Darling Ingredients Inc (DAR) - Net Assets
Based on the latest financial reports, Darling Ingredients Inc (DAR) has net assets worth $2.30 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.00 Billion) and total liabilities ($5.70 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Darling Ingredients Inc (DAR) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.30 Billion |
| % of Total Assets | 28.8% |
| Annual Growth Rate | 16.75% |
| 5-Year Change | 43.66% |
| 10-Year Change | 131.65% |
| Growth Volatility | 93.02 |
Darling Ingredients Inc - Net Assets Trend (1994–2025)
This chart illustrates how Darling Ingredients Inc's net assets have evolved over time, based on quarterly financial data. See Darling Ingredients Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Darling Ingredients Inc (1994–2025)
The table below shows the annual net assets of Darling Ingredients Inc from 1994 to 2025. For live valuation and market cap data, see DAR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.81 Billion | +7.73% |
| 2024-12-31 | $4.46 Billion | -4.89% |
| 2023-12-31 | $4.69 Billion | +20.46% |
| 2022-12-31 | $3.90 Billion | +16.39% |
| 2021-12-31 | $3.35 Billion | +13.32% |
| 2020-12-31 | $2.95 Billion | +11.76% |
| 2019-12-31 | $2.64 Billion | +13.17% |
| 2018-12-31 | $2.34 Billion | +0.35% |
| 2017-12-31 | $2.33 Billion | +12.11% |
| 2016-12-31 | $2.08 Billion | +5.15% |
| 2015-12-31 | $1.97 Billion | -3.73% |
| 2014-12-31 | $2.05 Billion | +1.49% |
| 2013-12-31 | $2.02 Billion | +90.22% |
| 2012-12-31 | $1.06 Billion | +15.44% |
| 2011-12-31 | $920.38 Million | +98.23% |
| 2010-12-31 | $464.30 Million | +62.98% |
| 2009-12-31 | $284.88 Million | +20.42% |
| 2008-12-31 | $236.58 Million | +17.71% |
| 2007-12-31 | $200.98 Million | +32.82% |
| 2006-12-31 | $151.32 Million | +105.38% |
| 2005-12-31 | $73.68 Million | +9.59% |
| 2004-12-31 | $67.23 Million | +21.62% |
| 2003-12-31 | $55.28 Million | +53.93% |
| 2002-12-31 | $35.91 Million | +472.01% |
| 2001-12-31 | $-9.65 Million | -454.41% |
| 2000-12-31 | $2.72 Million | -87.56% |
| 1999-12-31 | $21.90 Million | -42.22% |
| 1998-12-31 | $37.90 Million | -45.70% |
| 1997-12-31 | $69.80 Million | +9.06% |
| 1996-12-31 | $64.00 Million | +16.79% |
| 1995-12-31 | $54.80 Million | +38.73% |
| 1994-12-31 | $39.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Darling Ingredients Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 54966.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.07 Billion | 86.03% |
| Common Stock | $1.76 Million | 0.04% |
| Other Comprehensive Income | $-339.19 Million | -7.16% |
| Other Components | $999.41 Million | 21.10% |
| Total Equity | $4.74 Billion | 100.00% |
Darling Ingredients Inc Competitors by Market Cap
The table below lists competitors of Darling Ingredients Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indoritel Makmur Internasional
JK:DNET
|
$8.56 Billion |
|
Guobo Electronics Co. Ltd. A
SHG:688375
|
$8.57 Billion |
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
$8.57 Billion |
|
Bentley Systems Inc
NASDAQ:BSY
|
$8.58 Billion |
|
Globus Medical
NYSE:GMED
|
$8.55 Billion |
|
CITIC Metal Co. Ltd. A
SHG:601061
|
$8.54 Billion |
|
Subsea 7 S.A
F:SOCA
|
$8.54 Billion |
|
National Retail Properties Inc
NYSE:NNN
|
$8.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Darling Ingredients Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,377,810,000 to 4,736,911,000, a change of 359,101,000 (8.2%).
- Net income of 62,804,000 contributed positively to equity growth.
- Share repurchases of 34,668,000 reduced equity.
- New share issuances of 413,000 increased equity.
- Other comprehensive income increased equity by 345,052,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $62.80 Million | +1.33% |
| Share Repurchases | $34.67 Million | -0.73% |
| Share Issuances | $413.00K | +0.01% |
| Other Comprehensive Income | $345.05 Million | +7.28% |
| Other Changes | $-14.50 Million | -0.31% |
| Total Change | $- | 8.20% |
Book Value vs Market Value Analysis
This analysis compares Darling Ingredients Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.57x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $2.62 | $53.79 | x |
| 1995-12-31 | $3.43 | $53.79 | x |
| 1996-12-31 | $3.82 | $53.79 | x |
| 1997-12-31 | $4.27 | $53.79 | x |
| 1998-12-31 | $2.43 | $53.79 | x |
| 1999-12-31 | $1.41 | $53.79 | x |
| 2000-12-31 | $0.17 | $53.79 | x |
| 2001-12-31 | $-0.62 | $53.79 | x |
| 2002-12-31 | $0.56 | $53.79 | x |
| 2003-12-31 | $0.90 | $53.79 | x |
| 2004-12-31 | $1.04 | $53.79 | x |
| 2005-12-31 | $1.14 | $53.79 | x |
| 2006-12-31 | $2.01 | $53.79 | x |
| 2007-12-31 | $2.45 | $53.79 | x |
| 2008-12-31 | $2.88 | $53.79 | x |
| 2009-12-31 | $3.45 | $53.79 | x |
| 2010-12-31 | $5.58 | $53.79 | x |
| 2011-12-31 | $7.97 | $53.79 | x |
| 2012-12-31 | $9.00 | $53.79 | x |
| 2013-12-31 | $16.85 | $53.79 | x |
| 2014-12-31 | $11.83 | $53.79 | x |
| 2015-12-31 | $11.33 | $53.79 | x |
| 2016-12-31 | $11.94 | $53.79 | x |
| 2017-12-31 | $13.46 | $53.79 | x |
| 2018-12-31 | $13.54 | $53.79 | x |
| 2019-12-31 | $15.24 | $53.79 | x |
| 2020-12-31 | $17.30 | $53.79 | x |
| 2021-12-31 | $19.64 | $53.79 | x |
| 2022-12-31 | $23.21 | $53.79 | x |
| 2023-12-31 | $28.36 | $53.79 | x |
| 2024-12-31 | $27.12 | $53.79 | x |
| 2025-12-31 | $29.58 | $53.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Darling Ingredients Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.17x
- Recent ROE (1.33%) is above the historical average (-15.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 18.73% | 2.09% | 1.44x | 6.22x | $3.45 Million |
| 1995 | 26.28% | 3.42% | 1.58x | 4.86x | $8.92 Million |
| 1996 | 12.03% | 1.57% | 1.48x | 5.15x | $1.30 Million |
| 1997 | 7.74% | 1.08% | 1.59x | 4.48x | $-1.58 Million |
| 1998 | -84.70% | -9.53% | 1.28x | 6.94x | $-35.89 Million |
| 1999 | -73.06% | -6.19% | 1.31x | 9.03x | $-18.19 Million |
| 2000 | -704.44% | -7.90% | 1.39x | 64.06x | $-19.46 Million |
| 2001 | 0.00% | -4.63% | 1.61x | 0.00x | $-10.88 Million |
| 2002 | 24.96% | 3.42% | 1.61x | 4.54x | $5.37 Million |
| 2003 | 32.91% | 5.61% | 1.86x | 3.16x | $12.66 Million |
| 2004 | 21.22% | 4.46% | 1.75x | 2.72x | $7.54 Million |
| 2005 | 10.51% | 2.51% | 1.62x | 2.59x | $373.00K |
| 2006 | 3.37% | 1.25% | 1.27x | 2.12x | $-10.03 Million |
| 2007 | 22.66% | 7.06% | 1.84x | 1.75x | $25.43 Million |
| 2008 | 23.06% | 6.76% | 2.05x | 1.67x | $30.90 Million |
| 2009 | 14.67% | 6.99% | 1.40x | 1.50x | $13.30 Million |
| 2010 | 9.53% | 6.10% | 0.52x | 2.98x | $-2.19 Million |
| 2011 | 18.41% | 9.43% | 1.27x | 1.54x | $77.38 Million |
| 2012 | 12.31% | 7.69% | 1.10x | 1.46x | $24.53 Million |
| 2013 | 5.39% | 6.05% | 0.56x | 1.61x | $-93.13 Million |
| 2014 | 3.29% | 1.62% | 0.77x | 2.62x | $-131.08 Million |
| 2015 | 4.20% | 2.32% | 0.71x | 2.54x | $-108.54 Million |
| 2016 | 5.19% | 3.01% | 0.72x | 2.38x | $-94.99 Million |
| 2017 | 5.72% | 3.51% | 0.74x | 2.21x | $-96.03 Million |
| 2018 | 4.47% | 3.00% | 0.69x | 2.15x | $-125.81 Million |
| 2019 | 12.18% | 9.29% | 0.63x | 2.08x | $56.02 Million |
| 2020 | 10.26% | 8.31% | 0.64x | 1.94x | $7.63 Million |
| 2021 | 19.84% | 13.73% | 0.77x | 1.87x | $322.82 Million |
| 2022 | 19.37% | 11.29% | 0.71x | 2.42x | $356.79 Million |
| 2023 | 14.06% | 9.54% | 0.61x | 2.40x | $187.18 Million |
| 2024 | 6.37% | 4.88% | 0.57x | 2.30x | $-158.90 Million |
| 2025 | 1.33% | 1.02% | 0.60x | 2.17x | $-410.89 Million |
Industry Comparison
This section compares Darling Ingredients Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $121,177,784
- Average return on equity (ROE) among peers: -150.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Darling Ingredients Inc (DAR) | $2.30 Billion | 18.73% | 2.47x | $8.55 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $199.86 Million | -2.89% | 0.00x | $5.11 Million |
| Agape ATP Corporation Common Stock (ATPC) | $1.93 Million | -128.06% | 0.68x | $2.64 Million |
| B&G Foods Inc (BGS) | $174.63 Million | 10.21% | 3.85x | $313.60 Million |
| BioHarvest Sciences Inc. Common Stock (BHST) | $1.33 Million | -970.90% | 17.80x | $72.31 Million |
| BranchOut Food Inc. Common Stock (BOF) | $5.57 Million | -109.92% | 1.60x | $57.59 Million |
| Bellring Brands LLC (BRBR) | $-65.50 Million | 0.00% | 0.00x | $1.05 Billion |
| BRC Inc. (BRCC) | $49.50 Million | -5.96% | 3.59x | $152.11 Million |
| BRF SA ADR (BRFS) | $800.55 Million | -313.82% | 16.84x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $44.60 Million | 14.80% | 0.47x | $61.63 Million |
| Borealis Foods Inc. (BRLS) | $-695.89K | 0.00% | 0.00x | $28.97 Million |
About Darling Ingredients Inc
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 int… Read more