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DAR Stock Analysis - DARLING INGREDIENTS INC. AI Rating

DAR NYSE Fats & Oils DE CIK: 0000916540
Recently Updated • Analysis: Mar 23, 2026 • SEC Data: 2026-01-03
AI Rating
HOLD
62% Confidence

📊 DAR Key Takeaways

Revenue: $6.1B
Net Margin: 1.0%
Free Cash Flow: $679.2M
Current Ratio: 1.50x
Debt/Equity: 0.82x
EPS: $0.39
AI Rating: HOLD with 62% confidence

Investment Thesis

Darling Ingredients demonstrates solid revenue growth (+7.4% YoY) and strong free cash flow generation ($679.2M), but profitability metrics are concerning with net income flat YoY, diluted EPS down 77.5%, and minimal net margins of 1.0%. The company's weak interest coverage (1.1x) and high debt load ($3.9B) relative to equity present financial stress that limits financial flexibility.

DAR Strengths

  • + Strong revenue growth of 7.4% YoY reaching $6.1B demonstrates market demand resilience
  • + Robust free cash flow of $679.2M (11.1% FCF margin) provides substantial cash generation for operations and debt service
  • + Reasonable current ratio of 1.50x and moderate debt-to-equity of 0.82x suggest adequate near-term liquidity position

DAR Risks

  • ! Severe profitability compression with net income flat YoY and diluted EPS collapsing 77.5%, indicating margin deterioration despite revenue gains
  • ! Dangerously low interest coverage ratio of 1.1x leaves minimal cushion for debt obligations if operating performance declines
  • ! Minimal net profit margin of 1.0% suggests the business is highly commoditized with limited pricing power; gross margin of 24% faces pressure from input costs

Key Metrics to Watch

DAR Financial Metrics

Revenue
$6.1B
Net Income
$62.8M
EPS (Diluted)
$0.39
Free Cash Flow
$679.2M
Total Assets
$10.3B
Cash Position
$88.7M

💡 AI Analyst Insight

DARLING INGREDIENTS INC. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

DAR Profitability Ratios

Gross Margin 24.0%
Operating Margin 4.5%
Net Margin 1.0%
ROE 1.3%
ROA 0.6%
FCF Margin 11.1%

DAR vs Energy Sector

How DARLING INGREDIENTS INC. compares to Energy sector averages

Net Margin
DAR 1.0%
vs
Sector Avg 12.0%
DAR Sector
ROE
DAR 1.3%
vs
Sector Avg 14.0%
DAR Sector
Current Ratio
DAR 1.5x
vs
Sector Avg 1.3x
DAR Sector
Debt/Equity
DAR 0.8x
vs
Sector Avg 0.6x
DAR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

DAR Balance Sheet & Liquidity

Current Ratio
1.50x
Quick Ratio
0.99x
Debt/Equity
0.82x
Debt/Assets
53.3%
Interest Coverage
1.05x
Long-term Debt
$3.9B

DAR 5-Year Financial Trend

DAR 5-year financial data: Year 2021: Revenue $4.7B, Net Income $312.6M, EPS $1.86. Year 2022: Revenue $6.5B, Net Income $296.8M, EPS $1.78. Year 2023: Revenue $6.8B, Net Income $650.9M, EPS $3.90. Year 2024: Revenue $6.8B, Net Income $737.7M, EPS $4.49. Year 2025: Revenue $6.8B, Net Income $647.7M, EPS $3.99.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: DARLING INGREDIENTS INC.'s revenue has grown significantly by 43% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.99 reflects profitable operations.

DAR Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
11.1%
Free cash flow / Revenue

DAR Quarterly Performance

Quarterly financial performance data for DARLING INGREDIENTS INC. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.4B $5.9M $0.04
Q2 2025 $1.5B $12.7M $0.08
Q1 2025 $1.4B -$26.2M $-0.16
Q3 2024 $1.4B $16.9M $0.11
Q2 2024 $1.5B $78.9M $0.49
Q1 2024 $1.4B $81.2M $0.50
Q3 2023 $1.6B $125.0M $0.77
Q2 2023 $1.7B $202.0M $1.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

DAR Capital Allocation

Operating Cash Flow
$1.1B
Cash generated from operations
Stock Buybacks
$34.7M
Shares repurchased (TTM)
Capital Expenditures
$380.5M
Investment in assets
Dividends
None
No dividend program

DAR SEC Filings

Access official SEC EDGAR filings for DARLING INGREDIENTS INC. (CIK: 0000916540)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 DEF 14A d84781ddef14a.htm View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →
Mar 10, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about DAR

What is the AI rating for DAR?

DARLING INGREDIENTS INC. (DAR) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are DAR's key strengths?

Strong revenue growth of 7.4% YoY reaching $6.1B demonstrates market demand resilience. Robust free cash flow of $679.2M (11.1% FCF margin) provides substantial cash generation for operations and debt service.

What are the risks of investing in DAR?

Severe profitability compression with net income flat YoY and diluted EPS collapsing 77.5%, indicating margin deterioration despite revenue gains. Dangerously low interest coverage ratio of 1.1x leaves minimal cushion for debt obligations if operating performance declines.

What is DAR's revenue and growth?

DARLING INGREDIENTS INC. reported revenue of $6.1B.

Does DAR pay dividends?

DARLING INGREDIENTS INC. does not currently pay dividends.

Where can I find DAR SEC filings?

Official SEC filings for DARLING INGREDIENTS INC. (CIK: 0000916540) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DAR's EPS?

DARLING INGREDIENTS INC. has a diluted EPS of $0.39.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2026-01-03 | Powered by Claude AI