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IFFInternational Flavors & Fragrances Inc.
$82.62$21.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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IFF logo

International Flavors & Fragrances Inc.

IFF
NYSE · Specialty Chemicals
$82.62
At close - Nov 6, 4:00 PM EST - USD
Market Cap$21.09B
P/E107.2x
52W High$95.27
Volume2.89M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Shrinking Revenue and Volatile Earnings Test IFF's Resilience

IFF's revenue has contracted from roughly $2.8B in 2025Q1 to $1.9B in 2026Q3, with year-over-year declines reaching -27.9%, which suggests demand or pricing pressure rather than timing noise.

GrowthDecelerating
ProfitabilityWeak
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

IFF price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

+609% Peers

P/E is 609% above peer median

03

Market leadership

RS 66 · Avg

Average momentum (RS Rating: 66)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Feb 3
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue fell about 28% year over year to $1.9B in 2026Q3 while net income swung from a $1.0B loss in 2025Q1 to a $55M loss in 2026Q3, suggesting earnings are highly volatile and under pressure.

Analyst Consensus+18.8% target
Buy(34 analysts)
25 Buy8 Hold1 Sell

The Bull Case

Upside Catalysts

Strategic divestiture and investment

IFF is selling its Food Ingredients business for $4.30 billion while retaining a stake and board seat, and investing in sustainable natural ingredients research in Grasse.

Health and wellness trends

IFF is positioned as a behind-the-scenes player benefiting from growing consumer demand for health and wellness products through ingredient innovation.

Sustainable ingredient research

The opening of a new experimental field in Grasse highlights IFF's commitment to advancing research into sustainable natural ingredients.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
IFF+23.21%
S&P 500 (^GSPC)+7.63%
1-Year Return
IFF+34.00%
S&P 500 (^GSPC)+9.69%
3-Year Return
IFF+21.41%
S&P 500 (^GSPC)+62.49%
5-Year Return
IFF-36.11%
S&P 500 (^GSPC)+51.75%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
107.2x
Forward P/EExpansion
24.7x
EV/EBITDA67th %ile
17.4x
FCF YieldCash Flow
2.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
107.2x
137.0x
50th· Fair
EV/EBITDA
17.4x
17.3x
67th· Fair
Price/FCF
42.3x
36.0x
75th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$22.60-72.6%
Base (Fair)$65.69-20.5%
Bull$104.76+26.8%
$22.60 Bear$65.69 Base$104.76 Bull
Current Market Price: $82.62
Trades at a 25.8% premium to Base DCF ($65.69)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$10.89B-5.2% YoY
Net income FY25
-$361M-248.6% YoY
Free cash flow FY25
$256M-57.5% YoY
Operating margin FY25
7.7%+1.1 pts YoY
ROIC (FY25)2.9%
Avg ROIC 5Y-0.4%
ROE (TTM)1.4%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
$0.83+2.1%
vs $0.81
$1.9B+1.8%
vs $1.9B
Q3 2026
Aug 4, 2026
$0.82-23.4%
vs $1.07
$2.0B-25.4%
vs $2.6B
Q2 2026
May 5, 2026
$1.25+16.8%
vs $1.07
$2.7B+3.7%
vs $2.6B
Q1 2026
Feb 11, 2026
$0.80-3.4%
vs $0.83
$2.6B+3.0%
vs $2.5B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 28, 2026
IFF Declares Dividend for Fourth Quarter 2026

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on January 13, 2027 to shareholders of record as of December 19, 2026. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, and health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—advancing w.

Zacks Investment Research·Oct 27, 2026
International Flavors (IFF) Expected to Beat Earnings Estimates: Should You Buy?

International Flavors (IFF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Business Wire·Oct 27, 2026
IFF Identifies Ten Consumer Moments Reshaping Food and Beverage Innovation in the GLP-1 Era

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF)—a global leader in flavors, fragrances and health and biosciences, today launched its latest report, “GLP-1 Consumer Moments of Opportunity.” The report uncovers ten emerging consumer moments that reflect the changing needs of consumers using GLP-1 medications. “What GLP-1 users need from food and beverage products depends on the moment, and those needs can change many times throughout the day,” said Yuvraj Arora, president of IFF Taste. “The most succ.

Zacks Investment Research·Oct 26, 2026
Will International Flavors (IFF) Beat Estimates Again in Its Next Earnings Report?

International Flavors (IFF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Filtered for International Flavors & Fragrances Inc.More Headlines
04

Compare before deciding

Benchmark IFF against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for International Flavors & Fragrances Inc. (IFF)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
IFF logoIFFInternational Flavors & Fragrances Inc.Current
$82.62$21.09B107.19-5.17%2.11%1.4%1.93%
SHW logoSHWThe Sherwin-Williams Company
$344.10$83.53B31.222.06%10.74%63.49%0.92%
FMC logoFMCFMC Corporation
$5.63$705.03M-0.18-18.34%-148.38%-302.92%41.33%
AVNT logoAVNTAvient Corporation
$45.47$4.17B23.100.61%5.32%7.48%2.37%
BCPC logoBCPCBalchem Corp
$174.43$5.6B32.708.75%15.41%13.21%0.5%
SENS logoSENSSenseonics Holdings, Inc.
$8.59$359.01M-4.5456.89%-225.34%-165.83%—

Compare IFF vs Peers

International Flavors & Fragrances Inc. (IFF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SHW

Most directly comparable listed peer for IFF.

Scale Benchmark

vs CTVA

Larger-name benchmark to compare IFF against a more recognizable public peer.

Peer Set

Compare Top 5

vs SHW, FMC, AVNT, BCPC

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

IFF SEC Filings & Documents

International Flavors & Fragrances Inc. (IFF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 3, 2026·SEC

Material company update

Nov 3, 2026·SEC

Material company update

Aug 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

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IFF Frequently Asked Questions

International Flavors & Fragrances Inc. (IFF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is International Flavors & Fragrances Inc.'s revenue?

International Flavors & Fragrances Inc. (IFF) reported $9.23B in revenue over the trailing twelve months. Revenue was $10.89B in fiscal year 2025. That is 658% more than the $1.44B of fiscal year 1996.

How fast is International Flavors & Fragrances Inc. growing?

International Flavors & Fragrances Inc. (IFF) revenue fell by 16.7% over the trailing twelve months, compared with the twelve months before.

Is IFF profitable?

Yes. International Flavors & Fragrances Inc. (IFF) earned $195.0M in net income over the trailing twelve months (a 2.1% net margin).

Dividend & Returns
Does IFF pay dividends?

Yes. International Flavors & Fragrances Inc. (IFF) pays a dividend that yields 1.93% at the current price, a moderate yield.

What is IFF's return on equity?

International Flavors & Fragrances Inc. (IFF) had a return on equity (ROE) of 1.4% over the trailing twelve months. That is below the market's typical 10-15%.

What is International Flavors & Fragrances Inc.'s free cash flow?

International Flavors & Fragrances Inc. (IFF) generated $499.0M in free cash flow over the trailing twelve months.

What if you invested $1,000 in IFF back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →