Overview
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- TickerDAR on NYSE1
- IndustryFats & Oils1
- HeadquartersIrving1
- Websitewww.darlingii.com
- Legal formDelaware corporation1
- Incorporated inDE5
- Business address5601 N Macarthur Blvd, Irving, Tx 750385
- Filer categoryLarge accelerated filer5
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Fats brought in 43% of the revenue Darling Ingredients Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fats | $1.9B | $1.5B | $1.8B |
| Food Ingredients, Products and Services | $1.5B | $1.2B | $1.3B |
| Used Cooking Oil | $497.7M | $351.3M | $445.5M |
| Other Rendering | $243.5M | $293.6M | $295.7M |
| Bakery | $255.2M | $190.5M | $195.4M |
| Other Products And Services | $175.3M | $148.2M | $155.6M |
Business segments
Feed Ingredients brought in 65% of the revenue Darling Ingredients Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Feed Ingredients | $4.5B | $3.7B | $4.0B |
| Food Ingredients | $1.8B | $1.5B | $1.5B |
| Fuel Ingredients | $563.4M | $550.5M | $600.8M |
Regions
North America brought in 56% of the revenue Darling Ingredients Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| North America | $4.2B | $3.2B | $3.5B |
| Europe | $1.7B | $1.6B | $1.8B |
| South America | $534.1M | $504.5M | $570.9M |
| [Canada] | $308.6M | $266.5M | $261.4M |
| Other Geographical Areas | $88.3M | $67.3M | $61.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue76¢$4.7B
- Selling, general and admin9¢$551.2M
- Other costs14¢$850.1M
- Income tax0¢$9.4M
- Profit1¢$62.8M
Out of $6.1B in revenue.4
Where each dollar of operating cash went, fiscal 2026
- Capital spending36¢$380.5M
- Share buybacks3¢$34.7M
- Kept or used elsewhere61¢$644.6M
Out of $1.1B of cash from operations.4
Financial statements
Every line of the income statement in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total net sales | $6.1B | $5.7B | $6.8B |
| Cost of sales and operating expenses | $4.7B | $4.4B | $5.1B |
| Gain on sale of assets | -$340.0K | -$4.2M | -$7.4M |
| Selling, general and administrative expenses | $551.2M | $492.1M | $542.5M |
| Restructuring and asset impairment charges | $58.0M | $5.8M | $18.6M |
| Depreciation and amortization | $508.5M | $503.8M | $502.0M |
| Acquisition and integration costs | $15.9M | $7.8M | $13.9M |
| Change in fair value of contingent consideration | $18.0M | -$46.7M | -$7.9M |
| Total costs and expenses | $5.8B | $5.4B | $6.2B |
| Equity in net income of Diamond Green Diesel | -$48.8M | $149.1M | $366.4M |
| Operating income | $273.4M | $468.2M | $949.7M |
| Interest expense | -$222.3M | -$253.9M | -$259.2M |
| Loss on early retirement of debt | -$3.0M | $0 | $0 |
| Foreign currency gain/(loss) | -$384.0K | -$1.2M | $8.1M |
| Other income, net | $468.0K | $22.3M | $16.3M |
| Total other expense | -$225.2M | -$232.7M | -$234.8M |
| Equity in net income of other unconsolidated subsidiaries | $12.8M | $12.0M | $5.0M |
| Income before income taxes | $61.0M | $247.5M | $720.0M |
| Income tax expense/(benefit) | -$9.4M | -$38.3M | $59.6M |
| Net income | $70.4M | $285.8M | $660.4M |
| Net income attributable to noncontrolling interests | -$7.6M | -$7.0M | -$12.7M |
| Net income attributable to Darling | $62.8M | $278.9M | $647.7M |
| Basic (in dollars per share) | $0.40 | $1.75 | $4.05 |
| Diluted (in dollars per share) | $0.39 | $1.73 | $3.99 |
Every line of the balance sheet in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $88.7M | $76.0M | |
| Restricted cash | $16.7M | $37.6M | |
| Inventories | $527.7M | $576.8M | |
| Prepaid expenses | $85.2M | $81.3M | |
| Income taxes refundable | $8.3M | $35.1M | |
| Assets held for sale | $143.5M | $0 | |
| Other current assets | $40.1M | $42.1M | |
| Total current assets | $1.6B | $1.4B | |
| Property, plant and equipment, net | $2.8B | $2.7B | |
| Intangible assets, net | $845.0M | $898.4M | |
| Goodwill | $2.5B | $2.3B | $2.5B |
| Investment in unconsolidated subsidiaries | $2.2B | $2.3B | |
| Operating right-of-use assets, net | $223.7M | $210.7M | |
| Other assets | $190.2M | $199.6M | |
| Deferred income taxes | $24.5M | $22.4M | |
| Total assets | $10.3B | $10.1B | |
| Current portion of long-term debt | $75.2M | $133.0M | |
| Accounts payable, principally trade | $371.1M | $348.7M | |
| Income taxes payable | $16.0M | $9.7M | |
| Operating lease liability, current | $61.7M | $62.8M | |
| Liabilities to be disposed of | $25.1M | $0 | |
| Accrued expenses | $485.5M | $489.3M | |
| Total current liabilities | $1.0B | $1.0B | |
| Long-term debt, net of current portion | $3.9B | $3.9B | |
| Operating lease liability, non-current | $162.4M | $152.3M | |
| Other noncurrent liabilities | $189.5M | $208.3M | |
| Deferred income taxes | $240.6M | $293.0M | |
| Total liabilities | $5.5B | $5.6B | |
