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International Flavors & Fragrances vs Newmarket: revenue, profit, margins and growth compared

International Flavors & Fragrances brought in $10.9B of revenue in fiscal 2025, Newmarket $2.7B in fiscal 2025. Revenue changed by -5.2% at International Flavors & Fragrances and -2.2% at Newmarket on the year before, so Newmarket grew faster. International Flavors & Fragrances kept -3.3% of its revenue as net profit, Newmarket 15.4%. Free cash flow was $256M at International Flavors & Fragrances and $491.3M at Newmarket.

Side by side, latest fiscal year

IFFNEU
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$10.9B$2.7B
Revenue growth-5.2%-2.2%
Net income-$361M$418.7M
Net margin-3.3%15.4%
Free cash flow$256M$491.3M
Free cash flow margin2.4%18.0%
Earnings per share (diluted)-$1.41$44.44
Cash$590M$77.6M
Debt$5.6B$883.4M
Price to earningsn/a20.2
Market value$21.9B$8.3B
Dividend yield1.87%1.25%
Rank by revenue in sector#62 of 451 · Industrials#191 of 451 · Industrials

Over the years

Revenue
IFF FY2018: $4BIFF FY2019: $5.1BIFF FY2020: $5.1BIFF FY2021: $11.7BIFF FY2022: $12.4BIFF FY2023: $11.5BIFF FY2024: $11.5BIFF FY2025: $10.9BNEU FY2018: $2.3BNEU FY2019: $2.2BNEU FY2020: $2BNEU FY2021: $2.4BNEU FY2022: $2.8BNEU FY2023: $2.7BNEU FY2024: $2.8BNEU FY2025: $2.7BFY18FY19FY20FY21FY22FY23FY24FY25
IFF $10.9BNEU $2.7B
Net income
IFF FY2018: $339.8MIFF FY2019: $456MIFF FY2020: $363MIFF FY2021: $270MIFF FY2022: -$1.9BIFF FY2023: -$2.6BIFF FY2024: $263MIFF FY2025: -$361MNEU FY2018: $234.7MNEU FY2019: $254.3MNEU FY2020: $270.6MNEU FY2021: $190.9MNEU FY2022: $279.5MNEU FY2023: $388.9MNEU FY2024: $462.4MNEU FY2025: $418.7MFY18FY19FY20FY21FY22FY23FY24FY25
IFF -$361MNEU $418.7M
Net margin
IFF FY2018: 8.5%IFF FY2019: 8.9%IFF FY2020: 7.1%IFF FY2021: 2.3%IFF FY2022: -15.0%IFF FY2023: -22.6%IFF FY2024: 2.3%IFF FY2025: -3.3%NEU FY2018: 10.3%NEU FY2019: 11.6%NEU FY2020: 13.5%NEU FY2021: 8.1%NEU FY2022: 10.1%NEU FY2023: 14.4%NEU FY2024: 16.6%NEU FY2025: 15.4%FY18FY19FY20FY21FY22FY23FY24FY25
IFF -3.3%NEU 15.4%
Revenue growth
IFF FY2019: +29.2%IFF FY2020: -1.1%IFF FY2021: +129.3%IFF FY2022: +6.7%IFF FY2023: -7.7%IFF FY2024: +0.0%IFF FY2025: -5.2%NEU FY2019: -4.3%NEU FY2020: -8.2%NEU FY2021: +17.2%NEU FY2022: +17.3%NEU FY2023: -2.4%NEU FY2024: +3.3%NEU FY2025: -2.2%FY19FY20FY21FY22FY23FY24FY25
IFF -5.2%NEU -2.2%
Free cash flow
IFF FY2018: $267.5MIFF FY2019: $463MIFF FY2020: $522MIFF FY2021: $1BIFF FY2022: -$107MIFF FY2023: $952MIFF FY2024: $607MIFF FY2025: $256MNEU FY2018: $123.3MNEU FY2019: $277.8MNEU FY2020: $190.8MNEU FY2021: $86.4MNEU FY2022: $52.5MNEU FY2023: $528.5MNEU FY2024: $462.3MNEU FY2025: $491.3MFY18FY19FY20FY21FY22FY23FY24FY25
IFF $256MNEU $491.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about International Flavors & Fragrances and Newmarket

Which is bigger by revenue, International Flavors & Fragrances or Newmarket?

International Flavors & Fragrances is bigger by revenue: $10.9B in fiscal 2025, against $2.7B for Newmarket in fiscal 2025.

Which keeps more of its revenue as profit, International Flavors & Fragrances or Newmarket?

International Flavors & Fragrances had a net margin of -3.3% in fiscal 2025; Newmarket had 15.4% in fiscal 2025.

Which grew revenue faster, International Flavors & Fragrances or Newmarket?

In their latest fiscal years revenue changed by -5.2% at International Flavors & Fragrances and -2.2% at Newmarket.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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