# Interparfums, Inc. (IPAR)

> Source: Nexqual · https://nexqual.com/IPAR · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Interparfums, Inc. (IPAR), nexqual.com/IPAR" · informational, not investment advice.

**Price:** USD 115.5 (+1.10% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 114.24 · day 114.06–115.83 · 52w 77.21–129.29 · market cap $3.70B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.50B, net income $168M (11.2% margin), free cash flow $246M (SEC filings).
- Valuation: P/E 22.0x (avg 24.1x at the last 3 fiscal year-ends).
- Analysts: Hold (mean 2.83 on a 1–5 scale) (6 analysts), mean target USD 126.5 (range 85–151).
- Total return with dividends: 1Y +32.1% vs S&P 500 +14.8%; 5Y +41.5% vs S&P 500 +79.1%.
- Next earnings: 2026-11-04, EPS estimate USD 1.89, revenue estimate $424M. All companies reporting that day: https://nexqual.com/earnings/2026-11-04
- Dividend: USD 3.2 a year (yield 2.80%), paid quarterly; latest ex-dividend date 2026-09-15; annual dividends grew 17.0% a year 2022–2025.
- Short interest: 10.83% of float (as of 2026-10-15), 8.4 days to cover.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $880M | $1.09B | $1.32B | $1.45B | $1.49B | $1.50B |
| Gross profit | $557M | $694M | $839M | $927M | $947M | — |
| Operating income | $148M | $194M | $251M | $275M | $270M | $259M |
| Net income | $87.4M | $121M | $153M | $164M | $168M | $168M |
| EPS (diluted) | $2.75 | $3.78 | $4.75 | $5.12 | $5.24 | — |
| Free cash flow | -$21.7M | $39.3M | $99.3M | $183M | $190M | $246M |
| Gross margin | 63.3% | 63.9% | 63.7% | 63.9% | 63.6% | — |
| Operating margin | 16.8% | 17.9% | 19.1% | 18.9% | 18.2% | 17.3% |
| Net margin | 9.9% | 11.1% | 11.6% | 11.3% | 11.3% | 11.2% |
| Revenue growth | +63.2% | +23.6% | +21.3% | +10.2% | +2.5% | — |
| Cash + short-term investments | $160M | $256M | — | — | — | — |
| Total debt | $149M | $180M | $157M | $157M | $176M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 22.0x · P/S 2.5x · P/FCF 15.0x · P/B 4.3x · FCF yield 6.65% · Earnings yield 4.54% · Dividend yield (paid, TTM) 2.77%
P/E at fiscal year-ends: Dec 2025 16.2x, Dec 2024 25.7x, Dec 2023 30.3x.

## Analysts
Consensus Hold (mean 2.83 on a 1–5 scale), 6 analysts; mean target USD 126.5 (low 85, high 151).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-17 | BWS Financial | Maintained | Neutral | $85 |
| 2026-08-10 | TD Cowen | Downgrade | Buy → Hold | $110 → $120 |
| 2026-08-10 | Goldman Sachs | Downgrade | Buy → Neutral | $110 → $129 |
| 2026-07-30 | Canaccord Genuity | Target raised | Buy | $141 → $151 |
| 2026-07-28 | Jefferies | Target raised | Buy | $115 → $145 |
| 2026-07-23 | Canaccord Genuity | Target raised | Buy | $123 → $141 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +32.1% | +41.5% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | +32.3% | +7.2% |
| Volatility (annualized) | 30.1% | 33.4% |
| Max drawdown | -16.6% (Feb 2026→May 2026) | -45.7% (Apr 2023→Nov 2025) |

## Dividends
Annual dividend rate USD 3.20 per share, yield 2.80% at the current price. Paid over the last 12 months: USD 3.20 in 4 payments (quarterly).
Most recent ex-dividend date: Sep 15, 2026; payment date: Sep 30, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: raised 6.7% to USD 0.80 per payment from USD 0.75, starting with the Mar 14, 2025 ex-dividend date.
Payout ratio 61% of earnings · 5-year average yield 1.97% · annual dividends grew 17.0% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-09-15 | USD 0.80 |
| 2026-06-15 | USD 0.80 |
| 2026-03-16 | USD 0.80 |
| 2025-12-15 | USD 0.80 |
| 2025-09-15 | USD 0.80 |
| 2025-06-13 | USD 0.80 |
| 2025-03-14 | USD 0.80 |
| 2024-12-16 | USD 0.75 |
Total by calendar year: 2022 USD 2.00 · 2023 USD 2.50 · 2024 USD 3.00 · 2025 USD 3.20.

## Short interest
1,953,058 shares sold short, 10.83% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 2,088,402 shares (-6.5%). Days to cover: 8.4 (short shares ÷ average daily volume).

## Peers (Household & Personal Products)
COTY (Coty Inc.) USD 3.35 -0.30% · NWL (Newell Brands Inc.) USD 5.08 -2.50% · ELF (e.l.f. Beauty, Inc.) USD 112.95 -2.13% · SPB (Spectrum Brands Holdings, Inc.) USD 81.53 +2.32% · EPC (Edgewell Personal Care Company) USD 28.57 +3.25% · CLX (Clorox Company (The)) USD 88.67 +2.11%

## More
Full page: https://nexqual.com/IPAR · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.89 | $1.80 | +5.2% | $423.8M | 3 |
| Next quarter (ends 2026-12-31) | $0.67 | $0.77 | -13.6% | $370.7M | 3 |
| Current fiscal year (ends 2026-12-31) | $4.89 | $4.86 | +0.6% | $1.49B | 5 |
| Next fiscal year (ends 2027-12-31) | $5.20 | $5.58 | -6.8% | $1.60B | 5 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-04): ±5.9%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 22 | 30.3% | ±5.9% |
| 2026-12-18 | 50 | 29.5% | ±8.9% |
| 2027-02-19 | 113 | 27.5% | ±12.2% |
| 2027-05-21 | 204 | 29.3% | ±17.3% |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.95 | $0.97 | Miss −2.1% | — |
| — | Quarter ended Mar 31, 2026 | $1.35 | $1.18 | Beat +14.4% | — |
| — | Quarter ended Dec 31, 2025 | $0.88 | $0.78 | Beat +12.8% | — |
| — | Quarter ended Sep 30, 2025 | $2.05 | $1.93 | Beat +6.2% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).