International Flavors & Fragrances (IFF) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

International Flavors & Fragrances Revenue Highlights

Latest Revenue (Y)

$11.48B

Latest Revenue (Q)

$2.92B

Main Segment (Y)

Nourish

Main Geography (Y)

EMEA

International Flavors & Fragrances Revenue by Period

International Flavors & Fragrances Revenue by Year

Date	Revenue	Change
2023-12-31	$11.48B	-7.73%
2022-12-31	$12.44B	6.73%
2021-12-31	$11.66B	129.26%
2020-12-31	$5.08B	-1.09%
2019-12-31	$5.14B	29.23%
2018-12-31	$3.98B	17.03%
2017-12-31	$3.40B	9.06%
2016-12-31	$3.12B	3.08%
2015-12-31	$3.02B	-2.12%
2014-12-31	$3.09B	4.59%
2013-12-31	$2.95B	4.66%
2012-12-31	$2.82B	1.20%
2011-12-31	$2.79B	6.30%
2010-12-31	$2.62B	12.76%
2009-12-31	$2.33B	-2.65%
2008-12-31	$2.39B	4.95%
2007-12-31	$2.28B	8.65%
2006-12-31	$2.10B	5.12%
2005-12-31	$1.99B	-1.98%
2004-12-31	$2.03B	6.95%
2003-12-31	$1.90B	5.10%
2002-12-31	$1.81B	-1.87%
2001-12-31	$1.84B	26.04%
2000-12-31	$1.46B	1.62%
1999-12-31	$1.44B	2.29%
1998-12-31	$1.41B	-1.37%
1997-12-31	$1.43B	-0.65%
1996-12-31	$1.44B	-0.24%
1995-12-31	$1.44B	9.45%
1994-12-31	$1.32B	10.65%
1993-12-31	$1.19B	-

International Flavors & Fragrances generated $11.48B in revenue during NA 2023, up -7.73% compared to the previous quarter, and up 288.60% compared to the same period a year ago.

International Flavors & Fragrances Revenue by Quarter

Date	Revenue	Change
2024-09-30	$2.92B	1.25%
2024-06-30	$2.89B	-0.34%
2024-03-31	$2.90B	7.25%
2023-12-31	$2.70B	-4.15%
2023-09-30	$2.82B	-3.72%
2023-06-30	$2.93B	-3.24%
2023-03-31	$3.03B	6.43%
2022-12-31	$2.84B	-7.15%
2022-09-30	$3.06B	-7.38%
2022-06-30	$3.31B	2.51%
2022-03-31	$3.23B	6.43%
2021-12-31	$3.03B	-1.30%
2021-09-30	$3.07B	-0.58%
2021-06-30	$3.09B	25.31%
2021-03-31	$2.46B	94.08%
2020-12-31	$1.27B	0.16%
2020-09-30	$1.27B	5.78%
2020-06-30	$1.20B	-11.03%
2020-03-31	$1.35B	4.95%
2019-12-31	$1.28B	1.30%
2019-09-30	$1.27B	-1.88%
2019-06-30	$1.29B	-0.45%
2019-03-31	$1.30B	6.43%
2018-12-31	$1.22B	34.32%
2018-09-30	$907.55M	-1.36%
2018-06-30	$920.02M	-1.17%
2018-03-31	$930.93M	8.93%
2017-12-31	$854.63M	-2.10%
2017-09-30	$872.94M	3.57%
2017-06-30	$842.86M	1.76%
2017-03-31	$828.29M	8.62%
2016-12-31	$762.56M	-1.86%
2016-09-30	$777.00M	-2.08%
2016-06-30	$793.48M	1.30%
2016-03-31	$783.31M	9.45%
2015-12-31	$715.65M	-6.46%
2015-09-30	$765.09M	-0.32%
2015-06-30	$767.54M	-0.95%
2015-03-31	$774.91M	2.49%
2014-12-31	$756.08M	-2.29%
2014-09-30	$773.81M	-1.85%
2014-06-30	$788.41M	2.36%
2014-03-31	$770.22M	6.21%
2013-12-31	$725.17M	-2.30%
2013-09-30	$742.26M	-2.03%
2013-06-30	$757.63M	4.09%
2013-03-31	$727.84M	6.95%
2012-12-31	$680.56M	-4.01%
2012-09-30	$708.96M	-1.71%
2012-06-30	$721.32M	1.51%
2012-03-31	$710.62M	10.28%
2011-12-31	$644.38M	-9.72%
2011-09-30	$713.77M	-0.25%
2011-06-30	$715.59M	0.18%
2011-03-31	$714.27M	13.40%
2010-12-31	$629.87M	-6.45%
2010-09-30	$673.28M	1.12%
2010-06-30	$665.80M	1.82%
2010-03-31	$653.91M	11.66%
2009-12-31	$585.63M	-4.41%
2009-09-30	$612.63M	7.81%
2009-06-30	$568.26M	1.54%
2009-03-31	$559.63M	3.81%
2008-12-31	$539.10M	-12.70%
2008-09-30	$617.54M	-2.92%
2008-06-30	$636.13M	6.62%
2008-03-31	$596.61M	-

