International Flavors & Fragrances Inc (IFF) - Net Assets
Based on the latest financial reports, International Flavors & Fragrances Inc (IFF) has net assets worth $14.01 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($25.15 Billion) and total liabilities ($11.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check International Flavors & Fragrances Inc (IFF) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.01 Billion |
| % of Total Assets | 55.69% |
| Annual Growth Rate | 9.15% |
| 5-Year Change | -33.15% |
| 10-Year Change | 769.7% |
| Growth Volatility | 54.99 |
International Flavors & Fragrances Inc - Net Assets Trend (1985–2025)
This chart illustrates how International Flavors & Fragrances Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see International Flavors & Fragrances Inc (IFF) total market value.
Annual Net Assets for International Flavors & Fragrances Inc (1985–2025)
The table below shows the annual net assets of International Flavors & Fragrances Inc from 1985 to 2025. Also explore net asset growth rate of International Flavors & Fragrances Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $14.19 Billion | +1.98% |
| 2024-12-31 | $13.91 Billion | -4.99% |
| 2023-12-31 | $14.64 Billion | -17.71% |
| 2022-12-31 | $17.79 Billion | -16.16% |
| 2021-12-31 | $21.22 Billion | +230.53% |
| 2020-12-31 | $6.42 Billion | +1.45% |
| 2019-12-31 | $6.33 Billion | +3.32% |
| 2018-12-31 | $6.13 Billion | +262.59% |
| 2017-12-31 | $1.69 Billion | +3.57% |
| 2016-12-31 | $1.63 Billion | +2.27% |
| 2015-12-31 | $1.59 Billion | +4.75% |
| 2014-12-31 | $1.52 Billion | +3.79% |
| 2013-12-31 | $1.47 Billion | +17.12% |
| 2012-12-31 | $1.25 Billion | +13.11% |
| 2011-12-31 | $1.11 Billion | +10.39% |
| 2010-12-31 | $1.00 Billion | +29.96% |
| 2009-12-31 | $771.91 Million | +34.69% |
| 2008-12-31 | $573.11 Million | -7.14% |
| 2007-12-31 | $617.20 Million | -31.81% |
| 2006-12-31 | $905.17 Million | -1.11% |
| 2005-12-31 | $915.35 Million | +0.53% |
| 2004-12-31 | $910.49 Million | +22.60% |
| 2003-12-31 | $742.63 Million | +29.23% |
| 2002-12-31 | $574.68 Million | +9.64% |
| 2001-12-31 | $524.17 Million | -16.96% |
| 2000-12-31 | $631.26 Million | -26.47% |
| 1999-12-31 | $858.50 Million | -9.16% |
| 1998-12-31 | $945.10 Million | -5.54% |
| 1997-12-31 | $1.00 Billion | -7.06% |
| 1996-12-31 | $1.08 Billion | -3.59% |
| 1995-12-31 | $1.12 Billion | +10.76% |
| 1994-12-31 | $1.01 Billion | +13.03% |
| 1993-12-31 | $891.90 Million | -8.72% |
| 1992-12-31 | $977.10 Million | +1.77% |
| 1991-12-31 | $960.10 Million | +6.89% |
| 1990-12-31 | $898.20 Million | +17.43% |
| 1989-12-31 | $764.90 Million | +9.99% |
| 1988-12-31 | $695.40 Million | +5.38% |
| 1987-12-31 | $659.90 Million | +26.54% |
| 1986-12-31 | $521.50 Million | +22.13% |
| 1985-12-31 | $427.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to International Flavors & Fragrances Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1109.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $35.00 Million | 0.25% |
| Other Comprehensive Income | $-1.43 Billion | -10.10% |
| Other Components | $18.97 Billion | 134.00% |
| Total Equity | $14.15 Billion | 100.00% |
International Flavors & Fragrances Inc Competitors by Market Cap
The table below lists competitors of International Flavors & Fragrances Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CRRC Corp Ltd Class A
SHG:601766
|
$21.47 Billion |
|
Telefonica SA ADR
NYSE:TEF
|
$21.49 Billion |
|
AXIA Energia SA
NYSE:AXIA-PC
|
$21.51 Billion |
|
Dow Inc
NYSE:DOW
|
$21.51 Billion |
|
United Therapeutics Corporation
NASDAQ:UTHR
|
$21.42 Billion |
|
Affirm Holdings Inc
NASDAQ:AFRM
|
$21.40 Billion |
|
Coca-Cola Femsa SAB de CV ADR
NYSE:KOF
|
$21.39 Billion |
|
Liberty Media Corporation Series C Liberty Formula One Common Stock
NASDAQ:FWONK
|
$21.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International Flavors & Fragrances Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,876,000,000 to 14,154,000,000, a change of 278,000,000 (2.0%).
