Founded by the Swift meat packing interests and the Darling family in 1882, Darling Ingredients Inc. (“Darling”, and together with its subsidiaries, the “Company” or “we,” “us” or “our”) was incorporated in Delaware in 1962 under the name “Darling-Delaware Company, Inc.” Darling changed its name from “Darling-Delaware Company, Inc.” to “Darling International Inc.” on December 28, 1993, and from “Darling International Inc.” to “Darling Ingredients Inc.” on May 6, 2014. The address of Darling's principal executive office is 5601 N MacArthur Boulevard, Irving, Texas, 75038, and its telephone number at this address is (972) 717-0300. We are a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, animal feed, industrial, fuel, bioenergy and fertilizer industries.
| Metric | TTM | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 6.1B | 6.1B | 5.7B | 6.8B | 6.5B | 3.6B |
| Net Income | 63M | 63M | 279M | 648M | 738M | 297M |
| EPS | $0.39 | $0.39 | $1.73 | $3.99 | $4.49 | $1.78 |
| Free Cash Flow | 679M | 679M | 507M | 344M | 422M | 345M |
| ROIC | - | - | 5.4% | 10.8% | 14.4% | 11.8% |
| Gross Margin | 24.0% | 24.0% | 22.4% | 24.2% | 23.4% | 24.7% |
| Debt/Equity | 0.00 | - | 0.97 | 1.01 | 0.94 | 0.45 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 273M | 273M | 468M | 950M | 1.0B | 884M |
| Operating Margin | 4.5% | 4.5% | 8.2% | 14.0% | 15.8% | 24.8% |
| ROE | 0.0% | - | 6.2% | 15.4% | 20.8% | 9.6% |
| Shares Outstanding | 161M | 161M | 161M | 162M | 164M | 167M |
DARLING INGREDIENTS INC. passes 1 of 9 quality checks, indicating weak fundamentals.
DARLING INGREDIENTS INC. trades at 35.5x trailing earnings, compared to its 15-year median P/E of 15.5x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 19.5x vs a median of 19.5x. The company's 5-year average ROIC is 10.6% with a gross margin of 23.7%. Total shareholder yield (buybacks) is 0.4%. At current prices, the estimated annualized return to fair value is +47.1%.
DARLING INGREDIENTS INC. (DAR) has a current P/E ratio of 35.5, compared to its historical median P/E of 15.5. The stock is currently considered Expensive based on its historical valuation range.
DARLING INGREDIENTS INC. (DAR) has a 5-year average return on invested capital (ROIC) of 10.6%. This indicates solid capital allocation.
DARLING INGREDIENTS INC. (DAR) has a market capitalization of $9.9B. It is classified as a mid-cap stock.
DARLING INGREDIENTS INC. (DAR) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.35%.
Based on historical P/E analysis, DARLING INGREDIENTS INC. (DAR) appears expensive. The current P/E of 35.5 is 129% above its historical median of 15.5. The estimated fair value CAGR (P/E method) is -1.2%.
DARLING INGREDIENTS INC. (DAR) operates in the Fats & Oils industry, within the Consumer Defensive sector.
DARLING INGREDIENTS INC. (DAR) reported annual revenue of $6.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
DARLING INGREDIENTS INC. (DAR) has a net profit margin of 1.0%. This is a modest margin.
DARLING INGREDIENTS INC. (DAR) generated $679 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
DARLING INGREDIENTS INC. (DAR) reported earnings per share (EPS) of $0.39 in its most recent fiscal year.
DARLING INGREDIENTS INC. (DAR) has a 5-year average gross margin of 23.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for DARLING INGREDIENTS INC. (DAR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.