Saturday 17 October 2026
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Darling Ingredients Inc.
DAR Consumer Defensive Packaged Foods
Darling Ingredients Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 7.36% from fiscal 2024. In the quarter to June 2026, revenue grew 16.4%, EPS grew 2,950.0%, free cash flow grew 428.2% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.
61.37
0.50
+0.82%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
21.97 | 23.18 | 31.03 | 14.70 | 31.69 | 17.28 | 13.35 | 12.46 | 19.25 | 90.00 |
Piotroski F-Score |
8 | 6 | 5 | 7 | 7 | 8 | 6 | 7 | 5 | 7 |
P/S ratio |
0.65 | 0.82 | 0.94 | 1.37 | 2.63 | 2.37 | 1.50 | 1.19 | 0.94 | 0.93 |
Altman Z-Score |
1.68 | 1.91 | 2.01 | 2.37 | 3.50 | 4.27 | 2.76 | 2.21 | 1.90 | 1.92 |
P/FCF ratio |
14.25 | 20.90 | 33.01 | 216.45 | 27.00 | 25.88 | 22.54 | 22.76 | 10.18 | 8.25 |
Altman Z″-Score (non-manufacturers) |
2.26 | 2.33 | 2.52 | 2.76 | 3.03 | 3.84 | 3.02 | 2.96 | 2.71 | 2.72 |
Beneish M-Score |
(2.73) | (2.72) | (2.77) | (2.48) | (2.76) | (2.28) | (2.09) | (2.47) | (2.93) | (2.93) |
P/Operating CF |
19.97 | 21.29 | 15.94 | 46.26 | 60.80 | 44.60 | 56.03 | 37.19 | 34.81 | 12.95 |
P/B ratio |
1.06 | 1.30 | 1.36 | 1.75 | 3.17 | 3.36 | 2.52 | 1.72 | 1.20 | 1.19 |
Price to Tangible BV |
15.94 | 8.62 | 6.21 | 5.17 | 7.68 | 6.50 | 9.26 | 7.12 | 4.32 | 3.79 |
EV/Sales |
1.13 | 1.26 | 1.40 | 1.84 | 3.02 | 2.67 | 2.00 | 1.82 | 1.63 | 1.55 |
EV/EBITDA |
8.43 | 9.63 | 8.11 | 7.68 | 13.74 | 10.50 | 9.15 | 8.48 | 9.52 | 12.11 |
EV/Operating CF |
9.83 | 11.27 | 11.89 | 17.10 | 17.30 | 17.96 | 16.07 | 13.76 | 11.08 | 9.00 |
EV/FCF |
24.82 | 32.03 | 49.33 | 290.26 | 31.10 | 29.09 | 30.01 | 34.89 | 17.61 | 13.79 |
Quick Ratio |
1.13 | 0.90 | 0.92 | 0.70 | 0.73 | 0.72 | 0.77 | 0.95 | 0.71 | 0.73 |
Current Ratio |
1.98 | 1.71 | 1.66 | 1.33 | 1.46 | 1.45 | 1.53 | 1.86 | 1.38 | 1.50 |
Net Debt/EBITDA |
3.59 | 3.35 | 2.68 | 1.95 | 1.81 | 1.16 | 2.28 | 2.95 | 4.02 | 4.87 |
Debt/Assets |
37.27% | 34.57% | 34.25% | 30.86% | 26.87% | 23.86% | 36.78% | 40.02% | 40.14% | 38.23% |
Debt/Equity |
0.84 | 0.74 | 0.72 | 0.62 | 0.51 | 0.44 | 0.87 | 0.94 | 0.91 | 0.82 |
Asset Turnover |
0.72 | 0.76 | 0.69 | 0.66 | 0.65 | 0.81 | 0.85 | 0.67 | 0.54 | 0.60 |
Operating CF/Net income |
3.82 | 3.19 | 3.93 | 1.16 | 2.10 | 1.08 | 1.10 | 1.39 | 3.01 | 16.87 |
Capex/Depreciation |
(0.78) | (0.86) | (0.92) | (1.03) | (0.78) | (0.84) | (0.95) | (1.07) | (0.61) | (0.72) |
Interest Coverage |
1.64 | 1.91 | 2.95 | 6.05 | 5.93 | 14.25 | 8.20 | 3.66 | 1.84 | 1.23 |
| 5.05% | 5.83% | 4.35% | 12.56% | 10.61% | 20.66% | 20.37% | 15.08% | 6.09% | 1.35% | |
| 2.16% | 2.66% | 2.06% | 6.11% | 5.42% | 11.08% | 9.62% | 6.39% | 2.64% | 0.62% | |
ROIC |
2.61% | 2.69% | 4.08% | 7.05% | 6.15% | 11.66% | 8.99% | 6.60% | 3.49% | 1.98% |
Return on Tangible Assets |
5.23% | 6.29% | 4.96% | 15.39% | 13.64% | 29.91% | 24.33% | 17.08% | 8.97% | 1.89% |
Average Days of Receivables |
42.60 | 39.50 | 42.26 | 44.45 | 41.82 | 36.19 | 38.84 | 44.19 | 39.96 | 38.75 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
9.19% | 9.38% | 9.13% | 10.66% | 10.60% | 8.26% | 6.68% | 7.99% | 8.61% | 8.98% |
Intangible Assets out of Total Assets |
0.41 | 0.40 | 0.37 | 0.33 | 0.31 | 0.26 | 0.31 | 0.32 | 0.32 | 0.32 |
Share Based Compensation of Revenue |