- Net loss of 361,000,000 reduced equity.
- Dividend payments of 409,000,000 reduced retained earnings.
- Share repurchases of 38,000,000 reduced equity.
- Other comprehensive income increased equity by 1,097,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-361.00 Million | -2.55% |
| Dividends Paid | $409.00 Million | -2.89% |
| Share Repurchases | $38.00 Million | -0.27% |
| Other Comprehensive Income | $1.10 Billion | +7.75% |
| Other Changes | $-11.00 Million | -0.08% |
| Total Change | $- | 2.00% |
Book Value vs Market Value Analysis
This analysis compares International Flavors & Fragrances Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.83x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $3.86 | $84.24 | x |
| 1986-12-31 | $4.62 | $84.24 | x |
| 1987-12-31 | $5.80 | $84.24 | x |
| 1988-12-31 | $6.11 | $84.24 | x |
| 1989-12-31 | $6.73 | $84.24 | x |
| 1990-12-31 | $7.85 | $84.24 | x |
| 1991-12-31 | $8.37 | $84.24 | x |
| 1992-12-31 | $8.48 | $84.24 | x |
| 1993-12-31 | $7.80 | $84.24 | x |
| 1994-12-31 | $9.04 | $84.24 | x |
| 1995-12-31 | $10.04 | $84.24 | x |
| 1996-12-31 | $9.64 | $84.24 | x |
| 1997-12-31 | $9.12 | $84.24 | x |
| 1998-12-31 | $8.81 | $84.24 | x |
| 1999-12-31 | $8.11 | $84.24 | x |
| 2000-12-31 | $6.26 | $84.24 | x |
| 2001-12-31 | $5.42 | $84.24 | x |
| 2002-12-31 | $6.01 | $84.24 | x |
| 2003-12-31 | $7.87 | $84.24 | x |
| 2004-12-31 | $9.52 | $84.24 | x |
| 2005-12-31 | $9.67 | $84.24 | x |
| 2006-12-31 | $9.91 | $84.24 | x |
| 2007-12-31 | $7.04 | $84.24 | x |
| 2008-12-31 | $7.19 | $84.24 | x |
| 2009-12-31 | $9.72 | $84.24 | x |
| 2010-12-31 | $12.42 | $84.24 | x |
| 2011-12-31 | $13.56 | $84.24 | x |
| 2012-12-31 | $15.26 | $84.24 | x |
| 2013-12-31 | $17.86 | $84.24 | x |
| 2014-12-31 | $18.63 | $84.24 | x |
| 2015-12-31 | $19.66 | $84.24 | x |
| 2016-12-31 | $20.33 | $84.24 | x |
| 2017-12-31 | $21.22 | $84.24 | x |
| 2018-12-31 | $68.46 | $84.24 | x |
| 2019-12-31 | $54.87 | $84.24 | x |
| 2020-12-31 | $55.54 | $84.24 | x |
| 2021-12-31 | $86.76 | $84.24 | x |
| 2022-12-31 | $69.78 | $84.24 | x |
| 2023-12-31 | $57.30 | $84.24 | x |
| 2024-12-31 | $54.20 | $84.24 | x |
| 2025-12-31 | $55.29 | $84.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International Flavors & Fragrances Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.31%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.80x
- Recent ROE (-2.55%) is below the historical average (17.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 16.32% | 13.91% | 0.89x | 1.31x | $27.00 Million |
| 1986 | 16.43% | 13.81% | 0.92x | 1.29x | $33.55 Million |
| 1987 | 16.21% | 14.35% | 0.85x | 1.33x | $41.01 Million |
| 1988 | 18.51% | 15.33% | 0.95x | 1.27x | $59.16 Million |
| 1989 | 18.12% | 15.94% | 0.90x | 1.27x | $62.11 Million |
| 1990 | 17.45% | 16.28% | 0.85x | 1.26x | $66.88 Million |
| 1991 | 17.57% | 16.59% | 0.84x | 1.27x | $72.69 Million |
| 1992 | 17.46% | 15.15% | 0.89x | 1.30x | $72.89 Million |
| 1993 | 22.70% | 17.04% | 0.97x | 1.37x | $113.31 Million |
| 1994 | 22.42% | 17.18% | 0.94x | 1.39x | $125.19 Million |
| 1995 | 22.28% | 17.28% | 0.94x | 1.37x | $137.14 Million |
| 1996 | 17.64% | 13.22% | 0.95x | 1.40x | $82.25 Million |
| 1997 | 21.81% | 15.29% | 1.00x | 1.42x | $118.15 Million |
