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 • Green Plains • NewMarket • Westlake Chemical Partners • Sensient Technologies • Renewable Energy • REX American Resources • Futurefuel • Amyris ...

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

$118.00

Low target

$81.00

High target

$141.00

Latest filings (excl ownership)

View all

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

23 Mar 23

Consolidated Statements of (Loss) Income

27 Feb 23

8-K

Departure of Directors or Certain Officers

27 Feb 23

8-K

IFF Reports Fourth Quarter and Full Year 2022 Results

8 Feb 23

8-K

IFF Appoints Gary Hu to Board of Directors

2 Feb 23

8-K

Departure of Directors or Certain Officers

2 Feb 23

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

Winder Investment Pte Ltd

Financial summary

Financial statements Chart IFF financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 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)	552.00 mm	552.00 mm	552.00 mm	552.00 mm	552.00 mm	552.00 mm
Cash burn (monthly)	1.00 mm	13.67 mm	(no burn)	114.67 mm	(no burn)	(no burn)
Cash used (since last report)	3.02 mm	41.26 mm	n/a	346.19 mm	n/a	n/a
Cash remaining	548.98 mm	510.74 mm	n/a	205.81 mm	n/a	n/a
Runway (months of cash)	549.0	37.4	n/a	1.8	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

IFF institutional ownership history Ownership history

91.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	747	706	+5.8%
Opened positions	127	79	+60.8%
Closed positions	86	84	+2.4%
Increased positions	271	282	-3.9%
Reduced positions	233	221	+5.4%

13F shares	Current	Prev Q	Change
Total value	24.61 tn	19.55 bn	+125801.7%
Total shares	234.39 mm	215.01 mm	+9.0%
Total puts	485.00 k	449.70 k	+7.8%
Total calls	825.80 k	601.70 k	+37.2%
Total put/call ratio	0.6	0.7	-21.4%

Largest owners	Shares	Value	Change
Vanguard	31.92 mm	$3.35 tn	+1.0%
Winder Investment Pte	25.36 mm	$2.66 tn	0.0%
BLK Blackrock	21.92 mm	$2.30 tn	+6.1%
STT State Street	10.54 mm	$1.11 tn	NEW
Massachusetts Financial Services	8.68 mm	$910.22 bn	+20.7%
T. Rowe Price	7.77 mm	$811.08 bn	+59.2%
Amundi	6.58 mm	$758.32 bn	+22.2%
Sachem Head Capital Management	6.45 mm	$675.82 bn	+3.0%
Geode Capital Management	5.16 mm	$538.26 bn	+2.3%
LTS One Management	4.45 mm	$466.54 bn	-10.3%

Largest transactions	Shares	Bought/sold	Change
STT State Street	10.54 mm	+10.54 mm	NEW
Viking Global Investors	439.36 k	-3.29 mm	-88.2%
T. Rowe Price	7.77 mm	+2.89 mm	+59.2%
Third Point	2.30 mm	+2.30 mm	NEW
Barrow Hanley Mewhinney & Strauss	3.09 mm	-2.26 mm	-42.3%
Impax Asset Management	2.15 mm	+1.58 mm	+275.8%
EdgePoint Investment	10.09 k	-1.55 mm	-99.4%
Massachusetts Financial Services	8.68 mm	+1.49 mm	+20.7%
Millennium Management	1.43 mm	+1.36 mm	+2034.3%
BLK Blackrock	21.92 mm	+1.27 mm	+6.1%

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
1 Mar 23	Gaoxiang Hu	RSU Common Stock	Grant	Acquire A	No	No	0	434	0.00	434
1 Mar 23	Willoughby Dawn C	RSU Common Stock	Grant	Acquire A	No	No	0	434	0.00	434
1 Mar 23	Frank Clyburn	Common Stock	Payment of exercise	Dispose F	No	No	91.64	477	43.71 k	846
1 Mar 23	Frank Clyburn	Common Stock	Option exercise	Acquire M	No	No	0	1,323	0.00	1,323
1 Mar 23	Frank Clyburn	Restricted Deferred Stock Units Common Stock	Option exercise	Dispose M	No	No	0	1,323	0.00	5,296
19 Feb 23	Jennifer Amy Johnson	Common Stock	Payment of exercise	Dispose F	No	No	96.13	293	28.17 k	4,418
19 Feb 23	Jennifer Amy Johnson	Common Stock	Option exercise	Acquire M	No	No	0	708	0.00	4,711
19 Feb 23	Jennifer Amy Johnson	RSU Common Stock	Option exercise	Dispose M	No	No	0	708	0.00	1,041