Darling Ingredients (DAR) Ratios
Darling Ingredients Ratios
MX:DAR's free cash flow for Q2 2026 was $404.64M. For the 2026 fiscal year, MX:DAR's free cash flow was decreased by $-128.85M and operating cash flow was $533.50M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.50 | 1.38 | 1.86 | 1.53 | 1.45 |
| Quick Ratio | 0.99 | 0.83 | 1.10 | 0.90 | 0.84 |
| Cash Ratio | 0.09 | 0.07 | 0.13 | 0.12 | 0.09 |
| Solvency Ratio | 0.10 | 0.14 | 0.18 | 0.21 | 0.35 |
| Operating Cash Flow Ratio | 1.02 | 0.80 | 0.90 | 0.76 | 0.94 |
| Short-Term Operating Cash Flow Coverage | 14.09 | 6.31 | 15.96 | 11.65 | 28.86 |
| Net Current Asset Value | $ -3.94B | $ -4.17B | $ -4.51B | $ -3.67B | $ -1.70B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.40 | 0.42 | 0.42 | 0.39 | 0.26 |
| Debt-to-Equity Ratio | 0.88 | 0.97 | 1.01 | 0.94 | 0.49 |
| Debt-to-Capital Ratio | 0.47 | 0.49 | 0.50 | 0.48 | 0.33 |
| Long-Term Debt-to-Capital Ratio | 0.45 | 0.47 | 0.49 | 0.47 | 0.30 |
| Financial Leverage Ratio | 2.17 | 2.30 | 2.40 | 2.42 | 1.87 |
| Debt Service Coverage Ratio | 2.69 | 2.70 | 4.50 | 6.49 | 11.98 |
| Interest Coverage Ratio | 1.77 | 1.84 | 3.66 | 8.20 | 14.25 |
| Debt to Market Cap | 0.66 | 0.76 | 0.55 | 0.34 | 0.13 |
| Interest Debt Per Share | 27.67 | 28.23 | 30.16 | 22.99 | 10.09 |
| Net Debt to EBITDA | 5.14 | 4.16 | 3.05 | 2.44 | 1.29 |
| Profitability Margins | |||||
| Gross Profit Margin | 15.79% | 22.36% | 24.23% | 23.42% | 26.19% |
| EBIT Margin | 4.63% | 8.77% | 14.42% | 15.60% | 18.63% |
| EBITDA Margin | 12.91% | 17.59% | 21.82% | 21.65% | 25.31% |
| Operating Profit Margin | 6.45% | 8.19% | 13.99% | 15.75% | 18.65% |
| Pretax Profit Margin | 0.99% | 4.33% | 10.61% | 13.68% | 17.32% |
| Net Profit Margin | 1.02% | 4.88% | 9.54% | 11.29% | 13.73% |
| Continuous Operations Profit Margin | 1.15% | 5.00% | 9.73% | 11.44% | 13.86% |
| Net Income Per EBT | 102.91% | 112.68% | 89.97% | 82.54% | 79.24% |
| EBT Per EBIT | 15.42% | 52.86% | 75.81% | 86.85% | 92.87% |
| Return on Assets (ROA) | 0.61% | 2.77% | 5.86% | 8.02% | 10.61% |
| Return on Equity (ROE) | 1.33% | 6.37% | 14.06% | 19.37% | 19.84% |
| Return on Capital Employed (ROCE) | 4.27% | 5.19% | 9.44% | 12.65% | 16.44% |
| Return on Invested Capital (ROIC) | 4.21% | 5.08% | 8.56% | 10.42% | 13.00% |
| Return on Tangible Assets | 0.90% | 4.07% | 8.64% | 11.59% | 14.41% |
| Earnings Yield | 1.05% | 5.22% | 8.01% | 7.32% | 5.63% |
| Efficiency Ratios | |||||
| Receivables Turnover | 9.42 | 9.13 | 8.26 | 9.40 | 10.08 |
| Payables Turnover | 13.93 | 12.73 | 12.08 | 10.59 | 11.39 |
| Inventory Turnover | 9.80 | 7.69 | 6.78 | 7.43 | 7.65 |
| Fixed Asset Turnover | 2.03 | 1.95 | 2.16 | 2.47 | 2.38 |
| Asset Turnover | 0.60 | 0.57 | 0.61 | 0.71 | 0.77 |
| Working Capital Turnover Ratio | 13.43 | 9.12 | 9.51 | 14.42 | 14.63 |
| Cash Conversion Cycle | 49.79 | 58.72 | 67.84 | 53.52 | 51.88 |
| Days of Sales Outstanding | 38.73 | 39.96 | 44.19 | 38.84 | 36.19 |
| Days of Inventory Outstanding | 37.25 | 47.45 | 53.85 | 49.15 | 47.72 |
| Days of Payables Outstanding | 26.20 | 28.68 | 30.20 | 34.47 | 32.03 |
| Operating Cycle | 75.98 | 87.41 | 98.04 | 87.99 | 83.91 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.69 | 5.25 | 5.54 | 5.05 | 4.22 |
| Free Cash Flow Per Share | 4.29 | 3.17 | 2.11 | 2.61 | 2.58 |
| Dividend Paid and CapEx Coverage Ratio | 2.79 | 2.52 | 1.61 | 2.07 | 2.57 |
| Capital Expenditure Coverage Ratio | 2.79 | 2.52 | 1.61 | 2.07 | 2.57 |
| Operating Cash Flow Coverage Ratio | 0.25 | 0.20 | 0.19 | 0.23 | 0.43 |
| Operating Cash Flow to Sales Ratio | 0.17 | 0.15 | 0.13 | 0.12 | 0.15 |
| Free Cash Flow Yield | 11.39% | 9.48% | 4.23% | 4.18% | 3.72% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 94.10 | 19.12 | 12.49 | 13.66 | 17.77 |
| Price-to-Sales (P/S) Ratio | 0.97 | 0.94 | 1.19 | 1.54 | 2.44 |
| Price-to-Book (P/B) Ratio | 1.26 | 1.22 | 1.76 | 2.65 | 3.52 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.78 | 10.55 | 23.64 | 23.94 | 26.89 |
| Price-to-Operating Cash Flow Ratio | 5.63 | 6.37 | 9.00 | 12.38 | 16.42 |
| Price-to-Earnings Growth (PEG) Ratio | -1.22 | -0.34 | -1.08 | 0.96 | 0.15 |
| Enterprise Value Multiple | 12.66 | 9.48 | 8.51 | 9.57 | 10.93 |
| Enterprise Value | 10.04B | 9.53B | 12.60B | 13.53B | 13.12B |
| EV to EBITDA | 12.66 | 9.48 | 8.51 | 9.57 | 10.93 |
| EV to Sales | 1.63 | 1.67 | 1.86 | 2.07 | 2.77 |
| EV to Free Cash Flow | 14.78 | 18.80 | 36.82 | 32.13 | 30.50 |
| EV to Operating Cash Flow | 9.47 | 11.35 | 14.01 | 16.62 | 18.62 |
| Tangible Book Value Per Share | 9.50 | 7.78 | 6.98 | 6.59 | 10.37 |
| Shareholders’ Equity Per Share | 29.89 | 27.39 | 28.37 | 23.66 | 19.66 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.15 | -0.15 | 0.08 | 0.16 | 0.20 |
| Revenue Per Share | 38.74 | 35.76 | 41.81 | 40.57 | 28.41 |
| Net Income Per Share | 0.40 | 1.75 | 3.99 | 4.58 | 3.90 |
| Tax Burden | 1.03 | 1.13 | 0.90 | 0.83 | 0.79 |
| Interest Burden | 0.21 | 0.49 | 0.74 | 0.88 | 0.93 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.09 | 0.09 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 16.87 | 2.94 | 1.36 | 1.09 | 1.07 |
Currency in USD