← DARLING INGREDIENTS INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.7b | $3.4b | $3.4b | $3.6b | $3.6b | $6.5b | $6.8b | $5.7b | $6.1b | $6.1b | |
| Cost of Revenue | $2.9b | $2.6b | $2.6b | $2.7b | $2.7b | $5.0b | $5.1b | $4.4b | $4.7b | $4.7b | |
| Cost of sales and operating expenses | $2.9b | $2.6b | $2.6b | — | $2.7b | $3.5b | $5.1b | $4.4b | — | $4.7b | |
| Gross Profit (derived) | $786.4m | $740.6m | $774.8m | $883.1m | $883.1m | $1.5b | $1.6b | $1.3b | $1.5b | $1.5b | |
| Operating Income (Loss) | $136.8m | $95.2m | $475.8m | $430.9m | $430.9m | $1.0b | $949.7m | $468.2m | $273.4m | $273.4m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $78.0m | $75.2m | $73.6m | $74.0m | — | $88.7m | $124.8m | $112.2m | $105.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($6.9m) | ($6.4m) | ($1.3m) | ($2.3m) | — | ($11.3m) | $8.1m | ($1.2m) | ($384k) | — | |
| Goodwill, Impairment Loss | — | $461k | — | $31.6m | — | $2.7m | — | — | $19.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $179k | $82.1m | $260.9m | $265.9m | — | $551.5m | $399.4m | ($17.1m) | ($165.0m) | — | |
| Income (Loss) from Equity Method Investments | $28.5m | $159.2m | $428k | $3.2m | — | $5.1m | $5.0m | $12.0m | $12.8m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | $16.0m | — | — | |
| Gain on sale of assets | ($237k) | $709k | ($20.6m) | — | $426k | ($958k) | ($7.4m) | ($4.2m) | — | ($340k) | |
| Restructuring and asset impairment charges | $0 | $15.0m | $0 | — | $38.2m | $778k | $18.6m | $5.8m | — | $58.0m | |
| Depreciation and amortization | $302.1m | $321.2m | $325.5m | — | $350.2m | $316.4m | $502.0m | $503.8m | — | $508.5m | |
| Change in fair value of contingent consideration | — | — | — | — | — | $0 | ($7.9m) | ($46.7m) | — | $18.0m | |
| Loss on early retirement of debt | $0 | ($23.5m) | ($12.1m) | — | $0 | $0 | $0 | $0 | — | ($3.0m) | |
| Foreign currency gain/(loss) | ($6.9m) | ($6.4m) | ($1.3m) | — | ($2.3m) | ($2.2m) | $8.1m | ($1.2m) | — | ($384k) | |
| Other income, net | ($5.3m) | ($7.6m) | ($6.7m) | — | ($5.5m) | ($4.6m) | $16.3m | $22.3m | — | $468k | |
| Total net sales | $3.7b | $3.4b | $3.4b | — | $3.6b | $4.7b | $6.8b | $5.7b | — | $6.1b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $64.2m | $118.0m | $380.4m | $353.6m | — | $893.7m | $720.0m | $247.5m | $61.0m | — | |
| Income before income taxes | $64.2m | $118.0m | $380.4m | — | $353.6m | $821.4m | $720.0m | $247.5m | — | $61.0m | |
| Equity in net income of Diamond Green Diesel | $28.2m | $159.8m | $364.5m | — | $315.1m | $351.6m | $366.4m | $149.1m | — | ($48.8m) | |
| Equity in net income of other unconsolidated subsidiaries | $28.5m | $159.2m | $428k | — | $3.2m | $5.8m | $5.0m | $12.0m | — | $12.8m | |
| Net Income (Loss) Attributable to Parent | $128.5m | $101.5m | $312.6m | $296.8m | $296.8m | $737.7m | $647.7m | $278.9m | $62.8m | $62.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $128.5m | $101.5m | $312.6m | $296.8m | $296.8m | $737.7m | $647.7m | $278.9m | $62.8m | $62.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $4.9m | $4.4m | $8.4m | $3.5m | $3.5m | $9.4m | $12.7m | $7.0m | $7.6m | $7.6m | |
| Net income attributable to noncontrolling interests | ($4.9m) | ($4.4m) | ($8.4m) | — | ($3.5m) | ($6.4m) | ($12.7m) | ($7.0m) | — | ($7.6m) | |
| Earnings Per Share, Basic | $0.78 | $0.62 | $1.90 | $1.83 | $1.83 | $4.58 | $4.05 | $1.75 | $0.40 | $0.40 | |
| Earnings Per Share, Diluted | $0.77 | $0.60 | $1.86 | $1.78 | $1.78 | $4.49 | $3.99 | $1.73 | $0.39 | $0.39 | |
| Weighted Average Number of Shares Outstanding, Basic | 164.8m | 164.8m | 164.6m | 162.6m | — | 161.0m | 159.9m | 159.5m | 158.5m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 166.7m | 167.9m | 168.4m | 167.2m | — | 164.1m | 162.4m | 161.4m | 160.2m | — | |
| Selling, General and Administrative Expense | $347.5m | $309.3m | $358.5m | $378.5m | $378.5m | $436.6m | $542.5m | $492.1m | $551.2m | $551.2m | |
| Selling, general and administrative expenses | $347.5m | $309.3m | $358.5m | — | $378.5m | $391.5m | $542.5m | $492.1m | — | $551.2m | |
| Other Nonoperating Income (Expense) | ($5.3m) | ($7.6m) | ($6.7m) | ($5.5m) | — | ($3.6m) | $16.3m | $22.3m | $468k | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | $16.4m | $13.9m | $7.8m | $15.9m | — | |
| Costs and Expenses | $3.5b | $3.3b | $3.3b | $3.5b | — | $5.9b | $6.2b | $5.4b | $5.8b | — | |
| Acquisition and integration costs | $0 | $0 | — | — | $0 | $1.4m | $13.9m | $7.8m | — | $15.9m | |
| Interest Expense | $88.9m | $86.4m | $78.7m | $72.7m | ($72.7m) | $125.6m | $259.2m | ($253.9m) | — | ($222.3m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | $253.9m | $222.3m | — | |
| Current Income Tax Expense (Benefit) | $31.4m | $27.6m | $37.3m | $38.0m | — | $107.5m | $107.9m | $83.9m | $93.8m | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($42k) | ($47k) | ($66k) | $22k | — | $22k | $58k | $10k | ($5.6m) | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | — | — | $1.8m | — | — | |
| Total costs and expenses | $3.5b | $3.3b | $3.3b | — | $3.5b | $4.2b | $6.2b | $5.4b | — | $5.8b | |
| Total other expense | ($101.1m) | ($136.5m) | ($95.8m) | — | ($80.5m) | ($68.8m) | ($234.8m) | ($232.7m) | — | ($225.2m) | |
| Income Tax Expense (Benefit) | ($69.2m) | $12.0m | $59.5m | $53.3m | $53.3m | $146.6m | $59.6m | ($38.3m) | ($9.4m) | ($9.4m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.