International Flavors & Fragrances Inc. (IFF) Stock Price & Analysis

International Flavors & Fragrances Inc. (IFF) closed at USD 93.83 on Thursday, October 22, 2026, up 3.08% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 91.03; the Oct 22, 2026 session ranged USD 90.13–93.88 on volume of 1,930,432 shares. Market capitalization is $23.94B, with a 52-week range of USD 61.3–93.89 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.

Also available as compact Markdown for AI agents: nexqual.com/IFF.md

Key facts (IFF)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (IFF)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$11.7B$12.4B$11.5B$11.5B$10.9B$9.98B
Gross profit$3.73B$4.15B$3.68B$4.12B$3.94B—
Operating income$585M-$1.33B-$2.11B$766M-$382M$754M
Net income$279M-$1.86B-$2.59B$267M-$359M$292M
EPS (diluted)$1.10-$7.32-$10.14$1.04-$1.41—
Free cash flow$1.04B-$107M$952M$607M$256M$540M
Gross margin32.0%33.4%32.1%35.9%36.2%—
Operating margin5.0%-10.7%-18.4%6.7%-3.5%7.6%
Net margin2.4%-15.0%-22.5%2.3%-3.3%2.9%
Revenue growth+129.3%+6.7%-7.7%+0.0%-5.2%—
Cash + short-term investments$711M$483M$703M$469M$590M—
Total debt$11.4B$11.0B$10.1B$8.98B$5.99B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (IFF)

P/E 82.0x · P/S 2.4x · EV/EBITDA 20.6x · EV/Sales 2.9x · P/FCF 44.3x · P/B 1.7x · FCF yield 2.26% · Earnings yield 1.22% · Dividend yield (paid, TTM) 1.71% · Net debt $5.13B · EV $29.1B

P/E at fiscal year-ends: Dec 2024 81.1x.

Superinvestors (SEC 13F-HR, Q2 2026) (IFF)

5 of 80 tracked investors hold IFF. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
First Pacific Advisors5.43%$432MAdded +0.8%
Carl IcahnIcahn Capital Management4.10%$339MUnchanged
Hillman CapitalHillman Capital Management3.61%$5.0MReduced -13.6%
Dodge & Cox FundsDodge & Cox1.53%$2.93BAdded +1.5%
First Eagle InvestmentFirst Eagle Investment Management1.24%$745MAdded +1.0%

Insider sales (SEC Form 4, open-market, last ~7 months) (IFF)

0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-08-17Teles De Mendonca Ana PaulaPresident, Scent5,718$476K100%NoToo little history (no open-market trades in 2023–2025)
2026-08-07Birenkrant MarcController & CAO1,000$85K9.4%NoToo little history (no open-market trades in 2023–2025)
2026-08-06Deveau MichaelEVP, CFO8,825$755K62.9%NoToo little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (IFF)

1 purchase, $20.3M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-06-01Fribourg Paul JDirector273,500$20.3M74.29Too little history (no open-market trades in 2023 or 2024)

Analysts (IFF)

Consensus Buy (mean 2.10 on a 1–5 scale), 20 analysts; mean target USD 97.18 (low 76, high 108).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-22OppenheimerTarget raisedOutperform$95 → $108
2026-10-16BarclaysTarget raisedOverweight$96 → $105
2026-10-07CitigroupTarget loweredBuy$101 → $100
2026-10-07Argus ResearchTarget raisedBuy$85 → $95
2026-09-11KeybancInitiatedSector Weight
2026-08-07BarclaysTarget raisedOverweight$90 → $96
2026-08-06UBSTarget raisedNeutral$84 → $91
2026-08-06BenchmarkTarget raisedBuy$100 → $105
2026-07-01Morgan StanleyTarget raisedOverweight$93 → $95
2026-06-30Argus ResearchTarget raisedBuy$80 → $85

Total return (dividends reinvested) (IFF)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+45.8%-26.3%
S&P 500 (SPY)+14.9%+80.3%
Per year+46.0%-5.9%
Volatility (annualized)34.9%34.2%
Max drawdown-19.3% (Feb 2026→Mar 2026)-56.4% (Nov 2021→Oct 2025)

IFF revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Taste$688.0M35.2%+5.2%
Scent$665.0M34.0%+10.3%
Health & Biosciences$601.0M30.8%+7.5%
Total revenue$1.95B100%—

IFF revenue by region (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Europe, Africa and Middle East$715.0M36.6%+3.8%
Greater Asia$501.0M25.6%+8.0%
North America$481.0M24.6%-6.8%
Latin America$257.0M13.2%+2.8%
Total revenue$1.95B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

IFF customer concentration

In the period ended Dec 31, 2025, a single direct customer accounted for 10% of revenue, per the company's 10-K filed Feb 27, 2026. The company does not name it.

