Darling Ingredients Inc. (DAR) Stock

Darling Ingredients Inc. (DAR) is a Consumer Staples stock trading at $65.73 (as of 2026-08-21), with a market capitalization of $10.37B and a trailing P/E of 15.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Darling Ingredients Inc. produces and sells natural ingredients derived from animal by-products and other bio-nutrients, operating through Feed Ingredients, Food Ingredients, and Fuel Ingredients. It serves customers in industries including pharmaceuticals, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer.

Understand Darling Ingredients Inc.: how it makes money

Darling Ingredients Inc. develops, produces, and sells natural ingredients made from animal by-products, and it also produces renewable fuels through its Fuel Ingredients segment, earning money by converting by-streams into feed, food, and fuel ingredient products sold to industrial, food, pet food, feed, and energy customers.

Earnings are structurally tied to (1) how much input Darling processes and converts into saleable ingredients (processing volume across feed, food, and fuel) and (2) the economics within its renewable diesel business at the Diamond Green Diesel joint venture, which shows up in per-gallon EBITDA and per-gallon results for Darling's share.

Revenue by segment (latest quarter)
Feed$1.0B
Food$0.4B
Fuel$0.1B

Business quality (Mixed): The company has three ingredient-focused segments fed by processed animal by-products, but the profit engine appears sensitive to renewable diesel economics and operational stability at Diamond Green Diesel, alongside smaller operating contributions from the Food and (excluding DGD) Fuel ingredients businesses.

Valuation: At 41× earnings, DAR trades 56% above the Food Products average (26×). Note: one-time items can distort reported P/E.

Bull case

  • Diversified ingredient platform across Feed, Food, and Fuel Ingredients: Darling sells customized specialty solutions and ingredient products across multiple end markets, including pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.
  • Scale in processing volumes: Reported Raw Material Processing Volume is 3,800,000 (count), including 3,400,000 (count) in Feed and 350,000 (count) in Food.
  • Material renewable diesel activity through Diamond Green Diesel: Diamond Green Diesel Gallons Produced is 311,000,000 (count), and Diamond Green Diesel Renewable Diesel Gallons Sold is 285,300,000 (count).

Bear case

  • Renewable diesel results can be weak for Darling's share: Diamond Green Diesel Earnings Before Interest, Taxes, Depreciation and Amortization per Gallon (Darling Ingredients' Share) is -0.02 (ratio).
  • Food and non-Diamond Green Diesel fuel operating metrics are smaller: Food Segment Earnings Before Interest, Taxes, Depreciation and Amortization is 0.08 (USD_B), and Fuel Segment Earnings Before Interest, Taxes, Depreciation and Amortization is 0.02 (USD_B).
  • Operational downtime is a potential swing factor: Diamond Green Diesel Unit Two Offline Days is 37 (count).
Valuation — source: SEC EDGAR (first-party)
Price$65.73
Market Cap$10.37B
P/E Ratio15.3
EV / EBITDA6.3
Price / Book1.95
Price / Sales1.62
DCF Value (model)$16.89
DCF Upside vs Price-74.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$6.14B
Net Margin1.0%
Revenue Growth (YoY)7.4%
EPS Growth (YoY)-77.1%
FCF Growth (YoY)34.0%
Financial Health — source: SEC EDGAR
Altman Z-Score2.44 (grey)
Valuation vs Sector & Industry
Stock P/E15.3
Sector P/E (Consumer Staples)26.7
Industry P/E (Food Products)26.1
vs Sector-42.7%
vs Industry-41.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($936.95M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorConsumer Staples
IndustryFood Products
CEORandall C. Stuewe Randy
Employees15,500
CountryUS
IPO Date1994-09-09

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DAR earnings history · DAR institutional & insider holders · DAR KPIs & operating metrics · DAR financials · DAR investor presentations & press releases · DAR SEC filings · DAR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.