International Flavors & Fragrances (IFF)

Company Profile

IFF uses Uncommon Sense to create what the world needs. As a collective of unconventional thinkers and creators, the Company puts science and artistry to work to create unique and unexpected scents, tastes, experiences and ingredients for the products its world craves.

Company profile

Ticker

IFF

Exchange

NYSE

Website

www.iff.com

CEO

Andreas Fibig

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Manufacturing > All Other Basic Organic Chemical Manufacturing

Industry (SIC)

Industrial Organic Chemicals

LyondellBasell Industries • Westlake • Sensient Technologies • NewMarket • Green Plains • Westlake Chemical Partners • Renewable Energy • Futurefuel • REX American Resources • Alto Ingredients ...

SEC CIK

0000051253

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

International Flavors & Fragrances S.R.L. • Danisco Argentina S.A. • Solae Argentina S.A. • Enzymotec Australia Pty Ltd • Taura Natural Ingredients Holdings Pty Limited • Bush Boake Allen Australia Pty Ltd • IFF Australia Holdings Pty Limited • International Flavours & Fragrances (Australia) Pty Ltd • Lucas Meyer Cosmetics Australia Pty Ltd • Southern Cross Botanicals Pty Ltd ...

IRS number

131432060

IFF stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$102.00

Low target

$75.00

High target

$128.00

Latest filings (excl ownership)

View all

10 May 23

IFF Reports First Quarter 2023 Results

8 May 23

8-K

Submission of Matters to a Vote of Security Holders

8 May 23

DEFA14A

Additional proxy soliciting materials

12 Apr 23

8-K

Departure of Directors or Certain Officers

12 Apr 23

8-K

Entry into a Material Definitive Agreement

27 Mar 23

ARS

2022 FY

Annual report to shareholders

23 Mar 23

DEFA14A

Additional proxy soliciting materials

Transcripts

View all

IFF

Earnings call transcript

2022 Q4

9 Feb 23

IFF

Earnings call transcript

2022 Q3

8 Nov 22

IFF

Earnings call transcript

2022 Q2

9 Aug 22

IFF

Earnings call transcript

2022 Q1

10 May 22

IFF

Earnings call transcript

2021 Q4

10 Feb 22

IFF

Earnings call transcript

2021 Q3

9 Nov 21

IFF

Earnings call transcript

2021 Q2

6 Aug 21

IFF

Earnings call transcript

2021 Q1

11 May 21

IFF

Earnings call transcript

2020 Q4

11 Feb 21

IFF

Earnings call transcript

2020 Q4

11 Feb 21

Latest ownership filings

View all

de Villeplee Christophe Fauchon

12 May 23

144

Notice of proposed sale of securities

Financial summary

Financial statements Chart IFF financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	617.00 mm	617.00 mm	617.00 mm	617.00 mm	617.00 mm	617.00 mm
Cash burn (monthly)	(no burn)	3.75 mm	(no burn)	132.17 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	7.32 mm	n/a	257.89 mm	n/a	n/a
Cash remaining	n/a	609.68 mm	n/a	359.11 mm	n/a	n/a
Runway (months of cash)	n/a	162.6	n/a	2.7	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

IFF institutional ownership history Ownership history

90.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	731	752	-2.8%
Opened positions	76	132	-42.4%
Closed positions	97	86	+12.8%
Increased positions	294	271	+8.5%
Reduced positions	237	233	+1.7%

13F shares	Current	Prev Q	Change
Total value	21.20 tn	24.63 tn	-13.9%
Total shares	230.50 mm	234.57 mm	-1.7%
Total puts	858.60 k	485.00 k	+77.0%
Total calls	847.50 k	825.80 k	+2.6%
Total put/call ratio	1.0	0.6	+72.5%

Largest owners	Shares	Value	Change
Vanguard	32.04 mm	$2.95 tn	+0.4%
Winder Investment Pte	25.36 mm	$2.33 tn	0.0%
BLK Blackrock	21.40 mm	$1.97 tn	-2.4%
STT State Street	13.37 mm	$1.24 tn	+26.9%
Massachusetts Financial Services	8.98 mm	$825.78 bn	+3.4%
Sachem Head Capital Management	6.68 mm	$614.71 bn	+3.7%
Capital Research Global Investors	5.70 mm	$524.29 bn	+133.2%
Geode Capital Management	5.27 mm	$483.95 bn	+2.3%
T. Rowe Price	4.58 mm	$423.77 bn	-41.1%
Nordea Investment Management Ab	4.43 mm	$404.77 bn	+20.8%

Largest transactions	Shares	Bought/sold	Change
Amundi	2.91 mm	-3.67 mm	-55.8%
Capital Research Global Investors	5.70 mm	+3.26 mm	+133.2%
T. Rowe Price	4.58 mm	-3.20 mm	-41.1%
STT State Street	13.37 mm	+2.84 mm	+26.9%
NMR Nomura	2.94 mm	+2.78 mm	+1800.8%
Barrow Hanley Mewhinney & Strauss	362.31 k	-2.73 mm	-88.3%
Millennium Management	0.00	-1.43 mm	EXIT
FMR	605.40 k	-1.36 mm	-69.2%
Norges Bank	0.00	-1.04 mm	EXIT
MS Morgan Stanley	2.13 mm	-779.90 k	-26.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IFF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 May 23	de Villeplee Christophe Fauchon	Common Stock	Sell	Dispose S	No	No	86.35	1,972	170.28 k	9,093
4 May 23	Barry A. Bruno	Common Stock	Option exercise	Acquire M	No	No	0	1,245	0.00	1,534
4 May 23	Barry A. Bruno	RSU Common Stock	Option exercise	Dispose M	No	No	0	1,245	0.00	0
4 May 23	Davidson Carol Anthony	Stock Equivalent Unit Common Stock	Grant	Acquire A	No	No	0	1,245	0.00	2,350.793
4 May 23	Davidson Carol Anthony	RSU Common Stock	Sale back to company	Dispose D	No	No	0	1,245	0.00	0
4 May 23	Kathryn Jean Boor	Stock Equivalent Unit Common Stock	Grant	Acquire A	No	No	0	1,245	0.00	2,350.793
4 May 23	Kathryn Jean Boor	RSU Common Stock	Sale back to company	Dispose D	No	No	0	1,245	0.00	0
4 May 23	John Francis Ferraro	Stock Equivalent Unit Common Stock	Grant	Acquire A	No	No	0	1,245	0.00	8,609.759
4 May 23	John Francis Ferraro	RSU Common Stock	Sale back to company	Dispose D	No	No	0	1,245	0.00	0