INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) closed fiscal year 2025 with a gross margin of 36.2 % and a net margin of -3.3 %.
INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) closed fiscal year 2025 with a gross margin of 36.2 % and a net margin of -3.3 %. The same year shows an EBITDA margin of 5.3 % and an EBIT margin of -3.5 %. The free cash flow margin was 2.4 %. Against the previous year the gross margin moved +0.3 pp and the net margin −5.6 pp. Across the period the gross margin ranges between 32.0 % in 2021 and 44.8 % in 2016. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 40.64 % | 40.16 % | 41.66 % | 39.62 % | 41.66 % | 43.49 % | 44.10 % | 44.71 % | 44.78 % | 43.32 % | 42.31 % | 41.11 % | 41.03 % | 32.04 % | 33.37 % | 32.07 % | 35.91 % | 36.16 % |
| EBITDA margin (%) | — | 18.00 % | 18.90 % | 18.04 % | 19.96 % | 20.30 % | 22.07 % | 22.42 % | 21.03 % | 19.73 % | 19.05 % | 19.22 % | 17.53 % | 14.94 % | -1.18 % | -8.43 % | 15.51 % | 5.33 % |
| EBIT margin (%) | — | 14.63 % | 15.87 % | 15.34 % | 17.25 % | 17.49 % | 19.18 % | 19.46 % | 17.74 % | 16.26 % | 14.68 % | 12.94 % | 11.13 % | 5.02 % | -10.66 % | -18.38 % | 6.67 % | -3.51 % |
| Net margin (%) | 9.61 % | 8.41 % | 10.05 % | 9.57 % | 9.01 % | 11.97 % | 13.42 % | 13.87 % | 13.00 % | 8.70 % | 8.54 % | 8.87 % | 7.14 % | 2.32 % | -15.04 % | -22.57 % | 2.29 % | -3.31 % |
| FCF margin (%) | 5.66 % | 9.66 % | 7.96 % | 2.21 % | 7.01 % | 9.26 % | 12.15 % | 12.12 % | 13.60 % | 7.70 % | 6.72 % | 9.01 % | 10.27 % | 8.96 % | -0.86 % | 8.29 % | 5.29 % | 2.35 % |