Darling Ingredients Inc. logo DAR - Darling Ingredients Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 20
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $65.33 DETAILS
HIGH: $75.00
LOW: $57.00
MEDIAN: $64.50
CONSENSUS: $65.33
UPSIDE: 11.48%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue
Revenue 6,140.1 5,715.2 6,788.1 6,532.2 4,741.4 3,571.9 3,363.9 3,387.7 3,662.3 3,398.1 3,391.3 3,956.4 1,802.3 1,701.4 1,797.2 724.9 597.8 807.5 645.3 407.0 308.9 320.2 324.4 262.2 256.0 242.8 258.6 337 498.4 488.9 421.6 354.3
Cost of Revenue 5,170.7 4,437.3 5,143.1 5,002.6 3,499.4 2,688.8 2,589.1 2,647.1 2,875.9 2,641.7 2,654.0 3,123.2 1,339.8 1,303.7 1,268.2 531.7 440.1 639.1 483.5 321.4 241.7 237.9 246.1 194.6 196.8 190.3 212.3 283.8 404.2 395 336.2 282.9
Gross Profit 969.5 1,277.8 1,645.0 1,529.6 1,242.0 883.1 774.8 740.6 786.4 756.4 737.2 833.3 462.4 397.7 529.0 193.2 157.7 168.4 161.9 85.6 67.2 82.3 78.4 67.7 59.2 52.5 46.3 53.2 94.2 93.9 85.4 71.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 573.7 492.1 549.6 436.6 391.5 378.5 358.5 309.3 347.9 318.6 316.4 374.6 170.8 151.7 136.1 68.0 61.5 59.8 58.0 45.6 35.2 36.5 35.8 30.2 28.3 26.5 26.8 33.1 33.2 31.5 26.7 25.7
Other Expenses 0 317.5 145.7 63.9 (34.0) 73.7 (59.5) 177.1 269.2 283.3 278.2 294.2 122.1 85.4 78.9 31.9 25.7 40.3 23.2 20.7 15.8 15.2 15.1 16.4 26.6 31.2 31.5 32.4 33.7 27.6 22.6 19.9
Operating Expenses 573.7 809.6 695.3 500.5 357.5 452.2 299.0 486.4 617.1 601.9 594.6 668.8 292.9 237.1 215.0 100.0 86.8 100.1 81.2 66.3 51.0 51.7 51.1 46.7 55.2 57.9 58.3 65.5 72.3 66.4 49.3 45.6
Operating Income
Operating Income 395.8 468.2 949.7 1,029.1 884.5 430.9 475.8 255.0 169.4 154.7 142.6 164.5 169.6 231.7 314.0 82.5 71.3 92.7 81.8 19.2 16.1 30.6 27.2 20.8 4.7 (1.7) (12) (12.3) 18.3 34 36.1 25.8
Interest Expense 223.2 253.9 259.2 125.6 62.1 72.7 78.7 86.4 88.9 94.2 105.5 135.4 38.1 24.1 37.2 8.7 3.1 3.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 904.3 1,005.2 1,481.2 1,414.0 1,199.9 776.5 784.6 430.2 455.2 438.0 420.8 486.4 291.6 316.2 387.2 109.4 95.2 117.4 103.3 39.9 32.8 45.5 42.3 37.3 29.6 25.2 20.9 20.1 48.1 60.4 58.7 45.7
EBIT 395.8 501.4 979.2 1,019.3 883.5 426.3 459.1 204.4 153.1 216.7 150.9 216.9 192.8 230.8 309.5 79.1 70.0 92.9 80.6 19.2 17.0 30.6 27.2 20.8 4.7 (1.7) (12) (12.3) 18.3 34 36.1 25.8
Income Before Tax 61.0 247.5 720.0 893.7 821.4 353.6 380.4 118.0 64.2 122.5 98.8 81.5 163.7 206.8 272.3 70.3 66.9 89.9 75.0 7.4 10.9 23.5 28.7 16.4 (11.1) (15.9) (25.7) (26.1) 6.6 15.4 23.1 10.8
Income Tax Expense (9.4) (38.3) 59.6 146.6 164.1 53.3 59.5 12.0 (69.2) 15.3 13.5 13.1 54.7 76.0 102.9 26.1 25.1 35.4 29.5 2.3 3.2 9.2 10.6 7.2 0 0 (10) (9.3) 2.3 7.5 8.7 3.4
Net Income 62.8 278.9 647.7 737.7 650.9 296.8 312.6 101.5 128.5 102.3 78.5 64.2 109.0 130.8 169.4 44.2 41.8 54.6 45.5 5.1 7.7 14.3 18.2 9.0 (11.8) (19.2) (16) (32.1) 5.4 7.7 14.4 7.4
Per Share Data
EPS (Basic) 0.40 1.75 4.05 4.58 4.01 1.83 1.90 0.62 0.78 0.62 0.48 0.39 0.91 1.11 1.47 0.53 0.51 0.67 0.56 0.07 0.12 0.22 0.29 0.14 -0.76 -1.23 -1.03 -2.06 0.35 0.50 0.95 0.49
EPS (Diluted) 0.39 1.73 3.99 4.49 3.90 1.78 1.86 0.60 0.77 0.62 0.48 0.39 0.91 1.11 1.47 0.53 0.51 0.66 0.56 0.07 0.12 0.22 0.29 0.18 -0.76 -1.23 -1.03 -2.06 0.33 0.46 0.90 0.49
Shares Outstanding 158.5 159.8 162.3 161 166.9 162.2 164.6 163.7 164.7 165.0 165.1 164.6 119.5 117.6 114.9 82.9 82.1 81.7 80.8 74.3 63.9 63.8 59.6 62.3 15.6 15.6 15.5 15.6 15.4 15.4 15.2 15.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Current Assets
Cash & Cash Equivalents 88.7 76.0 126.5 127.0 68.9 81.6 72.9 107.3 106.8 114.6 68.2 50.8 39.6 25.4 15.5 3.7 3.5 1.8 12.3 3 13 11.6 5.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 651.5 625.6 821.9 695.2 470.2 409.3 409.7 392.2 396.4 395.9 46.2 51.7 26.7 29.4 24.1 23.7 21.8 17 16.6 29.2 36 30.2 26.8
Inventory 0 576.8 758.7 673.6 457.5 405.9 363.0 341.0 358.2 330.8 19.1 22.2 6 7.8 7.0 7.7 8.3 9.6 11.7 13.9 12.6 11.6 13.7
Other Current Assets 813.2 79.7 42.9 56.6 38.8 42.4 25.1 22.2 56.8 22.1 13.6 13.8 4.9 5.1 4.7 2.4 12.2 8.7 8.6 7.8 8.1 10.7 8.5
Total Current Assets 1,553.4 1,439.4 1,855.7 1,638.1 1,089.0 987.0 917.3 897.9 956.4 893.3 146.4 138.5 81.0 72.2 56.3 41.9 45.9 37.1 49.2 57.2 69.7 64.1 54.1
Non-Current Assets
Property, Plant & Equipment 2,796.1 2,924.4 3,140.7 2,648.2 1,995.5 2,010.4 1,927.1 1,687.9 1,645.8 1,515.6 152.0 143.3 75.4 73.3 73.0 74.7 88.2 113.8 140.1 156.6 175.8 155.1 145.7
Goodwill 2,459.0 2,322.6 2,484.5 1,970.4 1,219.1 1,260.2 1,223.3 1,229.2 1,301.1 1,225.9 79.1 61.1 0 0 0 4.4 0 0 0 0 0 0 0
Intangible Assets 845.0 898.4 1,075.9 865.1 397.8 473.7 526.4 595.9 676.5 711.9 40.3 36.0 4.4 4.4 27.5 27.4 4.6 4.8 48.4 53.9 79.8 42.9 42.8
Long-Term Investments 2,332.1 2,263.7 2,251.6 1,926.4 1,349.2 804.7 689.4 410.2 302.0 292.7 0 0 0 0 0 1.5 1.6 3 2.4 3 0 0 0
Other Non-Current Assets 313.1 199.6 235.0 136.3 66.8 60.7 47.4 53.4 62.3 43.6 8.4 6.6 22.0 24.8 6.1 7.1 31.3 35.1 9.5 42.3 4.3 4 2.9
Total Non-Current Assets 8,745.4 8,631.0 9,205.4 7,564.3 5,044.7 4,626.3 4,428.0 3,991.4 4,001.8 3,804.7 279.8 255.9 101.8 102.5 106.6 117.2 128.6 160.7 214 255.8 259.9 202 191.4
Total Assets 10,298.8 10,070.5 11,061.1 9,202.4 6,133.7 5,613.3 5,345.3 4,889.4 4,958.2 4,698.0 426.2 394.4 182.8 174.6 162.9 159.1 174.5 197.8 263.2 313 329.6 266.1 245.5
Current Liabilities
Account Payables 371.1 348.7 425.6 472.5 307.1 255.3 239.3 219.5 217.4 180.9 18.7 16.2 8.1 9.1 9.9 11.1 14.3 11.1 15.5 18 27.7 17.4 19.6
Short-Term Debt 137.0 133.0 56.4 69.8 24.4 27.5 91.0 7.5 16.1 23.2 5.0 5 5.0 7.5 8.4 120.1 109.5 7.8 7.7 5.1 15.6 9.1 11.6
Deferred Revenue 0 0 0 0 0 14.4 86.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 340.3 139.0 284.6 0 227.5 17.5 87.6 186.3 33.8 140.3 0 0 0 0.3 0 0 28.8 23.5 22.9 30.7 34.4 24.7 25.9
Total Current Liabilities 1,034.6 1,043.5 998.1 1,068.4 752.7 675.3 688.3 540.5 559.5 451.9 71.3 71.0 41.4 41.0 47.2 158.6 152.7 42.4 46.1 53.8 77.7 51.2 57.1
Non-Current Liabilities
Long-Term Debt 3,858.5 3,909.0 4,366.4 3,315.0 1,439.0 1,480.5 1,558.4 1,666.9 1,698.0 1,727.7 27.5 32.5 49.5 48.2 60.1 0 0 110.2 140.6 142.2 138.2 117.1 109.1
Deferred Tax Liabilities 240.6 293.0 498.2 481.8 362.9 276.2 247.9 231.1 266.7 346.1 6.3 0 4.5 4.9 3.7 2.0 2.9 4 13.6 25.8 29.3 27.7 21.9
Other Non-Current Liabilities 189.5 208.3 349.8 298.9 111.0 117.4 115.8 115.0 106.3 96.1 36.1 54.3 20.2 25.3 7.5 8.1 16.2 19.3 25 21.4 20.4 15.3 17.9
Total Non-Current Liabilities 4,454.6 4,562.7 5,369.3 4,237.4 2,033.3 1,983.8 2,013.6 2,013.0 2,071.0 2,169.9 70.0 86.8 74.2 78.4 79.8 10.1 19.1 133.5 179.2 189.4 187.9 160.1 148.9
Total Liabilities 5,489.3 5,606.2 6,367.4 5,305.9 2,785.9 2,659.1 2,701.9 2,553.5 2,630.5 2,621.8 141.3 157.8 115.6 119.4 127.0 168.7 171.8 175.9 225.3 243.2 265.6 211.3 206
Stockholders' Equity
Common Stock 1.8 1.8 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 0.8 0.8 0.6 0.6 0.6 0.2 0.2 0.2 0.2 0.2 0.1 0 0
Retained Earnings 4,074.9 4,012.1 3,733.3 3,085.5 2,347.8 1,696.9 1,400.1 1,087.5 981.2 852.8 154.3 112.6 (3.3) (17.2) (35.4) (44.3) (32.5) (13.3) 2.7 34.8 29.4 21.7 7.4
Accumulated Other Comprehensive Income (339.2) (684.2) (198.3) (383.9) (321.7) (252.4) (321.8) (304.5) (209.5) (340.0) (23.8) (29.9) (7.3) (5.2) (3.9) (0.5) 0 0 0 0 (56) (34.2) (15.9)
Total Stockholders' Equity 4,736.9 4,377.8 4,605.4 3,809.0 3,281.0 2,891.9 2,565.8 2,273.0 2,244.9 1,973.0 284.9 236.6 67.2 55.3 35.9 (9.7) 2.7 21.9 37.9 69.8 64 54.8 39.5
Total Liabilities & Equity 10,298.8 10,070.5 11,061.1 9,202.4 6,133.7 5,613.3 5,345.3 4,889.4 4,958.2 4,698.0 426.2 394.4 182.8 174.6 162.9 159.1 174.5 197.8 263.2 313 329.6 266.1 245.5
Debt Metrics
Total Debt 4,161.6 4,257.1 4,637.3 3,575.8 1,621.9 1,657.2 1,778.7 1,674.4 1,714.2 1,750.9 32.5 37.5 54.6 55.7 68.4 120.1 109.5 118 148.3 147.3 153.8 126.2 120.7
