IFF INTERNATIONAL FLAVORS & FRAGRANCES INC

Overview and Growth

Fiscal 2025 results for INTERNATIONAL FLAVORS & FRAGRANCES INC combined $10.89B of revenue with net loss of $361.00M and an operating cash inflow of $850.00M. The $10.89B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 5.2% below fiscal 2024 revenue of $11.48B, marking a top-line contraction. The company reported diluted EPS of -$1.41, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 235.6% from $1.04 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 0.43x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $3.94B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 36.2%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $382.00M operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 3.5%, showing the shortfall after operating costs. The company ended the period with a net loss of $361.00M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 3.3% after all recognized items. Before income taxes, the company recorded a loss of $412.00M, bridging the operating result to the final net loss. Pretax margin was -3.8%, reflecting a pre-tax loss equal to 3.8% of revenue. The reported tax benefit was $53.00M, favorably bridging the pretax and after-tax results. The loss-to-equity relationship was 2.5%, placing the bottom-line deficit against shareholder capital. The net loss equaled 1.4% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

The company held $25.54B of assets against $11.35B of liabilities and $14.19B of equity, revealing how the asset base was financed. Current assets were $5.59B against $3.93B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 1.42x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $590.00M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 15.0%, excluding receivables and other current assets. Total debt was $5.99B, establishing the amount of borrowing carried within the company’s capital structure. The debt-to-equity relationship was 0.42x, showing how much debt the company carried for each unit of book equity. Debt represented 23.5% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 44.5%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 2.3%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 11.1% from $28.72B in fiscal 2024, leaving current total assets lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $850.00M, a reported cash inflow that can be compared directly with net income and capital spending. Capital expenditures used $594.00M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 69.9%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $256.00M of positive free cash flow for the period. The free-cash-flow margin was 2.4%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 1.0% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.