Last 7 days
-8.7%
Last 30 days
-12.2%
Last 90 days
-6.1%
Trailing 12 Months
-25.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-01 | Bullock John | sold | -711,178 | 61.67 | -11,532 | evp chief strategy officer |
2023-09-01 | Bullock John | sold (taxes) | -1,494,880 | 61.67 | -24,240 | evp chief strategy officer |
2023-09-01 | STUEWE RANDALL C | sold | -6,243,000 | 62.43 | -100,000 | chairman and ceo |
2023-09-01 | Bullock John | acquired | 1,033,450 | 28.89 | 35,772 | evp chief strategy officer |
2023-08-30 | Bullock John | sold | -892,216 | 63.13 | -14,133 | evp chief strategy officer |
2023-08-30 | Bullock John | acquired | 733,236 | 21.00 | 34,916 | evp chief strategy officer |
2023-08-30 | Bullock John | sold (taxes) | -1,312,030 | 63.13 | -20,783 | evp chief strategy officer |
2023-08-25 | McNutt Patrick | sold (taxes) | -37,057 | 60.06 | -617 | evp chief admin officer |
2023-08-25 | McNutt Patrick | acquired | 27,974 | 25.9743 | 1,077 | evp chief admin officer |
2023-08-16 | Bullock John | gifted | - | - | -5,000 | evp chief strategy officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 862 | 10,206 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -15.1 | -140,520 | 1,792,750 | 0.19% |
2023-08-21 | VitalStone Financial, LLC | new | - | 1,000 | 1,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.54 | 1,003,450 | 16,536,900 | 0.02% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.26 | 306,000 | 1,809,000 | 0.02% |
2023-08-21 | VisionPoint Advisory Group, LLC | reduced | -97.75 | -1,670,150 | 44,527 | 0.02% |
2023-08-21 | BOKF, NA | reduced | -97.01 | -422,543 | 14,289 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 1.05 | 311,360 | 3,318,000 | 0.01% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -23.33 | -6,157,790 | 31,726,200 | 0.01% |
2023-08-16 | CASTLEARK MANAGEMENT LLC | reduced | -50.11 | -115,616 | 138,424 | 0.01% |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 05, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 4 | Insider Trading | |
Aug 28, 2023 | 4 | Insider Trading | |
Aug 21, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 17, 2023 | 4 | Insider Trading | |
Aug 16, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 10, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 09, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GIS | 47.8B | 20.1B | -6.17% | -12.51% | 16.42 | 2.47 | 5.80% | -4.19% |
ADM | 43.1B | 99.9B | -4.50% | -8.54% | 10.4 | 0.43 | 5.85% | 15.26% |
BG | 17.0B | 63.8B | 0.30% | 25.26% | 8.63 | 0.27 | -1.26% | 10.80% |
MID-CAP | ||||||||
DAR | 10.4B | 7.1B | -12.16% | -25.63% | 14.05 | 1.49 | 28.15% | 13.60% |
INGR | 6.6B | 8.2B | -0.25% | 19.18% | 11.5 | 0.8 | 10.22% | 25.60% |
POST | 5.4B | 6.6B | -0.50% | 0.78% | 16.9 | 0.82 | 17.71% | -54.53% |
FRPT | 3.5B | 668.0M | -8.60% | 78.30% | -55.33 | 5.23 | 33.17% | -27.58% |
JJSF | 3.2B | 1.5B | 2.25% | 18.85% | 49.03 | 2.13 | 16.27% | 34.83% |
TR | 2.1B | 725.1M | -7.87% | -12.47% | 26.56 | 2.93 | 13.98% | 16.38% |
SMALL-CAP | ||||||||
LWAY | 180.9M | 151.1M | 48.02% | 112.84% | 31.83 | 1.2 | 17.95% | 1565.21% |
BRID | 98.5M | 253.6M | -8.67% | -26.44% | 22.28 | 0.39 | -3.31% | -88.55% |
FARM | 51.0M | 340.0M | 11.29% | -46.92% | -0.64 | 0.15 | -27.54% | -405.59% |
RMCF | 30.7M | 29.0M | -6.51% | -25.50% | -4.8 | 1.06 | 0.85% | -516.46% |
RIBT | 3.1M | 36.4M | -35.34% | -75.01% | -0.19 | 0.08 | 13.44% | -36.80% |
10.2%
23.4%
24.3%
16.9%
65.8%
44.2%
18.9%
Y-axis is the maximum loss one would have experienced if Darling Ingredients was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.5% | 7,064 | 6,957 | 6,532 | 6,074 | 5,513 | 5,061 | 4,741 | 4,451 | 4,116 | 3,766 | 3,572 | 3,412 | 3,403 | 3,382 | 3,364 | 3,358 | 3,328 | 3,347 | 3,388 | 3,487 | 3,611 |
Costs and Expenses | 2.7% | 6,469 | 6,300 | 5,875 | 5,402 | 4,853 | 4,464 | 4,209 | 4,048 | 3,828 | 3,578 | 3,456 | 3,284 | 3,284 | 3,270 | 3,253 | 3,246 | 3,226 | 3,260 | 3,293 | 3,379 | 3,487 |
S&GA Expenses | 6.2% | 499 | 470 | 437 | 413 | 405 | 396 | 392 | 396 | 389 | 380 | 378 | 385 | 379 | 370 | 359 | 326 | 310 | 307 | 309 | 323 | 338 |
EBITDA | -100.0% | - | 1,451 | 1,414 | - | 1,186 | 1,235 | 1,200 | 1,080 | 1,005 | 845 | 776 | 985 | 911 | 854 | 785 | 553 | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.21* | 0.22* | - | 0.22* | 0.24* | 0.25* | 0.24* | 0.24* | 0.22* | 0.22* | 0.29* | 0.27* | 0.25* | 0.23* | 0.16* | - | - | - | - | - |
Interest Expenses | - | - | - | 126 | - | - | - | 62.00 | 66.00 | 68.00 | 70.00 | 73.00 | 68.00 | 69.00 | 63.00 | 79.00 | 77.00 | 92.00 | 89.00 | 86.00 | 89.00 | 93.00 |
Earnings Before Taxes | 4.9% | 937 | 894 | 894 | 892 | 855 | 856 | 821 | 682 | 598 | 431 | 354 | 576 | 508 | 460 | 380 | 152 | 107 | 41.00 | 118 | 90.00 | 111 |
EBT Margin | -100.0% | - | 0.13* | 0.14* | 0.15* | 0.16* | 0.17* | 0.17* | 0.15* | 0.15* | 0.11* | 0.10* | 0.17* | 0.15* | 0.14* | 0.11* | - | - | - | - | - | - |
Net Income | 6.8% | 790 | 739 | 738 | 740 | 695 | 691 | 651 | 543 | 497 | 366 | 298 | 496 | 421 | 381 | 313 | 111 | 79.00 | 22.00 | 101 | 167 | 180 |
Net Income Margin | -100.0% | - | 0.11* | 0.11* | 0.12* | 0.09* | 0.14* | 0.14* | 0.12* | 0.12* | 0.10* | 0.08* | 0.15* | 0.12* | 0.11* | 0.09* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 459 | 422 | - | 768 | 444 | 430 | - | - | 449 | 345 | 211 | 112 | -10.93 | 3.00 | 140 | 103 | 98.00 | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.0% | 10,973 | 10,861 | 9,202 | 8,809 | 8,027 | 6,616 | 6,134 | 5,926 | 5,833 | 5,591 | 5,613 | 5,381 | 5,327 | 5,378 | 5,345 | 4,945 | 5,037 | 4,995 | 4,889 | 4,805 | 4,857 |
Current Assets | -1.4% | 1,876 | 1,903 | 1,638 | 1,562 | 1,462 | 1,259 | 1,089 | 1,104 | 1,023 | 941 | 987 | 931 | 931 | 930 | 917 | 854 | 867 | 871 | 898 | 878 | 918 |
Cash Equivalents | -15.9% | 112 | 133 | 127 | 126 | 147 | 100 | 69.00 | 67.00 | 78.00 | 71.00 | 82.00 | 66.00 | 76.00 | 76.00 | 73.00 | 69.00 | 87.00 | 96.00 | 107 | 82.00 | 104 |
Inventory | -0.4% | 825 | 829 | 674 | 642 | 578 | 492 | 457 | 476 | 428 | 421 | 406 | 407 | 395 | 381 | 363 | 353 | 348 | 340 | 341 | 362 | 371 |
Net PPE | 2.3% | 2,775 | 2,713 | 2,462 | 2,346 | 2,237 | 1,868 | 1,840 | 1,835 | 1,847 | 1,822 | 1,864 | 1,789 | 1,773 | 1,764 | 1,802 | 1,715 | 1,722 | 1,692 | 1,688 | 1,631 | 1,624 |
Goodwill | 306.9% | 2,566 | 631 | 1,970 | 1,900 | 1,556 | 1,237 | 1,219 | 1,232 | 1,246 | 1,241 | 1,260 | 1,239 | 1,217 | 1,203 | 1,223 | 1,212 | 1,233 | 1,222 | 1,229 | 8.00 | - |
Liabilities | -3.2% | 6,523 | 6,740 | 5,306 | 5,140 | 4,460 | 3,120 | 2,786 | 2,656 | 2,650 | 2,562 | 2,659 | 2,546 | 2,629 | 2,769 | 2,702 | 2,572 | 2,630 | 2,638 | 2,554 | 2,490 | 2,519 |
Current Liabilities | -7.8% | 1,014 | 1,099 | 1,068 | 1,028 | 920 | 813 | 753 | 756 | 692 | 638 | 675 | 624 | 606 | 652 | 688 | 596 | 566 | 546 | 540 | 486 | 483 |
Long Term Debt | -2.2% | 4,459 | 4,559 | 3,315 | 3,221 | 2,881 | 1,678 | 1,439 | 1,326 | 1,394 | 1,418 | 1,481 | 1,448 | 1,553 | 1,665 | 1,558 | 1,560 | 1,640 | 1,664 | 1,667 | 1,668 | 1,688 |
Shareholder's Equity | 6.0% | 4,368 | 4,122 | 3,809 | 3,580 | 3,567 | 3,496 | 3,348 | 3,269 | 3,184 | 3,030 | 2,954 | 2,835 | 2,698 | 2,608 | 2,643 | 2,373 | 2,407 | 2,357 | 2,336 | 2,315 | 2,338 |
Retained Earnings | 7.7% | 3,524 | 3,271 | 3,086 | 2,929 | 2,738 | 2,536 | 2,348 | 2,192 | 2,045 | 1,849 | 1,697 | 1,652 | 1,551 | 1,486 | 1,400 | 1,157 | 1,132 | 1,106 | 1,088 | 1,047 | 1,053 |
Additional Paid-In Capital | 0.4% | 1,680 | 1,674 | 1,660 | 1,652 | 1,646 | 1,638 | 1,628 | 1,623 | 1,618 | 1,612 | 1,597 | 1,589 | 1,582 | 1,576 | 1,561 | 1,557 | 1,552 | 1,548 | 1,536 | 1,531 | 1,530 |
Accumulated Depreciation | 4.0% | 2,220 | 2,135 | 2,055 | 1,935 | 1,919 | 1,895 | 1,855 | 1,821 | 1,788 | 1,731 | 1,702 | 1,604 | 1,525 | 1,480 | 1,438 | 1,370 | 1,344 | 1,281 | 1,246 | 1,197 | 1,147 |
Minority Interest | -7.6% | 82.00 | 89.00 | 87.00 | 89.00 | 73.00 | 70.00 | 67.00 | 64.00 | 65.00 | 63.00 | 62.00 | 61.00 | 65.00 | 65.00 | 78.00 | 64.00 | 64.00 | 66.00 | 63.00 | 61.00 | 75.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 1.0% | 858 | 850 | 814 | 891 | 768 | 718 | 704 | 606 | 659 | 729 | 625 | 570 | 472 | 349 | 363 | 462 | 425 | 420 | 399 | 341 | 341 |
Share Based Compensation | -2.7% | 30.00 | 31.00 | 25.00 | 22.00 | 21.00 | 20.00 | 22.00 | 22.00 | 22.00 | 21.00 | 23.00 | 22.00 | 22.00 | 21.00 | 21.00 | 24.00 | 20.00 | 20.00 | 19.00 | 16.00 | 20.00 |
Cashflow From Investing | 36.7% | -2,140 | -3,378 | -2,416 | -2,493 | -1,985 | -720 | -490 | -343 | -314 | -310 | -310 | -290 | -301 | -322 | -338 | -388 | -394 | -366 | -342 | -262 | -254 |
Cashflow From Financing | -49.8% | 1,341 | 2,670 | 1,679 | 1,702 | 1,307 | 41.00 | -221 | -259 | -349 | -428 | -306 | -282 | -171 | -35.67 | -54.88 | -77.78 | -49.83 | -72.55 | -47.58 | -105 | -105 |
Buy Backs | -26.0% | 113 | 152 | 126 | 173 | 158 | 185 | 168 | 98.00 | 76.00 | 55.00 | 55.00 | 118 | 129 | 74.00 | 19.00 | 12.00 | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jul. 01, 2023 | Jul. 02, 2022 | Jul. 01, 2023 | Jul. 02, 2022 | |
Income Statement [Abstract] | ||||
Net sales | $ 1,757,621 | $ 1,650,188 | $ 3,548,793 | $ 3,016,522 |
Costs and expenses: | ||||
Cost of sales and operating expenses | 1,359,702 | 1,231,507 | 2,726,675 | 2,252,084 |
Loss/(gain) on sale of assets | 259 | (1,055) | (68) | (1,444) |
Selling, general and administrative expenses | 136,751 | 107,776 | 272,217 | 209,808 |
Restructuring and asset impairment charges | 896 | 8,557 | 5,420 | 8,557 |
Acquisition and integration costs | 1,706 | 5,358 | 8,728 | 9,131 |
Change in fair value of contingent consideration | (7,499) | 0 | (7,499) | 0 |
Depreciation and amortization | 122,086 | 93,113 | 238,092 | 172,359 |
Total costs and expenses | 1,613,901 | 1,445,256 | 3,243,565 | 2,650,495 |
Equity in net income of Diamond Green Diesel | 212,964 | 73,680 | 307,301 | 145,484 |
Operating income | 356,684 | 278,612 | 612,529 | 511,511 |
Other expense: | ||||
