International Flavors & Fragrances (IFF) Tax Rate (2009 - 2026)
International Flavors & Fragrances (IFF) posted Tax Rate of 48.44% for Q2 2026, up 159.58% on a QoQ basis from 18.66% in Q1 2026, and up 7401.0% year-over-year from 0.65% in Q2 2025.
Analysis
International Flavors & Fragrances (IFF) Tax Rate (2009 - 2026) Analysis & Trends
International Flavors & Fragrances has reported Tax Rate for 18 years, with the latest figure at 48.44% in Q2 2026.
- On a quarterly basis, Tax Rate rose 7401.0% year-over-year to 48.44% in Q2 2026; TTM through Jun 2026 was 21.65%, a 47.0% increase from a year earlier, with the FY2025 full-year figure at 12.86%, down 45.0% from the prior year.
- Tax Rate was 48.44% for Q2 2026 at International Flavors & Fragrances, up from 18.66% in the prior quarter.
- The five-year high for Tax Rate was 157.14% in Q1 2023, with the low at 380.0% in Q4 2022.
- Average Tax Rate over 5 years is 4.2%, with a median of 17.41% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 39930 bps in 2022, then surged 38030 bps in 2023.
- Over 5 years, Tax Rate stood at 380.0% in 2022, then soared by 100 bps to 0.3% in 2023, then surged by 19708 bps to 60.0% in 2024, then sank by 168 bps to 40.91% in 2025, then surged by 218 bps to 48.44% in 2026.
- The last three Tax Rate figures came in at 48.44% (Q2 2026), 18.66% (Q1 2026), and 40.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 132.90 Bn | 130.97 Bn | 1.63 Bn | 6.16% |
| 2 | Ati | 28.67 Bn | 28.01 Bn | 309.80 Mn | 20.01% |
| 3 | Qnity Electronics | 25.20 Bn | 24.52 Bn | 666.00 Mn | 31.66% |
| 4 | International Flavors & Fragrances | 22.04 Bn | 21.50 Bn | 853.00 Mn | 48.44% |
| 5 | DuPont de Nemours | 17.77 Bn | 16.15 Bn | 639.00 Mn | 28.20% |
| 6 | Avery Dennison | 13.29 Bn | 13.06 Bn | 729.40 Mn | 27.80% |
| 7 | Solstice Advanced Materials | 10.12 Bn | 9.38 Bn | 370.00 Mn | 23.86% |
| 8 | Element Solutions | 8.77 Bn | 8.60 Bn | 334.00 Mn | 27.82% |
| 9 | Eastman Chemical | 8.14 Bn | 7.53 Bn | 560.00 Mn | 23.15% |
| 10 | Hexcel | 6.95 Bn | 6.89 Bn | 138.10 Mn | 18.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.44% |
| Mar 31, 2026 | 18.66% |
| Dec 31, 2025 | -40.91% |
| Sep 30, 2025 | 26.79% |
| Jun 30, 2025 | -25.57% |
| Mar 31, 2025 | -2.31% |
| Dec 31, 2024 | 60.00% |
| Sep 30, 2024 | 37.89% |
| Jun 30, 2024 | 6.01% |
| Mar 31, 2024 | 46.96% |
| Dec 31, 2023 | 0.30% |
| Sep 30, 2023 | 54.24% |
| Jun 30, 2023 | 46.00% |
| Mar 31, 2023 | 157.14% |
| Dec 31, 2022 | -380.00% |
| Sep 30, 2022 | -7.86% |
| Jun 30, 2022 | 16.15% |
| Mar 31, 2022 | 13.68% |
| Dec 31, 2021 | 19.30% |
| Sep 30, 2021 | 21.20% |