Darling Ingredients(NYSE) DAR

Darling Ingredients Inc. NYSE:DAR turns food waste and animal scraps into useful ingredients like fuel and nutrients. This process helps farmers and food companies get rid of leftovers in a sustainable way. The company sells these materials to businesses that make medicine, pet food, and renewable energy.

What’s in the Product Mix?

• Feed Ingredients: Processes animal by-products into fats and proteins for animal and pet nutrition; generated $1.15 billion in net sales during the three-month period ended July 4, 2026.
• Food Ingredients: Manufactures collagen, gelatin, and casings for the food and health sectors; recorded $408.5 million in net sales during the three-month period ended July 4, 2026.
• Fuel Ingredients: Converts organic waste and fats into renewable fuels; accounted for $166.1 million in net sales during the three-month period ended July 4, 2026.

Growing the Business

• Expanded the Diamond Green Diesel Port Arthur facility in November 2024 to enable the production of sustainable aviation fuel.
• Acquired Valley Proteins and FASA in fiscal 2022 to secure additional feedstocks for fuel production.
• Proposed a joint venture with Tessenderlo Group NV and acquired UPI Bovinos NewCo to grow its processing capacity.

Why Darling Stands Out

Darling Ingredients operates across five continents and uses a vertical structure to collect, process, and transport its own raw materials. This setup allows the company to supply 20% of its total net sales as feedstock to its fuel joint venture.

Key Financial Figures

• Segment operating income reached $555.2 million for the three-month period ended July 4, 2026, up 631.5% year over year.
• Total net sales hit $1.72 billion for the three-month period ended July 4, 2026, up from $1.48 billion year over year.
• Net income was $387.3 million for the three-month period ended July 4, 2026, compared to $12.7 million year over year.
• Non-GAAP Adjusted EBITDA reached $352.5 million for the three-month period ended July 4, 2026, up from $206.9 million year over year.

Evolution into Green Energy

Darling Ingredients has evolved from a traditional rendering company into a major producer of sustainable fuels and natural ingredients. Its vertical operations provide a stable supply of materials for the growing green energy market.