Net Debt 4,072.9 4,181.1 4,510.8 3,448.7 1,553.0 1,575.6 1,705.7 1,567.2 1,607.4 1,636.4 (35.6) (13.3) 14.9 30.3 52.9 116.4 106.0 116.2 136 144.3 140.8 114.6 115.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Operating Activities
Net Income 62.8 285.8 660.4 747.1 657.3 300.3 321.0 105.9 133.4 107.2 7.7 13.9 18.2 9.3 (11.1) (15.9) (16) (32.1) 5.4 7.7 14.4 7.4
Depreciation & Amortization 508.5 503.8 502.0 394.7 316.4 350.2 325.5 321.2 302.1 289.9 16.4 15.2 15.1 16.4 24.9 26.9 32.9 32.4 29.8 26.4 22.6 19.9
Stock-Based Compensation 21.8 20.9 33.2 25.0 21.8 23.2 21.0 18.8 17.6 10.3 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 42.9 255.3 (52.2) (141.0) (34.7) 6.0 (26.2) 13.2 46.8 26.5 2.0 5.4 (5.2) 6.8 (7.2) 3.4 (4.5) 16.7 (7.4) 12.1 (4.1) 0
Other Non-Cash Items 502.8 (40.2) (221.9) (258.8) (353.2) (70.9) (299.1) (43.5) 9.4 (31.4) 2.4 2.8 (2.0) (0.7) (1) 1.9 (1.7) 17.8 1.7 (0.4) (5) 4
Operating Cash Flow 1,059.7 839.3 899.3 813.7 704.4 624.7 362.6 398.6 410.4 391.0 24.6 38.1 27.8 34.0 5.6 16.2 0.8 25.5 27.9 45.7 34.2 32.6
Investing Activities
Capital Expenditure (380.5) (332.5) (557.0) (392.8) (274.4) (283.9) (363.1) (325.8) (281.3) (243.5) (21.4) (13.3) (11.6) (13.4) (8.8) (7.3) (9.9) (15) (24.5) (26.4) (24.6) (17.8)
Acquisitions (26.6) (206.7) (1,168.2) (2,037.2) (195.5) (29.8) (3.4) (120.0) (16.9) (8.5) 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (328.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 3.7 82.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 15.0 40.3 49.8 13.4 (20.4) 3.1 24.8 20.6 14.1 8.9 0.8 0.2 (0.4) 5.4 (0.4) 3.4 31.7 1.8 (2.9) (44.5) (3.4) (1)
Investing Cash Flow (720.3) (498.9) (1,675.5) (2,416.5) (490.3) (310.6) (338.1) (342.4) (284.1) (243.2) (20.6) (13.2) (11.9) (8.1) (9.3) (3.9) 21.8 (13.2) (27.4) (70.9) (28) (18.8)
Financing Activities
Net Debt Issuance (199.0) (346.8) 959.4 1,872.4 3.0 (220.8) (17.6) (25.6) (122.4) (171.8) (5.2) 0.8 (6.5) (10.8) 10.5 (8.5) (30.3) (2.4) (7.6) 25.3 0.4 (14)
Stock Repurchased (34.7) (34.3) (52.9) (125.5) (167.7) (55.0) (19.3) 0 0 (5) 0 (10) 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 (1.2) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (104.6) (18.9) (30.2) (68.3) (56.7) (31.2) (18.0) (22.1) (32.5) (7.3) (0.0) (2.2) (2.0) (3.4) (6.7) (2.2) (2.8) (0.6) (2.5) (0.1) (0.8) 0
Financing Cash Flow (337.9) (399.6) 876.3 1,678.6 (221.4) (307.0) (54.9) (47.6) (154.9) (183.9) (5.2) (12.5) (6.5) (14.2) 3.8 (10.7) (33.1) (2.9) (9.8) 25.8 0.4 (14)
Cash Position
Net Change in Cash (8.2) (47.1) 114.3 81.1 (12.6) 8.7 (34.3) 0.5 (7.9) (42.4) (1.2) 12.4 9.4 11.8 0.2 1.7 (10.5) 9.4 (9.3) (11.6) (5.1) (5.3)