0.30% | 0.48% | 0.55% | 0.62% | 0.65% | 0.46% | 0.38% | 0.49% | 0.37% | 0.36% |
Graham Net Nets |
(0.78) | (0.55) | (0.52) | (0.39) | (0.18) | (0.15) | (0.37) | (0.56) | (0.78) | (0.69) |
Graham Number |
13.16 | 15.85 | 14.06 | 26.27 | 27.28 | 43.12 | 49.89 | 51.73 | 33.20 | 16.53 |
Earnings Yield |
4.55% | 4.31% | 3.22% | 6.80% | 3.16% | 5.79% | 7.49% | 8.02% | 5.19% | 1.11% |
Free Cash Flow Yield |
7.02% | 4.79% | 3.03% | 0.46% | 3.70% | 3.86% | 4.44% | 4.39% | 9.83% | 12.12% |
Revenue per Share |
20.61 | 22.23 | 20.56 | 20.43 | 21.97 | 29.19 | 40.57 | 42.46 | 35.83 | 38.72 |
Operating CF per Share |
2.38 | 2.49 | 2.42 | 2.20 | 3.84 | 4.34 | 5.05 | 5.63 | 5.26 | 6.69 |
Capex per Share |
(1.43) | (1.61) | (1.84) | (2.07) | (1.71) | (1.66) | (2.35) | (3.41) | (1.95) | (2.32) |
Free Cash Flow per Share |
0.94 | 0.88 | 0.58 | 0.13 | 2.14 | 2.68 | 2.71 | 2.22 | 3.31 | 4.36 |
Cash per Share |
0.70 | 0.65 | 0.65 | 0.44 | 0.50 | 0.43 | 0.79 | 0.79 | 0.71 | 0.66 |
Shareholders Equity per Share |
12.61 | 14.13 | 14.17 | 16.06 | 18.17 | 20.61 | 24.20 | 29.36 | 27.99 | 30.35 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
12.61 | 14.13 | 14.17 | 16.06 | 18.17 | 20.61 | 24.20 | 29.36 | 27.99 | 30.35 |
Free Cash Flow |
154.80 | 144.36 | 96.05 | 21.36 | 347.33 | 434.94 | 435.87 | 354.53 | 528.13 | 691.48 |
Working Capital |
441.45 | 396.96 | 357.44 | 228.95 | 311.69 | 336.33 | 569.65 | 857.53 | 395.93 | 518.72 |
Capital Expenditures |
(236.19) | (266.08) | (302.57) | (341.26) | (277.32) | (269.48) | (377.87) | (544.73) | (311.16) | (368.23) |
Net Current Asset Value |
(1,728.49) | (1,674.08) | (1,655.59) | (1,784.62) | (1,672.13) | (1,696.93) | (3,667.78) | (4,511.73) | (4,166.74) | (3,935.90) |
EV/EBIT |
24.83 | 27.29 | 18.58 | 13.03 | 25.07 | 14.30 | 12.71 | 13.02 | 19.87 | 34.88 |
Capex to Sales |
0.07 | 0.07 | 0.09 | 0.10 | 0.08 | 0.06 | 0.06 | 0.08 | 0.05 | 0.06 |
Price to Operating Income |
14.25 | 17.80 | 12.43 | 9.72 | 21.76 | 12.73 | 9.55 | 8.50 | 11.48 | 20.86 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.20 | 0.19 | 0.20 | 0.18 | 0.19 | 0.17 | 0.16 | 0.17 | 0.19 | 0.18 |
Cash ROIC |
3.93% | 3.48% | 2.33% | 0.49% | 7.64% | 8.91% | 5.88% | 3.83% | 6.13% | 7.81% |
Accounts Receivable Turnover |
8.71 | 9.25 | 8.59 | 8.39 | 8.72 | 10.78 | 11.21 | 8.95 | 7.90 | 9.61 |
Accounts Payable Turnover |
15.93 | 14.44 | 12.11 | 11.29 | 10.87 | 12.44 | 12.83 | 11.45 | 11.46 | 12.96 |
Inventory Turnover |
7.80 | 8.35 | 7.57 | 7.36 | 6.99 | 8.11 | 8.85 | 7.18 | 6.64 | 8.44 |
Average Days of Payables |
25.05 | 27.60 | 30.27 | 33.73 | 34.66 | 32.03 | 34.47 | 30.20 | 28.68 | 29.05 |
Days of Inventory on Hand |
45.82 | 45.46 | 47.04 | 51.17 | 55.10 | 47.72 | 49.15 | 53.85 | 47.45 | 41.31 |
Average Receivables |
389.62 | 396.12 | 394.28 | 400.93 | 409.46 | 439.72 | 582.66 | 758.52 | 723.77 | 638.57 |
Average Payables |
165.45 | 199.16 | 218.45 | 229.37 | 247.30 | 281.23 | 389.80 | 449.04 | 387.15 | 359.89 |
Average Inventory |
337.70 | 344.50 | 349.61 | 351.99 | 384.44 | 431.69 | 565.54 | 716.18 | 667.79 | 552.29 |
Average Assets |
4,729.32 | 4,828.12 | 4,923.79 | 5,117.31 | 5,479.29 | 5,873.53 | 7,668.05 | 10,131.73 | 10,565.78 | 10,184.63 |
Average Common Equity |
2,025.42 | 2,201.96 | 2,331.76 | 2,489.59 | 2,798.78 | 3,151.00 | 3,622.14 | 4,295.09 | 4,578.99 | 4,636.90 |
Columns are period end dates