DAR · Darling Ingredients Inc.

$63.40 -1.38 (-2.13%) At close · Jul 23

Market Cap

$10.08B

158.93M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$6.14B +7.4%

FY2026

Net Income

$62.8M -77.5%

FY2026

Gross Margin

24.01% +1.6pp

FY2026

Operating Margin

4.46% -3.7pp

FY2026

Diluted EPS

$0.39 -77.5%

FY2026

Operating Cash Flow

$1.06B +26.3%

FY2026

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenue	-2.1%	+11.4%	+6.1%	$6.31B	$6.14B	$5.72B	$6.79B	$6.53B	$4.74B	$3.57B	$3.36B	$3.39B	$3.66B	$3.39B	$3.39B	$3.96B	$1.8B	$1.77B	$1.8B	$724.91M	$597.81M	$807.49M
Cost of Revenue	-2.3%	+11.6%	+5.8%	$4.74B	$4.66B	$4.44B	$5.14B	$5B	$3.5B	$2.69B	$2.59B	$2.65B	$2.88B	$2.64B	$2.65B	$3.12B	$1.34B	$1.3B	$1.27B	$531.7M	$440.11M	$614.71M
Gross Profit	-1.2%	—	—	$1.57B	$1.47B	$1.28B	$1.65B	$1.53B	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Gross Margin	—	—	—	—	24.01%	22.36%	24.23%	23.42%	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Selling, General & Administrative	+8.1%	+7.8%	+5.7%	$578.67M	$551.16M	$492.11M	$542.53M	$436.61M	$391.54M	$378.5M	$358.52M	$309.26M	$343.5M	$311.55M	$316.38M	$374.58M	$170.83M	$151.71M	$136.14M	$68.04M	$61.06M	$59.76M
Amortization of Intangibles	+5.8%	+7.2%	+2.3%	$104.9M	$105M	$112.2M	$124.8M	$88.7M	$67.4M	$74M	$73.6M	$75.2M	$78M	$77.7M	$83.3M	$83.6M	$32.1M	$28.1M	$28M	$5.6M	—	—
Depreciation & Amortization	+8.8%	+7.7%	+6.5%	$515.58M	$508.5M	$503.83M	$502.02M	$394.72M	$316.39M	$350.18M	$325.51M	$321.19M	$302.1M	$289.91M	$269.9M	$269.52M	$98.79M	$85.37M	$78.91M	$31.91M	$25.23M	$24.43M
Total Costs & Expenses	-0.4%	+11.0%	+6.0%	$5.92B	$5.81B	$5.4B	$6.2B	$5.88B	$4.21B	$3.46B	$3.25B	$3.29B	$3.52B	$3.24B	$3.25B	$3.79B	$1.63B	$1.54B	$1.48B	$642.45M	$526.87M	$714.82M
Operating Income	-35.7%	-8.7%	+6.7%	$471.81M	$273.44M	$468.22M	$949.73M	$1.03B	$884.47M	$430.94M	$475.82M	$255M	$169.45M	$154.73M	$142.64M	$164.51M	$169.57M	$231.74M	$313.98M	$82.46M	$70.94M	$92.68M
Operating Margin	—	—	—	—	4.46%	8.19%	13.99%	15.75%	18.65%	12.06%	14.14%	7.53%	4.63%	4.56%	4.21%	4.16%	9.41%	13.07%	17.47%	11.38%	11.87%	11.48%
EBITDA	-18.1%	0.0%	+6.6%	$987.39M	$781.94M	$972.04M	$1.45B	$1.42B	$1.2B	$781.11M	$801.33M	$576.19M	$471.55M	$444.64M	$412.55M	$434.03M	$268.35M	$317.11M	$392.89M	$114.37M	$96.17M	$117.11M
Interest Expense	+21.0%	+25.1%	+7.7%	$218.43M	$222.28M	$253.86M	$259.22M	$125.57M	$62.08M	$72.69M	$78.67M	$86.43M	$88.93M	$94.19M	$105.53M	$135.42M	$38.11M	$24.05M	$37.16M	$8.74M	$3.11M	$3.02M
Interest Income	—	—	—	$15.9M	—	$16M	$16.4M	$5.3M	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Non-Operating Income	—	—	—	-$223.16M	-$225.17M	-$232.7M	-$234.78M	-$140.45M	-$68.83M	-$80.51M	-$95.82M	-$136.48M	-$105.51M	-$102.57M	-$117.28M	-$148.67M	-$13.55M	-$22.29M	-$40.12M	-$12.12M	-$4.06M	-$2.76M
Equity in Earnings of Unconsolidated Entities	+35.7%	+31.9%	-16.1%	$13.03M	$12.76M	$11.99M	$5.01M	$5.1M	$5.75M	$3.19M	$428K	-$550K	$265K	$70.38M	$73.42M	$65.61M	$7.66M	-$2.66M	-$1.57M	$0	$0	—
Pretax Income	-59.1%	-29.6%	-4.7%	$261.68M	$61.03M	$247.51M	$719.96M	$893.72M	$821.4M	$353.62M	$380.43M	$117.98M	$64.2M	$122.54M	$98.78M	$81.45M	$163.68M	$206.79M	$272.29M	$70.34M	$66.88M	$89.92M
Income Tax	—	—	—	$30.42M	-$9.36M	-$38.34M	$59.57M	$146.63M	$164.11M	$53.29M	$59.47M	$12.03M	-$69.15M	$15.32M	$13.5M	$13.14M	$54.71M	$76.02M	$102.88M	$26.1M	$25.09M	$35.35M
Net Income	-56.0%	-26.7%	-2.2%	$221.67M	$62.8M	$278.88M	$647.73M	$737.69M	$650.91M	$296.82M	$312.6M	$101.5M	$128.47M	$102.31M	$78.53M	$64.22M	$108.97M	$130.77M	$169.42M	$44.24M	$41.79M	$54.56M
Net Margin	—	—	—	—	1.02%	4.88%	9.54%	11.29%	13.73%	8.31%	9.29%	3%	3.51%	3.02%	2.32%	1.62%	6.05%	7.38%	9.43%	6.1%	6.99%	6.76%
Net Income Attributable to Noncontrolling Interests	-6.9%	+16.6%	+1.2%	$7.98M	$7.58M	$6.97M	$12.66M	$9.4M	$6.38M	$3.51M	$8.37M	$4.45M	$4.89M	$4.91M	$6.75M	$4.1M	$0	$0	—	—	—	—
Net Income Available to Common Stockholders	-56.0%	-26.7%	-2.2%	$223.28M	$62.8M	$278.88M	$647.73M	$737.69M	$650.91M	$296.82M	$312.6M	$101.5M	$128.47M	$102.31M	$78.53M	$64.22M	$108.97M	$130.77M	$169.42M	$44.24M	$41.79M	—
Comprehensive Income	-15.5%	+2.2%	—	$444.62M	$407.86M	-$207.02M	$833.25M	$675.51M	$581.66M	$366.23M	$295.29M	$11.26M	$258.95M	$98.23M	-$80.33M	-$83.42M	$110.87M	$130.35M	$159.5M	$47.04M	$47.86M	$33.24M
EPS (Basic) USD/shares	-55.6%	-26.2%	-1.8%	—	$0.40	$1.75	$4.05	$4.58	$4.01	$1.83	$1.90	$0.62	$0.78	$0.62	$0.48	$0.39	$0.91	$1.11	$1.47	$0.53	$0.51	$0.67
EPS (Diluted) USD/shares	-55.7%	-26.2%	-2.1%	—	$0.39	$1.73	$3.99	$4.49	$3.90	$1.78	$1.86	$0.60	$0.77	$0.62	$0.48	$0.39	$0.91	$1.11	$1.47	$0.53	$0.51	$0.66
Shares Outstanding (Basic Avg) shares	-0.5%	-0.5%	-0.4%	—	158.48M	159.51M	159.86M	161M	162.45M	162.57M	164.63M	164.79M	164.75M	164.6M	165.03M	164.63M	119.53M	117.59M	114.92M	82.85M	82.14M	—
Shares Outstanding (Diluted Avg) shares	-0.8%	-0.9%	-0.3%	—	160.16M	161.42M	162.39M	164.12M	167.1M	167.21M	168.38M	167.91M	166.73M	165.21M	165.12M	165.06M	119.92M	118.09M	115.53M	83.24M	82.48M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2014–FY2026: $530.44M in buybacks.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

