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International Flavors & Fragrances IFF Bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding

Bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding at other companies

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Other financials

Income statement

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Revenue$2.7B-3.6%
Gross profit$1.0B-1.6%
Operating income$273.0M+130%
Net income$169.0M+117%
EPS (diluted)$0.66+117%

Balance sheet

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Cash & equivalents$562.0M-13.5%
Total debt$6.3B-35.5%
Total equity$14.1B+7.2%
Total assets$25.1B-11.0%

Cash flow

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Operating cash flow$257.0M+102%
CapEx$165.0M-7.8%
Free cash flow$92.0M+277%

Valuation

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Market cap$19.39B+0.8%
Enterprise value$25.17B-0.1%
P/E23.6×
P/S1.8×+0.1×

Profitability

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Gross margin36.3%+0.2pp
Operating margin-3.2%-1.4pp
Net margin7.6%+5.2pp
FCF margin3.7%-1.3pp

Returns & leverage

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Return on equity6%+4.0pp
Debt / equity0.4×-0.3×
Current ratio1.5×-0.4×

Where this comes from

Reported directly by International Flavors & Fragrances in its filing.

Tagged under the XBRL concept iff:BankGuaranteesStandbyLettersOfCreditAndCommercialGuaranteesAmountOutstanding.

The official record: International Flavors & Fragrances’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is International Flavors & Fragrances's bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding?
International Flavors & Fragrances (IFF) reported bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding of $53M in Q1 2026.
How has International Flavors & Fragrances's bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding changed year-over-year?
International Flavors & Fragrances's bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding decreased by 7.0% year-over-year, from $57M to $53M.
What is the long-term trend for International Flavors & Fragrances's bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding?
Over 3 years (2022 to 2025), International Flavors & Fragrances's bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding has grown at a -24.5% compound annual growth rate (CAGR), from $116M to $50M.
What does bank guarantees, standby letters of credit, and commercial guarantees, amount outstanding mean?
This represents the actual outstanding amount of bank guarantees, standby letters of credit, and commercial guarantees currently in force. Unlike the facility amount, this reflects the active financial exposure the company has provided to third parties. It is a measure of the company's current reliance on credit-backed performance assurances.