Darling Ingredients (DAR)

NYSE Consumer Staples Agricultural Products & Services S&P MidCap 400

$50.19

-0.51 (-1.01%)

Close of Nov 06, 2026 · end-of-day data

Source: Darling Ingredients's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Revenue	$3.39B	$3.66B	$3.39B	$3.36B	$3.57B	$4.74B	$6.53B	$6.79B	$5.72B	$6.14B
Cost of revenue	$2.64B	$2.88B	$2.65B	$2.59B	$2.69B	$3.50B	$5.00B	$5.14B	$4.44B	$4.66B
Gross profit	$756.60M	$786.57M	$741.35M	$774.82M	$883.11M	$1.24B	$1.53B	$1.65B	$1.28B	$1.47B
Selling, general & admin	$311.55M	$343.50M	$309.26M	$358.52M	$378.50M	$391.54M	$436.61M	$542.53M	$492.11M	$551.16M
Operating income	$154.73M	$169.44M	$255.00M	$475.82M	$430.94M	$884.47M	$1.03B	$949.73M	$468.22M	$273.44M
Interest expense	$94.19M	$88.93M	$86.43M	$78.67M	$72.69M	$62.08M	$125.57M	$259.22M	$253.86M	$222.28M
Pre-tax income	$122.54M	$64.20M	$117.97M	$380.43M	$353.62M	$821.40M	$893.72M	$719.96M	$247.51M	$61.03M
Income tax	$15.31M	-$69.15M	$12.03M	$59.47M	$53.29M	$164.11M	$146.63M	$59.57M	-$38.34M	-$9.36M
Net income	$102.31M	$128.47M	$101.50M	$312.60M	$296.82M	$650.91M	$737.69M	$647.73M	$278.88M	$62.80M
EBITDA	$444.64M	$471.55M	$576.19M	$801.33M	$781.11M	$1.20B	$1.42B	$1.45B	$972.04M	$781.94M
EPS (basic)	$0.62	$0.78	$0.62	$1.90	$1.83	$4.01	$4.58	$4.05	$1.75	$0.40
EPS (diluted)	$0.62	$0.77	$0.60	$1.86	$1.78	$3.90	$4.49	$3.99	$1.73	$0.39
Diluted shares	165.21M	166.73M	167.91M	168.38M	167.21M	167.10M	164.12M	162.39M	161.42M	160.16M
Gross margin	22.3%	21.5%	21.9%	23.0%	24.7%	26.2%	23.4%	24.2%	22.4%	24.0%
Operating margin	4.6%	4.6%	7.5%	14.1%	12.1%	18.7%	15.8%	14.0%	8.2%	4.5%
Net margin	3.0%	3.5%	3.0%	9.3%	8.3%	13.7%	11.3%	9.5%	4.9%	1.0%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Cash & equivalents	$114.56M	$106.77M	$107.26M	$72.94M	$81.62M	$68.91M	$127.02M	$126.50M	$75.97M	$88.67M
Receivables	$388.40M	$391.85M	$385.74M	$406.34M	$405.39M	$469.09M	$676.57M	—	—	—
Inventory	$330.81M	$358.18M	$341.03M	$362.96M	$405.92M	$457.46M	$673.62M	$758.74M	$576.84M	$527.74M
Total current assets	$893.30M	$956.45M	$897.94M	$917.29M	$986.99M	$1.09B	$1.64B	$1.86B	$1.44B	$1.55B
Goodwill	$1.23B	$1.30B	$1.23B	$1.22B	$1.26B	$1.22B	$1.97B	$2.48B	$2.32B	$2.46B
Total assets	$4.70B	$4.96B	$4.89B	$5.35B	$5.61B	$6.13B	$9.20B	$11.06B	$10.07B	$10.30B
Total current liabilities	$451.85M	$559.48M	$540.50M	$688.34M	$675.30M	$752.68M	$1.07B	$998.14M	$1.04B	$1.03B
Short-term debt	$23.25M	$16.14M	$7.49M	$91.00M	$27.54M	$24.41M	$69.85M	$60.70M	$133.02M	$75.22M
Long-term debt	$1.73B	$1.70B	$1.67B	$1.56B	$1.48B	$1.44B	$3.31B	$4.37B	$3.91B	$3.86B
Total debt	$1.75B	$1.71B	$1.67B	$1.65B	$1.51B	$1.46B	$3.38B	$4.43B	$4.04B	$3.94B
Total liabilities	$2.62B	$2.63B	$2.55B	$2.70B	$2.66B	$2.79B	$5.31B	$6.37B	$5.61B	$5.49B
Shareholders' equity	$1.97B	$2.24B	$2.27B	$2.57B	$2.89B	$3.28B	$3.81B	$4.61B	$4.38B	$4.74B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Operating cash flow	$391.00M	$410.44M	$398.62M	$362.62M	$624.65M	$704.42M	$813.74M	$899.26M	$839.29M	$1.06B
Capital expenditures	$243.52M	$274.17M	$321.90M	$359.50M	$280.12M	$274.13M	$391.31M	$555.48M	$332.46M	$380.48M
Free cash flow	$147.47M	$136.27M	$76.72M	$3.12M	$344.54M	$430.29M	$422.43M	$343.78M	$506.82M	$679.24M
Investing cash flow	-$243.19M	-$284.05M	-$342.42M	-$338.07M	-$310.63M	-$490.26M	-$2.42B	-$1.68B	-$498.90M	-$681.45M
Financing cash flow	-$183.87M	-$154.85M	-$47.58M	-$54.88M	-$306.99M	-$221.36M	$1.68B	$876.29M	-$399.56M	-$376.73M
Share buybacks	$5.00M	$0	$0	$19.26M	$55.04M	$167.71M	$125.53M	$52.94M	$34.27M	$34.67M
Stock-based compensation	$10.33M	$17.60M	$18.78M	$21.01M	$23.22M	$21.84M	$25.00M	$33.16M	$20.92M	$21.80M
Depreciation & amortization	$289.91M	$302.10M	$321.19M	$325.51M	$350.18M	$316.39M	$394.72M	$502.01M	$503.82M	$508.50M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	$1.63B	$1.61B	$1.42B	$1.46B	$1.42B	$1.42B	$1.38B	$1.48B	$1.56B	$1.71B	$1.55B	$1.72B
Cost of revenue	$1.24B	$1.18B	$1.12B	$1.13B	$1.11B	$1.08B	$1.07B	$1.14B	$1.18B	$1.28B	$1.15B	$1.22B
Gross profit	$386.47M	$436.43M	$303.63M	$326.87M	$313.57M	$333.76M	$311.35M	$345.92M	$387.01M	$429.18M	$404.92M	$503.37M
Selling, general & admin	$137.70M	$132.62M	$139.14M	$129.73M	$115.72M	$107.51M	$121.56M	$138.07M	$139.59M	$151.94M	$149.07M	$150.95M
Operating income	$178.37M	$158.83M	$137.17M	$148.50M	$60.11M	$122.44M	$28.40M	$75.87M	$71.73M	$97.45M	$226.77M	$555.24M
Interest expense	—	—	$62.88M	$69.22M	$66.85M	$54.91M	$57.97M	$51.87M	$56.92M	$55.51M	$54.12M	$55.53M
Pre-tax income	$112.72M	$94.50M	$85.50M	$82.14M	$1.64M	$78.23M	-$24.97M	$18.33M	$19.81M	$47.86M	$175.68M	$499.91M
Income tax	-$15.36M	$7.25M	$3.91M	$774.00K	-$17.47M	-$25.55M	-$1.15M	$4.07M	-$1.25M	-$11.02M	$38.63M	$110.64M
Net income	$125.03M	$84.52M	$81.16M	$78.87M	$16.95M	$101.91M	-$26.16M	$12.66M	$19.36M	$56.94M	$134.31M	$387.31M
EBITDA	$304.36M	$296.76M	$264.68M	$273.11M	$183.66M	$250.60M	$152.24M	$196.93M	$195.79M	$236.99M	$357.68M	$685.42M
EPS (basic)	$0.78	$0.53	$0.51	$0.49	$0.11	$0.64	$-0.16	$0.08	$0.12	$0.36	$0.85	$2.44
EPS (diluted)	$0.77	$0.52	$0.50	$0.49	$0.11	$0.63	$-0.16	$0.08	$0.12	$0.35	$0.83	$2.41
Diluted shares	162.43M	-150.00K	161.91M	161.71M	160.99M	-116.00K	158.68M	159.73M	159.95M	90.00K	161.03M	160.63M
Gross margin	23.8%	27.0%	21.4%	22.5%	22.1%	23.5%	22.6%	23.3%	24.7%	25.1%	26.1%	29.2%
Operating margin	11.0%	9.8%	9.7%	10.2%	4.2%	8.6%	2.1%	5.1%	4.6%	5.7%	14.6%	32.2%
Net margin	7.7%	5.2%	5.7%	5.4%	1.2%	7.2%	-1.9%	0.9%	1.2%	3.3%	8.7%	22.5%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Cash & equivalents	$118.98M	$126.50M	$145.47M	$121.59M	$114.78M	$75.97M	$81.47M	$94.58M	$91.49M	$88.67M	$116.02M	$160.74M
Receivables	$735.58M	—	—	—	—	—	—	—	—	—	—	—
Inventory	$822.76M	$758.74M	$687.49M	$627.69M	$617.85M	$576.84M	$595.41M	$605.33M	$622.32M	$527.74M	$577.57M	$605.36M
Total current assets	$1.84B	$1.86B	$1.62B	$1.51B	$1.50B	$1.44B	$1.45B	$1.50B	$1.50B	$1.55B	$1.65B	$1.76B
Goodwill	$2.45B	$2.48B	$2.50B	$2.42B	$2.46B	$2.32B	$2.39B	$2.48B	$2.50B	$2.46B	$2.49B	$2.55B
Total assets	$10.81B	$11.06B	$10.94B	$10.62B	$10.57B	$10.07B	$10.03B	$10.27B	$10.45B	$10.30B	$10.64B	$10.98B
Total current liabilities	$1.03B	$998.14M	$967.29M	$963.06M	$1.06B	$1.04B	$1.04B	$996.70M	$1.01B	$1.03B	$1.04B	$1.12B
Short-term debt	$73.86M	$60.70M	$103.08M	$92.26M	$114.33M	$133.02M	$116.63M	$51.64M	$76.91M	$75.22M	$75.10M	$96.76M
Long-term debt	$4.34B	$4.37B	$4.36B	$4.32B	$4.13B	$3.91B	$3.80B	$3.93B	$4.03B	$3.86B	$4.05B	$3.85B
Total debt	$4.41B	$4.43B	$4.47B	$4.41B	$4.25B	$4.04B	$3.92B	$3.98B	$4.10B	$3.94B	$4.13B	$3.95B
Total liabilities	$6.34B	$6.37B	$6.26B	$6.08B	$5.94B	$5.61B	$5.50B	$5.58B	$5.68B	$5.49B	$5.70B	$5.68B
Shareholders' equity	$4.38B	$4.61B	$4.59B	$4.46B	$4.55B	$4.38B	$4.45B	$4.61B	$4.69B	$4.74B	$4.88B	$5.25B

