The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

DAR

Concerning the House

Darling Ingredients Inc. develops, produces, and sells sustainable natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The Feed Ingredients segment collects and processes animal by-products into non-food grade oils and protein meals; bakery residuals into cookie meal used in poultry and swine rations; used cooking oil into non-food grade fats; and porcine and bovine blood into blood plasma powder and hemoglobin. This segment is also involved in the processing of selected portions of slaughtered animals into pet food, as well as of cattle hides and hog skins; production of organic fertilizers; rearing and processing of black soldier fly larvae into specialty proteins and fats for use in animal feed and pet food; and grease trap collection services to food service establishments. Its Food Ingredients segment engages in the purchase and processing of beef and pork bone chips, beef hides, and pig and fish skins into collagen; collection and processing of porcine and bovine intestines into natural casings; extraction and processing of porcine mucosa into crude heparin; collection and refining of animal fat into food grade fat; and processing of bones to bone chips and bone ash. The Fuel Ingredients segment is involved in the conversion of organic sludge and food waste into biogas; collection and conversion of fallen stock and certain animal by-products into low-grade energy sources; and processing of manure into natural bio-phosphate. It also provides environmental services, including disposal services; and yellow grease, fuel feedstock, and agriculture-based biofuels. The company sells its products under the Rendac, Sonac, FASA, Ecoson, Rousselot, Gelnex, and CTH brands. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.

United States · www.darlingii.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$6.14B+14.5%
Gross profit$1.28B+0.0%
Operating income$468.22M+11.4%
Net income$647.73M+19.6%
Cash from ops$899.26M+16.4%
Quotation

$65.74

+2.31 (+3.6%)

52w hi$65.74
52w lo$29.91
Vol1.50M
As ofAug 13
The Verdict

Hold

Our score +0.10

Short+0.09
Medium+0.02
Long+0.28

computed 2026-08-13

By the Numbers

Darling Ingredients Inc.

Consumer Defensive · Packaged Foods

Market cap$10.37B
Enterprise value$14.08B
Trailing P/E17.67x
Forward P/E10.83x
EV / EBITDA12.49x
P / S (ttm)1.58x
Profit margin9.1%
Return on equity12.1%
Revenue growth+16.4%
Earnings growth+2914.0%
Debt / equity78.61
Risk Metrics
Beta vs SPX0.76
Corr SPX0.30
Annual vol41.0%
Annual ret+37.7%
Sharpe0.92
Max DD-35.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.39
Sector+0.02
Technical+0.11
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$63.14$65.78$63.05$65.741.50M
Aug 12$62.37$63.52$62.01$63.431.60M
Aug 11$62.48$63.60$62.29$62.361.78M
Aug 10$61.84$63.33$60.23$62.832.20M
Aug 7$60.07$60.88$58.77$59.411.89M