Company Quick10K Filing
Darling Ingredients
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 169 $3,374
10-Q 2019-11-06 Quarter: 2019-09-28
10-Q 2019-08-07 Quarter: 2019-06-29
10-Q 2019-05-08 Quarter: 2019-03-30
10-K 2019-02-27 Annual: 2018-12-29
10-Q 2018-11-06 Quarter: 2018-09-29
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-30
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-07-01
10-Q 2017-05-11 Quarter: 2017-04-01
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-11-10 Quarter: 2016-10-01
10-Q 2016-08-11 Quarter: 2016-07-02
10-Q 2016-05-12 Quarter: 2016-04-02
10-K 2016-03-01 Annual: 2016-01-02
10-Q 2015-11-12 Quarter: 2015-10-03
10-Q 2015-08-13 Quarter: 2015-07-04
10-Q 2015-05-14 Quarter: 2015-04-04
10-K 2015-03-04 Annual: 2015-01-03
10-Q 2014-11-06 Quarter: 2014-09-27
10-Q 2014-08-07 Quarter: 2014-06-28
10-Q 2014-05-08 Quarter: 2014-03-29
10-K 2014-02-26 Annual: 2013-12-28
10-Q 2013-11-07 Quarter: 2013-09-28
10-Q 2013-08-08 Quarter: 2013-06-29
10-Q 2013-05-09 Quarter: 2013-03-30
10-K 2013-02-27 Annual: 2012-12-29
10-Q 2012-11-08 Quarter: 2012-09-29
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-10-01
10-Q 2011-08-11 Quarter: 2011-07-02
10-Q 2011-05-12 Quarter: 2011-04-02
10-K 2011-03-02 Annual: 2011-01-01
10-Q 2010-11-10 Quarter: 2010-10-02
10-Q 2010-08-12 Quarter: 2010-07-03
10-Q 2010-05-13 Quarter: 2010-04-03
10-K 2010-03-03 Annual: 2010-01-02
8-K 2020-01-15 Regulation FD, Exhibits
8-K 2020-01-02 Other Events, Exhibits
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-09-09 Other Events, Exhibits
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-05-14 Regulation FD, Exhibits
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-05-07 Shareholder Vote
8-K 2019-05-01 Enter Agreement, Exhibits
8-K 2019-04-02 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-03-28 Other Events, Exhibits
8-K 2019-03-27 Other Events, Exhibits
8-K 2019-03-19 Regulation FD, Exhibits
8-K 2019-02-27 Earnings, Exhibits
8-K 2018-11-07 Other Events, Exhibits
8-K 2018-11-05 Officers, Exhibits
8-K 2018-11-05 Earnings, Other Events, Exhibits
8-K 2018-10-11 Regulation FD, Exhibits
8-K 2018-10-05 Other Events, Exhibits
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-05-21 Other Events, Exhibits
8-K 2018-05-16 Regulation FD, Exhibits
8-K 2018-05-09 Earnings, Exhibits
8-K 2018-05-08 Shareholder Vote
8-K 2018-05-02 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2018-04-25 Other Events, Exhibits
8-K 2018-04-23 Other Events, Exhibits
8-K 2018-02-27 Earnings, Exhibits
8-K 2018-01-15 Officers, Exhibits

Darling Ingredients Financials

DAR Metrics, Comps, Filings

Annual | Quarterly

Business

Founded by the Swift meat packing interests and the Darling family in 1882, Darling Ingredients Inc. ("Darling", and together with its subsidiaries, the "Company" or "we," "us" or "our") was incorporated in Delaware in 1962 under the name "Darling-Delaware Company, Inc." Darling changed its name from "Darling-Delaware Company, Inc." to "Darling International Inc." on December 28, 1993, and from "Darling International Inc." to "Darling Ingredients Inc." on May 6, 2014. The address of Darling's principal executive office is 251 O'Connor Ridge Boulevard, Suite 300, Irving, Texas, 75038, and its telephone number at this address is (972) 717-0300.

We are a global developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a wide range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries. With operations on five continents, the Company collects and transforms all aspects of 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 feedstocks, green energy, natural casings and hides. The Company also recovers and converts recycled oils (used cooking oil and animal fats) into valuable feed and fuel ingredients, and collects and processes residual bakery products into feed ingredients. In addition, the Company provides environmental services, such as grease trap collection and disposal services to food service establishments. In fiscal 2018, the Company generated $3.4 billion in revenues and $101.5 million in net income attributable to Darling.

