Darling Ingredients (DAR) Operating Margin (2009 - 2026)
Darling Ingredients' (DAR) quarterly Operating Margin came in at 32.2% in Q3 2026, up 2708.0% on a YoY basis from 1.15% in Q3 2025, and up 120.24% quarter-over-quarter from 14.62% in Q2 2026.
Analysis
Darling Ingredients (DAR) Operating Margin (2009 - 2026) Analysis & Trends
Darling Ingredients (DAR) has reported Operating Margin for 18 consecutive years, with 32.2% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Margin rose 2708.0% year-over-year to 32.2%; the trailing twelve-month figure through Jul 2026 stood at 14.71% (up 968.0% YoY), and the FY2024 full-year result was 8.19%, down 580.0% from the prior year.
- Operating Margin climbed to 32.2% in Q3 2026 per DAR's latest filing, from 14.62% in the prior quarter.
- Across five years, Operating Margin topped out at 32.2% in Q3 2026 and bottomed at 2.06% in Q1 2025.
- Historically, Operating Margin has averaged 11.64% across 5 years, with a median of 10.3% in 2022.
- The sharpest annual moves came in 2022 and 2026: Operating Margin plunged 3377 bps in 2022, then surged 2708 bps in 2026.
- Over 5 years, Operating Margin stood at 14.1% in 2022, then tumbled by 30 bps to 9.84% in 2023, then decreased by 12 bps to 8.64% in 2024, then sank by 47 bps to 4.59% in 2025, then surged by 602 bps to 32.2% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 32.2%, 14.62%, and 4.59% for Q3 2026, Q2 2026, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 41.79 Bn | 32.22 Bn | 1.94 Bn | 3.95% |
| 2 | Bunge Global | 23.79 Bn | 23.15 Bn | 1.68 Bn | 4.47% |
| 3 | Darling Ingredients | 10.69 Bn | 10.53 Bn | 503.37 Mn | 32.20% |
| 4 | Ingredion | 6.37 Bn | 5.42 Bn | 426.00 Mn | 10.16% |
| 5 | Scotts Miracle-Gro | 3.31 Bn | 3.28 Bn | 365.90 Mn | 14.47% |
| 6 | Andersons | 2.43 Bn | 2.36 Bn | 223.73 Mn | - |
| 7 | Del Monte | 1.55 Bn | 1.52 Bn | 121.30 Mn | 2.75% |
| 8 | Dole | 1.31 Bn | 1.01 Bn | 195.30 Mn | 1.90% |
| 9 | Adecoagro | 1.28 Bn | 945.16 Mn | 167.30 Mn | 17.32% |
| 10 | Universal | 1.13 Bn | 855.95 Mn | 83.09 Mn | 0.44% |
Historic Data
Download Data
Historic 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% |