Darling Ingredients (DAR) Operating Margin (2009 - 2026)
Darling Ingredients' (DAR) quarterly Operating Margin came in at 14.62% in Q2 2026, up 1257.0% YoY from 1.08% in Q2 2025, and up 218.84% on a QoQ basis from 4.59% in Q3 2025.
Darling Ingredients (DAR) Operating Margin (2009 - 2026) Analysis & Trends
Darling Ingredients (DAR) has 18 years of Operating Margin data on file, last reported at 14.62% in Q2 2026.
- Quarterly Operating Margin rose 1257.0% year-over-year to 14.62% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 6.74% (up 41.0% YoY) and the FY2024 annual result came in at 8.19%, down 580.0% from the prior year.
- Operating Margin improved to 14.62% in Q2 2026, from 4.59% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 20.29% in Q3 2023 to a low of 2.06% in Q1 2025.
- A 5-year average of 10.36% and a median of 10.25% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin tumbled 3377 bps — and 2026, when it jumped 1257 bps.
- Tracing DAR's Operating Margin over 5 years: stood at 14.1% in 2022, then sank by 30 bps to 9.84% in 2023, then fell by 12 bps to 8.64% in 2024, then tumbled by 47 bps to 4.59% in 2025, then surged by 219 bps to 14.62% in 2026.
- The last three Operating Margin figures came in at 14.62% (Q2 2026), 4.59% (Q3 2025), and 5.12% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | -102.70% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | -45.40% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 14.27% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 2.38% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 7.30% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 19.60% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 32.20% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 7.84% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | -57.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 32.20% |
| Apr 4, 2026 | 14.62% |
| Sep 27, 2025 | 4.59% |
| Jun 28, 2025 | 5.12% |
| Mar 29, 2025 | 2.06% |
| Dec 28, 2024 | 8.64% |
| Sep 28, 2024 | 4.23% |
| Jun 29, 2024 | 10.20% |
| Mar 30, 2024 | 9.66% |
| Dec 30, 2023 | 9.84% |
| Sep 30, 2023 | 10.98% |
| Jul 1, 2023 | 20.29% |
| Mar 31, 2023 | 11.91% |
| Dec 31, 2022 | 14.10% |
| Sep 30, 2022 | 14.21% |
| Jun 30, 2022 | 10.30% |
| Mar 31, 2022 | 14.95% |
| Sep 30, 2021 | 27.14% |
| Jun 30, 2021 | 44.07% |
| Mar 31, 2021 | 47.43% |