Market Summary
USD58.40+1.72
Delayed3.03%
DAR Stock Price
DAR RSI Chart
DAR Valuation
DAR Price/Sales (Trailing)
DAR Profitability
DAR Fundamentals
DAR Revenue
DAR Earnings
Price Action
52 Week Range
52.8187.59
(Low)(High)
Last 7 days
7.4%
Last 30 days
-8.7%
Last 90 days
-6.7%
Trailing 12 Months
-27.3%
DAR Financial Health
DAR Investor Care
Peers (Alternatives to Darling Ingredients)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GIS | 47.8B | 19.4B | 8.38% | 28.93% | 16.42 | 2.47 | 4.08% | 30.06% |
ADM | 44.7B | 101.6B | 0.53% | -10.05% | 10.3 | 0.44 | 19.13% | 60.21% |
BG | 14.3B | 67.2B | 0.37% | -11.76% | 8.89 | 0.21 | 13.66% | -22.48% |
| MID-CAP | ||||||||
DAR | 9.4B | 6.5B | -8.68% | -27.35% | 12.69 | 1.43 | 37.77% | 13.33% |
INGR | 6.7B | 7.9B | 0.81% | 18.59% | 13.61 | 0.84 | 15.26% | 320.51% |
POST | 5.3B | 6.1B | 0.21% | 29.76% | 6.08 | 0.87 | 18.23% | 1243.59% |
FRPT | 3.2B | 595.3M | 3.66% | -35.51% | -53.44 | 5.34 | 39.92% | -100.32% |
TR | 3.1B | 687.0M | 6.26% | 28.46% | 40.73 | 4.5 | 20.36% | 16.24% |
JJSF | 2.8B | 1.4B | 5.48% | -3.95% | 66.6 | 2.02 | 15.66% | -34.11% |
| SMALL-CAP | ||||||||
BRID | 126.7M | 263.4M | 10.14% | 28.03% | 2.77 | 0.48 | 5.45% | 786.05% |
LWAY | 93.6M | 136.7M | 0.33% | -16.34% | 813.82 | 0.68 | 20.26% | -96.88% |
FARM | 76.0M | 496.5M | -13.26% | -45.79% | -2.64 | 0.15 | 17.42% | -12.94% |
RMCF | 33.1M | 33.1M | 6.64% | -29.80% | -9.16 | 1 | 2.77% | -346.02% |
RIBT | 4.9M | 39.0M | -21.19% | 106.67% | -0.42 | 0.12 | 30.61% | -109.87% |
Financials for Darling Ingredients
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 7.5% | 6,532 | 6,074 | 5,513 | 5,061 | 4,741 |
| S&GA Expenses | 5.8% | 437 | 413 | 405 | 396 | 392 |
| Costs and Expenses | 8.8% | 5,875 | 5,402 | 4,853 | 4,464 | 4,209 |
| EBITDA | 19.2% | 1,414 | 1,186 | 1,235 | 1,200 | - |
| EBITDA Margin | 0.6% | 0.22* | 0.22* | 0.24* | 0.25* | - |
| Earnings Before Taxes | 0.2% | 894 | 892 | 855 | 856 | 821 |
| EBT Margin | -6.8% | 0.14* | 0.15* | 0.16* | 0.17* | - |
| Interest Expenses | 102.3% | 126 | 62.00 | - | - | - |
| Net Income | -0.6% | 738 | 742 | 698 | 691 | 651 |
| Net Income Margin | -7.6% | 0.11* | 0.12* | 0.09* | 0.14* | - |
| Free Cahsflow | -45.0% | 422 | 768 | 444 | 430 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.5% | 9,202 | 8,809 | 8,027 | 6,616 | 6,134 |
| Current Assets | 4.9% | 1,638 | 1,562 | 1,462 | 1,259 | 1,089 |
| Cash Equivalents | 0.8% | 127 | 126 | 147 | 99.00 | 69.00 |
| Inventory | 4.9% | 674 | 642 | 578 | 492 | 457 |
| Net PPE | 5.0% | 2,462 | 2,346 | 2,237 | 1,868 | 1,840 |
| Goodwill | 5.2% | 2,000 | 1,900 | 1,556 | 1,237 | 1,219 |
| Liabilities | 3.2% | 5,306 | 5,140 | 4,460 | 3,120 | 2,786 |
| Current Liabilities | 3.9% | 1,068 | 1,028 | 920 | 813 | 753 |
| Long Term Debt | 2.9% | 3,315 | 3,221 | 2,881 | 1,678 | 1,439 |
| Shareholder's Equity | 6.4% | 3,809 | 3,580 | 3,567 | 3,496 | 3,281 |
| Retained Earnings | 5.3% | 3,086 | 2,929 | 2,738 | 2,536 | 2,348 |
| Additional Paid-In Capital | 0.5% | 1,660 | 1,652 | 1,646 | 1,638 | 1,628 |
| Accumulated Depreciation | 0.9% | 1,935 | 1,919 | 1,895 | 1,855 | - |
| Minority Interest | -1.4% | 87.00 | 89.00 | 73.00 | 70.00 | 67.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -8.7% | 814 | 891 | 768 | 718 | 704 |
| Share Based Compensation | 12.1% | 25.00 | 22.00 | 21.00 | 20.00 | 22.00 |
| Cashflow From Investing | 3.1% | -2,416 | -2,493 | -1,985 | -720 | -490 |
| Cashflow From Financing | -1.4% | 1,679 | 1,702 | 1,307 | 41.00 | -221 |
| Buy Backs | -27.4% | 126 | 173 | 158 | 185 | 168 |
Risks for DAR
What is the probability of a big loss on DAR?
56.1%
Probability that Darling Ingredients stock will be more than 20% underwater in next one year
34.6%
Probability that Darling Ingredients stock will be more than 30% underwater in next one year.
18.9%
Probability that Darling Ingredients stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does DAR drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Darling Ingredients was unfortunately bought at previous high price.
Drawdowns
Returns for DAR
Cumulative Returns on DAR
12.7%
10-Year Cumulative Returns
23.4%
7-Year Cumulative Returns
27.6%
5-Year Cumulative Returns
45.0%
3-Year Cumulative Returns
What are the long-term rolling returns for DAR?
FIve years rolling returns for Darling Ingredients.
Annualized Returns
Which funds bought or sold DAR recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -2.03 | -499,758 | 6,343,000 | 0.05% |
2023-03-17 | American Portfolios Advisors | added | 29.11 | 32,370 | 107,957 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -33.09 | -8,078,890 | 13,939,100 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 8.42 | 195,000 | 7,731,000 | 0.04% |
2023-02-28 | Voya Investment Management LLC | reduced | -18.9 | -5,097,080 | 16,810,900 | 0.02% |
2023-02-24 | NATIXIS | new | - | 7,511 | 7,511 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | sold off | -100 | -1,000 | - | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -4.1 | -164,000 | 1,610,000 | 0.02% |
2023-02-21 | MACQUARIE GROUP LTD | added | 50.93 | 6,696,260 | 22,866,300 | 0.03% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 624 | 53,590 | 62,590 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Darling Ingredients News
Schedule 13G FIlings of Darling Ingredients
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.08% | 16,150,196 | SC 13G/A | |
| Jan 30, 2023 | blackrock inc. | 13.0% | 20,861,262 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 10.19% | 16,494,838 | SC 13G/A | |
| Feb 08, 2022 | dimensional fund advisors lp | 3.1% | 5,078,645 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 11.2% | 18,128,479 | SC 13G/A | |
| Jan 26, 2022 | blackrock inc. | 11.2% | 18,128,479 | SC 13G | |
| Sep 10, 2021 | vanguard group inc | 10.21% | 16,548,644 | SC 13G/A | |
| Feb 12, 2021 | dimensional fund advisors lp | 6.5% | 10,498,871 | SC 13G/A |
DAR Fair Value
Darling Ingredients fair value in different scenarios
The table shows the Fair Value estimates for Darling Ingredients for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 60.63 3.82% | 78.14 33.80% | 111.59 91.08% | 147.36 152.33% | 201.52 245.07% |
| Current Inflation | 56.05 -4.02% | 70.95 21.49% | 98.95 69.43% | 129.31 121.42% | 174.79 199.30% |
| Very High Inflation | 50.39 -13.72% | 62.28 6.64% | 84.17 44.13% | 108.39 85.60% | 144.14 146.82% |
Historical Darling Ingredients Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Darling Ingredients
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 23, 2023 | ARS | ARS | |
| Mar 23, 2023 | DEF 14A | DEF 14A | |
| Mar 23, 2023 | DEFA14A | DEFA14A | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for DAR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-16 | Adair Charles L | bought | 27,075 | 54.15 | 500 | - |
2023-03-15 | McNutt Patrick | bought | 48,663 | 54.07 | 900 | evp chief admin officer |
2023-03-03 | STUEWE RANDALL C | acquired | 1,219,450 | 16.53 | 73,772 | chairman and ceo |
2023-03-03 | Kloosterboer Dirk | sold | -640,100 | 64.01 | -10,000 | - |
2023-03-03 | STUEWE RANDALL C | sold (taxes) | -2,594,870 | 63.91 | -40,602 | chairman and ceo |
2023-03-02 | Elrod Rick A | acquired | - | - | 26,214 | evp - darling us rendering ops |
2023-03-02 | van der Velden Jan | sold (taxes) | -804,378 | 62.7 | -12,829 | evp - rendering & specialties |
2023-03-02 | Bullock John | sold (taxes) | -809,144 | 62.7 | -12,905 | chief strategy officer |
2023-03-02 | Colpaert Jeroen | sold (taxes) | -40,943 | 62.7 | -653 | evp rousselot |
2023-03-02 | van der Velden Jan | acquired | - | - | 25,917 | evp - rendering & specialties |
Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries. The company also collects and transforms various animal by-product streams into useable and specialty ingredients, such as collagen, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings, and hides. In addition, it recovers and converts used cooking oil and animal fats, and residual bakery products into valuable feed and fuel ingredients. Further, the company provides environmental services, including grease trap collection and disposal services to food service establishments. It primarily operates under the Sonac, Dar Pro, Rothsay, Rousselot, Nature Safe, CleanStar, Peptan, Cookie Meal, Bakery Feeds, Ecoson, and Rendac brand names in North America, Europe, China, South America, Australia, and internationally. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.
DAR Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Jan. 01, 2022 | Jan. 02, 2021 | |
| Net sales | $ 6,532,204 | $ 4,741,369 | $ 3,571,923 |
| Costs and expenses: | |||
| Cost of sales and operating expenses | 5,002,609 | 3,499,385 | 2,688,815 |
| Loss/(gain) on sale of assets | (4,494) | (958) | 426 |
| Selling, general and administrative expenses | 436,608 | 391,538 | 378,496 |
| Restructuring Costs and Asset Impairment Charges | 29,666 | 778 | 38,167 |
| Depreciation and amortization | 394,721 | 316,387 | 350,178 |
| Acquisition and integration costs | 16,372 | 1,396 | 0 |
| Total costs and expenses | 5,875,482 | 4,208,526 | 3,456,082 |
| Equity In net income of Diamond Green Diesel | 372,346 | 351,627 | 315,095 |
| Operating income | 1,029,068 | 884,470 | 430,936 |
| Other expense: | |||
| Interest expense | (125,566) | (62,077) | (72,686) |
| Foreign currency losses | (11,277) | (2,199) | (2,290) |
| Other expense, net | (3,609) | (4,551) | (5,534) |
| Total other expense | (140,452) | (68,827) | (80,510) |
| Equity in net income of other unconsolidated subsidiaries | 5,102 | 5,753 | 3,193 |
| Income before income taxes | 893,718 | 821,396 | 353,619 |
| Income tax expense | 146,626 | 164,106 | 53,289 |
| Net income | 747,092 | 657,290 | 300,330 |
| Net income attributable to noncontrolling interests | (9,402) | (6,376) | (3,511) |
| Net income attributable to Darling | $ 737,690 | $ 650,914 | $ 296,819 |
| Net income per share: | |||
| Basic (in dollars per share) | $ 4.58 | $ 4.01 | $ 1.83 |
| Diluted (in dollars per share) | $ 4.49 | $ 3.90 | $ 1.78 |
DAR Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Jan. 01, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 127,016 | $ 68,906 |
| Restricted cash | 315 | 166 |
| Accounts receivable, less allowance for bad debts of $11,889 at December 31, 2022 and $8,196 at January 1, 2022 | 676,573 | 469,092 |
| Inventories | 673,621 | 457,465 |
| Prepaid expenses | 85,665 | 53,711 |
| Income taxes refundable | 18,583 | 1,075 |
| Other current assets | 56,324 | 38,599 |
| Total current assets | 1,638,097 | 1,089,014 |
| Property, plant and equipment, net | 2,462,082 | 1,840,080 |
| Intangible assets, net | 865,122 | 397,801 |
| Goodwill | 1,970,377 | 1,219,116 |
| Investment in unconsolidated subsidiaries | 1,926,395 | 1,349,247 |
| Operating right-of-use assets, net | 186,141 | 155,464 |
| Other assets | 136,268 | 66,795 |
| Deferred income taxes | 17,888 | 16,211 |
| Total assets | 9,202,370 | 6,133,728 |
| Current liabilities: | ||
| Current portion of long-term debt | 69,846 | 24,407 |
| Accounts payable, principally trade | 472,491 | 307,118 |
| Income taxes payable | 44,851 | 32,310 |
| Operating lease liability, current | 49,232 | 38,168 |
| Accrued expenses | 432,023 | 350,681 |
| Total current liabilities | 1,068,443 | 752,684 |
| Long-term debt, net of current portion | 3,314,969 | 1,438,974 |
| Operating lease liability, non-current | 141,703 | 120,314 |
| Other noncurrent liabilities | 298,933 | 111,029 |
| Deferred income taxes | 481,832 | 362,942 |
| Total liabilities | 5,305,880 | 2,785,943 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, $0.01 par value; 250,000,000 shares authorized, 173,593,099 and 171,734,603 shares issued at December 31, 2022 and January 1, 2022, respectively | 1,736 | 1,717 |
| Additional paid-in capital | 1,660,084 | 1,627,816 |
| Treasury stock, at cost; 13,623,503 and 10,942,599 shares at December 31, 2022 and January 1, 2022, respectively | (554,451) | (374,721) |
| Accumulated other comprehensive loss | (383,874) | (321,690) |
| Retained earnings | 3,085,528 | 2,347,838 |
| Total Darling's stockholders’ equity | 3,809,023 | 3,280,960 |
| Noncontrolling interests | 87,467 | 66,825 |
| Total stockholders’ equity | 3,896,490 | 3,347,785 |
| Total liabilities and stockholders' equity | $ 9,202,370 | $ 6,133,728 |
| Common stock, par value (in usd per share) | $ 0.01 | $ 0.01 |
| Common stock, shares authorized (in shares) | 250,000,000 | 250,000,000 |