International Flavors & Fragrances Inc (IFF)

Operating return on assets (Operating ROA)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands -2,110,000 -1,326,000 585,000 566,000 665,000
Total assets US$ in thousands 30,978,000 35,522,000 39,658,000 13,555,000 13,287,400
Operating ROA -6.81% -3.73% 1.48% 4.18% 5.00%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $-2,110,000K ÷ $30,978,000K
= -6.81%

International Flavors & Fragrances Inc.'s operating return on assets (operating ROA) has shown a declining trend over the past five years, indicating a decrease in the company's ability to generate profit from its operating activities relative to its asset base. The operating ROA decreased from 5.25% in 2019 to 1.87% in 2023. This decline suggests that the company's operating profitability has weakened, which may be attributed to factors such as increased operating expenses, inefficient asset utilization, or declining operating margins. Investors and stakeholders should monitor this trend closely to assess the company's operational efficiency and profitability in the future.


Peer comparison

Dec 31, 2023