1.09B1.32B1.45B
Revenue Growth %-0.06%0.11%0.13%0.14%0.06%-0.24%0.63%0.24%0.21%0.1%
Cost of Goods Sold+179.07M194.6M214.97M248.01M267.58M208.28M322.61M392.23M478.6M524.98M
COGS % of Revenue0.38%0.37%0.36%0.37%0.38%0.39%0.37%0.36%0.36%0.36%
Gross Profit+289.47M326.47M376.29M427.56M445.94M330.73M556.9M694.42M839.08M927.34M
Gross Margin %0.62%0.63%0.64%0.63%0.62%0.61%0.63%0.64%0.64%0.64%
Gross Profit Growth %0.01%0.13%0.15%0.14%0.04%-0.26%0.68%0.25%0.21%0.11%
Operating Expenses+228.27M259.79M297.66M332.83M341.21M260.65M408.85M500.12M587.7M652.54M
OpEx % of Revenue0.49%0.5%0.5%0.49%0.48%0.48%0.46%0.46%0.45%0.45%
Selling, General & Admin228.27M258.79M295.54M332.83M341.21M260.65M406.46M492.37M587.7M648.54M
SG&A % of Revenue0.49%0.5%0.5%0.49%0.48%0.48%0.46%0.45%0.45%0.45%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses01.01M2.12M0002.39M7.75M04M
Operating Income+61.2M66.68M78.62M94.73M104.73M70.08M148.05M194.3M251.38M274.8M
Operating Margin %0.13%0.13%0.13%0.14%0.15%0.13%0.17%0.18%0.19%0.19%
Operating Income Growth %0.15%0.09%0.18%0.2%0.11%-0.33%1.11%0.31%0.29%0.09%
EBITDA+70.28M82.02M90.54M105.76M113.46M79.15M160.75M216.84M268.71M303.15M
EBITDA Margin %0.15%0.16%0.15%0.16%0.16%0.15%0.18%0.2%0.2%0.21%
EBITDA Growth %0.11%0.17%0.1%0.17%0.07%-0.3%1.03%0.35%0.24%0.13%
D&A (Non-Cash Add-back)9.08M15.34M11.91M11.03M8.73M9.07M12.7M22.54M17.33M28.36M
EBIT63.32M69.41M80.06M98.44M107.29M71.32M153.84M197.82M260.85M276.22M
Net Interest Income+169K991K991K1.38M1.55M895K578K1.89M-524K-5.61M
Interest Income3M3.33M2.98M3.96M3.69M2.87M3.4M5.49M10.73M2.22M
Interest Expense2.83M2.34M1.99M2.58M2.15M1.97M2.83M3.6M11.25M7.83M
Other Income/Expense-707K396K-558K1.13M419K-734K2.97M-84K-1.79M-6.41M
Pretax Income+60.5M67.07M78.06M95.86M105.15M69.35M151.02M194.22M249.59M268.39M
Pretax Margin %0.13%0.13%0.13%0.14%0.15%0.13%0.17%0.18%0.19%0.18%
Income Tax+21.53M23.83M22.81M26.14M29.08M19.38M40.99M43.18M61.82M64.96M
Effective Tax Rate %0.5%0.5%0.53%0.56%0.57%0.55%0.58%0.62%0.61%0.61%
Net Income+30.44M33.33M41.59M53.79M60.25M38.22M87.41M120.94M152.65M164.36M
Net Margin %0.06%0.06%0.07%0.08%0.08%0.07%0.1%0.11%0.12%0.11%
Net Income Growth %0.03%0.1%0.25%0.29%0.12%-0.37%1.29%0.38%0.26%0.08%
Net Income (Continuing)38.97M43.25M55.25M69.72M76.07M49.97M110.03M151.04M187.78M203.43M
Discontinued Operations0000000000
Minority Interest110.8M113.27M137.34M138.14M140.99M166.62M166.41M171.36M192.78M197.77M
EPS (Diluted)+0.981.071.331.711.901.212.753.784.755.12
EPS Growth %0.03%0.09%0.24%0.29%0.11%-0.36%1.27%0.37%0.26%0.08%
EPS (Basic)0.981.071.331.721.921.212.763.804.775.13
Diluted Shares Outstanding31.1M31.18M31.31M31.52M31.69M31.65M31.84M31.99M32.14M32.12M
Basic Shares Outstanding31M31.07M31.17M31.31M31.45M31.54M31.68M31.86M31.99M32.04M
Dividend Payout Ratio0.52%0.54%0.51%0.49%0.57%0.54%0.36%0.53%0.52%0.58%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+468.76M480.21M549.28M569.4M573.3M600.72M709.72M787.72M839.03M914.83M
Cash & Short-Term Investments259.81M256.03M278.24M261.01M253.13M296.31M319.63M255.55M182.77M234.74M
Cash Only176.97M161.83M208.34M193.14M192.42M169.68M159.61M104.71M88.46M125.43M
