Saturday 17 October 2026 Export DAR’s income statement to Excel — free account

Darling Ingredients Inc.

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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Market cap: $9.6B
P/E: 16.3×
Fwd P/E: 13.8×
Dividend yield: —
F-score: 7/9
Altman Z: 1.92
Beneish M: −2.93
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.06

Total sells 4.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	1	—	—	—
Sell	—	—	—	3	—	—	1	—	—	5	1	—

Insider Ownership 1.86%

Capital & Financial Ratios $m

Market Cap 9,610.00

Revenue 6,548.66

Net Income 606.26

Free Cash Flow 899.23

Net Debt 3,769.08

Current Ratio 1.56

Debt/Equity 0.74

P/E ratio 16.28

Fwd P/E 13.80

P/S ratio 1.49

P/B ratio 1.83

Past 5Y EPS Growth (26.19%)

This Y EPS Growth 1,669.03%

Next Y EPS Growth (11.93%)

Next Y revenue growth 11.02%

Next 5Y EPS Growth 136.38%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 33.06%

10-year low 10-year high

P/S against its own 10 years 71.65%

10-year low 10-year high

P/B against its own 10 years 66.53%

10-year low 10-year high

EV/Sales against its own 10 years 71.18%

10-year low 10-year high

EV/FCF against its own 10 years 1.62%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	127	114	105	179
Receivables	822	626	651	702
Inventory	759	577	528	605
Other	43	42	184	164
	1,856	1,439	1,553	1,757

	2023	2024	2025	Q'26
Payables	426	349	371	413
ST’ Debt	61	133	75	97
Other	—	—	25	21
	998	1,044	1,035	1,123

Compound Annual Growth %

	10y	5y	3y
Sales	6.11%	11.43%	(2.06%)
Cash Flow	9.67%	11.15%	9.20%
Earnings	(2.21%)	(26.70%)	(56.01%)
Book Value	9.31%	10.24%	7.27%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,551	1,724	—	—	—
’25	1,381	1,482	1,564	1,710	6,136
’24	1,420	1,455	1,422	1,418	5,715
’23	1,791	1,758	1,625	1,614	6,788
’22	1,366	1,650	1,748	1,768	6,532
’21	1,047	1,199	1,186	1,310	4,741
’20	853	849	851	1,020	3,572

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	153	533	—	—	—
’25	249	146	224	441	1,060
’24	264	147	274	154	839
’23	188	217	277	217	899
’22	152	209	277	175	814
’21	139	159	154	252	704
’20	35	229	207	154	625

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	66	407	—	—	—
’25	188	77	137	289	691
’24	173	51	209	96	528
’23	78	96	132	48	355
’22	82	130	179	45	436
’21	80	95	89	171	435
’20	(27)	168	145	61	347

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.83	2.41	—	—	—
’25	(0.16)	0.08	0.12	0.35	0.39
’24	0.50	0.49	0.11	0.63	1.73
’23	1.14	1.55	0.77	0.52	3.99
’22	1.14	1.23	1.17	0.96	4.49
’21	0.90	1.17	0.88	0.94	3.90
’20	0.51	0.39	0.61	0.27	1.78