—

Packaged Foods median 1.23×

EV/EBIT

—

Packaged Foods median 15.19×

P/E (TTM)

45.94×

Packaged Foods median 15.10×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2026	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018
Feed Ingredients	$3,990,088,000	$3,675,609,000	$4,472,592,000	$4,539,000,000	$3,039,500,000	$2,072,104,000	$1,970,561,000	$1,952,555,000
Food Ingredients	$1,545,030,000	$1,489,101,000	$1,752,065,000	$1,459,630,000	$1,271,629,000	$1,185,701,000	$1,119,085,000	$1,139,126,000
Fuel Ingredients	$600,759,000	$550,465,000	$563,423,000	$533,574,000	$430,240,000	$314,118,000	$274,259,000	$296,045,000
Corporate	—	—	$0	$0	$0	$0	$0	$0

By Geography (USD)

Component	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
North America	$3,455,625,000	$3,249,871,000	$4,165,712,000	$4,222,058,000	$2,867,934,000	$1,960,503,000	$1,889,573,000	$1,817,001,000
Europe	$1,786,488,000	$1,627,060,000	$1,691,449,000	$1,769,973,000	$1,521,031,000	$1,296,668,000	$1,153,787,000	$1,225,461,000
South America	$570,891,000	$504,516,000	$534,082,000	$187,343,000	$31,446,000	$38,238,000	$51,168,000	$53,206,000
China	$261,433,000	$266,468,000	$308,572,000	$284,684,000	$253,212,000	$202,093,000	$194,625,000	$210,657,000
Other Geographical Areas	$61,440,000	$67,260,000	$88,265,000	$68,146,000	$67,746,000	$74,421,000	$74,752,000	$81,401,000

By Product & Service (USD)

Component	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Fats	$1,779,595,000	$1,464,012,000	$1,904,079,000	$2,156,857,000	$1,380,796,000	$804,737,000	$718,234,000	$728,605,000
Proteins	$1,409,395,000	$1,484,581,000	$1,672,027,000	$1,476,553,000	$1,022,694,000	$830,195,000	$791,284,000	$842,878,000
Food Ingredients Products and Services	$1,253,900,000	$1,232,521,000	$1,476,875,000	$1,121,995,000	$961,617,000	$947,928,000	$894,761,000	$886,042,000
Bioenergy	$600,759,000	$550,465,000	$563,423,000	$533,574,000	$426,863,000	$293,249,000	$234,691,000	$247,187,000
Used Cooking Oil	$445,494,000	$351,309,000	$497,657,000	$519,119,000	$319,145,000	$176,691,000	$185,705,000	$166,634,000
Other Rendering	$295,700,000	$293,648,000	$243,525,000	$200,945,000	$173,405,000	$178,601,000	$167,870,000	$129,273,000
Bakery	$195,444,000	$190,462,000	$255,214,000	$333,442,000	$287,424,000	$183,759,000	$191,551,000	$180,227,000
Other Products and Services	$155,590,000	$148,177,000	$175,280,000	$189,719,000	$166,048,000	$135,894,000	$140,241,000	$158,022,000
Biofuels	—	—	—	—	$3,377,000	$20,869,000	$39,568,000	$48,858,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Feed Ingredients	$215,208,000	$203,952,000	$419,172,000	$506,333,000	$394,782,000	$96,626,000	$54,742,000	$82,843,000
Food Ingredients	$151,790,000	$144,682,000	$211,646,000	$176,569,000	$134,001,000	$83,379,000	$90,608,000	$33,768,000
Fuel Ingredients	$3,355,000	$197,167,000	$425,265,000	$435,937,000	$425,069,000	$317,280,000	$398,819,000	$195,087,000
Corporate	—	—	-$106,357,000	-$89,771,000	-$69,382,000	-$66,349,000	-$68,348,000	-$56,697,000

Operating Margin by Segment (%)

Component	FY2026	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018
Feed Ingredients	5.4%	5.5%	9.4%	11.2%	13%	4.7%	2.8%	4.2%
Food Ingredients	9.8%	9.7%	12.1%	12.1%	10.5%	7%	8.1%	3%
Fuel Ingredients	0.6%	35.8%	75.5%	81.7%	98.8%	101%	145.4%	65.9%

Key facts CIK 916540 CUSIP 237266101 13F (30d) 110 filings 109 filers Visit website Investor relations