International Flavors & Fragrances Inc (IFF)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	3,803,000	3,683,000	3,555,000	3,573,000	3,681,000	3,690,000	3,767,000	3,970,000	4,151,000	4,263,000	4,352,000	4,126,000	3,735,000	3,267,730	2,702,157	2,273,999	2,085,866	2,074,298	2,082,959	2,147,356
Revenue (ttm)	US$ in thousands	11,484,000	11,416,000	11,311,000	11,351,000	11,479,000	11,620,000	11,863,000	12,241,000	12,440,000	12,627,000	12,635,000	12,417,000	11,656,000	9,895,070	8,092,150	6,201,920	5,084,240	5,097,940	5,097,200	5,190,000
Gross profit margin		33.12%	32.26%	31.43%	31.48%	32.07%	31.76%	31.75%	32.43%	33.37%	33.76%	34.44%	33.23%	32.04%	33.02%	33.39%	36.67%	41.03%	40.69%	40.86%	41.37%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,803,000K ÷ $11,484,000K
= 33.12%

International Flavors & Fragrances Inc's gross profit margin has shown some fluctuations over the past few years. The margin started at a high of 41.37% in March 2020 but began to decline gradually, reaching a low of 31.43% in June 2024. The margin then showed some improvement, rising to 33.12% by December 2024.

The decreasing trend in the gross profit margin from 2020 to 2024 indicates potential challenges in managing production costs and/or pricing strategies. It is important for the company to closely monitor and control its cost of goods sold to maintain a healthy gross profit margin, which is a key indicator of a company's profitability. Further analysis of the company's cost structure and pricing strategies may provide insights into the factors influencing the margin fluctuations observed.