Darling Ingredients Inc. (DAR) Financial Statements

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Darling Ingredients financial statements at a glance

Darling Ingredients reported revenue of $5.72 billion for fiscal year 2024 (ended December 31, 2024), down 15.8% from fiscal year 2023. Net income was $278.88 million, a net margin of 4.9%, and diluted earnings per share were $1.73.

At the end of fiscal year 2024 it had total assets of $10.07 billion, total liabilities of $5.61 billion and shareholders' equity of $4.38 billion, with cash and short-term investments of $75.97 million and total debt of $4.26 billion.

Its operations brought in $839.29 million of cash; capital spending was $332.48 million, leaving free cash flow of $506.81 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

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Darling Ingredients Inc.

DARUnited States
Essential Consumer Products
USD (Local)

Income Statement

Annual • USD

Weighted Average Shares (diluted)
160.16M
Prev Year: 161.42M
YoY: -0.8%
Total Revenue
-
Prev Year: 5.72B
Weighted Average Shares (basic)
157.01M
Prev Year: 159.51M
YoY: -1.6%
Cost of Revenue
-
Prev Year: 4.44B
Diluted EPS
0.39
Prev Year: 1.73
YoY: -77.5%
Gross Profit
-
Prev Year: 1.28B
Basic EPS
0.4
Prev Year: 1.75
YoY: -77.1%
Operating Expense
-
Prev Year: 995.93M
Values in USD

Darling Ingredients key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue–$5.7B$6.8B$6.5B$4.7B
Gross profit–$1.3B$1.6B$1.5B$1.2B
Operating income–$281.9M$600.5M$698.3M$534.1M
Net income–$278.9M$647.7M$737.7M$650.9M
Diluted EPS$0.39$1.73$3.99$4.49$3.90
Total assets–$10.1B$11.1B$9.2B$6.1B
Total liabilities–$5.6B$6.4B$5.3B$2.8B
Shareholders' equity–$4.4B$4.6B$3.8B$3.3B
Cash and short-term investments–$76.0M$126.5M$127.0M$68.9M
Total debt–$4.3B$4.6B$3.6B$1.6B
Operating cash flow–$839.3M$899.3M$813.7M$704.4M
Capital spending–$332.5M$557.0M$392.8M$274.4M
Free cash flow–$506.8M$342.3M$420.9M$430.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Darling Ingredients's revenue in fiscal year 2024?

$5.72 billion, down 15.8% from $6.79 billion in fiscal year 2023.

How much profit does Darling Ingredients make?

Darling Ingredients reported net income of $278.88 million for fiscal year 2024 (4.9% of revenue); operating income was $281.91 million.

How much cash and debt does Darling Ingredients have?

At the end of fiscal year 2024: cash and short-term investments of $75.97 million and total debt of $4.26 billion.

What is Darling Ingredients's free cash flow?

$506.81 million in fiscal year 2024 (operating cash flow of $839.29 million minus capital spending of $332.48 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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