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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. International Flavors & Fragrances's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was €369 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €1,547 Mil.
International Flavors & Fragrances (MIL:1IFF) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
International Flavors & Fragrances Selling, General, & Admin. Expense Related Terms
International Flavors & Fragrances Selling, General, & Admin. Expense Historical Data
* 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 Selling, General, & Admin. Expense Chart
MIL:1IFF vs LYB, DD, RPM: Selling, General, & Admin. Expense Comparison
For the Specialty Chemicals subindustry, International Flavors & Fragrances's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where International Flavors & Fragrances's Selling, General, & Admin. Expense falls into.
International Flavors & Fragrances Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense 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 €1,547 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.
What does a Selling, General, & Admin. Expense of €1,547 Mil mean?
International Flavors & Fragrances (MIL:1IFF) has a Selling, General, & Admin. Expense of €1,547 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on International Flavors & Fragrances and its competitors.
Is International Flavors & Fragrances' Selling, General, & Admin. Expense too high?
International Flavors & Fragrances' current Selling, General, & Admin. Expense is €1,547 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' Selling, General, & Admin. Expense compare to LYB and DD?
International Flavors & Fragrances' Selling, General, & Admin. Expense of €1,547 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 Selling, General, & Admin. Expense for a Chemicals company?
A good Selling, General, & Admin. Expense depends on the Chemicals industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on International Flavors & Fragrances and its competitors. International Flavors & Fragrances's current Selling, General, & Admin. Expense is €1,547 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 €62.48, compared to a current price of €68.12 — trading 9% above its estimated fair value. The current Selling, General, & Admin. Expense is €1,547 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For International Flavors & Fragrances (MIL:1IFF), the current Selling, General, & Admin. Expense is €1,547 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 €68.12 is trading 9% above its estimated GF Value™ of €62.48.
GuruFocus considers International Flavors & Fragrances to be Fairly Valued.
Key valuation signals for MIL:1IFF:
Selling, General, & Admin. Expense: €1,547 Mil
GF Value™: €62.48 vs. price of €68.12 (9% above fair value)
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
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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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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