Darling Ingredients Inc.

DARNYSEConsumer Defensive● Active

$59.03

$-0.42(-0.71%)

Market Cap$9.4B

P/E Ratio—

52W High$66.02

52W Low$29.15

Avg Volume3.0M

Open$60.07

Beta1.03

Free Cash Flow Financials Revenue

Darling Ingredients Inc. (DAR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DAR · free cash flow · updated Jun 8, 2026

Core FCF metrics

DAR · FCF · TTM · margin & CAGR

Free cash flow was $679.2M for FY2026 (fiscal year ending 2026-01-03), up 34.0% year-over-year The FCF margin was 11.1%. Five-year CAGR stands at +14.8%.

FY2026 Free Cash Flow$679.2M▲ +34.0% YoY

Trailing 12M (TTM)$551.4Mtrailing 4 quarters sum

FCF Margin11.1%$679.2M ÷ revenue

3-Year CAGR+17.3%FY2023 → FY2026

5-Year CAGR+14.8%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DAR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$1.06B(380M)$679.2M▲ +34.0%11.1%

FY2024$839.3M(332M)$506.8M▲ +48.1%8.9%

FY2023$899.3M(557M)$342.3M▼ 18.7%5.0%

FY2022$813.7M(393M)$420.9M▼ 2.1%6.4%

FY2021$704.4M(274M)$430.0M▲ +26.2%9.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DAR · P/FCF · FCF yield · FCF per share

Darling Ingredients Inc. (DAR) trades at a FCF yield of 5.82% and a price-to-free-cash-flow ratio of 17.0x. FCF per share stands at $3.48, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.82%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.48

TTM FCF ÷ Shares Outstanding

Price / FCF

x17.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x24.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-03

Cash flow statement summary

DAR · cash flow statement · operating / investing / financing

For FY2026, Darling Ingredients Inc. generated $1.06B in operating cash flow and spent 380M in capital expenditures, yielding $679.2M in free cash flow.

Operating Activities

+$1.06B

Cash from core business operations

2026-01-03

Investing Activities

−$720.3M

CapEx, acquisitions & investments

2026-01-03

Financing Activities

−$337.9M

Buybacks, dividends & debt

2026-01-03

FCF FormulaOperating CF ($1.06B) − |CapEx| (380M) = FCF ($679.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

DAR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Darling Ingredients Inc.YOU

DAR

$679.2M+34.0%11.1%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Darling Ingredients Inc. (DAR) reported free cash flow of $679.2M for FY2026 (fiscal year ending 2026-01-03), up 34.0% year-over-year. The FCF margin was 11.1%.

Based on available data, Darling Ingredients Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $679.2M in FY2026. The 5-year CAGR stands at +14.8%.

Darling Ingredients Inc.'s FCF yield is 5.82% and price-to-FCF ratio is 17.0x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DAR free cash flow · 8 questions

Darling Ingredients Inc. free cash flow was $679.2M for FY2026, up 34.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $551.4M.

DAR free cash flowDAR FCFDAR FCF 2026DAR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Darling Ingredients Inc. · Darling Ingredients Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026