DAR · Darling Ingredients Inc.

Track DAR — free

$64.32 +2.93 (+4.77%) At close · Aug 28

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$10.15B

157.80M

Up next

Next earnings call

Oct 29, 2026 Est · unconfirmed · in 9 wks

FQ3-27 quarter ends

~Oct 2, 2026 Est

Latest filing: 10-Q

filed Aug 7, 2026

Equibles Research

our published analysis of this company

Buybacks Roundup August 10, 2026

MetLife Tops a $15.3B Buyback Week; First-Timers Dominate the Field

Ten repurchase authorizations totaling $15.3B were announced in the week ended August 9, 2026, led by MetLife's $3.0B program. Nine of the ten are first-time repurchasers on Equibles' records, and the heaviest hitters sit near 52-week highs.

Equibles Rating

blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Buy Momentum Very Strong Sentiment Neutral Fundamentals Fair Quant / Vol High

Market backdrop VIX 14.4 · calm Equity put/call 0.62

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg +22%

above

Price vs 50-day avg +6%

above

RSI (14) 54

neutral

MACD trend Negative

52-week position 90%

near high

Momentum

relative strength

Very Strong

1-month return +6%

trailing

6-month return +24%

trailing

YTD return +79%

this year

Relative strength +10%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $61 › 200d $53 — 50d above 200d

Institutional flow Flat

0% holders QoQ · +89 funds added

Insider flow Distributing

Net -$1.7M over 90 days · 83% sells

Short interest Falling

3.92% of float · ▼ -8.0% MoM · 2.9 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

618 holders — near 3-yr high, broad support

Squeeze score 59

elevated · 0–100

Fundamentals

Fair

Revenue growth +7%

Y/Y

Gross margin 24%

expanding

EPS growth −77%

Y/Y

Free cash flow $679.2M

Valuation P/E 17.3

rich

Buyback $1.0B

authorized

Balance sheet $3.8B

net debt

Quant / Vol

risk profile

High

Volatility 36%

annualized · 1-yr

Max drawdown −19%

past year

ATR 4.3%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Latest guidance · from the 8-K filed Jul 30, 2026

fiscal year 2026

Capital expenditures Raised $450M

Apr 30, 2026 $400M Jul 30, 2026 $450M

Net debt Initiated up to $3B

third quarter 2026

Core ingredients business Adjusted EBITDA Non-GAAP Initiated $325M – $340M

Prior guidance period ended · from the 8-K filed Apr 30, 2026

Core ingredients business Adjusted EBITDA · second quarter 2026 $260M – $275M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy

1 · 2 · 3

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+22% Bullish

Price vs 50-day avg

+6% Bullish

RSI (14)

54 Neutral

MACD trend

Negative Bearish

52-week position

90% Bullish

Market signals — smart money & positioning

Bullish · 2 of 6

Trend (MA cross) No cross

50d $61 › 200d $53 — 50d above 200d

Institutional flow Flat

0% holders QoQ · +89 funds added

Insider flow Distributing

Net -$1.7M over 90 days · 83% sells

Short interest Falling

3.92% of float · ▼ -8.0% MoM · 2.9 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

618 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $30 Now $64 · 90% Range high $68

vs 200-day avg +22% vs 50-day avg +6%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
DGD Adjusted EBITDA (Darling's Share) (Non-GAAP) non-GAAP	$389.2M	Three Months Ended July 4, 2026 filing	+812.6%

Food Ingredients raw material processed	331,000	Three Months Ended July 4, 2026 filing	—
Fuel Ingredients raw material processed	368,000	Three Months Ended July 4, 2026 filing	—
Adjusted EBITDA (Non-GAAP) non-GAAP	$608.19M	Six Months Ended July 4, 2026	—

Capital expenditures - YTD	$223.63M	As of July 4, 2026	—
Cash distributions received from DGD	$280M	Q2 2026	—
Combined Adjusted EBITDA non-GAAP	$1.15B	six months ended July 4, 2026	—

Combined Adjusted EBITDA (Non-GAAP) non-GAAP	$1.15B	Six Months Ended July 4, 2026	—

DGD Adjusted EBITDA non-GAAP	$785.29M	Q2 2026	—
DGD adjusted EBITDA (Darling's Share) non-GAAP	$389.2M	Q2 2026	—

GAAP → non-GAAP reconciliation GAAP DGD Adjusted EBITDA (Non-GAAP) $785.29M -$6.89M Less: Discount and Broker Fees -$389.2M Darling's Share 50% = DGD Adjusted EBITDA (Darling's Share) $389.2M
DGD Adjusted EBITDA after Discount and Broker Fees non-GAAP	$778.41M	Q2 2026	—
DGD average EBITDA per gallon non-GAAP	$1.74	six months ended July 4, 2026	—
DGD Joint Venture Adjusted EBITDA (Darling's share) (Non-GAAP) non-GAAP	$540.37M	Six Months Ended July 4, 2026	—

DGD produced	356M	Q2 2026	—
DGD sold renewable diesel gallons	621.2M	six months ended July 4, 2026	—
EBITDA per gallon sold/shipped non-GAAP	$2.23	Q2 2026	—

Net debt	$3.79B	As of July 4, 2026	—
Pro forma Adjusted EBITDA to Foreign Currency (Non-GAAP) non-GAAP	$589.71M	Six Months Ended July 4, 2026	—

Revolver availability	$1.31B	As of July 4, 2026	—
Segment Adjusted EBITDA (Non-GAAP) non-GAAP	$608.19M	Six Months Ended July 4, 2026	—
Total gallons produced	355.9M	Q2 2026	—

Total gallons sold/shipped	348.8M	Q2 2026	—

Adjusted EBITDA per gallon non-GAAP	$1.11	three months ended March 31, 2026	—
Adjusted EBITDA per gallon sold/shipped non-GAAP	$1.11	Q1 2026	—
Capital expenditures	$94.8M	first quarter 2026	—
DGD favorable LCM inventory valuation adjustment attributable to Darling Ingredients	$48.4M	first quarter of 2026	—
DGD sold renewable fuels	272.4M	three months ended March 31, 2026	—
Feed Segment Adjusted EBITDA non-GAAP	$168.7M	Q1 2026	—
Food Segment Adjusted EBITDA non-GAAP	$80.8M	Q1 2026	—
Fuel Combined Segment Adjusted EBITDA non-GAAP	$179.9M	Q1 2026	—
Pro forma Adjusted EBITDA (Darling's share) non-GAAP	$151.2M	Q1 2026	—
Production Tax Credit (PTC) sales monetized	$45M	first quarter of 2026	—
Segment adjusted EBITDA non-GAAP	$28.7M	Q1 2026	—
DGD Adjusted EBITDA (Non-GAAP) non-GAAP	$236.52M	FY 2025	—
DGD Adjusted EBITDA (Non-GAAP) after Discount and Broker Fees non-GAAP	$207.43M	FY 2025	—
GAAP → non-GAAP reconciliation GAAP DGD Adjusted EBITDA (Non-GAAP) $236.52M -$29.09M Less: Discount and Broker Fees = DGD Adjusted EBITDA (Non-GAAP) after Discount and Broker Fees $207.43M
DGD renewable diesel EBITDA per gallon non-GAAP	$0.21	twelve months ended Dec. 31, 2025	—
DGD renewable diesel gallons sold	1B	twelve months ended Dec. 31, 2025	—
Pro forma Adjusted EBITDA to Foreign Currency non-GAAP	$902.22M	Twelve Months Ended January 3, 2026	—
Total combined adjusted EBITDA non-GAAP	1.03B	FY 2025	—
Darling Ingredients' share of DGD Adjusted EBITDA non-GAAP	$104M	12 months ended December 31, 2025	—
Darling Ingredients' share of DGD Adjusted EBITDA per gallon non-GAAP	$0.21	12 months ended December 31, 2025	—
DGD sold/shipped renewable fuels	1B	12 months ended December 31, 2025	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Packaged Foods — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
DAR Darling Ingredients Inc. this stock	$10.15B	+78.7%	+7.4%	17.3	3.9%
KHC Kraft Heinz Co	$29.80B	+6.0%	-0.1%	—	7.2%
GIS General Mills Inc	$21.58B	-10.6%	+4.1%	—	8.4%
MKC Mccormick & Co Inc	$14.66B	-18.8%	+1.7%	9.1	4.9%
JBS Jbs N.V.	$14.59B	-5.8%	—	—	3.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

618

% held: 106.8%
Net QoQ: +603.7K sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

500

View

Short & Settlement

Short Interest Falling

Shares short

6.2M

Days to cover: 2.9d
Change: -540.1K sh

View

Short Volume

Short vol %

48%

As of: Aug 28, 2026

Short Total

View

Fails to Deliver

FTD shares

231

Value: $14.6K
As of: Jul 20, 2026

View

Off-Exchange

Off-exchange %

45.6%

Week of: Jul 20, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$1.7M

Buyers / Sellers: 1 / 5

Buyers Sellers

View

Congressional Trades Sell

Member

Daniel Goldman

Amount: $1.0K–$15.0K
Traded: Jul 14, 2023

View

Financials

Revenue (FY)

$6.1B

Net income (FY): $62.8M
EPS diluted: $0.39

View

Buybacks

Authorized

$1.0B

View

Filings

SEC Filings

Latest

10-Q

Filed: Aug 7, 2026
This year: 12

View

Proposed Sales

Value

$67.5K

Shares: 1.0K
Filed: Aug 18, 2026

View

Earnings & Events

Earnings Calls Upcoming

Next call

Sep 9, 2026

Last call: Jul 30, 2026

View

Investor Relations

Upcoming events

View

Performance

	5D	20D	120D	MTD	YTD
DAR	-2.2%	+6.1%	+23.9%	+6.1%	+78.7%
SPY	+0.5%	+3.0%	+13.4%	+3.0%	+12.8%
vs SPY	-2.6%	+3.1%	+10.5%	+3.1%	+65.9%

Capital returns

Buyback program · as of Aug 5, 2026

Authorized

$1.00B

Spent (derived)

—

Remaining

—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 916540 CUSIP 237266101 13F (30d) 499 filings 455 filers Visit website Investor relations

DAR · Darling Ingredients Inc.

Price & Indicators

Up next

Equibles Research

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns