TTM
7.6%
YoY change
+1.06pp
Trough year (2023)
-18.4%
Peak year (1995)
26.7%
Latest annual
7.7%
Operating Margin history chart for International Flavors & Fragrances (IFF) from 1985 to 2025
Latest: 7.7%
Operating Margin change chart for International Flavors & Fragrances (IFF) from 1985 to 2025
Latest: +1.06pp
Operating Margin history table for International Flavors & Fragrances (IFF) from 1985 to 2025
| 2025 | 7.7% | +1.06pp | ||
| 2024 | 6.7% | +25.05pp | ||
| 2023 | -18.4% | -7.72pp | ||
| 2022 | -10.7% | -15.68pp | ||
| 2021 | 5.0% | -6.11pp | ||
| 2020 | 11.1% | -1.80pp | ||
| 2019 | 12.9% | -1.74pp | ||
| 2018 | 14.7% | -1.58pp | ||
| 2017 | 16.3% | -1.48pp | ||
| 2016 | 17.7% | -1.72pp | ||
| 2015 | 19.5% | +0.28pp | ||
| 2014 | 19.2% | +1.69pp | ||
| 2013 | 17.5% | +0.24pp | ||
| 2012 | 17.2% | +1.43pp | ||
| 2011 | 15.8% | -0.06pp | ||
| 2010 | 15.9% | +1.25pp | ||
| 2009 | 14.6% | -0.23pp | ||
| 2008 | 14.9% | -1.17pp | ||
| 2007 | 16.0% | +0.33pp | ||
| 2006 | 15.7% | +2.31pp | ||
| 2005 | 13.4% | -1.87pp | ||
| 2004 | 15.3% | +0.23pp | ||
| 2003 | 15.0% | -2.19pp | ||
| 2002 | 17.2% | +1.73pp | ||
| 2001 | 15.5% | -2.27pp | ||
| 2000 | 17.8% | -1.78pp | ||
| 1999 | 19.5% | -2.25pp | ||
| 1998 | 21.8% | -1.48pp | ||
| 1997 | 23.3% | -0.42pp | ||
| 1996 | 23.7% | -2.98pp | ||
| 1995 | 26.7% | +0.17pp | ||
| 1994 | 26.5% | +0.77pp | ||
| 1993 | 25.7% | +2.33pp | ||
| 1992 | 23.4% | -1.60pp | ||
| 1991 | 25.0% | +0.15pp | ||
| 1990 | 24.9% | +0.23pp | ||
| 1989 | 24.6% | -0.50pp | ||
| 1988 | 25.1% | +1.14pp | ||
| 1987 | 24.0% | +1.45pp | ||
| 1986 | 22.5% | -0.38pp | ||
| 1985 | 22.9% | — |
- 20257.7%+1.06pp
- 20246.7%+25.05pp
- 2023-18.4%-7.72pp
- 2022-10.7%-15.68pp
- 20215.0%-6.11pp
- 202011.1%-1.80pp
- 201912.9%-1.74pp
- 201814.7%-1.58pp
- 201716.3%-1.48pp
- 201617.7%-1.72pp
- 201519.5%+0.28pp
- 201419.2%+1.69pp
- 201317.5%+0.24pp
- 201217.2%+1.43pp
- 201115.8%-0.06pp
- 201015.9%+1.25pp
- 200914.6%-0.23pp
- 200814.9%-1.17pp
- 200716.0%+0.33pp
- 200615.7%+2.31pp
- 200513.4%-1.87pp
- 200415.3%+0.23pp
- 200315.0%-2.19pp
- 200217.2%+1.73pp
- 200115.5%-2.27pp
- 200017.8%-1.78pp
- 199919.5%-2.25pp
- 199821.8%-1.48pp
- 199723.3%-0.42pp
- 199623.7%-2.98pp
- 199526.7%+0.17pp
- 199426.5%+0.77pp
- 199325.7%+2.33pp
- 199223.4%-1.60pp
- 199125.0%+0.15pp
- 199024.9%+0.23pp
- 198924.6%-0.50pp
- 198825.1%+1.14pp
- 198724.0%+1.45pp
- 198622.5%-0.38pp
- 198522.9%—
Operating Margin values are taken from International Flavors & Fragrances's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at International Flavors & Fragrances (IFF)
According to International Flavors & Fragrances's latest reported financial statements, the company's latest reported operating margin is 7.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for International Flavors & Fragrances (IFF) came in at 7.73% – expanded 1.1 percentage points year-over-year.
The highest annual operating margin of 26.68% was reported in 1995. The lowest in the available history was -18.38% in 2023.
International Flavors & Fragrances Operating Margin by Year
International Flavors & Fragrances Operating Margin 2025: 7.7%
International Flavors & Fragrances posted operating margin of 7.73% in 2025, expanded 1.1 percentage points from 2024.
International Flavors & Fragrances Operating Margin 2024: 6.7%
In 2024, International Flavors & Fragrances reported operating margin of 6.67%, expanded 25.1 percentage points from 2023.
International Flavors & Fragrances Operating Margin 2023: -18.4%
International Flavors & Fragrances operating margin in 2023 was -18.38%, contracted 7.7 percentage points from 2022. This figure represents the lowest annual value in the available history.
International Flavors & Fragrances Operating Margin 2022: -10.7%
2022's operating margin for International Flavors & Fragrances came in at -10.66%, contracted 15.7 percentage points from 2021.
International Flavors & Fragrances Operating Margin 2021: 5.0%
International Flavors & Fragrances operating margin in 2021 was 5.02%.
See more financial history for International Flavors & Fragrances (IFF).
Sector peers by Operating Margin
Basic Materials peers of International Flavors & Fragrances (IFF), ranked by their latest operating margin
| 56.9% | |
| 54.6% | |
| 52.6% | |
| 28.8% | |
| 27.8% | |
| 17.5% | |
| 16.1% | |
| 13.2% |
- 52.6%
- 28.8%
- 17.5%
- 13.2%
Frequently asked questions
International Flavors & Fragrances (IFF) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation