International Flavors & Fragrances Debt-to-Equity Ratio Growth & History (IFF)
International Flavors & Fragrances's debt-to-equity ratio was 0.46 for fiscal 2025.
View full International Flavors & Fragrances company overviewInternational Flavors & Fragrances annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.46 | −0.24 | −34.04% |
| 2024 | 2024-12-31 | 0.70 | −0.04 | −5.96% |
| 2023 | 2023-12-31 | 0.74 | 0.08 | +11.35% |
| 2022 | 2022-12-31 | 0.67 | 0.09 | +14.97% |
| 2021 | 2021-12-31 | 0.58 | −0.17 | −22.74% |
| 2020 | 2020-12-31 | 0.75 | −0.00 | −0.46% |
| 2019 | 2019-12-31 | 0.75 | −0.00 | −0.30% |
| 2018 | 2018-12-31 | 0.75 | −0.22 | −22.46% |
| 2017 | 2017-12-31 | 0.97 | 0.16 | +19.42% |
| 2016 | 2016-12-31 | 0.81 | 0.14 | +21.39% |
| 2015 | 2015-12-31 | 0.67 | 0.05 | +8.20% |
| 2014 | 2014-12-31 | 0.62 | −0.02 | −2.67% |
| 2013 | 2013-12-31 | 0.64 | −0.19 | −22.79% |
| 2012 | 2012-12-31 | 0.83 | 0.02 | +1.90% |
| 2011 | 2011-12-31 | 0.81 | −0.11 | −12.12% |
| 2010 | 2010-12-31 | 0.92 | −0.39 | −29.90% |
| 2009 | 2009-12-31 | 1.32 | — | — |
International Flavors & Fragrances quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.44 | −0.03 | −6.02% |
| Q1 2026 | 2026-03-31 | 0.45 | −0.30 | −39.77% |
| Q4 2025 | 2025-12-31 | 0.46 | −0.24 | −34.04% |
| Q3 2025 | 2025-09-30 | 0.46 | −0.19 | −29.47% |
| Q2 2025 | 2025-06-30 | 0.47 | −0.23 | −33.15% |
| Q1 2025 | 2025-03-31 | 0.75 | 0.04 | +5.37% |
| Q4 2024 | 2024-12-31 | 0.70 | −0.04 | −5.96% |
| Q3 2024 | 2024-09-30 | 0.66 | 0.01 | +1.79% |
| Q2 2024 | 2024-06-30 | 0.70 | 0.07 | +11.43% |
| Q1 2024 | 2024-03-31 | 0.71 | 0.07 | +11.48% |
| Q4 2023 | 2023-12-31 | 0.74 | 0.08 | +11.35% |
| Q3 2023 | 2023-09-30 | 0.65 | −0.01 | −2.10% |
| Q2 2023 | 2023-06-30 | 0.63 | 0.04 | +6.53% |
| Q1 2023 | 2023-03-31 | 0.63 | 0.08 | +13.53% |
| Q4 2022 | 2022-12-31 | 0.67 | 0.09 | +14.97% |
| Q3 2022 | 2022-09-30 | 0.66 | 0.09 | +15.74% |
| Q2 2022 | 2022-06-30 | 0.59 | 0.01 | +1.60% |
| Q1 2022 | 2022-03-31 | 0.56 | −0.03 | −4.38% |
| Q4 2021 | 2021-12-31 | 0.58 | −0.17 | −22.74% |
| Q3 2021 | 2021-09-30 | 0.57 | −0.14 | −20.10% |
| Q2 2021 | 2021-06-30 | 0.58 | −0.15 | −20.25% |
| Q1 2021 | 2021-03-31 | 0.58 | −0.16 | −21.34% |
| Q4 2020 | 2020-12-31 | 0.75 | −0.00 | −0.46% |
| Q3 2020 | 2020-09-30 | 0.71 | −0.06 | −8.13% |
| Q2 2020 | 2020-06-30 | 0.73 | −0.05 | −6.34% |