Cash at Beginning 113.6 264.4 150.2 69.1 81.7 73.0 107.4 106.9 114.9 157.2 37.2 24.8 15.4 3.7 3.5 1.8 12.3 2.9 12.2 11.6 5.1 5.3
Cash at End 105.4 217.3 264.4 150.2 69.1 81.7 73.0 107.4 106.9 114.9 36 37.2 24.8 15.4 3.7 3.5 1.8 12.3 2.9 0 0 0
Free Cash Flow 679.2 506.8 342.3 420.9 430.0 340.7 (0.5) 72.8 129.1 147.5 3.2 24.8 16.2 20.6 (3.2) 9.0 (9.1) 10.5 3.4 19.3 9.6 14.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Income Statement
Revenue 6,140.1 5,715.2 6,788.1 6,532.2 4,741.4 3,571.9 3,363.9 3,387.7 3,662.3 3,398.1 3,391.3 3,956.4 1,802.3 1,701.4 1,797.2 724.9 597.8 807.5 645.3 407.0 308.9 320.2 324.4 262.2 256.0 242.8 258.6 337 498.4 488.9 421.6 354.3
Gross Profit 969.5 1,277.8 1,645.0 1,529.6 1,242.0 883.1 774.8 740.6 786.4 756.4 737.2 833.3 462.4 397.7 529.0 193.2 157.7 168.4 161.9 85.6 67.2 82.3 78.4 67.7 59.2 52.5 46.3 53.2 94.2 93.9 85.4 71.4
Operating Income 395.8 468.2 949.7 1,029.1 884.5 430.9 475.8 255.0 169.4 154.7 142.6 164.5 169.6 231.7 314.0 82.5 71.3 92.7 81.8 19.2 16.1 30.6 27.2 20.8 4.7 (1.7) (12) (12.3) 18.3 34 36.1 25.8
Net Income 62.8 278.9 647.7 737.7 650.9 296.8 312.6 101.5 128.5 102.3 78.5 64.2 109.0 130.8 169.4 44.2 41.8 54.6 45.5 5.1 7.7 14.3 18.2 9.0 (11.8) (19.2) (16) (32.1) 5.4 7.7 14.4 7.4
EPS (Diluted) 0.39 1.73 3.99 4.49 3.90 1.78 1.86 0.60 0.77 0.62 0.48 0.39 0.91 1.11 1.47 0.53 0.51 0.66 0.56 0.07 0.12 0.22 0.29 0.18 -0.76 -1.23 -1.03 -2.06 0.33 0.46 0.90 0.49
Balance Sheet
Cash & Equivalents 88.7 76.0 126.5 127.0 68.9 81.6 72.9 107.3 106.8 114.6 68.2 50.8 39.6 25.4 15.5 3.7 3.5 1.8 12.3 3 13 11.6 5.1
Total Assets 10,298.8 10,070.5 11,061.1 9,202.4 6,133.7 5,613.3 5,345.3 4,889.4 4,958.2 4,698.0 426.2 394.4 182.8 174.6 162.9 159.1 174.5 197.8 263.2 313 329.6 266.1 245.5
Total Debt 4,161.6 4,257.1 4,637.3 3,575.8 1,621.9 1,657.2 1,778.7 1,674.4 1,714.2 1,750.9 32.5 37.5 54.6 55.7 68.4 120.1 109.5 118 148.3 147.3 153.8 126.2 120.7
Stockholders' Equity 4,736.9 4,377.8 4,605.4 3,809.0 3,281.0 2,891.9 2,565.8 2,273.0 2,244.9 1,973.0 284.9 236.6 67.2 55.3 35.9 (9.7) 2.7 21.9 37.9 69.8 64 54.8 39.5
Cash Flow
Operating Cash Flow 1,059.7 839.3 899.3 813.7 704.4 624.7 362.6 398.6 410.4 391.0 24.6 38.1 27.8 34.0 5.6 16.2 0.8 25.5 27.9 45.7 34.2 32.6
Capital Expenditure (380.5) (332.5) (557.0) (392.8) (274.4) (283.9) (363.1) (325.8) (281.3) (243.5) (21.4) (13.3) (11.6) (13.4) (8.8) (7.3) (9.9) (15) (24.5) (26.4) (24.6) (17.8)
Free Cash Flow 679.2 506.8 342.3 420.9 430.0 340.7 (0.5) 72.8 129.1 147.5 3.2 24.8 16.2 20.6 (3.2) 9.0 (9.1) 10.5 3.4 19.3 9.6 14.8