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International Flavors & Fragrances (BSP:I1CE34) Gross Profit : R$18,327 Mil (TTM As of Dec. 2023)


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What is International Flavors & Fragrances Gross Profit?

International Flavors & Fragrances's gross profit for the three months ended in Dec. 2023 was R$4,214 Mil. International Flavors & Fragrances's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R$18,327 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. International Flavors & Fragrances's gross profit for the three months ended in Dec. 2023 was R$4,214 Mil. International Flavors & Fragrances's Revenue for the three months ended in Dec. 2023 was R$13,244 Mil. Therefore, International Flavors & Fragrances's Gross Margin % for the quarter that ended in Dec. 2023 was 31.82%.

International Flavors & Fragrances had a gross margin of 31.82% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of International Flavors & Fragrances was 44.78%. The lowest was 32.04%. And the median was 41.71%.

Warning Sign:

International Flavors & Fragrances Inc gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


International Flavors & Fragrances Gross Profit Historical Data

The historical data trend for International Flavors & Fragrances's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International Flavors & Fragrances Gross Profit Chart

International Flavors & Fragrances Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,672.81 10,731.84 21,121.05 21,773.66 18,036.16

International Flavors & Fragrances Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,558.25 5,021.09 4,528.50 4,563.36 4,213.83

Competitive Comparison of International Flavors & Fragrances's Gross Profit

For the Specialty Chemicals subindustry, International Flavors & Fragrances's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Flavors & Fragrances's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Gross Profit distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Gross Profit falls into.



International Flavors & Fragrances Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

International Flavors & Fragrances's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=56244.804 - 38208.64
=18,036

International Flavors & Fragrances's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=13244.159 - 9030.331
=4,214

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$18,327 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

International Flavors & Fragrances's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,214 / 13244.159
=31.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


International Flavors & Fragrances  (BSP:I1CE34) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

International Flavors & Fragrances had a gross margin of 31.82% for the quarter that ended in Dec. 2023 => Competition eroding margins


International Flavors & Fragrances Gross Profit Related Terms

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International Flavors & Fragrances (BSP:I1CE34) Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.

International Flavors & Fragrances (BSP:I1CE34) Headlines

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