| Q1 2020 | 2020-03-31 | 0.74 | −0.04 | −5.04% |
| Q4 2019 | 2019-12-31 | 0.75 | −0.00 | −0.30% |
| Q3 2019 | 2019-09-30 | 0.78 | −0.31 | −28.55% |
| Q2 2019 | 2019-06-30 | 0.78 | −0.21 | −20.95% |
| Q1 2019 | 2019-03-31 | 0.78 | −0.18 | −18.97% |
| Q4 2018 | 2018-12-31 | 0.75 | −0.22 | −22.46% |
| Q3 2018 | 2018-09-30 | 1.09 | 0.16 | +16.80% |
| Q2 2018 | 2018-06-30 | 0.99 | −0.15 | −12.93% |
| Q1 2018 | 2018-03-31 | 0.97 | 0.08 | +8.74% |
| Q4 2017 | 2017-12-31 | 0.97 | 0.16 | +19.42% |
| Q3 2017 | 2017-09-30 | 0.93 | 0.12 | +15.09% |
| Q2 2017 | 2017-06-30 | 1.13 | 0.24 | +26.99% |
| Q1 2017 | 2017-03-31 | 0.89 | −0.03 | −3.67% |
| Q4 2016 | 2016-12-31 | 0.81 | 0.14 | +21.39% |
| Q3 2016 | 2016-09-30 | 0.81 | 0.06 | +7.94% |
| Q2 2016 | 2016-06-30 | 0.89 | 0.28 | +44.88% |
| Q1 2016 | 2016-03-31 | 0.92 | 0.32 | +53.20% |
| Q4 2015 | 2015-12-31 | 0.67 | 0.05 | +8.20% |
| Q3 2015 | 2015-09-30 | 0.75 | 0.17 | +30.06% |
| Q2 2015 | 2015-06-30 | 0.61 | 0.03 | +5.04% |
| Q1 2015 | 2015-03-31 | 0.60 | −0.01 | −2.24% |
| Q4 2014 | 2014-12-31 | 0.62 | −0.02 | −2.67% |
| Q3 2014 | 2014-09-30 | 0.58 | −0.07 | −11.52% |
| Q2 2014 | 2014-06-30 | 0.59 | −0.17 | −22.38% |
| Q1 2014 | 2014-03-31 | 0.62 | −0.16 | −20.80% |
| Q4 2013 | 2013-12-31 | 0.64 | −0.19 | −22.79% |
| Q3 2013 | 2013-09-30 | 0.65 | −0.07 | −10.27% |
| Q2 2013 | 2013-06-30 | 0.75 | 0.05 | +6.67% |
| Q1 2013 | 2013-03-31 | 0.78 | 0.05 | +6.96% |
| Q4 2012 | 2012-12-31 | 0.83 | 0.02 | +1.90% |
| Q3 2012 | 2012-09-30 | 0.72 | −0.04 | −5.00% |
| Q2 2012 | 2012-06-30 | 0.71 | −0.12 | −14.86% |
| Q1 2012 | 2012-03-31 | 0.73 | −0.16 | −17.84% |
| Q4 2011 | 2011-12-31 | 0.81 | −0.11 | −12.12% |
| Q3 2011 | 2011-09-30 | 0.76 | −0.24 | −23.84% |
| Q2 2011 | 2011-06-30 | 0.83 | −0.33 | −28.66% |
| Q1 2011 | 2011-03-31 | 0.88 | — | — |
| Q4 2010 | 2010-12-31 | 0.92 | −0.39 | −29.90% |
| Q3 2010 | 2010-09-30 | 1.00 | — | — |
| Q2 2010 | 2010-06-30 | 1.16 | — | — |
| Q4 2009 | 2009-12-31 | 1.32 | — | — |
International Flavors & Fragrances debt-to-equity ratio trends
Over the last five fiscal years, International Flavors & Fragrances's debt-to-equity ratio decreased from 0.75 to 0.46, a change of −0.29. The latest reported quarter, Q2 2026, shows 0.44.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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