• International Flavors & Fragrances average operating margin for 2023 was -9.97%, a 685.04% increase from 2022.
• International Flavors & Fragrances average operating margin for 2022 was -1.27%, a 124.52% increase from 2021.
• International Flavors & Fragrances average operating margin for 2021 was 5.18%, a 56.98% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.