Inter Parfums Inc. (IPAR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
551 FIFTH AVE NEW YORK, NY 10176 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 182,766 | 255,546 | 159,613 | 296,308 | 253,131 | 261,006 | |||
| Cash and cash equivalents | 88,462 | 104,713 | 168,387 | 169,681 | 192,417 | 193,136 | |||
| Short-term investments | 94,304 | 150,833 | 160,014 | 126,627 | 60,714 | 67,870 | |||
| Other undisclosed cash, cash equivalents, and short-term investments | (168,788) | ||||||||
| Receivables | 254,943 | 226,544 | 169,799 | 128,678 | 135,233 | 139,342 | |||
| Inventory, net of allowances, customer advances and progress billings | 371,859 | 289,984 | 198,914 | 158,822 | 167,809 | 160,978 | |||
| Inventory | 371,859 | 289,984 | 198,914 | 158,822 | 167,809 | 160,978 | |||
| Other current assets | 29,458 | 15,650 | 21,375 | 16,912 | 17,123 | 8,076 | |||
| Other undisclosed current assets | 160,014 | ||||||||
| Total current assets: | 839,026 | 787,724 | 709,715 | 600,720 | 573,296 | 569,402 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 28,613 | 27,964 | 33,728 | 24,734 | 28,359 | ✕ | |||
| Property, plant and equipment | 169,222 | 166,722 | 149,352 | 19,580 | 11,107 | 9,839 | |||
| Intangible assets, net (including goodwill) | 296,356 | 290,853 | 214,047 | 214,108 | 201,983 | 204,325 | |||
| Intangible assets, net (excluding goodwill) | 296,356 | 290,853 | 214,047 | 214,108 | 201,983 | 204,325 | |||
| Deferred income tax assets | 14,545 | 11,159 | 7,936 | 8,041 | ✕ | ||||
| Other noncurrent assets | 21,567 | 24,120 | 30,586 | 22,962 | 6,083 | 6,302 | |||
| Other undisclosed noncurrent assets | 8,004 | 9,299 | |||||||
| Total noncurrent assets: | 530,303 | 520,818 | 435,649 | 289,425 | 255,536 | 229,765 | |||
| TOTAL ASSETS: | 1,369,329 | 1,308,542 | 1,145,364 | 890,145 | 828,832 | 799,167 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 276,289 | 302,009 | 222,985 | 136,502 | 166,783 | 163,822 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 4,328 | 10,399 | 8,630 | |||
| Taxes payable | ✕ | ✕ | ✕ | 5,297 | 5,865 | 4,396 | |||
| Accounts payable | 97,409 | 88,388 | 81,980 | 35,576 | 54,098 | 58,328 | |||
| Accrued liabilities | 178,880 | 213,621 | 136,677 | 95,629 | 96,421 | 92,468 | |||
| Debt | 29,587 | 28,547 | 15,911 | 14,570 | 17,682 | 23,155 | |||
| Other undisclosed current liabilities | 18,869 | 14,011 | 6,014 | 5,133 | |||||
| Total current liabilities: | 324,745 | 344,567 | 244,910 | 156,205 | 184,465 | 186,977 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 127,897 | 151,494 | 162,122 | 31,490 | 35,369 | 22,906 | |||
| Long-term debt, excluding current maturities | 127,897 | 151,494 | 132,902 | 10,136 | 10,734 | 22,906 | |||
| Liabilities, other than long-term debt | 24,517 | 24,335 | 3,538 | ||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3,538 | ||
| Operating lease, liability | 24,517 | 24,335 | 29,220 | 21,354 | 24,635 | ✕ | |||
| Other undisclosed noncurrent liabilities | (29,220) | (21,354) | |||||||
| Total noncurrent liabilities: | 152,414 | 175,829 | 162,122 | 31,490 | 35,369 | 26,444 | |||
| Total liabilities: | 477,159 | 520,396 | 407,032 | 187,695 | 219,834 | 213,421 | |||
| Equity | |||||||||
| Equity, attributable to parent | 699,393 | 616,782 | 571,920 | 535,835 | 468,004 | 447,607 | |||
| Common stock | 32 | 32 | 32 | 32 | 31 | 31 | |||