We are a leading provider of animal by-product processing, used cooking oil and bakery residual recycling and recovery solutions to the U.S. food industry. We operate over 135 processing and transfer facilities in the United States to produce finished products such as protein (primarily meat and bone meal ("MBM") and poultry meal ("PM")), meat products for the pet food industry, blood products (plasma and whole blood), collagen, fats (primarily bleachable fancy tallow ("BFT"), poultry grease ("PG") and yellow grease ("YG")), bakery by-products ("BBP") and hides, as well as a range of branded and value-added products. Darling sells these products in North America and throughout the world, primarily to producers of animal feed, pet food, biodiesel, fertilizer and other consumer and industrial ingredients, including oleo-chemicals, soaps and leather goods, for use as ingredients in their products or for further processing. In the United States, Darling operates a biodiesel facility and is a partner with Valero Energy Corporation in Diamond Green Diesel, a renewable diesel facility, both of which convert used cooking oils into valuable biofuel products. In Canada, the Company operates under the name Rothsay, which is a leading recycler of animal by-products and producer of biodiesel. Rothsay processes raw materials into finished fat and protein products for use in animal feed, pet food, biodiesel, fertilizer and other ingredients and manufactures biodiesel for domestic and international markets. Rothsay has a network of five rendering plants in Manitoba, Ontario and Nova Scotia and a biodiesel operation in Quebec.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Ingredion (INGR) 5,606 23% 9.1 7% 5,998 3,402 5,730 1,299 401 801 7,255
Flowers Foods (FLO) 4,879 0% 13.9 6% 3,220 1,926 4,044 0 179 414 5,768
Lancaster Colony (LANC) 4,047 25% 16.4 17% 905 179 1,308 326 151 235 3,850
Darling Ingredients (DAR) 3,374 22% 11.2 2% 5,037 2,630 3,328 721 88 440 4,927
Treehouse Foods (THS) 3,069 16% 39.2 -4% 5,593 3,610 5,427 881 -206 136 5,317
Nomad Foods (NOMD) 2,910 0% 5,341 3,282 0 0 0 0 2,910
Hain Celestial Group (HAIN) 2,213 19% -21.8 -7% 2,583 1,063 2,302 445 -183 -129 2,812
Freshpet (FRPT) 1,825 46% 228.9 -4% 181 64 217 100 -7 8 1,849
Medifast (MED) 1,574 76% 15.3 34% 213 87 638 482 72 96 1,477
Hostess Brands (TWNK) 1,562 32% 14.3 2% 3,069 1,499 890 288 71 165 2,358
B&G Foods (BGS) 1,362 21% 12.1 6% 3,172 2,303 1,665 345 179 261 3,157
Landec (LNDC) 277 14% 21.8 0% 519 249 558 80 0 17 373
Seneca Foods (SENEA) 243 3% 9.6 2% 925 511 1,220 42 16 49 473
Farmer Brothers (FARM) 224 30% 22.6 -17% 425 267 596 179 -74 10 217
Simplicity Bancorp (SMPL) 120 1.6 1% 863 725 0 0 5 16 25
Ricebran (RIBT) 101 6% -9.8 -27% 41 9 23 1 -11 -10 94
Dean Foods (DF) 87 20% -4.5 -18% 2,322 2,138 7,462 1,527 -413 -233 1,050
Farmmi (FAMI) 64 0% 22 3 0 0 0 0 60
Lifeway Foods (LWAY) 60 24% -214.2 -7% 58 15 95 23 -4 -0 57
Future Fintech Group (FTFT) 41 -934% -0.4 -252% 66 142 0 -0 -167 -168 73

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1929700061070
Accounts Receivable87969816-545-20697392386
Inventory46516500086358341
PP&E39312001,048002331,6461,688
Assets1,382-1,543662,089-7,640-7,0853,0844,9584,889
Accounts Payable70605421-512-19018217219
Long-Term Debt7102802878872,1521,9601,7751,7411,697
Liabilities918-257142-1,831-1,033522,6312,554
Stockholders' Equity46492065-2,204-5,8091,8711,9732,2452,273
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue72527141,232-284-2015023,6623,388
Cost of Revenue532-191-188531-284-2011,0862,8762,647
Gross Profit19321920370100-584786741
R&D
SG&A68007600131347309
Tax26-0-15528-323-6912
Net Income44147-1-105-224-198107133106
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating8218418668002411399
Cash Investing-784-84-611,0353,366160-284-342
Cash Financing653-137-0-1,035-3,366-160-155-48