Darling Ingredients Inc. (DAR)
Darling Ingredients Inc. develops, produces, and sells sustainable natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The Feed Ingredients segment collects and processes animal by-products into non-food grade oils and protein meals; bakery residuals into cookie meal used in poultry and swine rations; used cooking oil into non-food grade fats; and porcine and bovine blood into blood plasma powder and hemoglobin. This segment is also involved in the processing of selected portions of slaughtered animals into pet food, as well as of cattle hides and hog skins; production of organic fertilizers; rearing and processing of black soldier fly larvae into specialty proteins and fats for use in animal feed and pet food; and grease trap collection services to food service establishments. Its Food Ingredients segment engages in the purchase and processing of beef and pork bone chips, beef hides, and pig and fish skins into collagen; collection and processing of porcine and bovine intestines into natural casings; extraction and processing of porcine mucosa into crude heparin; collection and refining of animal fat into food grade fat; and processing of bones to bone chips and bone ash. The Fuel Ingredients segment is involved in the conversion of organic sludge and food waste into biogas; collection and conversion of fallen stock and certain animal by-products into low-grade energy sources; and processing of manure into natural bio-phosphate. It also provides environmental services, including disposal services; and yellow grease, fuel feedstock, and agriculture-based biofuels. The company sells its products under the Rendac, Sonac, FASA, Ecoson, Rousselot, Gelnex, and CTH brands. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.
- Symbol
- DAR
- Exchange
- NYSE
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Market cap
- $9.73B
- 52 week range
- 29.15 - 69.98
Valuation
- Share price
- $61.36 (close of 2026-09-23)
- P/E (TTM)
- 16.28x
- Price to book
- 1.83x
- Price to free cash flow
- 10.02x
- Enterprise value
- $13.74B
- Book value per share
- $33.47
Price performance
| Period | Change |
|---|
| 1 day | -3.00% |
| 5 days | -7.78% |
| 1 month | -6.66% |
| 3 months | +16.26% |
| 6 months | +8.68% |
| Year to date | +70.44% |
| 1 year | +94.61% |
| 3 years | +13.13% |
| 5 years | -16.57% |
| 10 years | +369.11% |
| All time | +1653.14% |
Profitability and growth
- Return on equity
- 1.31%
- Return on invested capital
- 3.08%
- Return on assets
- 0.61%
- Return on capital employed
- 2.95%
- Gross margin
- 24.01%
- Net margin
- 1.02%
- EBITDA margin
- 12.74%
- Revenue growth
- 7.36%
- Net income growth
- -77.48%
- Free cash flow growth
- 34.02%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 9.98%
- Current ratio
- 1.56x
- Net debt to EBITDA
- 2.69x
Latest reported year
- Period end
- 2026-01-03
- Fiscal year
- 2026
- Revenue
- $6.14B
- Cost of revenue
- $4.66B
- Gross profit
- $1.47B
- EBITDA
- $781.94M
- Net income
- $62.80M
- Earnings per share
- $0.40
- Shares outstanding
- 158.48M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2026-01-03 | $6.14B | $1.47B | $62.80M | $0.40 |
| 2024-12-28 | $5.72B | $1.28B | $278.88M | $1.75 |
| 2023-12-30 | $6.79B | $1.65B | $647.73M | $4.05 |
| 2022-12-31 | $6.53B | $1.53B | $737.69M | $4.58 |
| 2022-01-01 | $4.74B | $1.24B | $650.91M | $4.01 |
| 2021-01-02 | $3.57B | $883.11M | $296.82M | $1.83 |
| 2019-12-28 | $3.36B | $774.82M | $312.60M | $1.90 |
| 2018-12-29 | $3.39B | $741.35M | $101.50M | $0.62 |
| 2017-12-30 | $3.66B | $786.57M | $128.47M | $0.78 |
| 2016-12-31 | $3.39B | $756.60M | $102.31M | $0.62 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2026-01-03 | 24.01% | 1.02% | 1.31% | 3.08% |
| 2024-12-28 | 22.36% | 4.88% | 6.25% | 5.42% |
| 2023-12-30 | 24.23% | 9.54% | 13.80% | 9.67% |
| 2022-12-31 | 23.42% | 11.29% | 18.93% | 12.01% |
| 2022-01-01 | 26.19% | 13.73% | 19.44% | 20.94% |
| 2021-01-02 | 24.72% | 8.31% | 10.05% | 12.48% |
| 2019-12-28 | 23.03% | 9.29% | 11.83% | 15.42% |
| 2018-12-29 | 21.88% | 3.00% | 4.35% | 10.90% |
| 2017-12-30 | 21.48% | 3.51% | 5.52% | 7.63% |
| 2016-12-31 | 22.31% | 3.02% | 4.93% | 7.11% |
Cash and debt by year
| Period end | Cash |
|---|
| 2026-01-03 | $88.67M |
| 2024-12-28 | $75.97M |
| 2023-12-30 | $126.50M |
| 2022-12-31 | $127.02M |
| 2022-01-01 | $68.91M |
| 2021-01-02 | $81.62M |
| 2019-12-28 | $72.94M |
| 2018-12-29 | $107.26M |
| 2017-12-30 | $106.77M |
| 2016-12-31 | $114.56M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2026-01-03 | $679.24M | $21.80M |
| 2024-12-28 | $506.82M | $20.92M |
| 2023-12-30 | $343.78M | $33.16M |
| 2022-12-31 | $422.43M | $25.00M |
| 2022-01-01 | $430.29M | $21.84M |
| 2021-01-02 | $344.54M | $23.22M |
| 2019-12-28 | $3.12M | $21.01M |
| 2018-12-29 | $76.72M | $18.78M |
| 2017-12-30 | $136.27M | $17.60M |
| 2016-12-31 | $147.47M | $10.33M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-22
- Consensus EPS estimate
- $1.73
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-30 | Jun/2026 | $1.45 |
| 2026-04-30 | - | - |
| 2026-02-11 | - | - |
| 2025-10-23 | - | - |
| 2025-07-24 | - | - |
| 2025-07-22 | - | - |
| 2025-04-24 | - | - |
| 2025-04-22 | - | - |
Filings and sources
- Company website
- darlingii.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
Kraft Heinz Co (KHC) · General Mills Inc (GIS) · J. M. Smucker Co (SJM) · McCormick & Co Inc (MKC) · Hormel Foods Corp (HRL) · Conagra Brands Inc. (CAG) · Campbell's Co (CPB) · Constellation Brands, Inc. (STZ)
All Consumer Defensive companies
Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades