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Darling Ingredients Inc. DAR Feed Ingredients — Restructuring Costs

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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%
CapEx$95.1M+14.4%
Free cash flow$169.8M+34.0%

Valuation

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Market cap$9.19B+94.6%
Enterprise value$13.42B+51.7%
P/E41.1×-3.7×
P/S1.5×+0.6×

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:RestructuringCosts.

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

In fiscal 2025, the Company’s management decided to strategically realign certain operations in the feed segment. As a result, the Company incurred impairment charges of approximately $32.0 million and restructuring charges of approximately $0.2 million, which represented employee termination costs. In addition, the Company’s management determined a group of assets should be classified as assets held for sale as a result of meeting the classification criteria in the food segment. The Company incurred impairment charges of approximately $25.8 million upon classification of the food segment assets as held for sale.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Darling Ingredients Inc.'s feed ingredients — restructuring costs?
Darling Ingredients Inc. (DAR) reported feed ingredients — restructuring costs of $50K in Q4 2025.
What does feed ingredients — restructuring costs mean?
Expenses incurred for programs that materially change the scope of the Feed Ingredients business or the manner in which it is conducted. This includes costs for facility closures, employee severance, and other initiatives designed to improve operational efficiency.

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