| Treasury stock, value | (52,864) | (37,475) | (37,475) | (37,475) | (37,475) | (37,475) | |||
| Additional paid in capital | 98,565 | 90,186 | 87,132 | 75,708 | 70,664 | 69,970 | |||
| Accumulated other comprehensive loss | (40,188) | (56,056) | (38,432) | (5,997) | (39,853) | (33,650) | |||
| Retained earnings | 693,848 | 620,095 | 560,663 | 503,567 | 474,637 | 448,731 | |||
| Equity, attributable to noncontrolling interest | 192,777 | 171,364 | 166,412 | 166,615 | 140,994 | 138,139 | |||
| Total equity: | 892,170 | 788,146 | 738,332 | 702,450 | 608,998 | 585,746 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,369,329 | 1,308,542 | 1,145,364 | 890,145 | 828,832 | 799,167 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,317,700 | 1,086,700 | 879,500 | 539,000 | 713,514 | 675,574 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (478,597) | (392,231) | (322,614) | (208,278) | (267,578) | (248,012) | ||
| Other undisclosed gross profit | (25) | (47) | 16 | 9 | ||||
| Gross profit: | 839,078 | 694,422 | 556,902 | 330,731 | 445,936 | 427,562 | ||
| Operating expenses | (587,696) | (500,119) | (408,852) | (260,648) | (341,209) | (332,831) | ||
| Operating income: | 251,382 | 194,303 | 148,050 | 70,083 | 104,727 | 94,731 | ||
| Nonoperating income (expense) | (1,789) | (83) | 2,969 | (734) | 419 | 1,128 | ||
| Investment income, nonoperating | 10,729 | 5,486 | 3,403 | 2,865 | 3,693 | 3,957 | ||
| Gain (loss), foreign currency transaction, before tax | (1,582) | (1,921) | 2,338 | (2,178) | (1,128) | (251) | ||
| Interest and debt expense | (11,253) | (3,599) | (2,825) | (1,970) | (2,146) | (2,578) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 11,253 | 3,598 | 2,825 | 1,970 | 2,146 | 2,578 | ||
| Income from continuing operations before equity method investments, income taxes: | 249,593 | 194,219 | 151,019 | 69,349 | 105,146 | 95,859 | ||
| Income from equity method investments | 53 | 549 | ||||||
| Income from continuing operations before income taxes: | 249,593 | 194,219 | 151,072 | 69,898 | 105,146 | 95,859 | ||
| Income tax expense | (61,817) | (43,182) | (40,992) | (19,381) | (29,076) | (26,144) | ||
| Income from continuing operations: | 187,776 | 151,037 | 110,080 | 50,517 | 76,070 | 69,715 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 110,080 | 50,517 | 76,070 | 69,715 | |
| Other undisclosed net loss | (53) | (549) | ||||||
| Net income: | 187,776 | 151,037 | 110,027 | 49,968 | 76,070 | 69,715 | ||
| Net loss attributable to noncontrolling interest | (35,122) | (30,099) | (22,616) | (11,749) | (15,821) | (15,922) | ||
| Net income available to common stockholders, diluted: | 152,654 | 120,938 | 87,411 | 38,219 | 60,249 | 53,793 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 187,776 | 151,037 | 110,027 | 49,968 | 76,070 | 69,715 | ||
| Other comprehensive income (loss) | 22,422 | (26,335) | (44,334) | 47,841 | (8,826) | (22,417) | ||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive income: | 210,198 | 124,702 | 65,693 | 97,809 | 67,244 | 47,298 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (41,676) | (21,388) | (10,717) | (25,734) | (13,198) | (9,323) | ||
| Comprehensive income, net of tax, attributable to parent: | 168,522 | 103,314 | 54,976 | 72,075 | 54,046 | 37,975 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.