Top 20 Global Chemical Companies by Revenue in 2025

Dow announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $9.46 billion, down from $10.405 billion in the prior-year period. Net loss attributable to Dow’s common shareholders for the quarter was $1.543 billion, compared to a net loss of $53 million in the prior-year quarter. Full-year net sales amounted to $39.968 billion, down from $42.964 billion in the prior year. Full-year net loss attributable to Dow’s common shareholders was $2.623 billion, versus net income of $1.116 billion in the prior year. Ecolab announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $4.196 billion, up 5% year-on-year from $4.005 billion. Operating profit for the quarter was $712 million, up 22% from $583 million in the prior-year quarter. Net income attributable to the company was $564 million, up 19% from $473 million in the prior-year quarter. Full-year net sales were $16.081 billion, up 2% from $15.741 billion in the prior year. Full-year operating profit was $2.738 billion, down 2% from $2.802 billion in the prior year. Full-year net income attributable to the company was $2.076 billion, down 2% from $2.112 billion in the prior year. Westlake Corporation announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $2.533 billion, down from $2.843 billion in the prior-year period. Net loss attributable to the company for the quarter was $544 million, versus a net loss of $782 million in the prior-year quarter. Full-year net sales were $11.17 billion, down from $12.142 billion in the prior year. Full-year net loss attributable to the company was $1.508 billion, versus net income of $602 million in the prior year. International Flavors & Fragrances (IFF) announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $2.589 billion, down 7% year-on-year from $2.771 billion. Operating profit for the quarter was $97 million, down 24% from $127 million in the prior-year quarter. Net income attributable to shareholders was $18 million, versus a net loss of $60 million in the prior-year quarter. Full-year net sales were $10.89 billion, down 5% from $11.184 billion in the prior year. Full-year operating loss was $382 million, versus operating income of $766 million in the prior year. Full-year net loss attributable to shareholders was $374 million, versus net income of $263 million in the prior year. Celanese announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $2.204 billion, down from $2.358 billion in the prior-year period. Operating profit for the quarter was $93 million, versus an operating loss of $1.419 billion in the prior-year quarter. Net income for the quarter was $22 million, versus a net loss of $1.922 billion in the prior-year quarter. Full-year net sales were $9.544 billion, down from $10.268 billion in the prior year. Full-year operating loss was $786 million, versus an operating loss of $720 million in the prior year. Full-year net loss was $1.151 billion, versus a net loss of $1.534 billion in the prior year.

Fragrance & Flavor Industry Booms! Are the Four Global Giants Raking in Profits? Are Domestic Firms Rushing to Go Public?

The rise of the 'olfactory economy' has brought fragrance and perfume products increasingly into public view. Yet their upstream fragrance and flavor industry has long remained under the radar—until the four global industry giants released their 2024 financial reports, offering a rare glimpse into the sector’s true developmental trajectory. Against this backdrop, UserSay focused on the global fragrance and flavor industry to lift the veil on this often-mysterious field. Recovery and IPOs: The Fragrance & Flavor Industry Enters a 'New Phase' RMB 1.475 billion! Strong Financial Performance from the Four Global Giants As of 6 August (US Eastern Daylight Time), the first-half 2024 financial reports of the world’s four leading fragrance and flavor companies—DSM-Firmenich, Givaudan, IFF, and Symrise—had all been published. Notably, the combined revenue from their fragrance and flavor businesses alone exceeded RMB 4.75 billion in the first half of 2024, reflecting robust commercial momentum [1]. According to financial data, DSM-Firmenich’s Perfumery & Beauty (P&B) division generated the highest revenue—€629.8 million (approx. RMB 1.57 billion) [2]; Symrise’s Fragrance & Care division saw revenue rise 12.1% year-on-year to €993 million (approx. RMB 780 million) [3]; Givaudan’s Fragrance & Beauty division posted revenue of CHF 1.826 billion (approx. RMB 1.51 billion), up 9.2% year-on-year [4]; and IFF’s Home & Personal Care fragrance and flavor business generated $1.248 billion (approx. RMB 890 million) [5]. The phrase 'fire and water coexisting' aptly describes the situation faced by the four global fragrance and flavor giants in 2023—a year overshadowed by 'weak growth.' Financial data for fiscal year 2023 showed Symrise’s profitability fell short of expectations; DSM-Firmenich experienced declines in both revenue and profit; and IFF’s overall operational performance deteriorated [1]. Nonetheless, despite these fluctuations in overall performance, the fragrance and flavor segment itself demonstrated resilience, maintaining profitability against headwinds. Happily, after weathering cyclical volatility—and even crises—in the broader chemical industry, these fragrance and flavor giants finally achieved a recovery and growth in the first half of 2024. Their latest Q3 financial reports further confirm this positive momentum. Givaudan’s Q3 2024 sales rose 10.2% to CHF 1.907 billion (approx. RMB 1.574 billion); group sales for the first three quarters reached CHF 5.644 billion (approx. RMB 4.618 billion), up 13% year-on-year. Its Fragrance & Beauty division posted quarterly revenue of CHF 956 million (approx. RMB 782.5 million); total revenue for the first three quarters reached CHF 2.782 billion (approx. RMB 2.276 billion), up 15.6% at constant exchange rates. DSM-Firmenich’s Q3 2024 revenue totaled €3.244 billion (approx. RMB 2.494 billion), up 7% year-on-year; revenue for the first three quarters reached €9.542 billion (approx. RMB 7.334 billion), up 4% year-on-year.

International Flavors & Fragrances Q2 Earnings Miss Estimates, Sales Rise YoY

Aug 5, 2026

International Flavors & Fragrances reported Q2 2026 adjusted earnings of $0.82 per share, missing estimates despite a 1.8% year-over-year sales increase to $1.95 billion driven by its Taste, Health & Biosciences, and Scent segments.

Yahoo Finance

2026-08-05

International Flavors & Fragrances Q2 Earnings Miss Estimates, Sales Rise YoY

2026-09-11

Ecolab Reports Q2 2026 Earnings, Revenue Up 9.7%

International Flavors & Fragrances Q2 Earnings Miss Estimates, Sales Rise YoY

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