Darling Ingredients IncDarling Ingredients Inc
Darling Ingredients Inc

Darling Ingredients Inc

DAR
Consumer Staples·Food Products

Darling Ingredients, Inc. engages in the development and production of natural ingredients from edible and inedible bio-nutrients. It operates through the following segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. The Feed Ingredients segment includes ingredients such as fats and proteins used cooking oil, trap grease and food residuals collection, the Rothsay ingredients, and specialty products. The Food Ingredients segment consists of gelatin, natural casings and meat by-products, and specialty products activities. The Fuel Ingredients segment includes the bioenergy business. The company was founded in 1882 and is headquartered in Irving, TX.

Texas; U.S.A
Market cap
No dataNo data
Revenue
$6.1B+7.4% YoY
Net income
$62.8M−77.5% YoY
Free cash flow
$679.2M+34.0% YoY

Market

Listed stock
DARPriceNYSE
Loading…Loading…1Y

Financial performance

Revenue
$6.1B+7.4% YoY
Operating income
$273.4M−41.6% YoY
Net income
$62.8M−77.5% YoY
Free cash flow
$679.2M+34.0% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2022 $4.7B, 2022 $6.5B, 2023 $6.8B, 2024 $5.7B, 2026 $6.1B. Operating income: 2022 $884.5M, 2022 $1B, 2023 $949.7M, 2024 $468.2M, 2026 $273.4M. Net income: 2022 $650.9M, 2022 $737.7M, 2023 $647.7M, 2024 $278.9M, 2026 $62.8M. Free cash flow: 2022 $430.3M, 2022 $422.4M, 2023 $343.8M, 2024 $506.8M, 2026 $679.2M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
7.4%+2317 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2022-01-01 $884.5M, 2022-12-31 $1B, 2023-12-30 $949.7M, 2024-12-28 $468.2M, 2026-01-03 $273.4M. Net income: 2022-01-01 $650.9M, 2022-12-31 $737.7M, 2023-12-30 $647.7M, 2024-12-28 $278.9M, 2026-01-03 $62.8M. Free cash flow: 2022-01-01 $430.3M, 2022-12-31 $422.4M, 2023-12-30 $343.8M, 2024-12-28 $506.8M, 2026-01-03 $679.2M

Growth heatmap

2022202320242026CAGR
Revenue
+37.8%
+3.9%
-15.8%
+7.4%
+6.6%
Gross profit
+23.2%
+7.5%
-22.3%
+15.3%
+4.4%
Operating income
+16.3%
-7.7%
-50.7%
-41.6%
-25.4%
Free cash flow
-1.8%
-18.6%
+47.4%
+34.0%
+12.1%

Earnings quality

Operating cash flow
$1.1B+26.3% YoY
Net income
$62.8M−77.5% YoY
Free cash flow
$679.2M+34.0% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2026-01-03 1687%, 2024-12-28 301%, 2023-12-30 139%, 2022-12-31 110%, 2022-01-01 108%. Free cash flow: 2026-01-03 1082%, 2024-12-28 182%, 2023-12-30 53%, 2022-12-31 57%, 2022-01-01 66%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
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FCF / share
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Diluted shares
Latest
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Financial flexibility

Cash & equivalents
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Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
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Return on invested capital
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Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
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EV / EBITDA
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Free cash flow yield
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