Income StatementBalance SheetCash FlowSegments
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International Flavors & Fragrances Cash Flow Statement

Operating, investing, and financing cash movements

International Flavors & Fragrances generated $980.0M in operating cash flow over the trailing twelve months. After $580.0M in capital expenditures, free cash flow was $400.0M. Free cash flow decreased 0.3% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$980.0MNet Cash From Investing (TTM)$794.0MNet Cash From Financing (TTM)-$3.6BCapital Expenditures (TTM)$580.0MDepreciation And Amortization Cf (TTM)$972.0MNet Change In Cash (TTM)$142.0M
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$19.9B
P/E Ratio24.26
ROE6.02%

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures incurred but not yet paid$84.0M$58.0M$11.0M$23.0M$84.0M$97.0M
Income taxes paid$122.0M$86.0M$53.0M$123.0M$67.0M$111.0M
Interest paid$92.0M$37.0M$93.0M$45.0M$54.0M$28.0M
Capital expenditures incurred but not yet paid$84.0M$58.0M$11.0M$23.0M$84.0M$97.0M
Capital Expenditures Incurred but Not Yet Paid$84.0M$58.0M$11.0M$23.0M$84.0M$97.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill impairment loss$0.0$1.2B$0.0$0.0$0.0$0.0
Change in accounts payable$74.0M$154.0M——-$85.0M$176.0M
Change in accounts receivable—$116.0M—$89.0M—$107.0M
Change in accrued liabilities$71.0M-$246.0M———-$140.0M
Change in inventories$31.0M$92.0M$32.0M$5.0M—$33.0M
Other working capital changes—-$102.0M$76.0M$103.0M$72.0M$58.0M
Deferred income taxes-$180.0M-$61.0M-$102.0M-$50.0M-$57.0M-$15.0M
Depreciation and amortization$243.0M$236.0M$242.0M$247.0M$237.0M$246.0M
Impairment of Goodwill and Content$0.0$1.2B$0.0$0.0$0.0$0.0
Impairment charges$0.0$1.2B$0.0$0.0$0.0$0.0
Net cash from operating activities$389.0M$127.0M$241.0M$164.0M$318.0M$257.0M
Net income$0.0-$1.0B$612.0M$41.0M$0.0$170.0M
Gain on sale of business and assets$0.0$0.0-$81.0M$0.0-$28.0M-$7.0M
Accrued compensation and employee benefits$71.0M-$246.0M———-$140.0M
Payment for Pension Benefits$12.0M$5.0M$4.0M$11.0M$9.0M$5.0M
Principal pension plans – net (Note 13)$31.3M-$2.8M-$2.8M-$2.8M-$2.8M—
Pension and postretirement benefit expense$108.0M$5.0M$4.0M$11.0M-$31.0M$5.0M
Stock-based compensation$18.0M$19.0M$32.0M$21.0M$16.0M$16.0M
Loss on Sale of Subsidiary$0.0$0.0-$81.0M$0.0-$28.0M-$7.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$160.0M$179.0M$95.0M$132.0M$188.0M$165.0M
Payments for Hedge, Investing Activities$25.5M————$10.0M
Net cash from investing activities—-$157.0M$2.7B——$23.0M
Derivative Collateral and Settlements (Investing)—$22.0M$90.0M$19.0M——
Proceeds from sale of businesses$0.0$0.0$2.7B$0.0$36.0M$198.0M
Proceeds from Hedge Investing Activities—$22.0M$90.0M$19.0M——

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Repayments of debt$56.0M$16.0M$2.4B$500.0M$0.0$0.0
Distributions to noncontrolling interests$0.0$0.0$0.0$0.0$0.0—
Dividends paid$103.0M$102.0M$102.0M$102.0M$103.0M$102.0M
Net (repayments) borrowings of commercial paper (maturities less than three months)$0.0$292.0M-$292.0M$370.0M—-$160.0M
Other, net-$2.0M-$5.0M-$10.0M-$4.0M-$2.0M-$4.0M
Payment of Deferred Purchase Consideration$44.0M-$5.0M-$10.0M-$4.0M$19.0M-$4.0M
Noncontrolling interest transactions and other-$2.0M-$5.0M-$10.0M-$4.0M-$2.0M-$4.0M
Net cash from financing activities-$162.0M$169.0M-$2.8B-$237.0M-$200.0M-$301.0M
Other financing activities$44.0M-$5.0M-$10.0M-$4.0M$19.0M-$4.0M
Noncontrolling Interests Activity and Other-$2.0M-$5.0M-$10.0M-$4.0M-$2.0M-$4.0M
Repurchases of common stock$0.0$0.0———$35.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$229.0M-$52.0M$146.0M$32.0M$130.0M$92.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$44.0M$40.0M$50.0M$0.0$8.0M-$7.0M
Net increase (decrease) in cash-$98.0M$179.0M$166.0M——-$28.0M
Accrued payables for capital expenditures$84.0M$58.0M$11.0M$23.0M$84.0M$97.0M