Short-Term Investments82.85M94.2M69.9M67.87M60.71M126.63M160.01M150.83M94.3M109.31M
Accounts Receivable97.6M112.88M126.62M136.24M135.23M128.68M169.8M226.54M254.94M281.13M
Days Sales Outstanding76.0379.0778.1773.6169.1887.1470.4776.0970.6270.65
Inventory98.35M96.98M137.06M160.98M167.81M158.82M198.91M289.98M371.86M371.92M
Days Inventory Outstanding200.46181.89232.72236.91228.91278.33225.05269.85283.6258.58
Other Current Assets12.99M14.33M7.36M12.58M17.12M16.91M21.38M15.65M29.46M27.04M
Total Non-Current Assets+218.9M202.19M228.49M229.76M255.54M289.43M435.65M520.82M530.3M496.43M
Property, Plant & Equipment9.33M10.08M10.33M9.84M39.47M44.31M183.08M194.69M197.84M178.38M
Fixed Asset Turnover50.20x51.71x57.24x68.66x18.08x12.16x4.80x5.58x6.66x8.14x
Goodwill0000000000
Intangible Assets201.34M183.87M200.5M204.32M201.98M214.11M214.05M290.85M296.36M282.48M
Long-Term Investments0000000000
Other Non-Current Assets8.23M8.25M8.01M6.3M6.08M22.96M30.59M24.12M21.57M18.54M
Total Assets+687.66M682.41M777.77M799.17M828.83M890.14M1.15B1.31B1.37B1.41B
Asset Turnover0.68x0.76x0.76x0.85x0.86x0.61x0.77x0.83x0.96x1.03x
Asset Growth %0.14%-0.01%0.14%0.03%0.04%0.07%0.29%0.14%0.05%0.03%
Total Current Liabilities+131.08M142.24M167.11M186.98M184.47M156.21M244.91M344.57M324.75M332.43M
Accounts Payable50.64M49.51M52.61M58.33M54.1M35.58M81.98M88.39M97.41M91.05M
Days Payables Outstanding103.2192.8689.3385.8473.7962.3592.7582.2574.2963.3
Short-Term Debt22.16M21.5M24.37M23.16M12.33M14.57M15.91M28.55M34.01M49.92M
Deferred Revenue (Current)1000K1000K1000K1000K000000
Other Current Liabilities08.62M8.28M15.27M39.59M40.61M10.23M8M10.44M5.08M
Current Ratio3.58x3.38x3.29x3.05x3.11x3.85x2.90x2.29x2.58x2.75x
Quick Ratio2.83x2.69x2.47x2.18x2.20x2.83x2.09x1.44x1.44x1.63x
Cash Conversion Cycle173.28168.1221.56224.68224.29303.12202.76263.69279.93265.93
Total Non-Current Liabilities+80.19M56.51M40.03M26.44M35.37M31.49M162.12M175.83M152.41M136.19M
Long-Term Debt76.44M53.06M36.21M22.91M10.73M10.14M132.9M151.49M127.9M115.73M
Capital Lease Obligations000024.64M21.35M29.22M24.34M24.52M20.45M
Deferred Tax Liabilities3.75M3.45M3.82M3.54M000000
Other Non-Current Liabilities000-3.54M000000
Total Liabilities211.27M198.75M207.13M213.42M219.83M187.69M407.03M520.4M477.16M468.62M
Total Debt+98.61M74.56M60.58M46.06M53.05M51.19M184.05M209.67M192.37M192.19M
Net Debt-78.36M-87.27M-147.76M-147.07M-139.37M-118.49M24.43M104.96M103.91M66.76M
Debt / Equity0.21x0.15x0.11x0.08x0.09x0.07x0.25x0.27x0.22x0.20x
Debt / EBITDA1.40x0.91x0.67x0.44x0.47x0.65x1.14x0.97x0.72x0.63x
Net Debt / EBITDA-1.11x-1.06x-1.63x-1.39x-1.23x-1.50x0.15x0.48x0.39x0.22x
Interest Coverage21.66x28.49x39.47x36.75x48.80x35.58x52.41x53.99x22.34x35.12x
Total Equity+476.39M483.66M570.64M585.75M609M702.45M738.33M788.15M892.17M942.64M
Equity Growth %-0.04%0.02%0.18%0.03%0.04%0.15%0.05%0.07%0.13%0.06%
Book Value per Share15.3215.5118.2318.5819.2222.1923.1924.6427.7629.34
Total Shareholders' Equity365.59M370.39M433.3M447.61M468M535.84M571.92M616.78M699.39M744.87M
Common Stock31K31K31K31K31K32K32K32K32K32K
