IFF

International Flavors & FragrancesNYSE · Specialty Chemicals · Materials

Previous close

93.02

Change

+2.21 / +2.43%

FinDog View

Neutral

52-Week Range ?

61.30 – 94.65

P/E (TTM) ?

79.7

Forward P/E ?

23.7

Based on consensus earnings for the next 12 months

Market Cap

$23.3B

+11.43%

S&P 500 −0.91% over same period

Volume / Avg Volume

2.7M / 2.2M

1.26× average

Latest earnings analysisFY2026 Q2Reported 2026-08-04

IFF Q2 2026: sales up 2%, GAAP EPS $0.20, divestiture reshapes portfolio

IFF's second quarter looks better underneath than the headline. Continuing-operations sales rose 2.0% to $1.95 billion and comparable currency-neutral sales rose 6.0%, while adjusted EPS ex amortization of $0.82 came in below the $1.13 consensus EPS estimate. Read the GAAP and the adjusted numbers together, because this quarter's story is a portfolio being rebuilt, not a business accelerating.

Read the full analysis →

Revenue$1.95BYoY +1.80%

EPS (non-GAAP)$0.82Missest. $1.13

Next-quarter revenue guidance$7.50B ±1.3%YoY +283.80%

Next-day move+8.88%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 77.91M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-08-04	$2.0B	0.82 / 1.13	+8.88%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-05-05	$2.7B	1.25 / 1.08	+17.18%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-11	$10.9B	0.80 / 0.84	+5.89%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-11-04	$2.7B	1.05 / 1.02	+4.08%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-08-05	$2.8B	1.15 / —	−6.32%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-05-06	$2.8B	1.20 / —	−7.08%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2026-11-03

in 2 days · After hours

Consensus EPS

$0.82

Last quarter EPS $0.82

Avg. next-day move over the last 6 reports

±8.2%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

A 5-year P/E range needs a longer earnings record; not yet comparable

Last 4 quarters: $71.0M in buybacks + $409M in dividends, 2.06% of market cap combined

P/E (TTM)

79.7

P/B

1.7

P/S

2.3

Dividend Yield

4.34%

Earnings Reaction

Over the last 6 reports, the stock moved ±8.2% on average on the first trading day after, rising 4 times

Most recent +8.88%

Volatility & Correlation

1-year beta 0.64 · Correlation with S&P 500 0.23Low beta

Annualized volatility 36% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 3 · $1.3MNet selling $1.3M

08-17Teles de Mendonca Ana PaulaPresident, ScentSell$0.48M5,718 shares · Avg price 83.19
08-07Birenkrant MarcController & CAOSell$0.09M1,000 shares · Avg price 85.00
08-06DeVeau MichaelEVP, CFOSell$0.75M8,825 shares · Avg price 85.55

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q2	1.95	+1.8%	43.7%	0.16	0.05	0.29	0.20
FY2026 Q1	2.74	−3.6%	37.1%	0.27	0.17	0.09	0.66
FY2025 Q4	3.43	+23.9%	31.9%	0.15	—	0.13	0.08
FY2025 Q3	2.69	−7.9%	36.5%	0.23	0.04	0.03	0.16
FY2025 Q2	1.92	−33.6%	42.9%	0.14	0.60	0.15	2.33
FY2025 Q1	2.84	−1.9%	36.4%	-0.90	-1.02	-0.05	-3.98
FY2024 Q4	2.77	+2.5%	—	—	—	0.23	—
FY2024 Q3	2.93	+3.7%	36.0%	0.25	0.06	0.24	0.23
FY2024 Q2	2.89	−1.4%	37.0%	0.19	0.17	0.16	0.66
FY2024 Q1	2.90	−4.2%	35.3%	0.20	0.06	-0.02	0.23
FY2023 Q4	2.70	−5.0%	31.8%	-2.54	—	0.55	-10.31
FY2023 Q3	2.82	−7.9%	32.8%	0.15	0.03	0.32	0.10

Peers

Largest by market cap in the sector · Latest quarterView Materials sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
IFF	International Flavors & Fragrances	$23.3B	79.7	+1.8%	43.7%	+11.43%	Neutral
LIN	Linde plc	$239B	32.0	+9.2%	—	+8.34%	Bullish	Compare
NEM	Newmont	$109B	12.5	+15.2%	—	−7.57%	Bullish	Compare
FCX	Freeport-McMoRan	$89.3B	30.5	−8.1%	30.0%	−10.76%	Bullish	Compare
ECL	Ecolab	$84.7B	41.0	+12.7%	44.1%	+10.34%	Bullish	Compare
SHW	Sherwin-Williams	$79.8B	29.9	+7.9%	47.8%	+2.89%	Bullish	Compare
APD	Air Products	$70.0B	—	+4.6%	32.8%	+13.73%	Neutral	Compare
NUE	Nucor	$61.5B	17.1	+23.0%	19.6%	+17.16%	Bullish	Compare
CRH	CRH plc	$59.9B	15.6	+3.0%	38.8%	+9.67%	Bullish	Compare

The View in One Line

Comparable revenue grew, 43.7% gross margin, $286M FCF, but adjusted EPS $0.82 missed $1.1283 badly; regulatory and stranded costs persist, so neutral.

Updated 2026-10-30

ETFs holding it

XLB Materials Select Sector SPDR Fund3.56%
RSP Invesco S&P 500 Equal Weight ETF0.24%
VYM Vanguard High Dividend Yield ETF0.10%
VTV Vanguard Value ETF0.04%
SPY SPDR S&P 500 ETF Trust0.04%
VOO Vanguard S&P 500 ETF0.04%
IVV iShares Core S&P 500 ETF0.04%
VTI Vanguard Total Stock Market ETF0.03%

Weights estimated at latest prices

Key Events

08-04M&A / Contracts
IFF Sells Food Ingredients Business and Reports Q2 Results
On August 4, 2026, IFF reported Q2 results and disclosed the sale of its food ingredients business to a CVC-affiliated fund under a May 29 agreement, retaining about 10% equity, expected to close by the end of Q2 2027.Source ↗
06-23Capital Actions
IFF Signs $1 Billion Term Loan to Refinance €800 Million Notes
On June 23, 2026, IFF entered into a $1 billion delayed draw term loan with Wells Fargo and other banks to refinance, together with cash, its €800 million 1.800% senior notes due September 2026.Source ↗
06-01M&A / Contracts
IFF Sells Food Ingredients Business for $4.3 Billion
On May 28, 2026, IFF signed an agreement with a CVC affiliate to sell its food ingredients business for about $4.3 billion, expecting about $3.8 billion in net cash and a minority stake of about 9.9%.Source ↗
05-04Governance
IFF Annual Meeting Completes Director Elections and Auditor Approval
On April 29, 2026, IFF's shareholders elected 10 directors, approved PwC as 2026 auditor, and passed an advisory vote on executive compensation.Source ↗

Key Financial Trends

Quarterly Revenue ($B)2.0

Gross Margin43.7%

Free Cash Flow ($B)0.3