International Flavors & Fragrances Inc (IFF)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 33.40% | 33.04% | 32.93% | 33.48% | 34.29% | 34.59% | 35.26% | 34.04% | 32.86% | 33.88% | 34.29% | 37.69% | 42.15% | 42.71% | 42.60% | 42.81% | 42.26% | 23.51% | 22.95% | 22.18% |
| Operating profit margin | -19.14% | 4.75% | -14.02% | -12.95% | -10.96% | -10.21% | 8.30% | 7.61% | 5.15% | 5.31% | 4.62% | 6.20% | 11.44% | 11.99% | 12.62% | 13.90% | 13.30% | 7.25% | 7.25% | 7.03% |
| Pretax margin | -22.88% | 1.02% | -17.31% | -16.04% | -13.48% | -12.28% | 6.24% | 5.64% | 3.03% | 3.25% | 2.16% | 3.83% | 8.84% | 9.40% | 10.36% | 11.38% | 11.06% | 5.85% | 5.47% | 5.17% |
| Net profit margin | -23.29% | 0.16% | -19.27% | -17.91% | -15.46% | -14.25% | 5.15% | 4.59% | 2.38% | 2.56% | 1.75% | 3.27% | 7.34% | 7.81% | 8.62% | 9.39% | 9.12% | 4.37% | 4.18% | 3.92% |
International Flavors & Fragrances Inc.'s profitability ratios exhibit fluctuations over the past eight quarters.
The Gross profit margin has shown a downward trend, decreasing from 33.37% in Q4 2022 to 32.07% in Q4 2023. This suggests a potential decrease in the company's ability to generate revenue after accounting for the cost of goods sold.
Similarly, the Operating profit margin declined from 8.46% in Q4 2022 to 5.04% in Q4 2023, indicating a decrease in profitability from core business operations.
The Pretax margin has been volatile, with significant negative margins in Q4 2023 and Q2 2023. This implies that the company's earnings before taxes have been impacted by various factors, such as expenses or impairment charges.
The Net profit margin has also shown inconsistency, with negative margins in Q4 2023, Q2 2023, and Q1 2023. This indicates that the company's profitability after all expenses and taxes have been deducted has been fluctuating.
Overall, the company's profitability ratios suggest that International Flavors & Fragrances Inc. may be facing challenges in maintaining consistent profitability, possibly due to factors such as cost management, competitive pressures, or macroeconomic conditions. Investors and stakeholders may need to closely monitor the company's financial performance and management strategies to assess its future profitability prospects.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -6.81% | 1.59% | -4.65% | -4.33% | -3.73% | -3.64% | 2.61% | 2.32% | 1.48% | 1.27% | 0.89% | 0.92% | 4.18% | 4.45% | 4.75% | 5.49% | 5.00% | 4.96% | 4.63% | 4.34% |
| Return on assets (ROA) | -8.29% | 0.05% | -6.40% | -5.99% | -5.27% | -5.08% | 1.62% | 1.40% | 0.68% | 0.61% | 0.34% | 0.48% | 2.68% | 2.90% | 3.25% | 3.71% | 3.43% | 2.99% | 2.67% | 2.42% |
| Return on total capital | -8.74% | 2.15% | -5.81% | -5.63% | -4.60% | -4.50% | 3.44% | 3.06% | 1.95% | 1.70% | 1.11% | 1.16% | 5.51% | 5.74% | 6.11% | 7.02% | 6.58% | 6.57% | 5.63% | 5.43% |
| Return on equity (ROE) | -17.57% | 0.11% | -12.51% | -11.96% | -10.60% | -10.40% | 3.13% | 2.66% | 1.28% | 1.15% | 0.64% | 0.91% | 5.76% | 6.24% | 7.04% | 8.08% | 7.33% | 6.40% | 5.75% | 5.20% |
International Flavors & Fragrances Inc.'s profitability ratios show fluctuating performance over the past eight quarters.
The Operating Return on Assets (Operating ROA) has been on a declining trend from Q4 2022 to Q4 2023, indicating a decrease in efficiency in generating operating income from its assets. However, the ratios remain within a relatively stable range, suggesting some consistency in operational performance.
Return on Assets (ROA) shows a negative trend, with the company experiencing losses in most quarters. Q2 and Q1 of 2023 showed particularly poor performance, with ROA dropping significantly. This indicates challenges in generating profits relative to its total assets.
Return on Total Capital has also shown a decreasing pattern over the quarters, indicating a decline in the company's ability to generate returns from its total capital employed. However, the ratios have been relatively consistent, hovering around the 2-4% range, showing moderate performance.
Return on Equity (ROE) has been negative for most quarters, indicating that the company's shareholders have not been earning a return on their investment. The performance has been particularly weak in Q2 and Q1 of 2023, where the negative ROE indicates significant losses in shareholder value.
Overall, International Flavors & Fragrances Inc. is facing challenges in profitability, as evidenced by the negative ROA and ROE. The company may need to focus on improving operational efficiency and financial performance to enhance its profitability in upcoming periods.