Retained Earnings388.43M402.71M422.57M448.73M474.64M503.57M560.66M620.1M693.85M763.24M
Treasury Stock-36.82M-37.48M-37.48M-37.48M-37.48M-37.48M-37.48M-37.48M-52.86M-52.86M
Accumulated OCI-48.09M-57.98M-17.83M-33.65M-39.85M-6M-38.43M-56.06M-40.19M-72.24M
Minority Interest110.8M113.27M137.34M138.14M140.99M166.62M166.41M171.36M192.78M197.77M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+50.08M54.56M35.89M63.04M76.45M64.99M119.59M115.15M105.77M187.64M
Operating CF Margin %0.11%0.1%0.06%0.09%0.11%0.12%0.14%0.11%0.08%0.13%
Operating CF Growth %0.37%0.09%-0.34%0.76%0.21%-0.15%0.84%-0.04%-0.08%0.77%
Net Income38.97M43.25M55.25M69.72M76.07M49.97M110.03M151.04M152.65M203.43M
Depreciation & Amortization9.08M15.34M11.91M11.03M8.73M9.07M12.7M22.54M17.33M28.36M
Stock-Based Compensation787K1.2M2.09M2.21M3.39M3.03M2.85M3.14M2.52M2.38M
Deferred Taxes829K-1.37M-591K-158K-2.33M581K-465K-3.6M-2.99M-3.36M
Other Non-Cash Items1.08M-3.62M-315K1.14M2.28M9.62M8.17M7.61M38.22M6.52M
Working Capital Changes-664K-228K-32.46M-20.89M-11.69M-7.27M-13.69M-65.57M-101.97M-49.69M
Change in Receivables-12.57M-13.16M-6.02M-23.03M1.12M13.16M-45.4M-59.64M0-41.28M
Change in Inventory-4.35M-909K-28.52M-29.34M-5.92M19.33M-49.81M-98.3M0-17.2M
Change in Payables12.97M18.69M5.7M25.59M-4.96M078.82M106.86M3.06M4.87M
Cash from Investing+-34.59M-20.43M36.92M-13.64M-5.64M-22.33M-187.87M-132.76M7.26M-44.83M
Capital Expenditures-123.95M-5.74M-4.07M-12.46M-11.49M-11.01M-142.82M-132.62M-6.46M-4.74M
CapEx % of Revenue0.26%0.01%0.01%0.02%0.02%0.02%0.16%0.12%0%0%
Acquisitions----------
Investments----------
Other Investing-119.79M-965K4.84M-8.51M-6.07M-1.25M-1.54M4.4M-46.9M-17.61M
Cash from Financing+81.78M-44.64M-47.63M-55.88M-68.18M-18.64M78.19M-45.57M-133.21M-100.77M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-15.81M-18.02M-21.19M-26.29M-34.58M-20.8M-31.69M-63.74M-80.05M-96.03M
Share Repurchases----------
Other Financing-2.92M-4.86M-4.08M-6.11M-11.28M2.45M-4.44M-14.46M-13.3M-24.73M
Net Change in Cash----------
Free Cash Flow+-73.86M48.82M31.82M50.58M64.96M52.73M-23.23M-17.47M52.41M182.9M
FCF Margin %-0.16%0.09%0.05%0.07%0.09%0.1%-0.03%-0.02%0.04%0.13%
FCF Growth %-3.28%1.66%-0.35%0.59%0.28%-0.19%-1.44%0.25%4%2.49%
FCF per Share-2.371.571.021.602.051.67-0.73-0.551.635.69
FCF Conversion (FCF/Net Income)1.65x1.64x0.86x1.17x1.27x1.70x1.37x0.95x0.69x1.14x
Interest Paid2.4M2.24M1.81M1.75M1.76M1.1M2.47M2.99M5.82M7.5M
Taxes Paid19.67M28.12M24.34M25M26.33M21.77M40.5M38.49M60.99M63.2M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)6.24%6.94%7.89%9.3%10.09%5.83%12.13%15.85%18.17%17.92%
Return on Invested Capital (ROIC)11.38%12.59%14.4%16.49%17.29%9.98%16.49%17.6%19.96%20.55%
Gross Margin61.78%62.65%63.64%63.29%62.5%61.36%63.32%63.9%63.68%63.85%
Net Margin6.5%6.4%7.03%7.96%8.44%7.09%9.94%11.13%11.59%11.32%
Debt / Equity0.21x0.15x0.11x0.08x0.09x0.07x0.25x0.27x0.22x0.20x
Interest Coverage21.66x28.49x39.47x36.75x48.80x35.58x52.41x53.99x22.34x35.12x
FCF Conversion1.65x1.64x0.86x1.17x1.27x1.70x1.37x0.95x0.69x1.14x
Revenue Growth-6.15%11.21%13.47%14.26%5.62%-24.46%63.17%23.55%21.26%10.22%

