← BackINTERNATIONAL FLAVORS & FRAGRANCES INC · Industrial Organic ChemicalsIFF
Low riskNext report: In 6 days (est.)
The short versionA company still losing money with steady sales. Institutions are adding.
Going well
- Pays a 1.7% dividend yield
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 8.4% to their holdings in the quarter ending June 2026 (398 bought, 285 sold)
- Held by Ray Dalio (Bridgewater), Carl Icahn
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$93.66-0.5% that day
- Company value
- $23.9B
- Share price times all shares
- Price vs profit (P/E)
- 82.2x
- You pay about $82 for each $1 of yearly profit
- Price vs sales
- 2.4x
- Company value is 2.4 times a year of sales
- Dividend yield
- 1.7%
- Yearly dividend as a share of today's price
- Cash vs value
- 2%
- Cash as a share of company value
- Debt vs value
- 24%
- Debt as a share of company value
From IFF's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$2.0B+1.8% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $10.0B, down 4.6% from the 12 months before. Over 5 years, sales grew about 17% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-2.6%
- PassDebt under half of equityNot relying on borrowed money.0.40x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-3.3%
- MissProfitable every yearSteady profits, not one good year.7 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$256.0M
- PassShare count not growingNot diluting owners. Falling means buybacks.+0.4% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.36.2%
- Revenue
- $10.9B
- -5.2% vs prior year
- 5-year growth
- +16.5%/yr
- revenue, per year
- Total debt
- $5.6B
- 0.40x equity
- Current ratio
- 1.42x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $2.0B
- +1.8% YoY
- EPS
- $0.20
- vs $2.33
- Op. margin
- 8.1%
- +0.7 pts
- Gross margin
- 43.7%
- +0.8 pts
- Free cash flow
- $286.0M
- Share count
- 0.0%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.8
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.4%Institutions added 8.4% to their holdings. 398 bought, 285 sold. 5 quarters of net buying in a row.
Shares held by institutions282.0M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
0.0%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $5.7B debtShares outstandingLatest reported
255MNext reportIn 6 days (est.)Estimated from the same quarter last year
- Results filedAug 4
- Results filedMay 5
- Results filedFeb 11
- Results filedNov 4, 2025
- Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
25-NSESep 25 · Form 25-NSE ↗SoldDe Mendonca Ana Paula TelesPresident, Scent
5,718 shares at $83.19 · $476K
- -100% of holdings
- Owns no shares after
- Not a pre-planned sale
- Filed 2 days after trade
Planned insider saleAug 17 · Form 144 ↗SoldMarc BirenkrantController & CAO
1,000 shares at $85.00 · $85K
- -22% of holdings
- Now owns 3,446 shares
- Not a pre-planned sale
- Filed 3 days after trade
Planned insider saleAug 7 · Form 144 ↗SoldMichael DeveauEVP, CFO
8,825 shares at $85.55 · $755K
- -63% of holdings
- Now owns 5,199 shares
- Not a pre-planned sale
- Filed 1 day after trade
Planned insider saleAug 6 · Form 144 ↗Earnings resultsAug 4 · Form 8-K ↗Quarterly reportAug 4 · Form 10-Q ↗Investor disclosureAug 4 · Form 8-K ↗11-KJun 29 · Form 11-K ↗Major agreementJun 23 · Form 8-K ↗BoughtPaul J FribourgDirector
273,500 shares at $74.29 avg ($74.28 to $74.49) · $20.3M
- +11% of holdings
- Now owns 2,682,730 shares
- Held by Continental Grain Company
- 2 transactions
- Filed 1 day after trade
Major agreementJun 1 · Form 8-K ↗Option exerciseMarc BirenkrantController & CAO
389 shares
- +9% of holdings
- Now owns 4,587 shares
- Filed 2 days after trade
- Also: Shares withheld for taxes