International Flavors & Fragrances Inc. (IFF)
International Flavors & Fragrances makes flavors, scents, and ingredients for food, beverage, and consumer products.
Materials stock comparison
IFF vs LIN: which business are you actually underwriting?
Compare International Flavors & Fragrances Inc. with Linde plc using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Materials
- Industry
- Different SIC
- Shared themes
- 1
- Updated
- 2026-02-27
IFF vs LIN: quick comparison
| Company fact | IFF | LIN |
|---|---|---|
| Company | International Flavors & Fragrances Inc. | Linde plc |
| Exchange | NYSE | NASDAQ |
| Headquarters | — | Woking, United Kingdom |
| Founded | — | 1879 |
| SEC industry | Industrial Organic Chemicals | Industrial Inorganic Chemicals |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-02-27 | 10-K · 2026-02-25 |
IFF vs LIN: audited financials
LIN reported about 3.1× the revenue of IFF in the latest audited fiscal year. Scale and margin are starting facts for the thesis, not the verdict.
| Metric | IFF | LIN |
|---|---|---|
| Revenue | $10.9B | $34.0B |
| Net income | — | $6.9B |
| Operating cash flow | $850M | $10.3B |
| Diluted EPS | −$1.41 | $14.61 |
| Net margin | — | 20.3% |
IFF: FY ending 2025-12-31 · LIN: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
IFF and LIN have different SEC industry classifications, but both map to the maintained International markets research theme inside the Materials sector. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
Linde plc (LIN)
Linde is the world's largest industrial-gases company, supplying oxygen, nitrogen, and hydrogen to healthcare, manufacturing, and energy customers. Long-term supply contracts give it unusually stable revenue for the sector.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. IFF is classified by the SEC as Industrial Organic Chemicals, while LIN is classified as Industrial Inorganic Chemicals. The different industry codes are a warning against treating sector membership as proof of identical economics.
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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study IFF when…
- Chinese industrial and construction demand
- The US dollar and commodity prices
- Energy-transition metals like copper and lithium
- Tariffs and global trade flows
Study LIN when…
- Chinese industrial and construction demand
- The US dollar and commodity prices
- Energy-transition metals like copper and lithium
- Tariffs and global trade flows
Shared research themes
International markets
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.IFF's fiscal year ends December 31, while LIN's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 3matched transaction rows for IFFand 19 for LIN. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
IFF primary filings
LIN primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving IFF or LIN
IFF vs LIN FAQs
Are IFF and LIN direct competitors?
International Flavors & Fragrances Inc. and Linde plc sit in the same Materials sector but have different SEC industry classifications. The comparison is most useful for portfolio role and sector exposure, not as a claim that every product competes directly.
Which is better, IFF or LIN?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this IFF vs LIN comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers International Flavors & Fragrances Inc. and Linde plc tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
IFF vs LIN shows how the businesses differ. Membership is the monthly sourced view of who could benefit, what could break, and what evidence matters next. $15/month or $150/year.
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