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	7.78	11.51	16.36	18.20	10.25	56.16	55.71	38.97	32.55	26.00	Analyst estimates 2026–2028 Powerpack
	High	15.93	18.65	22.38	28.29	59.00	85.98	87.59	71.60	51.12	42.15
People
People	Employees	10,000	9,800	9,800	10,100	10,000	9,900	14,600	15,800	15,500	15,000
	Revenue/emp, $m	0.34	0.37	0.35	0.33	0.36	0.48	0.45	0.43	0.37	0.41
Income, $m
Income, $m	Revenue	3,392	3,662	3,388	3,364	3,572	4,741	6,532	6,788	5,715	6,136
	Gross margin, %	22.31	21.48	21.88	23.03	24.72	26.19	23.42	24.23	22.36	24.01
	EBT	123	64	118	380	354	821	894	720	248	61
	EBT margin, %	3.61	1.75	3.48	11.31	9.90	17.32	13.68	10.61	4.33	0.99
	Net income	107	133	106	321	300	657	747	660	286	70
	Depreciation	301	311	329	331	356	320	400	508	509	514
Per share, $
Per share, $	Revenue	20.61	22.23	20.56	20.43	21.97	29.19	40.57	42.46	35.83	38.72
	Earnings	0.62	0.78	0.62	1.90	1.83	4.01	4.58	4.05	1.75	0.40
	Cash flow	2.38	2.49	2.42	2.20	3.84	4.34	5.05	5.63	5.26	6.69
	Capex	(1.43)	(1.61)	(1.84)	(2.07)	(1.71)	(1.66)	(2.35)	(3.41)	(1.95)	(2.32)
	Free cash flow	0.94	0.88	0.58	0.13	2.14	2.68	2.71	2.22	3.31	4.36
	Book value	12.61	14.13	14.17	16.06	18.17	20.61	24.20	29.36	27.99	30.35
	Shares, m	165	165	165	165	163	162	161	160	160	158
Valuation, ×
Valuation, ×	P/E	21.97	23.18	31.03	14.70	31.69	17.28	13.35	12.46	19.25	90.00
	P/S	0.65	0.82	0.94	1.37	2.63	2.37	1.50	1.19	0.94	0.93
	P/B	1.06	1.30	1.36	1.75	3.17	3.36	2.52	1.72	1.20	1.19
	EV/Sales	1.13	1.26	1.40	1.84	3.02	2.67	2.00	1.82	1.63	1.55
	EV/FCF	24.82	32.03	49.33	290.26	31.10	29.09	30.01	34.89	17.61	13.79
Cash, $m
Cash, $m	Operating cash flow	391	410	399	363	625	704	814	899	839	1,060
	Capex	(236)	(266)	(303)	(341)	(277)	(269)	(378)	(545)	(311)	(368)
	Free cash flow	155	144	96	21	347	435	436	355	528	691
Balance, $m
Balance, $m	Working capital	441	397	357	229	312	336	570	858	396	519
	Total debt	1,751	1,714	1,674	1,649	1,508	1,463	3,385	4,427	4,042	3,937
	Net debt	1,636	1,607	1,567	1,576	1,426	1,394	3,257	4,300	3,928	3,832
	Shareholders’ equity	2,076	2,328	2,336	2,643	2,954	3,348	3,896	4,694	4,464	4,810
Returns, %
Returns, %	ROA	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
	ROE	5.05	5.83	4.35	12.56	10.61	20.66	20.37	15.08	6.09	1.35

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
JBS JBS N.V.	$13.6B	12.8×	9.2×	+13.82% (above 0%: growing)	n/m	+238.90% (above 0%: growing)	10.83%	2.50%	Compare
SJM The J. M. Smucker Company	$13.5B	59.3×	12.9×	+5.02% (above 0%: growing)	n/m	+511.71% (above 0%: growing)	44.14%	23.05%	Compare
MKC McCormick & Company, Incorporated	$12.3B	8.3×	15.7×	+17.39% (above 0%: growing)	−53.76% (below 0%: shrinking)	−45.61% (below 0%: shrinking)	39.26%	10.72%	Compare
MICC The Magnum Ice Cream Company N.V.	$11.3B	—	—	—	—	—	—	—	Compare
HRL Hormel Foods Corporation	$11.1B	32.4×	16.1×	−2.36% (below 0%: shrinking)	−66.67% (below 0%: shrinking)	+107.16% (above 0%: growing)	15.92%	2.49%	Compare
DAR Darling Ingredients Inc.	$9.6B	16.3×	13.8×	+16.37% (above 0%: growing)	+2,950.00% (above 0%: growing)	+428.22% (above 0%: growing)	29.20%	32.20%
LW Lamb Weston	$7.5B	28.9×	14.4×	+0.66% (above 0%: growing)	−54.02% (below 0%: shrinking)	−47.29% (below 0%: shrinking)	15.96%	4.92%	Compare
SFD Smithfield Foods, Inc.	$7.3B	6.9×	10.0×	−2.27% (below 0%: shrinking)	+27.08% (above 0%: growing)	−1.54% (below 0%: shrinking)	12.95%	7.86%	Compare
PPC Pilgrim's Pride Corporation	$6.9B	12.8×	8.9×	−2.76% (below 0%: shrinking)	−96.00% (below 0%: shrinking)	−67.46% (below 0%: shrinking)	7.34%	1.43%	Compare
Median of peers	$11.2B	12.8×	12.9×	+0.66%	−54.02%	−1.54%	15.92%	4.92%

All 71 Packaged Foods stocks →

Darling Ingredients Inc. (DAR) key facts

Concern: Net income was $70.4 million, or $0.40 per share (basic), a net margin of 1.02%.
Strength: Darling Ingredients Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 7.36% from fiscal 2024.
Darling Ingredients Inc. (DAR) is a Packaged Foods company in the Consumer Defensive sector, listed on the New York Stock Exchange.
As of October 16, 2026, DAR traded at $61.37, a market capitalization of $9.6 billion.
At that price the stock trades at 16.3× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 33% of its own readings over the past ten years.
Return on equity was 1.35% and debt-to-equity 0.74.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.92 (grey zone) for fiscal 2025.