Darling Ingredients Inc. (DAR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.65B | 1.55B | 1.5B | 1.5B | 1.45B | 1.44B | 1.5B | 1.51B | 1.62B | 1.86B | 1.84B | 1.88B | 1.9B | 1.64B | 1.56B | 1.46B | 1.26B | 1.09B | 1.1B | 1.02B |
| Cash & Short-Term Investments | 138.23M | 88.67M | 91.49M | 94.58M | 81.47M | 75.97M | 114.78M | 121.59M | 145.47M | 126.5M | 118.98M | 111.54M | 132.57M | 127.02M | 126.03M | 146.73M | 99.46M | 68.91M | 67.19M | 77.74M |
| Cash Only | 138.23M | 88.67M | 91.49M | 94.58M | 81.47M | 75.97M | 114.78M | 121.59M | 145.47M | 126.5M | 118.98M | 111.54M | 132.57M | 127.02M | 126.03M | 146.73M | 99.46M | 68.91M | 67.19M | 77.74M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 644.35M | 651.49M | 644.08M | 639.15M | 622.2M | 625.65M | 616.72M | 611.31M | 656.4M | 821.89M | 761.27M | 769.26M | 770.89M | 676.57M | 669.82M | 574.73M | 542.83M | 470.17M | 482.63M | 436.08M |
| Days Sales Outstanding | 38.02 | 36.93 | 37.39 | 38.77 | 39.87 | 41.19 | 39.3 | 39.64 | 46.84 | 45.12 | 42.85 | 39.87 | 36.77 | 34.65 | 32.4 | 30.81 | 34.1 | 32.73 | 35.25 | 31.32 |
| Inventory | 577.57M | 527.74M | 622.32M | 605.33M | 595.41M | 576.84M | 617.85M | 627.69M | 687.49M | 758.74M | 822.76M | 825.13M | 828.79M | 673.62M | 641.98M | 578.4M | 491.69M | 457.46M | 476.3M | 428.2M |
| Days Inventory Outstanding | 39.39 | 39.67 | 42.95 | 43.47 | 43.19 | 51.8 | 51.13 | 53.03 | 58.28 | 61.77 | 60.53 | 55.35 | 50.01 | 43.4 | 40.49 | 39.54 | 42.78 | 42.49 | 47.88 | 43.99 |
| Other Current Assets | 189.08M | 200.29M | 55.76M | 75.82M | 65.72M | 79.69M | 62.96M | 58.23M | 32.33M | 42.88M | 38.42M | 53.49M | 61.53M | 75.22M | 43.91M | 84.9M | 64.49M | 38.77M | 13.89M | 21.91M |
| Total Non-Current Assets | 8.99B | 8.75B | 8.95B | 8.78B | 8.58B | 8.63B | 9.08B | 9.11B | 9.32B | 9.21B | 8.97B | 9.1B | 8.96B | 7.56B | 7.25B | 6.56B | 5.36B | 5.04B | 4.82B | 4.81B |
| Property, Plant & Equipment | 3.01B | 3.02B | 3.02B | 3.02B | 2.96B | 2.92B | 3.07B | 3.05B | 3.13B | 3.14B | 3B | 2.97B | 2.9B | 2.65B | 2.52B | 2.41B | 2.03B | 2B | 2B | 2.01B |
| Fixed Asset Turnover | 0.51x | 0.57x | 0.52x | 0.50x | 0.47x | 0.47x | 0.46x | 0.47x | 0.45x | 0.53x | 0.54x | 0.60x | 0.65x | 0.68x | 0.71x | 0.74x | 0.68x | 0.66x | 0.59x | 0.60x |
| Goodwill | 2.49B | 2.46B | 2.5B | 2.48B | 2.39B | 2.32B | 2.46B | 2.42B | 2.5B | 2.48B | 2.45B | 2.57B | 2.59B | 1.97B | 1.9B | 1.56B | 1.24B | 1.22B | 1.23B | 1.25B |
| Intangible Assets | 832.11M | 845M | 881.45M | 898.82M | 898.05M | 898.41M | 977.36M | 992.53M | 1.06B | 1.08B | 1.09B | 1.07B | 1.09B | 865.12M | 873.61M | 760.08M | 409.63M | 397.8M | 417.41M | 439.04M |
| Long-Term Investments | 2.47B | 2.21B | 2.32B | 2.16B | 2.11B | 2.26B | 2.33B | 2.42B | 2.38B | 2.25B | 2.16B | 2.21B | 2.13B | 1.93B | 1.81B | 1.74B | 1.56B | 1.35B | 1.11B | 1.04B |
| Other Non-Current Assets | 167.85M | 190.18M | 209.77M | 205.28M | 203.15M | 199.59M | 222.13M | 182.81M | 246.56M | 234.96M | 238.05M | 246.03M | 231.96M | 136.27M | 122.67M | 81.89M | 97.71M | 66.8M | 53.89M | 61M |
| Total Assets | 10.64B | 10.3B | 10.45B | 10.27B | 10.03B | 10.07B | 10.57B | 10.62B | 10.94B | 11.06B | 10.81B | 10.97B | 10.86B | 9.2B | 8.81B | 8.03B | 6.62B | 6.13B | 5.93B | 5.83B |
| Asset Turnover | 0.15x | 0.17x | 0.15x | 0.15x | 0.14x | 0.14x | 0.13x | 0.13x | 0.13x | 0.15x | 0.15x | 0.16x | 0.18x | 0.20x | 0.21x | 0.23x | 0.21x | 0.22x | 0.20x | 0.21x |
| Asset Growth % | 6.07% | 2.27% | -1.14% | -3.25% | -8.32% | -8.96% | -2.2% | -3.21% | 0.75% | 20.2% | 22.72% | 36.71% | 64.17% | 50.03% | 48.65% | 37.6% | 18.32% | 9.27% | 10.12% | 9.5% |
| Total Current Liabilities | 1.04B | 1.03B | 1.01B | 996.7M | 1.04B | 1.04B | 1.06B | 963.06M | 967.29M | 998.14M | 1.03B | 1.01B | 1.1B | 1.07B | 1.03B | 919.83M | 813.41M | 752.68M | 756.2M | 692.21M |
| Accounts Payable | 356.21M | 371.08M | 374.8M | 365.74M | 348.48M | 348.7M | 331.69M | 349.52M | 343.39M | 425.59M | 394.75M | 427.07M | 433.85M | 472.49M | 398.18M | 414.58M | 351.25M | 307.12M | 272.84M | 264.45M |
| Days Payables Outstanding | 25.92 | 25.73 | 25.91 | 25.86 | 25.69 | 29.5 | 27.97 | 27.94 | 30.99 | 32.04 | 30.19 | 28.81 | 30.17 | 28.72 | 26.97 | 28.3 | 29.67 | 26.39 | 28.44 | 26.43 |
| Short-Term Debt | 137.85M | 75.22M | 76.91M | 51.64M | 116.63M | 133.02M | 114.33M | 92.26M | 103.08M | 56.35M | 73.86M | 88.08M | 118.8M | 69.85M | 63.66M | 32.7M | 35.34M | 24.41M | 55.14M | 41.6M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 390.47M | 195.4M | 164.3M | 140.31M | 76.04M | 139.01M | 144.88M | 128.67M | 140.58M | 284.64M | 0 | 285.52M | 337.83M | 0 | 353.36M | 320.89M | 0 | 0 | 275.19M | 248.44M |
| Current Ratio | 1.58x | 1.50x | 1.49x | 1.50x | 1.40x | 1.38x | 1.41x | 1.57x | 1.67x | 1.86x | 1.78x | 1.85x | 1.73x | 1.53x | 1.52x | 1.59x | 1.55x | 1.45x | 1.46x | 1.48x |
| Quick Ratio | 1.03x | 0.99x | 0.87x | 0.89x | 0.83x | 0.83x | 0.83x | 0.91x | 0.96x | 1.10x | 0.99x | 1.04x | 0.98x | 0.90x | 0.90x | 0.96x | 0.94x | 0.84x | 0.83x | 0.86x |
| Cash Conversion Cycle | 51.49 | 50.88 | 54.43 | 56.38 | 57.38 | 63.49 | 62.46 | 64.73 | 74.13 | 74.85 | 73.19 | 66.41 | 56.61 | 49.33 | 45.93 | 42.06 | 47.21 | 48.83 | 54.69 | 48.87 |
| Total Non-Current Liabilities | 4.66B | 4.45B | 4.67B | 4.59B | 4.46B | 4.56B | 4.88B | 5.11B | 5.29B | 5.37B | 5.31B | 5.51B | 5.64B | 4.24B | 4.11B | 3.54B | 2.31B | 2.03B | 1.9B | 1.96B |
| Long-Term Debt | 4.05B | 3.86B | 4.03B | 3.93B | 3.8B | 3.91B | 4.13B | 4.32B | 4.36B | 4.37B | 4.34B | 4.46B | 4.56B | 3.31B | 3.22B | 2.88B | 1.68B | 1.44B | 1.33B | 1.39B |
| Capital Lease Obligations | 158.46M | 166.08M | 169.45M | 169.8M | 158.4M | 157.6M | 158.45M | 156.45M | 161.3M | 154.9M | 154.86M | 149.16M | 144.6M | 141.7M | 133.18M | 133.66M | 125.24M | 120.31M | 123.17M | 126.53M |
| Deferred Tax Liabilities | 269.87M | 240.56M | 270.89M | 283.34M | 289.43M | 293.02M | 374.53M | 400.98M | 464.41M | 498.17M | 502.78M | 561.89M | 522.73M | 481.83M | 461.81M | 397.14M | 393.74M | 362.94M | 335.57M | 321.47M |
| Other Non-Current Liabilities | 178M | 189.45M | 206.19M | 203.61M | 207.8M | 208.35M | 211.01M | 240.42M | 303.93M | 349.81M | 313.89M | 339.27M | 414.54M | 298.93M | 296.07M | 128.4M | 109.65M | 111.03M | 115.81M | 115.51M |
