Darling Ingredients (DAR) Financial Statements
Price: $30.35
Market Cap: $4.80B
Avg Volume: 2.32M
Market Cap: $4.80B
Avg Volume: 2.32M
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Industry: Packaged Foods
Sector: Consumer Defensive
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Darling Ingredients.
Income Statement
| Breakdown | December 28, 2024 | December 30, 2023 | December 31, 2022 | January 01, 2022 | January 02, 2021 | December 28, 2019 | December 29, 2018 | December 30, 2017 | December 31, 2016 | January 02, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.07B | $6.79B | $6.53B | $4.74B | $3.57B | $3.36B | $3.39B | $3.66B | $3.40B | $3.39B |
| Cost of Revenue | $4.44B | $5.14B | $5.00B | $3.50B | $2.69B | $2.59B | $2.65B | $2.88B | $2.64B | $2.65B |
| Gross Profit | $628.25M | $1.65B | $1.53B | $1.24B | $883.11M | $774.82M | $740.64M | $786.40M | $756.38M | $737.23M |
| Gross Profit Ratio | 12.40% | 24.23% | 23.42% | 26.19% | 24.72% | 23.03% | 21.86% | 21.47% | 22.26% | 21.74% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $492.11M | $549.59M | $436.61M | $391.54M | $378.50M | $358.52M | $309.26M | $347.89M | $318.60M | $316.38M |
| Other Expenses | $317.52M | $- | $63.92M | $-34.02M | $73.68M | $-59.52M | $177.09M | $269.23M | $283.26M | $278.20M |
| Operating Expenses | $809.62M | $695.29M | $500.53M | $357.51M | $452.17M | $299.00M | $486.35M | $617.13M | $601.86M | $594.59M |
| Cost and Expenses | $5.25B | $5.84B | $5.50B | $3.86B | $3.14B | $2.89B | $3.13B | $3.49B | $3.24B | $3.25B |
| Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $253.86M | $259.22M | $125.57M | $62.08M | $72.69M | $78.67M | $86.43M | $88.93M | $94.19M | $105.53M |
| Depreciation and Amortization | $264.99M | $502.01M | $394.72M | $316.39M | $350.18M | $325.51M | $321.19M | $302.10M | $289.91M | $269.90M |
| EBITDA | $524.66M | $1.48B | $1.09B | $1.20B | $776.48M | $412.07M | $430.25M | $455.23M | $437.99M | $420.85M |
| EBITDA Ratio | 10.36% | 21.82% | 16.75% | 25.31% | 21.74% | 12.25% | 12.70% | 12.43% | 12.89% | 12.41% |
| Operating Income | $314.90M | $949.73M | $1.03B | $884.47M | $430.94M | $475.82M | $255.00M | $169.44M | $154.73M | $142.64M |
| Operating Income Ratio | 6.22% | 13.99% | 15.75% | 18.65% | 12.06% | 14.14% | 7.53% | 4.63% | 4.55% | 4.21% |
| Total Other Income Expenses Net | $-16.56M | $-229.77M | $-135.35M | $-63.07M | $-77.32M | $-95.39M | $-137.03M | $-105.25M | $-32.20M | $-43.86M |
| Income Before Tax | $298.34M | $719.96M | $893.72M | $821.40M | $353.62M | $380.43M | $117.97M | $64.20M | $122.54M | $98.78M |
| Income Before Tax Ratio | 5.89% | 10.61% | 13.68% | 17.32% | 9.90% | 11.31% | 3.48% | 1.75% | 3.61% | 2.91% |
| Income Tax Expense | $175.00K | $59.57M | $146.63M | $164.11M | $53.29M | $59.47M | $12.03M | $-69.15M | $15.31M | $13.50M |
| Net Income | $278.88M | $647.73M | $737.69M | $650.91M | $296.82M | $312.60M | $101.50M | $128.47M | $102.31M | $78.53M |
| Net Income Ratio | 5.51% | 9.54% | 11.29% | 13.73% | 8.31% | 9.29% | 3.00% | 3.51% | 3.01% | 2.32% |
| EPS | $1.75 | $4.05 | $4.58 | $4.01 | $1.83 | $1.90 | $0.62 | $0.78 | $0.62 | $0.48 |
| EPS Diluted | $1.73 | $3.99 | $4.49 | $3.90 | $1.78 | $1.86 | $0.60 | $0.77 | $0.62 | $0.48 |
| Weighted Average Shares Outstanding | 159.81M | 162.34M | 161.00M | 166.90M | 162.20M | 164.63M | 163.70M | 164.70M | 165.02M | 165.06M |
| Weighted Average Shares Outstanding Diluted | 161.42M | 162.39M | 164.12M | 167.10M | 167.21M | 168.38M | 167.91M | 166.73M | 165.21M | 165.12M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 28, 2024 | December 30, 2023 | December 31, 2022 | January 01, 2022 | January 02, 2021 | December 28, 2019 | December 29, 2018 | December 30, 2017 | December 31, 2016 | January 02, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $75.97M | $126.50M | $127.02M | $68.91M | $81.62M | $72.94M | $107.26M | $106.77M | $114.56M | $156.88M |
| Short Term Investments | $277.47M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $353.45M | $126.50M | $127.02M | $68.91M | $81.62M | $72.94M | $107.26M | $106.77M | $114.56M | $156.88M |
| Net Receivables | $- | $821.89M | $695.16M | $470.17M | $409.27M | $409.65M | $392.20M | $396.36M | $395.88M | $383.36M |
| Inventory | $- | $758.74M | $673.62M | $457.46M | $405.92M | $362.96M | $341.03M | $358.18M | $330.81M | $344.58M |
| Other Current Assets | $784.38M | $148.53M | $160.89M | $92.48M | $90.19M | $71.74M | $57.45M | $95.13M | $52.05M | $46.97M |
| Total Current Assets | $1.14B | $1.86B | $1.64B | $1.09B | $986.99M | $917.29M | $897.94M | $956.45M | $893.30M | $931.79M |
| Property Plant Equipment Net | $2.92B | $3.14B | $2.65B | $2.00B | $2.01B | $1.93B | $1.69B | $1.65B | $1.52B | $1.51B |
| Goodwill | $2.32B | $2.48B | $1.97B | $1.22B | $1.26B | $1.22B | $1.23B | $1.30B | $1.23B | $1.23B |
| Intangible Assets | $898.41M | $1.08B | $865.12M | $397.80M | $473.68M | $526.39M | $595.86M | $676.50M | $711.93M | $782.35M |
| Goodwill and Intangible Assets | $3.22B | $3.56B | $2.84B | $1.62B | $1.73B | $1.75B | $1.83B | $1.98B | $1.94B | $2.02B |
| Long Term Investments | $2.26B | $2.25B | $1.93B | $1.35B | $804.68M | $689.35M | $410.18M | $302.04M | $292.72M | $247.24M |
| Tax Assets | $22.37M | $17.71M | $17.89M | $16.21M | $16.68M | $14.39M | $14.98M | $14.04M | $14.99M | $16.35M |
| Other Non-Current Assets | $199.59M | $234.96M | $136.27M | $66.80M | $60.68M | $47.40M | $53.38M | $62.28M | $43.61M | $41.62M |
| Total Non-Current Assets | $8.63B | $9.21B | $7.56B | $5.04B | $4.63B | $4.43B | $3.99B | $4.00B | $3.80B | $3.83B |
| Other Assets | $301.62M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $10.07B | $11.06B | $9.20B | $6.13B | $5.61B | $5.35B | $4.89B | $4.96B | $4.70B | $4.76B |
| Account Payables | $348.70M | $425.59M | $472.49M | $307.12M | $255.34M | $239.25M | $219.48M | $217.42M | $180.90M | $150.00M |
| Short Term Debt | $195.78M | $111.68M | $119.08M | $62.58M | $106.46M | $128.80M | $7.49M | $16.14M | $23.25M | $45.17M |
| Tax Payables | $9.72M | $15.52M | $44.85M | $32.31M | $17.50M | $39.13M | $4.04M | $12.30M | $7.48M | $11.96M |
| Deferred Revenue | $- | $4.35M | $-44.85M | $- | $59.05M | $86.27M | $- | $- | $- | $- |
| Other Current Liabilities | $489.30M | $445.35M | $432.02M | $350.68M | $296.01M | $281.16M | $309.48M | $313.62M | $240.23M | $234.54M |
| Total Current Liabilities | $1.04B | $998.14M | $1.07B | $752.68M | $675.30M | $688.34M | $540.50M | $559.48M | $451.85M | $441.67M |
| Long Term Debt | $4.06B | $4.52B | $3.46B | $1.56B | $1.59B | $1.65B | $1.67B | $1.70B | $1.73B | $1.89B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $293.02M | $498.17M | $481.83M | $362.94M | $276.21M | $247.93M | $231.06M | $266.71M | $346.13M | $360.68M |
| Other Non-Current Liabilities | $208.35M | $349.81M | $298.93M | $111.03M | $117.37M | $115.78M | $115.03M | $106.29M | $96.11M | $97.81M |
| Total Non-Current Liabilities | $4.56B | $5.37B | $4.24B | $2.03B | $1.98B | $2.01B | $2.01B | $2.07B | $2.17B | $2.34B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $5.61B | $6.37B | $5.31B | $2.79B | $2.66B | $2.70B | $2.55B | $2.63B | $2.62B | $2.79B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $1.74M | $1.74M | $1.72M | $1.70M | $1.69M | $1.68M | $1.68M | $1.68M | $1.67M |
| Retained Earnings | $- | $3.73B | $3.09B | $2.35B | $1.70B | $1.40B | $1.09B | $981.23M | $852.80M | $750.49M |
| Accumulated Other Comprehensive Income Loss | $- | $-198.35M | $-383.87M | $-321.69M | $-252.43M | $-321.85M | $-304.54M | $-209.52M | $-340.01M | $-335.92M |
| Other Total Stockholders Equity | $4.39B | $1.07B | $1.11B | $1.25B | $1.45B | $1.49B | $1.49B | $1.47B | $1.46B | $1.45B |
| Total Stockholders Equity | $4.39B | $4.61B | $3.81B | $3.28B | $2.89B | $2.57B | $2.27B | $2.24B | $1.97B | $1.87B |
| Total Equity | $4.39B | $4.69B | $3.90B | $3.35B | $2.95B | $2.64B | $2.34B | $2.33B | $2.08B | $1.97B |
| Total Liabilities and Stockholders Equity | $10.07B | $11.06B | $9.20B | $6.13B | $5.61B | $5.35B | $4.89B | $4.96B | $4.70B | $4.76B |
| Minority Interest | $- | $88.26M | $87.47M | $66.83M | $62.30M | $77.53M | $62.77M | $82.76M | $103.23M | $103.90M |
| Total Liabilities and Total Equity | $10.07B | $11.06B | $9.20B | $6.13B | $5.61B | $5.35B | $4.89B | $4.96B | $4.70B | $4.76B |
| Total Investments | $2.26B | $2.25B | $1.93B | $1.35B | $804.68M | $689.35M | $410.18M | $302.04M | $292.72M | $247.24M |
| Total Debt | $4.26B | $4.64B | $3.58B | $1.62B | $1.66B | $1.78B | $1.67B | $1.71B | $1.75B | $1.93B |
| Net Debt | $4.18B | $4.51B | $3.45B | $1.55B | $1.58B | $1.71B | $1.57B | $1.61B | $1.64B | $1.77B |
Cash Flow Statement
| Breakdown | December 28, 2024 | December 30, 2023 | December 31, 2022 | January 01, 2022 | January 02, 2021 | December 28, 2019 | December 29, 2018 | December 30, 2017 | December 31, 2016 | January 02, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $285.85M | $647.73M | $737.69M | $650.91M | $296.82M | $312.60M | $101.50M | $133.35M | $102.31M | $85.28M |
| Depreciation and Amortization | $503.82M | $502.01M | $394.72M | $316.39M | $350.18M | $325.51M | $321.19M | $302.10M | $289.91M | $269.90M |
| Deferred Income Tax | $-186.39M | $-22.24M | $46.73M | $96.81M | $15.81M | $20.53M | $-16.97M | $-98.81M | $-11.53M | $7.81M |
| Stock Based Compensation | $20.92M | $33.16M | $25.00M | $21.84M | $23.22M | $21.01M | $18.78M | $17.60M | $10.33M | $8.99M |
| Change in Working Capital | $255.32M | $-66.19M | $-141.03M | $-34.74M | $6.28M | $-19.65M | $13.20M | $46.83M | $26.51M | $79.07M |
| Accounts Receivables | $179.84M | $- | $- | $- | $22.36M | $- | $- | $3.48M | $- | $8.21M |
| Inventory | $163.78M | $49.58M | $- | $- | $- | $- | $2.39M | $- | $15.34M | $34.54M |
| Accounts Payables | $-17.88M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-70.42M | $-115.78M | $-141.03M | $-34.74M | $-16.08M | $-19.65M | $10.80M | $43.34M | $11.17M | $36.32M |
| Other Non Cash Items | $-40.23M | $-195.20M | $-249.38M | $-346.79M | $-67.66M | $-297.38M | $-39.07M | $9.36M | $-26.53M | $-30.10M |
| Net Cash Provided by Operating Activities | $839.29M | $899.26M | $813.74M | $704.42M | $624.65M | $362.62M | $398.62M | $410.44M | $391.00M | $420.96M |
| Investments in Property Plant and Equipment | $-332.46M | $-557.00M | $-392.80M | $-274.40M | $-283.93M | $-363.15M | $-325.78M | $-281.30M | $-243.55M | $-233.69M |
| Acquisitions Net | $-116.71M | $-1.17B | $-2.04B | $-195.51M | $-29.79M | $- | $-107.73M | $-12.14M | $-8.51M | $-377.00K |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $3.67M | $82.76M | $- | $- | $- |
| Other Investing Activities | $-49.72M | $49.76M | $13.44M | $-20.36M | $3.09M | $21.40M | $8.33M | $9.39M | $8.87M | $4.40M |
| Net Cash Used for Investing Activities | $-498.90M | $-1.68B | $-2.42B | $-490.26M | $-310.63M | $-338.07M | $-342.42M | $-284.05M | $-243.19M | $-229.67M |
| Debt Repayment | $-346.81M | $959.40M | $1.87B | $3.02M | $-220.76M | $-24.66M | $-35.29M | $-122.38M | $-175.66M | $-108.28M |
| Common Stock Issued | $447.00K | $- | $- | $50.00K | $67.00K | $39.00K | $182.00K | $22.00K | $188.00K | $171.00K |
| Common Stock Repurchased | $-34.27M | $-52.94M | $-125.53M | $-167.71M | $-55.04M | $-19.26M | $- | $- | $-5.00M | $-5.91M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-18.93M | $-30.17M | $-68.26M | $-56.73M | $-31.25M | $-11.01M | $-12.47M | $-32.50M | $-3.40M | $-25.48M |
| Net Cash Used Provided by Financing Activities | $-399.56M | $876.29M | $1.68B | $-221.36M | $-306.99M | $-54.88M | $-47.58M | $-154.85M | $-183.87M | $-139.50M |
| Effect of Forex Changes on Cash | $12.03M | $14.18M | $5.30M | $-5.45M | $1.64M | $-3.99M | $-8.16M | $20.53M | $-6.30M | $-3.60M |
| Net Change in Cash | $-47.14M | $114.28M | $81.10M | $-12.65M | $8.68M | $-34.32M | $453.00K | $-7.94M | $-42.32M | $48.10M |
| Cash at End of Period | $217.31M | $264.45M | $150.17M | $69.07M | $81.72M | $73.05M | $107.37M | $106.92M | $114.86M | $156.88M |
| Cash at Beginning of Period | $264.45M | $150.17M | $69.07M | $81.72M | $73.05M | $107.37M | $106.92M | $114.86M | $156.88M | $108.78M |
| Operating Cash Flow | $839.29M | $899.26M | $813.74M | $704.42M | $624.65M | $362.62M | $398.62M | $410.44M | $391.00M | $420.96M |
| Capital Expenditure | $-332.46M | $-557.00M | $-392.80M | $-274.40M | $-283.93M | $-363.15M | $-325.78M | $-281.30M | $-243.52M | $-233.69M |
| Free Cash Flow | $506.82M | $342.26M | $420.94M | $430.02M | $340.73M | $-528.00K | $72.84M | $129.13M | $147.45M | $187.66M |