International Flavors & Fragrances
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. International Flavors & Fragrances's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $11,479,000,000. Profit margin reached -22%. Total operating expenses were $5,791,000,000.
Profit Margin
| 2014 | 3.08B | 414.54M | 13.42% |
|---|---|---|---|
| 2015 | 3.02B | 411.66M | 13.62% |
| 2016 | 3.11B | 405.03M | 13% |
| 2017 | 3.39B | 295.66M | 8.7% |
| 2018 | 3.97B | 337.30M | 8.48% |
| 2019 | 5.14B | 455.87M | 8.87% |
| 2020 | 5.08B | 365M | 7.18% |
| 2021 | 11.65B | 268M | 2.3% |
| 2022 | 12.44B | -1.83B | -14.76% |
| 2023 | 11.47B | -2.56B | -22.35% |
IFF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 11.47B | 12.44B | 11.65B | 5.08B | 5.14B | 3.97B | 3.39B | 3.11B | 3.02B | 3.08B |
Cost of revenue | 7.79B | 8.28B | 7.92B | 2.99B | 3.02B | 2.29B | 1.91B | 1.71B | 1.67B | 1.72B |
Gross profit | 3.68B | 4.15B | 3.73B | 2.08B | 2.11B | 1.68B | 1.47B | 1.39B | 1.35B | 1.36B |
Operating exp. | ||||||||||
Research and development | 636M | 603M | 629M | 356.86M | 346.12M | 311.58M | 286.02M | 254.26M | 246.10M | 253.64M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.53M | 0 |
Total operating expenses | 5.79B | 3.09B | 3.11B | 1.49B | 1.41B | 1.09B | 878.03M | 844.25M | 766.18M | 768.53M |
Operating income | -2.11B | 1.09B | 585M | 566.48M | 665.27M | 583.88M | 581.44M | 567.35M | 577.81M | 592.32M |
Other income (expenses), net | -408M | -2.71B | -231M | -125.11M | -107.81M | -7.46M | -100.25M | 21.88M | -49.24M | -43.26M |
Income before tax | -2.51B | -1.62B | 354M | 441.37M | 557.45M | 447.75M | 537.04M | 523.71M | 528.57M | 549.06M |
Income tax expense | 45M | 211M | 75M | 73.99M | 97.18M | 107.97M | 241.38M | 118.68M | 116.90M | 134.51M |
Net income | -2.56B | -1.83B | 268M | 365M | 455.87M | 337.30M | 295.66M | 405.03M | 411.66M | 414.54M |
Earnings per share | ||||||||||
Basic EPS | -10.06 | -7.2 | 1.1 | 3.25 | 4.04 | 3.85 | 3.73 | 5.07 | 5.19 | 5.09 |
Diluted EPS | -10.06 | -7.2 | 1.1 | 3.2 | 4 | 3.83 | 3.72 | 5.05 | 5.16 | 5.06 |
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