• International Flavors & Fragrances average ebitda margin for 2023 was -0.29%, a 103.5% increase from 2022.
• International Flavors & Fragrances average ebitda margin for 2022 was 8.28%, a 41.89% decline from 2021.
• International Flavors & Fragrances average ebitda margin for 2021 was 14.25%, a 22.6% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.