| Total Liabilities | 5.7B | 5.49B | 5.68B | 5.58B | 5.5B | 5.61B | 5.94B | 6.08B | 6.26B | 6.37B | 6.34B | 6.52B | 6.74B | 5.31B | 5.14B | 4.46B | 3.12B | 2.79B | 2.66B | 2.65B |
| Total Debt | 4.35B | 4.16B | 4.34B | 4.22B | 4.14B | 4.26B | 4.46B | 4.62B | 4.69B | 4.64B | 4.62B | 4.74B | 4.87B | 3.58B | 3.46B | 3.09B | 1.88B | 1.62B | 1.54B | 1.6B |
| Net Debt | 4.21B | 4.07B | 4.25B | 4.12B | 4.06B | 4.18B | 4.35B | 4.5B | 4.54B | 4.51B | 4.5B | 4.63B | 4.73B | 3.45B | 3.34B | 2.95B | 1.78B | 1.55B | 1.48B | 1.52B |
| Debt / Equity | 0.88x | 0.87x | 0.91x | 0.90x | 0.91x | 0.95x | 0.96x | 1.02x | 1.00x | 0.99x | 1.03x | 1.07x | 1.18x | 0.92x | 0.94x | 0.87x | 0.54x | 0.48x | 0.47x | 0.50x |
| Debt / EBITDA | 16.99x | 14.65x | 18.09x | 21.20x | 23.34x | 16.99x | 24.31x | 16.93x | 17.71x | 15.63x | 15.18x | 9.91x | 13.09x | 9.75x | 9.27x | 8.32x | 6.02x | 5.56x | 5.45x | 4.61x |
| Net Debt / EBITDA | 16.45x | 14.34x | 17.71x | 20.72x | 22.88x | 16.68x | 23.68x | 16.48x | 17.16x | 15.20x | 14.79x | 9.68x | 12.73x | 9.41x | 8.94x | 7.93x | 5.70x | 5.32x | 5.21x | 4.39x |
| Interest Coverage | 4.25x | 1.86x | 1.35x | 1.35x | 0.57x | 2.42x | 1.02x | 2.19x | 2.36x | 2.38x | 2.60x | 5.22x | 5.31x | 5.27x | 6.71x | 11.50x | 14.90x | 14.05x | 13.39x | 17.57x |
| Total Equity | 4.94B | 4.81B | 4.77B | 4.69B | 4.54B | 4.46B | 4.63B | 4.54B | 4.68B | 4.69B | 4.47B | 4.45B | 4.12B | 3.9B | 3.67B | 3.57B | 3.5B | 3.35B | 3.27B | 3.18B |
| Equity Growth % | 9.01% | 7.73% | 2.91% | 3.31% | -3.14% | -4.89% | 3.75% | 2.07% | 13.62% | 20.46% | 21.76% | 24.79% | 17.91% | 16.39% | 12.22% | 12.02% | 15.37% | 13.32% | 15.31% | 17.99% |
| Book Value per Share | 30.70 | 29.98 | 29.82 | 29.38 | 28.58 | 27.72 | 28.79 | 28.09 | 28.92 | 28.99 | 27.50 | 27.41 | 25.31 | 23.83 | 22.42 | 21.65 | 21.24 | 20.13 | 19.60 | 19.00 |
| Total Shareholders' Equity | 4.88B | 4.74B | 4.69B | 4.61B | 4.45B | 4.38B | 4.55B | 4.46B | 4.59B | 4.61B | 4.38B | 4.37B | 4.03B | 3.81B | 3.58B | 3.49B | 3.43B | 3.28B | 3.21B | 3.12B |
| Common Stock | 1.77M | 1.76M | 1.76M | 1.76M | 1.76M | 1.75M | 1.75M | 1.75M | 1.75M | 1.74M | 1.74M | 1.74M | 1.74M | 1.74M | 1.74M | 1.74M | 1.73M | 1.72M | 1.72M | 1.72M |
| Retained Earnings | 4.21B | 4.07B | 4.02B | 4B | 3.99B | 4.01B | 3.91B | 3.89B | 3.81B | 3.73B | 3.65B | 3.52B | 3.27B | 3.09B | 2.93B | 2.74B | 2.54B | 2.35B | 2.19B | 2.05B |
| Treasury Stock | -746.11M | -719.28M | -718.93M | -718.92M | -718.75M | -672.71M | -667.35M | -666.54M | -636.92M | -629.01M | -628.99M | -624.85M | -614.96M | -554.45M | -529.9M | -491.72M | -438.91M | -374.72M | -302.19M | -277.61M |
| Accumulated OCI | -322.41M | -339.19M | -344.74M | -396.26M | -543.75M | -684.24M | -417.88M | -490.67M | -298.46M | -198.35M | -332.41M | -212.56M | -299.21M | -383.87M | -473.14M | -400.91M | -311.37M | -321.69M | -309.35M | -268.75M |
| Minority Interest | 68.15M | 72.6M | 80.29M | 79.77M | 87.34M | 86.48M | 82.88M | 81.66M | 89.86M | 88.26M | 86.27M | 82.33M | 89.06M | 87.47M | 88.7M | 73.06M | 70.37M | 66.83M | 63.71M | 65.23M |