International Flavors & Fragrances generated $2.92B in revenue during Q3 2024, up 1.25% compared to the previous quarter, and up 99.86% compared to the same period a year ago.

International Flavors & Fragrances Revenue Breakdown

International Flavors & Fragrances Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Health & Biosciences	$2.08B	$2.34B	$2.33B	-	-
Pharma Solutions	$945.00M	$971.00M	$809.00M	-	-
Nourish	$6.06B	$6.83B	$6.26B	-	-
Scent	$2.39B	$2.30B	$2.25B	-	-
Fragrances	-	-	-	$396.93M	$1.54B
Flavors	-	-	-	$372.70M	$2.85B
Fragrance Ingredients	-	-	-	-	$745.75M

International Flavors & Fragrances's latest annual revenue breakdown by segment (product or service), as of Dec 23: Nourish (52.79%), Scent (20.85%), Health & Biosciences (18.13%), and Pharma Solutions (8.23%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Scent	$613.00M	$645.00M	$578.00M	$615.00M	$592.00M	$608.00M	$545.00M	$591.00M	$580.00M	$585.00M	$555.00M	$580.00M	$550.00M	-	-	-	-	-	-	-
Nourish	$1.49B	$1.50B	$1.39B	$1.45B	$1.56B	$1.65B	$1.58B	$1.70B	$1.82B	$1.73B	$1.63B	$1.66B	$1.67B	-	-	-	-	-	-	-
Pharma Solutions	$256.00M	$227.00M	$203.00M	$238.00M	$251.00M	$253.00M	$221.00M	$257.00M	$244.00M	$249.00M	$204.00M	$211.00M	$232.00M	$162.00M	-	-	-	-	-	-
Health & Biosciences	$570.00M	$531.00M	$528.00M	$518.00M	$522.00M	$513.00M	$501.00M	$512.00M	$665.00M	$661.00M	$646.00M	$618.00M	$639.00M	$426.00M	-	-	-	-	-	-
Fragrances	-	-	-	-	-	-	-	-	-	-	-	-	-	$569.00M	$97.51M	$98.31M	$92.29M	$108.82M	$478.31M	$389.76M
Flavors	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.31B	$91.54M	$91.00M	$93.54M	$43.95M	$429.87M	$716.17M
Frutarom Industries Ltd.	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$375.59M	$363.69M

International Flavors & Fragrances's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Nourish (50.80%), Scent (20.96%), Health & Biosciences (19.49%), and Pharma Solutions (8.75%).

International Flavors & Fragrances Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
North America	$3.48B	$3.85B	$3.50B	$1.23B	$1.17B
Asia	$2.68B	$2.88B	$2.73B	$1.16B	$1.16B
EMEA	$3.83B	$4.22B	$4.09B	$1.99B	$2.08B
Latin America	$1.49B	$1.49B	$1.34B	$706.94M	$724.84M