| 1998 | 21.56% | 14.48% | 1.01x | 1.47x | $109.29 Million |
| 1999 | 18.87% | 11.25% | 1.03x | 1.63x | $76.15 Million |
| 2000 | 19.49% | 8.41% | 0.59x | 3.94x | $59.88 Million |
| 2001 | 22.13% | 6.29% | 0.81x | 4.33x | $63.59 Million |
| 2002 | 30.62% | 9.72% | 0.81x | 3.89x | $118.48 Million |
| 2003 | 23.24% | 9.08% | 0.82x | 3.11x | $98.33 Million |
| 2004 | 21.53% | 9.64% | 0.86x | 2.60x | $105.02 Million |
| 2005 | 21.09% | 9.69% | 0.76x | 2.88x | $101.53 Million |
| 2006 | 25.02% | 10.81% | 0.85x | 2.74x | $135.98 Million |
| 2007 | 40.04% | 10.85% | 0.83x | 4.42x | $185.41 Million |
| 2008 | 40.07% | 9.61% | 0.87x | 4.80x | $172.32 Million |
| 2009 | 25.43% | 8.41% | 0.88x | 3.44x | $118.63 Million |
| 2010 | 26.37% | 10.05% | 0.91x | 2.87x | $163.61 Million |
| 2011 | 24.16% | 9.57% | 0.94x | 2.69x | $156.42 Million |
| 2012 | 20.35% | 9.01% | 0.87x | 2.60x | $129.25 Million |
| 2013 | 24.16% | 11.97% | 0.89x | 2.28x | $207.24 Million |
| 2014 | 27.30% | 13.42% | 0.88x | 2.30x | $262.69 Million |
| 2015 | 26.36% | 13.87% | 0.82x | 2.33x | $260.22 Million |
| 2016 | 24.91% | 13.00% | 0.78x | 2.47x | $242.41 Million |
| 2017 | 17.56% | 8.70% | 0.74x | 2.73x | $127.24 Million |
| 2018 | 5.54% | 8.41% | 0.31x | 2.14x | $-268.84 Million |
| 2019 | 7.30% | 8.83% | 0.39x | 2.14x | $-167.73 Million |
| 2020 | 5.78% | 7.18% | 0.38x | 2.15x | $-266.12 Million |
| 2021 | 1.27% | 2.30% | 0.29x | 1.88x | $-1.84 Billion |
| 2022 | -10.50% | -15.02% | 0.35x | 1.99x | $-3.65 Billion |
| 2023 | -17.56% | -22.35% | 0.37x | 2.12x | $-4.03 Billion |
| 2024 | 1.75% | 2.12% | 0.40x | 2.07x | $-1.14 Billion |
| 2025 | -2.55% | -3.31% | 0.43x | 1.80x | $-1.78 Billion |
Industry Comparison
This section compares International Flavors & Fragrances Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,321,988,592
- Average return on equity (ROE) among peers: -0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| International Flavors & Fragrances Inc (IFF) | $14.01 Billion | 16.32% | 0.80x | $21.45 Billion |
| Albemarle Corp (ALB) | $3.82 Billion | 1.44% | 1.03x | $13.38 Billion |
| Alto Ingredients Inc (ALTO) | $418.26 Million | 0.34% | 0.69x | $317.25 Million |
| Aemetis Inc (AMTX) | $-22.20 Million | 0.00% | 0.00x | $127.74 Million |
| Air Products and Chemicals Inc (APD) | $15.66 Billion | 14.69% | 1.04x | $62.29 Billion |
| Ashland Global Holdings Inc (ASH) | $1.44 Billion | 10.05% | 2.77x | $3.22 Billion |
| ASP Isotopes Inc. Common Stock (ASPI) | $262.90 Million | -66.60% | 0.95x | $484.46 Million |
| Aspen Aerogels Inc (ASPN) | $-61.97 Million | 0.00% | 0.00x | $403.33 Million |
| Avient Corp (AVNT) | $387.20 Million | 6.07% | 3.58x | $3.38 Billion |
| Axalta Coating Systems Ltd (AXTA) | $1.31 Billion | 15.80% | 4.09x | $6.23 Billion |
| Balchem Corporation (BCPC) | $3.70 Million | 16.22% | 0.62x | $5.17 Billion |
About International Flavors & Fragrances Inc
International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and markets food, beverage, health and biosciences, scent, and complementary adjacent products in the United States, and internationally. It operates in through Taste, Food Ingredients, Health & Biosciences, and Scent segments. The Taste segment offers savory products such as soups, sauces, meat, fish, poultry, … Read more