Interest expense | (70,193) | (24,008) | (120,492) | (39,611) |
Foreign currency gain/(loss) | 2,490 | (4,412) | 7,494 | (5,512) |
Other income/(expense), net | 5,079 | (302) | 11,238 | (1,044) |
Total other expense | (62,624) | (28,722) | (101,760) | (46,167) |
Equity in net income of other unconsolidated subsidiaries | 1,849 | 2,272 | 1,969 | 3,632 |
Income before income taxes | 295,909 | 252,162 | 512,738 | 468,976 |
Income tax expense | 40,712 | 47,333 | 67,686 | 73,416 |
Net income | 255,197 | 204,829 | 445,052 | 395,560 |
Net income attributable to noncontrolling interests | (2,814) | (2,833) | (6,868) | (5,511) |
Net income attributable to Darling | $ 252,383 | $ 201,996 | $ 438,184 | $ 390,049 |
Basic income per share (in dollars per share) | $ 1.58 | $ 1.25 | $ 2.74 | $ 2.41 |
Diluted income per share (in dollars per share) | $ 1.55 | $ 1.23 | $ 2.69 | $ 2.37 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Jul. 01, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 111,541 | $ 127,016 |
Restricted cash | 299 | 315 |
Accounts receivable, less allowance for bad debts of $12,912 at July 1, 2023 and $11,889 at December 31, 2022 | 746,638 | 676,573 |
Inventories | 825,130 | 673,621 |
Prepaid expenses | 116,540 | 85,665 |
Income taxes refundable | 22,621 | 18,583 |
Other current assets | 53,188 | 56,324 |
Total current assets | 1,875,957 | 1,638,097 |
Property, plant and equipment, less accumulated depreciation of $2,219,926 at July 1, 2023 and $2,054,928 at December 31, 2022 | 2,774,526 | 2,462,082 |
Intangible assets, less accumulated amortization of $685,911 at July 1, 2023 and $623,101 at December 31, 2022 | 1,074,604 | 865,122 |
Goodwill | 2,566,169 | 1,970,377 |
Investment in unconsolidated subsidiaries | 2,214,312 | 1,926,395 |
Operating lease right-of-use assets | 196,554 | 186,141 |
Other assets | 246,032 | 136,268 |
Deferred income taxes | 25,085 | 17,888 |
Total assets | 10,973,239 | 9,202,370 |
Current liabilities: | ||
Current portion of long-term debt | 88,085 | 69,846 |
Accounts payable, principally trade | 427,066 | 472,491 |
Income taxes payable | 29,821 | 44,851 |
Current operating lease liabilities | 48,381 | 49,232 |
Accrued expenses | 420,196 | 432,023 |
Total current liabilities | 1,013,549 | 1,068,443 |
Long-term debt, net of current portion | 4,458,797 | 3,314,969 |
Long-term operating lease liabilities | 149,165 | 141,703 |
Other non-current liabilities | 339,270 | 298,933 |
Deferred income taxes | 561,895 | 481,832 |
Total liabilities | 6,522,676 | 5,305,880 |
Commitments and contingencies | ||
Stockholders’ equity: | ||
Common stock, $0.01 par value; 250,000,000 shares authorized; 174,317,233 and 173,593,099 shares issued at July 1, 2023 and December 31, 2022, respectively | 1,743 | 1,736 |
Additional paid-in capital | 1,680,188 | 1,660,084 |
Treasury stock, at cost; 14,827,327 and 13,623,503 shares at July 1, 2023 and December 31, 2022, respectively | (624,852) | (554,451) |
Accumulated other comprehensive loss | (212,561) | (383,874) |
Retained earnings | 3,523,712 | 3,085,528 |
Total Darling's stockholders’ equity | 4,368,230 | 3,809,023 |
Noncontrolling interests | 82,333 | 87,467 |
Total stockholders' equity | 4,450,563 | 3,896,490 |
Total liabilities and stockholders' equity | $ 10,973,239 | $ 9,202,370 |