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Operating cash flow	$276.59M	$216.97M	$263.91M	$146.52M	$274.47M	$154.40M	$248.96M	$145.81M	$224.34M	$440.61M	$152.96M	$533.50M
Free cash flow	$276.59M	$216.97M	$263.91M	$146.52M	$274.47M	$154.40M	$248.96M	$145.81M	$224.34M	$440.61M	$152.96M	$533.50M
Investing cash flow	-$158.27M	-$168.82M	-$290.96M	-$96.69M	-$64.94M	-$46.30M	-$50.66M	-$108.71M	-$287.47M	-$234.60M	-$288.73M	-$234.88M
Financing cash flow	-$117.93M	-$25.86M	$48.77M	-$80.98M	-$201.03M	-$166.31M	-$185.23M	-$30.54M	$47.20M	-$208.16M	$183.05M	-$262.00M
Share buybacks	$0	$0	$0	$29.19M	$0	$5.08M	$34.67M	$0	$0	$0	$0	$73.40M
Stock-based compensation	$8.96M	$6.11M	$12.84M	$10.75M	$1.19M	-$3.87M	-$2.93M	$4.58M	$8.27M	$11.88M	$7.95M	$8.56M
Depreciation & amortization	$125.99M	$137.93M	$127.51M	$124.61M	$123.55M	$128.16M	$123.83M	$121.06M	$124.06M	$139.54M	$130.91M	$130.18M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.