IFF International Flavors & Fragrances margins

Relative Growth: Rel. Growth: 27

Relative Strength: Rel. Strength: 70

Relative Valuation: Rel. Valuation: 53

Relative Profitability: Rel. Profitability: 54

Gross margin

37.5%

Operating margin

5.5%

EBITDA margin

15%

Net margin

2.9%

Using the latest TTM figures, International Flavors & Fragrances shows a gross margin of 37.5%, an operating margin of 5.5%, an EBITDA margin of 15%, and a net margin of 2.9%. Operating margin had the largest improvement, increasing by 11.8 percentage points, while the other available margins also improved.

IFF margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, International Flavors & Fragrances recorded average margins of 35.66% gross, -8.14% operating, 3.71% EBITDA, and -8.35% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

IFF margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 11.8 percentage points.

Gross margin expansion

0.3pp

Operating margin expansion

11.8pp

EBITDA margin expansion

8.2pp

Net margin expansion

6.9pp

IFF Gross margin

The average gross margin for International Flavors & Fragrances was 35.66% during the last 3 years. The current gross margin stands at 37.5%, 1.8 percentage points above its three-year average. The gross margin for International Flavors & Fragrances moved between 32.1% in Dec 2023 and 37.5% in Jun 2026.

IFF Operating margin

Over the last 3 years, the average operating margin for International Flavors & Fragrances was -8.14%. The latest operating margin for International Flavors & Fragrances is 5.5%, 13.6 percentage points above its three-year average. International Flavors & Fragrances's operating margin ranged from a low of -20.3% in Jun 2024 to a high of 5.6% in Mar 2026.

IFF EBITDA margin

The average EBITDA margin for International Flavors & Fragrances was 3.71% during the last 3 years. Against its three-year average, International Flavors & Fragrances's EBITDA margin is currently 15%, 11.3 percentage points above its three-year average. The EBITDA margin for International Flavors & Fragrances moved between -8.7% in Dec 2023 and 19.6% in Mar 2026.

IFF Net margin

Across the last 3 years, International Flavors & Fragrances's net margin averaged -8.35%. As of the latest period, International Flavors & Fragrances's current net margin is 2.9%, which is 11.3 percentage points above its three-year average. Net margin was highest at 8.4% in Mar 2026 and lowest at -22.6% in Dec 2023.

IFF margin group comparison

Margins compared with peer-group, industry and sector averages

International Flavors & Fragrances's gross margin of 37.5% is higher than the Basic Materials sector and the industry average but lower than its peers average. Looking at the Basic Materials sector average of 32.3%, International Flavors & Fragrances's gross margin is 16% higher.

IFF margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is International Flavors & Fragrances's gross margin?

The current gross margin for IFF is 37.5% as of Jun 30, 2026.

What is International Flavors & Fragrances's operating margin?

The current operating margin for IFF is 5.5% as of Jun 30, 2026.

What is International Flavors & Fragrances's EBITDA margin?

As of Jun 30, 2026, IFF has an EBITDA margin of 15%.

What is International Flavors & Fragrances's net margin?

The current net margin for IFF is 2.9% as of Jun 30, 2026.

What are the average margins of IFF?

Over the past 3 years, IFF reported average margins of 35.7% gross, -8.1% operating, 3.7% EBITDA, and -8.4% net.

What are the highest historical margins of IFF?

International Flavors & Fragrances's highest recorded margins during the past 5 years were 37.5% gross in Jun 2026, 8.1% operating in Jun 2022, 19.6% EBITDA in Mar 2026, and 8.4% net in Mar 2026.

What are the lowest historical margins of IFF?

Looking back across 5 years, IFF reached its lowest margins at 31.8% gross in Jun 2023, -20.3% operating in Jun 2024, -8.7% EBITDA in Dec 2023, and -22.6% net in Dec 2023.