INTERPARFUMS INC
IPAR · Perfumes, Cosmetics & Other Toilet Preparations · 32.0M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$2M (gross $77K, SBC $3M)
Reference price $91.02 · est. market cap ~$2.9B — last insider sale, 2026-04-02 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B78Capital-light prestige fragrance licensor with strong returns, a clean balance sheet, and a diversified, long-dated brand portfolio.
Strengths
- High returns: ROA 10.6% (88th), ROE 19.1% (77th); steady earnings growth (net income +2.5%, 78th)
- Strong liquidity (current ratio 3.0, quick 1.97) and low leverage (debt/equity 0.14)
Risks
- Business depends entirely on continuation/renewal of third-party brand licenses; concentration in top brands (~77% of sales)
- FX exposure (≈50% of European sales in USD vs euro costs) and brand-specific impairment risk (Rochas)
Notable findings
- Auditor changeRecent 8-K item 4.01 8-K ↗
- Customer concentration~77% of revenue from one customer/distributor — This diversified portfolio of top brands represented 77 %, 76 % and 73 % of total sales in 2025 , 2024 , and 2023 , respectively
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$2M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
19.1%
Return on assets
10.6%
ROIC
21.3%
Revenue growth (QoQ)
14.9%
Net-income growth
2.5%
Debt / equity
0.1×
Current ratio
3.0×
Free cash flow
$190M
EBITDA
$296M
Tangible book value
$556M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-02 | MADAR JEAN | Sell | 20K | $91.02 |
| 2026-01-23 | HEILBRONN FRANCOIS | Option exercise | 1.5K | $62.18 |
| 2026-01-22 | Harrison Gilbert | Option exercise | 1.5K | $62.18 |
| 2026-01-22 | BENSOUSSAN TORRES ROBERT | Option exercise | 1.5K | $62.18 |
| 2025-12-15 | Bouillonnec Herve | Option exercise | 1.5K | $73.09 |
| 2025-12-15 | MADAR JEAN | Option exercise | 25K | $73.09 |
| 2025-12-11 | BENACIN PHILIPPE | Option exercise | 25K | $73.09 |
| 2025-12-11 | BENACIN PHILIPPE | Sell | 25K | $83.24 |
| 2025-06-23 | Harrison Gilbert | Sell | 400 | $133.96 |
| 2025-06-11 | SANTI PHILIPPE | Option exercise | 1.0K | $73.09 |
| 2025-06-11 | SANTI PHILIPPE | Sell | 681 | $139.05 |
| 2025-06-11 | SANTI PHILIPPE | Sell | 319 | $139.76 |
| 2025-06-10 | SANTI PHILIPPE | Sell | 1.0K | $139.23 |
| 2025-06-10 | SANTI PHILIPPE | Option exercise | 1.0K | $73.09 |
| 2025-05-22 | MADAR JEAN | Sell | 13K | $129.17 |
| 2025-05-13 | Gabai-Pinsky Veronique | Option exercise | 1.5K | $62.18 |
| 2025-05-13 | Gabai-Pinsky Veronique | Sell | 1.5K | $122.15 |
| 2025-03-21 | BENACIN PHILIPPE | Sell | 25K | $117.38 |
| 2025-01-27 | HEILBRONN FRANCOIS | Option exercise | 1.5K | $69.11 |
| 2025-01-03 | Harrison Gilbert | Option exercise | 1.5K | $69.11 |
| 2025-01-03 | BENSOUSSAN TORRES ROBERT | Option exercise | 1.5K | $69.11 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (7)
- GUESS?, Inc.
- Coach
- Van Cleef & Arpels
- Lacoste
- Longchamp
- Amorepacific Europe
- Authentic Brands Group
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-13 | Auditor changeExhibits | filing ↗ |
| 2026-05-05 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-04-21 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-24 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-01-29 | Reg FDOtherExhibits | filing ↗ |
| 2026-01-29 | Reg FDOtherExhibits | filing ↗ |
| 2026-01-26 | OtherExhibits | filing ↗ |
| 2026-01-21 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-13 | 2026-05-08 | 0001753926-26-000860 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001753926-26-000771 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001753926-26-000773 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0001753926-26-000699 ↗ |
| 10-K | 2026-03-10 | 2025-12-31 | 0001753926-26-000464 ↗ |
| 8-K | 2026-02-24 | 2026-02-24 | 0001753926-26-000347 ↗ |
| 8-K | 2026-01-29 | 2026-01-28 | 0001753926-26-000227 ↗ |
| 8-K | 2026-01-29 | 2026-01-28 | 0001753926-26-000225 ↗ |
| 8-K | 2026-01-26 | 2026-01-26 | 0001753926-26-000179 ↗ |
| 8-K | 2026-01-21 | 2026-01-21 | 0001753926-26-000158 ↗ |
| 8-K | 2025-11-18 | 2025-11-18 | 0001753926-25-001816 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001753926-25-001705 ↗ |