| Common stock, $0.01 par value; 250,000,000 shares authorized, 175,643,373 and 174,965,834 shares issued at January 3, 2026 and December 28, 2024, respectively | $1.8M | $1.8M | |
| Additional paid-in capital | $1.7B | $1.7B | |
| Treasury stock, at cost; 17,450,028 and 16,068,364 shares at January 3, 2026 and December 28, 2024, respectively | -$719.3M | -$672.7M | |
| Accumulated other comprehensive loss | -$339.2M | -$684.2M | |
| Retained earnings | $4.1B | $4.0B | |
| Total Darling's stockholders equity | $4.7B | $4.4B | |
| Noncontrolling interests | $72.6M | $86.5M | |
| Total stockholders equity | $4.8B | $4.5B | $4.7B |
| Total liabilities and stockholders' equity | $10.3B | $10.1B | |
| Accounts Receivable, Allowance for Credit Loss, Current | $15.6M | $16.2M | |
| Common stock, par value (in usd per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 250.0M shares | 250.0M shares | |
| Common stock, shares, issued (in shares) | 175.6M shares | 175.0M shares | |
| Treasury stock (in shares) | 17.5M shares | 16.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $70.4M | $285.8M | $660.4M |
| Depreciation and amortization | $508.5M | $503.8M | $502.0M |
| Deferred income taxes | -$79.1M | -$186.4M | -$22.2M |
| Gain on sale of assets | -$340.0K | -$4.2M | -$7.4M |
| Asset impairment charges | $57.8M | $0 | $4.7M |
| Change in fair value of contingent consideration | $18.0M | -$46.7M | -$7.9M |
| Gain on insurance proceeds from insurance settlement | $0 | -$19.0M | -$14.0M |
| Increase/(decrease) in long-term pension liability | $3.5M | $200.0K | -$1.0M |
| Stock-based compensation expense | $21.8M | $20.9M | $33.2M |
| Loss on early retirement of debt | $3.0M | $0 | $0 |
| Write-off deferred loan costs | $0 | $0 | $653.0K |
| Deferred loan cost amortization | $5.5M | $5.6M | $6.2M |
| Equity in net (income)/loss of Diamond Green Diesel and other unconsolidated subsidiaries | $36.0M | -$161.1M | -$371.4M |
| Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries | $371.8M | $184.9M | $168.3M |
| Accounts receivable | -$50.1M | $179.8M | -$10.8M |
| Income taxes refundable/payable | $33.4M | -$17.3M | -$39.9M |
| Inventories and prepaid expenses | $24.0M | $163.8M | $49.6M |
| Accounts payable and accrued expenses | $27.4M | -$17.9M | -$82.9M |
| Other | $8.2M | -$53.1M | $31.9M |
| Net cash provided by operating activities | $1.1B | $839.3M | $899.3M |
| Capital expenditures | -$380.5M | -$332.5M | -$555.5M |
| Acquisitions, net of cash acquired | $0 | -$116.7M | -$1.1B |
| Investment in Diamond Green Diesel | -$328.2M | -$90.0M | -$75.0M |
| Investment in other unconsolidated subsidiaries | $0 | -$27.0K | -$27.0K |
| Loan to Diamond Green Diesel | -$25.0M | -$100.0M | $0 |
| Loan repayment from Diamond Green Diesel | $25.0M | $100.0M | $25.0M |
| Gross proceeds from sale of property, plant and equipment and other assets | $12.2M | $21.3M | $10.7M |
| Proceeds from insurance settlement | $15.0M | $19.0M | $14.0M |
| Payments related to routes and other intangibles | -$12.0K | -$16.0K | -$1.5M |
| Net cash used in investing activities | -$681.4M | -$498.9M | -$1.7B |
| Proceeds from long-term debt | $1.1B | $5.9M | $817.1M |
| Payments on long-term debt | -$1.6B | -$52.2M | -$319.4M |
| Borrowings from revolving credit facility | $2.0B | $1.4B | $2.7B |
| Payments on revolving credit facility | -$1.6B | -$1.8B | -$2.2B |
| Net cash overdraft financing | -$4.1M | $41.5M | -$9.8M |
| Acquisition hold-back payments | -$39.7M | -$157.0K | -$3.8M |
| Contingent consideration payments | -$52.7M | $0 | $0 |
| Deferred loan costs | -$18.3M | $0 | -$9.0K |
| Issuance of common stock | $413.0K | $447.0K | $0 |
| Repurchase of common stock | -$34.7M | -$34.3M | -$52.9M |
| Minimum withholding taxes paid on stock awards | -$6.9M | -$8.0M | -$17.3M |
| Sale of noncontrolling interest in subsidiary | $3.2M | $0 | $0 |
| Acquisition of noncontrolling interest | -$42.1M | $0 | $0 |
| Distributions to noncontrolling interests | -$5.4M | -$10.8M | -$9.1M |
| Net cash provided/(used) in financing activities | -$376.7M | -$399.6M | $876.3M |
| Effect of exchange rate changes on cash flows | -$15.3M | $12.0M | $14.2M |
| Net increase/(decrease) in cash, cash equivalents and restricted cash | -$13.8M | -$47.1M | $114.3M |
Former names
- DARLING INTERNATIONAL INCNov 29, 1995 to Mar 31, 20145
Recent filings
- Sep 4, 20264
- Sep 2, 2026144
- Aug 18, 2026144
- Aug 18, 20264
- Aug 18, 20264
- Aug 17, 2026144
- Aug 14, 20264
- Aug 14, 2026144
- Aug 14, 20264
- Aug 12, 2026144
- Aug 10, 2026144
- Aug 10, 20264
- Aug 7, 202610-Q
- Aug 5, 20268-K
- Aug 3, 20264
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- Websitewww.darlingii.com1
- WikidataQ106221710
- SEC EDGARCIK 916540
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 3Company websiteDarling Ingredients Inc. logo
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