← DARLING INGREDIENTS INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.7b |
$3.4b
-7.50%
|
$3.4b
-0.70%
|
$3.6b
+6.18%
|
$3.6b
0.00%
|
$6.5b
+82.88%
|
$6.8b
+3.92%
|
$5.7b
-15.81%
|
$6.1b
+7.36%
|
$6.1b
0.00%
|
$6.5b
+6.73%
|
|
| Total net sales | $3.7b |
$3.4b
-7.50%
|
$3.4b
-0.70%
|
— | $3.6b |
$4.7b
+32.74%
|
$6.8b
+43.17%
|
$5.7b
-15.81%
|
— | $6.1b | — | |
| Cost of Revenue | $2.9b |
$2.6b
-7.95%
|
$2.6b
-2.19%
|
$2.7b
+3.85%
|
$2.7b
0.00%
|
$5.0b
+86.05%
|
$5.1b
+2.81%
|
$4.4b
-13.72%
|
$4.7b
+5.07%
|
$4.7b
0.00%
|
$4.8b
+3.47%
|
|
| Cost of sales and operating expenses | $2.9b |
$2.6b
-7.95%
|
$2.6b
-2.19%
|
— | $2.7b |
$3.5b
+30.15%
|
$5.1b
+46.97%
|
$4.4b
-13.72%
|
— | $4.7b | — | |
| Gross Profit (derived) | $786.4m |
$740.6m
-5.82%
|
$774.8m
+4.61%
|
$883.1m
+13.98%
|
$883.1m
0.00%
|
$1.5b
+73.21%
|
$1.6b
+7.55%
|
$1.3b
-22.32%
|
$1.5b
+15.31%
|
$1.5b
0.00%
|
$1.7b
+17.04%
|
|
| Selling, General and Administrative Expense | $347.5m | $309.3m | $358.5m | $378.5m | $378.5m | $436.6m | $542.5m | $492.1m | $551.2m | $551.2m | $591.5m | |
| Amortization of Intangible Assets | $78.0m | $75.2m | $73.6m | $74.0m | — | $88.7m | $124.8m | $112.2m | $105.0m | — | — | |
| Restructuring and asset impairment charges | $0 | $15.0m | $0 | — | $38.2m | $778k | $18.6m | $5.8m | — | $58.0m | — | |
| Operating Income (Loss) | $136.8m |
$95.2m
-30.40%
|
$475.8m
+399.70%
|
$430.9m
-9.43%
|
$430.9m
0.00%
|
$1.0b
+138.80%
|
$949.7m
-7.71%
|
$468.2m
-50.70%
|
$273.4m
-41.60%
|
$273.4m
0.00%
|
$608.2m
+122.44%
|
|
| Interest Expense | $88.9m | $86.4m | $78.7m | $72.7m | ($72.7m) | $125.6m | $259.2m | ($253.9m) | $222.3m | ($222.3m) | $222.1m | |
| Investment Income, Interest | — | — | — | — | — | — | — | $16.0m | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($6.9m) | ($6.4m) | ($1.3m) | ($2.3m) | — | ($11.3m) | $8.1m | ($1.2m) | ($384k) | — | — | |
| Gain on sale of assets | ($237k) | $709k | ($20.6m) | — | $426k | ($958k) | ($7.4m) | ($4.2m) | — | ($340k) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($42k) | ($47k) | ($66k) | $22k | — | $22k | $58k | $10k | ($5.6m) | — | — | |
| Other Nonoperating Income (Expense) | ($5.3m) | ($7.6m) | ($6.7m) | ($5.5m) | — | ($3.6m) | $16.3m | $22.3m | $468k | — | — | |
| Income (Loss) from Equity Method Investments | $28.5m | $159.2m | $428k | $3.2m | — | $5.1m | $5.0m | $12.0m | $12.8m | — | — | |
| Other income, net | ($5.3m) | ($7.6m) | ($6.7m) | — | ($5.5m) | ($4.6m) | $16.3m | $22.3m | — | $468k | $357.1m | |
| Total other expense | ($101.1m) | ($136.5m) | ($95.8m) | — | ($80.5m) | ($68.8m) | ($234.8m) | ($232.7m) | — | ($225.2m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $179k | $82.1m | $260.9m | $265.9m | — | $551.5m | $399.4m | ($17.1m) | ($165.0m) | — | $743.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $64.2m | $118.0m | $380.4m | $353.6m | $353.6m | $893.7m | $720.0m | $247.5m | $61.0m | $61.0m | $743.3m | |
| Current Income Tax Expense (Benefit) | $31.4m | $27.6m | $37.3m | $38.0m | — | $107.5m | $107.9m | $83.9m | $93.8m | — | $137.0m | |
| Income Tax Expense (Benefit) | ($69.2m) | $12.0m | $59.5m | $53.3m | $53.3m | $146.6m | $59.6m | ($38.3m) | ($9.4m) | ($9.4m) | $137.0m | |
| Equity in net income of Diamond Green Diesel | $28.2m | $159.8m | $364.5m | — | $315.1m | $351.6m | $366.4m | $149.1m | — | ($48.8m) | — | |
| Equity in net income of other unconsolidated subsidiaries | $28.5m | $159.2m | $428k | — | $3.2m | $5.8m | $5.0m | $12.0m | — | $12.8m | — | |
| Net Income (Loss) Attributable to Parent | $128.5m |
$101.5m
-21.00%
|
$312.6m
+207.99%
|
$296.8m
-5.05%
|
$296.8m
0.00%
|
$737.7m
+148.53%
|
$647.7m
-12.20%
|
$278.9m
-56.94%
|
$62.8m
-77.48%
|
$62.8m
0.00%
|
$597.9m
+852.05%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $4.9m | $4.4m | $8.4m | $3.5m | $3.5m | $9.4m | $12.7m | $7.0m | $7.6m | $7.6m | $597.9m | |
| Net income attributable to noncontrolling interests | ($4.9m) | ($4.4m) | ($8.4m) | — | ($3.5m) | ($6.4m) | ($12.7m) | ($7.0m) | — | ($7.6m) | — | |
| Earnings Per Share, Basic | $0.78 | $0.62 | $1.90 | $1.83 | $1.83 | $4.58 | $4.05 | $1.75 | $0.40 | $0.40 | $3.78 | |
| Earnings Per Share, Diluted | $0.77 | $0.60 | $1.86 | $1.78 | $1.78 | $4.49 | $3.99 | $1.73 | $0.39 | $0.39 | $3.72 | |
| Weighted Average Number of Shares Outstanding, Basic | 164.8m | 164.8m | 164.6m | 162.6m | — | 161.0m | 159.9m | 159.5m | 158.5m | — | 158.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 166.7m | 167.9m | 168.4m | 167.2m | — | 164.1m | 162.4m | 161.4m | 160.2m | — | 161.4m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $16.4m | $13.9m | $7.8m | $15.9m | — | — | |
| Costs and Expenses | $3.5b | $3.3b | $3.3b | $3.5b | $3.5b | $5.9b | $6.2b | $5.4b | $5.8b | $5.8b | — | |
| Goodwill, Impairment Loss | — | $461k | — | $31.6m | — | $2.7m | — | — | $19.0m | — | — | |
| Depreciation and amortization | $302.1m | $321.2m | $325.5m | — | $350.2m | $316.4m | $502.0m | $503.8m | — | $508.5m | $524.7m | |
| Acquisition and integration costs | $0 | $0 | — | — | $0 | $1.4m | $13.9m | $7.8m | — | $15.9m | — | |
| Change in fair value of contingent consideration | — | — | — | — | — | $0 | ($7.9m) | ($46.7m) | — | $18.0m | — | |
| Loss on early retirement of debt | $0 | ($23.5m) | ($12.1m) | — | $0 | $0 | $0 | $0 | — | ($3.0m) | — | |
| Foreign currency gain/(loss) | ($6.9m) | ($6.4m) | ($1.3m) | — | ($2.3m) | ($2.2m) | $8.1m | ($1.2m) | — | ($384k) | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | — | — | $1.8m | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.