International Flavors & Fragrances (IFF) Invested Capital (2009 - 2026)
International Flavors & Fragrances (IFF) recorded Invested Capital of $19.71 billion in Q2 2026, down 4.1% from $20.55 billion a year earlier and down 1.3% from the prior quarter.
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Analysis
International Flavors & Fragrances (IFF) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, International Flavors & Fragrances reported Invested Capital of $20.18 billion, down 11.8% from FY2024.
- Annual Invested Capital has declined for four straight years, though with a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $22.89 billion in FY2024 (-7.2%), $24.65 billion in FY2023 (-13.9%), $28.62 billion in FY2022 (-12.0%) and $32.52 billion in FY2021 (+202.9%).
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q4 2020.
- On a year-over-year basis, Invested Capital has declined for 18 consecutive quarters, with an average decline of 10.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 216.6% in Q3 2021, against a decline of 16.2% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.97 billion (Q1 2026), $20.18 billion (Q4 2025) and $20.32 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 216.41 Bn | 199.52 Bn | 4.43 Bn | 68.63 Bn |
| 2 | Corning | 138.24 Bn | 131.38 Bn | 1.63 Bn | 21.60 Bn |
| 3 | Sherwin Williams | 77.94 Bn | 76.98 Bn | 3.34 Bn | 15.93 Bn |
| 4 | Air Products & Chemicals | 60.86 Bn | 58.76 Bn | 1.04 Bn | 34.08 Bn |
| 5 | LyondellBasell Industries | 37.33 Bn | 26.95 Bn | 2.04 Bn | 23.59 Bn |
| 6 | Nutrien | 33.61 Bn | 30.48 Bn | 3.25 Bn | 37.33 Bn |
| 7 | Qnity Electronics | 26.88 Bn | 24.31 Bn | 666.00 Mn | 11.57 Bn |
| 8 | Ati | 26.00 Bn | 24.15 Bn | 309.80 Mn | 4.19 Bn |
| 9 | Ppg Industries | 23.27 Bn | 16.07 Bn | 1.81 Bn | 15.48 Bn |
| 10 | International Flavors & Fragrances | 21.22 Bn | 18.91 Bn | 853.00 Mn | 19.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.71 Bn |
| Mar 31, 2026 | 19.97 Bn |
| Dec 31, 2025 | 20.18 Bn |
| Sep 30, 2025 | 20.32 Bn |
| Jun 30, 2025 | 20.55 Bn |
| Mar 31, 2025 | 22.46 Bn |
| Dec 31, 2024 | 22.89 Bn |
| Sep 30, 2024 | 23.91 Bn |
| Jun 30, 2024 | 23.64 Bn |
| Mar 31, 2024 | 24.62 Bn |
| Dec 31, 2023 | 24.65 Bn |
| Sep 30, 2023 | 27.31 Bn |
| Jun 30, 2023 | 28.23 Bn |
| Mar 31, 2023 | 29.05 Bn |
| Dec 31, 2022 | 28.62 Bn |
| Sep 30, 2022 | 27.69 Bn |
| Jun 30, 2022 | 32.41 Bn |
| Mar 31, 2022 | 32.64 Bn |
| Dec 31, 2021 | 32.52 Bn |
| Sep 30, 2021 | 33.00 Bn |
API Access
International Flavors & Fragrances Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=IFF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "IFF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=IFF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();