International Flavors & Fragrances Inc (IFF)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 766,000 | 612,000 | 1,090,000 | 585,000 | 566,484 |
| Revenue | US$ in thousands | 11,484,000 | 11,479,000 | 12,440,000 | 11,656,000 | 5,084,240 |
| Operating profit margin | 6.67% | 5.33% | 8.76% | 5.02% | 11.14% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $766,000K ÷ $11,484,000K
= 6.67%
The operating profit margin of International Flavors & Fragrances Inc has fluctuated over the past five years. It stood at 11.14% on December 31, 2020, indicating a healthy level of profitability. However, there was a notable decrease in the margin to 5.02% on December 31, 2021, suggesting a decline in operating efficiency.
Subsequently, there was a recovery in the operating profit margin to 8.76% on December 31, 2022, indicating an improvement in profitability. However, there was another decrease to 5.33% on December 31, 2023, which might signal challenges in maintaining consistent profitability.
On December 31, 2024, the operating profit margin was recorded at 6.67%, showing a slight increase from the previous year. Overall, the trend in the operating profit margin of International Flavors & Fragrances Inc has been somewhat volatile, with periods of both growth and decline in profitability. This suggests a need for the company to focus on enhancing operational efficiency and cost management to ensure sustained profitability in the future.
Peer comparison
Dec 31, 2024