Revenue by Segment

2015201620172018201920202021202220232024
FranceMember-----37.6M----
FranceMember Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES---------218.5M
UNITED STATES Growth----------
North America125.7M149.6M176.9M210.2M234M193.5M354.1M431.9M511.7M-
North America Growth-19.01%18.25%18.82%11.32%-17.31%83.00%21.97%18.48%-
Europe-------333.4M404.4M-
Europe Growth--------21.30%-
Asia78.2M81.6M88M109M106.5M79.7M128M152.7M191.8M-
Asia Growth-4.35%7.84%23.86%-2.29%-25.16%60.60%19.30%25.61%-
Middle East41.9M42.2M50.5M59.3M72.6M46.8M61M87.8M107.3M-
Middle East Growth-0.72%19.67%17.43%22.43%-35.54%30.34%43.93%22.21%-
Central and South America--51.2M51.7M---69.9M92.7M-
Central and South America Growth---0.98%----32.62%-
Other Country----13.4M-8.4M11M9.8M-
Other Country Growth-------30.95%-10.91%-
Europe Country----240.8M-271.6M---
Europe Country Growth----------
Central And South America------56.4M---
Central And South America Growth----------
EuropeCountryMember-----180.2M----
EuropeCountryMember Growth----------
CentralAndSouthAmericaMember-----32.5M----
CentralAndSouthAmericaMember Growth----------
OtherSegmentCountryMember-----6.3M----
OtherSegmentCountryMember Growth----------
Centraland South America----46.2M-----
Centraland South America Growth----------
European Union170.6M192.8M214.8M233.6M------
European Union Growth-13.01%11.41%8.75%------
Segment Geographical Groups Of Countries Group Six11M11M9.9M11.8M------
Segment Geographical Groups Of Countries Group Six Growth-0.00%-10.00%19.19%------
Latin America41.1M43.9M--------
Latin America Growth-6.81%--------

Frequently Asked Questions

Valuation & Price

Inter Parfums, Inc. (IPAR) has a price-to-earnings (P/E) ratio of 17.7x. This is roughly in line with market averages.

Growth & Financials

Inter Parfums, Inc. (IPAR) reported $1.46B in revenue for fiscal year 2024. This represents a 138% increase from $615.2M in 2011.

Inter Parfums, Inc. (IPAR) grew revenue by 10.2% over the past year. This is steady growth.

Yes, Inter Parfums, Inc. (IPAR) is profitable, generating $164.5M in net income for fiscal year 2024 (11.3% net margin).

Dividend & Returns

Yes, Inter Parfums, Inc. (IPAR) pays a dividend with a yield of 3.31%. This makes it attractive for income-focused investors.

Inter Parfums, Inc. (IPAR) has a return on equity (ROE) of 17.9%. This is reasonable for most industries.

Inter Parfums, Inc. (IPAR) generated $143.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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