International Flavors & Fragrances (MIL:1IFF) Research & Development: €598 Mil (TTM As of Mar. 2026)


MIL:1IFF International Flavors & Fragrances Inc MIL:1IFF
40 GF Score
Price €62.48
GF Value €60.53
Valuation Fairly Valued
! 9 Warning Signs
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What is International Flavors & Fragrances Research & Development?

International Flavors & Fragrances MIL:1IFF 40 Research & Development is €598 Mil as of Mar. 2026. GuruFocus rates MIL:1IFF with a GF Score™ of 40/100 and a GF Value™ of €60.53 (Fairly Valued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. International Flavors & Fragrances's Research & Development for the three months ended in Mar. 2026 was €144 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €598 Mil.

International Flavors & Fragrances  (MIL:1IFF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

International Flavors & Fragrances Research & Development Related Terms

International Flavors & Fragrances Research & Development Historical Data

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The historical data trend for International Flavors & Fragrances's Research & Development 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.

International Flavors & Fragrances Research & Development Chart

International Flavors & Fragrances Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 556.67 569.23 583.21 640.81 592.68

International Flavors & Fragrances Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 151.70 157.79 148.25 148.60 143.59
MIL:1IFF
40GF Score
International Flavors & Fragrances Inc MIL:1IFF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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International Flavors & Fragrances Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €598 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €598 Mil mean?
International Flavors & Fragrances (MIL:1IFF) has a Research & Development of €598 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on International Flavors & Fragrances and its competitors.
Is International Flavors & Fragrances' Research & Development too high?
International Flavors & Fragrances' current Research & Development is €598 Mil. Overall, International Flavors & Fragrances has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Flavors & Fragrances' Research & Development compare to DD and ALB?
International Flavors & Fragrances' Research & Development of €598 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on International Flavors & Fragrances and its competitors. International Flavors & Fragrances's current Research & Development is €598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Flavors & Fragrances stock overvalued right now?
Based on GuruFocus' analysis, International Flavors & Fragrances (MIL:1IFF) is currently considered Fairly Valued. The stock's GF Value™ is €60.53, compared to a current price of €62.48 — trading 3.2% above its estimated fair value. The current Research & Development is €598 Mil. International Flavors & Fragrances' overall GF Score™ is 40/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For International Flavors & Fragrances (MIL:1IFF), the current Research & Development is €598 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is International Flavors & Fragrances (MIL:1IFF) Overvalued in 2026?

Based on GuruFocus' analysis, International Flavors & Fragrances stock appears to be overvalued. The current stock price of €62.48 is trading 3.2% above its estimated GF Value™ of €60.53. GuruFocus considers International Flavors & Fragrances to be Fairly Valued.

Key valuation signals for MIL:1IFF:

  • Research & Development: €598 Mil
  • GF Value™: €60.53 vs. price of €62.48 (3.2% above fair value)
  • GF Score™: 40/100 with 9 warning signs

No single metric tells the full story. See the MIL:1IFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

International Flavors & Fragrances Business Description

Address 521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations and partners with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrance producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients, though IFF plans to divest it in a deal expected to close in 2027.
40GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€62.48
Price
€60.53
GF Value