Darling Ingredients Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 3, 2026	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	6,136	5,715	6,788	6,532	4,741
Revenue Growth (YoY)	7.36%	-15.81%	3.92%	37.77%	32.74%
Cost of Revenue	4,662	4,437	5,143	5,003	3,499
Gross Profit	1,473	1,278	1,645	1,530	1,242
Selling, General & Admin	551.16	493.9	544.08	435.47	391.53
Operating Expenses	1,060	997.72	1,046	830.19	707.92
Operating Income	413.8	280.12	598.93	699.4	534.07
Interest Expense	-222.28	-253.86	-259.22	-125.57	-62.08
Earnings From Equity Investments	-36.01	161.08	371.39	377.45	357.38
Currency Exchange Gain (Loss)	-0.38	-1.15	8.13	-11.28	-2.2
Other Non Operating Income (Expenses)	0.47	24.1	17.85	-4.71	-4.56
EBT Excluding Unusual Items	155.59	210.28	737.08	935.3	822.61
Merger & Restructuring Charges	-73.9	-13.64	-32.44	-46.04	-2.17
Gain (Loss) on Sale of Assets	0.34	4.16	7.42	4.49	0.96
Other Unusual Items	-21	46.71	7.89	-0.04	-
Pretax Income	61.03	247.51	719.96	893.72	821.4
Income Tax Expense	-9.36	-38.34	59.57	146.63	164.11
Earnings From Continuing Operations	70.39	285.85	660.39	747.09	657.29
Minority Interest in Earnings	-7.58	-6.97	-12.66	-9.4	-6.38
Net Income	62.8	278.88	647.73	737.69	650.91
Net Income to Common	62.8	278.88	647.73	737.69	650.91
Net Income Growth	-77.48%	-56.95%	-12.20%	13.33%	119.30%
Shares Outstanding (Basic)	157	160	160	161	162
Shares Outstanding (Diluted)	160	161	162	164	167
Shares Change (YoY)	-0.78%	-0.60%	-1.06%	-1.78%	-0.07%
EPS (Basic)	0.40	1.75	4.05	4.58	4.01
EPS (Diluted)	0.39	1.73	3.99	4.49	3.90
EPS Growth	-77.46%	-56.64%	-11.14%	15.13%	119.10%
Free Cash Flow	-	506.82	343.78	422.43	430.29
Free Cash Flow Per Share	-	3.14	2.12	2.57	2.58
Gross Margin	24.01%	22.36%	24.23%	23.42%	26.20%
Operating Margin	6.74%	4.90%	8.82%	10.71%	11.26%
Profit Margin	1.02%	4.88%	9.54%	11.29%	13.73%
Free Cash Flow Margin	-	8.87%	5.07%	6.47%	9.07%
EBITDA	905.74	783.94	1,101	1,094	850.45
EBITDA Margin	14.76%	13.72%	16.22%	16.75%	17.94%
D&A For EBITDA	491.95	503.83	502.02	394.72	316.39
EBIT	413.8	280.12	598.93	699.4	534.07
EBIT Margin	6.74%	4.90%	8.82%	10.71%	11.26%
Effective Tax Rate	-	-	8.27%	16.41%	19.98%
Revenue as Reported	6,136	5,715	6,788	6,532	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.