DAR · NYSE · Packaged Foods

Darling Ingredients (DAR)

Transforms animal and food-industry residuals into feed, food, and renewable-fuel ingredients.

$62.87
vs last close−0.39 (−0.62%)
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Darling Ingredients Inc.DAR
Consumer Staples

Collects animal-agriculture and food-industry residuals, transforms them into feed proteins and fats, collagen and gelatin, and renewable-fuel inputs, and sells them through Feed, Food, and Fuel Ingredients. A global processing network links Rousselot with the Diamond Green Diesel joint venture.

Collects animal-agriculture and food-industry residuals, then processes them through Feed Ingredients, Food Ingredients, and Fuel Ingredients. Outputs include proteins and fats for animal feed, gelatin and collagen for human nutrition, and feedstocks or finished renewable fuels.

An acquisition-built network spans North America, Europe, South America, and other markets, linking collection routes with processing plants and specialty technologies. Rousselot anchors collagen and gelatin, while the Diamond Green Diesel joint venture with Valero converts fats and used cooking oil into renewable diesel and sustainable aviation fuel.

Results depend on feedstock availability and pricing, animal-fat and used-cooking-oil markets, plant operations, and renewable-fuel standards, mandates, and tax credits. The proposed combination of Rousselot with PB Leiner remains subject to regulatory approval.

Company facts

CEORandall C. Stuewe
ListedSep 9, 1994
ExchangeNYSE
HeadquartersIrving, TX
CountryUnited States
Employees16,000
CIK0000916540
ISINUS2372661015

Market cap$10.05B
EPS (ttm)$3.72
P/E (ttm)17.01
ROE12.2%
P/B1.92
P/S1.53
Dividend yieldDiv yield
Beta0.25vs XLP 0.14

Price target$72.50+14.6%Average of 25 analysts
ConsensusBuy21 of 25 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 22, 2026UBSReiterate
Rating: Target: $50
Rating: BuyTarget: $88
Aug 3, 2026BarclaysTarget
Target: $62
Target: $65
Jul 2, 2026BarclaysTarget
Target: $58
Target: $62
Jun 22, 2026BarclaysInitiate
Rating: Target:
Rating: NegativeTarget: $58
May 4, 2026JefferiesTarget
Target: $73
Target: $75

Next report
Oct 22, 26
in 30 days
EPS estimate
$1.80
Revenue estimate
$1.77B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.63−$0.16$0.09$0.12$0.36$0.83$2.41Pending
Estimate$0.35$0.20$0.12$0.13$0.43$0.56$1.40$1.80
Surprise+80.0%−180.0%−25.0%−7.7%−16.3%+48.2%+72.1%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.25B$1.38B$1.48B$1.56B$1.71B$1.55B$1.72BPending
Estimate$1.46B$1.46B$1.52B$1.53B$1.53B$1.56B$1.71B$1.77B
Surprise−14.8%−5.3%−2.8%+2.3%+11.6%−0.5%+0.6%
Estimate$1.80
ReportedDue Oct 22, 2026
Estimate$1.77B
ReportedDue Oct 22, 2026
View details

Debt to equity79.50%
Current ratio155.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.42B$1.42B$1.38B$1.48B$1.56B$1.72B$1.55B$1.72B
Net income$16.9M$101.9M−$26.2M$12.7M$19.4M$56.9M$134.3M$387.3M
Net margin1.2%7.2%0.0%0.9%1.2%3.3%8.7%22.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$60.1M$122.4M$53.7M$77.8M$115.9M$144.5M$124.9M$657.1M
YoY growth−66.3%−22.9%−60.8%−47.6%+92.8%+18.0%+132.6%+744.0%

Balance sheet, Jul 4, 2026Cash & short-term investments $160.7M · Total debt $4.17B · Total assets $10.98B · Shareholders' equity $5.25B

Revenue
$1.72B
Operating income
$657.1M
Net income
$387.3M
View details

No dividends on record.

Institutions≈ 100.57%159.83M shares
645 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.73%1.16M shares
24 holders · as of Aug 18, 2026
Adds to101.30%

158.93M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 101.30%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.81%15.59Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.26%8.35Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.17%8.22Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.52%7.19Mas of Jun 30, 2026
State Street CorpInstitution
3.59%5.70Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 2, 2026Randall C. Stuewedirector, officer: Chairman and CEO−5,000$68.20
Aug 17, 2026Sandra Dudleyofficer: EVP Chief Strategy Officer−6,474$67.87
Aug 18, 2026Joseph Manziofficer: Chief Accounting Officer−1,000$67.27
Aug 14, 2026Patrick McNuttofficer: EVP Chief Admin Officer−8,000$67.09
Aug 13, 2026Randall C. Stuewedirector, officer: Chairman and CEO−5,000$64.79
View details

  • JBS

    Integrated by-product rival spanning feed, collagen and biodiesel

  • Tyson Foods

    Rendering and animal-fat rival across feed and renewable-fuel inputs

  • Phillips 66

    Renewable-fuels rival using the same waste fats and used cooking oil

Compare

CompanyPriceChange
Darling Ingredients$62.87−0.62%$10.05B17.09.91.5+16.4%
JBS$11.90−1.07%$26.68B9.914.40.4+9.1%
Tyson Foods$52.20+0.34%$18.44B31.913.60.3−0.1%
Phillips 66$260.14−0.62%$104.94B14.98.30.7+55.9%
Median14.913.60.4+9.1%