International Flavors & Fragrances's latest annual revenue breakdown by geography, as of Dec 23: EMEA (33.40%), North America (30.29%), Asia (23.32%), and Latin America (12.99%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Jun 19	Mar 19
Latin America	$381.00M	$374.00M	$372.00M	$379.00M	$376.00M	$364.00M	$360.00M	$393.00M	$387.00M	$352.00M	$350.00M	$366.00M	$337.00M	$283.00M	$173.00M	$183.03M	$159.62M	$191.29M	$176.30M	$178.78M
EMEA	$964.00M	$977.00M	$876.00M	$918.00M	$970.00M	$1.07B	$961.00M	$1.03B	$1.10B	$1.13B	$1.05B	$1.08B	$1.08B	$873.00M	$499.86M	$481.09M	$463.32M	$543.13M	$528.09M	$529.61M
Asia	$694.00M	$682.00M	$646.00M	$670.00M	$673.00M	$688.00M	$676.00M	$701.00M	$755.00M	$744.00M	$738.00M	$696.00M	$707.00M	$587.00M	$293.63M	$283.20M	$275.31M	$309.51M	$293.26M	$287.96M
North America	$886.00M	$866.00M	$809.00M	$853.00M	$910.00M	$905.00M	$847.00M	$939.00M	$1.06B	$1.00B	$891.00M	$925.00M	$961.00M	$722.00M	$303.58M	$320.75M	$300.52M	$303.39M	$293.92M	$301.06M

International Flavors & Fragrances's latest quarterly revenue breakdown by geography, as of Sep 24: EMEA (32.96%), North America (30.29%), Asia (23.73%), and Latin America (13.03%).

International Flavors & Fragrances Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LYB	LyondellBasell Industries	$41.11B	-
LIN	Linde	$32.85B	$8.36B
SHW	Sherwin-Williams Company	$23.05B	$6.16B
PPG	PPG Industries	$18.25B	$4.58B
EMN	Eastman Chemical Company	$16.36B	$4.32B
ECL	Ecolab	$15.32B	$4.00B
WLK	Westlake	$12.55B	$3.12B
APD	Air Products and Chemicals	$12.10B	$5.01B
IFF	International Flavors & Fragrances	$11.48B	$2.92B
RPM	RPM	$7.34B	$1.97B
CC	Chemours Company	$6.03B	$1.50B
CBT	Cabot	$3.99B	$1.02B

IFF Revenue FAQ

What is International Flavors & Fragrances’s yearly revenue?

International Flavors & Fragrances's yearly revenue for 2023 was $11.48B, representing a decrease of -7.73% compared to 2022. The company's yearly revenue for 2022 was $12.44B, representing an increase of 6.73% compared to 2021. IFF's yearly revenue for 2021 was $11.66B, representing an increase of 129.26% compared to 2020.

What is International Flavors & Fragrances’s quarterly revenue?

International Flavors & Fragrances's quarterly revenue for Q3 2024 was $2.92B, a 1.25% increase from the previous quarter (Q2 2024), and a 3.72% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.89B, a -0.34% decrease from the previous quarter (Q1 2024), and a -1.37% decrease year-over-year (Q2 2023). IFF's quarterly revenue for Q1 2024 was $2.9B, a 7.25% increase from the previous quarter (Q4 2023), and a -4.23% decrease year-over-year (Q1 2023).

What is International Flavors & Fragrances’s revenue growth rate?

International Flavors & Fragrances's revenue growth rate for the last 3 years (2021-2023) was -1.52%, and for the last 5 years (2019-2023) was 123.32%.

What are International Flavors & Fragrances’s revenue streams?

International Flavors & Fragrances's revenue streams in c 23 are Health & Biosciences, Pharma Solutions, Nourish, and Scent. Health & Biosciences generated $2.08B in revenue, accounting 18.13% of the company's total revenue, down -11.03% year-over-year. Pharma Solutions generated $945M in revenue, accounting 8.23% of the company's total revenue, down -2.68% year-over-year. Nourish generated $6.06B in revenue, accounting 52.79% of the company's total revenue, down -11.26% year-over-year. Scent generated $2.39B in revenue, accounting 20.85% of the company's total revenue, up 4.00% year-over-year.

What is International Flavors & Fragrances’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of International Flavors & Fragrances was Nourish. This segment made a revenue of $6.06B, representing 52.79% of the company's total revenue.