Darling Ingredients Inc. (DAR)

Darling Ingredients Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 28, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Revenue	5,702	5,715	6,788	6,532	4,741	3,572
Revenue Growth (YoY)	-6.76%	-15.81%	3.92%	37.77%	32.74%	6.18%
Cost of Revenue	4,397	4,437	5,143	5,003	3,499	2,689
Gross Profit	1,305	1,278	1,645	1,530	1,242	883.11
Selling, General & Admin	490.42	493.9	544.08	435.47	391.53	379.47
Operating Expenses	987.03	997.72	1,046	830.19	707.92	729.65
Operating Income	317.57	280.12	598.93	699.4	534.07	153.46
Interest Expense	-231.6	-253.86	-259.22	-125.57	-62.08	-72.69
Earnings From Equity Investments	13.76	161.08	371.39	377.45	357.38	318.29
Currency Exchange Gain (Loss)	-1.85	-1.15	8.13	-11.28	-2.2	-2.29
Other Non Operating Income (Expenses)	16.4	24.1	17.85	-4.71	-4.56	-5.24
EBT Excluding Unusual Items	116.48	210.28	737.08	935.3	822.61	391.53
Merger & Restructuring Charges	-13.37	-13.64	-32.44	-46.04	-2.17	-38.17
Gain (Loss) on Sale of Assets	2.79	4.16	7.42	4.49	0.96	-0.43
Other Unusual Items	-32.67	46.71	7.89	-0.04	-	0.68
Pretax Income	73.24	247.51	719.96	893.72	821.4	353.62
Income Tax Expense	-40.11	-38.34	59.57	146.63	164.11	53.29
Earnings From Continuing Operations	113.34	285.85	660.39	747.09	657.29	300.33
Minority Interest in Earnings	-7.99	-6.97	-12.66	-9.4	-6.38	-3.51
Net Income	105.36	278.88	647.73	737.69	650.91	296.82
Net Income to Common	105.36	278.88	647.73	737.69	650.91	296.82
Net Income Growth	-71.49%	-56.95%	-12.20%	13.33%	119.30%	-5.05%
Shares Outstanding (Basic)	159	160	160	161	162	163
Shares Outstanding (Diluted)	160	161	162	164	167	167
Shares Change (YoY)	-1.40%	-0.60%	-1.06%	-1.78%	-0.07%	-0.69%
EPS (Basic)	0.66	1.75	4.05	4.58	4.01	1.83
EPS (Diluted)	0.66	1.73	3.99	4.49	3.90	1.78
EPS Growth	-71.33%	-56.64%	-11.14%	15.13%	119.10%	-4.30%
Free Cash Flow	548.95	506.82	343.78	422.43	430.29	344.54
Free Cash Flow Per Share	3.44	3.14	2.12	2.57	2.58	2.06
Gross Margin	22.88%	22.36%	24.23%	23.42%	26.20%	24.72%
Operating Margin	5.57%	4.90%	8.82%	10.71%	11.26%	4.30%
Profit Margin	1.85%	4.88%	9.54%	11.29%	13.73%	8.31%
Free Cash Flow Margin	9.63%	8.87%	5.07%	6.47%	9.07%	9.65%
EBITDA	814.18	783.94	1,101	1,094	850.45	503.64
EBITDA Margin	14.28%	13.72%	16.22%	16.75%	17.94%	14.10%
D&A For EBITDA	496.61	503.83	502.02	394.72	316.39	350.18
EBIT	317.57	280.12	598.93	699.4	534.07	153.46
EBIT Margin	5.57%	4.90%	8.82%	10.71%	11.26%	4.30%
Effective Tax Rate	-	-	8.27%	16.41%	19.98%	15.07%
Revenue as Reported	5,702	5,715	6,788	6,532	-	-

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q