IFF company outlook (results filed Aug 4, 2026)

Quoted word-for-word from the SEC 8-K results press release.

IFF analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.81$1.15-29.3%$1.91B13
Next quarter (ends Dec 2026)$0.66$0.93-28.7%$1.82B11
Current fiscal year (ends Dec 2026)$3.32$4.49-26.1%$7.59B15
Next fiscal year (ends Dec 2027)$3.99$4.80-16.8%$7.84B18

IFF options: expected move

Options price a move of about ±8.7% (±$8.18) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±8.2% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262835.1%±8.7%
Dec 18, 20265628.9%±9.4%
Feb 19, 202711929.5%±13.5%
Mar 19, 202714730.3%±15.4%
May 21, 202721031.2%±18.8%
Jun 17, 202723731.2%±19.9%
Sep 17, 202732932.3%±24.0%

30-day implied volatility 34.2% vs 19.8% realized over the last 30 trading days. Put/call ratio (volume) 2.71. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:23 UTC)

PriceUSD 93.83
Change▲ 3.08% (up)
Previous CloseUSD 91.03
OpenUSD 91.43
Day RangeUSD 90.13 – 93.88
52-Week RangeUSD 61.3 – 93.89
Volume1,930,432 shares
Market Cap$23.94B
ExchangeNYQ

Technical Analysis (IFF)

Nexqual's technical model rates IFF "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.

Overall SignalBUY
RSI (14)78.37 (overbought)
vs SMA50Above (USD 85.68)
MACD2.04 (positive)

Analyst Ratings (IFF)

Wall Street analysts rate IFF "Buy" based on 20 analysts, with a mean price target of USD 97.18 (range USD 76–108), per Nexqual as of October 23, 2026 at 09:23 UTC.

Consensus RatingBuy
Analyst Count20
Mean TargetUSD 97.18
High TargetUSD 108
Low TargetUSD 76
Buy / Hold / Sell14 / 6 / 0

Earnings (IFF)

Next Earnings Date2026-11-03
EPS EstimateUSD 0.81
Revenue Estimate$1.91B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.82 vs est 1.12 ▼ miss
2026-03-31USD 1.25 vs est 1.07 ▲ beat
2025-12-31USD 0.8 vs est 0.83 ▼ miss
2025-09-30USD 1.05 vs est 1.02 ▲ beat

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Financials & Fundamentals (IFF)

Total Revenue$10.78B
Revenue Growth (latest quarter, YoY)+1.80%
Gross Margin+36.58%
Operating Margin+8.49%
Profit Margin+2.57%
ROE-5.55%
Debt / Equity0.45
Current Ratio2.06
Total Cash$569.00M
Total Debt$6.28B
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$540.00M (5.4% of revenue)

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Financial Health Score (IFF)

Nexqual rates International Flavors & Fragrances Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:23 UTC.

GrowthWeak — Revenue -5% YoY (annual), declining
ProfitabilitySolid — Gross margin 37%, operating 8% (last 12 months)
Balance SheetStrong — $569M cash and investments vs $5.70B debt (Jun 2026, SEC)
Cash FlowSolid — FCF $540M (last 4 quarters to Jun 2026, SEC), 5% margin
EfficiencyCritical — ROE -6%, ROA 2.3%

Ownership (IFF)

Insider Ownership+0.11%
Institutional Ownership+110.23%
Shares Outstanding255.15M
Float254.45M
Short % of Float+8.68%

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Leadership (IFF)

International Flavors & Fragrances Inc. is led by Jon Erik Fyrwald, CEO & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.

CEO & DirectorJon Erik Fyrwald
Executive VP & CFOMichael DeVeau
President of Taste Division & Chief Commercial OfficerYuvraj Arora
President of Food IngredientsAndres Muller
President of Health & BiosciencesLeticia Goncalves Lourenco

Major Backers & Investors (IFF)

Notable institutional backers of International Flavors & Fragrances Inc. include Dodge & Cox Inc., Freemont Capital Pte Ltd., First Eagle Investment Management, LLC, according to Nexqual as of October 23, 2026 at 09:23 UTC.

Active Investors

InvestorStake
Dodge & Cox Inc.14.5%
Freemont Capital Pte Ltd.9.94%
First Eagle Investment Management, LLC3.69%
Invesco3.69%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC2.4%
Fidelity1.3%

Index Funds (Passive)

FundStake
Vanguard Group10.92%
BlackRock9.08%
State Street4.84%
Geode Capital2.67%

Source: Nexqual, October 23, 2026 at 09:23 UTC.

From International Flavors & Fragrances Inc.'s Latest SEC 10-K Filing (filed 2026-02-27)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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RPMRPM International Inc.USD 101.72▲ 1.84%
ALBAlbemarle CorporationUSD 92.54▼ 2.04%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.

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