International Flavors & Fragrances Inc (IFF)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 243,000 | -2,321,000 | -2,355,000 | -2,498,000 | -2,566,000 | 47,000 | -2,174,000 | -2,094,000 | -1,842,000 | -1,755,000 | 635,000 | 556,000 | 270,000 | 247,589 | 139,281 | 195,779 | 362,386 | 378,340 | 419,772 | 471,651 |
| Total assets | US$ in thousands | 28,667,000 | 29,928,000 | 29,543,000 | 30,642,000 | 30,978,000 | 33,395,000 | 34,459,000 | 35,470,000 | 35,390,000 | 34,537,000 | 39,304,000 | 39,747,000 | 39,678,000 | 40,252,000 | 40,864,000 | 40,817,000 | 13,555,700 | 13,085,400 | 12,989,100 | 12,689,100 |
| ROA | 0.85% | -7.76% | -7.97% | -8.15% | -8.28% | 0.14% | -6.31% | -5.90% | -5.20% | -5.08% | 1.62% | 1.40% | 0.68% | 0.62% | 0.34% | 0.48% | 2.67% | 2.89% | 3.23% | 3.72% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $243,000K ÷ $28,667,000K
= 0.85%
International Flavors & Fragrances Inc's return on assets (ROA) has shown a declining trend over the past few years. From a peak of 3.72% in March 2020, the ROA has steadily decreased to negative figures by the end of 2022. This downward trajectory indicates that the company's ability to generate profits from its assets has weakened over time.
The negative ROA figures suggest that International Flavors & Fragrances Inc may be experiencing challenges in effectively utilizing its assets to generate earnings. A negative ROA typically indicates that the company is not generating sufficient profits relative to the size of its asset base.
While there was a slight improvement in ROA in the first quarter of 2023, the figure declined again in subsequent quarters, reaching its lowest point of -8.28% by the end of December 2023. The ROA rebounded slightly in the following periods but remained in negative territory until the end of September 2024 when it turned positive at 0.85%.
Overall, the fluctuating and negative ROA trend of International Flavors & Fragrances Inc suggests the company may be facing challenges in efficiently utilizing its assets to generate profits. Investors and stakeholders may closely monitor the company's strategies to improve asset utilization in order to enhance profitability in the future.
Peer comparison
Dec 31, 2024