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Discontinued — last reported Q4 '25

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Other financials

Income statement

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Revenue$1.6B+12.3%
Gross profit$404.9M+30.1%
Operating income$226.8M+698%
Net income$134.3M+613%
EPS (diluted)$0.83+619%

Balance sheet

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Cash & equivalents$116.0M+42.4%
Total debt$4.4B+4.9%
Total equity$4.9B+9.6%
Total assets$10.6B+6.1%

Cash flow

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Operating cash flow$153.0M-38.6%
Free cash flow$169.8M+34.0%

Valuation

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Market cap$9.56B+94.6%
Enterprise value$13.79B+51.7%
P/E42.8×-3.8×
P/S1.5×+0.7×

Profitability

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Gross margin24.8%+2.2pp
Operating margin7.5%+1.1pp
Net margin3.5%+0.5pp
FCF margin11.1%+2.2pp

Returns & leverage

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Return on equity4.8%+1.0pp
Debt / equity0.9×0.0×
Current ratio1.6×+0.2×

Where this comes from

Reported directly by Darling Ingredients Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Darling Ingredients Inc.’s 10-K, filed March 3, 2026.

Filed
Mar 2, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000916540-26-000008
Line itemJanuary 3,2026December 28,2024December 30,2023
Other8,150(53,081)31,943
Net cash provided by operating activities1,059,719839,289899,263
Cash flows from investing activities:
Capital expenditures(380,477)(332,465)(555,480)
Acquisitions, net of cash acquired(116,712)(1,093,183)
Investment in Diamond Green Diesel(328,228)(90,000)(75,000)
Investment in other unconsolidated subsidiaries(27)(27)
Loan to Diamond Green Diesel(25,000)(100,000)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Darling Ingredients Inc.'s capex?
Darling Ingredients Inc. (DAR) reported capex of $95.12M in Q4 2025.
How has Darling Ingredients Inc.'s capex changed year-over-year?
Darling Ingredients Inc.'s capex increased by 14.4% year-over-year, from $83.12M to $95.12M.
What is the long-term trend for Darling Ingredients Inc.'s capex?
Over 4 years (2021 to 2025), Darling Ingredients Inc.'s capex has grown at a 8.5% compound annual growth rate (CAGR), from $274.13M to $380.48M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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