vs
Side-by-side financial comparison of Ameren (AEE) and DARLING INGREDIENTS INC. (DAR). Click either name above to swap in a different company.
Ameren is the larger business by last-quarter revenue ($1.8B vs $1.6B, roughly 1.1× DARLING INGREDIENTS INC.). Ameren runs the higher net margin — 14.2% vs 1.2%, a 13.0% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs -8.2%). Over the past eight quarters, Ameren's revenue compounded faster (-0.9% CAGR vs -1.6%).
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nucle...
Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.
AEE vs DAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.6B |
| Net Profit | $253.0M | $19.4M |
| Gross Margin | — | 24.7% |
| Operating Margin | 20.2% | 4.6% |
| Net Margin | 14.2% | 1.2% |
| Revenue YoY | -8.2% | 10.0% |
| Net Profit YoY | 21.6% | 14.2% |
| EPS (diluted) | $0.92 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.8B | — | ||
| Q3 25 | $2.7B | $1.6B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $1.9B | $1.4B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.8B | $1.4B |
| Q4 25 | $253.0M | — | ||
| Q3 25 | $641.0M | $19.4M | ||
| Q2 25 | $277.0M | $12.7M | ||
| Q1 25 | $290.0M | $-26.2M | ||
| Q4 24 | $208.0M | $101.9M | ||
| Q3 24 | $457.0M | $16.9M | ||
| Q2 24 | $260.0M | $78.9M | ||
| Q1 24 | $262.0M | $81.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | 24.7% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 23.5% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 22.5% | ||
| Q1 24 | — | 21.4% |
| Q4 25 | 20.2% | — | ||
| Q3 25 | 30.6% | 4.6% | ||
| Q2 25 | 18.5% | 5.1% | ||
| Q1 25 | 20.5% | 2.1% | ||
| Q4 24 | 10.2% | 8.6% | ||
| Q3 24 | 27.0% | 4.2% | ||
| Q2 24 | 21.3% | 10.2% | ||
| Q1 24 | 20.4% | 9.7% |
| Q4 25 | 14.2% | — | ||
| Q3 25 | 23.7% | 1.2% | ||
| Q2 25 | 12.5% | 0.9% | ||
| Q1 25 | 13.8% | -1.9% | ||
| Q4 24 | 10.7% | 7.2% | ||
| Q3 24 | 21.0% | 1.2% | ||
| Q2 24 | 15.4% | 5.4% | ||
| Q1 24 | 14.4% | 5.7% |
| Q4 25 | $0.92 | — | ||
| Q3 25 | $2.35 | $0.12 | ||
| Q2 25 | $1.01 | $0.08 | ||
| Q1 25 | $1.07 | $-0.16 | ||
| Q4 24 | $0.77 | $0.63 | ||
| Q3 24 | $1.70 | $0.11 | ||
| Q2 24 | $0.97 | $0.49 | ||
| Q1 24 | $0.98 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.0M | $91.5M |
| Total DebtLower is stronger | $19.4B | $4.0B |
| Stockholders' EquityBook value | $13.4B | $4.7B |
| Total Assets | $48.5B | $10.5B |
| Debt / EquityLower = less leverage | 1.45× | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.0M | — | ||
| Q3 25 | $9.0M | $91.5M | ||
| Q2 25 | $11.0M | $94.6M | ||
| Q1 25 | $23.0M | $81.5M | ||
| Q4 24 | $7.0M | $76.0M | ||
| Q3 24 | $17.0M | $114.8M | ||
| Q2 24 | $19.0M | $121.6M | ||
| Q1 24 | $85.0M | $145.5M |
| Q4 25 | $19.4B | — | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | $17.8B | $3.9B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.4B |
| Q4 25 | $13.4B | — | ||
| Q3 25 | $12.8B | $4.7B | ||
| Q2 25 | $12.3B | $4.6B | ||
| Q1 25 | $12.2B | $4.4B | ||
| Q4 24 | $12.1B | $4.4B | ||
| Q3 24 | $11.8B | $4.6B | ||
| Q2 24 | $11.5B | $4.5B | ||
| Q1 24 | $11.4B | $4.6B |
| Q4 25 | $48.5B | — | ||
| Q3 25 | $47.4B | $10.5B | ||
| Q2 25 | $46.6B | $10.3B | ||
| Q1 25 | $45.7B | $10.0B | ||
| Q4 24 | $44.6B | $10.1B | ||
| Q3 24 | $43.3B | $10.6B | ||
| Q2 24 | $42.3B | $10.6B | ||
| Q1 24 | $41.3B | $10.9B |
| Q4 25 | 1.45× | — | ||
| Q3 25 | — | 0.86× | ||
| Q2 25 | — | 0.85× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | 1.47× | 0.89× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | — | 0.95× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $956.0M | $224.3M |
| Free Cash FlowOCF − Capex | $-54.0M | — |
| FCF MarginFCF / Revenue | -3.0% | — |
| Capex IntensityCapex / Revenue | 56.7% | — |
| Cash ConversionOCF / Net Profit | 3.78× | 11.59× |
| TTM Free Cash FlowTrailing 4 quarters | $-775.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $956.0M | — | ||
| Q3 25 | $1.1B | $224.3M | ||
| Q2 25 | $862.0M | $145.8M | ||
| Q1 25 | $431.0M | $249.0M | ||
| Q4 24 | $817.0M | $154.4M | ||
| Q3 24 | $897.0M | $274.5M | ||
| Q2 24 | $557.0M | $146.5M | ||
| Q1 24 | $492.0M | $263.9M |
| Q4 25 | $-54.0M | — | ||
| Q3 25 | $116.0M | — | ||
| Q2 25 | $-204.0M | — | ||
| Q1 25 | $-633.0M | — | ||
| Q4 24 | $-473.0M | — | ||
| Q3 24 | $-240.0M | — | ||
| Q2 24 | $-445.0M | — | ||
| Q1 24 | $-398.0M | — |
| Q4 25 | -3.0% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | -9.2% | — | ||
| Q1 25 | -30.2% | — | ||
| Q4 24 | -24.4% | — | ||
| Q3 24 | -11.0% | — | ||
| Q2 24 | -26.3% | — | ||
| Q1 24 | -21.9% | — |
| Q4 25 | 56.7% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 48.0% | — | ||
| Q1 25 | 50.7% | — | ||
| Q4 24 | 66.5% | — | ||
| Q3 24 | 52.3% | — | ||
| Q2 24 | 59.2% | — | ||
| Q1 24 | 49.0% | — |
| Q4 25 | 3.78× | — | ||
| Q3 25 | 1.72× | 11.59× | ||
| Q2 25 | 3.11× | 11.52× | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 3.93× | 1.52× | ||
| Q3 24 | 1.96× | 16.19× | ||
| Q2 24 | 2.14× | 1.86× | ||
| Q1 24 | 1.88× | 3.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AEE
Segment breakdown not available.
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
